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Nonprofiteer
← INTERNATIONAL BROTHERHOOD OF TEAMSTERS

Form 990 for tax year 2023

Filed by INTERNATIONAL BROTHERHOOD OF TEAMSTERS.

Totals

Total revenue
$1,116,448
Total expenses
$1,090,330
Contributions and grants received
$0
Grants paid
$40,281
Program service revenue
$1,060,287
Investment income
$7,028
Other revenue
$49,133
Total assets, end of year
$450,699
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$450,699
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBER DUES AND ASSESS

    total $1,060,287 · related or exempt $1,060,287

  • 3 · Investment income

    total $9,492 · excluded $9,492

  • 7a · Gross sales of assets other than inventory

    securities $11,794

  • 7b · Less cost or other basis and sales expenses

    securities $14,258

  • 7c · Gain or loss

    securities -$2,464

  • 7d · Net gain or loss

    total -$2,464 · excluded -$2,464

  • 11a · Other revenue: REIMBURSEMENTS

    total $49,133 · excluded $49,133

  • 11e · Other revenue, total

    $49,133

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $36,069

  • 2 · Grants to domestic individuals

    total $4,212

  • 5 · Compensation of officers, directors and key employees

    total $342,711

  • 7 · Other salaries and wages

    total $107,197

  • 8 · Pension plan contributions

    total $26,748

  • 9 · Other employee benefits

    total $125,807

  • 10 · Payroll taxes

    total $27,731

  • 11b · Fees: legal

    total $19,824

  • 11f · Fees: investment management

    total $2,417

  • 11g · Fees: other

    total $1,100

  • 13 · Office expenses

    total $32,107

  • 16 · Occupancy

    total $32,999

  • 17 · Travel

    total $23,476

  • 19 · Conferences, conventions and meetings

    total $5,920

  • 21 · Payments to affiliates

    total $264,770

  • 22 · Depreciation, depletion and amortization

    total $6,028

  • 23 · Insurance

    total $2,115

  • 24a · Other expenses: STEWARDS DUES

    total $15,124

  • 24b · Other expenses: EDUCATION/PUBLICITY

    total $5,239

  • 24c · Other expenses: REFUND - DUES AND INIT

    total $4,547

  • 24d · Other expenses: TRANSFER TO JC 32 DRIVE

    total $3,499

  • 24e · All other expenses

    total $690

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $204,931 · end of year $233,917

  • 10a · Land, buildings and equipment: cost or other basis

    $111,115

  • 10b · Land, buildings and equipment: accumulated depreciation

    $103,378

  • 10c · Land, buildings and equipment, net

    beginning of year $13,765 · end of year $7,737

  • 11 · Investments: publicly traded securities

    beginning of year $179,239 · end of year $208,595

  • 15 · Other assets

    beginning of year $720 · end of year $450

  • 27 · Net assets without donor restrictions

    beginning of year $398,655 · end of year $450,699

Mission and programs · 2023

Mission

TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.

Activities or mission (Part I)

LABOR UNION

  • THE OBJECTIVES OF THIS LOCAL UNION SHALL BE: TO UNITE INTO ONE LABOR ORGANIZATION ALL WORKERS ELIGIBLE FOR MEMBERSHIP, REGARDLESS OF RELIGION, RACE, CREED, COLOR, NATIONAL ORIGIN, AGE, PHYSICAL DISABILITY OR SEX.TO ENGAGE IN ORGANIZING WORKERS TO PROVIDE THE BENEFIT OF UNIONISM TO ALL WORKERS AND TO PROTECT AND PRESERVE THE BENEFITS OBTAINED FOR MEMBERS OF THIS ORGANIZATION.TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING, THROUGH LEGAL AND ECONOMIC MEANS AND OTHER LAWFUL METHODS.TO PROVIDE EDUCATIONAL ADVANCEMENT AND TRAINING FOR EMPLOYEES, MEMBERS AND OFFICERS.

As filed on the 2023 return.

Listed in Part VII

  • Nathanial Cochrane

    SECRETARY-TREASURER

    Total calculated
    $162,317
    From this org
    $105,145
    From related orgs
    $0
    Other
    $57,172
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $105,145
    Bonus
    $0
    Other
    $0
    Deferred
    $26,922
    Nontaxable benefits
    $30,250
    Filer's total
    $162,317

  • Bruce Frauendienst

    VICE PRESIDENT

    Total calculated
    $7,350
    From this org
    $7,350
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Mike Siebenaler

    RECORDING SECRETARY

    Total calculated
    $7,400
    From this org
    $7,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Chad Reichow

    PRESIDENT

    Total calculated
    $144,858
    From this org
    $89,089
    From related orgs
    $0
    Other
    $55,769
    Hours/week
    44

  • Jeff Olson

    TRUSTEE

    Total calculated
    $6,849
    From this org
    $6,849
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Mark Phillips

    PRESIDENT

    Total calculated
    $7,025
    From this org
    $7,025
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Joseph Frid

    TRUSTEE

    Total calculated
    $6,913
    From this org
    $6,913
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
31 October 2024
IRS schema version
2023v5.1
Source object
202443109349302314

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