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Nonprofiteer
← INTERNATIONAL BROTHERHOOD OF TEAMSTERS

Form 990 for tax year 2023

Filed by INTERNATIONAL BROTHERHOOD OF TEAMSTERS.

Totals

Total revenue
$925,891
Total expenses
$899,780
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$913,024
Investment income
$10,349
Other revenue
$2,518
Total assets, end of year
$560,711
Total liabilities, end of year
$5,237
Net assets or fund balances, end of year
$555,474
Program services expenses (Part IX)
$641,211
Management and general expenses
$258,569
Fundraising expenses
$0
Program service expenses (Part III)
$641,211

Program services were 71.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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: MEMBERSHIP DUES

    total $913,024 · related or exempt $913,024

  • 3 · Investment income

    total $8,928 · excluded $8,928

  • 7a · Gross sales of assets other than inventory

    other assets $45,274

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

    other assets $43,853

  • 7c · Gain or loss

    other assets $1,421

  • 7d · Net gain or loss

    total $1,421 · excluded $1,421

  • 11a · Other revenue

    total $2,518 · related or exempt $2,518

  • 11e · Other revenue, total

    $2,518

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $294,129 · program services $209,624 · management and general $84,505

  • 7 · Other salaries and wages

    total $40,538 · management and general $40,538

  • 8 · Pension plan contributions

    total $45,306 · program services $16,928 · management and general $28,378

  • 9 · Other employee benefits

    total $65,586 · program services $24,505 · management and general $41,081

  • 10 · Payroll taxes

    total $24,701 · program services $15,472 · management and general $9,229

  • 11c · Fees: accounting

    total $7,450 · management and general $7,450

  • 13 · Office expenses

    total $23,188 · program services $17,391 · management and general $5,797

  • 16 · Occupancy

    total $22,219 · program services $16,665 · management and general $5,554

  • 17 · Travel

    total $57,896 · program services $57,896

  • 22 · Depreciation, depletion and amortization

    total $11,298 · management and general $11,298

  • 23 · Insurance

    total $1,016 · management and general $1,016

  • 24a · Other expenses: PER CAPITAL TAXES

    total $226,582 · program services $226,582

  • 24b · Other expenses: AUTO EXPENSE

    total $28,016 · program services $21,012 · management and general $7,004

  • 24c · Other expenses: STRIKE FUND BENEFIT

    total $20,403 · program services $20,403

  • 24d · Other expenses: MAINTENANCE AND REPAIRS

    total $11,476 · management and general $11,476

  • 24e · All other expenses

    total $19,976 · program services $14,733 · management and general $5,243

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $134,238 · end of year $155,431

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

    $253,971

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

    $157,208

  • 10c · Land, buildings and equipment, net

    beginning of year $99,031 · end of year $96,763

  • 11 · Investments: publicly traded securities

    beginning of year $300,180 · end of year $308,517

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,086 · end of year $5,237

  • 31 · Retained earnings, endowment or other funds

    beginning of year $529,363 · end of year $555,474

Mission and programs · 2023

Mission

UNITE INTO LABOR ORGANIZATION ALL WORKERS ELIGIBLE FOR MEMBERSHIP, ENGAGE IN ORGANIZINGS WORKERS, AND SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION.

  • THE LOCAL WAS ABLE TO ORGANIZE ITS MEMBERS IN THEIR RESPECTIVE TRADES AND PROMOTE APPRENTICESHIP AND A HIGHER STANDARD OF SKILL IN THE AREA.

    Expenses $641,211 · Revenue $913,024

  • THE LOCAL WAS ABLE TO ORGANIZE ITS MEMBERS IN THEIR RESPECTIVE TRADES AND PROMOTE APPRENTICESHIP AND A HIGHER STANDARD OF SKILL IN THE AREA.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stacy Fox

    PRESIDENT

    Total calculated
    $140,287
    From this org
    $140,287
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tommy Driggers

    SEC/TREASURE

    Total calculated
    $139,212
    From this org
    $139,212
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jp Reed

    TRUSTEE

    Total calculated
    $5,380
    From this org
    $5,380
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Thomas D Owens

    VICE PRESIDE

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Robert Presson

    TRUSTEE

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Ryan Pittman

    TRUSTEE

    Total calculated
    $1,750
    From this org
    $1,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • James Pogue

    TRUSTEE

    Total calculated
    $1,500
    From this org
    $1,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 March 2024
IRS schema version
2023v5.0
Source object
202400869349300135

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