Is International Brotherhood Of Teamsters Legit?

The International Brotherhood Of Teamsters, Local 237, demonstrates consistent financial growth and strong asset accumulation over the past decade. Revenue has steadily increased from $1,003,823 in 2014 to $2,105,934 in 2023, with a notable dip in 2015. Expenses have also risen but generally at a slower pace than revenue, leading to positive net income in most years. The organization's assets have more than tripled from $1,485,563 in 2014 to $4,888,672 in 2023, indicating sound financial management and accumulation of reserves. The organization consistently reports zero liabilities since 2020, which is a significant strength, suggesting excellent financial stability and no outstanding debts. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, or that executive compensation is not reported in this section of the 990, which would warrant further investigation. Overall, the financial health appears robust, with a clear trend of increasing resources and minimal financial risk. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent positive net income suggests that the organization is operating within its means and building reserves. The absence of reported officer compensation is a positive indicator for transparency, assuming it accurately reflects the compensation structure.