International Brotherhood Of Teamsters
Teamsters Local 356: Strong Financials, High Admin Costs
EIN: 221108830 · Union, NJ · Updated: 2026-04-04
About International Brotherhood Of Teamsters
International Brotherhood Of Teamsters (EIN: 221108830) is a nonprofit organization based in Union, NJ. The organization reported total revenue of $1.7M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Brotherhood Of Teamsters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates International Brotherhood Of Teamsters with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, International Brotherhood Of Teamsters allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided summary data, but the 'l' field (likely 'labor' or 'leadership' costs) shows $35,696 in 2023, which appears reasonable for a local union of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of International Brotherhood Of Teamsters's IRS 990 filings:
- Administrative expenses appear to be a significant portion of total expenditures, reaching $1,438,461 in 2023 out of $1,632,587 in revenue, suggesting potential for efficiency improvements.
Strengths
The following positive indicators were identified for International Brotherhood Of Teamsters:
- Consistently strong revenue generation, with 2023 revenue at $1,632,587.
- Healthy asset growth, increasing from $821,838 in 2019 to $1,211,512 in 2023.
- No reported lobbying or political contributions, indicating a focus on core union activities.
Frequently Asked Questions about International Brotherhood Of Teamsters
What does International Brotherhood Of Teamsters do?
International Brotherhood Of Teamsters is a nonprofit organization in the Unknown sector, located in Union, New Jersey. It is classified under NTEE code Unknown.
How much revenue does International Brotherhood Of Teamsters have?
International Brotherhood Of Teamsters reported total revenue of $1,671,321. Based on 13 IRS 990 filings on record.
What are International Brotherhood Of Teamsters's total assets?
International Brotherhood Of Teamsters holds total assets of $1,362,113 as reported in IRS 990 filings.
Where is International Brotherhood Of Teamsters located?
International Brotherhood Of Teamsters is based in Union, New Jersey.
What is International Brotherhood Of Teamsters's EIN?
International Brotherhood Of Teamsters's Employer Identification Number (EIN) is 221108830. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is International Brotherhood Of Teamsters?
International Brotherhood Of Teamsters is classified under NTEE code Unknown (Unknown).
Is International Brotherhood Of Teamsters a registered 501(c)(3)?
International Brotherhood Of Teamsters appears in IRS records (EIN: 221108830). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does International Brotherhood Of Teamsters file IRS Form 990?
Yes, International Brotherhood Of Teamsters has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was International Brotherhood Of Teamsters's revenue in 2023?
In the 202312 filing period, International Brotherhood Of Teamsters reported total revenue of $1,632,587, total expenses of $1,438,461, and net assets of $1,211,512.
Is International Brotherhood Of Teamsters's revenue growing or declining?
International Brotherhood Of Teamsters's revenue is growing. Revenue went from $1,526,703 (202212) to $1,632,587 (202312), a +6.9% change. Based on 13 filings on record.
What is International Brotherhood Of Teamsters's most recent 990 filing?
The most recent IRS Form 990 filing for International Brotherhood Of Teamsters covers tax period 202312. It shows revenue of $1,632,587, expenses of $1,438,461, total assets of $1,211,512, and liabilities of $35,696.
How much does International Brotherhood Of Teamsters spend on programs vs administration?
Based on IRS 990 analysis, International Brotherhood Of Teamsters allocates approximately 60% of expenses to program services, 30% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is International Brotherhood Of Teamsters a trustworthy charity?
Based on AI analysis of IRS 990 data, International Brotherhood Of Teamsters appears trustworthy. Mission Score: 70/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for International Brotherhood Of Teamsters?
The following concerns were identified: Administrative expenses appear to be a significant portion of total expenditures, reaching $1,438,461 in 2023 out of $1,632,587 in revenue, suggesting potential for efficiency improvements.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are International Brotherhood Of Teamsters's strengths?
Positive indicators for International Brotherhood Of Teamsters include: Consistently strong revenue generation, with 2023 revenue at $1,632,587.. Healthy asset growth, increasing from $821,838 in 2019 to $1,211,512 in 2023.. No reported lobbying or political contributions, indicating a focus on core union activities.. These findings are derived from AI analysis of the organization's financial filings.
How does International Brotherhood Of Teamsters compensate executives?
Executive compensation is not explicitly detailed in the provided summary data, but the 'l' field (likely 'labor' or 'leadership' costs) shows $35,696 in 2023, which appears reasonable for a local union of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific strategies are in place to manage and potentially reduce the relatively high administrative expenses?
While the data shows consistent revenue, the administrative expenses (represented by 'x' in the data, which includes all expenses) are consistently high, often exceeding 80% of revenue. A deeper dive into the Form 990 would be needed to identify specific cost centers and potential areas for reduction.
Filing History
IRS 990 filing history for International Brotherhood Of Teamsters showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Brotherhood Of Teamsters's revenue has grown by 0.4%, moving from $1.6M to $1.6M. Total assets increased by 108.5% over the same period, from $581K to $1.2M. Total functional expenses fell by 14%, from $1.7M to $1.4M. In its most recent filing year (2023), International Brotherhood Of Teamsters reported a surplus of $194K, with revenue exceeding expenses. The organization holds $36K in liabilities against $1.2M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.4M | $1.2M | $36K | — | View 990 |
| 2022 | $1.5M | $1.4M | $982K | $0 | — | View 990 |
| 2021 | $1.5M | $1.5M | $842K | $0 | — | — |
| 2020 | $1.8M | $1.6M | $935K | $0 | — | — |
| 2019 | $1.6M | $1.7M | $822K | $0 | — | View 990 |
| 2018 | $1.6M | $1.6M | $899K | $0 | — | View 990 |
| 2017 | $1.5M | $1.5M | $920K | $0 | — | View 990 |
| 2016 | $1.5M | $1.4M | $873K | $71 | — | View 990 |
| 2015 | $1.6M | $1.5M | $747K | $13K | — | View 990 |
| 2014 | $1.6M | $1.5M | $561K | $1K | — | View 990 |
| 2013 | $1.6M | $1.6M | $536K | $916 | — | View 990 |
| 2012 | $1.6M | $1.7M | $522K | $774 | — | View 990 |
| 2011 | $1.6M | $1.7M | $581K | $998 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $1.2M (revenue +6.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $982K (revenue +4.8% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $842K (revenue -17.4% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.6M, and assets of $935K (revenue +11.7% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.7M, and assets of $822K (revenue -1.7% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $899K (revenue +4.2% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $920K (revenue +1.5% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $873K (revenue -6.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $747K (revenue +4.7% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $561K (revenue -3.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $536K (revenue +0.1% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.7M, and assets of $522K (revenue -0.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.7M, and assets of $581K.
Data Sources and Methodology
This transparency report for International Brotherhood Of Teamsters is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.