Teamsters Local Union 1108
EIN: 421665689 · Richmond Heights, OH
| Metric | Value |
|---|---|
| Total Expenses | $718K |
| Net Assets | $73K |
Is Teamsters Local Union 1108 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Teamsters Local Union 1108
Teamsters Local Union 1108 (EIN: 421665689) is a nonprofit organization based in Richmond Heights, OH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teamsters Local Union 1108's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teamsters Local Union 1108 is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $505K |
| Total Expenses | $718K |
| Surplus / Deficit | $-213,151 |
| Total Assets | $73K |
| Net Assets | $73K |
| Operating Margin | -42.2% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2016, Teamsters Local Union 1108 reported a deficit of $213K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2016), Teamsters Local Union 1108's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -18.3% | +31.4% | -71.0% |
| 2015 | +57.1% | +14.0% | -32.9% |
| 2014 | -6.2% | +16.5% | -19.9% |
| 2013 | -17.1% | -8.7% | -2.6% |
| 2012 | +22.2% | +11.5% | +4.9% |
AI Analysis Pending
AI enrichment for Teamsters Local Union 1108 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Teamsters Local Union 1108 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $213K, with expenses exceeding revenue.
Frequently Asked Questions about Teamsters Local Union 1108
Is Teamsters Local Union 1108 a legitimate charity?
Teamsters Local Union 1108 (EIN: 421665689) is a registered tax-exempt nonprofit based in Ohio. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Teamsters Local Union 1108 spend its money?
Teamsters Local Union 1108 reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Teamsters Local Union 1108 tax-deductible?
Teamsters Local Union 1108 is registered as a tax-exempt nonprofit (EIN: 421665689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Teamsters Local Union 1108 located?
Teamsters Local Union 1108 is headquartered in Richmond Heights, Ohio and files with the IRS under EIN 421665689.
How many years of IRS 990 filings does Teamsters Local Union 1108 have?
Teamsters Local Union 1108 has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Teamsters Local Union 1108 showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Teamsters Local Union 1108's revenue has grown by 22%, moving from $414K to $505K. Total assets decreased by 84.1% over the same period, from $461K to $73K. Total functional expenses rose by 77.7%, from $404K to $718K. In its most recent filing year (2016), Teamsters Local Union 1108 reported a deficit of $213K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $505K | $718K | $73K | $0 | — | — |
| 2015 | $617K | $546K | $253K | $0 | — | View 990 |
| 2014 | $393K | $479K | $377K | $176K | — | View 990 |
| 2013 | $419K | $411K | $471K | $176K | — | View 990 |
| 2012 | $505K | $450K | $483K | $176K | — | View 990 |
| 2011 | $414K | $404K | $461K | $191K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $505K, expenses of $718K, and assets of $73K (revenue -18.3% year-over-year).
- 2015: Revenue of $617K, expenses of $546K, and assets of $253K (revenue +57.1% year-over-year).
- 2014: Revenue of $393K, expenses of $479K, and assets of $377K (revenue -6.2% year-over-year).
- 2013: Revenue of $419K, expenses of $411K, and assets of $471K (revenue -17.1% year-over-year).
- 2012: Revenue of $505K, expenses of $450K, and assets of $483K (revenue +22.2% year-over-year).
- 2011: Revenue of $414K, expenses of $404K, and assets of $461K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teamsters Local Union 1108:
Data Sources and Methodology
This transparency report for Teamsters Local Union 1108 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.