Teamsters Local Union No 3

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 041106557 ✦ Quincy, MA ✦ Designated as a 501(c)(5)

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Overview

What is Teamsters Local Union No 3?

Teamsters Local Union No 3 is a nonprofit organization based in Quincy, Massachusetts, with a primary mission to champion the interests and rights of workers. The union aims to foster a closer bond among its members, ensuring they receive fair wages commensurate with their efforts. By uniting efficiently skilled workers, the union also benefits employers by providing them with top-tier talent. Additionally, Teamsters Local Union No 3 seeks to strengthen social ties among its members, abolish harmful privileges, and raise the standing of their craft. Currently, the union operates with a staff of 12 individuals.

Is Teamsters Local Union No 3 legitimate?

Teamsters Local Union No 3 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Teamsters Local Union No 3 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $232,372
Professional Fundraising Fees: $0
Other Salaries and Wages: $517

For more financial information, click here

What is the mission statement of Teamsters Local Union No 3?

Teamsters Local Union No 3's mission is centered around safeguarding and advocating for the interests and rights of its members, who are primarily workers in their specific field. The union aims to foster a closer bond among its members, enabling efficient workers to secure wages commensurate with their labor. Employers also benefit from the union as it strives to provide them with the best workers available. Furthermore, the union seeks to cultivate and enhance the social connections among its members, abolish unfair privileges, and elevate the standing of their profession. Ultimately, the union aims to instill a sense of responsibility and duty among all its members.

Who is the CEO of Teamsters Local Union No 3?

Kevin Toomey is the President/Ba of Teamsters Local Union No 3.

What is the revenue of Teamsters Local Union No 3?

Teamsters Local Union No 3's revenue in 2022 was $743,960.

Who are the executives of Teamsters Local Union No 3 and what are their salaries?

The average compensation at Teamsters Local Union No 3 during 2022 was $19,407. There are 12 employees at Teamsters Local Union No 3.


Here are 8 key members and their salaries:


Stephen Sullivan (President/Ba)
  • Compensation: $100,305
  • Related: $0
  • Other: $0
Mary White (Business Age)
  • Compensation: $73,524
  • Related: $0
  • Other: $0
Kevin Toomey (Secretary Tr)
  • Compensation: $52,887
  • Related: $0
  • Other: $0
Keith Savage (Vice Preside)
  • Compensation: $2,719
  • Related: $0
  • Other: $0
Michael Callaghan (Trustee)
  • Compensation: $1,207
  • Related: $0
  • Other: $0
Sean O'Connor (Trustee)
  • Compensation: $857
  • Related: $0
  • Other: $0
James Gallagher (Recording Se)
  • Compensation: $558
  • Related: $0
  • Other: $0
Kerry Clark (Trustee)
  • Compensation: $314
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teamsters Local Union No 3?

Teamsters Local Union No 3's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Teamsters Local Union No 3

Teamsters Local Union No 3, as per its mission, is committed to fostering, safeguarding, and promoting the interests and rights of its workers. The union aims to unite its members closely, facilitating efficient workers in obtaining wages commensurate with their labor, while simultaneously enabling employers to acquire the best workforce. Furthermore, Teamsters Local Union No 3 seeks to enhance the social ties among its members, abolish detrimental privileges, and elevate the standing of its craft. Ultimately, the union seeks to bind all its members under the constraint of wholesome duty.

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Impact




October, 2024

Teamsters Local Union No. 3 significantly impacts the workforce by advocating for the rights and interests of workers in Quincy, MA. By uniting members within their craft, the union fosters a sense of solidarity and community among workers, enhancing their social ties. This collective strength enables members to negotiate for fair wages that accurately reflect their labor, ensuring that efficient workers receive appropriate compensation.

Moreover, the union acts as a bridge between employers and employees, allowing businesses to access and retain the best talent available. This partnership cultivates a more productive work environment where both parties can thrive. Additionally, Teamsters Local Union No. 3 focuses on elevating the status of their craft by abolishing harmful privileges and promoting a culture of responsibility and duty among its members.

Through these efforts, the union not only protects workers' rights but also contributes to a healthier labor market and community, ultimately enhancing the overall quality of life for workers and their families in the region.




This information is meant to be a general summary of Teamsters Local Union No 3. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$743,960 (2022)
201120122013201420152016201720182019202020212022$0$250k$500k$750k$1M
Expenses
$668,810 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Efficiency
2011201220132014201520162017201820192020202120220%9%18%27%36%45%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$2,508
  • Program Service Revenue: $714,033
  • Gross Receipts: $1,001,830

Assets and Liabilities:

  • Total Assets: $945,243
  • Total Liabilities: $152,924
  • Net Assets: $792,319

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DUES

Revenue

$468,915

MERGER PROCEEDS

Revenue

$193,604

PENSION CONTRIBUTIONS

Revenue

$34,971

CHAPEL CONTRIBUTIONS

Revenue

$6,925

REFERRAL FEES

Revenue

$5,742

Organization Details

Founding Year

1896

Principal Officer

Kevin Toomey

Main Address

1073 HANCOCK STREET STE 303, QUINCY, MA, 02169

NTEE Category

Code: J40 - Employment

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