Overview
What is International Brotherhood Of Teamsters Local 553?
International Brotherhood of Teamsters Local 553 is a nonprofit organization situated in New York, specifically at 265 West 14th Street, 305, New York, NY 10011. The primary mission of this union is to organize employees and negotiate contracts on their behalf, covering wages, benefits, hours, and employment conditions. This is done in accordance with the laws, usages, and requirements of the International Brotherhood of Teamsters (IBT), and in the best interests of the labor movement. The union aims to improve the work life and rights of its members, ensuring fair and just working conditions. With a workforce of 18 individuals, the union is dedicated to advocating for the rights and interests of its members.
Is International Brotherhood Of Teamsters Local 553 legitimate?
International Brotherhood Of Teamsters Local 553 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Teamsters Local 553 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: $937,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $315,456
For more financial information, click here
What is the mission statement of International Brotherhood Of Teamsters Local 553?
The International Brotherhood of Teamsters Local 553's primary mission is to organize employees and negotiate contracts on their behalf. This encompasses covering wages, benefits, hours, and employment conditions in accordance with the laws, customs, and requirements of the International Brotherhood of Teamsters (IBT). The union operates with the best interests of the labor movement in mind. It aims to protect and advance the rights and interests of its members, ensuring fair and favorable working conditions.
Who is the CEO of International Brotherhood Of Teamsters Local 553?
Demos P Demopoulos is the Secretary-Treasurer of International Brotherhood Of Teamsters Local 553.
What is the revenue of International Brotherhood Of Teamsters Local 553?
International Brotherhood Of Teamsters Local 553's revenue in 2022 was $2,653,579.
Who are the executives of International Brotherhood Of Teamsters Local 553 and what are their salaries?
The average compensation at International Brotherhood Of Teamsters Local 553 during 2022 was $69,595. There are 18 employees at International Brotherhood Of Teamsters Local 553.
Here are 7 key members and their salaries:
- Compensation: $190,489
- Related: $0
- Other: $49,391
- Compensation: $152,273
- Related: $0
- Other: $51,047
- Compensation: $129,116
- Related: $0
- Other: $49,391
- Compensation: $11,698
- Related: $0
- Other: $0
- Compensation: $148,016
- Related: $0
- Other: $49,199
- Compensation: $11,600
- Related: $0
- Other: $0
- Compensation: $70,262
- Related: $0
- Other: $24,772
Where can I find the form 990 for International Brotherhood Of Teamsters Local 553?
International Brotherhood Of Teamsters Local 553's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Brotherhood Of Teamsters Local 553
The International Brotherhood of Teamsters Local 553 is dedicated to fulfilling its primary mission. This mission involves organizing employees and negotiating contracts on their behalf, ensuring that the agreements cover essential aspects such as wages, benefits, working hours, and employment conditions. The union adheres to the laws, customs, and requirements set by the International Brotherhood of Teamsters (IBT), always acting in the best interests of the labor movement. By doing so, the International Brotherhood of Teamsters Local 553 strives to improve the lives of its members and contribute positively to the broader labor movement.
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Impact
October, 2024
The International Brotherhood of Teamsters Local 553 plays a significant role in advocating for workers’ rights and improving employment conditions in New York. By organizing employees and negotiating contracts, the union ensures that workers have a voice in determining their wages, benefits, hours, and overall working conditions.
Through collective bargaining, Local 553 aims to secure fair compensation and favorable conditions for its members, reflecting the best interests of the labor movement. This not only empowers employees but also contributes to the establishment of standards that can benefit the wider workforce. By protecting workers' rights and promoting fair labor practices, the union enhances the economic stability of the communities it serves while fostering a culture of solidarity among workers in various industries.
This information is meant to be a general summary of International Brotherhood Of Teamsters Local 553. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,746
- Program Service Revenue: $2,084,155
- Gross Receipts: $2,841,900
Assets and Liabilities:
- Total Assets: $1,299,704
- Total Liabilities: $0
- Net Assets: $1,299,704
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,915,003
INITIATION FEES
Revenue
$98,311
ASSESSMENTS
Revenue
$70,841
Organization Details
Founding Year
1907
Phone
(212) 929-6828Principal Officer
Demos P Demopoulos
Main Address
265 WEST 14TH STREET 305, NEW YORK, NY, 10011
NTEE Category
Code: J40 - Employment
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