Teamsters Local Union No 348

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

EIN: 340582490 ✦ Akron, OH ✦ Designated as a 501(c)(5)

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Overview

What is Teamsters Local Union No 348?

Teamsters Local Union No 348 is a nonprofit organization situated in Akron, Ohio, with an address at 272 West Market Street. Their primary mission is to improve the working conditions, wages, and overall economic prospects for their members. They achieve this goal through organizing workers, engaging in negotiations, and conducting collective bargaining. With a team of 16 dedicated individuals, Teamsters Local Union No 348 works tirelessly to promote the well-being and fair treatment of their members in the workforce.


Official website here: www.teamsters348.org

Is Teamsters Local Union No 348 legitimate?

Teamsters Local Union No 348 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Teamsters Local Union No 348 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: $315,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,269

For more financial information, click here


Official website here: www.teamsters348.org

What is the mission statement of Teamsters Local Union No 348?

Teamsters Local Union No 348's mission is centered around organizing workers and advocating for improved wages, working hours, conditions, and other economic benefits. They achieve this objective through various means, including organizing efforts, negotiations, and collective bargaining. The union's primary goal is to enhance the overall well-being of its members by promoting better work conditions and securing economic advantages.


Official website here: www.teamsters348.org

Who is the CEO of Teamsters Local Union No 348?

Patrick J Darrow is the Sec-Treas & of Teamsters Local Union No 348.


Official website here: www.teamsters348.org

What is the revenue of Teamsters Local Union No 348?

Teamsters Local Union No 348's revenue in 2022 was $1,071,361.


Official website here: www.teamsters348.org

Who are the executives of Teamsters Local Union No 348 and what are their salaries?

The average compensation at Teamsters Local Union No 348 during 2022 was $23,107. There are 16 employees at Teamsters Local Union No 348.


Here are 7 key members and their salaries:


Patrick J Darrow (Sec-Treas &)
  • Compensation: $94,544
  • Related: $0
  • Other: $40,000
John Fahrer (President)
  • Compensation: $83,569
  • Related: $0
  • Other: $20,000
Conner Darrow (Rec. Sec.& B)
  • Compensation: $48,798
  • Related: $0
  • Other: $2,600
Craig Graham (Vice Preside)
  • Compensation: $76,725
  • Related: $0
  • Other: $0
Eric Baumberger (Trustee)
  • Compensation: $8,183
  • Related: $0
  • Other: $0
Al Kirkbride (Trustee)
  • Compensation: $2,249
  • Related: $0
  • Other: $0
Michael Latin (Trustee)
  • Compensation: $1,380
  • Related: $0
  • Other: $0


Official website here: www.teamsters348.org

Where can I find the form 990 for Teamsters Local Union No 348?

Teamsters Local Union No 348's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamsters348.org

Learn more at the official website: www.teamsters348.org

Mission Statement of Teamsters Local Union No 348

Teamsters Local Union No 348 is committed to organizing workers and striving to enhance their economic prospects. Their mission is multifaceted, encompassing efforts to improve wages, working hours, and overall work conditions for the organized workforce. This is achieved through strategic negotiations and collective bargaining. By doing so, Teamsters Local Union No 348 aims to secure various economic advantages for its members, ultimately contributing to a better quality of life for the workers they represent.

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Impact




October, 2024

Teamsters Local Union No. 348 plays a crucial role in advocating for workers' rights and enhancing their overall quality of life in Akron, Ohio. By focusing on organizing workers, the union actively strives to secure better wages, improved hours, and favorable working conditions. Through negotiations and collective bargaining, it empowers employees to have a voice in their workplaces, promoting economic advantages that contribute to both individual and community prosperity.

The union's efforts not only elevate the standards of employment but also foster solidarity among workers, encouraging them to unite for common goals. This collective strength can significantly influence local labor markets, driving improvements that extend beyond individual workplaces. Ultimately, Teamsters Local Union No. 348 serves as a vital force for economic justice and employee empowerment, making a lasting impact on the workforce in the region.




This information is meant to be a general summary of Teamsters Local Union No 348. 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
$1,071,361 (2022)
Expenses
$1,070,598 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$16,342
  • Program Service Revenue: $14,400
  • Gross Receipts: $1,163,352

Assets and Liabilities:

  • Total Assets: $826,555
  • Total Liabilities: $169,270
  • Net Assets: $657,285

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Programs

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

TEAMSTERS LOCAL 348 H&W FUND

Revenue

$14,400

Organization Details

Founding Year

1933

Principal Officer

Patrick J Darrow

Main Address

272 WEST MARKET STREET, AKRON, OH, 443032132

NTEE Category

Code: J40 - Employment

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