Overview
What is Intl Brotherhood Of Teamsters Local Union 507?
Intl Brotherhood of Teamsters Local Union 507, located in Cleveland, Ohio, is a dedicated nonprofit organization with a mission to improve the working conditions, wages, and economic benefits for all workers. Established at 5425 Warner Rd, they strive to achieve these goals through collective bargaining, negotiation, and organization. With a team of 51 employees, this union works tirelessly to advance the rights and well-being of its members, ensuring they receive the best possible working conditions and financial advantages.
Is Intl Brotherhood Of Teamsters Local Union 507 legitimate?
Intl Brotherhood Of Teamsters Local Union 507 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Intl Brotherhood Of Teamsters Local Union 507 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: $544,775
Professional Fundraising Fees: $0
Other Salaries and Wages: $450,773
For more financial information, click here
What is the mission statement of Intl Brotherhood Of Teamsters Local Union 507?
The International Brotherhood of Teamsters Local Union 507's mission is centered around organizing workers to enhance their economic benefits. This is achieved through various means, including negotiations and collective bargaining. The primary goal is to improve wages, working hours, and overall work conditions for these workers. The union strives to secure additional economic advantages for its members, further enhancing their livelihoods and quality of life.
Who is the CEO of Intl Brotherhood Of Teamsters Local Union 507?
Carl Pecoraro is the Secy-Treas of Intl Brotherhood Of Teamsters Local Union 507.
What is the revenue of Intl Brotherhood Of Teamsters Local Union 507?
Intl Brotherhood Of Teamsters Local Union 507's revenue in 2022 was $2,282,228.
Who are the executives of Intl Brotherhood Of Teamsters Local Union 507 and what are their salaries?
The average compensation at Intl Brotherhood Of Teamsters Local Union 507 during 2022 was $19,521. There are 51 employees at Intl Brotherhood Of Teamsters Local Union 507.
Here are 7 key members and their salaries:
- Compensation: $169,648
- Related: $0
- Other: $40,070
- Compensation: $115,685
- Related: $0
- Other: $38,288
- Compensation: $84,175
- Related: $0
- Other: $37,318
- Compensation: $37,325
- Related: $0
- Other: $15,073
- Compensation: $2,864
- Related: $0
- Other: $0
- Compensation: $2,529
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
Where can I find the form 990 for Intl Brotherhood Of Teamsters Local Union 507?
Intl Brotherhood Of Teamsters Local Union 507's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Intl Brotherhood Of Teamsters Local Union 507
The International Brotherhood of Teamsters Local Union 507 is dedicated to a mission that aims to improve the lives of all workers. This nonprofit organization strives to achieve this goal by organizing individuals in the workforce, engaging in negotiations, and employing collective bargaining as a strategic tool. By doing so, they seek to secure better wages, more favorable working hours, and enhanced working conditions for their members. Ultimately, their mission is to provide workers with various economic advantages that contribute to an improved quality of life.
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Impact
October, 2024
The Intl Brotherhood of Teamsters Local Union 507 plays a crucial role in advocating for workers' rights in Cleveland, Ohio. By organizing workers, the union aims to secure improved wages, better working conditions, and enhanced benefits through collective negotiation and bargaining. This proactive approach not only empowers individual workers but also strengthens the collective voice of labor in the community. The union’s initiatives contribute significantly to economic advantages for its members, fostering greater job security and overall workplace satisfaction. Through its activities, Local Union 507 helps to elevate the standard of living for workers, ensuring they have a fair stake in their employment conditions.
This information is meant to be a general summary of Intl Brotherhood Of Teamsters Local Union 507. 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: -$146,241
- Program Service Revenue: $2,428,469
- Gross Receipts: $2,282,228
Assets and Liabilities:
- Total Assets: $1,881,697
- Total Liabilities: $0
- Net Assets: $1,881,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dues, fees assessments
Revenue
$2,384,726
Refunds, reimbursents, overpayments, etc.
Revenue
$43,743
Organization Details
Founding Year
1968
Phone
(216) 328-0111Principal Officer
Carl Pecoraro
Main Address
5425 WARNER RD, CLEVELAND, OH, 441251147
NTEE Category
Code: J40 - Employment
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