International Brotherhood Of Teamsters Local 731 Union

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

EIN: 361053335 ✦ Burr ridge, IL ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Teamsters Local 731 Union?

The International Brotherhood of Teamsters Local 731 Union, situated in Burr Ridge, Illinois, is a nonprofit organization dedicated to improving the economic, moral, and social conditions of its members. With a team of 21 individuals, this labor union aims to advocate for and advance the well-being of all workers. Their mission is to unite and empower employees, fostering a sense of community and promoting collective improvement in their livelihoods. The union's headquarters can be found at 1000 Burr Ridge Parkway, Burr Ridge, IL 60527.

Is International Brotherhood Of Teamsters Local 731 Union legitimate?

International Brotherhood Of Teamsters Local 731 Union is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Teamsters Local 731 Union 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: $1,683,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $701,039

For more financial information, click here

What is the mission statement of International Brotherhood Of Teamsters Local 731 Union?

The International Brotherhood of Teamsters Local 731 Union serves as a labor organization, with a mission to enhance the economic, moral, and social conditions of all its members. Its primary goal is to advance the well-being and status of its workers. This is accomplished through organizing all workers within its purview, striving for their collective betterment. The union does not provide specific details about the methods or initiatives it employs to achieve this mission, but its purpose is clear: to improve the lives of its members.

Who is the CEO of International Brotherhood Of Teamsters Local 731 Union?

Pat Darrow is the Pres Avg Hours Combined of International Brotherhood Of Teamsters Local 731 Union.

What is the revenue of International Brotherhood Of Teamsters Local 731 Union?

International Brotherhood Of Teamsters Local 731 Union's revenue in 2022 was $5,770,312.

Who are the executives of International Brotherhood Of Teamsters Local 731 Union and what are their salaries?

The average compensation at International Brotherhood Of Teamsters Local 731 Union during 2022 was $113,556. There are 21 employees at International Brotherhood Of Teamsters Local 731 Union.


Here are 10 key members and their salaries:


Terrence J Hancock (Pres Avg Hours Combined)
  • Compensation: $349,734
  • Related: $4,043
  • Other: $78,272
John Lisner (Secretary Treasurer)
  • Compensation: $327,291
  • Related: $0
  • Other: $78,272
Dale Bolt (Recording Sec'Y)
  • Compensation: $262,199
  • Related: $0
  • Other: $68,534
Daniel Coan (Former Trustee/Business Ag)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Browne (Former Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Thiede (Vice President)
  • Compensation: $143,417
  • Related: $0
  • Other: $40,407
Michael Corrigan (Trustee/Business Agent)
  • Compensation: $137,350
  • Related: $0
  • Other: $14,739
Anuel Adams (Trustee/Business Agent)
  • Compensation: $93,253
  • Related: $0
  • Other: $24,178
William Kimball (Trustee/Business Agent)
  • Compensation: $60,012
  • Related: $0
  • Other: $18,032
Roberta Lester (Office Manager/Bookkeeper)
  • Compensation: $102,487
  • Related: $0
  • Other: $63,705
Where can I find the form 990 for International Brotherhood Of Teamsters Local 731 Union?

International Brotherhood Of Teamsters Local 731 Union's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of International Brotherhood Of Teamsters Local 731 Union

The International Brotherhood of Teamsters Local 731 Union, as a labor organization, is established with a mission to uplift and advance the economic, moral, and social condition and status of all workers. This union aims to organize all workers, providing them with the necessary support and resources to enhance their livelihoods and improve their overall well-being. The International Brotherhood of Teamsters Local 731 Union serves as a catalyst for positive change, advocating for the rights and interests of its members, ensuring they have a voice in their workplace and in the broader society.

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Impact




October, 2024

The International Brotherhood of Teamsters Local 731 Union plays a vital role in advocating for the rights and welfare of workers in Burr Ridge, IL, and surrounding areas. By uniting workers, the union aims to improve their economic, moral, and social conditions, ensuring they receive fair wages, benefits, and safe working environments. Through collective bargaining and negotiation, Local 731 empowers its members to advocate for better labor practices and job security.

The union fosters solidarity among workers, creating a strong support network that enables individuals to address workplace grievances more effectively. Additionally, it takes an active role in community engagement and education, informing members about their rights and opportunities for advancement. Overall, Local 731's commitment to organizing workers enhances their status and promotes a fairer, more equitable work environment.




This information is meant to be a general summary of International Brotherhood Of Teamsters Local 731 Union. 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
$5,770,312 (2022)
Expenses
$5,612,015 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $225,739
  • Program Service Revenue: $5,329,085
  • Gross Receipts: $6,219,247

Assets and Liabilities:

  • Total Assets: $5,427,323
  • Total Liabilities: $66,950
  • Net Assets: $5,360,373

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Programs

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

MEMBERSHIP DUES

Revenue

$4,901,211

ASSESSMENTS

Revenue

$264,950

INITIATIONS

Revenue

$162,924

Organization Details

Founding Year

1933

Principal Officer

Pat Darrow

Main Address

1000 BURR RIDGE PARKWAY, BURR RIDGE, IL, 60527

NTEE Category

Code: J40 - Employment

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