Overview
What is Teamsters Local Union No 722?
Teamsters Local Union No 722 is a nonprofit organization situated in La Salle, Illinois. Their primary mission is to advocate for and improve the working conditions, wages, and overall economic benefits for their members. By leveraging collective bargaining, they aim to negotiate favorable terms on behalf of their workers. The union's reach is limited to a specific group, as indicated by the name "Local Union." The organization has a small team of 11 employees dedicated to carrying out this mission.
Is Teamsters Local Union No 722 legitimate?
Teamsters Local Union No 722 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Teamsters Local Union No 722 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: $455,013
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,275
For more financial information, click here
What is the mission statement of Teamsters Local Union No 722?
Teamsters Local Union No 722's mission is centered around organizing workers and striving to improve their economic conditions. This is achieved through collective bargaining, enabling workers to secure better wages, working hours, and overall working conditions. The union's activities involve organizing workers and engaging in negotiations to secure these economic advantages. They aim to enhance the livelihoods of their members by leveraging the power of collective bargaining.
Who is the CEO of Teamsters Local Union No 722?
Shawn Dowd is the Vice President of Teamsters Local Union No 722.
What is the revenue of Teamsters Local Union No 722?
Teamsters Local Union No 722's revenue in 2022 was $982,935.
Who are the executives of Teamsters Local Union No 722 and what are their salaries?
The average compensation at Teamsters Local Union No 722 during 2022 was $47,844. There are 11 employees at Teamsters Local Union No 722.
Here are 7 key members and their salaries:
- Compensation: $4,100
- Related: $0
- Other: $0
- Compensation: $4,100
- Related: $0
- Other: $0
- Compensation: $123,223
- Related: $0
- Other: $41,966
- Compensation: $4,100
- Related: $0
- Other: $0
- Compensation: $118,613
- Related: $0
- Other: $41,966
- Compensation: $4,100
- Related: $0
- Other: $0
- Compensation: $83,417
- Related: $0
- Other: $29,881
Where can I find the form 990 for Teamsters Local Union No 722?
Teamsters Local Union No 722's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teamsters Local Union No 722
Teamsters Local Union No 722, as a union, is dedicated to organizing workers and striving to enhance their financial and working conditions. This is accomplished through collective bargaining, a process that involves negotiating agreements between the union and employers to secure improved wages, work hours, and working conditions for its members. The union's program is centered around organizing workers and using this collective strength to secure economic advantages for its members. By engaging in organization, negotiations, and collective bargaining, Teamsters Local Union No 722 aims to significantly improve the lives of its members.
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Impact
October, 2024
Teamsters Local Union No. 722 plays a significant role in advocating for workers' rights and improving the conditions in which they labor. By organizing workers and engaging in collective bargaining, the union strives to secure better wages, reasonable hours, and improved working conditions for its members. This collective action empowers workers to negotiate more effectively with employers, leading to enhanced economic advantages and job security. The union's focus on organization and negotiation not only benefits individual workers but also contributes to broader economic stability in the community, fostering a more equitable workplace environment. In La Salle, IL, the union's efforts are vital in elevating the standards of employment and ensuring that workers have a voice in the decisions that affect their lives.
This information is meant to be a general summary of Teamsters Local Union No 722. 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.
- Program Service Revenue: $982,088
- Gross Receipts: $982,935
Assets and Liabilities:
- Total Assets: $187,450
- Total Liabilities: $211,997
- Net Assets: -$24,547
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$940,818
INITIATION FEES
Revenue
$21,070
ASSESSMENTS
Revenue
$20,200
Organization Details
Founding Year
1956
Phone
(815) 224-2670Principal Officer
Shawn Dowd
Main Address
344 CIVIC ROAD, LA SALLE, IL, 61301
NTEE Category
Code: J40 - Employment
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