International Brotherhood Of Teamsters Local Union No 471

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

EIN: 410411436 ✦ Minneapolis, MN ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Teamsters Local Union No 471?

International Brotherhood of Teamsters Local Union No 471, situated in Minneapolis, Minnesota, serves as a labor union aimed at uniting eligible workers and providing the benefits of unionism. Their mission is to foster the economic, moral, and social advancement of their members' conditions and status. The union educates employees, members, and officers, advocates for collective bargaining, and strives to secure better wages, hours, and working conditions. They safeguard, advance, and promote the principles of unionism, with a total of 19 employees committed to their cause.


Official website here: www.local471.com

Is International Brotherhood Of Teamsters Local Union No 471 legitimate?

International Brotherhood Of Teamsters Local Union No 471 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Teamsters Local Union No 471 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: $189,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $207,848

For more financial information, click here


Official website here: www.local471.com

What is the mission statement of International Brotherhood Of Teamsters Local Union No 471?

The International Brotherhood of Teamsters Local Union No 471's mission is centered around the organization of workers. Their primary objective is to advance the economic, moral, and social standing of all eligible workers. They strive to unite workers under the principles of unionism, providing benefits and education to employees, members, and union officers. The union also advocates for free collective bargaining, aiming to secure improved wages, hours, and working conditions. Furthermore, they safeguard and promote the union's principles, working towards protecting and preserving it. Their activities are aligned with the objectives of the International Union, focusing on safeguarding the interests of their members.


Official website here: www.local471.com

Who is the CEO of International Brotherhood Of Teamsters Local Union No 471?

Lyndon Johnson is the Secretary-Treasurer of International Brotherhood Of Teamsters Local Union No 471.


Official website here: www.local471.com

What is the revenue of International Brotherhood Of Teamsters Local Union No 471?

International Brotherhood Of Teamsters Local Union No 471's revenue in 2022 was $908,883.


Official website here: www.local471.com

Who are the executives of International Brotherhood Of Teamsters Local Union No 471 and what are their salaries?

The average compensation at International Brotherhood Of Teamsters Local Union No 471 during 2022 was $20,890. There are 19 employees at International Brotherhood Of Teamsters Local Union No 471.


Here are 7 key members and their salaries:


Lyndon Johnson (Secretary-Treasurer)
  • Compensation: $104,844
  • Related: $0
  • Other: $45,181
Jerome Bauman (President)
  • Compensation: $8,330
  • Related: $0
  • Other: $326
Rick Kalkbrenner (Vice President)
  • Compensation: $5,455
  • Related: $0
  • Other: $326
Michael Marvan (Recording Secretary)
  • Compensation: $6,284
  • Related: $0
  • Other: $326
Kevin Eide (Trustee)
  • Compensation: $6,220
  • Related: $0
  • Other: $326
Karmonn Scully (Trustee)
  • Compensation: $4,981
  • Related: $0
  • Other: $239
Adesina Adeosun (Trustee)
  • Compensation: $7,425
  • Related: $0
  • Other: $239


Official website here: www.local471.com

Where can I find the form 990 for International Brotherhood Of Teamsters Local Union No 471?

International Brotherhood Of Teamsters Local Union No 471's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.local471.com

Learn more at the official website: www.local471.com

Mission Statement of International Brotherhood Of Teamsters Local Union No 471

The International Brotherhood of Teamsters Local Union No 471 is committed to uniting all eligible workers, aiming to provide the benefits of unionism and fostering a sense of unity. Their mission is multifaceted, encompassing the education of employees, members, and union officers. They strive to safeguard, advance, and promote the principle of free collective bargaining, aiming to secure improved wages, hours, and working conditions for their members. The union's ultimate goal is to protect and preserve the union itself, while also working towards achieving the objectives of the International Union. In essence, the International Brotherhood of Teamsters Local Union No 471 is dedicated to improving the economic, moral, and social conditions of its members through collective bargaining and unionism.

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Impact




October, 2024

The International Brotherhood of Teamsters Local Union No. 471 plays a significant role in advocating for workers' rights and improving labor conditions in Minneapolis, MN. By uniting workers eligible for membership, the union fosters a strong sense of solidarity among its members, which is crucial for collective bargaining. The organization's commitment to educating employees, members, and officers empowers them to understand their rights and the importance of unionism.

Through its efforts, the union actively works to secure improved wages, better hours, and safer working conditions, directly impacting the economic well-being and job satisfaction of workers. By safeguarding and promoting the principles of free collective bargaining, Local Union No. 471 ensures that workers have a voice in negotiations with employers, facilitating fair treatment and equitable agreements.

Additionally, the union's mission to promote the moral and social advancement of its members contributes to a greater awareness of labor issues within the community, encouraging solidarity among workers and advocating for systemic change. Overall, the International Brotherhood of Teamsters Local Union No. 471 has a profound impact on enhancing the status and conditions of workers, providing a structure for organized labor in the region.




This information is meant to be a general summary of International Brotherhood Of Teamsters Local Union No 471. 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
$908,883 (2022)
Expenses
$950,555 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$50,190
  • Program Service Revenue: $958,117
  • Gross Receipts: $1,540,884

Assets and Liabilities:

  • Total Assets: $1,192,933
  • Total Liabilities: $0
  • Net Assets: $1,192,933

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Programs

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

MEMBERSHIP DUES

Revenue

$958,117

Organization Details

Founding Year

1912

Principal Officer

Lyndon Johnson

Main Address

3001 UNIVERSITY AVENUE SE, MINNEAPOLIS, MN, 55414

NTEE Category

Code: J40 - Employment

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