STRATEGY STUDIO / PUBLIC DATA EXPLORER

INTERNATIONAL BROTHERHOOD OF TEAMSTERS: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
INTERNATIONAL BROTHERHOOD OF TEAMSTERS (EIN 01-0095740)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-06-06
IRS object ID
201921579349300437
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-06-06T13:26:32-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390758449PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WIPFLI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line143 CONSTITUTION DRIVE SUITE 100AddressLine1Txt
CityBEDFORDCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010095740EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRUCK DRIVERS WAREHOUSEMEN AND HELPERSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTRUCBusinessNameControlTxt
Phone2077672106PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 MAIN STREETAddressLine1Txt
CitySOUTH PORTLANDCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04106ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRETT MILLERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2077672106PhoneNum
Signature2019-06-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLANCE R TURGEONPreparerPersonNm
PTINP00627708PTIN
Phone6036273838PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.191.245.81IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-06-06IPDt
IP Tm14:05:40IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id886A6DF58CD074CFD3959964629CFA0040FA7756AtSubmissionCreationDeviceId
At Submission Filing Device Id9F261D0444F920F6108E5846466AD39D55A68AECAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1LOCAL UNION NO 340BusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerBRETT MILLERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 MAIN STREETAddressLine1Txt
CitySOUTH PORTLANDCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04106ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,156,194GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.TEAMSTERSLOCAL340.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1937FormationYr
Legal Domicile StateMELegalDomicileStateCd
Activity Or MissionLABOR UNIONActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee33TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$4,474TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$2,384,847PYProgramServiceRevenueAmt
CY Program Service Revenue$2,413,915CYProgramServiceRevenueAmt
PY Investment Income-$3,071PYInvestmentIncomeAmt
CY Investment Income$578,655CYInvestmentIncomeAmt
PY Other Revenue$11,199PYOtherRevenueAmt
CY Other Revenue$20,584CYOtherRevenueAmt
PY Total Revenue$2,392,975PYTotalRevenueAmt
CY Total Revenue$3,013,154CYTotalRevenueAmt
PY Grants And Similar Paid$7,706PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$11,714CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,205,249PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,212,429CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,063,378PYOtherExpensesAmt
CY Other Expenses$1,180,151CYOtherExpensesAmt
PY Total Expenses$2,276,333PYTotalExpensesAmt
CY Total Expenses$2,404,294CYTotalExpensesAmt
PY Revenues Less Expenses$116,642PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$608,860CYRevenuesLessExpensesAmt
Total Assets BOY$500,150TotalAssetsBOYAmt
Total Assets EOY$1,583,360TotalAssetsEOYAmt
Total Liabilities BOY$47,506TotalLiabilitiesBOYAmt
Total Liabilities EOY$521,856TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$452,644NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,061,504NetAssetsOrFundBalancesEOYAmt
MissionTO UNITE INTO ONE LABOR ORGANIZATION, ALL WORKERS ELIGIBLE FOR MEMBERSHIP, TO ALLOW THE ORGANIZATION TO NEGOTIATE CONTRACTS, ARBITRATE CASES AND CONDUCT ALL OTHER NECESSARY ACTIVITIES TO ENSURE PROPER WORKING CONDITIONS AND ECONOMIC ADVANTAGES FOR ITS MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,404,294ExpenseAmt
Revenue$2,430,025RevenueAmt
DescLOCAL 340 REPRESENTS APPROXIMATELY 3,700 WORKERS IN MAINE IN NEGOTIATING WAGES, BENEFITS, AND WORKING CONDITIONS THROUGH COLLECTIVE BARGAINING AGREEMENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescTHE LOCAL'S ONLY PROGRAM IS LISTED IN 4A.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,404,294TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document63IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee33EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MR LORNE SMITHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2077672106PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line127 MAIN STREETAddressLine1Txt
CitySOUTH PORTLANDCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04106ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
BRETT MILLER
PRESIDENT & BUSINESS AGENT50.00Yes (X)Yes (X)$111,331$0$49,744
LORNE SMITH
SECRETARY TREASURER50.00Yes (X)Yes (X)$107,061$0$49,547
RAYMOND COTE THROUGH 11302018
RECORDING SECRETARY & BUSINESS AGENT50.00Yes (X)Yes (X)$93,151$0$49,426
ROLAND HODGES
TRUSTEE1.00Yes (X)$2,750$0$0
WILLIAM SLOCOMB
TRUSTEE/VICE PRESIDENT1.00Yes (X)Yes (X)$2,750$0$0
ROD WATSON
TRUSTEE1.00Yes (X)$2,750$0$0
TIM WING
TRUSTEE1.00Yes (X)$2,750$0$0
EDMUND MARZANO
RECORDING SECRETARY & BUSI50.00Yes (X)Yes (X)$99,284$0$49,355
JOSEPH PICCONE
BUSINESS AGENT50.00$100,761$0$49,355Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$522,588TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$247,427TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DUES AND ASDesc
Business900099BusinessCd
Total Revenue Column$2,413,915TotalRevenueColumnAmt
Related Or Exempt Func Income$2,413,915RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,413,915TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$74TotalRevenueColumnAmt
Exclusion$74ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$720,934OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$142,353OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$578,581OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$578,581TotalRevenueColumnAmt
Exclusion$578,581ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$687GrossSalesOfInventoryAmt
Cost Of Goods Sold$687CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
REIMBURSEMENTS OTHER900099$16,110$16,110
RENT OTHER531120$4,474$4,474
FieldValueIRS element (for citing)
Other Revenue Total$20,584OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,013,154TotalRevenueColumnAmt
Related Or Exempt Func Income$2,430,025RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$4,474UnrelatedBusinessRevenueAmt
Exclusion$578,655ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$11,714TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$619,902TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$310,177TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$104,406TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$119,292TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$58,652TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$26,498TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,300TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$93,520TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$9,931TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$62,705TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$114,374TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$102,685TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$12,001TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$24,538TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$530,016TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$93,962TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$14,559TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
OTHER EXPENSES$44,944
EQUIPMENT RENTAL AND MA$42,118

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,404,294TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$289,055BOYAmt
EOY$322,872EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,542,282LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$282,714LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$200,175BOYAmt
EOY$1,259,568EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,920BOYAmt
EOY$920EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$500,150BOYAmt
EOY$1,583,360EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$42,979BOYAmt
EOY$521,856EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,527BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$47,506BOYAmt
EOY$521,856EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$452,644BOYAmt
EOY$1,061,504EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$452,644BOYAmt
EOY$1,061,504EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$500,150BOYAmt
EOY$1,583,360EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$608,860ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$337,607OtherCostOrOtherBasisAmt
Book Value$337,607BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$811,943OtherCostOrOtherBasisAmt
Depreciation$25,842DepreciationAmt
Book Value$786,101BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$210,828OtherCostOrOtherBasisAmt
Depreciation$210,198DepreciationAmt
Book Value$630BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$181,904OtherCostOrOtherBasisAmt
Depreciation$46,674DepreciationAmt
Book Value$135,230BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,259,568TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$3,013,841TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$3,013,841RevenueSubtotalAmt
Other Revenues Not Included-$687OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$687RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,013,154TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,404,981TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,404,981ExpensesSubtotalAmt
Other Expenses Not Included-$687OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt-$687ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,404,294TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:REVENUE CLASSIFICATION ADJUSTMENTS
PART XII, LINE 4B - OTHER ADJUSTMENTS:EXPENSE CLASSIFICATION ADJUSTMENTS

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRETT MILLER
PRESIDENT & BUSINESS AGENT$111,331$0$0$0$0$0$27,908$0$21,836$0$161,075$0$0$0
LORNE SMITH
SECRETARY TREASURER$107,061$0$0$0$0$0$27,711$0$21,836$0$156,608$0$0$0
JOSEPH PICCONE
BUSINESS AGENT$100,761$0$0$0$0$0$27,519$0$21,836$0$150,116$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS APPROXIMATELY 3,700 MEMEBERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS OF THE ORGANIZATION VOTE TO ELECT ALL MEMBERS OF THE GOVERNING BOARD.
FORM 990, PART VI, SECTION A, LINE 7BTHE DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS OF THE ORGANIZATION INCLUDE: THE CREATION AND TERMINATION OF DEEDS, MORTGAGES, TRUST AGREEMENTS AND NEGOTIABLE INSTRUMENTS, THE SALE OR PURCHASE OF REAL ESTATE OR OTHER PROPERTY IN EXCESS OF $10,000, THE DISBURSEMENT OF REASONABLE AMOUNTS, NOT TO EXCEED, $2,500 FOR CHARITABLE ACTIVITIES. WHILE NOT ALL DECISIONS OF THE GOVERNING BOARD ARE SUBJECT TO THE APPROVAL BY THE MEMBERS THE BY-LAWS ARE APPROVED AND VOTED ON BY THE MEMBERSHIP AND ALL FINANCIAL STATEMENTS ARE REVEIWED MONTHLY AT REGULAR BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE PRESIDENT AND THE SECRETARY/TREASURER OF THE LOCAL. A COPY OF THE 990 IS ALSO CIRCULATED TO THE EXECUTIVE BOARD.
FORM 990, PART VI, SECTION B, LINE 15ALL OFFICERS ARE SELECTED TO THEIR RESPECTIVE POSITIONS BY THE GENERAL MEMBERSHIP OF THE TEAMSTERS LOCAL NO. 340. THESE GENERAL ELECTIONS ARE HELD EVERY THREE YEARS UNLESS A SPECIAL ELECTION IS AGREED TO BY THE GENERAL MEMBERSHIP. THE COMPENSATION OF EACH OFFICER AND BUSINESS AGENT IS DETERMINED BY THE BY-LAWS OF THE LOCAL AND NOT BY ANY ONE INDIVIDUAL.
FORM 990, PART VI, SECTION C, LINE 19THE EXECUTIVE BOARD OF TEAMSTERS LOCAL UNION NO. 340 MEETS ON A MONTHLY BASIS TO REVIEW THE FINANCIAL ACTIVITY OF THE LOCAL UNION AND TO DISCUSS MATTERS RELATIVE TO THE GENERAL MEMBERSHIP. THE SECRETARY/TREASURER REPORTS TO THE GENERAL MEMBERSHIP OF THE LOCAL UNION ON A REGULAR BASIS THE FINANCIAL STATUS OF THE LOCAL UNION AS REQUIRED BY THE LOCAL UNION'S BY-LAWS AND THE INTERNATIONAL BROTHERHOOD OF TEAMSTERS INTERNATIONAL CONSTITUTION. THE LOCAL UNION MAKES AVAILABLE TO ITS GENERAL MEMBERSHIP, UPON REQUEST FOR REVIEW, ANY GOVERNING DOCUMENT OR POLICY AS REQUIRED BY ITS BY-LAWS, THE U.S. DEPARTMENT OF LABOR AND THE INTERNAL REVENUE SERVICE.