International Brotherhood Of Teamsters, Local 550 in New Hyde Park, New York (NY)

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International Brotherhood Of Teamsters, Local 550
Employer Identification Number (EIN)135505411
Name of OrganizationInternational Brotherhood Of Teamsters
Secondary NameLocal 550
Address6 Tuxedo Ave, New Hyde Park, NY 11040-3519
ActivitiesForeign organization
SubsectionLabor Organization
Ruling Date06/1944
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$25,000 to $99,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$64,819
Amount of Income$514,597
Form 990 Revenue Amount$501,809


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$550,195
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$526,304
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,459
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$12,109
Gross amount from sales of assets other than inventory (Securities / Other)$95,872 / $0
Less: cost or other basis and sales expenses (Securities / Other)$83,763 / $0
Gain or (loss) (Securities / Other)$12,109 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$10,323
Statement of Functional Expenses (for 2011)
Total functional expenses$645,347
Compensation of current officers, directors, trustees, and key employees$365,860
Other salaries and wages$372
Payroll taxes$24,496
Professional fundraising services$0
Other$254,619
Balance Sheet (for 2011)
Total assets$67,780
Total liabilities$728
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$728
Total net assets or fund balances$67,052
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralInternational Brotherhood Of Teamsters, Tcwh25 Louisiana Ave Nw, Washington, DC 20001-2130DC1941-02$266,189,684
SubordinateInternational Brthrhd Of Teamsters Local 237 Retirees Benefit Fund216 W 14th St, New York, NY 10011-7201NY1989-12$43,715,468
SubordinateInternational Brotherhood Of Teamsters, 237 City Employees Union Local216 W 14th St, New York, NY 10011-7201NY1941-02$15,251,308
SubordinateInternational Brotherhood Of Teamsters, 705 Tcwh Local1645 W Jackson Blve, Chicago, IL 60612-3276IL1969-05$10,543,298
SubordinateInternational Brotherhood Of Teamsters, 455 Local10 Lakeside Ln Ste 3a, Denver, CO 80212-7430CO1966-05$10,328,394
SubordinateInternational Brotherhood Of Teamsters, 986 Tcwh1198 Durfee Ave, S El Monte, CA 91733-4412CA1941-02$10,312,508
SubordinateInternational Brotherhood Of Teamsters, Local Union 7109000 187th St, Mokena, IL 60448-7700IL1941-02$9,753,182
SubordinateInternational Brotherhood Of Teamsters, 135 Local1233 Shelby St, Indianapolis, IN 46203-1942IN1941-02$8,601,354
SubordinateInternational Brotherhood Of Teamsters, 572 Tcwh450 Carson Plaza Dr, Carson, CA 90746-3227CA1941-02$5,807,797
SubordinateGeneral Truck Drivers Office Food And Warehouse Local 952, 952 Tcwh140 S Marks Way, Orange, CA 92868-2612CA1948-02$5,764,918
SubordinateInternational Brotherhood Of Teamsters, 996 Hi Teamsters & Allied Wrk Union1817 Hart St, Honolulu, HI 96819-3205HI1941-02$5,375,733
SubordinateInternational Brotherhood Of Teamsters, 150 Tcwh7120 East Pkwy, Sacramento, CA 95823-2503CA1941-02$5,368,326
SubordinateInternational Brotherhood Of Teamsters, 769 Tcwh12365 W Dixie Hwy, North Miami, FL 33161-5428FL1966-05$4,854,001
SubordinateInternational Brotherhood Of Teamsters, 174 Tcwh14675 Interurban Ave S Ste 303, Tukwila, WA 98168-4614WA1944-06$4,836,573
SubordinateInternational Brotherhood Of Teamsters, 743 Local Employees UnionOne W Monroe St 3rd Fl, Chicago, IL 60603-5301IL1941-12$4,720,732
SubordinateInternational Brotherhood Of Tmstrs, 456 Tcwh160 South Central Ave, Elmsford, NY 10523-3521NY1941-02$4,459,670
SubordinateInternational Brotherhood Of Teamsters, Local No 630750 Stanford Ave, Los Angeles, CA 90021-1416CA1941-02$4,365,914
SubordinateInternational Brotherhood Of Teamster, 41 Tcwh4501 Emanuel Cleaver Ii Blvd, Kansas City, MO 64130-2368MO1966-05$3,986,870
SubordinateInternational Brotherhood Of Teamsters, 97 Teamsters Industrial And Allied485 Chestnut St, Union, NJ 07083-9307NJ1941-02$3,709,594
SubordinateInternational Brotherhood Of Teamsters, 238 Tcwh Local5000 J St Sw, Cedar Rapids, IA 52404-4915IA1941-02$3,559,635
Number of affiliated organizations
Alaska2
Alabama4
Arkansas4
Arizona4
California64
Colorado5
Connecticut15
District of Columbia10
Delaware1
Florida12
Georgia5
Hawaii2
Iowa8
Idaho2
Illinois44
Indiana16
Kansas4
Kentucky10
Louisiana5
Massachusetts16
Maryland13
Maine2
Michigan28
Minnesota15
Missouri30
Mississippi6
Montana5
North Carolina7
North Dakota2
Nebraska2
New Hampshire4
New Jersey26
New Mexico1
Nevada6
New York62
Ohio54
Oklahoma4
Oregon10
Pennsylvania58
Rhode Island2
South Carolina3
South Dakota1
Tennessee13
Texas13
Utah2
Virginia13
Vermont2
Washington18
Wisconsin16
West Virginia4
International1
Total656

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