Overview

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Est.

1903

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The International Brotherhood of Teamsters Local 705 is a nonprofit organization focused on organized labor, with a mission to engage in worker organization and provide services aimed at securing better wages, hours, and working conditions through collective bargaining. Operating with a budget of $14.9 million and generating total revenue of $17 million in 2024, the organization also participates in various cultural, civic, and educational activities to support its members. For more information, visit their website at www.teamsterslocal705.org.

Mission Statement

THE OBJECTIVE OF THIS LOCAL UNION IS TO ENGAGE IN ORGANIZING WORKERS AND TO PROVIDE SERVICES TO THOSE WHO ARE ORGANIZED; TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS AND COLLECTIVE BARGAINING; TO ENGAGE IN CULTURAL, CIVIC, LEGISLATIVE, POLITICAL, FRATERNAL, EDUCATIONAL, CHARITABLE, WELFARE, SOCIAL AND OTHER ACTIVITIES WHICH FURTHER THE INTERESTS OF THE ORGANIZATION AND ITS MEMBERSHIP, DIRECTLY OR INDIRECTLY.
Revenues
$17M
Expenses
$15.8M
Net Income:
+$1.2M
Assets
$42.3M
Liabilities
$1.2M
Net Assets:
+$41.1M
Operating Budget
$14.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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K
Kenneth Emanuelson
Board Member
S
Scott Rein
Board Member
E
Eddie Vallejo
Board Member

Frequently Asked Questions

What is INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 705’s budget?
In 2024, INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 705 reported an annual operating budget of around $14.9 million. More detailed financial information is available to registered users.
What causes does INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 705 support?
INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 705 supports work in Organized labor.
Where does INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 705 operate?
INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 705 is headquartered in Chicago, IL.