Intl Brotherhood of Teamsters Local 402

Nonprofit profile at a glance

EIN
630040237
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Muscle Shoals, AL, USA
Phone
2563832006
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$851,325
Expenses
$809,178
Assets
$472,610
Liabilities
$6,651

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • OTIS G WILLIAMS (PRESIDENT)
  • PHILLIP HILL (VICE-PRESIDENT)

Highest reported compensation

  • JOSEPH P GRONEK (FINANCIAL SECRETARY): $126,272 total reported compensation
  • OTIS G WILLIAMS (PRESIDENT): $85,270 total reported compensation
  • DONNIE HELUMS (TRUSTEE): $2,160 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide representation for organized members engaged in transportation and warehousing concerning matters of wages, contract negotiation, grievances, etc.

What it reported doing in 2025

Providing meeting facilities for organized labor members engaged in transportation and warehousing. Also providing representation through a business agent in areas of compensation, hiring and firing practices, the filing of grievances, working conditions and benwfits.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Accountability: 86
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.1%; rating input score 94
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 27.1%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 19.5% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 94.1% of revenue deployed · 100% of spending went to programs
  • Governance: 7 of 7 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $809K in reported program spending
  • Leadership: top reported pay $126K · 7 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.