Minnesota Teamsters Service Bureau
Nonprofit profile at a glance
- EIN
- 411513000
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Minneapolis, MN, USA
- Phone
- 6126763700
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $1,175,498
- Expenses
- $1,127,590
- Assets
- $951,712
- Liabilities
- $324,340
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- TOM ERICKSON (BOARD PRESIDENT)
- KERRY-ANN SAMUDA (EXECUTIVE DIRECTOR)
Highest reported compensation
- KERRY-ANN SAMUDA (EXECUTIVE DIRECTOR): $117,518 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Minnesota teamsters service bureau is twofold; (1) to assist in raising the quality of life of the teamsters union membership through development of a supportive atmosphere in which members feel comfortable in asking for assistance to address developing or existing problems in their lives and (2) administering grants from the Minnesota department of employment and economic development, and other agencies, to provide services to dislocated and incumbent workers.
What it reported doing in 2024
The family services program provides employee assistance services to 33,000 members of participating union locals within teamsters joint council 32. Free confidential services to this group include: outreach and information regarding available services; advocacy, case management, referral and follow up services; emergency financial assistance, and financial and legal counseling; as well as subcontracted professionally trained staff covering mental health relationship, and chemical dependency issues. In addition, family services provides information, referrals, and screening for financial assistance to participants in our dislocated worker program. A total of 298 individuals were served in 2024 through the family services program.
Operating model
- Revenue model
- Grant-funded. 68% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 99% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 40
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.4%; rating input score 88
- Program expense ratio: 92%; rating input score 92
- 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: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.1%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 10.4%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: -3% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 5.2% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 88.4% of revenue deployed · 92% of spending went to programs
- Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1M in reported program spending
- Leadership: top reported pay $118K · 11 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.