Teamsters Union Local #2

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

9 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Collective bargaining for union benefits.

Collective bargaining, legal representation, achieving union benefits and international affiliation.

Revenue model: Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

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

Independent voting board: 33.3%; rating input score 33; 7th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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

Operating margin: -8.1%; rating input score 15; 15th percentile among comparable filings
Total-asset coverage ratio: 0.62; rating input score 22; 22nd percentile among comparable filings
Liabilities to assets ratio: 0.01; rating input score 88; 88th percentile among comparable filings
Officer compensation ratio: 19.2%; rating input score 13; 13th percentile among comparable filings

Program expense growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
Revenue growth: 3.2% per year; rating input score 100; 28th percentile among comparable filings
Asset growth: 11% per year; rating input score 100; 62nd percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 2 of 6 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $146K · 9 people listed
Highest-paid contractors: 1 contractor listed · $142K reported
Consistency: 12 of 12 current checks pass
Schedules: 2 filed schedules
Filing history: 14 filing years from 2010 to 2024
Contacts: How to reach this organization
Money network: 9 filed money-flow records
Related organizations: Filed and resolved organization relationships.
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.

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

Moderate — Accountability: Independent voting board scored 33/100.
High — Sustainability: Operating margin scored 15/100.
High — Sustainability: Total-asset coverage ratio scored 22/100.
Review — Accountability: Governance controls: Conflict-of-interest policy not reported.
High — Sustainability: Officer compensation ratio scored 13/100.