INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 414 (EIN 350415525) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1941

Principal Officer

GEORGE GERDES

Phone

2604837159

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 414, founded in 1941, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024.

Mission

TO UNITE INTO ONE LABOR ORGANZIATION ALL WORKS ELIGIBLE FOR MEMBERSHIP, REGARDLESS OF RELIGION, RACE, CREED, COLOR, NATIONAL ORIGIN, AGE, PHYSICAL DISABILITY OR SEX. TO ENGAGE IN ORGANIZING WORKERS AND TO PROVIDE UNIONISM TO ALL WORKERS AND TO PROTECT AND PRESERVE BENEFITS OBTAINED FOR MEMBERS OF THIS ORGANIZATION. TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,843

Program Service Revenue $1,536,963

Investment Income $43,101

Other Revenue $9,881

TOTAL REVENUE $1,595,788

Expense Breakdown

Grants Paid $29,758

Salaries & Benefits $985,802

Fundraising Expenses $0

Other Expenses $654,780

TOTAL EXPENSES $1,670,340

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,595,788	$1,514,250	+0.1%
Expenses	$1,670,340	$1,478,128	+0.1%
Net Income	$-74,552	$36,122	-3.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$350,040

Total Directors

$364,440

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE GERDES	SECRETARY/TR	40.00	Officer Director	$94,400	$0	$94,400
EHREN GERDES	PRESIDENT	40.00	Officer Director	$89,200	$0	$89,200
ROBERT DEITERING	PRIOR REC. S	40.00	Officer Director	$85,840	$0	$85,840
SARAH HOOK	RECORDING SE	40.00	Officer Director	$75,800	$0	$75,800
SHAWN BURCH	TRUSTEE	2.00	Director	$4,800	$0	$4,800
DARIN COOPER	VICE PRESIDE	2.00	Officer Director	$4,800	$0	$4,800
AMBER LAUER	TRUSTEE	2.00	Director	$4,800	$0	$4,800
DENNY SCHANNEP	TRUSTEE	2.00	Director	$4,800	$0	$4,800

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,595,788	$1,670,340	$1,643,596	$-74,552
2023	$1,514,250	$1,478,128	$1,630,204	$36,122
2022	$1,387,302	$1,393,251	$1,499,750	$-5,949
2021	$1,550,187	$1,461,790	$1,438,206	$88,397
2020	$1,449,796	$1,442,194	$1,302,421	$7,602
2019	$1,474,855	$1,437,676	$1,284,261	$37,179
2018	$1,322,604	$1,301,622	$1,152,068	$20,982

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 414