INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 731 UNION

EIN: 361053335

BURR RIDGE, IL

Total Revenue
$5,498,591
Total Expenses
$5,444,044
Total Assets
$7,310,762
Net Assets
$7,310,762
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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
1933
Legal Domicile
IL
Principal Officer
PATRICK J DARROW
Phone
6308874100
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 731 UNION, founded in 1933, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION IS A LABOR UNION FORMED TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,343,054
Investment Income $113,242
Other Revenue $42,295
TOTAL REVENUE $5,498,591

Expense Breakdown

Grants Paid $74,981
Salaries & Benefits $2,800,625
Fundraising Expenses $0
Other Expenses $2,568,438
TOTAL EXPENSES $5,444,044

Year-over-Year Comparison

2023 2022 Change
Revenue $5,498,591 $5,770,312 0.0%
Expenses $5,444,044 $5,612,015 0.0%
Net Income $54,547 $158,297 -0.7%
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

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Governance

Voting Members
1
Independent Members
1
Employees
21
Volunteers
N/A

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
7
$1,367,028
Total Directors
1
$123,182
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK J DARROW TRUSTEE 10.00
Director
$0 $30,435 $123,182
TERRENCE J HANCOCK FORMER PRESIDENT 40.00
Officer
$92,598 $53,219 $145,817
JOHN LISNER FORMER SECRETARY TREASURER 40.00
Officer
$317,532 $81,157 $398,689
DALE BOLT FORMER RECORDING SEC'Y 40.00
Officer
$254,732 $71,144 $325,876
WALTER THIEDE FORMER VICE PRESIDENT 40.00
Officer
$132,236 $41,018 $173,254
MICHAEL CORRIGAN FORMER TRUSTEE/BUSINESS AGENT 40.00
Officer
$137,507 $14,910 $152,417
ANUEL ADAMS FORMER TRUSTEE/BUSINESS AGENT 40.00
Officer
$96,324 $28,225 $124,549
WILLIAM KIMBALL FORMER TRUSTEE/BUSINESS AGENT 40.00
Officer
$32,184 $14,242 $46,426
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $5,498,591 $5,444,044 $7,310,762 $54,547
2022 $5,770,312 $5,612,015 $5,427,323 $158,297
2021 $5,747,603 $5,250,480 $5,202,076 $497,123
2020 $5,341,547 $5,360,816 $4,704,953 $-19,269
2019 $5,248,605 $5,317,563 $4,724,222 $-68,958
2018 $5,426,057 $5,042,490 $4,793,300 $383,567
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