INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 71

EIN: 560276491

CHARLOTTE, NC

Total Revenue
$2,242,973
Total Expenses
$2,173,555
Total Assets
$3,160,190
Net Assets
$3,126,703
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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
1940
Legal Domicile
NC
Principal Officer
WILLIE FORD
Phone
7045962475
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 71, founded in 1940, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2025. Expenses of $2.2M left a modest 3% surplus.

Mission

LABOR ORGANIZATION

Program Service Accomplishments

Program 1

ORGANIZE WORKERS, SECURE & IMPROVE WAGES, HOURS, WORKING CONDITIONS & OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION NEGOTIATIONS & COLLECTIVE BARGAINING - 2,470 MEMBERS AT 12/31/25

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,209,239
Investment Income $33,662
Other Revenue $72
TOTAL REVENUE $2,242,973

Expense Breakdown

Grants Paid $10,668
Salaries & Benefits $1,215,438
Fundraising Expenses $0
Other Expenses $947,449
TOTAL EXPENSES $2,173,555

Year-over-Year Comparison

2025 2024 Change
Revenue $2,242,973 $2,286,815 0.0%
Expenses $2,173,555 $1,958,433 +0.1%
Net Income $69,418 $328,382 -0.8%
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
7
Independent Members
N/A
Employees
42
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
8
$771,926
Total Directors
8
$771,926
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIE FORD PRESIDENT 60.00
Officer Director
$153,977 $78,384 $335,295
JAMES GILL VICE PRESIDENT 5.00
Officer Director
$5,537 $0 $5,537
BRANDON PRICE SECRETARY/TREASURER 60.00
Officer Director
$150,426 $45,573 $202,099
MICHAEL B AUSTIN RECORDING SECRETARY 60.00
Officer Director
$152,223 $45,573 $197,796
SEAN C WILLIAMS TRUSTEE 5.00
Officer Director
$9,184 $0 $9,184
RICHARD M DILL TRUSTEE 5.00
Officer Director
$9,184 $0 $9,184
ADDISON E HINSON VICE PRESIDENT 5.00
Officer Director
$3,647 $0 $3,647
WILLIAM J LOCKLEAR TRUSTEE 5.00
Officer Director
$9,184 $0 $9,184
JOEL E ROBINSON BUSINESS AGENT 60.00
Highest
$146,871 $45,573 $192,444
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 $2,242,973 $2,173,555 $3,160,190 $69,418
2024 $2,286,815 $1,958,433 $3,079,219 $328,382
2023 $2,157,279 $1,997,094 $2,767,267 $160,185
2022 $2,158,092 $2,134,324 $2,633,759 $23,768
2021 $2,263,970 $1,981,501 $2,627,341 $282,469
2020 $1,888,617 $1,873,587 $2,550,526 $15,030
2019 $1,889,062 $1,777,237 $2,335,736 $111,825
2018 $1,658,699 $1,681,867 $2,257,103 $-23,168
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