INTL BROTHERHOOD OF TEAMSTERS LOCAL 589 (EIN 910267954) - 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

1940

Legal Domicile

Principal Officer

Robert Driskell

Phone

3604523388

Tax Period

2023-01-01 to 2023-12-31

INTL BROTHERHOOD OF TEAMSTERS LOCAL 589, founded in 1940, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023.

Mission

The Local Union's mission is to organize and educate workers so that they have a voice in the workplace and know their workplace rights;involve workers in the political process and to negotiate with employers so that each worker is treated with dignity, justice and respect.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,271,524

Investment Income $4,777

Other Revenue $0

TOTAL REVENUE $1,276,301

Expense Breakdown

Grants Paid $26,400

Salaries & Benefits $634,708

Fundraising Expenses $0

Other Expenses $550,813

TOTAL EXPENSES $1,238,068

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,276,301	$1,224,816	+0.0%
Expenses	$1,238,068	$1,090,048	+0.1%
Net Income	$38,233	$134,768	-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

Governance

Voting Members

Independent Members

Employees

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

$438,474

Total Directors

$452,724

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Driskell	Secretary-Treas	40.00	Officer Director	$116,020	$42,309	$158,329
Richard Stone	Vice Pr/Bs Agnt	40.00	Officer Director	$110,092	$42,309	$152,401
Kimberly Kezer	Rec Secr/Bookpr	40.00	Officer Director	$80,560	$42,309	$122,869
Mark Leclair	Trustee	3.00	Director	$4,875	$0	$4,875
Jeffrey Collins	President	3.00	Officer Director	$4,875	$0	$4,875
Teresa Bibler	Trustee	3.00	Director	$4,875	$0	$4,875
Jeremy Williams	Past Trustee	3.00	Director	$3,000	$0	$3,000
Valarie Wilkinson	Trustee	3.00	Director	$1,500	$0	$1,500

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	$1,276,301	$1,238,068	$913,031	$38,233
2022	$1,224,816	$1,090,048	$874,364	$134,768
2021	$1,144,180	$1,182,697	$739,213	$-38,517
2020	$1,163,617	$1,167,285	$778,298	$-3,668
2019	$1,161,581	$1,214,241	$780,742	$-52,660
2018	$1,134,072	$1,166,103	$833,402	$-32,031

INTL BROTHERHOOD OF TEAMSTERS LOCAL 589