Teamster Food Processors Drivers Warehousemen and Helpers Local No 670

EIN: 930322985

Salem, OR

Total Revenue
$2,044,683
Total Expenses
$1,835,685
Total Assets
$3,216,593
Net Assets
$3,215,651
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
OR
Principal Officer
Michael Beranbaum
Phone
5033781444
Tax Period
2025-01-01 to 2025-12-31

Teamster Food Processors Drivers Warehousemen and Helpers Local No 670, founded in 1945, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2025. Expenses of $1.8M left a modest 10% surplus.

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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,994,054
Investment Income $50,629
Other Revenue $0
TOTAL REVENUE $2,044,683

Expense Breakdown

Grants Paid $22,546
Salaries & Benefits $1,013,720
Fundraising Expenses $0
Other Expenses $799,419
TOTAL EXPENSES $1,835,685

Year-over-Year Comparison

2025 2024 Change
Revenue $2,044,683 $1,921,757 +0.1%
Expenses $1,835,685 $1,816,907 +0.0%
Net Income $208,998 $104,850 +1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
4
Employees
6
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
4
$513,665
Total Directors
7
$534,514
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Beranbaum Secretary-Treas 40.00
Officer Director
$190,854 $52,922 $243,776
Nicholas Donaldson Prsdnt/Bus Agnt 40.00
Officer Director
$100,034 $52,662 $152,696
Timmie Koop Rec Secr/Bookpr 40.00
Officer Director
$63,611 $51,362 $114,973
Andrew Hoffman Trustee 1.00
Director
$9,804 $0 $9,804
Thomas Carlson Trustee 1.00
Director
$8,617 $0 $8,617
Veronica Estrada Trustee 1.00
Director
$2,428 $0 $2,428
Donna Myers Vice President 1.00
Officer Director
$2,220 $0 $2,220
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 $2,044,683 $1,835,685 $3,216,593 $208,998
2024 No data No data No data No data
2023 $1,873,723 $1,750,966 $3,071,333 $122,757
2022 $1,696,691 $1,614,344 $2,971,501 $82,347
2021 $1,780,894 $1,635,052 $2,869,401 $145,842
2020 $1,615,301 $1,444,892 $2,713,051 $170,409
2019 $1,679,588 $1,369,802 $3,141,827 $309,786
2018 $1,407,235 $1,291,252 $3,602,125 $115,983
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