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EIN 13-5000655

Teamsters - 553 Local

IRS 501(c) type
501(c)(5)
Num. employees
25
City
New York
State
New York
Year formed
1907
Most recent tax filings
2023-12-01
NTEE code, primary
J40: Labor unions, organizations
Description
The primary mission of the union is to organize employees and negotiate contracts on their behalf covering wages, benefits, hours, and conditions of employment in accordance with the laws, usages, and requirements of the ibt, and in accordance with the best interests of the labor movement. Dues and initiation fees are collected from approximately 5,003 union members to protect and promote the interests of labor in connection with employment.
Related structure
Teamsters - 553 Local is child organization, under the parent exemption from Teamsters - TCWH (IBT).
Also known as...
International Brotherhood of Teamsters Local 553; 553 Local
Total revenues
$10,964,540
2023
Total expenses
$2,921,499
2023
Total assets
$9,342,745
2023
Num. employees
25
2023

Program areas at Teamsters - 553 Local

The primary mission of the union is to organize employees and negotiate contracts on their behalf covering wages, benefits, hours, and conditions of employment in accordance with the laws, usages, and requirements of the ibt, and in accordance with the best interests of the labor movement.

Grants made by Teamsters - 553 Local

GranteeGrant descriptionAmount
International Brotherhood of Teamsters Scholarship FundTo Provide Scholarships To Children of Ibt Members$10,000

Personnel at Teamsters - 553 Local

NameTitleCompensation
Michael Spinelli PastVice President
Demos P DemopoulosSecretary Treasurer$225,106
Anthony StorzPresident$188,014
Stephen MaloneVice President$23,083
Ralph BlasiRec Secretary$171,607
...and 5 more key personnel

Financials for Teamsters - 553 Local

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,052,962
Investment income and dividends$201,028
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-2,755
Net gain from sale of non-inventory assets$8,691,933
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$21,372
Total revenues$10,964,540

Form 990s for Teamsters - 553 Local

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-27990View PDF
2022-122023-04-04990View PDF
2021-122022-04-04990View PDF
2020-122021-03-23990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

Organizations like Teamsters - 553 Local

OrganizationLocationRevenue
Teamsters - 639Washington, DC$6,885,631
Teamsters - 340 TCWHSouth Portland, ME$2,815,406
Teamsters Union Local 25 Affiliated with IbtBoston, MA$11,038,617
Teamsters - 662 TCWHMosinee, WI$3,306,929
Teamsters - 135 LocalIndianapolis, IN$11,101,382
Teamsters - IbtWhitehall, PA$4,450,027
International Brotherhood of Teamsters 179Joliet, IL$3,233,629
Teamsters - MN Teamster Local 320Minneapolis, MN$6,299,692
Teamsters Local 1150Stratford, CT$4,926,979
Teamsters - 890 TCWHSalinas, CA$2,871,821
Data update history
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 25, 2023
Updated personnel
Identified 2 new personnel
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
UnionsChapter / child organizations
Issues
Human servicesJobs and employment
Characteristics
MembershipsState / local level
General information
Address
265 W 14th St 305
New York, NY 10011
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
teamsters.nyc/locals/local-553/ 
Phone
(212) 929-6828
IRS details
EIN
13-5000655
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1907
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
J40: Labor unions, organizations
NAICS code, primary
813930: Labor Unions
Parent/child status
Child within group exemption
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