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EIN 36-2688697

Teamsters Local 705

IRS 501(c) type
501(c)(9)
Num. employees
9
City
Chicago
State
Illinois
Year formed
1955
Most recent tax filings
2022-12-01
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
Description
To provide Health and Welfare benefits to eligible particpants and their dependents. To provide Health benefits to eligible participants and their dependents. Provide Health benefits to eligible participants and their dependents.
Related structure
Teamsters Local 705 is a subordinate organization under American Federation of Teachers - 8011 Illinois State.
Also known as...
Local 705 Ibof T Health and Welfare Fund; International Brotherhood of Teamsters Health and Welfare Fund
Total revenues
$43,915,156
2022
Total expenses
$40,437,049
2022
Total assets
$101,675,231
2022
Num. employees
9
2022

Program areas at Teamsters Local 705

To provide Health and Welfare benefits to eligible particpants and their dependents.

Personnel at Teamsters Local 705

NameTitleCompensation
Jack WittFund Administrator$0
Shari HembreeClaims Department Manager$108,479
Joseph FitzpatrickController$0

Financials for Teamsters Local 705

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$45,841,161
Investment income and dividends$0
Tax-exempt bond proceeds$853,319
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,822,351
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$43,027
Total revenues$43,915,156

Form 990s for Teamsters Local 705

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-31990View PDF
2021-122022-11-02990View PDF
2020-122021-11-02990View PDF
2019-122021-06-08990View PDF
2018-122020-01-22990View PDF
...and 9 more Form 990s
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 1 new personnel
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 12 new vendors, including , , , , , , , , , , , and
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Fraternal societiesMutual assistance organizationsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
1645 W Jackson Blvd 7th Floor
Chicago, IL 60612
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
Website URL
teamsterslocal705.net/ 
Phone
(312) 738-2811
IRS details
EIN
36-2688697
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1955
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary
525120: Health and Welfare Funds
Parent/child status
Subordinate organization
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