Laborers International Union Of North America, operating under the name Local 175 Afl-Cio, is located in Methuen, MA. The organization was established in 1940. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Local 175 Afl-Cio employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Local 175 Afl-Cio is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Local 175 Afl-Cio generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MEMBERSHIP ORGANIZATION REPRESENTING APPROXIMATELY 1,178 UNION MEMBERS FOR THE PURPOSE OF COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIVELY BARGAINED WITH AREA EMPLOYERS TO PROMOTE OR ESTABLISH APPROPRIATE WAGES, FRINGE BENEFITS, TRAINING, HOURS OF EMPLOYMENT, AND WORKING CONDITIONS FOR ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Gagliardi Jr Recording Se | Officer | 40 | $159,634 |
Brendyn Gagliardi Sec. Treasur | Officer | 40 | $151,409 |
Eddy F Pellerin President | Officer | 1 | $11,349 |
Sean Fogarty Vice Preside | Officer | 1 | $4,000 |
John Yakoobian Executive Bo | Officer | 1 | $3,900 |
Micheal Fogarty Executive Bo | Officer | 1 | $3,900 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,930,282 |
Investment income | $15,366 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$17,023 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,932,251 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $841,176 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $41,138 |
Fees for services: Management | $0 |
Fees for services: Legal | $27,034 |
Fees for services: Accounting | $12,133 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $43,301 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,077 |
Travel | $35,632 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $284,480 |
Depreciation, depletion, and amortization | $77,422 |
Insurance | $22,215 |
All other expenses | $0 |
Total functional expenses | $1,503,991 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $311,169 |
Savings and temporary cash investments | $3,200,153 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $659,706 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,171,028 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $4,165,066 |
Net assets with donor restrictions | $5,962 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,171,028 |
Organization Name | Assets | Revenue |
---|---|---|
American Federation Of Teachers New York, NY | $15,634,112 | $19,917,624 |
International Brotherhood Of Electrical Workers Flushing, NY | $42,808,557 | $29,527,864 |
American Federation Of State County & Municipal Employees New York, NY | $5,666,474 | $18,719,600 |
Laboers International Union Of North America New York, NY | $82,959,218 | $20,599,249 |
Electrical Workers Local No 86 Insurance Fund Plan And Trust Rochester, NY | $26,301,983 | $18,525,409 |
International Brotherhood Of Electrical Workers Dorchester, MA | $20,226,169 | $18,660,825 |
International Union Of Painters And Allied Trades New York, NY | $30,422,741 | $16,478,287 |
International Brotherhood Of Teamsters New York, NY | $10,937,127 | $16,693,793 |
New York State Correctional Albany, NY | $26,423,975 | $18,262,137 |
Retail Wholesale & Department Store Union New York, NY | $50,504,227 | $15,796,954 |
Laborers International Union Of North America Astoria, NY | $45,280,264 | $16,536,779 |
Council Of School Supervisors And Administrators Of The City Of Ny New York, NY | $57,802,367 | $21,293,230 |