Laborers International Union Of North America is located in Pittsfield, MA. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Laborers International Union Of North America employed 10 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Laborers International Union Of North America is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Laborers International Union Of North America generated $855.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $725.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABORERS- UNION TO SEEK EMPLOYMENT FOR MEMBERS REPRESENTED BY THE UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVEMENTS IN CONDITIONS OF WORKERS IN THE LOCAL DESIGNATED AREAS ACTIVITY CODE: 261
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Krutiak Business Man | Trustee | 40 | $110,525 |
Jared Lebeau Sr Secretary/tr | OfficerTrustee | 40 | $81,287 |
Matt Jayko President | OfficerTrustee | 10 | $10,678 |
Justin Langlais Recording Se | OfficerTrustee | 1 | $1,699 |
Darren Turner Vice Preside | Trustee | 1 | $1,548 |
Jake Thomas Robinette Sergeant At | Trustee | 1 | $975 |
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 | $752,059 |
Investment income | $89,701 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $17,570 |
Net Gain/Loss on Asset Sales | -$3,631 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $855,699 |
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 | $103,251 |
Compensation of current officers, directors, key employees. | $209,712 |
Compensation of current officers, directors, key employees. | $14,398 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $53,247 |
Other employee benefits | $123,300 |
Payroll taxes | $17,643 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,314 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,141 |
Fees for services: Other | $2,009 |
Advertising and promotion | $0 |
Office expenses | $23,412 |
Information technology | $2,854 |
Royalties | $0 |
Occupancy | $25,369 |
Travel | $120 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $24,799 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,000 |
Insurance | $16,699 |
All other expenses | $56 |
Total functional expenses | $725,276 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $116,501 |
Savings and temporary cash investments | $1,073,020 |
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 | $131,617 |
Investments—publicly traded securities | $1,813,866 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $125 |
Total assets | $3,135,129 |
Accounts payable and accrued expenses | $4,023 |
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 | $4,023 |
Net assets without donor restrictions | $3,131,106 |
Net assets with donor restrictions | $0 |
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 | $3,135,129 |