International Union Of Painters And Allied Trades

Organization Overview

International Union Of Painters And Allied Trades is located in Middletown, CT. The organization was established in 1941. 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, International Union Of Painters And Allied Trades employed 15 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Union Of Painters And Allied Trades 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, International Union Of Painters And Allied Trades generated $3.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE OVERSIGHT AND CENTRALIZED MANAGEMENT TO ALL LOCAL UNIONS WITHIN THE DISTRICT COUNCIL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE OVERSIGHT AND CENTRALIZED MANAGEMENT TO ALL LOCAL UNIONS WITHIN DISTRICT COUNCIL 11 AND TO PROVIDE ASSISTANCE IN PROMOTING OPPORTUNITIES FOR PAINTERS AND ALLIED TRADES.


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Board, Officers & Key Employees

Name (title)Compensation
Raymond Peabody
Trustee
$1,200
Damian Maine
Trustee (p)
$300
Leonard Samatulski
Trustee
$1,200
Samuel Erazo
Trustee
$100
Mark Verity
President
$152,882
Jason Werthman
Business Manager/secretary
$200,599

Financial Statements

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$3,410,343
Investment income $69,626
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $207,876
Net Gain/Loss on Asset Sales $23,332
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,892,745

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