Asbestos Abatement Regional Local Frost Insulators & Asbestos Worker
- Assets
- $451.4k
- Revenue
- $811.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Long Island City, NY
- Founding
- 07/1994
- Data as of
- 07/2022
- EIN
- 11-3160468
Organization Overview
Asbestos Abatement Regional Local Frost Insulators & Asbestos Worker, operating under the name Insulators & Asbestos Workers Local 12 A Union, is located in Long Island City, NY. The organization was established in 1994. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 07/2022, Insulators & Asbestos Workers Local 12 A Union employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Insulators & Asbestos Workers Local 12 A Union is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 07/2022, Insulators & Asbestos Workers Local 12 A Union generated $811.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $687.6k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNION ACTIVITIES TO BENEFIT MEMBERS IN A MULTI- EMPLOYER ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNION REALTED EXPENSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaime Soto Bus Mgr | Officer | 42 | $124,800 |
Lilian Pardo Pres | Officer | 40 | $97,500 |
Mario Ramirez Exec Bd Trustee | Trustee | 1 | $800 |
Irlen Ramirez Exec Bd Trustee | Trustee | 1 | $800 |
Luzby Ojeda Recording Secretary | Trustee | 1 | $700 |
Wilson Gallegos Exec Bd Trustee | Trustee | 1 | $400 |
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 | $760,414 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $811,381 |
| 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 | $1,020 |
| Compensation of current officers, directors, key employees. | $222,300 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,158 |
| Pension plan accruals and contributions | $30,625 |
| Other employee benefits | $38,778 |
| Payroll taxes | $22,014 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,170 |
| Fees for services: Accounting | $14,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,500 |
| Office expenses | $16,366 |
| Information technology | $6,137 |
| Royalties | $0 |
| Occupancy | $7,875 |
| Travel | $11,700 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,345 |
| Interest | $2,807 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,400 |
| Insurance | $13,329 |
| All other expenses | $25,000 |
| Total functional expenses | $687,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,886 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| 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 | $18,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $451,386 |
| 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 | $0 |
| 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 | $451,386 |
| Total liabilities and net assets/fund balances | $451,386 |