Transport Workers Union Of America
- Assets
- $68.0m
- Revenue
- $31.6m
- Investments
- $19.1m
- Employees
- 48
- Location
- Washington, DC
- Founding
- 08/1944
- Data as of
- 08/2023
- EIN
- 13-1395075
Organization Overview
Transport Workers Union Of America is located in Washington, DC. 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 08/2023, Transport Workers Union Of America employed 48 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Transport Workers Union Of 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 08/2023, Transport Workers Union Of America generated $31.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $29.3m during the year ending 08/2023. While expenses have increased by 5.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CARRY ON UNION ACTIVITIES FOR THE BENEFIT OF ALL WORKERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARRY ON UNION ACTIVITIES FOR THE BENEFIT OF ALL WORKERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
S Martin Exec Board | OfficerTrustee | 10 | $0 |
T Hughes Exec Council | OfficerTrustee | 10 | $0 |
V Jones Exec Board | OfficerTrustee | 10 | $0 |
V Gonzalez Exec Council | OfficerTrustee | 10 | $0 |
C Gifford Exec Board | OfficerTrustee | 10 | $0 |
C Bernabel Exec Board | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Phillips Richard & Rind Pa Attorneys | 8/30/23 | $968,119 |
Berlinrosen Ltd Public Relations Consulting | 8/30/23 | $641,458 |
Colleran O'hara & Mills Llp Attorneys | 8/30/23 | $238,571 |
Kelly Press Inc Printing Services | 8/30/23 | $335,748 |
American Advertising Inc Printing Services | 8/30/23 | $181,978 |
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 | $29,402,342 |
| Investment income | $1,708,038 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $232,316 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,576,268 |
| 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. | $5,061,485 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,754,489 |
| Pension plan accruals and contributions | $6,535,151 |
| Other employee benefits | $1,884,850 |
| Payroll taxes | $576,976 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,439,943 |
| Fees for services: Accounting | $226,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $294,240 |
| Fees for services: Other | $61,500 |
| Advertising and promotion | $236,891 |
| Office expenses | $0 |
| Information technology | $190,238 |
| Royalties | $0 |
| Occupancy | $770,634 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,764 |
| Interest | $0 |
| Payments to affiliates | $1,282,866 |
| Depreciation, depletion, and amortization | $267,217 |
| Insurance | $335,773 |
| All other expenses | $1,889,070 |
| Total functional expenses | $29,304,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,077,797 |
| 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 | $1,781,357 |
| Investments—publicly traded securities | $31,854,391 |
| Investments—other securities | $19,146,219 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $121,574 |
| Total assets | $67,981,338 |
| 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 | $336,810 |
| Total liabilities | $336,810 |
| Net assets without donor restrictions | $67,644,528 |
| 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 | $67,981,338 |