Transport Workers Union Of America
- Assets
- $3.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 32
- Location
- Riverdale, NY
- Founding
- 04/1982
- Data as of
- 12/2022
- EIN
- 13-1774935
Organization Overview
Transport Workers Union Of America is located in Riverdale, NY. The organization was established in 1982. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, Transport Workers Union Of America employed 32 individuals. This organization is a subordinate organization within 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 12/2022, Transport Workers Union Of America generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS CURRENTLY REPRESENTING APPROXIMATELY 1,290 UNION MEMBERS IN CONTRACT NEGOTIATIONS WITH THE EMPLOYER FOR WAGES, HEALTH, WELFARE AND PENSION BENEFITS, AND WORKING CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTATION OF UNION MEMBERS IN CONTRACT NEGOTIATIONS WITH THE EMPLOYER FOR WAGES, HEALTH, WELFARE AND PENSION BENEFITS, AND WORKING CONDITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Modafferi Former President, Exec Council | Officer | 20 | $169,926 |
Mike Rodriguez Chairperson - Oa Transport | Officer | 40 | $9,633 |
Philip Valenti President, Exec Council | Officer | 40 | $91,558 |
Hubert Reardon Secretary Treasurer | Officer | 40 | $12,110 |
Christopher Sohl Vice Chair - Oa Trans | Officer | 5 | $5,956 |
Dennis Bottomley Former Chairperson -Oa Maint. | Officer | 1 | $3,295 |
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 | $1,254,788 |
| Investment income | $52,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $416 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,307,451 |
| 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 | -$2,608 |
| Compensation of current officers, directors, key employees. | $410,265 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,918 |
| Pension plan accruals and contributions | $38,606 |
| Other employee benefits | $0 |
| Payroll taxes | $35,613 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $97,671 |
| Fees for services: Accounting | $15,036 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,283 |
| Advertising and promotion | $20,163 |
| Office expenses | $56,732 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,083 |
| Travel | $2,532 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,835 |
| Interest | $0 |
| Payments to affiliates | $189,080 |
| Depreciation, depletion, and amortization | $38,916 |
| Insurance | $48,702 |
| All other expenses | $82 |
| Total functional expenses | $1,112,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $804,722 |
| Savings and temporary cash investments | $1,050,896 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,961 |
| 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 | $11,421 |
| Net Land, buildings, and equipment | $148,136 |
| Investments—publicly traded securities | $1,835,502 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,899,638 |
| Accounts payable and accrued expenses | $64,258 |
| 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 | $64,258 |
| Net assets without donor restrictions | $3,473,052 |
| Net assets with donor restrictions | $362,328 |
| 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 | $3,899,638 |