International Longshoremens Association
- Assets
- $5.8m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Newark, NJ
- Founding
- 05/1950
- Data as of
- 03/2024
- EIN
- 13-1847128
Organization Overview
International Longshoremens Association is located in Newark, NJ. The organization was established in 1950. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 03/2024, International Longshoremens Association employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Longshoremens Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 03/2024, International Longshoremens Association 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 9.2% each year. All expenses for the organization totaled $3.7m during the year ending 03/2024. While expenses have increased by 10.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
WELFARE OF UNION MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL MEMBERS ARE SATISFIED WITH THEIR CURRENT STATUS SUCH AS WAGES, GREIVANCES, CONTRACTS AND BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Knott President Emeritus | Officer | 10 | $239,086 |
David Cicalese President | Officer | 40 | $625,892 |
James Lagrasso Delegate | Officer | 40 | $468,004 |
James Cocchia Sectreas | Officer | 40 | $468,004 |
Patrick Cicalese Vice President | Officer | 25 | $382,636 |
Charles Ward District Council | Trustee | 2 | $5,825 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,646,478 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $373 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,646,851 |
| Total Program Service Revenue | $0 |
| Investment income | $230,086 |
| 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 | $3,876,937 |
| 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. | $2,210,446 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,924 |
| Pension plan accruals and contributions | $222,877 |
| Other employee benefits | $22,079 |
| Payroll taxes | $124,934 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $110,597 |
| Fees for services: Accounting | $48,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,072 |
| Fees for services: Other | $26,250 |
| Advertising and promotion | $263,769 |
| Office expenses | $66,476 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $212,621 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $27,742 |
| All other expenses | $0 |
| Total functional expenses | $3,661,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $813,711 |
| Savings and temporary cash investments | $1,647,054 |
| 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 | $182,687 |
| Investments—publicly traded securities | $3,076,543 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,361 |
| Total assets | $5,752,356 |
| Accounts payable and accrued expenses | $5,681 |
| 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 | $5,681 |
| 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 | $5,746,675 |
| Total liabilities and net assets/fund balances | $5,752,356 |