Local 342 Long Island Public Service Employees United Marine Dv

Organization Overview

Local 342 Long Island Public Service Employees United Marine Dv is located in Shirley, NY. The organization was established in 1974. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Local 342 Long Island Public Service Employees United Marine Dv employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 342 Long Island Public Service Employees United Marine Dv is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 12/2021, Local 342 Long Island Public Service Employees United Marine Dv generated $927.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $899.0k during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

ORGANIZING AND NEGOTIATING FUNCTIONS OF THE UNION TO PROVIDE JOB OPPORTUNITIES TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZING AND NEGOTIATING FUNCTIONS OF THE UNION TO PROVIDE JOB OPPORTUNITIES TO MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
William Hennessey
President
$307,742
Kevin Gleason
Exec. Board Mem
$83,291
Arthur Hennessey
Exec. Board Mem
$25,957
James Mazzarella
Secretary
$13,192
Michael Dennis
Exec. Board Mem
$3,015
Jerome Bevinetto
Exec. Board Mem
$1,560

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$853,390
Investment income $1,666
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,543
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $927,284

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