International Longshoremans Association is located in North Bergen, NJ. 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 12/2022, International Longshoremans Association employed 16 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Longshoremans 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 12/2022, International Longshoremans Association generated $11.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. While expenses have increased by 1.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENTATION OF UNION MEMBERS IN CONTRACT NEGOTIATIONS WITH EMPLOYERS FOR WAGES, HEALTH, WELFARE AND PENSION BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOCAL UNION REPRESENTS ITS MEMBERS IN LABOR RELATED ISSUES THROUGH COLLECTIVE BARGAINING WITH EMPLOYERS WITH RESPECT TO WAGES, BENEFITS, AND WORKING CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Daggett President | OfficerTrustee | 20 | $314,600 |
Harold Daggett President - Emeritus | OfficerTrustee | 20 | $173,040 |
John Daggett Vice President | OfficerTrustee | 20 | $306,748 |
Michael Vigneron Secretary Treasurer | OfficerTrustee | 20 | $273,473 |
Peter Clark Recording Secretary | OfficerTrustee | 20 | $367,404 |
Joshua Hertzberg Trustee | Trustee | 20 | $261,513 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Marrinan & Mazzola Mardon Pc Legal | 12/30/17 | $321,963 |
Critchleykinum & Denoia Llc Legal | 12/30/17 | $181,330 |
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 | $10,715,536 |
Investment income | $774,187 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $56,618 |
Net Gain/Loss on Asset Sales | -$331,487 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,214,854 |
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 | $129,690 |
Compensation of current officers, directors, key employees. | $2,341,195 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $408,054 |
Pension plan accruals and contributions | $137,324 |
Other employee benefits | $64,146 |
Payroll taxes | $146,457 |
Fees for services: Management | $0 |
Fees for services: Legal | $149,921 |
Fees for services: Accounting | $73,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $27,241 |
Fees for services: Other | $16,515 |
Advertising and promotion | $0 |
Office expenses | $82,531 |
Information technology | $51,969 |
Royalties | $0 |
Occupancy | $0 |
Travel | $122,807 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $68,526 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $401,945 |
Insurance | $66,322 |
All other expenses | $148,275 |
Total functional expenses | $5,163,133 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $947,398 |
Savings and temporary cash investments | $24,066,999 |
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 | $8,997,081 |
Investments—publicly traded securities | $12,588,797 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $46,600,275 |
Accounts payable and accrued expenses | $23,643 |
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 | $23,643 |
Net assets without donor restrictions | $46,576,632 |
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 | $46,600,275 |