International Longshoremens Association Afl - Cio
- Assets
- $90.4m
- Revenue
- $32.3m
- Investments
- $0.0
- Employees
- 76
- Location
- North Bergen, NJ
- Founding
- 02/1941
- Data as of
- 12/2022
- EIN
- 13-6400405
Organization Overview
International Longshoremens Association Afl - Cio is located in North Bergen, NJ. The organization was established in 1941. 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 Longshoremens Association Afl - Cio employed 76 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. International Longshoremens Association Afl - Cio 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 Longshoremens Association Afl - Cio generated $32.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $26.3m during the year ending 12/2022. While expenses have increased by 2.8% 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
TO PROMOTE THE BEST INTERESTS OF ITS MEMBERS AND THEIR FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold J Daggett President | Officer | 20 | $654,606 |
Dennis A Daggett Vice President | Officer | 20 | $332,340 |
Stephen Knott Treasurer | Officer | 40 | $582,951 |
Wilbert Rowell Vice President | Officer | 20 | $481,053 |
Peter Clark Vice President | Officer | 20 | $174,045 |
John Baker Vice President | Officer | 40 | $549,891 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marrinan & Mazzola Mardon Pc Legal Services | 12/30/20 | $0 |
Walsh Pizzi Oreilly Falanga Llp Legal Services | 12/30/20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $37,610,634 |
| 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 | $37,610,634 |
| Total Program Service Revenue | $947 |
| Investment income | -$5,468,661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$325,046 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,304,362 |
| 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. | $7,578,439 |
| Compensation of current officers, directors, key employees. | $5,953,205 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,948,832 |
| Pension plan accruals and contributions | $4,020,000 |
| Other employee benefits | $1,322,154 |
| Payroll taxes | $653,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,968,769 |
| Fees for services: Accounting | $87,536 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $139,385 |
| Fees for services: Other | $243,942 |
| Advertising and promotion | $0 |
| Office expenses | $515,625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $344,217 |
| Travel | $2,098,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,701 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,400 |
| Insurance | $197,187 |
| All other expenses | $460 |
| Total functional expenses | $26,314,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,349,986 |
| Savings and temporary cash investments | $11,984,598 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,354,359 |
| 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 | $1,691,127 |
| Net Land, buildings, and equipment | $170,544 |
| Investments—publicly traded securities | $29,734,643 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,129,392 |
| Total assets | $90,414,649 |
| Accounts payable and accrued expenses | $7,160,168 |
| 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 | $1,933,776 |
| Total liabilities | $9,093,944 |
| Net assets without donor restrictions | $81,320,705 |
| 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 | $90,414,649 |