Plumbers And Steamfitters Local 267
- Assets
- $0.0
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 01/1941
- Data as of
- 07/2020
- EIN
- 16-1310011
Organization Overview
Plumbers And Steamfitters Local 267 is located in Syracuse, NY. 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. Plumbers And Steamfitters Local 267 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 07/2020, Plumbers And Steamfitters Local 267 generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $1.2m during the year ending 07/2020. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE PLUMBERS AND STEAMFITTERS FOR THE ECONOMIC, SOCIAL, AND MORAL ADVANCEMENT OF THEIR CONDITION AND STATUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE PLUMBERS AND STEAMFITTERS FOR THE ECONOMIC, SOCIAL, AND MORAL ADVANCEMENT OF THEIR CONDITION AND STATUS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Lancette Business Manager | Officer | 40 | $59,919 |
Bradley Ward Business Agent | Officer | 40 | $57,414 |
Gerald Morley Jr Business Agent | Officer | 40 | $57,414 |
Marcus Williamee Inside Guard/ Organizer | Trustee | 40 | $57,414 |
Michael Duerr Fin Sec/treasurer | Trustee | 5 | $8,250 |
Thomas Hayward Vice President | Trustee | 5 | $240 |
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 | $1,145,062 |
| Investment income | $16,592 |
| 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 | $1,204,364 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,167 |
| Grants and other assistance to domestic individuals. | $36,917 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $9,600 |
| Compensation of current officers, directors, key employees. | $434,944 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,485 |
| Pension plan accruals and contributions | $44,031 |
| Other employee benefits | $25,080 |
| Payroll taxes | $29,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,600 |
| Fees for services: Accounting | $495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,745 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,850 |
| Office expenses | $45,935 |
| Information technology | $17,387 |
| Royalties | $0 |
| Occupancy | $17,570 |
| Travel | $12,341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,740 |
| Interest | $0 |
| Payments to affiliates | $186,824 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,016 |
| All other expenses | $1,619 |
| Total functional expenses | $1,222,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation Of Teachers New York, NY | $15,634,112 | $19,917,624 |
Sheetmetal Workers Local 12 Pittsburgh, PA | $43,864,039 | $19,934,211 |
International Brotherhood Of Electrical Workers Flushing, NY | $42,808,557 | $29,527,864 |
American Federation Of State County & Municipal Employees New York, NY | $5,666,474 | $18,719,600 |
Laboers International Union Of North America New York, NY | $82,959,218 | $20,599,249 |
Teamsters Local 97 Fund Clark, NJ | $4,130,996 | $17,509,914 |
International Union Of Operating Engineers 825 825 A&b Springfield, NJ | $42,119,361 | $15,523,159 |
Electrical Workers Local No 86 Insurance Fund Plan And Trust Rochester, NY | $26,301,983 | $18,525,409 |
International Brotherhood Of Electrical Workers Dorchester, MA | $20,226,169 | $18,660,825 |
International Union Of Painters And Allied Trades New York, NY | $30,422,741 | $16,478,287 |
International Brotherhood Of Teamsters New York, NY | $10,937,127 | $16,693,793 |
New York State Correctional Albany, NY | $26,423,975 | $18,262,137 |