Ironworkers Local 68
- Assets
- $0.0
- Revenue
- $474.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Westville, NJ
- Founding
- 03/1945
- Data as of
- 06/2017
- EIN
- 21-0482992
Organization Overview
Ironworkers Local 68 is located in Westville, NJ. The organization was established in 1945. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2017, Ironworkers Local 68 employed 6 individuals. Ironworkers Local 68 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2017, Ironworkers Local 68 generated $474.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $587.9k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (18.1%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS. SECURE ADEQUATE WAGES, WORKING CONDTIONS AND OPPORTUNITIES OF EMPLOYMENT. PROMOTE PRINCIPLES OF FREE COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS. SECURE ADEQUATE WAGES, WORKING CONDITIONS AND OPPORTUNITIES OF EMPLOYMENT. PROMOTE THE PRINCIPLES OF FREE COLLECTIVE BARGAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Rubino Business Manager / Fst | Officer | 40 | $156,156 |
William Linder Business Agent / President | Officer | 40 | $133,745 |
Mark Docie Vice President | Officer | 40 | $109,374 |
Michael Weaver Recording Secretary | Officer | 40 | $2,524 |
Richard Sweeney Business Manager | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $45,658 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,050 |
| Net Gain/Loss on Asset Sales | -$30,460 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $474,139 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $4,723 |
| Compensation of current officers, directors, key employees. | $207,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,491 |
| Pension plan accruals and contributions | $147,995 |
| Other employee benefits | $31,641 |
| Payroll taxes | $14,460 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $9,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,500 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,551 |
| Office expenses | $27,801 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,956 |
| Travel | $13,584 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,869 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,278 |
| All other expenses | $0 |
| Total functional expenses | $587,925 |
| 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 |
| 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 |
| Total liabilities and net assets/fund balances | $0 |