Laborers International Union Of North America
- Assets
- $45.3m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 19
- Location
- Newark, NJ
- Founding
- 04/1964
- Data as of
- 12/2022
- EIN
- 22-1010627
Organization Overview
Laborers International Union Of North America is located in Newark, NJ. The organization was established in 1964. 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, Laborers International Union Of North America employed 19 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Laborers International Union Of North America 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, Laborers International Union Of North America generated $12.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $9.2m during the year ending 12/2022. While expenses have increased by 2.6% 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.
Since 2015, Laborers International Union Of North America has awarded 27 individual grants totaling $2,015,053. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE OR ESTABLISH APPROPRIATE WAGES, FRINGE BENEFITS, TRAINING, HOURS OF EMPLOYMENT AND WORKING CONDITIONS FOR ALL WORKERS IN ACCORDANCE WITH THE CRAFT AND TERRITORIAL JURISDICTION ALLOTTED TO THE LOCAL UNION BY ITS CHARTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNION'S PRIMARY PURPOSE IS THE IMPROVEMENT OF CONDITIONS OF WORKERS CLASSIFIED UNDER NTEE-CC CODE J40 LABOR UNIONS AND NAICS BUSINESS ACTIVITY CODE 813930 FOR ITS 7,206 MEMBERS AS OF 12-31-22. THE ORGANIZATION PROVIDES REPRESENTATION ON BEHALF OF ITS MEMBERS WITH VARIOUS EMPLOYERS IN THE HEAVY AND GENERAL CONSTRUCTION INDUSTRY. THE UNION MADE AND ENTERED INTO AN AGREEMENT BY AND BETWEEN THE UTILITY AND TRANSPORTATION CONTRACTORS ASSOCIATION (U.T.C.A.) AND THE ASSOCIATED CONSTRUCTION CONTRACTORS OF NEW JERSEY (A.C.C.N.J.) WHICH RECOGNIZES THE UNION AS THE SOLE AND EXCLUSIVE COLLECTIVE BARGAINING REPRESENTATIVE FOR ALL EMPLOYEES COVERED IN THE AGREEMENT IN THE TERRITORIAL JURISDICTION COVERING HUDSON, BERGEN, PASSAIC, MORRIS, WARREN, ESSEX, UNION, MIDDLESEX, HUNTERDON, SUSSEX, SOMERSET, AND MONMOUTH COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Testa President | OfficerTrustee | 58 | $280,231 |
Luis C Recio Sec.-Treasurer | OfficerTrustee | 58 | $277,727 |
Manuel H Amador Jr Business Mgr. | OfficerTrustee | 54 | $269,380 |
Michael Giunta V.pres./auditor | OfficerTrustee | 53 | $256,086 |
Dennis D'imperio Recording Sec. | OfficerTrustee | 53 | $253,017 |
Derek Brooks Sergeant-At-Arm | Officer | 53 | $242,388 |
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 | $11,658,510 |
| Investment income | $796,903 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$445,989 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,010,043 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $234,221 |
| 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. | $4,410,512 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $603,540 |
| Pension plan accruals and contributions | $358,307 |
| Other employee benefits | $403,102 |
| Payroll taxes | $193,533 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $234,000 |
| Fees for services: Accounting | $79,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $100,560 |
| Fees for services: Other | $18,661 |
| Advertising and promotion | $158,388 |
| Office expenses | $88,579 |
| Information technology | $4,536 |
| Royalties | $0 |
| Occupancy | $159,623 |
| Travel | $131,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,076 |
| Interest | $118 |
| Payments to affiliates | $1,539,728 |
| Depreciation, depletion, and amortization | $151,520 |
| Insurance | $62,589 |
| All other expenses | $10,776 |
| Total functional expenses | $9,170,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,767,613 |
| Savings and temporary cash investments | $1,033,185 |
| 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 | $529,015 |
| Investments—publicly traded securities | $36,928,539 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,667 |
| Total assets | $45,264,019 |
| 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 | $75,015 |
| Total liabilities | $75,015 |
| Net assets without donor restrictions | $45,189,004 |
| 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 | $45,264,019 |
Grants Awarded
Over the last fiscal year, Laborers International Union Of North America has awarded $218,956 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
H&GCL LOCAL UNION 472 PAC PURPOSE: GENERAL SUPPORT | $171,380 |
NJ VIETNAM VETERANS MEM FOUN PURPOSE: GENERAL SUPPORT | $7,500 |
LABORERS EASTERN REGION PEF PURPOSE: GENERAL SUPPORT | $34,276 |
SPORT CLUB PORTUGUES INC PURPOSE: GENERAL SUPPORT | $5,800 |