Hartford Police Union
- Assets
- $693.0k
- Revenue
- $392.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Hartford, CT
- Founding
- 11/1984
- Data as of
- 12/2022
- EIN
- 22-2549234
Organization Overview
Hartford Police Union is located in Hartford, CT. The organization was established in 1984. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Hartford Police Union employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hartford Police Union 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, Hartford Police Union generated $392.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $341.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENT AND PROTECT UNION MEMBERS' RIGHTS AND INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING MEMBER BENEFITS AND SUPPORT.
ENHANCING THE COMMUNITY GOOD AND WELFARE THROUGH PUBLIC SUPPORT AND DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony S Rinaldi President | Officer | 40 | $24,000 |
Joseph M Sherbo Vice President | Officer | 20 | $18,000 |
Christopher J Reeder Treasurer | Officer | 20 | $18,000 |
Joshua M Walsh Secretary | Officer | 20 | $8,000 |
Theodore P Sposito Chief Steward | Officer | 20 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $388,720 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $388,820 |
| Total Program Service Revenue | $0 |
| Investment income | $3,799 |
| 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 | $392,619 |
| 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 | $33,605 |
| Compensation of current officers, directors, key employees. | $72,000 |
| Compensation of current officers, directors, key employees. | $72,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,582 |
| Fees for services: Accounting | $11,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,140 |
| Advertising and promotion | $0 |
| Office expenses | $5,183 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,675 |
| Travel | $9,204 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,691 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,234 |
| Insurance | $9,070 |
| All other expenses | $7,317 |
| Total functional expenses | $340,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,470 |
| Savings and temporary cash investments | $663,548 |
| 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 | $1,971 |
| Total assets | $692,989 |
| 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 | $1,334 |
| Total liabilities | $1,334 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $691,655 |
| 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 | $692,989 |