Ufcw Local 1776 & Participating Employers Legal Trust Fund is located in Plymouth Meeting, PA. The organization was established in 1995. According to its NTEE Classification (I02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ufcw Local 1776 & Participating Employers Legal Trust Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Ufcw Local 1776 & Participating Employers Legal Trust Fund generated $518.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $454.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PREPAID LEGAL SERVICES TO ELIGIBLE UNION PARTICIPANTS AND THEIR DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGAL SERVICE PROVIDER PAYMENTS TO BENEFIT PARTICIPANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bellew Asfa Trustee | Trustee | 1 | $0 |
Dan Dosenbach Trustee | Trustee | 1 | $0 |
Leonard Purnell Trustee | Trustee | 1 | $0 |
Wendell W Young IV Trustee | Trustee | 1 | $0 |
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 | $509,908 |
Investment income | $10,911 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,686 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $518,133 |
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 | $397,848 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $34,759 |
Fees for services: Legal | $3,661 |
Fees for services: Accounting | $4,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,838 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,762 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,924 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,078 |
All other expenses | $1,100 |
Total functional expenses | $454,920 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $180,789 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $76,209 |
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 | $3,893 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $462,828 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,689 |
Total assets | $725,408 |
Accounts payable and accrued expenses | $6,447 |
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 | $6,447 |
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 | $718,961 |
Total liabilities and net assets/fund balances | $725,408 |
Organization Name | Assets | Revenue |
---|---|---|
Pennsylvania Interest On Lawyer Trust Account Board Harrisburg, PA | $39,506,972 | $24,730,443 |
Pennsylvania Bar Institute Harrisburg, PA | $0 | $5,143,408 |
Ufcw Local 1776ks Wd And Employers Legal Fund Canonsburg, PA | $149,899 | $816,905 |
Utica Volunteer Emergency Squad Inc Utica, OH | $452,633 | $390,040 |
Ufcw Local 1776 & Participating Employers Legal Trust Fund Plymouth Meeting, PA | $725,408 | $518,133 |
Ohio Center For Law Related Education Columbus, OH | $1,335,644 | $384,619 |
Yonkers Police Captains Lieutenants And Sergeants Benevolent Associati Yonkers, NY | $330,036 | $477,977 |
Port Authority Police Lieutenants Benevolent Association Jersey City, NJ | $1,940,400 | $358,633 |
Southampton Village Police Benevolent Association Inc Southampton, NY | $834,276 | $317,311 |
Yorktown Police Benevolent Association Inc Yorktown Heights, NY | $669,269 | $275,450 |
Policemens Benevolent Association Local No 24 Inc Atlantic City, NJ | $372,946 | $302,017 |
Police Benevolent Association Ofthe Village Of Mamaroneck Inc Mamaroneck, NY | $224,568 | $265,608 |