Polish National Union Of America
- Assets
- $26.6m
- Revenue
- $1.9m
- Investments
- $1.1m
- Employees
- 10
- Location
- Scranton, PA
- Founding
- 12/1964
- Data as of
- 12/2022
- EIN
- 24-0692664
Organization Overview
Polish National Union Of America is located in Scranton, PA. The organization was established in 1964. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2022, Polish National Union Of America employed 10 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Polish National Union Of America is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2022, Polish National Union Of America generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. 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
PRIMARY FUNCTION IS TO PROVIDE LIFE, ACCIDENT, AND HEALTH INSURANCE AND EDUCATIONAL, RECREATIONAL AND OTHER FRATERNAL BENEFITS TO ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL EXPENSES INCURRED IN THE OPERATION OF A FRATERNAL BENEFIT SOCIETY WITH A PRIMARY FUNCTION OF PROVIDING LIFE AND ACCIDENT INSURANCE TO ITS MEMBERS, AS WELL AS EDUCATIONAL AND RECREATIONAL BENEFITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin H Wachna Ceo/ Preside | OfficerTrustee | 20 | $42,000 |
John C Andrzejewski Cfo/ Secreta | OfficerTrustee | 40 | $106,000 |
Kathy Nemkovich Vice Preside | OfficerTrustee | 2 | $3,000 |
Mari Jane Stankowski Director | Trustee | 2 | $3,000 |
Michael Mietlicki Director | Trustee | 2 | $3,000 |
Very Rev Robert M Nemkovich Jr Director | Trustee | 2 | $3,000 |
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 | $700,520 |
| Investment income | $1,104,636 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,375 |
| Net Gain/Loss on Asset Sales | -$48,518 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,860,414 |
| 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 | $1,269,111 |
| Compensation of current officers, directors, key employees. | $148,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,883 |
| Pension plan accruals and contributions | $2,705 |
| Other employee benefits | $29,527 |
| Payroll taxes | $0 |
| Fees for services: Management | $20,250 |
| Fees for services: Legal | $3,665 |
| Fees for services: Accounting | $196,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,337 |
| Office expenses | $8,404 |
| Information technology | $42,943 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,334 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$20,961 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $29,199 |
| All other expenses | $73,558 |
| Total functional expenses | $2,274,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,938 |
| Savings and temporary cash investments | $1,817,346 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $131,735 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $299,269 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $23,013,995 |
| Investments—other securities | $1,063,109 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $308,913 |
| Total assets | $26,639,305 |
| Accounts payable and accrued expenses | $59,031 |
| Grants payable | $0 |
| Deferred revenue | $123,012 |
| 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 | $26,098,233 |
| Total liabilities | $26,280,276 |
| 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 | $359,029 |
| Total liabilities and net assets/fund balances | $26,639,305 |