Local 310 Fringe Benefit Funds Inc is located in Cleveland, OH. The organization was established in 1977. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 04/2022, Local 310 Fringe Benefit Funds Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 310 Fringe Benefit Funds Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 04/2022, Local 310 Fringe Benefit Funds Inc generated $760.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $760.4k during the year ending 04/2022. While expenses have increased by 2.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATIVE SUPPORT FOR LOCAL 310.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMED CLAIMS PROCESSING, ADMINISTRATIVE AND ACCOUNTING FOR BUILDING LABORERS' LOCAL 310 PENSION, HEALTH & WELFARE, SUPPLEMENTAL UNEMPLOYMENT AND ANNUITY FUNDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Fox Administrator | Officer | 40 | $211,705 |
Timothy Linville Trustee | Trustee | 1 | $0 |
Kevin Clegg Trustee | Trustee | 1 | $0 |
Sean Campbell Trustee | Trustee | 1 | $0 |
Gregg Przepiora Trustee | Trustee | 1 | $0 |
Terrence Joyce 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 | $446,342 |
Investment income | $0 |
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 | $760,358 |
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 | $0 |
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 | $360,660 |
Pension plan accruals and contributions | $103,950 |
Other employee benefits | $78,559 |
Payroll taxes | $24,571 |
Fees for services: Management | $0 |
Fees for services: Legal | $16,337 |
Fees for services: Accounting | $14,604 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,232 |
Advertising and promotion | $0 |
Office expenses | $35,552 |
Information technology | $51,862 |
Royalties | $0 |
Occupancy | $26,581 |
Travel | $3,345 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,462 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,406 |
Insurance | $4,923 |
All other expenses | $0 |
Total functional expenses | $760,358 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,069,303 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $75,380 |
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 | $9,042 |
Net Land, buildings, and equipment | $30,969 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,184,694 |
Accounts payable and accrued expenses | $272,079 |
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 | $98,238 |
Other liabilities | $814,377 |
Total liabilities | $1,184,694 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,184,694 |