International Longshoremens Association is located in Portage, IN. The organization was established in 1941. 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, International Longshoremens Association employed 55 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Longshoremens Association 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, International Longshoremens Association generated $475.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $451.9k during the year ending 12/2022. While expenses have increased by 11.2% 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
THE ORGANIZATION'S PRIMARY PURPOSE IS TO BARGAIN COLLECTIVELY ON BEHALF OF ITS MEMBERS AND TO ENFORCE THE TERMS OF THOSE COLLECTIVE BARGAINING AGREEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY ACTIVITY OF COLLECTIVE BARGAINING LEADS TO IMPROVED WAGES, HOURS OF WORK, JOB SECURITY, AND WORKING CONDITIONS FOR ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Perez III Business Agent | Officer | 10 | $13,365 |
Stephen Aldrich Financial Sec'y | Officer | 2 | $7,081 |
Todd C Aldrich President | Officer | 10 | $5,501 |
Darrin Frazier Recording Sec'y | Officer | 2 | $224 |
Nicholas Barnes Trustee | Trustee | 2 | $0 |
Brian Larue Trustee | Trustee | 2 | $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 | $199,787 |
Investment income | $126 |
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 | $475,750 |
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 | $148,998 |
Compensation of current officers, directors, key employees. | $40,919 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,922 |
Pension plan accruals and contributions | $44,933 |
Other employee benefits | $59,367 |
Payroll taxes | $14,135 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,542 |
Fees for services: Accounting | $10,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,825 |
Advertising and promotion | $16,660 |
Office expenses | $24,790 |
Information technology | $15,979 |
Royalties | $0 |
Occupancy | $14,724 |
Travel | $15,600 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,686 |
Insurance | $2,455 |
All other expenses | $450 |
Total functional expenses | $451,897 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $461,268 |
Savings and temporary cash investments | $118,389 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,322 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $63,952 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,300 |
Net Land, buildings, and equipment | $2,399 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $674,630 |
Accounts payable and accrued expenses | $98,094 |
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 | $98,094 |
Net assets without donor restrictions | $576,536 |
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 | $674,630 |