Motion Picture Projectionists And V Ideo Technicians 110
- Assets
- $856.0k
- Revenue
- $413.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Chicago, IL
- Founding
- 04/1941
- Data as of
- 12/2021
- EIN
- 36-0902920
Organization Overview
Motion Picture Projectionists And V Ideo Technicians 110 is located in Chicago, IL. 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 12/2021, Motion Picture Projectionists And V Ideo Technicians 110 employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Motion Picture Projectionists And V Ideo Technicians 110 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Motion Picture Projectionists And V Ideo Technicians 110 generated $413.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $647.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) 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
THE PRIMARY PURPOSE OF LOCAL 110 OF MOTION PICTURE PROJECTIONSIST AND VIDEO TECHNICIANS (AFL-CIO) UNION IS TO PROVIDE BENEFITS TO ITS MEMBERS. THERE WERE APPROXIMATELY 361 MEMBERS AS OF DECEMBER 31, 2021.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Altman Business Manager/secr/trea | Officer | 40 | $102,060 |
Kenneth Rapier President | Officer | 40 | $22,496 |
Donald G Hunter Executive Board | Officer | 1 | $0 |
Newlyn H Stephenson Jr Sergeant At Arms | Officer | 1 | $0 |
Stanley R Maxberry Jr Executive Board | Trustee | 1 | $0 |
Nicholas J Dicostanzo Executive Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $135,903 |
| 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 | $135,903 |
| Total Program Service Revenue | $0 |
| Investment income | $277 |
| 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 | $413,270 |
| 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. | $124,556 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,840 |
| Pension plan accruals and contributions | $21,940 |
| Other employee benefits | $100,320 |
| Payroll taxes | $17,086 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,130 |
| Fees for services: Accounting | $13,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,300 |
| Office expenses | $133,183 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,473 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,130 |
| Insurance | $27,156 |
| All other expenses | $4,016 |
| Total functional expenses | $647,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,413 |
| Savings and temporary cash investments | $502,287 |
| 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 | $243,290 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $855,990 |
| Accounts payable and accrued expenses | $150,000 |
| 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 | $98,672 |
| Total liabilities | $248,672 |
| 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 | $607,318 |
| Total liabilities and net assets/fund balances | $855,990 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Motion Picture Projectionists And V Ideo Technicians 110 has recieved totaling $28,000.
| Awarding Organization | Amount |
|---|---|
International Alliance Theatrical Stage Employees & Moving Picture M Chicago, IL PURPOSE: GRANT ASSISTANCE | $14,000 |
International Alliance Theatrical Stage Employees & Moving Picture M Chicago, IL PURPOSE: GRANT ASSISTANCE | $14,000 |