National Railway Labor Conference 7324 Rrb No

Organization Overview

National Railway Labor Conference 7324 Rrb No is located in Arlington, VA. The organization was established in 1965. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. As of 12/2021, National Railway Labor Conference 7324 Rrb No employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Railway Labor Conference 7324 Rrb No is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, National Railway Labor Conference 7324 Rrb No generated $12.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $10.4m during the year ending 12/2021. While expenses have increased by 1.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NATIONAL REPRESENTATION OF RAILROAD INDUSTRY. REPRESENTS PARTICIPATING RAILROADS IN MATTERS INVOLVING RAILROAD LABOR RELATIONS, INCLUDING MULTIEMPLOYER COLLECTIVE BARGAINING WITH VARIOUS LABOR ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REPRESENTATION OF PARTICIPATING RAILROADS IN NEGOTIATIONS WITH PARTICIPATING LABOR ORGANIZATIONS IN CONNECTION WITH RATES OF PAY, RULES, AND WORKING CONDITIONS ON A NATIONAL BASIS.


MANAGEMENT AND OPERATION OF COLLECTIVELY BARGAINED NATIONAL RAILROAD EMPLOYEE BENEFIT PLANS.


RESEARCH, INTERPRETATION, AND DISSEMINATION OF INFORMATION AND/OR ADVICE RELATIVE TO NATIONAL AND LOCAL AGREEMENTS.


LIAISON IN CONNECTION WITH LEGISLATIVE MATTERS AFFECTING THE RAILROAD INDUSTRY (I.E. RAILROAD RETIREMENT, RAILROAD UNEMPLOYMENT INSURANCE, RAILWAY LABOR ACT, ETC.).


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jones Day
Legal
$2,103,456
Nixon Peabody
Legal
$733,818
Oliver Wyman
Legal
$365,888
Dcs Consulting Llc
Consulting
$322,369
Madalena Consulting Llc
Consulting
$215,650
View All Vendors

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$10,881,111
Investment income $9,188
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $511
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,455,580

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