U A W 1576
- Assets
- $50.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beloit, WI
- Founding
- 06/1941
- Data as of
- 12/2022
- EIN
- 36-3877199
Organization Overview
U A W 1576 is located in Beloit, WI. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. U A W 1576 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, U A W 1576 generated $18.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $17.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COLLECTIVE BARGAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Steimetz Vice-President | 1 | $0 | |
Chris Harry President | 2 | $0 | |
Jeff Staas Rec Secretaryt | 2 | $0 | |
Sauk Vargas Finl Sectretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,579 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $80 |
| Total Revenue | $18,666 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $196 |
| Salaries, other compensation, and employee benefits | $2,188 |
| Professional fees and other payments to independent contractors | $960 |
| Occupancy, rent, utilities, and maintenance | $2,235 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,815 |
| Total expenses | $17,394 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,545 |
| Other assets | $0 |
| Total assets | $50,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,545 |