Iuoe 318a-318b-318c-318ra is located in Marion, 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 12/2023, Iuoe 318a-318b-318c-318ra employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iuoe 318a-318b-318c-318ra is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Iuoe 318a-318b-318c-318ra generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR ORGANIZATION SERVICING MEMBERS; PROGRAM DIRECTED TOWARD ORGANIZING EMPLOYEES; CONTRACT NEGOTIATIONS; AND WORK REFERRALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jay Elders Business Manager (end Of Yr) | OfficerTrustee | 50 | $108,405 |
Todd Sissom Vice-President | OfficerTrustee | 1 | $0 |
Brad Burris President | OfficerTrustee | 1 | $0 |
Justin Shultz Recording Secretary | OfficerTrustee | 50 | $89,770 |
James Dillow Financial Secretary | OfficerTrustee | 50 | $106,903 |
Jeremy Hickam Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,639,507 |
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 | $1,639,507 |
Total Program Service Revenue | $0 |
Investment income | $17,311 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$6,357 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$3,111 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,659,876 |
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 | $15,830 |
Compensation of current officers, directors, key employees. | $453,058 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $223,981 |
Pension plan accruals and contributions | $139,367 |
Other employee benefits | $149,138 |
Payroll taxes | $47,858 |
Fees for services: Management | $0 |
Fees for services: Legal | $17,269 |
Fees for services: Accounting | $13,687 |
Fees for services: Lobbying | $19,363 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,132 |
Advertising and promotion | $6,792 |
Office expenses | $45,038 |
Information technology | $40,749 |
Royalties | $0 |
Occupancy | $46,518 |
Travel | $48,425 |
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 | $151,212 |
Depreciation, depletion, and amortization | $79,934 |
Insurance | $33,182 |
All other expenses | $1,045 |
Total functional expenses | $1,625,318 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $348,758 |
Savings and temporary cash investments | $1,180,554 |
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 | $654,762 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,184,074 |
Accounts payable and accrued expenses | $0 |
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 | $67,662 |
Total liabilities | $67,662 |
Net assets without donor restrictions | $2,116,412 |
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 | $2,184,074 |