Plumbers Local 360 is located in Collinsville, IL. The organization was established in 1951. 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. Plumbers Local 360 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, Plumbers Local 360 generated $462.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $423.3k during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 8 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
LOCAL LABOR UNION ORGANIZATION ORGANIZED TO PROVIDE FOR ITS MEMBERS THROUGH JOB PLACEMENT, WAGE AND BENEFIT NEGOTIATIONS, REPRESENTATION AND A BETTER QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A MEMBER LOCAL OF AN INTERNATIONAL LABOR UNION WHICH WAS FORMED TO PROMOTE WORKING CONDITIONS FOR ITS MEMBERS.
LOCAL PARTICIPATES IN A UNION WIDE PROJECT TO INCREASE THE AVAILABLE WORK FOR THEIR CRAFT ON CERTAIN PROJECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald Degonia Bus Mgr/finl | OfficerTrustee | 60 | $103,550 |
Raymond Rayburn Inside Guard | OfficerTrustee | 1 | $0 |
Kyle Downey Vice President | OfficerTrustee | 1 | $0 |
Eldon Mize President | OfficerTrustee | 1 | $0 |
Nathaneal Skosky Recording Sec. | OfficerTrustee | 2 | $0 |
Robert Barger Executive Board | OfficerTrustee | 0 | $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 | $448,521 |
Investment income | $2,234 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,006 |
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 | $462,704 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $17,383 |
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. | $182,227 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,519 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,729 |
Fees for services: Management | $0 |
Fees for services: Legal | $880 |
Fees for services: Accounting | $5,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,822 |
Office expenses | $12,676 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,405 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,792 |
Interest | $557 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,857 |
Insurance | $5,172 |
All other expenses | $1,943 |
Total functional expenses | $423,311 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $223,304 |
Savings and temporary cash investments | $124,759 |
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 | $82,264 |
Investments—publicly traded securities | $25,014 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $455,341 |
Accounts payable and accrued expenses | $4,876 |
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 | $9,943 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2 |
Total liabilities | $14,821 |
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 | $440,520 |
Total liabilities and net assets/fund balances | $455,341 |
Over the last fiscal year, Plumbers Local 360 has awarded $82,533 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
GOULD FLOORING | | | $14,190 |
SOUTHWESTERN CONSTRUCTION | | | $55,769 |
VARIOUS CHARITIES | | | $12,574 |