International Union Of Elevator Constructors
- Assets
- $1.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Halethorpe, MD
- Founding
- 08/1944
- Data as of
- 06/2021
- EIN
- 52-0364290
Organization Overview
International Union Of Elevator Constructors is located in Halethorpe, MD. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2021, International Union Of Elevator Constructors employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Union Of Elevator Constructors is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2021, International Union Of Elevator Constructors generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. While expenses have increased by 3.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF LOCAL NO. 7 IS TO ASSIST MEMBERS IN SECURING EMPLOYMENT, TO MAINTAIN A FAIR STANDARD OF WAGES, AND TO PROTECT THE JURISDICTION OF THE CRAFT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF LOCAL NO. 7 IS TO ASSIST MEMBERS IN SECURING EMPLOYMENT, TO MAINTAIN A FAIR STANDARD OF WAGES, AND TO PROTECT THE JURISDICTION OF THE CRAFT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Nutting Bus. Manager/fin. Secr | Officer | 50 | $155,066 |
Jason Danker Business Representative | Officer | 50 | $137,843 |
Nick Manna Vice President | Officer | 1 | $0 |
Dean Piper Correspondent To Journal-Previous | Officer | 1 | $0 |
Michael Bojarski Correspondent To Journal | Officer | 1 | $0 |
Vincent Watts Jr Recording Secretary-Previous | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $837 |
| 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 | $1,111,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $72,563 |
| Compensation of current officers, directors, key employees. | $466,373 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,825 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,050 |
| Advertising and promotion | $0 |
| Office expenses | $15,708 |
| Information technology | $35 |
| Royalties | $0 |
| Occupancy | $12,300 |
| Travel | $19,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,255 |
| Interest | $76 |
| Payments to affiliates | $333,225 |
| Depreciation, depletion, and amortization | $782 |
| Insurance | $12,361 |
| All other expenses | $0 |
| Total functional expenses | $1,026,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,110 |
| Savings and temporary cash investments | $1,357,767 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,846,782 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,846,782 |