International Longshoremens Association is located in Savannah, GA. The organization was established in 1960. 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, International Longshoremens Association employed 45 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Longshoremens Association 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, International Longshoremens Association generated $2.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE UNION PROVIDES ALL OF THE TRADITIONAL SERVICES OF A LOCAL LABOR UNION TO ITS MEMBERS AT THE PORT OF SAVANNAH, GEORGIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT REQUIRED FOR 501(C)(5)
NOT REQUIRED FOR 501(C)(5)
NOT REQUIRED FOR 501(C)(5)
NOT REQUIRED FOR 501(C)(5)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Sims President | Officer | 70 | $201,579 |
Teri E Williams Treasurer | Officer | 20 | $76,207 |
Michael Parsons VP (deck & D | Officer | 20 | $72,426 |
Elizabeth Tilton Recording Se | Officer | 14 | $47,969 |
H Curtis Jenkins Business Age | Officer | 14 | $41,135 |
Marvin Jenkins Vice Preside | Officer | 7 | $20,088 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,939,997 |
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 | $1,939,997 |
Total Program Service Revenue | $0 |
Investment income | $49,169 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$5,604 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,120,923 |
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 | $0 |
Compensation of current officers, directors, key employees. | $459,404 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $519,516 |
Pension plan accruals and contributions | $91,968 |
Other employee benefits | $118,318 |
Payroll taxes | $73,056 |
Fees for services: Management | $0 |
Fees for services: Legal | $71,678 |
Fees for services: Accounting | $28,870 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $15,152 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $7,893 |
Information technology | $85,648 |
Royalties | $0 |
Occupancy | $49,655 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $65,205 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,336 |
Insurance | $21,672 |
All other expenses | $34,277 |
Total functional expenses | $1,719,032 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $338,506 |
Savings and temporary cash investments | $266,845 |
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 | $113,480 |
Investments—publicly traded securities | $1,596,353 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,315,184 |
Accounts payable and accrued expenses | $7,192 |
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 | $7,192 |
Net assets without donor restrictions | $2,307,992 |
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 | $2,315,184 |