Laborers International Union Of North America is located in Birmingham, AL. The organization was established in 1964. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2024, Laborers International Union Of North America employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Laborers International Union Of North America is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, Laborers International Union Of North America generated $830.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $923.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING THE SOCIAL AND ECONOMIC ADVANCEMENT OF THE UNION MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR UNION/LABOR ORGANIZATION - MEMBERS SERVED 710.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Davis III Bus Manager | Officer | 40 | $159,238 |
Eddie Fluker President | Officer | 2 | $2,400 |
Walter Wilson Recording Se | Officer | 2 | $2,000 |
Robbie Smith Auditor | Officer | 2 | $1,800 |
Donna Carter Executive Ba | Officer | 2 | $0 |
Ricky Farner Executive Bo | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $719,372 |
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 | $719,372 |
Total Program Service Revenue | $0 |
Investment income | $103,132 |
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 | $830,104 |
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 | $3,000 |
Compensation of current officers, directors, key employees. | $257,735 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $124,898 |
Pension plan accruals and contributions | $64,493 |
Other employee benefits | $26,286 |
Payroll taxes | $47,828 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,666 |
Fees for services: Accounting | $8,375 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,186 |
Fees for services: Other | $0 |
Advertising and promotion | $15,129 |
Office expenses | $26,176 |
Information technology | $10,648 |
Royalties | $0 |
Occupancy | $26,127 |
Travel | $6,051 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $32,345 |
Interest | $24 |
Payments to affiliates | $163,961 |
Depreciation, depletion, and amortization | $48,349 |
Insurance | $15,436 |
All other expenses | $2,128 |
Total functional expenses | $922,960 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $246,509 |
Savings and temporary cash investments | $3,770,807 |
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 | $495,589 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,512,905 |
Accounts payable and accrued expenses | $31,820 |
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 | $31,820 |
Net assets without donor restrictions | $4,481,085 |
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 | $4,512,905 |