Union Independiente De Empleados Telefonicos De P R Inc is located in San Juan, PR. The organization was established in 2019. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, Union Independiente DE Empleados Telefonicos DE P R Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union Independiente DE Empleados Telefonicos DE P R Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Union Independiente DE Empleados Telefonicos DE P R Inc generated $384.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $385.4k during the year ending 06/2022. 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
PROTECT AND PROMOTE THE INTEREST OF THE MEMBERS BY BARGAINING COLLECTIVE TO SECURE BETTER WORKING CONDITIONS WAGES AND BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT REQUIRED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joanne Maestre Treasurer | Officer | 40 | $39,162 |
Carmen L Elias Secretary | Officer | 40 | $16,896 |
Nyvia Rivera Vicepresident | Officer | 40 | $14,011 |
Juan J Gomez General Rep | Officer | 40 | $13,680 |
Felix Negron Metro Rep | Officer | 40 | $11,417 |
Rafael J Costas Vicepresident | Officer | 40 | $11,386 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $340,009 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,214 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $350,223 |
Total Program Service Revenue | $0 |
Investment income | $33,923 |
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 | $384,146 |
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. | $52,235 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $105,866 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $18,944 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,387 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,426 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $629 |
Interest | $1,625 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,080 |
Insurance | $12,310 |
All other expenses | $86,954 |
Total functional expenses | $385,380 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,814 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,000 |
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 | $192,107 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $942,062 |
Intangible assets | $0 |
Other assets | $11,111 |
Total assets | $1,165,094 |
Accounts payable and accrued expenses | $16,573 |
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 | $16,573 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $1,148,521 |
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 | $1,165,094 |