Iupat District Council No 51 Labor Management Fund
- Assets
- $261.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lanham, MD
- Founding
- Data as of
- 12/2022
- EIN
- 82-3321574
Organization Overview
Iupat District Council No 51 Labor Management Fund is located in Lanham, MD. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Iupat District Council No 51 Labor Management Fund 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, Iupat District Council No 51 Labor Management Fund generated $54.9k 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 (6.8%) each year. All expenses for the organization totaled $8.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FUND WILL PROVIDE A REWARDS-BASED VOLUNTARY TRAINING PROGRAM, PROVIDING TRAINING OPPORTUNITIES TO MEMBERS OF THE INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO. 51 AND REWARDING THOSE WHO MEET TRAINING REQUIREMENTS. THE FUND WILL PROMOTE SAFETY AWARENESS AND TRAINING, ALONG WITH JOB SKILLS ENHANCEMENT FOR UNION MEMBERS IN THE COMMERCIAL AND INDUSTRIAL PAINTING, DRYWALL AND GLAZING INDUSTRIES. THE FUND WILL BE USED TO HELP INCREASE THE MARKET SHARE OF UNIONIZED BUSINESSES IN THE COMMERCIAL AND INDUSTRIAL PAINTING, DRYWALL AND GLAZING INDUSTRIES BY PROVIDING HEALTH AND WELFARE BENEFITS TO UNION MEMBERS. THIS WILL ENABLE UNIONIZED CONTRACTORS IN THESE INDUSTRIES TO EXPAND WORK OPPORTUNITIES FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Courtien Trustee | 2 | $0 | |
Charlie Parker Trustee | 2 | $0 | |
Andy Canter Trustee | 2 | $0 | |
Sean Conto Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,858 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,858 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,140 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,742 |
| Total expenses | $8,882 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $261,725 |
| Other assets | $0 |
| Total assets | $261,725 |
| Total liabilities | $0 |
| Net assets or fund balances | $261,725 |