Asbestos Workers Local No 76
- Assets
- $752.8k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Albuquerque, NM
- Founding
- 07/1967
- Data as of
- 06/2022
- EIN
- 85-0091963
Organization Overview
Asbestos Workers Local No 76 is located in Albuquerque, NM. The organization was established in 1967. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. As of 06/2022, Asbestos Workers Local No 76 employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Asbestos Workers Local No 76 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, Asbestos Workers Local No 76 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 6.3% each year. All expenses for the organization totaled $971.3k during the year ending 06/2022. While expenses have increased by 7.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE AND SECURE JOB CONDITIONS FOR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASBESTOS WORKERS LOCAL #76 UNION: 220 ACTIVE AND NON-ACTIVE MEMBERS. PROVIDE EMPLOYMENT REFERRALS AND REPRESENTATION FOR MEMBERS. ESTABLISH WORKER'S RIGHTS THRU UNION ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Gonzales Treasurer | Officer | 40 | $79,539 |
Jeremie Overson President | Officer | 40 | $70,325 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $830,747 |
| Investment income | $318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,590 |
| Net Gain/Loss on Asset Sales | $338 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,104,448 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,364 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $201,485 |
| Payroll taxes | $17,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,954 |
| Fees for services: Accounting | $7,055 |
| 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 | $5,365 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $963 |
| Travel | $16,386 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,300 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,754 |
| Insurance | $38,203 |
| All other expenses | $57,718 |
| Total functional expenses | $971,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469,565 |
| Savings and temporary cash investments | $16,349 |
| 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 | $266,932 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $752,846 |
| 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 | $39,107 |
| Total liabilities | $39,107 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $713,739 |
| 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 | $752,846 |
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|---|---|---|
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Protect Our Winters Boulder, CO | $5,372,282 | $4,626,913 |
Emission Reduction Credit Corporation Of The Gulf Coast Houston, TX | $530,274 | $339,574 |
Houston Regional Monitoring Corporation Baytown, TX | $3,078,495 | $2,605,447 |
Utah Clean Air Partnership Ucair Inc Salt Lake City, UT | $1,064,362 | $1,162,029 |
Air Alliance Houston Houston, TX | $1,929,902 | $912,037 |
Asbestos Workers Local No 76 Albuquerque, NM | $752,846 | $1,104,448 |
Asbestos Workers Local 22 General Pasadena, TX | $777,451 | $1,126,559 |
South Central Partnership For Energy Efficiency As A Resource Austin, TX | $561,399 | $894,794 |
Corpus Christi Area Oil Spill Control Association Corpus Christi, TX | $1,881,653 | $601,680 |
International Association Of Heat & Frost Insulators & Allied Phoenix, AZ | $723,225 | $829,499 |