Laborers International Union Of North America is located in Anchorage, AK. The organization was established in 1968. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Laborers International Union Of North America employed 16 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 12/2021, Laborers International Union Of North America generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNION REPRESENTATION OF MEMBERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISBURSEMENTS USED TO ORGANIZE LABOR, SECURE BETTER WAGES, HOURS, BENEFITS AND WORKING CONDITIONS FOR ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jordan Adams Secretary Treasurer | OfficerTrustee | 40 | $141,175 |
William Meers Executive Board | OfficerTrustee | 40 | $113,717 |
Tod Peplow President Through 5/21 | OfficerTrustee | 1 | $0 |
Catherine Lavender VP Thru 6/21, Then President | OfficerTrustee | 1 | $0 |
Matthew Cruikshank Rec. Sec. Thru 6/21, Then VP | OfficerTrustee | 1 | $0 |
Philip Petrie Executive Board | OfficerTrustee | 1 | $0 |
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 | $19,119 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $19,119 |
Total Program Service Revenue | $2,310,107 |
Investment income | $42,608 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $72,968 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$313 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,444,489 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,599 |
Grants and other assistance to domestic individuals. | $15,869 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $366,226 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $439,343 |
Pension plan accruals and contributions | $129,370 |
Other employee benefits | $115,633 |
Payroll taxes | $58,030 |
Fees for services: Management | $0 |
Fees for services: Legal | $701 |
Fees for services: Accounting | $18,313 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,300 |
Fees for services: Other | $23,072 |
Advertising and promotion | $7,913 |
Office expenses | $51,522 |
Information technology | $41,393 |
Royalties | $0 |
Occupancy | $72,530 |
Travel | $59,101 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,800 |
Interest | $0 |
Payments to affiliates | $669,785 |
Depreciation, depletion, and amortization | $0 |
Insurance | $960 |
All other expenses | $0 |
Total functional expenses | $2,160,834 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $144,485 |
Savings and temporary cash investments | $65,636 |
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 | $0 |
Investments—publicly traded securities | $2,073,720 |
Investments—other securities | $1,283,861 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,567,702 |
Accounts payable and accrued expenses | $50,881 |
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 | $50,881 |
Net assets without donor restrictions | $0 |
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 | $3,516,821 |
Total liabilities and net assets/fund balances | $3,567,702 |