Alaska Laborers Building Corporatio is located in Anchorage, AK. The organization was established in 1981. 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. Alaska Laborers Building Corporatio is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Alaska Laborers Building Corporatio generated -$38.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TITLE HOLDING CORPORATION- NET INCOME TURNED OVER TO LABOR ORG. EXEMPT UNDER SECTION 501 (C)(5)
Describe the Organization's Program Activity:
Part 3 - Line 4a
TITLE HOLDING CORPORATION - NET INCOME TURNED OVER TO LABOR ORGINIZATION EXEMPT UNDER SECTION 501(C)(5)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Pete Dahl Sergeant At Arms | OfficerTrustee | 1 | $0 |
Wes Canfield Recording Secretary | OfficerTrustee | 1 | $0 |
Paul Larsen Executive Board | OfficerTrustee | 1 | $0 |
David Littleton Executive Board | OfficerTrustee | 1 | $0 |
Sergio Acuna Vice President | OfficerTrustee | 1 | $0 |
Augustine Merrick II Sec./treas. - Business Mgr | 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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $35,000 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$73,831 |
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 | -$38,831 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,878 |
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 | $1,469 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $6,347 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $73,451 |
Savings and temporary cash investments | $0 |
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 | $1,146,686 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,220,137 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $1,220,137 |
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 | $1,220,137 |
Organization Name | Assets | Revenue |
---|---|---|
Laborers International Union Of North America Des Moines, WA | $22,238,394 | $12,226,526 |
International Brotherhood Of Electrical Workers Marysville, WA | $9,702,365 | $6,526,965 |
International Brotherhood Of Teamsters Tukwila, WA | $9,283,840 | $9,058,978 |
Service Employees International Union Seattle, WA | $12,968,885 | $9,224,067 |
International Longshore & Warehouse Union Douglas, AK | $1,219,651 | $7,519,072 |
International Brotherhood Of Teamsters Anchorage, AK | $11,553,934 | $7,778,882 |
United Association Of Journeyman & Ppf Washington State Assn Tacoma, WA | $4,127,007 | $6,123,423 |
Laborers International Union Of North America Seattle, WA | $10,407,005 | $6,190,296 |
Alaska Travel Industry Association Incorporated Anchorage, AK | $3,812,190 | $5,541,224 |
Nea Alaska Inc Juneau, AK | $19,990,068 | $7,263,268 |
Pacific Northwest Ironworkers & Employers Apprenticeship Mercer Island, WA | $10,401,598 | $6,500,129 |
United Asso Journeymen & Appr Of The Plumbing & Pipe Us & Canada Burlington, WA | $7,689,529 | $5,109,518 |