U A Local 38 Group Supplemental Unemployment Benefit Trust is located in San Francisco, CA. The organization was established in 1975. According to its NTEE Classification (Y24) the organization is classified as: Supplemental Unemployment Compensation, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U A Local 38 Group Supplemental Unemployment Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2021, U A Local 38 Group Supplemental Unemployment Benefit Trust generated $802.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $2.3m during the year ending 06/2021. 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
TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SUPPLEMENTAL UNEMPLOYMENT BENEFITS IN ACCORDANCE WITH TERMS OF THE COLLECTIVE BARGANING AGREEMENT TO PARTICIPANTS MEETING CERTAIN ELIGIBILITY REQUIREMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert E Buckley Jr Trustee | Trustee | 0.1 | $0 |
Milt Goodman Trustee | Trustee | 0.1 | $0 |
Armand Kilijian Treasurer | Trustee | 0.1 | $0 |
Bill Blackwell Trustee | Trustee | 0.1 | $0 |
Frank Reardon Secretary | Trustee | 0.1 | $0 |
John Chiarenza Trustee | Trustee | 0.1 | $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 | $802,427 |
Investment income | $0 |
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 | $802,427 |
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 | $2,206,502 |
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 | $10,130 |
Pension plan accruals and contributions | $5,891 |
Other employee benefits | $2,453 |
Payroll taxes | $1,136 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,271 |
Fees for services: Accounting | $17,420 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,644 |
Advertising and promotion | $183 |
Office expenses | $9,377 |
Information technology | $293 |
Royalties | $0 |
Occupancy | $857 |
Travel | $288 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $343 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,137 |
All other expenses | $49 |
Total functional expenses | $2,284,974 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $478,136 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $65,000 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $543,136 |
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 | $430,675 |
Total liabilities | $430,675 |
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 | $112,461 |
Total liabilities and net assets/fund balances | $543,136 |