Iatse Local 80 is located in Burbank, CA. The organization was established in 1941. 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, Iatse Local 80 employed 19 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Iatse Local 80 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, Iatse Local 80 generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 2.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION IS A UNION SET UP TO DEVELOP AND IMPROVE WORKING CONDITIONS OF MOTION PICTURE STUDIO GRIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION IS A UNION SET UP TO DEVELOP AND IMPROVE WORKING CONDITIONS OF MOTION PICTURE STUDIO GRIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Davis Business Agent | OfficerTrustee | 53 | $173,640 |
Thomas Valentin Secretary-Treasurer | OfficerTrustee | 53 | $160,537 |
Michael Mendez Officer | OfficerTrustee | 53 | $29,886 |
Adriana DE La Cruz Officer | OfficerTrustee | 0 | $0 |
Damon Doherty Officer | OfficerTrustee | 0 | $0 |
Paul Emmons Officer | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,634,331 |
Fundraising events | $0 |
Related organizations | $36,400 |
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 | $4,670,731 |
Total Program Service Revenue | $0 |
Investment income | $3,439 |
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 | $13,192 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,857,419 |
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 | $61,055 |
Compensation of current officers, directors, key employees. | $364,063 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $995,027 |
Pension plan accruals and contributions | $275,674 |
Other employee benefits | $0 |
Payroll taxes | $107,573 |
Fees for services: Management | $0 |
Fees for services: Legal | $215,231 |
Fees for services: Accounting | $30,650 |
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 | $128,155 |
Information technology | $35,845 |
Royalties | $0 |
Occupancy | $297,393 |
Travel | $2,585 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,569 |
Interest | $0 |
Payments to affiliates | $899,540 |
Depreciation, depletion, and amortization | $43,674 |
Insurance | $36,012 |
All other expenses | $8,261 |
Total functional expenses | $3,670,420 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $199,294 |
Savings and temporary cash investments | $4,231,579 |
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 | $125,262 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,260,867 |
Total assets | $10,817,002 |
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 | $302,835 |
Total liabilities | $302,835 |
Net assets without donor restrictions | $10,514,167 |
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 | $10,817,002 |