Carpenters Local Union 218 is located in Medford, MA. As of 06/2017, Carpenters Local Union 218 employed 16 individuals. Carpenters Local Union 218 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2017, Carpenters Local Union 218 generated $380.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $331.3k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE WORKERS AND SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS, AND OTHER ECONOMIC ADVANTAGES FOR THEM THROUGH ORGANIZATION, NEGOTIATIONS, AND COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE WORKERS AND SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS, AND OTHER ECONOMIC ADVANTAGES FOR APPROXIMATELY 990 MEMBERS THROUGH ORGANIZATION, NEGOTIATIONS, AND COLLECTIVE BARGAINING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Marshall Financ'l Sec'ty | OfficerTrustee | 1 | $3,231 |
Michael Marshall Treasurer | OfficerTrustee | 1 | $3,230 |
Paul Hughes President | OfficerTrustee | 1 | $3,227 |
Richard Pedi Recording Sect. | OfficerTrustee | 1 | $3,227 |
Ross Wile Jr Conductor | OfficerTrustee | 1 | $2,155 |
Jeffrey Donahue Vice President | OfficerTrustee | 1 | $2,154 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $2 |
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 | $380,070 |
Statement of Expenses | |
---|---|
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. | $25,840 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $47,289 |
Pension plan accruals and contributions | $2,217 |
Other employee benefits | $19,373 |
Payroll taxes | $9,612 |
Fees for services: Management | $0 |
Fees for services: Legal | $70 |
Fees for services: Accounting | $4,800 |
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 | $10,345 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $50,740 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,467 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,345 |
Insurance | $1,794 |
All other expenses | $0 |
Total functional expenses | $331,310 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $418,550 |
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 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,425 |
Total assets | $507,320 |
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 | $507,320 |
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 |
Total liabilities and net assets/fund balances | $507,320 |
Over the last fiscal year, we have identified 1 grants that Carpenters Local Union 218 has recieved totaling $25,272.
Awarding Organization | Amount |
---|---|
United Brotherhood Of Carpenters & Joiners Of America Boston, MA PURPOSE: GRANT TO PROMOTE MEMBER ACTIVISM/RETENTION | $25,272 |
Organization Name | Assets | Revenue |
---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Philadelphia Post-Acute Partnersllc Philadelphia, PA | $76,499,158 | $101,068,675 |
Urs Federal Support Services Inc Veba Trust Welfare Benefits Plan Boston, MA | $7,183,166 | $100,020,557 |
Connecticut Foodshare Inc Wallingford, CT | $64,587,641 | $98,816,890 |