Massachusetts Laborers Highway Unified Tr

Organization Overview

Massachusetts Laborers Highway Unified Tr is located in Hopkinton, MA. The organization was established in 1998. 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, Massachusetts Laborers Highway Unified Tr employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Laborers Highway Unified Tr 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, Massachusetts Laborers Highway Unified Tr generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 12.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IDENTIFY AND EXPAND WORK OPPORTUNITIES AND TO PROMOTE THE ECONOMIC COMPETITIVENESS OF THE UNION AND THE EMPLOYERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPORT AND BENEFIT PAYMENTS ON BEHALF OF MEMBER EMPLOYERS IN ORDER TO INSURE THAT THE UNION EMPLOYERS REMAIN COMPETITIVE IN THE INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
John Tranghese
Director
$156,729
Joseph Bonfiglio
Chairman
$0
Thomas Andrews
Trustee
$0
Ken Straney
Trustee
$0
Robert Toomey
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,885,892
Fundraising events$0
Related organizations$346,534
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$3,232,426
Total Program Service Revenue$0
Investment income $23,162
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 $3,255,588

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