Retail Wholesale & Department Store Union
- Assets
- $2.3m
- Revenue
- $1.5m
- Investments
- $25.0k
- Employees
- 54
- Location
- New York, NY
- Founding
- 08/1943
- Data as of
- 12/2022
- EIN
- 13-5591972
Organization Overview
Retail Wholesale & Department Store Union, operating under the name Local 1-S, is located in New York, NY. The organization was established in 1943. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, Local 1-S employed 54 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Local 1-S is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Local 1-S generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNION REPRESENTATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTATION OF UNION MEMBERSHIP COMPRISED OF APPROXIMATELY 2,000 WORKERS. ENFORCEMENT/NEGOTIATION OF COLLECTIVE BARGAINING AGREEMENT(S). PROMOTION/ADVOCACY OF WORKER-MEMBERS' PROTECTIONS, RIGHTS & BENEFITS, INCLUDING BETTERMENT OF CONDITIONS, IMPROVEMENT OF GOODS/SERVICES, AND DEVELOPMENT OF GREATER EFFICIENCIES IN THE WORKPLACE. IMPLEMENTED THROUGH REGULAR MEETINGS WITH MEMBERSHIP & BOARD, COMMUNICATIONS WITH EMPLOYER, INVESTIGATION/ARBRITRATION OF GRIEVANCES, PARTICIPATION IN LABOR ORGANIZATION CONFERENCES, AND PUBLISHING OF UNION NEWSPAPER.
DEATH (FUNERAL) BENEFITS, EDUCATIONAL GRANTS/SCHOLARSHIPS, AND SOCIAL SERVICE/HARDSHIP ASSISTANCE TO QUALIFYING MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angella Harding President | Officer | 40 | $144,923 |
Ronald Chencinski Treasurer | Officer | 40 | $99,332 |
Felix Ocasio Recorder | Officer | 40 | $58,020 |
Michael Jones Vice President | Officer | 40 | $69,107 |
Curtis West Vice President | Officer | 40 | $67,370 |
Sherry Elder Vice President | Officer | 40 | $64,329 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,267,774 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $159,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,445,974 |
| Total Program Service Revenue | $0 |
| Investment income | $139,221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$45,502 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,539,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $36,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $503,081 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,791 |
| Pension plan accruals and contributions | $69,575 |
| Other employee benefits | $77,708 |
| Payroll taxes | $49,963 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,048 |
| Fees for services: Accounting | $48,250 |
| 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 | $17,592 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,222 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,268 |
| Interest | $112 |
| Payments to affiliates | $418,733 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,981 |
| All other expenses | $63,946 |
| Total functional expenses | $1,538,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,028 |
| Savings and temporary cash investments | $120,216 |
| 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 | $32,880 |
| Investments—publicly traded securities | $1,396,685 |
| Investments—other securities | $25,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $723,255 |
| Total assets | $2,334,064 |
| Accounts payable and accrued expenses | $44,797 |
| 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 | $150,000 |
| Other liabilities | $8,653 |
| Total liabilities | $203,450 |
| Net assets without donor restrictions | $2,130,614 |
| 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 | $2,334,064 |