American Federation Of Labor & Congress Of Industrial Orgs is located in Newburgh, NY. The organization was established in 1956. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Federation Of Labor & Congress Of Industrial Orgs 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, American Federation Of Labor & Congress Of Industrial Orgs generated $114.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $95.2k during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AN ORGANIZATION WHICH OPERATES FOR THE SOLE DISCRETION OF ITS MEMBER ORGANIZATIONS IN REGARD TO EMPLOYEE SAFETY, BENEFITS, WELL-BEING AND JOB OPPORTUNITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Todd Diorio President | 1 | $8,000 | |
Sam Fratto Vice Preside | 1 | $500 | |
Anthony Speziale Vice Preside | 1 | $500 | |
Robert Ambrosetti Treasurer | 1 | $2,500 | |
Matthew Stoddard Recording-Se | 1 | $1,500 | |
Michael Gaydos Retired 06/2 | 1 | $1,000 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $91,050 |
| Investment income | $1,076 |
| Gain or Loss | -$318 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23,003 |
| Total Revenue | $114,811 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,000 |
| Professional fees and other payments to independent contractors | $9,006 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $713 |
| Other expenses | $54,259 |
| Total expenses | $95,243 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,481 |
| Other assets | $0 |
| Total assets | $166,481 |
| Total liabilities | $0 |
| Net assets or fund balances | $166,481 |