International Longshoremens Association is located in Newark, NJ. The organization was established in 1944. 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, International Longshoremens Association employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Longshoremens Association 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, International Longshoremens Association generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 3.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT UNION MEMBERS AND TO ADVOCATE THEIR VIEWS WITH THEIR EMPLOYERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO REPRESENT UNION MEMBERS AND TO ADVOCATE THEIR VIEWS WITH THEIR EMPLOYERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Cuozzo President | OfficerTrustee | 40 | $278,479 |
Orbito Diaz Treasurer | OfficerTrustee | 40 | $173,146 |
William Machado Sgt At Arms | Trustee | 1 | $0 |
Robert Moreno Recording Secretary | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
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 | $0 |
Total Program Service Revenue | $848,753 |
Investment income | $20,478 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $134,055 |
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 | $1,003,286 |
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 | $0 |
Compensation of current officers, directors, key employees. | $449,782 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $96,929 |
Pension plan accruals and contributions | $35,280 |
Other employee benefits | $81,538 |
Payroll taxes | $42,056 |
Fees for services: Management | $0 |
Fees for services: Legal | $45,443 |
Fees for services: Accounting | $43,091 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $15,920 |
Office expenses | $38,710 |
Information technology | $6,258 |
Royalties | $0 |
Occupancy | $22,133 |
Travel | $24,935 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $40,540 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,762 |
Insurance | $24,156 |
All other expenses | $742 |
Total functional expenses | $1,074,084 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $679,041 |
Savings and temporary cash investments | $1,147,829 |
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 | $174,317 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,001,187 |
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 | $6,000 |
Total liabilities | $6,000 |
Net assets without donor restrictions | $1,995,187 |
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 | $2,001,187 |