Graphic Arts Local 62b-Printing Industries Union Shop Welfare Trus
- Assets
- $882.3k
- Revenue
- $207.4k
- Investments
- $0.0
- Employees
- 0
- Location
- W Caldwell, NJ
- Founding
- 01/1959
- Data as of
- 03/2022
- EIN
- 22-6063285
Organization Overview
Graphic Arts Local 62b-Printing Industries Union Shop Welfare Trus, operating under the name Union Shop Welfare Tst Fund, is located in W Caldwell, NJ. The organization was established in 1959. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union Shop Welfare Tst Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 03/2022, Union Shop Welfare Tst Fund generated $207.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $59.9k during the year ending 03/2022. 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
HEALTH BENEFIT FUND
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OF THE FUND EXPENSES ARE NECESSARY IN PROVIDING HEALTH AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Selnow Trustee | OfficerTrustee | 2 | $0 |
Melinda Outwater Administrator | Officer | 2 | $0 |
Kevin Passante Trustee | Trustee | 2 | $0 |
Financial Statements
| 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 | $176,621 |
| Investment income | $13,432 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,267 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,355 |
| 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 | $29,614 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,802 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,475 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $59,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,175 |
| Savings and temporary cash investments | $10,397 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,259 |
| 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 | $0 |
| Investments—publicly traded securities | $677,425 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $882,256 |
| Accounts payable and accrued expenses | $15,576 |
| 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 | $15,576 |
| Net assets without donor restrictions | $0 |
| 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 | $866,680 |
| Total liabilities and net assets/fund balances | $882,256 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |
University Of Pennsylvania Press Incorporated Philadelphia, PA | $1,805,477 | $4,286,513 |
American Booksellers Assoc Inc White Plains, NY | $43,213,298 | $1,963,902 |
Repertoire International De Litterature Musicale Inc New York, NY | $4,304,080 | $5,123,907 |
Der Yid Inc Brooklyn, NY | $601,849 | $3,417,287 |
The 74 Media Inc New York, NY | $2,838,381 | $4,344,450 |
Foundation For Cultural Review Inc New York, NY | $12,052,369 | $4,249,129 |
Association Of Boards In Theological Education In Trust Wilmington, DE | $14,261,550 | $2,179,263 |
Psychoanalytic Electronic Publishing Inc Joint Venture Wilmington, DE | $2,566,598 | $2,283,840 |