Argonne Local 742
- Assets
- $100.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Argonne, IL
- Founding
- 08/1966
- Data as of
- 12/2022
- EIN
- 36-2154329
Organization Overview
Argonne Local 742 is located in Argonne, IL. The organization was established in 1966. 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. Argonne Local 742 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, Argonne Local 742 generated $35.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $21.4k during the year ending 12/2022. While expenses have increased by 0.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE EXECUTIVE BOARD AND COMMITTEEMEN OF LOCAL LODGE 742 ARE RESPONSIBLE FOR REPRESENTING ~140 MACHINISTS AND TECHNICIANS LOCATED AT ARGONNE NATIONAL LABORATORY. THE EXECUTIVE BOARD RUNS THE MONTHLY UNION MEETINGS AND MAINTAINS ACCURATE RECORDING-KEEPING OF THE MONEY HELD IN SEVERAL BANK ACCOUNTS. THEY ARE ALSO RESPONSIBLE FOR PAYING BILLS ON-TIME AND PERFORMING FINANCIAL AUDITS TWICE A YEAR. THE COMMITTEEMEN ARE LOCAL REPRESENTATION OF THE UNION IN CERTAIN BUILDINGS AROUND THE LAB, AND MEMBERS OF THE UNION CAN GO TO THEM IF THEY HAVE ISSUES OR QUESTIONS WITH THE WORK AROUND THE LAB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Poncin President | 5 | $840 | |
Noel Gonzalaz Vice President | 5 | $240 | |
Steven Macewko Secretary Treasurer | 10 | $1,200 | |
Robert Furst Recording Secretary | 5 | $600 | |
Micheal Bracken Trustee | 2 | $240 | |
Sean Mcevilly Trustee | 2 | $240 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,722 |
| Investment income | $259 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $781 |
| Total Revenue | $35,762 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,090 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $30 |
| Other expenses | $12,266 |
| Total expenses | $21,386 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,269 |
| Other assets | $0 |
| Total assets | $100,382 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,382 |