Bakery Confectionery Tobacco Workers & Grain Miller Local 81
- Assets
- $231.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Traverse City, MI
- Founding
- 04/1959
- Data as of
- 12/2023
- EIN
- 38-1885206
Organization Overview
Bakery Confectionery Tobacco Workers & Grain Miller Local 81 is located in Traverse City, MI. The organization was established in 1959. 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. Bakery Confectionery Tobacco Workers & Grain Miller Local 81 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Bakery Confectionery Tobacco Workers & Grain Miller Local 81 generated $116.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $155.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
NEGOTIATION OF WAGES AND BENEFITS AND ENFORCEMENT OF CONTRACTUAL RIGHTS OF MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P Lamie President | 1 | $22,126 | |
Susan M Davis Vice Preside | 0.25 | $2,908 | |
Sally A Stowe Treasurer | 1 | $21,324 | |
Shantel Myers Secretary | 0.25 | $892 | |
Walter J Brooks Trustee | 0.25 | $3,321 | |
Shannon M Whitman Trustee | 0.25 | $840 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $112,380 |
| Investment income | $3,462 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $801 |
| Total Revenue | $116,643 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,163 |
| Professional fees and other payments to independent contractors | $7,770 |
| Occupancy, rent, utilities, and maintenance | $13,237 |
| Printing, publications, postage, and shipping | $490 |
| Other expenses | $35,172 |
| Total expenses | $155,261 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $221,196 |
| Other assets | $0 |
| Total assets | $231,101 |
| Total liabilities | $4,849 |
| Net assets or fund balances | $226,252 |