Local 110 Lmc Mr Fund Ua is located in Norfolk, VA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 110 Lmc Mr Fund Ua 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, Local 110 Lmc Mr Fund Ua generated $348.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.4% each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF UNITED ASSOCIATION LOCAL 110 LABOR MANAGEMENT COOPERATION MARKET RECOVERY FUND IS TO BETTER THE CONDITIONS OF WORKERS, IMPROVE THE GRADE OF THEIR PRODUCTS, DEVELOP A HIGHER DEGREE OF EFFICIENCY IN THEIR RESPECTIVE OCCUPATIONS (THE PLUMBING AND PIPEFITTING TRADES), AND FACILITATE LABOR MANAGEMENT COOPERATION ON ISSUES OF MUTUAL CONCERN NOT ONLY TO THE COLLECTIVE BARGAINING PARTIES, BUT ALSO TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOLDS THE ASSETS OF A LABOR MANAGEMENT COOPERATION COMMITTE ("LMC") AND HAS BEEN RECEIVING EMPLOYER CONTRIBUTIONS PURSUANT TO THE COLLECTIVE BARGAINING AGREEMENT EXECUTED BETWEEN PLUMBERS AND PIPEFITTERS LOCAL UNION 110 OF THE UNITED ASSOCIATION OF JOURNEYMEN AND APPRENTICES OF THE PLUMBING AND PIPE FITTING INDUSTRY AND THE UNITED STATES AND CANADA, AFL-CIO, AND THE VIRGINIA ASSOCIATION OF CONTRACTORS, INC. THE FUND HAS YET TO ENGAGE IN ANY ACTIVITIES, BUT INTENDS TO ENGAGE IN ACTIVITIES IN THE FUTURE IN FUTHERANCE OF ITS EXEMPT PURPOSE, SUCH AS: ENCOURAGING THE EMPLOYMENT OF UNION WORKS; DEVELOPING STRATEGIES TO IMPROVE EMPLOYMENT PROSPECTS FOR UNION MEMBERS IN THE PLUMBING AND PIPEFITTING INDUSTRY; AND IMPROVING COMMUNICATIONS AND RELATIONSHIPS BETWEEN THE UNION AND EMPLOYERS IN THE PLUMBING AND PIPEFITTING INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kris Begolly Trustee | Trustee | 1 | $0 |
Steve Masterson Trustee | Trustee | 1 | $0 |
James Matthews Trustee | Trustee | 1 | $0 |
Jeffrey Branch Trustee | 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 | $348,268 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $348,268 |
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. | $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 | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $0 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,294,064 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,294,064 |
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 | $0 |
Total liabilities | $0 |
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 | $1,294,064 |
Total liabilities and net assets/fund balances | $1,294,064 |