Bakery Confectionery Tobacco Workers And Grain Millers Intl Uni
- Assets
- $639.0
- Revenue
- $853.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 09/1949
- Data as of
- 12/2023
- EIN
- 91-1842495
Organization Overview
Bakery Confectionery Tobacco Workers And Grain Millers Intl Uni is located in Memphis, TN. The organization was established in 1949. 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 And Grain Millers Intl Uni is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Bakery Confectionery Tobacco Workers And Grain Millers Intl Uni generated $853.1k in total revenue. All expenses for the organization totaled $965.8k during the year ending 12/2023. While expenses have increased by 153.8% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL LABOR ORGANIZATION REPRESENTING MEMBERS WITH CONTRACT NEGOTIATIONS, REVIEWING ARBITRATION PROCEDURES, GRIEVANCES, AND OTHER MEMBER RELATED BENEFITS SUCH AS STRIKE FUND, SICK PAY, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN JUNE OF 2023, THE LABOR ORGANIZATON ENTERED INTO CONTRACT NEGOTIATIONS WITH COMPANY'S MANAGEMENT. THE UNION AND COMPANY'S MANAGEMENT FAILED TO REACHED AN AGREEMENT, WHICH LED TO A WORK STOPPAGE AT THE PLANT BY THE UNION AND IT'S MEMBERS. THE STOPPAGE WAS STILL IN EFFECT AS OF DECEMBER 31,2023. THE EXPECTATION IS THAT THE LABOR ORGANIZATION LABOR ORGANIZATION AND COMPANY'S MANAGEMENT WILL PRESUME DISCUSSIONS DURNG THE FIRST QUARTER OF 2024. AS A RESULT OF THIS PROGONGED WORK STOPPAGE, THE UNION MANAGEMENT SPENT EXCESSIVE HOURS COORDINATING THE STRIKE, OBTAINING WEEKLY STRIKE BENEFITS FROM THE INTERNATIONAL UNION, AND ADMINISTERING THE PAYMENT OF BENEFITS TO UNION MEMBERS. THIS WAS A SIGNIFICANT INCREASE IN RESOURCES IN OBTAINING REVENUE AND PAYING BENEFITS FOR THIS PROGRAM OBJECTIVE COMPARED TO PRIOR YEAR.
ALSO, AS A RESULT OF THE WORK STOPPAGE IN 2023, THE LABOR ORGANIZATION DEVOTED A SIGNIFICANT AMOUNT OF TIME IN MANAGING THE PICKET LINE AND SECURING ADDITIONAL STRIKE FUND BENEFITS FROM OTHER LOCAL AFFILIATES AROUND THE COUNTRY
DURING 2023, THE LABOR ORGANIZATION COLLECTED MEMBER DUES AND ASSISTED MEMBERS WITH OTHER BENEFITS SUCH AS SICK PAY, FUNERAL, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cedric Wilson President | Officer | $17,675 | |
Cometris Morgan Vice President | Officer | $10,757 | |
Elleta Ramson Shop Steward | Officer | $11,951 | |
Markeye Pegues Financial Secretary | Officer | $12,014 | |
Timothy Smith Recording Secretary | Officer | $10,030 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $58,114 |
| Fundraising events | $0 |
| Related organizations | $794,948 |
| 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 | $853,062 |
| Total Program Service Revenue | $0 |
| 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 | $853,062 |
| 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 | $843,887 |
| Compensation of current officers, directors, key employees. | $62,427 |
| 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 | $13,345 |
| 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 | $20,232 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,885 |
| 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 | $2 |
| Total functional expenses | $965,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $639 |
| 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 | $639 |
| 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 | $639 |
| 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 | $639 |