Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $100,000

• 2a · Program service revenue: MEMBERSHIP DUES/ASMNTS

  total $3,343,254 · related or exempt $3,343,254

• 3 · Investment income

  total $40,568 · excluded $40,568

• 11a · Other revenue: REIMBURSEMENTS FROM LA

  total $28,925 · excluded $28,925

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $2,646 · excluded $2,646

• 11e · Other revenue, total

  $31,571

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $74,172

• 2 · Grants to domestic individuals

  total $1,066

• 5 · Compensation of officers, directors and key employees

  total $1,384,581

• 7 · Other salaries and wages

  total $119,076

• 8 · Pension plan contributions

  total $63,440

• 9 · Other employee benefits

  total $35,789

• 10 · Payroll taxes

  total $67,723

• 11b · Fees: legal

  total $9,884

• 11c · Fees: accounting

  total $14,775

• 11f · Fees: investment management

  total $11,376

• 11g · Fees: other

  total $27,765

• 12 · Advertising and promotion

  total $201,070

• 13 · Office expenses

  total $104,965

• 16 · Occupancy

  total $65,920

• 17 · Travel

  total $171,900

• 19 · Conferences, conventions and meetings

  total $125,984

• 21 · Payments to affiliates

  total $397,306

• 22 · Depreciation, depletion and amortization

  total $14,059

• 23 · Insurance

  total $23,522

• 24a · Other expenses: PICKET EXPENSE

  total $32,550

• 24b · Other expenses: UNION CARDS

  total $24,650

• 24c · Other expenses: ANCILLARY FUND CONTRIBU

  total $9,607

• 24d · Other expenses: ELECTION EXPENSES

  total $3,374

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,251,307 · end of year $4,764,701

• 2 · Savings and temporary cash investments

  beginning of year $856,938 · end of year $885,631

• 10a · Land, buildings and equipment: cost or other basis

  $296,038

• 10b · Land, buildings and equipment: accumulated depreciation

  $279,196

• 10c · Land, buildings and equipment, net

  beginning of year $27,791 · end of year $16,842

• 11 · Investments: publicly traded securities

  beginning of year $922,733 · end of year $1,010,247

• 25 · Other liabilities

  beginning of year $2,562 · end of year $2,861

• 27 · Net assets without donor restrictions

  beginning of year $6,056,207 · end of year $6,674,560

The filer's explanations (Part III)

PART I, LINES 4A-B

ALL OFFICERS PARTICIPATE IN A NONQUALIFIED SEVERANCE PLAN. FOR FULL TIME OFFICERS THE SEVERANCE BENEFIT IS EQUAL TO ONE WEEKS SALARY FOR EACH FULL YEAR OF EMPLOYMENT. FOR PART TIME OFFICERS THE BENEFIT IS EQUAL TO EITHER ONE MONTH'S OR ONE QUARTER'S STIPEND, WHICHEVER IS APPLICABLE, FOR EACH YEAR IN OFFICE. THE ESTIMATED INCREASE IN BENEFIT FOR THE INDIVIDUALS LISTED ON SCHEDULE J FOR 2023 IS AS FOLLOWS: LEONEL ESPARZA $4,527 JOHN CONRAD $2,896 MICHAEL PAGANO $2,896 JEREMY ESPARZA $2,553