Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

  total $1,472,413 · related or exempt $1,472,413

• 3 · Investment income

  total $166,578 · excluded $166,578

• 7a · Gross sales of assets other than inventory

  securities $275,000

• 7b · Less cost or other basis and sales expenses

  securities $246,676

• 7c · Gain or loss

  securities $28,324

• 7d · Net gain or loss

  total $28,324 · excluded $28,324

• 11a · Other revenue: REIMBURSED PAYROLL EXP

  total $28,775 · excluded $28,775

• 11e · Other revenue, total

  $28,775

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $124,212

• 2 · Grants to domestic individuals

  total $194,982

• 5 · Compensation of officers, directors and key employees

  total $348,004

• 7 · Other salaries and wages

  total $128,820

• 8 · Pension plan contributions

  total $68,632

• 9 · Other employee benefits

  total $38,618

• 10 · Payroll taxes

  total $24,030

• 11b · Fees: legal

  total $510

• 11c · Fees: accounting

  total $16,075

• 11f · Fees: investment management

  total $1,500

• 11g · Fees: other

  total $114,098

• 12 · Advertising and promotion

  total $661,120

• 13 · Office expenses

  total $22,778

• 14 · Information technology

  total $10,708

• 16 · Occupancy

  total $59,021

• 17 · Travel

  total $15,913

• 19 · Conferences, conventions and meetings

  total $10,257

• 22 · Depreciation, depletion and amortization

  total $49,780

• 23 · Insurance

  total $20,301

• 24a · Other expenses: PROGRAM EXPENSE - SAFET

  total $32,666

• 24b · Other expenses: PROGRAM EXPENSE - JOB T

  total $20,940

• 24c · Other expenses: PROGRAM EXPENSE - TRADE

  total $13,560

• 24d · Other expenses: OTHER

  total $13,121

• 24e · All other expenses

  total $9,327

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $277,824 · end of year $101,335

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

  $569,603

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

  $389,570

• 10c · Land, buildings and equipment, net

  beginning of year $226,392 · end of year $180,033

• 11 · Investments: publicly traded securities

  beginning of year $5,749,217 · end of year $6,047,787

• 25 · Other liabilities

  beginning of year $6,715 · end of year $6,653

• 27 · Net assets without donor restrictions

  beginning of year $6,246,718 · end of year $6,322,502

The filer's explanations (Part III)

PART I, LINE 4B

JAMES P CONNOLLY AND JOSEPH HEALY, THROUGH THEIR EMPLOYMENT WITH THE LABORERS INTERNATIONAL UNION OF NORTH AMERICA DISTRICT COUNCIL OF CHICAGO, PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED SEVERANCE PLAN WHICH PAYS THE EMPLOYEE ONE WEEK IN WAGES FOR EACH YEAR EMPLOYED WHEN THEY LEAVE THE ORGANIZATION. THE FOLLOWING AMOUNTS WERE EARNED DURING 2023 IN CONNECTION WITH THIS SEVERANCE PLAN: JAMES P CONNOLLY - 14,115; JOSEPH HEALY - 8,137.