Form 990 for tax year 2023
Filed by PHILADELPHIA AREA LABOR MANGEMENT COMMITTEE INC.
Totals
- Total revenue
- $1,154,702
- Total expenses
- $1,053,756
- Contributions and grants received
- $860,369
- Grants paid
- $1,666
- Program service revenue
- $292,149
- Investment income
- $2,184
- Other revenue
- $0
- Total assets, end of year
- $728,120
- Total liabilities, end of year
- $850,199
- Net assets or fund balances, end of year
- -$122,079
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$860,369
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $244,698 · related or exempt $244,698
-
2b · Program service revenue: MEMBERSHIP DUES
total $47,451 · related or exempt $47,451
-
3 · Investment income
total $2,184 · excluded $2,184
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,666
-
5 · Compensation of officers, directors and key employees
total $251,021
-
7 · Other salaries and wages
total $235,200
-
8 · Pension plan contributions
total $7,056
-
9 · Other employee benefits
total $85,695
-
10 · Payroll taxes
total $33,604
-
11c · Fees: accounting
total $41,754
-
11g · Fees: other
total $10,746
-
13 · Office expenses
total $25,479
-
14 · Information technology
total $13,393
-
16 · Occupancy
total $40,497
-
17 · Travel
total $32,734
-
20 · Interest
total $53,554
-
22 · Depreciation, depletion and amortization
total $20,306
-
23 · Insurance
total $28,674
-
24a · Other expenses: BAD DEBT
total $136,612
-
24b · Other expenses: MEALS & ENTERTAINMENT
total $35,765
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $35,031 · end of year $188,815
-
4 · Accounts receivable
beginning of year $336,303 · end of year $250,453
-
9 · Prepaid expenses and deferred charges
beginning of year $5,743 · end of year $1,243
-
10a · Land, buildings and equipment: cost or other basis
$830,111
-
10b · Land, buildings and equipment: accumulated depreciation
$542,502
-
10c · Land, buildings and equipment, net
beginning of year $307,915 · end of year $287,609
-
17 · Accounts payable and accrued expenses
beginning of year $83,547 · end of year $107,011
-
23 · Secured mortgages and notes payable
beginning of year $324,470 · end of year $243,188
-
24 · Unsecured notes and loans payable
beginning of year $500,000 · end of year $500,000
-
27 · Net assets without donor restrictions
beginning of year -$223,025 · end of year -$122,079
Mission and programs · 2023
Mission
THE MISSION OF THE ORGANIZATION IS TO FOSTER INCREASED LABOR MANAGEMENT COOPERATION IN THE SOUTHERN PENNSYLVANIA, BUCKS, CHESTER, DELAWARE, MONTGOMERY AND PHILADELPHIA COUNTIES.
Activities or mission (Part I)
PHILADELPHIA AREA LABOR-MANAGEMENT COMMITTEE, INC. (THE COMMITTEE) WAS ESTABLISHED AS A NONPROFIT ENTITY DESIGNED TO IMPROVE THE LABOR-MANAGEMENT COMMUNICATION AND RELATIONS IN THE COMMUNITY, TO SUPPORT THE ESTABLISHMENT OF IN-PLANT LABOR MANAGEMENT COMMITTEES, TO IMPROVE THE SKILLS AND PRODUCTIVITY OF WORKERS AND MANAGEMENT, AND TO STIMULATE AND PARTICIPATE IN COMMUNITY INDUSTRIAL DEVELOPMENT ACTIVITIES WITH EQUAL EMPHASIS ON RETAINING EXISTING INDUSTRY AND ATTRACTING NEW INVESTMENT INTO THE AREA.
-
ORGANIZATION IS CONCERNED WITH PROMOTING A HEALTHY ECONOMY BY RETAINING, STRENGTHENING AND EXPANDING BUSINESS AND INDUSTRY BY ATTRACTING NEW COMPANIES AND THEREY ENHANCING LABOR STABILITY, EMPLOYMENT MAINTENANCE AND JOB OPPORTUNITIES IN THE AREA.
As filed on the 2023 return.
Listed in Part VII
-
Anthony WigglesworthANTHONY WIGGLESWORTH
EXECUTIVE DIRECTOR
- Total calculated
- $251,021
- From this org
- $202,700
- From related orgs
- $0
- Other
- $48,321
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $202,700
- Bonus
- $0
- Other
- $0
- Deferred
- $6,081
- Nontaxable benefits
- $42,240
- Filer's total
- $251,021
-
Francis J PetriccioneFRANCIS J PETRICCIONE
PROGRAM DIRECTOR
- Total calculated
- $173,750
- From this org
- $130,000
- From related orgs
- $0
- Other
- $43,750
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,000
- Bonus
- $0
- Other
- $0
- Deferred
- $3,900
- Nontaxable benefits
- $39,850
- Filer's total
- $173,750
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 June 2024
- IRS schema version
- 2023v5.1
- Source object
- 202431729349300713
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.