Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES AND FE

  total $3,866,805 · related or exempt $3,866,805

• 3 · Investment income

  total $44,966 · excluded $44,966

• 7a · Gross sales of assets other than inventory

  securities $383,910

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

  securities $415,677

• 7c · Gain or loss

  securities -$31,767

• 7d · Net gain or loss

  total -$31,767 · excluded -$31,767

• 11a · Other revenue: REIMBURSEMENTS

  total $103,939 · related or exempt $103,939

• 11e · Other revenue, total

  $103,939

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $19,969

• 4 · Benefits paid to or for members

  total $2,892

• 5 · Compensation of officers, directors and key employees

  total $957,236

• 7 · Other salaries and wages

  total $840,287

• 8 · Pension plan contributions

  total $50,869

• 9 · Other employee benefits

  total $125,464

• 10 · Payroll taxes

  total $119,399

• 11b · Fees: legal

  total $2,387

• 11c · Fees: accounting

  total $26,025

• 11f · Fees: investment management

  total $2,255

• 11g · Fees: other

  total $5,796

• 13 · Office expenses

  total $101,492

• 14 · Information technology

  total $24,245

• 16 · Occupancy

  total $117,249

• 17 · Travel

  total $85,992

• 19 · Conferences, conventions and meetings

  total $137,273

• 21 · Payments to affiliates

  total $1,373,428

• 22 · Depreciation, depletion and amortization

  total $85,094

• 23 · Insurance

  total $63,982

• 24a · Other expenses: ORGANIZING EXPENSE

  total $25,522

• 24b · Other expenses: SHOP STEWARD EXPENSE

  total $19,352

• 24c · Other expenses: NEGOTIATIONS EXPENSE

  total $16,161

• 24d · Other expenses: 401K FEES

  total $1,510

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,770 · end of year $1,367

• 2 · Savings and temporary cash investments

  beginning of year $215,335 · end of year $251,604

• 4 · Accounts receivable

  beginning of year $9,699 · end of year $17,776

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

  $423,293

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

  $323,818

• 10c · Land, buildings and equipment, net

  beginning of year $119,278 · end of year $99,475

• 11 · Investments: publicly traded securities

  beginning of year $1,119,691 · end of year $964,356

• 17 · Accounts payable and accrued expenses

  beginning of year $226,027 · end of year $238,330

• 23 · Secured mortgages and notes payable

  beginning of year $81,403 · end of year $54,123

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $1,162,343 · end of year $1,042,125

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION'S EXECUTIVE BOARD WILL DETERMINE THE SALARY AND ANY INCREASES OF THE UNION'S CHIEF EXECUTIVE. THIS WOULD BE VOTED ON BY THE ENTIRE BOARD AT A REGULAR QUARTERLY MEETING AND RECORDED IN THE MINUTES FOR THAT MEETING.