Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: DUES AND WORKING ASSES

  total $2,514,085 · related or exempt $2,514,085

• 2b · Program service revenue: SHARED EXPENSE REIMBUR

  total $232,986 · related or exempt $232,986

• 2c · Program service revenue: INT'L UNION SUBSIDY

  total $135,543 · related or exempt $135,543

• 2d · Program service revenue: DEATH ASSESSMENTS

  total $12,840 · related or exempt $12,840

• 2e · Program service revenue: LMC ADMINISTRATION FEE

  total $8,940 · related or exempt $8,940

• 2f · All other program service revenue

  total $266 · related or exempt $266

• 3 · Investment income

  total $168,879 · excluded $168,879

• 6a · Gross rents

  real property $7,200

• 6b · Less rental expenses

  real property $940

• 6c · Rental income or loss

  real property $6,260

• 6d · Net rental income or loss

  total $6,260 · excluded $6,260

• 7a · Gross sales of assets other than inventory

  securities $610,155

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

  securities $605,200

• 7c · Gain or loss

  securities $4,955

• 7d · Net gain or loss

  total $4,955 · excluded $4,955

• 11a · Other revenue: OTHER INCOME

  total $16,561 · excluded $16,561

• 11b · Other revenue: MERCHANDISE SALES

  total $2,665 · excluded $2,665

• 11e · Other revenue, total

  $19,226

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $112,895

• 2 · Grants to domestic individuals

  total $70,324

• 4 · Benefits paid to or for members

  total $15,820

• 5 · Compensation of officers, directors and key employees

  total $644,863

• 7 · Other salaries and wages

  total $248,016

• 8 · Pension plan contributions

  total $130,274

• 9 · Other employee benefits

  total $56,396

• 10 · Payroll taxes

  total $46,841

• 11b · Fees: legal

  total $470

• 11c · Fees: accounting

  total $45,598

• 13 · Office expenses

  total $91,506

• 16 · Occupancy

  total $106,076

• 17 · Travel

  total $10,125

• 19 · Conferences, conventions and meetings

  total $71,680

• 21 · Payments to affiliates

  total $153,760

• 22 · Depreciation, depletion and amortization

  total $122,628

• 23 · Insurance

  total $32,253

• 24a · Other expenses: MEMBERSHIP ACTIVITIES A

  total $176,040

• 24b · Other expenses: ORGANIZER EXPENSES

  total $34,538

• 24c · Other expenses: PICKETING

  total $21,380

• 24d · Other expenses: MARKET RECOVERY LOAN WR

  total $10,000

• 24e · All other expenses

  total $2,189

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $445,302 · end of year $401,180

• 2 · Savings and temporary cash investments

  beginning of year $378,218 · end of year $230,027

• 7 · Other notes and loans receivable

  beginning of year $30,000 · end of year $49,000

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

  $1,733,424

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

  $634,477

• 10c · Land, buildings and equipment, net

  beginning of year $835,218 · end of year $1,098,947

• 11 · Investments: publicly traded securities

  beginning of year $2,405,086 · end of year $3,290,811

• 15 · Other assets

  beginning of year $30,000 · end of year $33,877

• 21 · Escrow or custodial account liability

  beginning of year $22,316 · end of year $19,781

• 25 · Other liabilities

  beginning of year $3,881 · end of year $2,721

• 27 · Net assets without donor restrictions

  beginning of year $4,097,627 · end of year $5,081,340

The filer's explanations (Part III)

PART I, LINE 3

THE COMPENSATION FOR THE LOCAL'S BUSINESS MANAGER IS ESTABLISHED THROUGH THE WAGE PACKAGE IN EFFECT ANNUALLY AND WEEKLY HOURS ARE ESTABLISHED THROUGH A WRITTEN WAGE POLICY APPROVED BY THE EXECUTIVE BOARD.