Skip to content
Nonprofiteer
← CONTAINER ROYALTY CENTRAL COLLECTION FUND

Form 990 for tax year 2023

Filed by CONTAINER ROYALTY CENTRAL COLLECTION FUND.

Totals

Total revenue
$2,578,894
Total expenses
$2,655,555
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,491,250
Investment income
$87,644
Other revenue
$0
Total assets, end of year
$583,490,340
Total liabilities, end of year
$583,147,348
Net assets or fund balances, end of year
$342,992
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.

  • 2a · Program service revenue: ASSESSMENTS

    total $2,491,250 · related or exempt $2,491,250

  • 3 · Investment income

    total $87,644 · excluded $87,644

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,345,755

  • 10 · Payroll taxes

    total $65,569

  • 11a · Fees: management

    total $474,996

  • 11b · Fees: legal

    total $42,000

  • 11c · Fees: accounting

    total $46,030

  • 11g · Fees: other

    total $330,547

  • 13 · Office expenses

    total $5,395

  • 14 · Information technology

    total $42,983

  • 17 · Travel

    total $66,583

  • 22 · Depreciation, depletion and amortization

    total $50,330

  • 23 · Insurance

    total $10,794

  • 24a · Other expenses: COMPUTER HOSTING

    total $158,800

  • 24b · Other expenses: GENERAL/ADMINSTRATIVE

    total $15,773

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,908,759 · end of year $22,335,301

  • 2 · Savings and temporary cash investments

    beginning of year $116,148,846 · end of year $161,856,666

  • 4 · Accounts receivable

    beginning of year $194,889,258 · end of year $214,069,980

  • 9 · Prepaid expenses and deferred charges

    beginning of year $80,141 · end of year $84,794

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

    $1,563,817

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

    $1,515,709

  • 10c · Land, buildings and equipment, net

    beginning of year $58,981 · end of year $48,108

  • 11 · Investments: publicly traded securities

    beginning of year $10,507,358 · end of year $11,454,237

  • 12 · Investments: other securities

    beginning of year $152,694,517 · end of year $173,602,998

  • 15 · Other assets

    beginning of year $112,972 · end of year $38,256

  • 17 · Accounts payable and accrued expenses

    beginning of year $88,272 · end of year $98,065

  • 19 · Deferred revenue

    beginning of year $3,136,250 · end of year $3,245,000

  • 21 · Escrow or custodial account liability

    beginning of year $280,486,935 · end of year $347,771,873

  • 25 · Other liabilities

    beginning of year $210,269,722 · end of year $232,032,410

  • 27 · Net assets without donor restrictions

    beginning of year $419,653 · end of year $342,992

Mission and programs · 2023

Mission

IN ACCORDANCE WITH THE MASTER CONTRACT THE FUND COLLECTS ASSESSMENTS MADE BY MANAGEMENT AND DISTRIBUTES THE APPROPRIATE AMOUNTS TO A NUMBER OF SEPARATE JOINT LABOR MANAGEMENT FUNDS WHICH PROVIDE COLLECTIVELY BARGAININED EMPLOYEE BENEFITS.

Activities or mission (Part I)

THE ORGANIZATION WAS FORMED TO COLLECT ALL ASSESSMENTS PAYABLE TO THE FUND IN ACCORDANCE WITH THE RULES OF THE MASTER CONTRACT BETWEEN THE INTERNATIONAL LONGSHOREMEN'S ASSOCIATION AFL-CIO AND THE UNITED STATES MARITIME ALLIANCE, LTD.

  • IN ACCORDANCE WITH THE MASTER CONTRACT THE FUND COLLECTS ASSESSMENTS MADE BY MANAGEMENT AND DISTRIBUTES THE APPROPRIATE AMOUNTS TO A NUMBER OF SEPARATE JOINT LABOR MANAGEMENT FUNDS WHICH PROVIDE COLLECTIVELY BARGAININED EMPLOYEE BENEFITS.

As filed on the 2023 return.

Listed in Part VII

  • Andrew McKenzie

    DIRECTOR

    Total calculated
    $103,678
    From this org
    $97,792
    From related orgs
    $0
    Other
    $5,886
    Hours/week
    40

  • Anissa Frucci

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Anthony J Dalonges

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jason Kohler

    DIRECTOR

    Total calculated
    $251,837
    From this org
    $251,837
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,837
    Bonus
    $0
    Other
    $12,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $251,837

  • Joseph Filacanevo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kenneth Oelkers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Eileen Mackell

    VICE PRESIDENT

    Total calculated
    $291,713
    From this org
    $289,113
    From related orgs
    $0
    Other
    $2,600
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,113
    Bonus
    $0
    Other
    $12,000
    Deferred
    $2,600
    Nontaxable benefits
    $0
    Filer's total
    $291,713

  • Paul McCarthy

    PRESIDENT

    Total calculated
    $417,765
    From this org
    $387,765
    From related orgs
    $0
    Other
    $30,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $386,784
    Bonus
    $0
    Other
    $981
    Deferred
    $30,000
    Nontaxable benefits
    $0
    Filer's total
    $417,765

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 · Written employment contract

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
30 May 2025
IRS schema version
2023v6.0
Source object
202521509349300307

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.