Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

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

  total $4,591,230 · related or exempt $4,591,230

• 3 · Investment income

  total $378,068 · excluded $378,068

• 7a · Gross sales of assets other than inventory

  securities $16,117,656 · other assets $85,435

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

  securities $15,670,156 · other assets $31,481

• 7c · Gain or loss

  securities $447,500 · other assets $53,954

• 7d · Net gain or loss

  total $501,454 · excluded $501,454

• 10a · Gross sales of inventory

  $2,217

• 10b · Cost of goods sold

  $2,217

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: REIMBURSEMENTS FROM AFFILIATES

  total $763,911 · related or exempt $763,911

• 11b · Other revenue: REIMBURSEMENTS - OTHER

  total $40,990 · related or exempt $40,990

• 11c · Other revenue: SCHOLARSHIP FUND

  total $27,359 · related or exempt $27,359

• 11d · All other revenue

  total $12,031 · related or exempt $12,031

• 11e · Other revenue, total

  $844,291

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $31,712

• 2 · Grants to domestic individuals

  total $27,000

• 4 · Benefits paid to or for members

  total $45,152

• 5 · Compensation of officers, directors and key employees

  total $710,020

• 7 · Other salaries and wages

  total $1,273,883

• 8 · Pension plan contributions

  total $310,873

• 9 · Other employee benefits

  total $253,410

• 10 · Payroll taxes

  total $273,997

• 11b · Fees: legal

  total $17,445

• 11c · Fees: accounting

  total $23,875

• 11f · Fees: investment management

  total $53,527

• 11g · Fees: other

  total $162,684

• 12 · Advertising and promotion

  total $8,159

• 13 · Office expenses

  total $114,384

• 16 · Occupancy

  total $153,623

• 17 · Travel

  total $326,744

• 19 · Conferences, conventions and meetings

  total $53,332

• 21 · Payments to affiliates

  total $1,122,232

• 22 · Depreciation, depletion and amortization

  total $117,921

• 23 · Insurance

  total $14,481

• 24a · Other expenses: NH AFL-CIO PER CAP

  total $49,680

• 24b · Other expenses: STATE TAXES

  total $14,990

• 24c · Other expenses: EQUIPMENT RENTAL AND MA

  total $10,068

• 24e · All other expenses

  total $9,271

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $264,111 · end of year $394,323

• 2 · Savings and temporary cash investments

  end of year $28,865

• 7 · Other notes and loans receivable

  beginning of year $221,614 · end of year $213,216

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

  $685,430

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

  $333,452

• 10c · Land, buildings and equipment, net

  beginning of year $327,340 · end of year $351,978

• 11 · Investments: publicly traded securities

  beginning of year $6,225,537 · end of year $6,161,491

• 12 · Investments: other securities

  beginning of year $3,888,016 · end of year $5,337,849

• 27 · Net assets without donor restrictions

  beginning of year $10,926,618 · end of year $12,487,722

The filer's explanations (Part III)

PART I, LINE 1A

THE PRESIDENT AND SECRETARY-TREASURER ARE GIVEN A SPENDING ALLOWANCE OF $140 PER WEEK. THE VICE PRESIDENT AND RECORDING SECRETARY ARE GIVEN AN ALLOWANCE OF $70 PER WEEK. TRUSTEES ARE GIVEN A SPENDING ALLOWANCE OF $500 PER MONTH. THERE IS NO POLICY REGARDING PAYMENT PROVISIONS FOR THESE ALLOWANCES. THEY MAY USE THIS ALLOWANCE AT THEIR DISCRETION. THIS ALLOWANCE IS INCLUDED IN THE WAGES OF THE OFFICER OR TRUSTEE. ADDITIONALLY, THE ORGANIZATION PROVIDES REIMBURSEMENT FOR OTHER OUT OF POCKET EXPENSES THAT OFFICERS, TRUSTEES, AND EMPLOYEES MAY INCUR IN THE NORMAL COURSE OF BUSINESS. TO BE REIMBURSED FOR THESE EXPENSES, EMPLOYEES MUST PROVIDE RECEIPTS FOR ALL EXPENSES.

PART I, LINE 4B

FULL TIME EMPLOYEES PARTICIPATE IN A NON-QUALIFIED RETIREMENT PLAN IN THE FORM OF A SEVERANCE PLAN SPONSORED BY THE ORGANIZATION. THE BENEFITS ACCRUED DURING 2023 UNDER THE PLAN WERE AS FOLLOWS: JEFF PADELLARO: $ 47,392 RICHARD LAUGHTON: $ 16,641 KEITH JUDGE: $ 10,840 WILLIAM CAHILL: $ 9,146 MARK CLIFFORD: $ 6,189 JAMES PETRILLO: $ 6,494 ESTELLE VOTOUR: $ 8,236 THE AMOUNTS ABOVE INCLUDE THE ESTIMATED CONTRIBUTIONS THAT WILL BE DUE TO A MULTIEMPLOYER DEFINED BENEFIT PENSION PLAN ON THE BENEFITS DUE TO THE PARTICIPANTS. PART II, LINE 5, ROW (II): JEFF PADALLARO'S BASE COMPENSATION INCLUDES $23,627 FOR SERVICES PROVIDED TO AN AFFILIATED ORGANIZATION, JOINT COUNCIL 10. THIS COMPENSATION WAS REIMBURSED BY JOINT COUNCIL 10.