Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

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

  total $6,351,866 · related or exempt $6,351,866

• 2b · Program service revenue: REIMBURSEMENTS FROM INTERNATIONAL

  total $267,661 · related or exempt $267,661

• 3 · Investment income

  total $140,919 · excluded $140,919

• 7a · Gross sales of assets other than inventory

  securities $1,036,446 · other assets $28,500

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

  securities $971,996 · other assets $13,167

• 7c · Gain or loss

  securities $64,450 · other assets $15,333

• 7d · Net gain or loss

  total $79,783 · excluded $79,783

• 11a · Other revenue: OTHER REIMBURSEMENTS

  total $34,854 · excluded $34,854

• 11b · Other revenue: MEMBER EVENTS

  total $9,150 · excluded $9,150

• 11e · Other revenue, total

  $44,004

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $16,307

• 2 · Grants to domestic individuals

  total $11,573

• 5 · Compensation of officers, directors and key employees

  total $1,563,015

• 7 · Other salaries and wages

  total $1,608,236

• 8 · Pension plan contributions

  total $80,321

• 9 · Other employee benefits

  total $226,108

• 10 · Payroll taxes

  total $223,241

• 11b · Fees: legal

  total $172,312

• 11c · Fees: accounting

  total $43,866

• 11f · Fees: investment management

  total $56,401

• 11g · Fees: other

  total $85,000

• 13 · Office expenses

  total $162,926

• 14 · Information technology

  total $76,301

• 16 · Occupancy

  total $246,503

• 17 · Travel

  total $108,870

• 19 · Conferences, conventions and meetings

  total $14,993

• 21 · Payments to affiliates

  total $2,826,874

• 22 · Depreciation, depletion and amortization

  total $58,087

• 23 · Insurance

  total $53,777

• 24a · Other expenses: TRANSFER TO BUILDING

  total $99,500

• 24b · Other expenses: MEMBER EVENTS

  total $64,020

• 24c · Other expenses: DUES REFUNDED

  total $13,214

• 24d · Other expenses: EMPLOYEE RELATIONS

  total $5,823

• 24e · All other expenses

  total $1,645

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $681,130 · end of year $226,190

• 2 · Savings and temporary cash investments

  beginning of year $209,363 · end of year $100,945

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

  $479,199

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

  $371,979

• 10c · Land, buildings and equipment, net

  beginning of year $149,046 · end of year $107,220

• 11 · Investments: publicly traded securities

  beginning of year $7,814,568 · end of year $6,291,856

• 12 · Investments: other securities

  beginning of year $20,000 · end of year $20,000

• 15 · Other assets

  beginning of year $551,948 · end of year $548,685

• 23 · Secured mortgages and notes payable

  beginning of year $13,866 · end of year $0

• 25 · Other liabilities

  beginning of year $12,484 · end of year $11,924

• 27 · Net assets without donor restrictions

  beginning of year $9,399,705 · end of year $7,282,972

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT SHALL RECOMMEND THE COMPENSATION AND EXPENSES, OR EXPENSES POLICY, FOR ALL PERSONNEL EMPLOYED OR RETAINED BY THE LOCAL UNION, SUBJECT TO THE APPROVAL OF THE LOCAL UNION EXECUTIVE BOARD.