International Longshoremens Associa S Fl Ila Container Royalty Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 596251129 ✦ Miami, FL ✦ Designated as a 501(c)(17)

Overview

What is International Longshoremens Associa S Fl Ila Container Royalty Fund?

International Longshoremens Associa S Fl Ila Container Royalty Fund is a Miami, Florida-based nonprofit organization with a team of four individuals. Its primary mission is to provide supplemental wage benefits to eligible union members impacted by the containerization of vessels in the industry. During the fiscal year ended September 30, 2022, the organization extended these benefits to 1,454 union members. The organization's most significant activity revolves around supporting and enhancing the financial wellbeing of those affected by industry changes.


Is International Longshoremens Associa S Fl Ila Container Royalty Fund legitimate?

International Longshoremens Associa S Fl Ila Container Royalty Fund is a legitimate nonprofit organization registered as a 501(c)(17) entity. International Longshoremens Associa S Fl Ila Container Royalty Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $15,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,759

For more financial information, click here


What is the mission statement of International Longshoremens Associa S Fl Ila Container Royalty Fund?
Who is the CEO of International Longshoremens Associa S Fl Ila Container Royalty Fund?
What is the revenue of International Longshoremens Associa S Fl Ila Container Royalty Fund?
Who are the executives of International Longshoremens Associa S Fl Ila Container Royalty Fund and what are their salaries?
Where can I find the form 990 for International Longshoremens Associa S Fl Ila Container Royalty Fund?

Mission Statement of International Longshoremens Associa S Fl Ila Container Royalty Fund

The International Longshoremen's Associates S Fl Ila Container Royalty Fund is a nonprofit organization that aims to enhance the wages of eligible union members in the industry, primarily affected by the containerization of vessels. This organization's most significant activity revolves around providing supplemental wage benefits to union members who have been impacted by this industrial transformation.

In simple terms, the International Longshoremen's Associates S Fl Ila Container Royalty Fund serves as a safety net for union members dealing with the consequences of containerization in their industry. By providing supplemental wage benefits, this nonprofit helps bridge the gap and maintain a decent standard of living for those directly affected.

During the 2022 fiscal year, this organization extended its supporting hand to 1,454 eligible union members, demonstrating the breadth and importance of its mission. By doing so, they contribute to the overall well-being and financial stability of these individuals, ultimately strengthening their communities and families.

Impact

This information is meant to be a general summary of International Longshoremens Associa S Fl Ila Container Royalty Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The International Longshoremens Associa S Fl Ila Container Royalty Fund impacts its community by providing supplemental wage benefits to eligible union members affected by the containerization of vessels used in the industry. In the year ended September 30, 2022, the organization provided these benefits to 1,454 eligible union members in Miami, Florida. This direct support helps these workers navigate changes in the industry and maintain financial stability during transitions. The fund's impact not only supports individuals but also contributes to the overall well-being of the union membership and the local labor community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,504
  • Program Service Revenue: $19,045,385
  • Gross Receipts: $19,066,889

    • Assets and Liabilities:
  • Total Assets: $18,581,801
  • Total Liabilities: $18,543,895
  • Net Assets: $37,906
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTAINER ROYALTIES

    Revenue

    $13,554,954

    DISTRIBUTION FROM CRCCF

    Revenue

    $4,158,599

    DISTRIBUTION FROM CRCCF SURPL

    Revenue

    $1,320,982

    TRANSSHIPMENT FEES

    Revenue

    $10,850

    Organization Details

    Founding Year

    1969

    Principal Officer

    Anthony Arrufat

    Main Address

    1007 N AMERICA WAY SUITE 407, MIAMI, FL, 33132

    NTEE Category

    Code: Y20 - Mutual benefit

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