INTERNATIONAL LONGSHOREMANS ASSOC … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

MICHAEL VIGNERON

Phone

2018548797

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL LONGSHOREMANS ASSOC LOCAL 1804-1, founded in 1956, is a mid-sized nonprofit that reported $11.0M in total revenue in fiscal year 2023. The organization ran a surplus of $5.3M, a strong 48% operating margin.

Mission

THE LOCAL UNION REPRESENTS ITS MEMBERS IN LABOR RELATED ISSUES THROUGH COLLECTIVE BARGAINING WITH EMPLOYERS WITH RESPECT TO WAGES, BENEFITS AND WORKING CONDITIONS.

Program Service Accomplishments

Program 1

THE LOCAL UNION REPRESENTS ITS MEMBERS IN LABOR RELATED ISSUES THROUGH COLLECTIVE BARGAINING WITH EMPLOYERS WITH RESPECT TO WAGES, BENEFITS, AND WORKING CONDITIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,751,192

Investment Income $1,121,698

Other Revenue $82,336

TOTAL REVENUE $10,955,226

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,077,385

Fundraising Expenses $0

Other Expenses $2,357,504

TOTAL EXPENSES $5,643,688

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,955,226	$11,214,854	0.0%
Expenses	$5,643,688	$5,163,133	+0.1%
Net Income	$5,311,538	$6,051,721	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$4,423,914

Total Directors

$4,374,948

Key Employees

$713,351

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS DAGGETT	PRESIDENT	20.00	Officer Director	$314,600	$103,191	$830,213
HAROLD DAGGETT	PRESIDENT - EMERITUS	20.00	Officer Director	$173,040	$81,303	$999,204
JOHN DAGGETT	VICE PRESIDENT	20.00	Officer Director	$306,748	$143,499	$719,941
MICHAEL VIGNERON	SECRETARY TREASURER	20.00	Officer Director	$295,227	$155,435	$768,281
PETER CLARK	RECORDING SECRETARY	20.00	Officer Director	$367,404	$92,247	$652,654
JOSHUA HERTZBERG	TRUSTEE	20.00	Director	$261,513	$30,388	$404,655
RICHARD KIER	TRUSTEE	0.50	Director	$0	$0	$0
JOHN SAITTA	TRUSTEE	0.50	Director	$0	$0	$0
ANTHONY PACE	TRUSTEE	0.50	Director	$0	$0	$0
ROBERT RISPOLI	TRUSTEE	0.50	Director	$0	$0	$0
TIMOTHY LINDSAY	TRUSTEE	0.50	Director	$0	$0	$0
WILLIAM HARTIGAN	BUSINESS AGENT	20.00	Officer	$308,176	$0	$453,621
PATRICK WALSH	BUILDING MANAGER	0.50	Key Emp	$176,064	$0	$253,773
JOSEPH FILACANEVO	CONTROLLER	5.00	Key Emp	$64,568	$32,185	$459,578

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$10,955,226	$5,643,688	$53,250,717	$5,311,538
2022	$11,214,854	$5,163,133	$46,600,275	$6,051,721
2021	$10,311,756	$5,213,170	$42,563,077	$5,098,586
2020	$9,783,631	$4,897,912	$37,426,870	$4,885,719
2019	$9,193,728	$4,538,494	$32,356,230	$4,655,234
2018	$8,894,089	$4,923,561	$27,446,552	$3,970,528

INTERNATIONAL LONGSHOREMANS ASSOC LOCAL 1804-1