ILA LOCAL 1964 AFL-CIO

EIN: 237073244

RIDGEFIELD PARK, NJ

Total Revenue
$1,478,577
Total Expenses
$796,242
Total Assets
$1,524,149
Net Assets
$1,524,149
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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NJ
Principal Officer
ADAM S HARRIS
Phone
2014406525
Tax Period
2022-08-01 to 2023-07-31

ILA LOCAL 1964 AFL-CIO, founded in 1970, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2022. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $682K, a strong 46% operating margin.

Mission

THE OBJECTS AND PURPOSES OF THE ILA LOCAL 1964 SHALL INCLUDE THE FOLLOWING: TO PROMOTE THE BEST INTERESTS OF ITS MEMBERS AND THEIR FAMILIES; TO ORGANIZE THE UNORGANIZED WORKERS AND TO UNITE WITHIN THE I.L.A. ALL WORKERS WITHIN ITS JURISDICTION;TO BARGAIN COLLECTIVELY ON BEHALF OF ALLTHE WORKERS WITHIN ITS JURISDICTION; AND TO NEGOTIATE, MAKE AND ADMINISTER COLLECTIVE BARGAINING AGREEMENTS; TO IMPROVE THE WAGES AND HOURS OF WORK AND TO INCREASE THE JOB SECURITY AND BETTER THE WORK AND LIVING CONDITIONS OF ALL THE WORKERS EMPLOYED WITHIN ITS JURISDICTION;TO SECURE AND PROMOTE LAWS FOR THE BENEFIT OF ALL WORKERS WITHIN ITS JURISDICTION AND LABOR GENERALLY; TO FOSTER CIVIC INTEREST AMONG ITS MEMBERS AND LABOR GENERALLY; TO ENGAGE IN EDUCATIONAL ACTIVITIES AND TO FURTHER EDUCATIONAL OPPORTUNITIES OF ITS MEMBERS AND THEIR FAMILIES; TO PROMOTE HEALTH, WELFARE, PENSION, CREATIONAL AND CIVIC PROGRAMS IN THE INTERESTS OF ITS MEMBERS AND THEIR FAMILIES.

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,478,458
Investment Income $119
Other Revenue $0
TOTAL REVENUE $1,478,577

Expense Breakdown

Grants Paid $1,650
Salaries & Benefits $532,064
Fundraising Expenses $0
Other Expenses $262,528
TOTAL EXPENSES $796,242

Year-over-Year Comparison

2022 2021 Change
Revenue $1,478,577 $1,233,060 +0.2%
Expenses $796,242 $828,771 0.0%
Net Income $682,335 $404,289 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
6
$780,272
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD GALLO VP/ RECORDING SEC. 14.00
Officer
$0 $36,036 $236,658
RAYMOND PEREIRA AUDIT COMMITTEE 5.00
Officer
$5,400 $0 $5,400
DONALD TOFEL AUDIT COMMITTEE 3.00
Officer
$0 $0 $0
ANTHONY FONSECA AUDIT COMMITTEE 3.00
Officer
$0 $0 $0
DAVID HARRIS SECRETARY/TREASURER 3.00
Officer
$0 $35,399 $263,071
ADAM HARRIS PRESIDENT / BUSINESS MANAG 3.00
Officer
$0 $35,654 $275,143
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 $1,478,577 $796,242 $1,524,149 $682,335
2022 $1,233,060 $828,771 $841,814 $404,289
2021 $1,205,782 $949,223 $437,525 $256,559
2020 $1,202,625 $1,110,787 $198,950 $91,838
2019 $1,168,736 $1,079,505 $143,282 $89,231
2018 $1,027,184 $1,030,710 $45,001 $-3,526
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