INTERNATIONAL LONGSHOREMENS LOCAL 970

EIN: 540618141

NORFOLK, VA

Total Revenue
$1,966,709
Total Expenses
$1,345,378
Total Assets
$3,975,506
Net Assets
$3,954,465
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile
VA
Principal Officer
JONATHAN COLEY
Phone
7578551402
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL LONGSHOREMENS LOCAL 970 is a community nonprofit that reported $2.0M in total revenue in fiscal year 2025. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $621K, a strong 32% operating margin.

Mission

REPRESENT THE MEMBERS OF THE LOCAL WITH REGARD TO COMPENSATION, BENEFITS & WORKING CONDITIONS.

Program Service Accomplishments

Program 1

SERVICES FOR MEMBERS - UNION BARGAINING FOR COMPENSATION, BENEFITS & WORKING CONDITIONS, SCHOLARSHIP AWARDS, ETC.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,835,839
Investment Income $118,133
Other Revenue $12,737
TOTAL REVENUE $1,966,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $906,981
Fundraising Expenses $0
Other Expenses $438,397
TOTAL EXPENSES $1,345,378

Year-over-Year Comparison

2025 2024 Change
Revenue $1,966,709 $1,563,121 +0.3%
Expenses $1,345,378 $1,210,607 +0.1%
Net Income $621,331 $352,514 +0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
26
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
5
$763,093
Total Directors
6
$59,760
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
R BRANDON EDWARDS BUSINESS AGE N/A
Officer
$246,112 $50,649 $296,761
JONATHAN COLEY PRESIDENT 40.00
Officer
$234,078 $17,802 $251,880
STEVE MOBLEY FIN. SEC. N/A
Officer
$77,019 $26,083 $103,102
BRIAN MARTIN VP N/A
Officer
$75,381 $22,915 $98,296
BORIS COVINGTON TRUSTEE N/A
Director
$23,411 $7,080 $30,491
ANTHONY ABISIA REC. SEC. N/A
Officer
$13,054 $0 $13,054
LEROY HALL III TRUSTEE N/A
Director
$9,616 $0 $9,616
CHRIS BLANCO TRUSTEE N/A
Director
$6,427 $0 $6,427
LAWRENCE NORTHUP TRUSTEE N/A
Director
$5,693 $0 $5,693
JAMES HAILEY DELEGATE TO N/A
Director
$4,338 $0 $4,338
DAVID COLLINS TRUSTEE N/A
Director
$3,195 $0 $3,195
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
2025 $1,966,709 $1,345,378 $3,975,506 $621,331
2024 $1,563,121 $1,210,607 $3,340,187 $352,514
2023 $1,494,785 $1,171,887 $2,997,555 $322,898
2022 $1,770,019 $1,070,311 $2,671,189 $699,708
2021 $1,257,367 $1,009,302 $1,969,082 $248,065
2020 $1,140,833 $878,584 $1,716,202 $262,249
2019 $1,217,670 $987,222 $1,454,517 $230,448
2018 $1,164,498 $927,082 $1,222,328 $237,416
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