ILA LOCAL 1970

EIN: 540902506 Employment

NORFOLK, VA

Total Revenue
$609,927
Total Expenses
$628,151
Total Assets
$772,054
Net Assets
$761,409
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Financial Trends

Organization Details

Legal Domicile
VA
Principal Officer
MONTA BIVINS
Phone
7574219296
Tax Period
2023-10-01 to 2024-09-30

ILA LOCAL 1970 is a small nonprofit in the Employment sector that reported $525K in total revenue in fiscal year 2017. The organization ran a surplus of $83K, a strong 16% operating margin.

Mission

PROVIDE MEMBER SERVICES, INCLUDING COLLECTIVE BARGAINING FOR WAGES, BENEFITS AND WORKING CONDITIONS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $593,341
Investment Income $16,586
Other Revenue $0
TOTAL REVENUE $609,927

Expense Breakdown

Grants Paid $7,950
Salaries & Benefits $448,986
Fundraising Expenses $0
Other Expenses $171,215
TOTAL EXPENSES $628,151

Year-over-Year Comparison

2023 2022 Change
Revenue $609,927 $519,728 +0.2%
Expenses $628,151 $574,285 +0.1%
Net Income $-18,224 $-54,557 -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
9
Independent Members
9
Employees
24
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
$309,202
Total Directors
17
$323,687
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE WALTON PRESIDENT 50.00
Officer Director
$178,849 $34,853 $213,702
MONTA BIVINS PRESIDENT 10.00
Officer Director
$44,804 $0 $44,804
RICHARD LIGHT JR FINANCIAL SE 5.00
Officer Director
$35,656 $0 $35,656
ROGER WESTCOTT SECRETARY 5.00
Officer Director
$15,040 $0 $15,040
SHAWRON WHITE DELEGATE N/A
Director
$4,496 $0 $4,496
DERRICK PERRY CHAPLAIN N/A
Director
$2,840 $0 $2,840
DERRICK PERRY CHAPLAIN N/A
Director
$2,840 $0 $2,840
CAMERON BRADLEY TRUSTEE N/A
Director
$1,344 $0 $1,344
EMMANUEL JACKSON SERGEANT AT N/A
Director
$1,200 $0 $1,200
JOSHUA OLDS TRUSTEE N/A
Director
$1,029 $0 $1,029
SHAWN COLEMAN INNER GUARD N/A
Director
$400 $0 $400
DIMETHUS THOMPSON SERGEANT AT N/A
Director
$336 $0 $336
BRIAN BELCHER RECORDING SE 5.00
Officer Director
$0 $0 $0
CHARMAINE BUTLER CHAPLAIN N/A
Director
$0 $0 $0
OWEN ELLIOT INNER GUARD N/A
Director
$0 $0 $0
RODERICK HARRELL JR VICE PRESIDE 5.00
Officer Director
$0 $0 $0
BRANT SMITH TRUSTEE N/A
Director
$0 $0 $0
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 $609,927 $628,151 $772,054 $-18,224
2023 $519,728 $574,285 $785,516 $-54,557
2022 $560,318 $447,640 $836,879 $112,678
2021 $507,680 $426,677 $724,359 $81,003
2020 $474,235 $499,730 $642,626 $-25,495
2019 $521,292 $504,656 $673,050 $16,636
2018 $525,444 $442,092 $649,816 $83,352
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