GEORGIA STEVEDORE ASSOCIATION INT'L LONGSHOREMEN'S ASSOC VACATION BENE

EIN: 581847647

SAVANNAH, GA

Total Revenue
$82,431,427
Total Expenses
$83,328,924
Total Assets
$67,164,532
Net Assets
$34,655
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
GA
Principal Officer
VALARIE F WEST
Phone
9122330218
Tax Period
2023-10-01 to 2024-09-30

GEORGIA STEVEDORE ASSOCIATION INT'L LONGSHOREMEN'S ASSOC VACATION BENE, founded in 1957, is a mid-sized nonprofit that reported $82.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

THE FUND IS AN EMPLOYEE BENEFIT PLAN THAT PROVIDES SUPPLEMENTAL VACATION BENEFITS TO ELIGIBLE ACTIVE PARTICIPANTS AND RETIREES IN THE LONGSHORE INDUSTRY AND THE CONTAINER MAINTENANCE REPAIR INDUSTRY FOR THE ILA LOCAL UNIONS IN THE PORTS OF SAVANNAH AND BRUNSWICK, GEORGIA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $80,722,871
Investment Income $1,708,556
Other Revenue $0
TOTAL REVENUE $82,431,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $461,639
Fundraising Expenses $0
Other Expenses $27,831,505
TOTAL EXPENSES $83,328,924

Year-over-Year Comparison

2023 2022 Change
Revenue $82,431,427 $74,570,914 +0.1%
Expenses $83,328,924 $74,468,430 +0.1%
Net Income $-897,497 $102,484 -9.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
2
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
0
$0
Total Directors
12
$220,550
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD LEBEDIN-ATLANTIC RORO TRUSTEE 0.26
Director
$0 $0 $0
BUDDY UNDERWOOD-MARINE TERMINALS TRUSTEE 0.26
Director
$0 $0 $0
PAUL MOSLEY-ILA 1414 TRUSTEE 0.26
Director
$32,315 $0 $32,524
RICKY DELOACH-ILA LOCAL 1475 TRUSTEE 0.26
Director
$32,315 $0 $33,087
KERRY D SCOTT-ILA 2046 TRUSTEE 0.26
Director
$32,315 $0 $33,305
JAMES TANDY-ILA 1414 TRUSTEE 0.26
Director
$32,315 $0 $32,554
DERRICK MILES-GA STEVEDORE ASSOC TRUSTEE 0.26
Director
$0 $0 $0
DEREK GRIMES-GATEWAY TERMINALS TRUSTEE 0.26
Director
$0 $0 $0
WILLIAM ROBINSON-ILA LOCAL 1414 TRUSTEE 0.26
Director
$32,315 $0 $32,464
FREDDIE SAMS-ILA LOCAL 1423 TRUSTEE 0.26
Director
$32,315 $0 $32,494
WILLIAM KICKLIGHTER-ILA LOCAL 1863 TRUSTEE 0.26
Director
$24,028 $0 $24,122
CHRIS BEAVER-SSA ATLANTIC TRUSTEE 0.26
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 $82,431,427 $83,328,924 $67,164,532 $-897,497
2023 $74,570,914 $74,468,430 $60,562,655 $102,484
2022 $91,188,507 $90,378,894 $63,854,514 $809,613
2021 $82,601,649 $82,795,147 $65,764,843 $-193,498
2020 $72,461,323 $72,637,515 $59,454,843 $-176,192
2019 $71,842,560 $71,388,652 $59,009,960 $453,908
2018 $65,968,590 $64,966,954 $57,874,813 $1,001,636
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