Local 810 Ibt

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 135624913 ✦ Long island city, NY ✦ Designated as a 501(c)(5)

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Overview

What is Local 810 Ibt?

Local 810 Ibt is a nonprofit organization situated in Long Island City, New York, specifically at 24-09 38th Avenue. It serves approximately 2,950 members, assisting them in labor-related matters through collective bargaining with employers. The primary focus of this union is to negotiate contracts, ensuring fair wages, benefits, and working conditions for its members. Additionally, Local 810 Ibt is actively involved in organizing drives to expand its membership base. The organization is led by a team of 9 dedicated individuals.


Official website here: www.local810.org

Is Local 810 Ibt legitimate?

Local 810 Ibt is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local 810 Ibt submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $495,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $779,458

For more financial information, click here


Official website here: www.local810.org

What is the mission statement of Local 810 Ibt?

Local 810 Ibt's mission is to represent its members in labor-related issues. This is achieved primarily through contract negotiations and collective bargaining. The union aims to safeguard its members' interests, ensuring fair wages, beneficial packages, and favorable working conditions with employers. In addition to this, Local 810 Ibt also engages in organizing drives to expand its membership base and strengthen its impact in the labor sector.


Official website here: www.local810.org

Who is the CEO of Local 810 Ibt?

Michael Smith is the President of Local 810 Ibt.


Official website here: www.local810.org

What is the revenue of Local 810 Ibt?

Local 810 Ibt's revenue in 2022 was $2,788,487.


Official website here: www.local810.org

Who are the executives of Local 810 Ibt and what are their salaries?

The average compensation at Local 810 Ibt during 2022 was $141,707. There are 9 employees at Local 810 Ibt.


Here are 10 key members and their salaries:


Michael Smith (President)
  • Compensation: $209,884
  • Related: $0
  • Other: $37,640
Donna Santoro (Secy-Treasurer)
  • Compensation: $203,646
  • Related: $0
  • Other: $39,032
Salvatore Caroleo (Vice President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Paula Hasset (Recording Secy)
  • Compensation: $900
  • Related: $0
  • Other: $0
Parmanan Sookram (Trustee)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Frank Esposito (Trustee)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Steve Madigan (Trustee)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Mark Torres (Counsel)
  • Compensation: $234,045
  • Related: $0
  • Other: $41,732
Fernando Da Cruz (Business Agent)
  • Compensation: $107,973
  • Related: $0
  • Other: $38,455
Matthew Scher (Field Representative)
  • Compensation: $153,903
  • Related: $0
  • Other: $37,640


Official website here: www.local810.org

Where can I find the form 990 for Local 810 Ibt?

Local 810 Ibt's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.local810.org

Learn more at the official website: www.local810.org

Mission Statement of Local 810 Ibt

Local 810 IBT, a prominent labor union, is committed to representing its approximately 2,950 members in various labor-related issues. Their primary mission revolves around engaging in contract negotiations and collective bargaining on behalf of their members. This process enables them to advocate for favorable wages, benefits, and working conditions with their employers. Beyond this, Local 810 IBT also undertakes organizing drives, further strengthening their role in supporting their members and ensuring their rights are upheld in the workplace.

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Impact




October, 2024

Local 810 IBT plays a significant role in advocating for approximately 2,950 members in various labor-related issues. By engaging in collective bargaining with employers, the union works to secure better wages, benefits, and working conditions for its members, helping to enhance their overall quality of life and job satisfaction.

In addition to negotiating contracts, Local 810 IBT actively conducts organizing drives, which are crucial for expanding their influence and membership. This proactive approach not only strengthens the union's position but also empowers workers by providing them a collective voice.

The local union's efforts contribute to a fairer workplace environment, ensuring that employees have the support and resources they need to effectively address labor-related challenges. Through these initiatives, Local 810 IBT fosters solidarity among workers, ultimately driving progress and positive change within the labor sector in Long Island City, NY.




This information is meant to be a general summary of Local 810 Ibt. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,788,487 (2022)
201120122013201420152016201720182019202020212022$0$750k$1.5M$2.25M$3M
Expenses
$3,031,062 (2022)
201120122013201420152016201720182019202020212022$0$800k$1.6M$2.4M$3.2M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%45%65%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $60,271
  • Program Service Revenue: $2,528,451
  • Gross Receipts: $2,915,796

Assets and Liabilities:

  • Total Assets: $3,357,724
  • Total Liabilities: $1,583,266
  • Net Assets: $1,774,458

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES & INITIATION FEES

Revenue

$2,528,451

Organization Details

Founding Year

1953

Principal Officer

Michael Smith

Main Address

24-09 38TH AVENUE, LONG ISLAND CITY, NY, 11101

NTEE Category

Code: J40 - Employment

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