Labor World Inc

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

EIN: 410361360 ✦ Duluth, MN ✦ Designated as a 501(c)(5)

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Overview

What is Labor World Inc?

Labor World Inc is a small-scale nonprofit organization situated in Duluth, Minnesota, with a focus on educating its 15,800 subscribers about the labor movement, both locally and nationally. They achieve this goal through the publication of their newspaper, the Labor World. This periodical serves as a platform to keep their readers informed about the latest developments, challenges, and successes within the labor sector, fostering a sense of community and shared understanding among their subscribers.


Official website here: www.laborworld.org

Is Labor World Inc legitimate?

Labor World Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Labor World Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,710

For more financial information, click here


Official website here: www.laborworld.org

What is the mission statement of Labor World Inc?

Labor World Inc's mission is centered around publishing the Labor World newspaper, serving a subscriber base of 15,800. The primary goal is to educate its audience about the happenings in the labor movement, both locally and nationally. By doing so, the organization aims to keep its subscribers informed and engaged in the evolving labor landscape. The newspaper serves as a platform to disseminate news, opinions, and insights, thereby promoting awareness and understanding of labor-related issues.


Official website here: www.laborworld.org

Who is the CEO of Labor World Inc?

Al Lafrenier is the Secretary of Labor World Inc.


Official website here: www.laborworld.org

What is the revenue of Labor World Inc?

Labor World Inc's revenue in 2022 was $215,310.


Official website here: www.laborworld.org

Who are the executives of Labor World Inc and what are their salaries?

The average compensation at Labor World Inc during 2022 was $38,855. There are 2 employees at Labor World Inc.


Here are 7 key members and their salaries:


Kathleen Adee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Dulas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Lafrenier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Paczynski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Preble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Ritscher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Spexet (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laborworld.org

Where can I find the form 990 for Labor World Inc?

Labor World Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.laborworld.org

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

Mission Statement of Labor World Inc

Labor World Inc, an organization dedicated to its subscribers, fulfills its mission by publishing the Labor World newspaper. This publication serves as a platform to educate its 15,800 subscribers, keeping them informed about the latest developments in the labor movement, both locally and nationally. By doing so, Labor World Inc plays a significant role in fostering awareness and engagement within the labor community.

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Impact




October, 2024

Labor World Inc plays a crucial role in enhancing awareness and understanding of the labor movement among its subscribers. Through the publication of the Labor World newspaper, it educates a dedicated audience of 15,800 individuals on key developments both locally in Duluth, MN, and on a national scale. This commitment to informing the community fosters greater engagement and support for labor issues, empowering workers with knowledge about their rights, current events, and the ongoing challenges faced by unions and labor organizations. By facilitating informed discussions and awareness, Labor World Inc significantly impacts the labor landscape, promoting solidarity and advocacy within the workforce.




This information is meant to be a general summary of Labor World Inc. 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
$215,310 (2022)
201120122013201420152016201720182019202020212022$0$60,000$120k$180k$240k
Expenses
$225,891 (2022)
201120122013201420152016201720182019202020212022$0$60,000$120k$180k$240k
Efficiency
2011201220132014201520162017201820192020202120220%8%16%24%32%40%

Other financial information:

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

  • Investment Income: $107
  • Program Service Revenue: $213,244
  • Gross Receipts: $215,310

Assets and Liabilities:

  • Total Assets: $84,592
  • Total Liabilities: $25,717
  • Net Assets: $58,875

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Programs

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

ADVERTISING AND SUBSCRIPTION

Revenue

$213,244

Organization Details

Founding Year

1896

Principal Officer

Al Lafrenier

Main Address

2002 LONDON ROAD SUITE 110, DULUTH, MN, 55812

NTEE Category

Code: A33 - Arts

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