Local Union 1556

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

EIN: 452787952 ✦ New york, NY ✦ Designated as a 501(c)(5)

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Overview

What is Local Union 1556?

Local Union 1556 is a nonprofit organization situated in New York, specifically at 395 Hudson Street 1st Floor, New York, NY 10014. Their primary role involves collective bargaining and representation for their members. By providing this service, they aim to safeguard the rights and interests of their members, ensuring they receive fair treatment and benefits in their respective workplaces. With a dedicated workforce of 27 individuals, Local Union 1556 plays a crucial role in advocating for and supporting its members in their professional lives.


Official website here: www.lu1556.com

Is Local Union 1556 legitimate?

Local Union 1556 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local Union 1556 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: $65,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,301

For more financial information, click here


Official website here: www.lu1556.com

What is the mission statement of Local Union 1556?

Local Union 1556's primary mission is centered around collective bargaining and representation for its members. This organization works diligently to advocate for the interests and rights of its members, ensuring fair treatment and favorable working conditions. Through collective bargaining, they strive to establish agreements that protect wages, benefits, and working conditions, ultimately enhancing the quality of life for their members. Additionally, they provide representation in various work-related matters, acting as a supportive resource and voice for their members.


Official website here: www.lu1556.com

Who is the CEO of Local Union 1556?

Carl Zanchelli is the Trustee (P) of Local Union 1556.


Official website here: www.lu1556.com

What is the revenue of Local Union 1556?

Local Union 1556's revenue in 2022 was $2,057,999.


Official website here: www.lu1556.com

Who are the executives of Local Union 1556 and what are their salaries?

The average compensation at Local Union 1556 during 2022 was $6,416. There are 27 employees at Local Union 1556.


Here are 14 key members and their salaries:


Peter Rice (Trustee (P))
  • Compensation: $2,450
  • Related: $0
  • Other: $0
Pete Hermansen (Financial Secretary (P))
  • Compensation: $4,550
  • Related: $0
  • Other: $0
Victor Saume (Financial Secretary)
  • Compensation: $6,375
  • Related: $0
  • Other: $0
Collette Mccready (Trustee)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
John Parzych (Trustee)
  • Compensation: $3,500
  • Related: $0
  • Other: $0
Wayne Clark (Trustee)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
Thomas King (Treasurer)
  • Compensation: $9,200
  • Related: $0
  • Other: $0
Brian Mclaughlin (Recording Secretary)
  • Compensation: $6,750
  • Related: $0
  • Other: $0
Paul Larsen (Warden (P))
  • Compensation: $1,225
  • Related: $0
  • Other: $0
Robert Joule (President (P))
  • Compensation: $9,625
  • Related: $0
  • Other: $0
Adam Harkin (Vp)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Robert Reiche (Conductor)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
Carl Zanchelli (President)
  • Compensation: $8,450
  • Related: $0
  • Other: $0
Louis Pinamonti (Warden)
  • Compensation: $875
  • Related: $0
  • Other: $0


Official website here: www.lu1556.com

Where can I find the form 990 for Local Union 1556?

Local Union 1556's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lu1556.com

Learn more at the official website: www.lu1556.com

Mission Statement of Local Union 1556

Local Union 1556 is committed to advocating for and representing its members through collective bargaining. Their mission is centered around leveraging negotiation skills to secure favorable working conditions, wages, and benefits for their members. By serving as their representatives, Local Union 1556 aims to ensure that their members' voices are heard and their rights are protected in the workplace.

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Impact




October, 2024

Local Union 1556 plays a crucial role in advocating for workers' rights and improving their working conditions through collective bargaining and representation. Based in New York, the union focuses on negotiating fair wages, benefits, and job security for its members. By uniting workers under a common banner, Local Union 1556 empowers employees to negotiate with employers from a position of strength, fostering a collaborative environment that seeks to address workplace grievances effectively.

The union’s efforts help ensure that workers have a voice in important decisions that affect their careers and livelihoods, contributing to greater job satisfaction and stability. In addition to collective bargaining, Local Union 1556 provides representation in disputes and negotiations, safeguarding members' rights and interests. Through these activities, the union not only enhances economic conditions for its members but also promotes a fairer labor market overall.




This information is meant to be a general summary of Local Union 1556. 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
$2,057,999 (2022)
Expenses
$1,828,501 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35,083
  • Program Service Revenue: $2,012,234
  • Gross Receipts: $2,057,999

Assets and Liabilities:

  • Total Assets: $2,715,890
  • Total Liabilities: $0
  • Net Assets: $2,715,890

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Programs

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

DUES

Revenue

$1,959,723

INITIATIONS

Revenue

$42,235

FINES AND UPGRADES

Revenue

$10,276

Organization Details

Founding Year

2011

Principal Officer

Carl Zanchelli

Main Address

395 HUDSON STREET 1ST FLOOR, NEW YORK, NY, 10014

NTEE Category

Code: J40 - Employment

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