International Longshoremens Associa S Fl Ila Container Royalty Fund

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

EIN: 596251129 ✦ Miami, FL ✦ Designated as a 501(c)(17)

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Overview

What is International Longshoremens Associa S Fl Ila Container Royalty Fund?

International Longshoremens Associa S Fl Ila Container Royalty Fund is a Miami, Florida-based nonprofit organization with a team of four individuals. Its primary mission is to provide supplemental wage benefits to eligible union members impacted by the containerization of vessels in the industry. During the fiscal year ended September 30, 2022, the organization extended these benefits to 1,454 union members. The organization's most significant activity revolves around supporting and enhancing the financial wellbeing of those affected by industry changes.

Is International Longshoremens Associa S Fl Ila Container Royalty Fund legitimate?

International Longshoremens Associa S Fl Ila Container Royalty Fund is a legitimate nonprofit organization registered as a 501(c)(17) entity. International Longshoremens Associa S Fl Ila Container Royalty Fund 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: $15,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,759

For more financial information, click here

What is the mission statement of International Longshoremens Associa S Fl Ila Container Royalty Fund?

The International Longshoremens Associa S Fl Ila Container Royalty Fund focuses on providing supplemental wage benefits to eligible union members who have been impacted by the containerization of vessels in the industry. This organization's primary mission is to support these workers by offsetting income losses resulting from the containerization trend. In the year ending September 30, 2022, the fund successfully distributed benefits to a total of 1,454 eligible union members.

Who is the CEO of International Longshoremens Associa S Fl Ila Container Royalty Fund?

Anthony Arrufat is the Fund Adminis of International Longshoremens Associa S Fl Ila Container Royalty Fund.

What is the revenue of International Longshoremens Associa S Fl Ila Container Royalty Fund?

International Longshoremens Associa S Fl Ila Container Royalty Fund's revenue in 2022 was $19,066,889.

Who are the executives of International Longshoremens Associa S Fl Ila Container Royalty Fund and what are their salaries?

The average compensation at International Longshoremens Associa S Fl Ila Container Royalty Fund during 2022 was $57,590. There are 4 employees at International Longshoremens Associa S Fl Ila Container Royalty Fund.


Here are 10 key members and their salaries:


Luis Gonzalez (Fund Adminis)
  • Compensation: $26,737
  • Related: $247,450
  • Other: $367
Anthony Arrufat (Trustee)
  • Compensation: $11,137
  • Related: $247,450
  • Other: $367
Torin Ragin (Trustee)
  • Compensation: $11,137
  • Related: $206,622
  • Other: $416
Johnnie Dixon (Trustee)
  • Compensation: $11,137
  • Related: $243,653
  • Other: $416
Francisco Rovirosa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduardo Montoto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Alvarez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Roland (Former Trust)
  • Compensation: $11,137
  • Related: $9,200
  • Other: $416
Ellis Canty (Former Trust)
  • Compensation: $454
  • Related: $74,969
  • Other: $726
Cornelius Vanderwyde (Former Trust)
  • Compensation: $0
  • Related: $107,460
  • Other: $0
Where can I find the form 990 for International Longshoremens Associa S Fl Ila Container Royalty Fund?

International Longshoremens Associa S Fl Ila Container Royalty Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of International Longshoremens Associa S Fl Ila Container Royalty Fund

The International Longshoremen's Associates S Fl Ila Container Royalty Fund is a nonprofit organization that aims to enhance the wages of eligible union members in the industry, primarily affected by the containerization of vessels. This organization's most significant activity revolves around providing supplemental wage benefits to union members who have been impacted by this industrial transformation.

In simple terms, the International Longshoremen's Associates S Fl Ila Container Royalty Fund serves as a safety net for union members dealing with the consequences of containerization in their industry. By providing supplemental wage benefits, this nonprofit helps bridge the gap and maintain a decent standard of living for those directly affected.

During the 2022 fiscal year, this organization extended its supporting hand to 1,454 eligible union members, demonstrating the breadth and importance of its mission. By doing so, they contribute to the overall well-being and financial stability of these individuals, ultimately strengthening their communities and families.

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Impact




October, 2024

The International Longshoremen's Association S FL ILA Container Royalty Fund significantly impacts the lives of eligible union members by providing essential supplemental wage benefits. In the year ended September 30, 2022, these benefits were distributed to 1,454 members, directly assisting those affected by the containerization of vessels in the industry. This support helps mitigate the financial challenges faced by longshore workers, ensuring they have a more stable income despite the shifts in their industry. The fund's mission plays a crucial role in fostering economic security and mutual benefit among its union members in Miami, Florida.




This information is meant to be a general summary of International Longshoremens Associa S Fl Ila Container Royalty Fund. 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
$19,066,889 (2022)
Expenses
$19,050,471 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,504
  • Program Service Revenue: $19,045,385
  • Gross Receipts: $19,066,889

Assets and Liabilities:

  • Total Assets: $18,581,801
  • Total Liabilities: $18,543,895
  • Net Assets: $37,906

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Programs

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

CONTAINER ROYALTIES

Revenue

$13,554,954

DISTRIBUTION FROM CRCCF

Revenue

$4,158,599

DISTRIBUTION FROM CRCCF SURPL

Revenue

$1,320,982

TRANSSHIPMENT FEES

Revenue

$10,850

Organization Details

Founding Year

1969

Principal Officer

Anthony Arrufat

Main Address

1007 N AMERICA WAY SUITE 407, MIAMI, FL, 33132

NTEE Category

Code: Y20 - Mutual benefit

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