International Longshoremens 1588 Corp

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

EIN: 900140634 ✦ Bayonne, NJ ✦ Designated as a 501(c)(2)

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Overview

What is International Longshoremens 1588 Corp?

International Longshoremens 1588 Corp is a nonprofit organization situated in Bayonne, New Jersey, with an address at 550 Kennedy Blvd. Their primary activity involves leasing land and buildings to an affiliated exempt organization, specifically International Longshoremen 1588 ILA and associated entities. This partnership allows for the continued operation and potential expansion of the affiliated organization's initiatives. The exact nature of these initiatives or the services they provide is not detailed in the information provided, but it can be inferred that they likely support or operate under the umbrella of the International Longshoremen's Association (ILA) or a similar organization.

Is International Longshoremens 1588 Corp legitimate?

International Longshoremens 1588 Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. International Longshoremens 1588 Corp 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: $0

For more financial information, click here

What is the mission statement of International Longshoremens 1588 Corp?

The International Longshoremens 1588 Corp's primary mission is to lease out a land and a building to the International Longshoremen 1588 ILA and its affiliated entities. This corporation's activity is centered around providing rental space to these exempt organizations, which are likely related to the longshoremen's union. The lease agreement between the International Longshoremens 1588 Corp and the affiliated entities is likely intended to support the operations of these organizations, providing them with a physical space to carry out their activities. The exact nature of these activities is not specified in the provided information.

Who is the CEO of International Longshoremens 1588 Corp?

Virgil Maldonado is the Trustee/Business Agent of International Longshoremens 1588 Corp.

What is the revenue of International Longshoremens 1588 Corp?

International Longshoremens 1588 Corp's revenue in 2022 was $31,398.

Who are the executives of International Longshoremens 1588 Corp and what are their salaries?


Here are 11 key members and their salaries:


Roger Perez (Trustee/Business Agent)
  • Compensation: $0
  • Related: $13,488
  • Other: $0
David Maldonado (Trustee)
  • Compensation: $0
  • Related: $20,316
  • Other: $0
Michael Aceti (Trustee)
  • Compensation: $0
  • Related: $10,484
  • Other: $900
Virgil Maldonado (President)
  • Compensation: $0
  • Related: $382,693
  • Other: $10,800
Paul Paudano (Warehouse Vice President)
  • Compensation: $0
  • Related: $13,544
  • Other: $1,320
Mark Santoro (Secretary/Treasurer)
  • Compensation: $0
  • Related: $131,885
  • Other: $1,320
Donnell Linton (Business Agent)
  • Compensation: $0
  • Related: $4,768
  • Other: $900
Neil Pacilio (Recording Secretary)
  • Compensation: $0
  • Related: $61,613
  • Other: $1,320
Vito Recchia (Deep Sea Vice President)
  • Compensation: $0
  • Related: $8,820
  • Other: $1,320
William Sampson (Vp Apri Of Hudson County)
  • Compensation: $0
  • Related: $10,284
  • Other: $0
Brenda Eagle (Office Manager)
  • Compensation: $0
  • Related: $163,686
  • Other: $900
Where can I find the form 990 for International Longshoremens 1588 Corp?

International Longshoremens 1588 Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of International Longshoremens 1588 Corp

International Longshoremens 1588 Corp's mission is centered around leasing land and a building to the International Longshoremen 1588 ILA and its affiliated entities. This nonprofit organization provides a rental space, acting as a landlord to these exempt organizations. By doing so, it contributes to their operations and activities, potentially supporting their causes in an indirect yet significant manner. The exact nature of the activities or missions of the International Longshoremen 1588 ILA and its affiliates is not specified in the information provided, but the leasing of land and a building by International Longshoremens 1588 Corp serves as a crucial resource for these organizations to carry out their missions.

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Impact




October, 2024

International Longshoremens 1588 Corp plays a vital role in supporting the operations of the International Longshoremen 1588 ILA and its affiliated entities by providing essential facilities for their activities. By leasing land and buildings, this organization enables the smooth functioning of logistics and maritime operations, directly contributing to the efficiency and effectiveness of workforce management in the longshore industry.

Located in Bayonne, NJ, the corporation's facilities serve as a hub for training, coordination, and union activities, which are critical for longshoremen and related labor. This not only enhances workers' skills and safety but also fosters a sense of community and collaboration among those in the maritime labor sector.

The impact of International Longshoremens 1588 Corp extends beyond just providing space; it supports the overall infrastructure that underpins the maritime economy in the region, ensuring that the labor force can operate effectively, negotiate benefits, and maintain standards of working conditions. This ultimately contributes to the economic vitality of Bayonne and the larger New Jersey area, reinforcing the significance of organized labor in the shipping and logistics sectors.




This information is meant to be a general summary of International Longshoremens 1588 Corp. 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
$31,398 (2022)
Expenses
$26,929 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $27,200
  • Gross Receipts: $52,800

Assets and Liabilities:

  • Total Assets: $408,992
  • Total Liabilities: $481,458
  • Net Assets: -$72,466

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Programs

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

RENTAL INCOME FROM AFF

Revenue

$27,200

Organization Details

Founding Year

1973

Principal Officer

Virgil Maldonado

Main Address

550 KENNEDY BLVD, BAYONNE, NJ, 070022620

NTEE Category

Code: Z99 - Unknown

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