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International Longshoremens Association Local 970

Norfolk, VA / EIN 54-0618141 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2008521,014595,607−74,5939.037%
2009394,335438,592−44,25711.051%
2010417,642431,383−13,74110.851%
2011482,856537,930−55,0747.442%
2012441,563530,556−88,9935.544%
2013589,739528,39261,3476.944%
2014693,789638,51855,2716.738%
2015761,830846,065−84,2353.918%
20161,023,958657,771366,18711.743%
20171,009,621670,765338,85617.543%
20181,164,498927,082237,41615.844%
20191,217,670987,222230,44817.645%
20201,140,833878,584262,24923.453%
20211,257,3671,009,302248,06523.348%
20221,770,0191,070,311699,70829.865%
20231,494,7851,171,887322,89830.559%

In its most recent public year (2023), this organization brought in $322,898 more than it spent. Its reserves stood at about 30.5 months of spending, up from 9 in 2008. Staff pay was 59% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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