Civic Intelligence

Laundry Distribution & Food Service

990 • Fiscal year 2017 • EIN 27-3605306

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

701-703 McCarter HighwayNewark, NJ 07102

(973) 735-6464

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.01x

Higher debt load relative to assets than 44% of similar nonprofits.

2017 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

41st percentile

0.02x

Higher debt load relative to revenue than 41% of similar nonprofits.

2017 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2017

Net Margin

20th percentile

-1.2%

Higher net margin than 20% of similar nonprofits.

2017 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$253,578

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2017 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2017

Asset Growth

32nd percentile

2.7%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

10th percentile

-10%

Faster revenue growth than 10% of similar nonprofits.

2017 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$8,271,763

Up $221,078 (+2.7%) from 2016

Net Assets

Up

$8,167,803

Up $203,584 (+2.6%) from 2016

Liabilities

Up

$103,960

Up $17,494 (+20%) from 2016

Revenue

Down

$5,717,229

Down $656,489 (-10%) from 2016

Expenses

Down

$5,787,009

Down $17,246 (-0.3%) from 2016

Net Income

Down

-$69,780

Down $639,243 (-112%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2012: $594,685Liabilities 2012: $6,293Net Assets 2012: $588,3922012Assets 2013: $975,390Liabilities 2013: $720Net Assets 2013: $974,6702013Assets 2014: $7,667,431Liabilities 2014: $67,535Net Assets 2014: $7,599,8962014Assets 2015: $7,452,960Liabilities 2015: $58,204Net Assets 2015: $7,394,7562015Assets 2016: $8,050,685Liabilities 2016: $86,466Net Assets 2016: $7,964,2192016Assets 2017: $8,271,763Liabilities 2017: $103,960Net Assets 2017: $8,167,8032017Assets 2018: $9,048,565Liabilities 2018: $397,992Net Assets 2018: $8,650,5732018Assets 2019: $8,577,198Liabilities 2019: $401,272Net Assets 2019: $8,175,9262019Assets 2020: $7,772,201Liabilities 2020: $454,232Net Assets 2020: $7,317,9692020Assets 2021: $7,970,642Liabilities 2021: $440,697Net Assets 2021: $7,529,9452021Assets 2022: $7,543,347Liabilities 2022: $461,994Net Assets 2022: $7,081,3532022Assets 2023: $6,966,683Liabilities 2023: $451,652Net Assets 2023: $6,515,0312023Assets 2024: $6,609,975Liabilities 2024: $459,752Net Assets 2024: $6,150,2232024

Highlighted filing

2017

Assets$8,271,763
Liabilities$103,960
Net Assets$8,167,803

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $5,296,7172012Revenue 2013: $5,016,533Expenses 2013: $4,808,935Net Income 2013: $207,5982013Revenue 2014: $5,411,199Expenses 2014: $5,265,753Net Income 2014: $145,4462014Revenue 2015: $5,227,799Expenses 2015: $5,432,939Net Income 2015: -$205,1402015Revenue 2016: $6,373,718Expenses 2016: $5,804,255Net Income 2016: $569,4632016Revenue 2017: $5,717,229Expenses 2017: $5,787,009Net Income 2017: -$69,7802017Revenue 2018: $6,726,811Expenses 2018: $5,939,987Net Income 2018: $786,8242018Revenue 2019: $5,593,642Expenses 2019: $6,068,289Net Income 2019: -$474,6472019Revenue 2020: $5,057,018Expenses 2020: $5,914,975Net Income 2020: -$857,9572020Revenue 2021: $5,632,124Expenses 2021: $5,420,148Net Income 2021: $211,9762021Revenue 2022: $4,780,293Expenses 2022: $5,229,280Net Income 2022: -$448,9872022Revenue 2023: $4,834,880Expenses 2023: $5,401,202Net Income 2023: -$566,3222023Revenue 2024: $4,740,316Expenses 2024: $5,105,124Net Income 2024: -$364,8082024

Highlighted filing

2017

Revenue$5,717,229
Expenses$5,787,009
Net Income-$69,780
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.0
Gross Receipts
$5,717,229
Mission and Program Overview

Mission

The purpose of the union, as representative of its members, is to provide for the continuous employment of labor, to bring about stable conditions in the industries of employment, and to establish procedures for the settlement of disputes.

Union labor representation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,176,812$5,176,812→ $0
Savings and Temporary Cash Investments$2,502,230$2,461,109▼ $41,121
Land, Buildings, and Equipment, Net$99,543$355,103▲ $255,560
Cash and Non-Interest-Bearing Accounts$232,982$262,870▲ $29,888
Accounts Receivable$29,550$3,460▼ $26,090
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$8,050,685$8,271,763▲ $221,078
Other Assets Total$9,568$12,409▲ $2,841
Liabilities
Accounts Payable and Accrued Expenses$77,988$96,511▲ $18,523
Other Liabilities$8,478$7,449▼ $1,029
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$86,466$103,960▲ $17,494
Net Assets / Fund Balance
Unrestricted Net Assets$7,964,219$8,167,803▲ $203,584
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$7,964,219$8,167,803▲ $203,584
Total Liabilities and Net Assets / Fund Balance$8,050,685$8,271,763▲ $221,078

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$81,739$230,718$312,457
Buildings$243,364$32,745$276,109
Land$30,000-$30,000
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Other Securities$1,459,762--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra RichEx Director of Benefits-$194,452$59,126$253,578
Wilfredo LarancuentSecretary TreasurerFT$147,212$46,904$194,116
Kevin McCannControllerPT$128,989$45,916$174,905
Albert ArroyoCo-ManagerFT$106,087$39,707$145,794
Megan ChambersCo-ManagerFT$95,481$38,022$133,503
Gail MuhammadCo-ChairpersonFT$49,942$29,390$79,332
Cleveland JenkinsExecutive Board Member-$3,842-$3,842
Andrew McCambridgeExecutive Board Member-$2,686-$2,686
David TorunoExecutive Board Member-$1,939-$1,939
Eliana OceanaExecutive Board Member-$1,714-$1,714
Phil SpearsExecutive Board Member-$1,616-$1,616
Anthony BanosExecutive Board Member-$1,135-$1,135
Maria ToussaintExecutive Board Member-$1,091-$1,091
Renzo SerradoExecutive Board Member-$810-$810
Yolando TurnerExecutive Board Member-$776-$776
Elizabeth BrammerExecutive Board Member-$554-$554
Rosa JimenezExecutive Board Member-$548-$548
Luciano CanetteExecutive Board Member-$512-$512
Cecilia GomezExecutive Board Member-$496-$496
Angela BialoruckiExecutive Board Member-$458-$458
Theo SchulterbronExecutive Board Member-$385-$385
Lorenzo HallExecutive Board Member-$191-$191
Milagros GonzalezExecutive Board Member-$112-$112

Board Members and Trustees

NameTitle
Alberto GarciaExecutive Board Member
Francisco ZapataExecutive Board Member
Gloria HurleyExecutive Board Member
Javier FloresExecutive Board Member
Jose SantosExecutive Board Member
Marvin BowmanExecutive Board Member
Raphael MatosExecutive Board Member
Ricardo PerezExecutive Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,735,328
Investment Income
$92,479
Other Revenue
$1,889,422
Change in Net Assets
$-69,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,240,136
Other Expenses$2,546,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,755,726
Payments to Affiliates---$1,294,182
Other Employee Benefits---$587,926
Current Officers, Directors, Trustees, and Key Employees---$415,986
Travel---$336,401
Pension Plan Contributions---$302,252
Fees for Services Legal---$256,060
Payroll Taxes---$178,246
Occupancy---$134,638
Conferences and Meetings---$117,775
Information Technology---$59,762
Fees for Services Other---$47,701
Depreciation Depletion---$46,148
Office Expenses---$44,701
Insurance---$36,042
All Other Expenses---$33,039
Other Expenses---$17,820
Fees for Services Accounting---$7,000
Total Functional Expenses$0$0$0$5,787,009
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Deductions - Non Taxes$7,449
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization is a labor union supported by dues paying members.

Form 990, Part VI, Section A, Line 7A

The organization is a labor union whose officers are elected by members every three years.

Form 990, Part VI, Section A, Line 7B

Any increase in a current assessment or the establishment of a new assessment must be approved by the general membership. In addition any merger or affiliation with another entity must be approved by the general membership.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the preparer and external accountant with the Manager(s) and Secretary Treasurer before filing.

Form 990, Part VI, Section B, Line 12C

It is our policy to examine the LM-30 filings, which are available online, of any officer or employee. The President shall notify the Executive board of any LM-30 filings and make them available to the Executive Board upon request. The U.S. DOL requires Union officers and employees to disclose: (a) whether they or certain family members hold any interest in or receive any benefit from employers whose employees the Union represents or seeks to represent; Union affiliated trusts, vendors to the Union or major vendors to represented employers, and (b) whether they have engaged in certain other transactions. Individuals disclose these potential conflicts of interest annually by filing an LM-30 form with the DOL. The Union enforces and monitors compliance with its conflicts policy by examining the LM-30 forms and making them available to the Union's governing body. In this manner, the governing body is made aware if any officer or employee (or his/her immediate family) has an interest that may conflict with his/her responsibilities to the Union. Further, the Labor Management Reporting and Disclosure Act prohibits Union officers from "holding or acquiring any pecuniary or personal interest which conflicts with the interest of such organization". (29 U.S.C. Sec.501). Any member may sue to enforce this provision. The governing body or a member may bring internal charges against an officer or employee for violating the conflict of interest policy. All such charges are investigated by the governing body.

Form 990, Part VI, Section B, Line 15

Salaries of the top officer, other officers and key employees are approved without the affected officer/employee participating in the approval. In setting salaries for the positions described, the decision makers use data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations.

Form 990, Part VI, Section C, Line 19

Copies are provided upon request. Inspection is available during normal working hours.

Filing and Contact Details

Filer

Filer Name
Laundry Distribution & Food Service
EIN
27-3605306
Phone
9737356464
Address
701-703 McCarter Highway, Newark, NJ 07102

Signing Officer

Name
Albert Arroyo
Title
Co-Manager
Phone
9737356464
Signed
2018-05-15

Organization Details

Principal Officer
Albert Arroyo
Formed
2010
Legal Domicile
Nj
Voting Board Members
28
Independent Board Members
28
Employees
187
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Local 617 (EIN 22-2097244) signed an affiliation agreement with the Laundry Distribution & Food Service Joint Board, Workers United/SEIU in March of 2016. The transition was completed 12/31/17 with the transfer of the building held by Local 617 to the Laundry Distribution & Food Service Joint Board. The transfer included the building at cost ($276,109), the Land at cost ($30,000) and Accumulated Depreciation on the Building ($32,745)

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IRS990/Form990PartVIISectionAGrp/PersonNm14Elizabeth Brammer
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IRS990/Form990PartVIISectionAGrp/PersonNm16Anthony Banos
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IRS990/Form990PartVIISectionAGrp/PersonNm18Cecilia Gomez
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IRS990/MissionDesc0The purpose of the union, as representative of its members, is to provide for the continuous employment of labor, to bring about stable conditions in the industries of employment, and to establish procedures for the settlement of disputes.
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