2024-11-12T09:51:14-06:00 2023-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-01-01 221010703 INTERNATIONAL LONGSHOREMENS 1588 ILA INTE 2014373452 550 KENNEDY BLVD BAYONNE NJ 070022620 VIRGIL MALDONADO PRESIDENT 2014373452 2024-11-12 1 1 JON S GAGLIARDI CPA P00528721 9082727000 2023 2024-10-15 13:58:12Z VIRGIL MALDONADO 550 KENNEDY BLVD BAYONNE NJ 070022620 1688124 0 X N/A X 1938 NJ ORDINARY UNION ACTIVITIES SERVING MEMBERSHIP 9 4 28 0 0 0 1006562 781926 0 0 538190 281588 60460 14429 1605212 1077943 0 0 0 0 964481 1053416 0 0 0 613649 563791 1578130 1617207 27082 -539264 2634236 2149726 40 50 2634196 2149676 ORDINARY UNION ACTIVITIES SERVING MEMBERSHIP 0 0 ALL RELATED UNION ACTIVITIES IN SERVING MEMBERSHIP 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 5 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 4 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 X INTERNATIONAL LONGSHOREMENS 1588 ILA 2014373452 550 KENNEDY BLVD BAYONNE NJ 07002 MICHAEL ACETI TRUSTEE 0.50 0.50 X 11728 0 900 ROGER PEREZ TRUSTEE/BUSINESS AGENT 0.50 0.50 X 22572 0 0 DAVID MALDONADO TRUSTEE 0.50 0.50 X 25488 0 0 VIRGIL MALDONADO PRESIDENT 39.00 1.00 X 381616 0 10800 MARK SANTORO SECRETARY/TREASURER 39.00 1.00 X 139854 0 1320 PAUL PAUDANO WAREHOUSE VICE PRESIDENT 0.50 0.50 X 20641 0 1320 VITO RECCHIA DEEP SEA VICE PRESIDENT 0.50 0.50 X 11052 0 1320 DONNELL LINTON BUSINESS AGENT 1.50 0.50 X 8608 0 2148 NEIL PACILIO RECORDING SECRETARY 39.00 1.00 X 104108 0 1320 BRENDA EAGLE OFFICE MANAGER 39.00 1.00 X 162790 0 1573 888457 0 20701 4 0 1 0 0 781926 781926 42348 42348 849421 610181 239240 239240 239240 COURT ORDERED RESTITUT 900099 6844 6844 INITIATION, WITHDRAWAL 900099 5200 5200 OTHER INCOME 900099 2385 2385 14429 1077943 14429 0 281588 888457 50342 33403 21628 59586 73763 31950 17471 20677 33745 3000 33865 35307 59158 9185 16268 DONATIONS & CONTRIBUTIO 72440 PUBLIC RELATIONS 50000 HOLIDAY EXPENSE 42959 MEMBER GOODWILL & WELFA 24754 39249 1617207 44725 8837 111126 9067 193807 99957 103035 93850 1894992 1557614 480358 480358 2634236 2149726 40 50 40 50 X 2634196 2149676 2634196 2149676 2634236 2149726 -539264 54744 0 X X 0 1 X 1 0 0 0 0 781926 122259 29475 92784 71548 70482 1066 93850 ADVANCES TO LOCAL 1588 CORPORATION 480358 480358 PAYROLL WITHHOLDINGS 50 50 X 1132687 54744 54744 1077943 0 1077943 1617207 0 1617207 0 1617207 PART X, LINE 2: THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE LOCAL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE LOCAL UNION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR YEARS ENDED DECEMBER 31, 2023 AND 2022. THE LOCAL FILES ITS FORM 990 IN THE U.S. FEDERAL JURISDICTION AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR FISCAL YEARS BEFORE 2020, GENERALLY FOR 3 YEARS AFTER THEY ARE FILED. THE LOCAL UNION OBTAINED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501 (C)(5) OF THE INTERNAL REVENUE CODE AND FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. ILA 1588 CORP OBTAINED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501 (C)(2) OF THE INTERNAL REVENUE CODE AND FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. X X 0 0 0 VIRGIL MALDONADO PRESIDENT 381616 0 0 0 0 0 0 0 0 0 381616 0 0 0 BRENDA EAGLE OFFICE MANAGER 162790 0 0 0 0 0 33403 0 21628 0 217821 0 0 0 PART I, LINE 3 BRENDA EAGLE SALARY IS DETERMINED BY WRITTEN EMPLOYMENT CONTRACT. OFFICER SALARIES ARE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS THAT PAY DUES. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO HAVE THE RIGHT TO VOTE AND ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN ACCOUNTING PROFESSIONAL, REVIEWED AND SIGNED BY THE PRINCIPAL OFFICER OF THE LOCAL UNION, AND FILED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 1 THE METHOD OF ACCOUNTING HAS CHANGED TO MODIFIED CASH BASIS FOR THE CURRENT YEAR. FORM 990, PART XXI, LINE 2C THE TRUSTEES AND OFICERS ARE RESPONSBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT AUDITORS. INTL LONGSHOREMENS 1588 CORP 550 KENNEDY BLVD BAYONNE NJ 070022620 900140634 LEASE OF LAND AND BUILDINGS TO INTL LONGSHOREMENS 1588 ILA NJ 501(C) 2 INTERNATIONAL LONGSHOREMENS 1588 ILA 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 ILA 1588 CORP K 28200 RENT