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Nonprofit · EIN 52-1358059

LABOR INSTITUTE INC

Tax-exempt · NEW YORK, NY 10029

Financials

$1.1M$1.1M2023$1.1M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of LABOR INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$1,128,670$1,263,632-$134,962$1,559,612$458,987$1,100,625
December 31, 2023990$1,094,073$1,064,668$29,405$1,540,046$347,757$1,192,289
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$947,654
of which government grants
$697,654
Program service revenue
$168,683
Investment income
$12,333
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$228,687
Other salaries and wages
$249,716
Salaries, compensation and benefits (total)
$745,902
Professional fundraising fees
$0
Occupancy
$29,038
Travel
$32,789
Program services (functional)
$1,031,369
Management and general (functional)
$232,263

Balance sheet and other

Total assets, start of year
$1,540,046
Total assets, end of year
$1,559,612
Total liabilities, end of year
$458,987
Net assets, end of year
$1,100,625
Net assets without donor restrictions
$96,600
Net assets with donor restrictions
$1,004,025
Gross receipts
$1,128,670
Employees
5
Volunteers
0
Year formed
1985
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JIM YOUNGSECRETARY
Trustee or director, Officer
40$117,619$44,655
LESLIE J LEOPOLDPRESIDENT
Trustee or director, Officer
40$111,068$48,989
SALLY SILVERSTREASURER
Trustee or director, Officer
1$4,308$0
MICHAEL MERRILLCHAIRMAN OF BOARD
Trustee or director
0$0$0
ADOLPH REEDDIRECTOR
Trustee or director
0$0$0
JOAN GREENBAUMDIRECTOR
Trustee or director
0$0$0
CAROLYN MUGARDIRECTOR
Trustee or director
0$0$0
MARK DUDZICDIRECTOR
Trustee or director
0$0$0
DAVID ROSENDIRECTOR
Trustee or director
0$0$0
SUSAN WEFALDDIRECTOR
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
JIM YOUNGSECRETARY
Trustee or director, Officer
40$117,619$44,249
LESLIE J LEOPOLDPRESIDENT
Trustee or director, Officer
40$111,068$39,800
SALLY SILVERSTREASURER
Trustee or director, Officer
1$3,951$0
MICHAEL MERRILLCHAIRMAN OF BOARD
Trustee or director
0$0$0
ADOLPH REEDDIRECTOR
Trustee or director
0$0$0
JOAN GREENBAUMDIRECTOR
Trustee or director
0$0$0
CAROLYN MUGARDIRECTOR
Trustee or director
0$0$0
MARK DUDZICDIRECTOR
Trustee or director
0$0$0
DAVID ROSENDIRECTOR
Trustee or director
0$0$0
SUSAN WEFALDDIRECTOR
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
330 E 109TH STREET, NEW YORK, NY 10029-3723
Principal officer (990 for 2024)
LESLIE J LEOPOLD, 330 E 109TH STREET 1C, NEW YORK, NY 10029
Signed the 990
LESLIE J LEOPOLD, PRESIDENT
Phone
(917) 853-9672
Return prepared by
ROGOFF & COMPANY PC

Mission

THE PURPOSE OF THE LABOR INSTITUTE IS TO PROVIDE EDUCATION FOR WORKING PEOPLE AND FOR COMMUNITY GROUPS, EDUCATIONAL ORGANIZATIONS AND LABOR ORGANIZATIONS ON JOB RELATED HEALTH AND SAFETY ISSUES AND ECONOMICS.

990 for the year ended December 31, 2024

Program accomplishments

  • LECTURE COURSES AND AUDIO VISUAL DISPLAY CONCERNING ECONOMICS AND OTHER TOPICS RELATED TO WORKING PEOPLE.
    Expenses $1,031,369

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1358059
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,559,612
Income (IRS master file)
$1,128,670

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,128,670$1,263,632$1,559,612XML
990December 2023$1,094,073$1,064,668$1,540,046XML
990December 2022$1,153,840$1,381,675$1,523,967IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1358059).

Questions about LABOR INSTITUTE INC

What is the EIN of LABOR INSTITUTE INC?
The employer identification number (EIN) of LABOR INSTITUTE INC is 52-1358059.
Is LABOR INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to LABOR INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LABOR INSTITUTE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LABOR INSTITUTE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LABOR INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LABOR INSTITUTE INC?
The 990 for the year ended December 31, 2024 names LESLIE J LEOPOLD.
Who are the officers and directors of LABOR INSTITUTE INC?
The 990 for the year ended December 31, 2024 lists 10 people; 3 received compensation from the organization, the highest $117,619 (JIM YOUNG, SECRETARY).
How much revenue does LABOR INSTITUTE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,128,670, expenses of $1,263,632 and total assets of $1,559,612 at year end.

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