Nonprofits›Local 861 Employer Container Royalty Trust
Community Improvement & Capacity Building
Local 861 Employer Container Royalty Trust
PORTLAND, ME
Total revenue
$467K
Total expenses
$469K
Net assets
$226K
Grants received
—
EIN
846696120
Tax year
2024
Mission
The mission of the Trust is to receive container royalty payments earned pursuant to a collective bargaining agreement and then disburse the container royalties to union employees as supplemental income benefits.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$461K
Investment income$5K
Other revenue—
Total revenue$467K
Expenses
Grants paid—
Salaries & benefits$363K
Fundraising—
Other expenses$106K
Total expenses$469K
Total assets$226K
Net assets$226K
People
4 listed
NameRoleCompensation
Robert Connolly Jr
Trustee
Board
—
0.5 hrs/wk
Daniel Martorano
Trustee
Board
—
0.5 hrs/wk
Gylfi Sigfusson
Trsutee
Board
—
0.5 hrs/wk
Tryggvi Mar Magnusson
Trustee
Board
—
0.5 hrs/wk
Details
EIN846696120
NTEE codeS47
Subsection02
Ruling date2020-05
Formed2019
Employees0
Volunteers0