NonprofitsLocal 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
LOCAL 861 EMPLOYER CONTAINER ROYALTY TRUST — Mission, Financials & Grants Received | Grantivo