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Filing year 2024

RESIDENTIAL CONSTRUCTION & GENERAL SERVICE WORKERS LOCAL UNION 55

Newark, New Jersey·EIN 26-4075216·5
Total revenue
$793k
Total assets
$2.1M
Total expenses
$705k
Reported officers
12
Mission

TO IMPROVE WORKING CONDITIONS AND LIVING STANDARDS OF MEMBERS THROUGH COLLECTIVE BARGAINING, EDUCATION, TRAINING AND EMPLOYEE BENEFITS AND TO ESTABLISH NECESSARY PROCEDURES FOR THE AMICABLE ADJUSTMENT OF ALL DISPUTES WHICH MAY ARISE BETWEEN EMPLOYERS AND EMPLOYEES.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

Bus Mgr/sec Tre
officer (unspecified)
$85k
$92k
Board Member/organizer
officer (unspecified)
$66k
$72k
Board Member - Eff 08/24
board member
$9k
$10k
Recording Sec
officer (unspecified)
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 34%
from 2023

From $64k in 2023 to $85k in 2024.

$64k
2023
$85k
2024
In today's dollarsEst.
Up 29% in real terms$72k to $92k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

RESIDENTIAL CONSTRUCTION & GENERAL SERVICE WORKERS LOCAL UNION 55 reported revenue and expenses across 2 filing years.

RevenueExpenses
$582k
$344k
2023
$793k
$705k
2024
Total revenue and total expenses from IRS Form 990 filings.
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