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Nonprofit · EIN 68-6057668

LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND

Also known as WALTON MIKE TTEE

Tax-exempt · WALNUT CREEK, CA 94596

Financials

$636K$365K2023$651K$373K2024
Revenue Expenses · by fiscal year end
Financials of LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$651,233$373,305$277,928$4,257,888$0$4,257,888
December 31, 2023990$636,240$365,084$271,156$4,013,963$0$4,013,963
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$491,033
Investment income
$160,200
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,400
Occupancy
$17,000
Program services (functional)
$324,786
Management and general (functional)
$48,519

Balance sheet and other

Total assets, start of year
$4,013,963
Total assets, end of year
$4,257,888
Total liabilities, end of year
$0
Net assets, end of year
$4,257,888
Publicly traded securities
$2,228,234
Gross receipts
$651,233
Employees
0
Year formed
1989
State of legal domicile
CA

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 / weekCompensation
OSCAR DE LA TORREChairman
Trustee or director
1$0
RAMON HERNANDEZTrustee
Trustee or director
1$0
MICHAEL WALTONSecretary/Ttee
Trustee or director, Officer
5$0
LARRY NIBBITRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
OSCAR DE LA TORREChairman
Trustee or director
1$0
RAMON HERNANDEZTrustee
Trustee or director
1$0
MICHAEL WALTONSecretary/Ttee
Trustee or director, Officer
5$0
LARRY NIBBITRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2175 N CALIFORNIA BLVD STE 420, WALNUT CREEK, CA 94596-3538
Signed the 990
MICHAEL WALTON, Secretary/Ttee
Phone
(925) 930-0353
Return prepared by
DR Watts Accountancy Corp

California records

California keeps its own records of charities and corporations. Search them by EIN 68-6057668 or by the name LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND IS SET UP AS AN AREA AND INDUSTRY WIDE LABOR MANAGEMENT CO-OPERATION COMMITTEE AS PROVIDED FOR BY SECTIONS 302 (C) (9) OF THE TAFT HARTLEY ACT 29 U.S.C. SECTION 106 (C) (9) IT'S EXEMPT PURPOSE IS LABOR RELATIONS, AND THE IMPLEMENTATION OF THE PROVISIONS OF SECTION 9B OF THE LABORERS MASTER AGREEMENT OF NORTHERN CALIFORNIA.SINCE AUGUST 2006 THIS HAS BEEN MODIFIED TO INCLUDE FUNDS COLLECTED FOR THE LABORERS WORK PRESERVATION COMMITTEE TO PROVIDE THAT SUCH FUNDS COLLECTED SHALL BE USED TO ENHANCE BUILDER COMPETITIVENESS AND PRESERVE WORK OPPORTUNITIES FOR EMPLOYEES AND INDIVIDUAL EMPLOYERS COVERED BY THE AGREEMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FUND COLLECTED CONTRIBUTIONS BASED ON HOURS WORKED FROM INDIVIDUAL EMPLOYERS PERFORMING WORK WITHIN THE AREA COVERED BY THE LABORERS 46 NORTHERN CALIFORNIA COUNTIES MASTER AGREEMENT.THESE FUNDS ARE USED TO ENHANCE BUILDER COMPETITIVENESS AND PRESERVE WORK OPPORTUNITIES FOR EMPLOYEES AND INDIVIDUAL EMPLOYERS COVERED BY THE AGREEMENT.

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
68-6057668
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,257,888
Income (IRS master file)
$651,233

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$651,233$373,305$4,257,888IRS
990December 2023$636,240$365,084$4,013,963XML
990December 2022$483,046$363,692$3,742,807IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 68-6057668).

Questions about LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND

What is the EIN of LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND?
The employer identification number (EIN) of LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND is 68-6057668.
Is LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1990.
Are donations to LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND 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 LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND 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 LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does LABORERS BUILDING INDUSTRY STABILIZATION TRUST FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $651,233, expenses of $373,305 and total assets of $4,257,888 at year end.

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