United Union of Roofers, Waterproofers and Allied Workers Statements of Revenue, Expenses and Changes in Net Assets Modified Cash Basis Years Ended June 30, 2016 and 2015
General Fund Membership activities Revenue From affiliates Per capita taxes International work dues Initiation and reinstatement fees Supplies Other Total revenue from affiliates Other membership related revenue Total revenue Expenses Salaries, per diem and travel expenses Affiliation fees Administrative expenses Contributions to Roofers’ Political Education and Legislative Fund Educational expenses Meetings and conferences Organizing assistance and expenses Burial benefits Roofer magazine expenses Total expenses
$ 3,453,989 3,158,867 355,465 5,207 1,035 6,974,563 299,360 7,273,923
2016 Journeyman Burial Roofer and Benefit Waterproofer Convention Fund Fund Fund
Retiree Fund
$
-
$
2015
Total
Total
641,121 641,121 641,121
$ 168,650 168,650 168,650
$ 397,531 397,531 397,531
$ 4,661,291 3,158,867 355,465 5,207 1,035 8,181,865 299,360 8,481,225
$ 4,574,126 2,910,447 334,789 4,362 1,300 7,825,024 305,509 8,130,533
3,895,378 268,426 2,130,310
-
16,000 47,502
15,000 6,129
1,612
3,926,378 268,426 2,185,553
3,855,856 258,954 2,084,398
60,648 8,352 165,822 48,907 6,577,843
-
1,037,281 1,100,783
175,701 196,830
1,612
60,648 8,352 165,822 48,907 1,037,281 175,701 7,877,068
58,508 4,705 195,081 45,534 1,020,457 169,479 7,692,972
Change in net assets from membership activities
696,080
-
(459,662)
395,919
604,157
437,561
Investment earnings - net of related expenses
317,198
48,965
407,003
870
774,458
540,904
1,013,278
48,965
(52,659)
396,789
1,378,615
978,465
Change in net assets Unrestricted net assets Beginning of year End of year
(28,180) 422 (27,758)
15,180,877
1,721,344
13,761,145
301,773
537,738
31,502,877
30,524,412
$ 16,194,155
$ 1,770,309
$ 13,708,486
$ 274,015
$ 934,527
$ 32,881,492
$ 31,502,877
49
31603_Roofers_4th_Qtr.indd 49
See accompanying notes to financial statements.
12/7/16 3:26 PM