Local Union 1556
COLLECTIVE BARGAINING AND REPRESENTATION FOR THEIR MEMBERS
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+10.7% YoY
Revenue
$2.0M
+3.5% YoY
Net Investment Income
$87K
+277.4% YoY
Expenses
$1.9M
+1.1% YoY
About Local Union 1556
Based on IRS filings
Local Union 1556 is a nonprofit organization, based in NEW YORK, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.1M in total assets. Net investment income was $87K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,122,482 | $2,819,556 | $2,715,890 |
| Revenue | $1,999,206 | $1,932,254 | $2,057,999 |
| Expenses | $1,877,359 | $1,857,117 | $1,828,501 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $86,621 | $22,949 | $35,083 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTOR SAUME | FINANCIAL SECRETARY | 2 | $6,525 |
| COLLETTE MCCREADY | TRUSTEE (P) | 2 | $4,025 |
| JOHN PARZYCH | TRUSTEE (P) | 2 | $5,250 |
| SEAMUS GLACKIN | TRUSTEE | 2 | $4,025 |
| PETER KOWALEVICH | TRUSTEE | 2 | — |
| REY CANDELARIO | TRUSTEE | 2 | $525 |
| BRIAN MCLAUGHLIN | RECORDING SECRETARY | 2 | $6,575 |
| ROBERT REICHE | CONDUCTOR (P) | 2 | $175 |
| CARL ZANCHELLI | PRESIDENT | 8 | $14,325 |
| WAYNE CLARK | TREASURER | 2 | $5,950 |
| CHRISTOPHER SORENSEN | VP | 2 | $4,525 |
| MATTHEW ANGELLETTA | TREASURER (P) | 4 | $8,100 |
| FREDRICK LAWSON | CONDUCTOR | 2 | $1,925 |
| RAYMOND SANCHEZ | WARDEN | 2 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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