Mission
TO COLLECT CONTAINER ROYALTY TONNAGE ASSESSMENTS AS DETERMINED BY THE MASTER CONTRACT, TO PAY WELFARE CONTAINER ROYALTY BENEFITS TO ELIGIBLE PARTICIPANTS AND BENEFICIARIES AND TO PAY FOR THE PAYROLL TAXES RELATED TO THOSE BENEFITS.
Public Charity
EMPLOYERS - ILA NC PORTS CONTAINERIZATION VACATION PLAN
Based in WILMINGTON, NC, EMPLOYERS - ILA NC PORTS CONTAINERIZATION VACATION PLAN operates as a Public Charity. The organization reported $3.4M in revenue, $3.2M in expenses, $3.7M in total assets for fiscal year 2025.
EIN: 566153337
WILMINGTON, NC
Latest filing: 2025
Total Revenue$3.4M
Total Expenses$3.2M
Total Assets$3.7M
Grant Records0
Filing Years2021–2025
Where $100 goes at Employers - Ila NC Ports Containerization Vacation Plan
How Employers - Ila NC Ports Containerization Vacation Plan divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Collected container royalty tonnage assessments and paid welfare containerization benefits to 300 eligible participants and/or beneficiaries and paid the related payroll taxes on those benefits
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
EMPLOYER TRUSTEE
Adam Balderson
UNION TRUSTEE
Charles E Seaton
ALTERNATE-UNION TRUSTEE
Glen Hart
ALTERNATE-UNION TRUSTEE
Gregory Melton
UNION TRUSTEE CHAIRMAN
Gregory Washington
UNION TRUSTEE
John W Ellis
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.4M | $3.2M | $3.7M |
| 2024 | $4.2M | $4.1M | $4.4M |
| 2023 | $4.2M | $4.1M | $4.3M |
| 2022 | $5.4M | $5.3M | $5.4M |
| 2021 | $4.3M | $4.3M | $4.7M |
Between 2021 and 2025, reported annual revenue declined from $4.3M to $3.4M (-23%), with total assets most recently reported at $3.7M.
Interactive year-over-year charts and full filing details available with membership.