General Contractors Association Of N Y Inc
- Assets
- $5.2m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 8
- Location
- New York, NY
- Founding
- 09/1944
- Data as of
- 12/2021
- EIN
- 13-0762390
Organization Overview
General Contractors Association Of N Y Inc is located in New York, NY. The organization was established in 1944. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, General Contractors Association Of N Y Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. General Contractors Association Of N Y Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, General Contractors Association Of N Y Inc generated $3.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ASSIST IN CURRENT ISSUES, REPRESENT MEMBER CAUSES & HANDLE UNION CONTRACT NEGOTIATIONS FOR MEMBER GENERAL CONTRACTORS IN THE NEW YORK METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST IN CURRENT ISSUES, REPRESENT MEMBER CAUSES & HANDLE UNION CONTRACT NEGOTIATIONS FOR MEMBER GENERAL CONTRACTORS IN THE NEW YORK METROPLITAN AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wessels Robert G Secretary/executive Direct | Officer | 39 | $374,108 |
Tyson William Director, Labor Relations | 39 | $247,436 | |
Farber Felice Sr.dir., Policy & External Relations | 39 | $226,675 | |
Murray John Deputy Director, Labor Relations | 39 | $136,552 | |
Boylan Christopher Director Of Governmental & Strategic Partnerships | 40 | $131,345 | |
Pacheco Juan It Manager | 40 | $100,727 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fti Consulting Inc Consulting Services | 12/30/16 | $782,347 |
Mcelroy Deutsch Mulvaney & Carpenter Legal | 12/30/16 | $110,598 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $212,445 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $403,649 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $616,094 |
| Total Program Service Revenue | $0 |
| Investment income | $29,575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$76,040 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,924,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $374,108 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,016,022 |
| Pension plan accruals and contributions | $73,797 |
| Other employee benefits | $112,634 |
| Payroll taxes | $90,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,774 |
| Fees for services: Accounting | $118,635 |
| Fees for services: Lobbying | $94,450 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,340 |
| Advertising and promotion | $137,040 |
| Office expenses | $118,559 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $434,719 |
| Travel | $17,623 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $95,910 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,075 |
| Insurance | $50,854 |
| All other expenses | $0 |
| Total functional expenses | $3,522,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,244 |
| Savings and temporary cash investments | $1,651,928 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $173,293 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $73,583 |
| Net Land, buildings, and equipment | $122,274 |
| Investments—publicly traded securities | $2,905,321 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,936 |
| Total assets | $5,224,579 |
| Accounts payable and accrued expenses | $308,343 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,974,892 |
| Total liabilities | $4,283,235 |
| Net assets without donor restrictions | $923,344 |
| Net assets with donor restrictions | $18,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,224,579 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that General Contractors Association Of N Y Inc has recieved totaling $5,750.
| Awarding Organization | Amount |
|---|---|
International Brotherhood Of Tmstrs Lake Success, NY PURPOSE: CONTRIBUTION | $5,750 |
Endowment Analysis
| Beg. Balance | $408,342 |
| Earnings | $35,048 |
| Ending Balance | $443,390 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Cargo Bureau Inc New York, NY | $143,044,465 | $25,246,803 |
Effie Worldwide Inc New York, NY | $5,194,477 | $9,012,893 |
Association For Iron And Steel Technology Warrendale, PA | $25,867,856 | $8,482,182 |
Association Of Junior Leagues International Inc New York, NY | $6,233,949 | $6,169,858 |
Pennsylvania Municipal League Harrisburg, PA | $4,038,620 | $4,353,678 |
General Contractors Association Of N Y Inc New York, NY | $5,224,579 | $3,924,601 |
Associated Construction Contractors Of New Jersey Inc Edison, NJ | $3,469,293 | $3,847,695 |
Continuing Care Leadership Coalition Inc New York, NY | $0 | $1,160,487 |
Metropolitan Marine Maintenance Contractors Association Inc Rutherford, NJ | $14,907,336 | $3,346,080 |
United Assoc Of Journeymen And Apprentices Of Plumbing & Pipefit Glens Falls, NY | $19,592,168 | $3,249,333 |
Northeast Business Group On Health Inc New York, NY | $2,773,628 | $2,187,232 |
Pennsylvania Surplus Lines Association Exton, PA | $6,353,987 | $2,358,445 |