Coat And Suit Industry Trust Fund is located in Syosset, NY. The organization was established in 1977. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coat And Suit Industry Trust Fund 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 07/2019, Coat And Suit Industry Trust Fund generated $70.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $64.8k during the year ending 07/2019. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O, MISSION STATEMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arnold Harris Trustee | 0 | $0 | |
Martin Sklar Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $70,466 |
Membership dues | $0 |
Investment income | $33 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,499 |
Statement of Expenses | |
---|---|
Total expenses | $64,840 |
Balance Sheet | |
---|---|
Total assets | $6,086 |
Total liabilities | $0 |
Net assets or fund balances | $6,086 |