Eastern Contractors Association Inc
- Assets
- $3.9m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 9
- Location
- Albany, NY
- Founding
- 03/1960
- Data as of
- 12/2021
- EIN
- 14-1438951
Organization Overview
Eastern Contractors Association Inc is located in Albany, NY. The organization was established in 1960. 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, Eastern Contractors Association Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Contractors Association 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, Eastern Contractors Association Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. 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
TO PROMOTE THE INTERESTS OF THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING AND REPRESENTING CONTRACTORS INVOLVED IN LABOR NEGOTIATIONS
PROVIDE ELECTRONIC PLAN ROOM.
UPSTATE MASONRY INSTITUTE ADMINISTRATION
BULLETINS & DIRECTORY, SCHOLARSHIP, SAFETY PROGRAMS, SPECIAL EVENTS, PUBLIC RELATIONS, AND UNDERWRITING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Helfrich President & CEO | Officer | 50 | $197,172 |
Richard Oliver Immediate Past Chairman | OfficerTrustee | 0.75 | $0 |
Jim Elacqua Treasurer | OfficerTrustee | 0.75 | $0 |
Lisa Henderson Chairwoman | OfficerTrustee | 0.75 | $0 |
Tom Carney Vice Chairman | OfficerTrustee | 0.75 | $0 |
Lew Houghtaling Secretary | OfficerTrustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,030,863 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,030,863 |
| Total Program Service Revenue | $34,433 |
| Investment income | $22,147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $72,424 |
| Net Gain/Loss on Asset Sales | $121,628 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,608,355 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $209,696 |
| Compensation of current officers, directors, key employees. | $31,455 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $448,234 |
| Pension plan accruals and contributions | $91,614 |
| Other employee benefits | $47,626 |
| Payroll taxes | $50,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,724 |
| Fees for services: Accounting | $12,300 |
| Fees for services: Lobbying | $13,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,842 |
| Fees for services: Other | $18,214 |
| Advertising and promotion | $0 |
| Office expenses | $42,812 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,421 |
| Travel | $36,017 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,419 |
| Interest | $16,863 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,550 |
| Insurance | $23,852 |
| All other expenses | $79,520 |
| Total functional expenses | $1,449,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,418 |
| Savings and temporary cash investments | $196,554 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $50,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,912,967 |
| Investments—publicly traded securities | $1,538,653 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,850 |
| Total assets | $3,864,442 |
| Accounts payable and accrued expenses | $23,141 |
| Grants payable | $0 |
| Deferred revenue | $15,873 |
| 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 | $650,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $689,014 |
| Net assets without donor restrictions | $3,175,428 |
| Net assets with donor restrictions | $0 |
| 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 | $3,864,442 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eastern Contractors Association Inc has recieved totaling $850.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: GOLF TOURNAMENT SPONSOR | | $850 |
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 |