Delaware Valley Industrial Painters Alliance Inc
- Assets
- $124.6k
- Revenue
- $93.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 20-1179356
Organization Overview
Delaware Valley Industrial Painters Alliance Inc is located in Philadelphia, PA. The organization was established in 2007. 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. Delaware Valley Industrial Painters Alliance 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 12/2022, Delaware Valley Industrial Painters Alliance Inc generated $93.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $104.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION INVITES SPEAKERS TO COME BEFORE THEMEMBERSHIP AND ADDRESS, WITHIN THEIR AREAS OF EXPERTISE,AREAS OF INTEREST TO CONTRACTORS IN THE INDUSTRIAL PAINTINGAND COATING INDUSTRY IN ORDER TO MAKE MEMBERSHIP BETTERINFORMED AND KNOWLEDGEABLE ABOUT VARIOUS ASPECTS OF THEIRBUSINESS, SO AS TO IMPROVE THE OPERATIONS AND BUSINESSPROCEDURES OF THE MEMBERS, THEREBY ADVANCING THE INDUSTRY.
THE ASSOCIATION ASSISTS THE MEMBERSHIP IN THE COLLECTIVEBARGAINING NEGOTIATIONS WITH THE LOCAL UNION CHAPTERS TOASSIST THE MEMBERS IN OBTAINING AGREEMENTS WHOSE TERMSALLOW THE MEMBERS TO COMPETE EFFECTIVELY IN THE MARKETPLACEWHILE PROVIDING FOR THEIR EMPLOYEES.
THE ASSOCIATION MONITORS AND OVERSEES THE APPRENTICETRAINING PROGRAM AND RECOMMENDS THE INTRODUCTION OF NEWSKILLS AND TECHNIQUES INTO THE PROGRAM TO ENSURE A CONSTANTINFLUX OF NEWLY TRAINED AND SKILLED WORKERS INTO THEINDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Tsourous President | OfficerTrustee | 2 | $0 |
George Power Secretary/treasurer | OfficerTrustee | 2 | $0 |
Nick Garavelas Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $93,435 |
| 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 | $93,435 |
| Total Program Service Revenue | $0 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,443 |
| 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 | $5,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,558 |
| Fees for services: Accounting | $2,798 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,250 |
| Advertising and promotion | $4,011 |
| Office expenses | $921 |
| Information technology | $262 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,676 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,721 |
| All other expenses | $0 |
| Total functional expenses | $104,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,688 |
| Savings and temporary cash investments | $51,915 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $124,603 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $124,603 |
| Total liabilities and net assets/fund balances | $124,603 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Delaware Valley Industrial Painters Alliance Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Painters And Allied Trades Labor Management Cooperation Fund Hanover, MD PURPOSE: COVID-19 GRANT FOR CDL TRAINING | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nysa-Ila Container Royalty Fund Jersey City, NJ | $55,480,172 | $104,394,382 |
Unsatisfied Claims & Judgement Fund Basking Ridge, NJ | $69,007,782 | $67,404,449 |
Gs1 Us Inc Ewing, NJ | $478,037,755 | $93,863,501 |
International Swaps And Derivatives Association Inc New York, NY | $118,665,756 | $65,806,525 |
Association Of National Advertisers Inc New York, NY | $38,717,598 | $50,547,394 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Global Associations Of Risk Proffesionals Inc Jersey City, NJ | $66,882,119 | $55,059,565 |
Natural Diamond Council Usa Inc New York, NY | $2,361,726 | $45,450,043 |
Better Health For Northeast New York Inc Albany, NY | $1,699,036 | $0 |
Hamaspik Of Orange County Inc Monroe, NY | $56,250,916 | $69,931,985 |
International Council Of Shopping Centers Inc New York, NY | $167,282,013 | $15,292,706 |
Housing Works Inc Brooklyn, NY | $30,231,683 | $31,989,444 |