Northeast Regional Council Of Carpe is located in Edison, NJ. As of 06/2017, Northeast Regional Council Of Carpe employed 803 individuals. Northeast Regional Council Of Carpe is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2017, Northeast Regional Council Of Carpe generated $85.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $73.7m during the year ending 06/2017. While expenses have increased by 12.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE COUNCIL IS TO PROVIDE FOR THE CONTINUOUS EMPLOYMENT OF LABOR, TO BRING ABOUT STABLE CONDITIONS IN THE INDUSTRY, AND TO ESTABLISH AMICABLE ADJUSTMENT OF ALL DISPUTES WHICH MAY ARISE BETWEEN EMPLOYERS AND EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE COUNCIL IS TO PROVIDE FOR THE CONTINUOUS EMPLOYMENT OF LABOR, TO BRING ABOUT STABLE CONDITIONS IN THE INDUSTRY, AND TO ESTABLISH AMICABLE ADJUSTMENT OF ALL DISPUTES WHICH MAY ARISE BETWEEN EMPLOYERS AND EMPLOYEES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Ballantyne Exec Sec/tre | Officer | 40 | $276,706 |
William Sproule President | Officer | 40 | $228,168 |
David Haines Vice Preside | Officer | 40 | $214,643 |
William Banfield Vice Preside | Officer | 40 | $214,643 |
Troy Singleton Operations M | Officer | 40 | $182,510 |
Robert Tarby Trustee | Trustee | 40 | $171,240 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $7,516,389 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$34,601 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $84,971,989 |
Statement of Expenses | |
---|---|
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. | $3,125,419 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $20,891,390 |
Pension plan accruals and contributions | $8,275,180 |
Other employee benefits | $7,872,372 |
Payroll taxes | $1,859,407 |
Fees for services: Management | $0 |
Fees for services: Legal | $849,407 |
Fees for services: Accounting | $76,762 |
Fees for services: Lobbying | $399,177 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $592,567 |
Fees for services: Other | $79,853 |
Advertising and promotion | $97,260 |
Office expenses | $274,419 |
Information technology | $1,578,424 |
Royalties | $0 |
Occupancy | $3,253,183 |
Travel | $4,535,731 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $977,675 |
Interest | $0 |
Payments to affiliates | $590,000 |
Depreciation, depletion, and amortization | $926,760 |
Insurance | $858,726 |
All other expenses | $0 |
Total functional expenses | $73,736,807 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $514,846 |
Savings and temporary cash investments | $38,454,025 |
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 |
Investments—publicly traded securities | $130,344,102 |
Investments—other securities | $180,730 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $9,811,911 |
Total assets | $196,817,471 |
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 | $42,274 |
Total liabilities | $42,274 |
Net assets without donor restrictions | $196,775,197 |
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 |
Total liabilities and net assets/fund balances | $196,775,197 |
Over the last fiscal year, Northeast Regional Council Of Carpe has awarded $2,927,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
CARPENTERS FUND FOR GROWTH & PROGRE | | | $2,900,000 |
CSCRC DISASTER RELIEF FUND PURPOSE: DONATION | $10,000 |
NRCC SCHOLARSHIP FUND PURPOSE: DONATION | $10,000 |
GOOD SAMARITAN FOUNDATION FOR BETTE | | | $7,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Center For Discovery Inc Harris, NY | $136,967,391 | $121,112,657 |
Adventist Development And Relief Agency International Silver Spring, MD | $93,556,695 | $133,531,867 |
Champlain College Inc Burlington, VT | $240,784,775 | $119,718,125 |
Behavioral Health Network Inc Springfield, MA | $65,551,106 | $133,127,177 |
Point Park University Pittsburgh, PA | $213,510,842 | $122,379,566 |
Mid-Ohio Foodbank Grove City, OH | $66,739,553 | $150,715,504 |
Bay Cove Human Services Inc Boston, MA | $73,611,314 | $126,196,963 |
Lucent Technologies Inc Postretirment Welfare Benefits Tru Murray Hill, NJ | $233,482,578 | $187,732,247 |
Mount Saint Marys University Emmitsburg, MD | $202,133,149 | $126,243,509 |
Northwestern Medical Center Inc St Albans, VT | $180,177,619 | $138,585,936 |
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |
Museum Of Fine Arts Boston, MA | $1,234,619,782 | $175,070,799 |