Communication Workers Of America is located in Bellmawr, NJ. The organization was established in 1950. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 09/2022, Communication Workers Of America employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Communication Workers Of America is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2022, Communication Workers Of America generated $399.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $387.5k during the year ending 09/2022. While expenses have increased by 3.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LOCAL'S MISSION IS TO SUPPORT COLLECTIVE BARGAINING FOR ITS MEMBERS, CONDUCTING MEMBERSHIP MEETINGS, EDUCATION, ORGANIZING EVENTS TO FURTHER THE COMMON INTERESTS OF THE MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIVE BARGAINING AND REPRESENTATION SERVICES TO APPROXIMATELY 627 MEMBERS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Derrickson President | Officer | 50 | $88,400 |
Mike Valdez Vice President | Officer | 1 | $2,669 |
Earl Barr Treasurer | Officer | 1 | $2,200 |
John Zamot Trustee | Trustee | 1 | $1,904 |
James Millard Trustee-P | Trustee | 1 | $1,256 |
Leona S Hill Secretary | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $393,033 |
Investment income | $6,235 |
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 | $399,268 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $100 |
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. | $114,299 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,082 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $10,759 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,625 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,763 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,200 |
Travel | $26,877 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,391 |
Interest | $0 |
Payments to affiliates | $183,468 |
Depreciation, depletion, and amortization | $347 |
Insurance | $1,901 |
All other expenses | $0 |
Total functional expenses | $387,454 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $380,851 |
Savings and temporary cash investments | $107,371 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $48,952 |
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 | $2,964 |
Net Land, buildings, and equipment | $2,153 |
Investments—publicly traded securities | $130,751 |
Investments—other securities | $128,539 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $801,581 |
Accounts payable and accrued expenses | $31,178 |
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 | $31,178 |
Net assets without donor restrictions | $770,403 |
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 | $801,581 |