Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity
- Assets
- $71.5m
- Revenue
- $14.2m
- Investments
- $0.0
- Employees
- 38
- Location
- Exton, PA
- Founding
- 01/2017
- Data as of
- 04/2023
- EIN
- 23-6568023
Organization Overview
Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity is located in Exton, PA. The organization was established in 2017. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 04/2023, Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity generated $14.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $9.0m during the year ending 04/2023. While expenses have increased by 13.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION & TRAINING TO QUALIFYING MEMBERS UNDER A COLLECTIVE BARGAINING AGREEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & TRAINING SERVICES TO QUALIFYING MEMBERS OF PARTICIPATING UNIONS AND LABOR ASSOCIATIONS IN THE CONSTRUCTION INDUSTRY UNDER A COLLECTIVE BARGAINING AGREEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Sanders Trustee | Trustee | 1 | $0 |
James N Harper Jr Trustee | Trustee | 1 | $0 |
Samuel Staten Jr Trustee | Trustee | 1 | $0 |
James R Davis Trustee | Trustee | 1 | $0 |
Benjamin Connors Trustee | Trustee | 1 | $0 |
Amy Hennessey Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tn Ward Company Construction Contractor | 4/29/21 | $15,291,030 |
Camille Peluso Architects Architect | 4/29/21 | $373,588 |
Securitas Security Services Security | 4/29/21 | $354,248 |
Cleary Josem & Trigiani Llp Legal Services | 4/29/21 | $172,723 |
Sodexo Operations Food Service | 4/29/21 | $158,033 |
Financial Statements
| 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 | $13,196,652 |
| Investment income | $851,598 |
| Tax Exempt Bond Proceeds | $252,513 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$70,606 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,230,157 |
| 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 | $0 |
| 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 | $1,674,178 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,154,037 |
| Payroll taxes | $149,752 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $587,352 |
| Advertising and promotion | $0 |
| Office expenses | $127,167 |
| Information technology | $180,533 |
| Royalties | $0 |
| Occupancy | $354,197 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $148,353 |
| Interest | $1,010,854 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,519,590 |
| Insurance | $232,813 |
| All other expenses | $135,428 |
| Total functional expenses | $8,987,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,322,271 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,911,948 |
| 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 | $34,348 |
| Net Land, buildings, and equipment | $36,264,666 |
| Investments—publicly traded securities | $21,092,523 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,832,924 |
| Total assets | $71,458,680 |
| Accounts payable and accrued expenses | $575,079 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $463,058 |
| 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 | $13,442,333 |
| Total liabilities | $14,480,470 |
| Net assets without donor restrictions | $56,737,780 |
| Net assets with donor restrictions | $240,430 |
| 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 | $71,458,680 |