Mechanical Contractors Association Industry Fund is located in Akron, OH. The organization was established in 1967. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mechanical Contractors Association Industry Fund 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, Mechanical Contractors Association Industry Fund generated $228.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $299.4k 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
PROMOTE SAFETY AND GROWTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AND ENCOURAGE PUBLIC AND INDUSTRIAL SAFETY AND ECONOMIC AND INDUSTRIAL GROWTH IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aaron Hall Executive Di | Officer | $0 | |
Stan Bassak Jr Director | Trustee | $0 | |
Tom Geopfert Jr Director | Trustee | $0 | |
John Kerr Director | Trustee | $0 | |
Ted Mumma Chairman | Trustee | $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 | $203,933 |
Investment income | $20,135 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,290 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $228,358 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,460 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $31,802 |
Office expenses | $19,463 |
Information technology | $0 |
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 | $42,954 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,386 |
All other expenses | $3,157 |
Total functional expenses | $299,369 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $71,985 |
Savings and temporary cash investments | $0 |
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 | $376,597 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $448,582 |
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 | $448,582 |
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 | $448,582 |
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Michigan Community Action Okemos, MI | $4,590,614 | $9,386,228 |
Association For Iron And Steel Technology Warrendale, PA | $25,867,856 | $8,482,182 |
Precision Metal Forming Association Independence, OH | $18,164,960 | $5,690,425 |
Pennsylvania Municipal League Harrisburg, PA | $4,038,620 | $4,353,678 |
Ohio Contractors Assn Columbus, OH | $3,791,101 | $4,131,922 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Saginaw, MI | $2,084,876 | $2,400,157 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Paducah, KY | $5,273,908 | $1,732,719 |
Upper Michigan Tourist Assn Iron Mountain, MI | $1,166,037 | $1,736,595 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Norwalk, OH | $2,139,075 | $2,202,983 |
Sheet Metal & Roofing Cont Assn Of Miami Valley Ohio Dayton, OH | $1,025,363 | $2,215,282 |
Pennsylvania Surplus Lines Association Exton, PA | $6,353,987 | $2,358,445 |
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