Common Arc
- Assets
- $291.4k
- Revenue
- $870.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Geneva, IL
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 36-3595141
Organization Overview
Common Arc is located in Geneva, IL. The organization was established in 1990. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Common Arc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common Arc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Common Arc generated $870.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $868.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER & ADVANCE THE INTERESTS OF CONSTRUCTION BOILERMAKER EMPLOYERS BY PROMOTING HIGH STANDARDS OF QUALITY & PERFORMANCE FOR WELDERS IN THE CONSTRUCTION INDUSTRY BY A VOLUNTARY SYSTEM OF CERTIFICATION OF WELDERS & DISTRIBUTION OF RELEVANT INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCCESSFULLY TRACKED WELDER CONTINUITY FOR OVER 9000 WELDERS.
CONDUCTED 40 TESTING SESSIONS INVOLVING 3,500 WELDERS.
IMPROVED PASSING RATES BY OVER 3%
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Traxler Exec Admin | Officer | 40 | $159,617 |
Mike Bray Chairman | OfficerTrustee | 2 | $0 |
Lawrence J Mccmanamon Secretary/treas | OfficerTrustee | 2 | $0 |
John Fultz Director | Trustee | 2 | $0 |
Warren Fairley Director | Trustee | 2 | $0 |
Laurie Laube Director | Trustee | 2 | $0 |
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 | $870,427 |
| Investment income | $162 |
| 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 | $870,589 |
| 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. | $159,617 |
| Compensation of current officers, directors, key employees. | $159,617 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $229,430 |
| Pension plan accruals and contributions | $16,305 |
| Other employee benefits | $0 |
| Payroll taxes | $16,447 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,908 |
| Advertising and promotion | $0 |
| Office expenses | $3,055 |
| Information technology | $35,709 |
| Royalties | $0 |
| Occupancy | $41,468 |
| Travel | $80,773 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,826 |
| Insurance | $95,195 |
| All other expenses | $0 |
| Total functional expenses | $868,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,111 |
| Savings and temporary cash investments | $125,315 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $94,817 |
| 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 | $26,178 |
| 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 | $291,421 |
| Accounts payable and accrued expenses | $7,008 |
| 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 | $104,638 |
| Other liabilities | $0 |
| Total liabilities | $111,646 |
| Net assets without donor restrictions | $179,775 |
| 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 | $291,421 |