Chicago Painting & Decorating Contr Indus Advanmt & Promo Fund
- Assets
- $550.1k
- Revenue
- $675.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 09/1989
- Data as of
- 12/2021
- EIN
- 36-3606364
Organization Overview
Chicago Painting & Decorating Contr Indus Advanmt & Promo Fund is located in Chicago, IL. The organization was established in 1989. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Chicago Painting & Decorating Contr Indus Advanmt & Promo Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Painting & Decorating Contr Indus Advanmt & Promo 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, Chicago Painting & Decorating Contr Indus Advanmt & Promo Fund generated $675.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $710.3k during the year ending 12/2021. While expenses have increased by 3.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FUNDS PURPOSE IS TO PROMOTE AND IMPROVE THE BUSINESS CONDITIONS OF THE PAINTING AND DECORATING INDUSTRY IN THE CHICAGO AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATED AND INFORMED THE SUPPORTING MEMBER CONTRACTORS REGARDING INDUSTRY TECHNICAL ISSUES AND GENERAL BUSINESS MATTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miles Beatty Exec Director | Officer | 20 | $200,010 |
Sam Hart Trustee | Trustee | 4 | $0 |
Mark Zamiar Trustee | Trustee | 4 | $0 |
Steve Brill Trustee | Trustee | 4 | $0 |
Jeff Hester Trustee | Trustee | 4 | $0 |
Susan Drynan Trustee | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $624,602 |
| 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 | $624,602 |
| Total Program Service Revenue | $25 |
| Investment income | $9,443 |
| 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 | $675,570 |
| 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. | $200,010 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $89,645 |
| Payroll taxes | $12,715 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,800 |
| Fees for services: Accounting | $5,810 |
| 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 | $13,190 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,018 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,095 |
| Interest | $0 |
| Payments to affiliates | $140,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,659 |
| All other expenses | $0 |
| Total functional expenses | $710,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $136,041 |
| 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 | $414,061 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $550,102 |
| 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 | $0 |
| 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 | $550,102 |
| Total liabilities and net assets/fund balances | $550,102 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chicago Painting & Decorating Contr Indus Advanmt & Promo Fund has recieved totaling $6,390.
| Awarding Organization | Amount |
|---|---|
International Union Of Painters And Allied Trades Chicago, IL PURPOSE: CONTRIBUTION | $6,390 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Architecture Foundation Chicago, IL | $18,456,323 | $14,699,492 |
Fenestration And Glazing Industry Alliance Schaumburg, IL | $6,384,205 | $4,966,632 |
Fibre Box Association Itasca, IL | $1,560,987 | $3,611,412 |
Hyde Park Art Center Chicago, IL | $13,112,741 | $7,741,893 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Arts Club Of Chicago Chicago, IL | $22,777,301 | $152,339 |
Graham Foundation For Advanced Studies In The Fine Arts Chicago, IL | $0 | $687,158 |
Midwest Old Settlers And Threshers Assn Inc Mt Pleasant, IA | $5,724,252 | $3,761,020 |
Laumeier Sculpture Park St Louis, MO | $5,586,221 | $2,296,143 |
Craft Alliance St Louis, MO | $3,775,459 | $2,483,894 |
Lillian Florsheim Foundation for Fine Arts Chicago, IL | $0 | $525,901 |
Intuit The Center For Intuitive And Outside Art Chicago, IL | $2,150,549 | $1,698,097 |