Manasota Air Conditioning Contractors Association Inc
- Assets
- $179.9k
- Revenue
- $203.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Venice, FL
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 41-2228078
Organization Overview
Manasota Air Conditioning Contractors Association Inc is located in Venice, FL. The organization was established in 2008. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Manasota Air Conditioning Contractors Association Inc 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, Manasota Air Conditioning Contractors Association Inc generated $203.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $189.6k during the year ending 12/2021. While expenses have increased by 10.6% 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 ASSOCIATION WAS ORGANIZED TO INCREASE THE KNOWLEDGE AND PROFESSIONALISM OF CONTRACTORS AND RELATED COMPANIES IN THE HEATING, AIR CONDITIONING AND VENTILATION (HVAC) INDUSTRY AND TO ENHANCE WORKING RELATIONSHIPS WITH REGULATORY BODIES FOR THE INDUSTRY AND OTHER CONSTRUCTION TRADES AND PROFESSIONS. IT FURTHER REPRESENTS AND PROMOTES THE INDUSTRY TO THE PUBLIC/CONSUMER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION IS PROVIDED THROUGH MONTHLY MEETINGS WITH A SPECIFIC TECHNICAL OR BUSINESS TOPIC; WORKSHOPS AND SEMINARS ON BUSINESS OR TECHNICAL TOPICS; REGISTERED APPRENTICESHIP PROGRAM FOR HVAC TECHNICIANS; ADMINISTER INDUSTRY CERTIFICATIONS. PROGRAMS ARE CONDUCTED WITHIN A THREE-COUNTY AREA AND ARE TAUGHT BY HIRED INSTRUCTORS, INDUSTRY OR BUSINESS EXPERTS, AND KNOWLEDGEABLE MEMBERS WITH SUPPORT FROM ASSOCIATION STAFF. INCREASES KNOWLEDGE AND PROFESSIONALISM. 86 MEMBERS.
PARTICIPATION ON OTHER BOARDS OR SUPPORT OF OTHER PROGRAMS THAT PROMOTE INTERINDUSTRY COOPERATION, I.E.: LOCAL CHAPTERS OF THE NATIONAL ASSOCIATION OF HOME BUILDERS, BUILDERS EXCHANGE, PRE-APPRENTICE PROGRAMS IN LOCAL HIGH SCHOOLS, AMERICAN SOCIETY OF HEATING, REFRIGERATION AIR CONDITIONING ENGINEERS, FLORIDA REFRIGERATION AND AIR CONDITIONING CONTRACTORS ASSOCIATION. PARTICIPATION ON LOCAL REGULATORY BOARDS, I.E. LOCAL BUILDING DEPARTMENTS DISCIPLINARY BOARDS. MEETINGS WITH LOCAL BUILDING DEPARTMENT OFFICIALS AND OTHER AGENCIES TO DISCUSS NEW OR CURRENT REGULATIONS THAT ADVERSELY IMPACT THE INDUSTRY. PARTICIPATION IN LOCAL CHARITABLE EVENTS AND TO SUPPORT PUBLIC EDUCATION INITIATIVES. MEMBER VOLUNTEERS PRIMARILY CARRY OUT THE WORK WITH SUPPORT FROM ASSOCIATION STAFF. INCREASES KNOWLEDGE AND PROFESSIONALISM AND ENHANCES INDUSTRY WORKING RELATIONSHIPS.
PREPARE AND SEND INFORMATION TO MEMBERS AND OTHER INDUSTRY PROFESSIONALS ON CHANGES IN CODES, LOCAL AND STATE CONTRACTOR REGULATIONS AND OTHER FEDERAL, STATE AND LOCAL BUSINESS REGULATIONS VIA E-MAILS, MONTHLY NEWSLETTERS, ALERTS, AND WEB SITE. PROVIDE PUBLIC SERVICE INFORMATION ON REGULATION OF THE INDUSTRY AND PROPER SELECTION OF LICENSED CONTRACTORS VIA WEB SITE AND PUBLIC SERVICE COMMERCIALS. MEMBER VOLUNTEERS AND ASSOCIATION STAFF ARE INVOLVED IN THE DEVELOPMENT OF ALL COMMUNICATIONS. PROMOTES THE INDUSTRY, INCREASES KNOWLEDGE AND PROFESSIONALISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Van Fleet Secretary, Treasurer | OfficerTrustee | 2 | $5,355 |
Keith Martin President | OfficerTrustee | 2 | $0 |
Robin Parsons Executive Director | Officer | 40 | $0 |
Alan Conley Director | Trustee | 2 | $0 |
Paul Stehle Director | Trustee | 2 | $0 |
Don Duckworth Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,960 |
| Related organizations | $0 |
| Government grants | $69,188 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,650 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,798 |
| Total Program Service Revenue | $79,063 |
| Investment income | $125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,672 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $203,687 |
| 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. | $5,355 |
| 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 | $79,102 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,982 |
| Fees for services: Lobbying | $5,618 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,908 |
| Advertising and promotion | $3,372 |
| Office expenses | $1,652 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $759 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,561 |
| All other expenses | $1,982 |
| Total functional expenses | $189,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,993 |
| Savings and temporary cash investments | $33,882 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $179,875 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $27,575 |
| 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 | $72,000 |
| Total liabilities | $99,575 |
| Net assets without donor restrictions | $80,300 |
| 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 | $179,875 |
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