Construction Benefits Audit Corp
- Assets
- $581.3k
- Revenue
- $885.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Kansas City, MO
- Founding
- 01/1994
- Data as of
- 12/2021
- EIN
- 43-1244218
Organization Overview
Construction Benefits Audit Corp is located in Kansas City, MO. The organization was established in 1994. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Construction Benefits Audit Corp employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Construction Benefits Audit Corp 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, Construction Benefits Audit Corp generated $885.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $782.2k 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
TO PROVIDE AUDITING SERVICES FOR PARTICIPATING NOT-FOR-PROFIT TAFT HARTLEY JOINTLY ADMINISTERED FRINGE BENEFIT FUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAME AS ORGINIZATION'S MISSION STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reginald Thomas President | Officer | 0 | $0 |
Dave Coleman Vice President | Officer | 0 | $0 |
Don Greenwell Secretary/treasurer | Officer | 0 | $0 |
Erica Jenkins Fund Audit Coordinator | Officer | 0 | $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 | $885,831 |
| Investment income | $0 |
| 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 | $885,831 |
| 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 | $396,320 |
| Pension plan accruals and contributions | $33,812 |
| Other employee benefits | $141,788 |
| Payroll taxes | $31,298 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,948 |
| Fees for services: Accounting | $14,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,640 |
| Advertising and promotion | $0 |
| Office expenses | $24,419 |
| Information technology | $12,974 |
| Royalties | $0 |
| Occupancy | $77,000 |
| Travel | $2,464 |
| 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 | $1,812 |
| Insurance | $18,626 |
| All other expenses | $0 |
| Total functional expenses | $782,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,665 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $255,974 |
| 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 | $22,017 |
| Net Land, buildings, and equipment | $5,678 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $581,334 |
| Accounts payable and accrued expenses | $22,748 |
| 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 | $156,530 |
| Total liabilities | $179,278 |
| Net assets without donor restrictions | $402,056 |
| 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 | $581,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jensen Construction Company Group Trust Des Moines, IA | $0 | $5,222,518 |
Reilly Construction Employee Welfare Trust Ossian, IA | $251,550 | $2,905,228 |
Memphis Construction Benefit Fund Goodlettsville, TN | $6,890,187 | $3,000,940 |
Midwest Coalition Of Labor Credit Union Countryside, IL | $73,344,318 | $3,088,502 |
American Society Of Plumbing Engineers Rosemont, IL | $3,811,463 | $2,740,392 |
American Society For Concrete Construction St Louis, MO | $1,403,321 | $1,660,151 |
National Council Of Structural Engineers Associations Inc Chicago, IL | $1,329,006 | $1,648,844 |
Metal Construction Association Inc Chicago, IL | $2,390,316 | $1,785,067 |
Passive House Institute Us Inc Chicago, IL | $1,090,576 | $1,428,195 |
Intl Union Of Operating Engineers 571 Omaha, NE | $2,142,618 | $1,726,289 |
International Union Of Operating Engineers Cordova, TN | $3,221,802 | $1,188,730 |
American Council Of Engineering Companies Of Illinois Springfield, IL | $1,287,769 | $753,746 |