Painters And Allied Trades Labor Management Cooperation Fund
- Assets
- $16.0m
- Revenue
- $4.6m
- Investments
- $2.6m
- Employees
- 12
- Location
- Hanover, MD
- Founding
- 05/1996
- Data as of
- 06/2021
- EIN
- 52-6776506
Organization Overview
Painters And Allied Trades Labor Management Cooperation Fund is located in Hanover, MD. The organization was established in 1996. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Painters And Allied Trades Labor Management Cooperation Fund employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Painters And Allied Trades Labor Management Cooperation Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2021, Painters And Allied Trades Labor Management Cooperation Fund generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $7.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Painters And Allied Trades Labor Management Cooperation Fund has awarded 68 individual grants totaling $5,147,115. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS ESTABLISHED UNDER THE NATIONAL LABOR RELATIONS ACT, SEC. 302(C)(9) AND THE LABOR-MANAGEMENT COOPERATION ACT OF 1974 TO ADVANCE THE COLLECTIVELY-BARGAINED FINISHING INDUSTRIES THROUGH COMMUNICATION, TRUST, AND MUTUAL RESPECT BETWEEN THE INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES, AFL-CIO (IUPAT), THE FINISHING CONTRACTORS ASSOCIATION, AND THE SIGNATORY EMPLOYERS OF IUPAT. THE ORGANIZATION IS THE: (1) PRIMARY RESOURCE FOR THE LEADER EDUCATION, KNOWLEDGE EXCHANGE, AND NETWORKING THAT IMPROVES THE CAPABILITIES OF THE UNIONIZED FINISHING INDUTRY'S WORKFORCE. (2) RECOGNIZED LEADER OF A LABOR-MANAGEMENT COOPERATIVE APPROACH TO ADVANCE THE COLLECTIVELY-BARGAINED FINISHING INDUSTRY; AND (3) DRIVING FORCE IN EXPANDING THE COOPERATIVE INITIATIVES TO ADDITIONAL FINISHING INDUSTRY ASSOCIATION AND UNION ENTITIES AT ALL LEVELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRY ADVOCACY - DEVELOPED AND LAUNCHED A COMPREHENSIVE MARKETING AND PROMOTION CAMPAIGN FOCUSED ON ENHANCING IUPAT SIGNATORY CONTRACTORS MARKET SHARE. DEVELOPED AND DEPLOYED A MARKETING CAMPAIGN FOCUSED ON INCREASING THE NUMBER OF CONTRACTORS AND CRAFTWORKERS TAKING PART IN INDUSTRY CERTIFICATIONS AND CONTRACTOR QUALITY MANAGEMENT PROGRAMS DESIGNED TO INCREASE CONTRACTORS COMPETITIVENESS. DEVELOPED AN ONLINE PLATFORM TO DISTRIBUTE NEWLY CREATED BROCHURES AND OTHER MARKETING COLLATERAL. HELD INDUSTRY WORKGROUPS FOCUSED ON TARGETED INDUSTRY ISSUES AND PROBLEM SOLVING, IDENTIFIED BY A COLLABORATIVE EFFORT BETWEEN LABOR AND MANAGEMENT.
EDUCATION AND TRAINING - SUPPORTED INDUSTRY ADVANCEMENT PROGRAMS THROUGHOUT NORTH AMERICA FOCUSED AIMED AT INCREASING CONTRACTOR PROFITABILITY AND MARKETSHARE AND CONTRIBUTING TO POSITIVE AND PROGRESSIVE LABOR MANAGEMENT RELATIONSHIPS. AWARDED GRANTS FOCUSED ON INCREASING CONTRACTOR BIDDING AND PERFORMANCE CAPACITY.
RESOURCES - REVIEWED COLLECTIVE BARGAINING AGREEMENT GUIDES, AND PROVIDED MUTUAL GAINS BARGAINING SEMINARS AND GUIDES AIMED AT PREPARING FOR AND CONDUCTING NEGOTIATIONS IN A MORE COOPERATIVE AND COLLABORATIVE MANNER. PROVIDED ONLINE RESOURCES FOR RESEARCHING BID OPPORTUNITIES FOR CONTRACTORS. PROVIDED MARKETING AND PROGRAM TOOL KITS FOCUSED ON ASSISTING CONTRACTORS IN OBTAINING NEW WORK IN NEW AND EXISTING MARKETS INCLUDING DEMOUNTABLE PARTITIONS, AND INDUSTRIAL COATINGS WORK, AS WELL AS RECRUITMENT, MENTORING, SUBSTANCE ABUSE DISORDER AND DEATH BY SUICIDE PREVENTION PROGRAMS.
CREATED SEVERAL NEW PROGRAMS THAT AFFECT LABOR AND MANAGEMENT INCLUDING RECRUITING AND RETAINING A MORE DIVERSE WORKFORCE, REDUCING THE RATE OF SUICIDE AND SUBSTANCE ABUSE BY MEMBERS WORKING FOR SIGNATORY CONTRACTORS, PROMOTING INDUSTRY CERTIFICATIONS IN CORROSION PREVENTION AND INSPECTION, INDUSTRIAL COATINGS, AND GLAZING. CREATED AND MAINTAINED RELATIONSHIPS WITH OTHER 3RD PARTY ORGANIZATIONS AND PARTICIPATED IN INDUSTRY TRADE-SHOWS AND STANDARDS WRITING WORKSHOPS AND COMMITTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anton Ruesing Executive Director | Officer | 20 | $221,823 |
Gavin Mcdonald Marketing And Communicatio | 40 | $151,421 | |
Antionette Green Director | 40 | $139,813 | |
Rick Matthews Industry Liason | 40 | $128,614 | |
Michael Heinz Industry Liason | 40 | $119,540 | |
Daniel Penski Industry Liason | 40 | $100,073 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Convention Services Unlimited Convention Services | 6/29/21 | $376,887 |
Iupat Administrative | 6/29/21 | $577,041 |
Iupat Building Corp Rental Services | 6/29/21 | $149,182 |
Rcs Commercial Consultants Llc Consulting | 6/29/21 | $172,336 |
Kelly Press Printing Services | 6/29/21 | $107,205 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $209,070 |
| 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 | $209,070 |
| Total Program Service Revenue | $3,352,506 |
| Investment income | $184,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,979 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,577,967 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,386,509 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $167,657 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $310,308 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,164,274 |
| Pension plan accruals and contributions | $327,361 |
| Other employee benefits | $292,537 |
| Payroll taxes | $108,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,005 |
| Fees for services: Accounting | $133,192 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $42,484 |
| Fees for services: Other | $696,851 |
| Advertising and promotion | $15,069 |
| Office expenses | $102,494 |
| Information technology | $79,761 |
| Royalties | $0 |
| Occupancy | $144,300 |
| Travel | $185,054 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,809 |
| Interest | $0 |
| Payments to affiliates | $570,312 |
| Depreciation, depletion, and amortization | $4,892 |
| Insurance | $92,379 |
| All other expenses | $1,608 |
| Total functional expenses | $7,145,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,744,113 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,851,269 |
| 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 | $130,181 |
| Net Land, buildings, and equipment | $14,254 |
| Investments—publicly traded securities | $7,619,441 |
| Investments—other securities | $2,567,950 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,113,109 |
| Total assets | $16,040,317 |
| Accounts payable and accrued expenses | $62,964 |
| 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 | $551,702 |
| Total liabilities | $614,666 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $15,425,651 |
| 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 | $16,040,317 |
Grants Awarded
Over the last fiscal year, Painters And Allied Trades Labor Management Cooperation Fund has awarded $2,386,509 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ARCHITECTURAL GLASS AND METAL ASSOCIATION PURPOSE: NATIONAL ASSOCIATION NEED INDUSTRY STUDY | $410,000 |
NATIONAL STEEL PAINTING CONTRACTORS ASSOCIATION PURPOSE: EXPANDING THE NATIONAL REACH OF THE ASSOCIATION & NEW ASSOCIATION | $395,000 |
Commerce, CA PURPOSE: NEW TRAINING FACILITY | $250,000 |
Sackets Harbor, NY PURPOSE: INTIAL FUNDING, MARKETING OF THE NACC AND AGMT CERTIFICATION PROGRAMS | $200,000 |
New York, NY PURPOSE: TRAINING FACILITY UPGRADES | $200,000 |
Lanham, MD PURPOSE: COVID-19 GRANT FOR RESPONSE TEAM | $115,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Painters And Allied Trades Labor Management Cooperation Fund has recieved totaling $143,954.
| Awarding Organization | Amount |
|---|---|
Drywall Taping Industry Board New York, NY PURPOSE: financial assistance | $136,273 |
International Brotherhood Of Painters And Allied Trades Philadelphia, PA PURPOSE: Subsidize benefit fund to aid contributing employer in competitive bidding. | $7,681 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elevator Industry Work Preservation Fund Columbia, MD | $75,509,631 | $27,265,052 |
Downtown Business Improvement District Corporation Washington, DC | $12,848,344 | $15,153,939 |
Virginia Farm Bureau Federation Inc Richmond, VA | $53,446,193 | $7,940,484 |
Rodale Institute Kutztown, PA | $44,853,395 | $12,528,365 |
Hampshire Foundation Inc Wilmington, DE | $84,819,916 | $17,954,468 |
Painters And Allied Trades Labor Management Cooperation Fund Hanover, MD | $16,040,317 | $4,577,967 |
Neighborgood Partners Inc Dover, DE | $35,738,528 | $7,807,910 |
Locus Impact Investing Richmond, VA | $7,023,425 | $9,339,755 |
National Council Of Farmer Cooperatives Washington, DC | $7,136,808 | $5,507,889 |
United Food And Commercial Workers International Union Gaithersburg, MD | $2,738,530 | $4,012,146 |
Pennsylvania Certified Organic Spring Mills, PA | $1,487,363 | $4,239,851 |
Pennsylvania Farm Bureau Camp Hill, PA | $15,863,020 | $5,878,793 |