Specialized Carriers & Rigging Association is located in Centreville, VA. The organization was established in 1960. 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, Specialized Carriers & Rigging Association employed 14 individuals. This organization is the central organization for a national or regional group of organizations. Specialized Carriers & Rigging Association 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, Specialized Carriers & Rigging Association generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 1.6% 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
TO PROVIDE THE UNIQUE INFORMATION AND ANY OTHER LAWFUL ACTIVITIES MEMBERS NEED TO SAFELY, LEGALLY, AND PROFITABLY TRANSPORT, LIFT AND ERECT OVERSIZE AND OVERWEIGHT ITEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SC&RA HOSTS FIVE MAJOR ANNUAL MEETINGS, INCLUDING THE JANUARY BOARD AND COMMITTEE MEETINGS, SPECIALIZED TRANSPORTATION SYMPOSIUM, ANNUAL CONFERENCE, CRANE & RIGGING WORKSHOP, AND FINANCIAL & RISK MANAGEMENT SEMINAR. THESE MEETINGS PROVIDE VALUABLE EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR MEMBERS.
MEMBER SERVICES - THE ASSOCIATION ACQUIRES, PRESERVES AND DISSEMINATES VALUABLE BUSINESS INFORMATION DEALING WITH SPECIALIZED TRANSPORTATION, MACHINERY MOVING AND ERECTING, INDUSTRIAL MAINTENANCE, MILLWRIGHTING, CRANE AND RIGGING OPERATIONS, MANUFACTURING AND RENTAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joel Dandrea Chief Executive Officer | Officer | 40 | $430,556 |
Beth O'quinn Senior Vice President | 40 | $193,995 | |
Christopher Smith Vice President | 40 | $151,389 | |
Lisa Grepps Director Of Marketing & Co | 40 | $133,489 | |
Kurt Hoffman Director Of Info. Services | 40 | $131,497 | |
Jay Folladori Chairman | OfficerTrustee | 1 | $0 |
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 | $3,775,825 |
Investment income | $329,696 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $293,468 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $302,128 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,814,329 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $50,013 |
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. | $591,470 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,041,998 |
Pension plan accruals and contributions | $100,588 |
Other employee benefits | $147,432 |
Payroll taxes | $94,116 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,887 |
Fees for services: Accounting | $22,955 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $33,037 |
Fees for services: Other | $196,827 |
Advertising and promotion | $25,354 |
Office expenses | $363,971 |
Information technology | $122,562 |
Royalties | $0 |
Occupancy | $214,576 |
Travel | $41,507 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $955,496 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $38,857 |
Insurance | $28,898 |
All other expenses | $0 |
Total functional expenses | $4,099,835 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $318,576 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $193,970 |
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 | $229,068 |
Net Land, buildings, and equipment | $39,790 |
Investments—publicly traded securities | $6,781,124 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $871,610 |
Total assets | $8,434,138 |
Accounts payable and accrued expenses | $245,618 |
Grants payable | $0 |
Deferred revenue | $1,429,536 |
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 | $807,457 |
Total liabilities | $2,482,611 |
Net assets without donor restrictions | $5,951,527 |
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 | $8,434,138 |
Over the last fiscal year, we have identified 1 grants that Specialized Carriers & Rigging Association has recieved totaling $3,500.
Awarding Organization | Amount |
---|---|
Taylor Foundation Mcdonough, GA PURPOSE: GENERAL OPERATING FUNDS | $3,500 |