Operative Plasterers & Cement Masons International Association
- Assets
- $57.7m
- Revenue
- $23.7m
- Investments
- $0.0
- Employees
- 46
- Location
- Columbia, MD
- Founding
- 07/1940
- Data as of
- 12/2023
- EIN
- 53-0258484
Organization Overview
Operative Plasterers & Cement Masons International Association is located in Columbia, MD. The organization was established in 1940. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Operative Plasterers & Cement Masons International Association employed 46 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Operative Plasterers & Cement Masons International Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Operative Plasterers & Cement Masons International Association generated $23.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $20.6m during the year ending 12/2023. While expenses have increased by 7.1% per year over the past 9 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.
Since 2015, Operative Plasterers & Cement Masons International Association has awarded 28 individual grants totaling $735,888. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE OPERATIVE PLASTERERS' & CEMENT MASONS' INTL ASSOCIATION SHALL SERVE THE INTEREST OF ALL ITS MEMBERS. THE GOALS OF THE ASSOCIATION ARE TO PROTECT ITS MEMBERS FROM UNJUST AND INJURIOUS COMPETITION, TO ENHANCE AND TO PROTECT THE ECONOMIC INTEREST OF ITS MEMBERS AND PROMOTE OUR CRAFTS' INTERESTS THROUGH UNITY OF ACTION. TO SECURE THE UNITY OF ACTION NECESSARY TO ACCOMPLISH OUR MUTUAL OBJECTIVES, THE ASSOCIATION HAS THE ADDITIONAL OBJECTIVE OF THOROUGHLY ORGANIZING THOSE WORKERS EMPLOYED AT OUR CRAFTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPERATIVE PLASTERERS' & CEMENT MASONS' INTL ASSOCIATION'S PRIMARY MISSION IS TO ACHIEVE A FAIR WAGE, SAFER WORK ENVIRONMENT AND BETTER FRINGE BENEFITS FOR ITS UNION EMPLOYEES AND MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Stepano General President (p) | Officer | 45 | $243,930 |
Kevin Sexton General President | Officer | 45 | $368,956 |
Richard Bailey General Secretary | Officer | 45 | $330,846 |
Michael Hubler Vice President - Exec Brd | Officer | 45 | $258,938 |
Todd Lair Executive Vice President | Officer | 45 | $294,211 |
Christian Feller Vice President - Canadian | Officer | 45 | $256,819 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Kelly Companies Event Management/marketing | 12/30/23 | $391,109 |
Tamsula Consulting It Consultant | 12/30/23 | $135,200 |
Vigilant Worldwide Communications Political Consultant | 12/30/23 | $135,000 |
O'donoghue & O'donoghue Llp Attorney | 12/30/23 | $133,269 |
Old Glory Asset Management Investment Manager | 12/30/23 | $123,625 |
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 | $80,794 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,794 |
| Total Program Service Revenue | $21,485,143 |
| Investment income | $1,602,716 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $75,677 |
| Net Rental Income | $270,702 |
| Net Gain/Loss on Asset Sales | $146,569 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,661,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $213,766 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $262,580 |
| Compensation of current officers, directors, key employees. | $4,950,376 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,004,664 |
| Pension plan accruals and contributions | $1,500,853 |
| Other employee benefits | $1,361,743 |
| Payroll taxes | $473,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $169,119 |
| Fees for services: Accounting | $107,564 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $140,298 |
| Fees for services: Other | $72,259 |
| Advertising and promotion | $1,473,846 |
| Office expenses | $361,185 |
| Information technology | $230,353 |
| Royalties | $0 |
| Occupancy | $335,243 |
| Travel | $1,935,105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,069 |
| Interest | $0 |
| Payments to affiliates | $666,916 |
| Depreciation, depletion, and amortization | $502,591 |
| Insurance | $176,972 |
| All other expenses | $50,425 |
| Total functional expenses | $20,641,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $366,983 |
| Savings and temporary cash investments | $11,897,650 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $404,074 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $28,222 |
| Prepaid expenses and deferred charges | $17,709 |
| Net Land, buildings, and equipment | $9,761,631 |
| Investments—publicly traded securities | $35,033,945 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $143,500 |
| Total assets | $57,653,714 |
| Accounts payable and accrued expenses | $7,372 |
| Grants payable | $0 |
| Deferred revenue | $4,977 |
| 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 | $12,349 |
| Net assets without donor restrictions | $57,641,365 |
| 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 | $57,653,714 |
Grants Awarded
Over the last fiscal year, Operative Plasterers & Cement Masons International Association has awarded $120,732 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR MILITARY RECRUITMENT ASSESSMENT AND VETERANS EMPLOYMENT PURPOSE: SUPPORT | $7,000 |
NABTU CONFERENCE FUND PURPOSE: SUPPORT | $24,866 |
SHEET METAL WORKERS INTERNATIONAL LOCAL 100 PURPOSE: SUPPORT | $6,000 |
UNION SPORTSMEN'S ALLIANCE PURPOSE: SUPPORT | $82,866 |