Kanawha Valley Builders Association
- Assets
- $225.4k
- Revenue
- $281.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Charleston, WV
- Founding
- 08/1962
- Data as of
- 12/2021
- EIN
- 55-6024100
Organization Overview
Kanawha Valley Builders Association is located in Charleston, WV. The organization was established in 1962. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Kanawha Valley Builders Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kanawha Valley Builders 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, Kanawha Valley Builders Association generated $281.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $244.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. 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
PROMOTE & STABILIZE THE ORGANIZED SEGMENT OF THE LOCAL CONSTRUCTION INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION & ADMINISTRATION OF 12 (TWELVE) CRAFT UNION AGREEMENTS, MARKET RECOVERY AGREEMENTS, MAINTENANCE AGREEMENTS, NEWSLETTERS, MEETING NOTICES, BROCHURES, MINUTES OF GRIEVANCES & NEGOTIATING MEETINGS
LABOR RELATIONS CONSULTING ACTIVITIES NECESSARY TO NEGOTIATE & ADMINISTER ALL CONSTRUCTION LABOR AGREEMENTS THROUGH THE PROCESS OF MULTI-DRAFT BARGAINING, INCLUDING ARBITRATION, GRIEVANCES, TRAINING AND OTHER RELATED MATTERS
ACHIEVED A SOPHISTICATED CONSTRUCTION LABOR-MGMT COOPERATIVE PROGRAM INVOLVING OVER 8500 UNION CRAFT WORKERS AND THEIR RESPECTIVE EMPLOYERS RESULTING IN A STRIKE FREE STABLE LABOR ENVIRONMENT
ADVERTISING RESULTS OF LABOR-MANAGEMENT ACCOMPLISHMENTS AND PROGRAM DEVELOPMENT TO THE GENERAL PUBLIC AND USERS OF CONSTRUCTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luther Lasure Executive Director | Trustee | 40 | $106,923 |
Donald Bates Vice President | OfficerTrustee | 1 | $0 |
Tim Reed President | OfficerTrustee | 1 | $0 |
Matt Mcallister Secretary/treasurer | OfficerTrustee | 1 | $0 |
Adam Samples Director | Trustee | 1 | $0 |
Chuck Moore Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,762 |
| 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 | $28,762 |
| Total Program Service Revenue | $253,014 |
| Investment income | $19 |
| 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 | $281,795 |
| 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. | $119,754 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,635 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,488 |
| Fees for services: Accounting | $7,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $0 |
| Office expenses | $14,579 |
| Information technology | $9,392 |
| Royalties | $0 |
| Occupancy | $42,625 |
| Travel | $0 |
| 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 | $3,388 |
| Insurance | $2,517 |
| All other expenses | $1,575 |
| Total functional expenses | $244,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $177,935 |
| 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 | $32,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,900 |
| Total assets | $225,435 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $225,435 |
| Total liabilities and net assets/fund balances | $225,435 |
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