U A Local 342 Jt Labor-Management Cooperation Committee Inc is located in Concord, CA. The organization was established in 1994. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2023, U A Local 342 Jt Labor-Management Cooperation Committee Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U A Local 342 Jt Labor-Management Cooperation Committee Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2023, U A Local 342 Jt Labor-Management Cooperation Committee Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.5m during the year ending 06/2023. While expenses have increased by 3.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE EMPLOYMENT CONDITIONS FOR WORKERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION IS DEDICATED TO THE IMPROVEMENT OF THE EFFICIENCY, SAFETY AND COMPETITIVENESS OF THE PLUMBING AND PIPEFITTING INDUSTRY, MAINTENANCE OF A PRODUCTIVE AND STABLE UNIONIZED WORK FORCE AND THE IMPROVEMENT OF EMPLOYMENT CONDITIONS AND OPPORTUNITIES FOR WORKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kim Biagi Admin/secretary-Thru 4/2023 | Officer | 40 | $218,717 |
Jeannette Null Admin/secretary | Officer | 40 | $178,124 |
Kenneth K Egu Accounting Manager | 40 | $121,382 | |
Nicole Bonacci Eligibility Manager | 40 | $104,688 | |
Che Timmons President | Trustee | 0.1 | $0 |
Alex Hall Vice President | Trustee | 0.1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lindquist Llp Audit And Accounting | 6/29/21 | $212,515 |
Xantrion Inc It And Cyber-security | 6/29/21 | $105,832 |
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 | $3,649,877 |
Investment income | $22,343 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$14,542 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,657,903 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $135,818 |
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. | $502,892 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,180,275 |
Pension plan accruals and contributions | $332,413 |
Other employee benefits | $384,218 |
Payroll taxes | $116,153 |
Fees for services: Management | $0 |
Fees for services: Legal | $83,460 |
Fees for services: Accounting | $291,814 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,606 |
Fees for services: Other | $4,020 |
Advertising and promotion | $0 |
Office expenses | $154,767 |
Information technology | $121,738 |
Royalties | $0 |
Occupancy | $71,628 |
Travel | $1,090 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $48,115 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $25,653 |
Insurance | $11,953 |
All other expenses | $0 |
Total functional expenses | $3,467,613 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $173,396 |
Savings and temporary cash investments | $193,147 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $83,347 |
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 | $15,448 |
Net Land, buildings, and equipment | $27,178 |
Investments—publicly traded securities | $560,986 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $222,665 |
Total assets | $1,276,167 |
Accounts payable and accrued expenses | $330,030 |
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 | $218,805 |
Total liabilities | $548,835 |
Net assets without donor restrictions | $727,332 |
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 | $1,276,167 |
Over the last fiscal year, U A Local 342 Jt Labor-Management Cooperation Committee Inc has awarded $127,818 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
APPRENTICESHIP & TRAINING FUND UA 342 PURPOSE: Training | $115,818 |
CA STATE PIPE TRADES SCHOLARSHIP FOUNDATION PURPOSE: SCHOLARSHIP GRANT. | $12,000 |