Distribution Contractors Association
- Assets
- $5.1m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Richardson, TX
- Founding
- 01/1963
- Data as of
- 12/2021
- EIN
- 73-0714965
Organization Overview
Distribution Contractors Association is located in Richardson, TX. The organization was established in 1963. 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, Distribution Contractors Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Distribution Contractors 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, Distribution Contractors Association generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) 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
TO PROMOTE THE EXCHANGE OF INFORMATION RELATING TO THE CONSTRUCTION AND MAINTENANCE OF DISTRIBUTION PIPELINE, CABLE AND DUCT SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE EXCHANGE OF INFORMATION RELATING TO THE CONSTRUCTION AND MAINTENANCE OF DISTRIBUTION PIPELINE, CABLE AND DUCT SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Darden Executive Vice President | Officer | 40 | $319,560 |
Becky Hopkins Director Of Meetings | 40 | $113,500 | |
Teri Korson Director Of Administration | 40 | $105,500 | |
Donna K Reed Director Of Membership Services | 40 | $105,000 | |
Candace D Green Director Of Marketing & Communications | 40 | $101,900 | |
Kevin Parker Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $362,802 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,583,103 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,945,905 |
| Total Program Service Revenue | $0 |
| Investment income | $100,631 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,504 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,333,132 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $137,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $727,425 |
| Pension plan accruals and contributions | $111,554 |
| Other employee benefits | $0 |
| Payroll taxes | $51,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $185,195 |
| Fees for services: Accounting | $20,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,795 |
| Fees for services: Other | $0 |
| Advertising and promotion | $36,034 |
| Office expenses | $97,168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,998 |
| Travel | $87,341 |
| 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 | $8,541 |
| Insurance | $98,771 |
| All other expenses | $40,283 |
| Total functional expenses | $2,135,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,564 |
| Savings and temporary cash investments | $95,487 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,328 |
| 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 | $366,908 |
| Net Land, buildings, and equipment | $22,873 |
| Investments—publicly traded securities | $4,246,048 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $700 |
| Total assets | $5,080,908 |
| Accounts payable and accrued expenses | $136,842 |
| Grants payable | $0 |
| Deferred revenue | $920,211 |
| 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 | $521 |
| Total liabilities | $1,057,574 |
| Net assets without donor restrictions | $4,023,334 |
| 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 | $5,080,908 |