Distribution Contractors Association
- Assets
- $5.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 5
- Location
- Richardson, TX
- Founding
- 01/1963
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, Distribution Contractors Association generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 5 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
2022
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 |
|---|---|---|---|
Kevin Parker President | OfficerTrustee | 1 | $0 |
Raymond Swerdfeger Vice President | Trustee | 1 | $0 |
Daniel Carson Director | Officer | 1 | $0 |
Robert Darden Executive Vice President | Officer | 40 | $328,360 |
Douglas Anderson Director | Officer | 1 | $0 |
Mark Albert Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $577,874 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,794,987 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,372,861 |
| Total Program Service Revenue | $0 |
| Investment income | $77,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,923 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,765,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $137,600 |
| 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 | $759,281 |
| Pension plan accruals and contributions | $115,724 |
| Other employee benefits | $0 |
| Payroll taxes | $48,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,005 |
| Fees for services: Accounting | $22,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,832 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40,392 |
| Office expenses | $122,047 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,063 |
| Travel | $143,450 |
| 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 | $8,869 |
| Insurance | $104,713 |
| All other expenses | $54,023 |
| Total functional expenses | $2,322,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,216 |
| Savings and temporary cash investments | $195,504 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $81,600 |
| 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 | $361,214 |
| Net Land, buildings, and equipment | $21,410 |
| Investments—publicly traded securities | $3,652,896 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $437,397 |
| Total assets | $5,196,237 |
| Accounts payable and accrued expenses | $179,592 |
| Grants payable | $0 |
| Deferred revenue | $1,056,344 |
| 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 | $319,674 |
| Total liabilities | $1,555,610 |
| Net assets without donor restrictions | $3,445,840 |
| Net assets with donor restrictions | $194,787 |
| 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 | $5,196,237 |