Lumbermens Association Of Texas
- Assets
- $1.6m
- Revenue
- $552.9k
- Investments
- $1.3m
- Employees
- 1
- Location
- Austin, TX
- Founding
- 10/1943
- Data as of
- 06/2022
- EIN
- 74-0755550
Organization Overview
Lumbermens Association Of Texas is located in Austin, TX. The organization was established in 1943. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lumbermens Association Of Texas 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 06/2022, Lumbermens Association Of Texas generated $552.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $573.3k during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LAT PROVIDES EDUCATION, NETWORKING AND GOVERNMENT AFFAIRS SERVICES TO THE TEXAS LUMBER AND BUILDING MATERIALS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION & EXPO - PRESENTATION AND DISCUSSION OF ISSUES OF SIGNIFICANCE TO MEMBERS
GOVERNMENT AFFAIRS - MONITOR AND SUPPORT LEGISLATION OF DIRECT INTEREST TO THE INDUSTRY
COMMUNICATIONS - NEWSLETTERS TO EDUCATE MEMBERS REGARDING CURRENT DEVELOPMENTS WITHIN THE INDUSTRY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Archer Treasurer/secretary | OfficerTrustee | 1 | $0 |
Steve Herren Board Member | Trustee | 1 | $0 |
Ray Sale Board Member | Trustee | 1 | $0 |
Clayton Epstein Board Member | Trustee | 1 | $0 |
Brian Mccoy Sgt. At Arms | OfficerTrustee | 1 | $0 |
Matt Mullin Board Member | Trustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $464,165 |
| Investment income | $87,549 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,149 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $552,863 |
| 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. | $159,968 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,474 |
| Fees for services: Lobbying | $76,495 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,374 |
| Advertising and promotion | $0 |
| Office expenses | $35,412 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,680 |
| Travel | $8,788 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $131,897 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $595 |
| Insurance | $5,899 |
| All other expenses | $0 |
| Total functional expenses | $573,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,031 |
| Savings and temporary cash investments | $36,160 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,389 |
| 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 | $16,394 |
| Net Land, buildings, and equipment | $1,524 |
| Investments—publicly traded securities | $209,529 |
| Investments—other securities | $1,259,209 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,500 |
| Total assets | $1,582,736 |
| Accounts payable and accrued expenses | $3,288 |
| Grants payable | $0 |
| Deferred revenue | $157,300 |
| 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 | $160,588 |
| Net assets without donor restrictions | $1,422,148 |
| 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 | $1,582,736 |