Monterey Bay Area Labor-Management Cooperative Fund
- Assets
- $101.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salinas, CA
- Founding
- 01/1994
- Data as of
- 05/2024
- EIN
- 77-0343492
Organization Overview
Monterey Bay Area Labor-Management Cooperative Fund is located in Salinas, CA. The organization was established in 1994. According to its NTEE Classification (I51) the organization is classified as: Dispute Resolution & Mediation, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monterey Bay Area Labor-Management Cooperative Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 05/2024, Monterey Bay Area Labor-Management Cooperative Fund generated $84.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $112.0k during the year ending 05/2024. While expenses have increased by 7.1% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT IN THE ELECTRICAL INDUSTRY; TO PROVIDE WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACHES TO ACHIEVING ORGANIZATIONAL EFFECTIVENESS; TO STUDY AND EXPLORE WAYS OF ELIMINATING POTENTIAL PROBLEMS WHICH REDUCE THE COMPETITIVENESS AND INHIBIT THE ECONOMIC DEVELOPMENT OF THE INDUSTRY; TO FOSTER IMPROVEMENTS IN OCCUPATIONAL SAFETY AND HEALTH AND OTHER WORKING CONDITIONS IN THE INDUSTRY; AND TO ENGAGE IN ANY OTHER LAWFUL ACTIVITIES INCIDENTAL OR RELATED TO THE ACCOMPLISHMENT OF THESE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Prado Officer | 1 | $0 | |
Rick Jensen Officer - Former | 1 | $0 | |
Eric Tonnesen Officer | 1 | $0 | |
Jerri L Champlin Officer | 1 | $0 | |
Paul Gutierrez Officer | 1 | $0 | |
Andy Hartmann Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $82,553 |
| Investment income | $1,946 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,499 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $534 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $111,434 |
| Total expenses | $111,968 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,574 |
| Other assets | $0 |
| Total assets | $101,574 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,574 |