Painting & Decorating Contractors Of America is located in Kent, WA. The organization was established in 1974. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Painting & Decorating Contractors Of America 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 12/2023, Painting & Decorating Contractors Of America generated $72.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $42.8k during the year ending 12/2023. While expenses have increased by 0.1% per year over the past 6 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
TO PROVIDE EDUCATION AND SUPPORT FOR MEMBERS THROUGH SEMINARS ON INDUSTRY RELATED TOPICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATION AND SUPPORT FOR MEMBERS THROUGH SEMINARS ON INDUSTRY RELATED TOPICS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bridget Davidson Secretary | OfficerTrustee | 5 | $11,244 |
Jesse Ficks President | OfficerTrustee | 2 | $0 |
Dave Jones Endowment Chair | Trustee | 1 | $0 |
Roy Glisson Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $23,541 |
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 | $23,541 |
Total Program Service Revenue | $9,979 |
Investment income | $19,357 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,069 |
Net Income from Fundraising Events | $17,812 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $72,758 |
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. | $11,244 |
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 | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $804 |
Fees for services: Accounting | $3,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,245 |
Fees for services: Other | $0 |
Advertising and promotion | $1,046 |
Office expenses | $2,691 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,340 |
Travel | $90 |
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 | $0 |
Insurance | $850 |
All other expenses | $1,636 |
Total functional expenses | $42,824 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $67,032 |
Savings and temporary cash investments | $142,646 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,333 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $42,430 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $631,059 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $890,500 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $890,500 |
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 | $890,500 |