King County Directors Association, operating under the name KCDA Purchasing Cooperative, is located in Kent, WA. The organization was established in 0000. As of 12/2021, KCDA Purchasing Cooperative employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. KCDA Purchasing Cooperative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, KCDA Purchasing Cooperative generated $9.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THIS NON-PROFIT GOVERNMENT AGENCY IS TO CREATE VOLUME PURCHASING, FULFILL BID LAW REQUIREMENTS, MANAGE CENTRALIZED RECEIVING AND DISTRIBUTION AND OFFER SINGLE-SOURCE PURCHASING FOR SCHOOL SUPPLIES, FURNITURE, EQUIPMENT AND SERVICES REQUESTED BY ITS MEMBERS.
Describe the Organization's Program Activity:
LESSENING THE ECONOMIC BURDEN OF GOVERNMENT THROUGH JOINT PURCHASING OF SCHOOL SUPPLIES AND EQUIPMENT FOR 294 PUBLIC SCHOOL DISTRICTS IN THE STATE OF WASHINGTON AND OVER 1,000 OTHER PUBLIC AGENCIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Mahalko Executive Director | Officer | 40 | $207,968 |
Yohan Lee Chief Financial Officer | Officer | 40 | $171,438 |
Taewoo Kim Director Of Purchasing | 40 | $142,504 | |
Dane Hewitt Director Of Marketing | 40 | $127,222 | |
Riesa Ragan Director Of Human Resources | 40 | $114,009 | |
Barry Fredericks Warehouse Manager | 40 | $104,938 |
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 | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $8,877,752 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,334,475 |
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. | $379,407 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,788,354 |
Pension plan accruals and contributions | -$620,701 |
Other employee benefits | $346,782 |
Payroll taxes | $286,953 |
Fees for services: Management | $0 |
Fees for services: Legal | $43,228 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $9,239 |
Office expenses | $104,586 |
Information technology | $293,235 |
Royalties | $0 |
Occupancy | $213,052 |
Travel | $9,699 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,596 |
Interest | $65,555 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $358,042 |
Insurance | $85,883 |
All other expenses | $37,787 |
Total functional expenses | $6,862,339 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,000 |
Savings and temporary cash investments | $1,061,609 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $13,826,455 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $10,067,038 |
Prepaid expenses and deferred charges | $569,880 |
Net Land, buildings, and equipment | $3,048,383 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,561,130 |
Total assets | $31,137,495 |
Accounts payable and accrued expenses | $11,453,263 |
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 | $4,500,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,929,820 |
Total liabilities | $18,883,083 |
Net assets without donor restrictions | $9,206,028 |
Net assets with donor restrictions | $3,048,384 |
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 | $31,137,495 |
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