Mechanical Contractors Of Fairbanks Inc
- Assets
- $4.2m
- Revenue
- $129.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairbanks, AK
- Founding
- 00/0000
- Data as of
- 06/2023
- EIN
- 92-0077485
Organization Overview
Mechanical Contractors Of Fairbanks Inc is located in Fairbanks, AK. The organization was established in 0000. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mechanical Contractors Of Fairbanks Inc 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 06/2023, Mechanical Contractors Of Fairbanks Inc generated $129.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $211.0k during the year ending 06/2023. 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
NEGOTIATE UNION AGREEMENTS WITH PLUMBERS & STEAMFITTERS UNION, PROVIDE TRAINING PROGRAMS, PROVIDE MEMBERS WITH STATE AND NATIONAL PUBLICATIONS AND INFORMATION. PARTICIPATE IN NATIONAL AND STATE CONFERENCES AND CONVENTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION IS THE BARGAINING AGENT FOR MANAGEMENT OF PLUMBERS & PIPEFITTERS IN FAIRBANKS, ALASKA, ALL AREAS NORTH OF THE 63RD PARALLEL, AND OTHER AREAS ASSIGNED BY THE UNITED ASSOCIATION.
THE ASSOCIATION BUDGETS AND COLLECTS ASSESSMENTS FROM MEMBERS FOR A PRO RATA PORTION OF EXPENSES FOR ACCOMPLISHING THE PRIMARY PURPOSE OF THE ASSOCIATION.
REPRESENTATIVES TRAVEL TO CONFERENCES FOR SEMINARS IN LABOR AND MANAGEMENT NEGOTIATIONS. THE ORGANIZATION REIMBURSES TRAVEL, DIRECT COSTS, AND REGISTRATION FEES FOR ANNUAL MEETINGS AND CONFERENCES.
THE ASSOCIATION SPONSORS REGULAR LOCAL MEETINGS THAT MEMBERS ARE REQUIRED TO ATTEND.
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 |
|---|---|---|---|
Maggy Desmond-Layral President | OfficerTrustee | 1 | $0 |
Rodger Morrow Vice President | OfficerTrustee | 1 | $0 |
Dennis Michel Secretary/treasurer | OfficerTrustee | 1 | $0 |
Megan Bunch Director | 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 | $157,222 |
| Investment income | $80,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$108,149 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $129,596 |
| 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. | $0 |
| 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 | $47,502 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,992 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,500 |
| Office expenses | $3,811 |
| Information technology | $7,831 |
| Royalties | $0 |
| Occupancy | $28,262 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,781 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,937 |
| Insurance | $8,211 |
| All other expenses | $0 |
| Total functional expenses | $210,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,000 |
| Savings and temporary cash investments | $25,515 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,084 |
| 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 | $0 |
| Net Land, buildings, and equipment | $485,247 |
| Investments—publicly traded securities | $3,699,702 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,238,548 |
| Accounts payable and accrued expenses | $946 |
| 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 | $946 |
| Net assets without donor restrictions | $4,237,602 |
| 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 | $4,238,548 |