Calif Association Of Collectors Inc

Organization Overview

Calif Association Of Collectors Inc is located in Eagan, MN. The organization was established in 1955. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Calif Association Of Collectors 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 12/2023, Calif Association Of Collectors Inc generated $436.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $305.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.CALIFORNIA ASSOCIATION OF COLLECTORS (CAC) IS THE TRADE ASSOCIATION FOR THE DEBT COLLECTION INDUSTRY IN CALIFORNIA. CAC PROVIDES LEGISLATIVE ADVOCACY, LEADERSHIP DEVELOPMENT, EDUCATION AND PUBLIC RELATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH ITS ANNUAL CONFERENCE, WEBSITE, EMAIL UPDATES WITH RESPECT TO ASSOCIATION ACTIVITIES, AND INK MAGAZINE, THE CALIFORNIA ASSOCIATION OF COLLECTORS KEPT MEMBERS INFORMED ABOUT INDUSTRY ACTIVITIES, PENDING LEGISLATION AFFECTING COLLECTION INDUSTRY AND WORKED CLOSELY WITH THE NATIONAL ORGANIZATION, ACA INTERNATIONAL, TO CONTINUE PROVIDING ITS MEMBERS UP TO DATE INFORMATION ABOUT THE COLLECTION INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Schumacher
President
$0
Kelly Parsons O'brien
Secretary
$0
Shawn Suhr
Treasurer
$0
Mike Cheek
Director
$0
Maryrose Diaz
Director
$0
Rick Minton
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Advocacy And Management Group
Management
$126,684
Governmental Advocates
Legislative
$96,916
Hefner Stark Marios
Legal
$57,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$312,999
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$47,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$359,999
Total Program Service Revenue$59,918
Investment income $4,457
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 $0
Miscellaneous Revenue$0
Total Revenue $436,224

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