California Manufacturers And Technology Association
- Assets
- $2.9m
- Revenue
- $3.3m
- Investments
- $18.5k
- Employees
- 14
- Location
- Sacramento, CA
- Founding
- 03/1948
- Data as of
- 12/2021
- EIN
- 95-1461050
Organization Overview
California Manufacturers And Technology Association is located in Sacramento, CA. The organization was established in 1948. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, California Manufacturers And Technology Association employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Manufacturers And Technology Association 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 12/2021, California Manufacturers And Technology Association generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT RELATIONS: THE ORGANIZATION UTILIZES EXPERTS TO REVIEW, ANALYZE, COMMENT AND INTERPRET REASONABLE AND EQUITABLE LAWS, REGULATIONS, AND ENVIRONMENTAL RESTRAINTS TO PROMOTE AND MAINTAIN A FAVORABLE, COMPETITIVE BUSINESS CLIMATE FOR THEIR MEMBERS IN THE STATE OF CALIFORNIA.
RESTRICTED FUNDS: THE ORGANIZATION MAINTAINS A NUMBER OF RESTRICTED FUNDS INCLUDING:1.) ENERGY FUND: FOR PROFESSIONAL SERVICES RENDERED IN CONNECTION WITH UTILITY RATE NEGOTIATIONS2.) ECONOMIC FEASIBILITY: FOR REGULATORY MATTERS RELATED TO ENSURING EFFECTIVE COST/BENEFIT ANALYSIS IS COMPLETED ON RULES AND REGULATIONS 3.) RELEVANCE IN EDUCATION AND LEARNING FUND: PROVIDE A MORE WELL-ROUNDED EDUCATION FOR STUDENTS THROUGH RIGOROUS ACADEMIC AND VOCATIONAL AND TECHNICAL COURSES4.) NERA: FOR CONSULTING SERVICES5.) WILDFIRE: FOR MATTERS RELATED TO WILDFIRE IMPACTS ON ENERGY/ELECTRICITY6.) INDUSTRY ENERGY PROJECT: FOR A COLLABORATIVE PAN-INDUSTRY EFFORT TO FOCUS PUBLIC POLICY ATTENTION ON MATTERS RELATING TO AFFORDABILITY AND RELIABILITY OF ENERGY IN CALIFORNIA7.) CAP/TRADE 2020: FOR A COLLABORATIVE EFFORT TO RAISE AWAREMESS ON AIR QUALITY ISSUES IN CALIFORNIA 8.) GET REAL: FOR MATTERS RELAING TOA COALITION OF BUSINESSESS WORKING TO PROMOTE CAREER TECHNICAL EDUCTION IN SCHOOLS IN CALIFORNIA
MEETINGS: THE ORGANIZATION SPONSORS AND CONDUCTS NUMEROUS MEETINGS, CONFERENCES, AND SEMINARS WHICH COVERED ISSUES OF INTEREST TO MEMBERS. APPROXIMATELY 800 MEMBERS SERVED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance Hastings President | Officer | 35 | $365,152 |
John Dicaro Vice President | Officer | 35 | $133,847 |
Robert Sanger Manager Of Training Servic | 5 | $118,225 | |
Joe Ahn Board Member | Trustee | 1 | $0 |
Melissa Ameluxen Board Member | Trustee | 1 | $0 |
Cory Anderson Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Senator Seagate Lp Rent | 12/30/21 | $583,429 |
Downey Brand Attorneys Legal | 12/30/21 | $138,397 |
Mchugh Keopke & Associates Government Relations | 12/30/21 | $118,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $265,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $268,354 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $643,170 |
| Total Program Service Revenue | $1,915,743 |
| Investment income | $2,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $434,664 |
| 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 | $3,345,036 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,479 |
| Grants and other assistance to domestic individuals. | $15,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $592,365 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $645,316 |
| Pension plan accruals and contributions | $38,376 |
| Other employee benefits | $110,948 |
| Payroll taxes | $121,018 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $156,839 |
| Fees for services: Accounting | $66,927 |
| Fees for services: Lobbying | $227,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $195,675 |
| Advertising and promotion | $8,590 |
| Office expenses | $67,271 |
| Information technology | $3,301 |
| Royalties | $0 |
| Occupancy | $597,335 |
| Travel | $16,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,354 |
| Insurance | $11,186 |
| All other expenses | $0 |
| Total functional expenses | $3,048,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $723,489 |
| Savings and temporary cash investments | $136,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,075 |
| 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 | $19,922 |
| Net Land, buildings, and equipment | $316,145 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $18,504 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,599,933 |
| Total assets | $2,873,192 |
| Accounts payable and accrued expenses | $23,673 |
| Grants payable | $0 |
| Deferred revenue | $625,475 |
| 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 | $932,907 |
| Total liabilities | $1,582,055 |
| Net assets without donor restrictions | $1,095,001 |
| Net assets with donor restrictions | $196,136 |
| 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 | $2,873,192 |
Grants Awarded
Over the last fiscal year, California Manufacturers And Technology Association has awarded $16,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIANS FOR JOBS & A STRONG ECONOMY PURPOSE: TO SUPPORT CANDIDATES | $10,000 |
AUTUMN BURKE FOR ASSEMBLY 2020 PURPOSE: TO SUPPORT CANDIDATE | $6,000 |