Los Angeles City Employees Assoc is located in Los Angeles, CA. The organization was established in 1997. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Los Angeles City Employees Assoc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles City Employees Assoc is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Los Angeles City Employees Assoc generated $17.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $17.4m during the year ending 12/2021. While expenses have increased by 1.8% 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
TO PROVIDE HIGH QUALITY INSURANCE PRODUCTS AND INFORMATION TO CITY EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSURANCE SALES: PROVIDING OVER 30,000 POLICIES OF VARIOUS VOLUNTARY INSURANCE PRODUCTS TO ACTIVE, RETIRED, AND FORMER MUNICIPAL EMPLOYEES OF THE STATE OF CALIFORNIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John A Hawkins President And CEO | Officer | 40 | $230,703 |
Brian G Trent CFO | Officer | 40 | $205,680 |
P Leigh Thompson Controller | 50 | $194,611 | |
Robert Larios COO | Officer | 40 | $170,533 |
Tuyet Trinh Pham Senior Accountant | 45 | $167,975 | |
Petros Khacharian It Manager | 45 | $160,025 |
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 | $17,388,043 |
Investment income | $6,000 |
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 | $17,394,043 |
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 | $12,403,140 |
Compensation of current officers, directors, key employees. | $781,356 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,695,139 |
Pension plan accruals and contributions | $397,056 |
Other employee benefits | $444,216 |
Payroll taxes | $278,900 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,878 |
Fees for services: Accounting | $53,202 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,875 |
Advertising and promotion | $55,685 |
Office expenses | $367,411 |
Information technology | $24,661 |
Royalties | $0 |
Occupancy | $341,257 |
Travel | $49,717 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $189,301 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $41,879 |
Insurance | $112,452 |
All other expenses | $2,927 |
Total functional expenses | $17,374,964 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $217,867 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $87,990 |
Loans from Officers, Directors, or Controlling Persons | $3,359 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $145,174 |
Net Land, buildings, and equipment | $68,208 |
Investments—publicly traded securities | $1,243,913 |
Investments—other securities | $1,274,045 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $888,592 |
Total assets | $3,929,148 |
Accounts payable and accrued expenses | $1,346,312 |
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 | $1,647,849 |
Total liabilities | $2,994,161 |
Net assets without donor restrictions | $0 |
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 | $934,987 |
Total liabilities and net assets/fund balances | $3,929,148 |
Organization Name | Assets | Revenue |
---|---|---|
Producers Health Benefits Plan Raleigh Studios West Covina, CA | $31,226,794 | $35,763,235 |
School Administrators Welfare Trust Las Vegas, NV | $4,655,060 | $27,258,047 |
All City Employees Benefits Service Association Los Angeles, CA | $8,641,222 | $26,619,696 |
San Diego County Teamsters-Employers Insurance Trus San Diego, CA | $15,215,936 | $26,957,147 |
Ocu Health & Welfare Trust Covina, CA | $276,724,794 | $27,957,263 |
United Firefighters Of La City Local 112 Los Angeles, CA | $12,153,836 | $22,230,938 |
Los Angeles City Employees Assoc Los Angeles, CA | $3,929,148 | $17,394,043 |
Clark County Firefighters Union Las Vegas, NV | $43,051,788 | $17,162,626 |
Elk Grove Benefits Employee Retirement Trust Elk Grove, CA | $203,519,150 | $24,003,210 |
Las Vegas Firefighters Health & Welfare Trust Las Vegas, NV | $20,225,951 | $14,905,602 |
Public Employee Benefit Tr Of Ca Glendale, CA | $33,411 | $11,074,985 |
Sheriffs Relief Assn Of Los Angeles County Whittier, CA | $56,773,839 | $4,943,201 |