Piping Industry Progress And Ed Labor-Mngmnt Co-Op Comm
- Assets
- $27.5m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 14
- Location
- Los Angeles, CA
- Founding
- 07/1986
- Data as of
- 12/2021
- EIN
- 95-3942172
Organization Overview
Piping Industry Progress And Ed Labor-Mngmnt Co-Op Comm is located in Los Angeles, CA. The organization was established in 1986. 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, Piping Industry Progress And Ed Labor-Mngmnt Co-Op Comm employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piping Industry Progress And Ed Labor-Mngmnt Co-Op Comm is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Piping Industry Progress And Ed Labor-Mngmnt Co-Op Comm generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. While expenses have increased by 3.8% 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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 |
|---|---|---|---|
Jarrod Ferrucio Cfo/director Of Marketing | Officer | 40 | $170,740 |
David Otterstein Executive Director | Officer | 40 | $170,740 |
Jeffrey Modrzejewski Government Affairs | 40 | $170,740 | |
Doug Wilson Director Of Plumbing Services | 40 | $170,740 | |
Jaime Valdivia Executive Director | Officer | 40 | $166,592 |
Rodney Cobos Trustee | OfficerTrustee | 2 | $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 | $5,892,448 |
| Investment income | $106,781 |
| 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 | $6,121,246 |
| 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. | $508,072 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $753,606 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $683,520 |
| Payroll taxes | $95,562 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $230,092 |
| Fees for services: Accounting | $152,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $192,348 |
| Office expenses | $125,843 |
| Information technology | $42,543 |
| Royalties | $0 |
| Occupancy | $169,383 |
| Travel | $59,035 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,292 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,926 |
| Insurance | $81,207 |
| All other expenses | $16,147 |
| Total functional expenses | $4,616,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,448,033 |
| Savings and temporary cash investments | $12,824,226 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $744,778 |
| 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 | $35,717 |
| Net Land, buildings, and equipment | $186,756 |
| Investments—publicly traded securities | $6,940,273 |
| Investments—other securities | $0 |
| Investments—program-related | $5,333,229 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,513,012 |
| Accounts payable and accrued expenses | $261,023 |
| 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 | $1,285,038 |
| Total liabilities | $1,546,061 |
| Net assets without donor restrictions | $25,966,951 |
| 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 | $27,513,012 |