Carpenters-Contractors Cooperation Committee Inc
- Assets
- $24.9m
- Revenue
- $8.0m
- Investments
- $0.0
- Employees
- 29
- Location
- Los Angeles, CA
- Founding
- 02/1989
- Data as of
- 12/2021
- EIN
- 95-4121672
Organization Overview
Carpenters-Contractors Cooperation Committee Inc is located in Los Angeles, CA. The organization was established in 1989. 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, Carpenters-Contractors Cooperation Committee Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carpenters-Contractors Cooperation Committee Inc 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, Carpenters-Contractors Cooperation Committee Inc generated $8.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $6.4m during the year ending 12/2021. While expenses have increased by 13.0% 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 PROMOTE THE CARPENTRY INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE CONDITIONS FOR THOSE ENGAGED IN THE CARPENTRY/CONSTRUCTION INDUSTRY, IMPROVE THEIR PRODUCT AND DEVELOP A HIGHER DEGREE OF EFFICIENCY IN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Kersh Executive Director | 40 | $273,107 | |
Favian Guillen Team Coordinator | 40 | $172,246 | |
Patricia A Mccarron Office Manager | 40 | $165,446 | |
Miguel A Rios Committee Member | 40 | $144,440 | |
Jose Antonio Loera Committee Member | 40 | $144,394 | |
Francisco Medina Committee Member | 40 | $144,394 |
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 | $7,928,265 |
| Investment income | $3,738 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $65,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,997,503 |
| 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. | $509,979 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,874,395 |
| Pension plan accruals and contributions | $474,706 |
| Other employee benefits | $444,602 |
| Payroll taxes | $279,877 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $167,455 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $66,219 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $301,258 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $326,512 |
| Insurance | $119,025 |
| All other expenses | $312,607 |
| Total functional expenses | $6,423,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250 |
| Savings and temporary cash investments | $22,775,892 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $698,549 |
| 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 | $49,950 |
| Net Land, buildings, and equipment | $1,416,373 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,221 |
| Total assets | $24,947,235 |
| Accounts payable and accrued expenses | $252,410 |
| 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 | $1,050,021 |
| Total liabilities | $1,302,431 |
| 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 | $23,644,804 |
| Total liabilities and net assets/fund balances | $24,947,235 |
Grants Awarded
Over the last fiscal year, Carpenters-Contractors Cooperation Committee Inc has awarded $4,200 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Redondo Beach, CA PURPOSE: TO PROVIDE RESEARCH PROJECTS NESCESSARY TO ADVANCE THE CONSTRUCTION INDUSTRY. | $3,500 |
Los Angeles, CA PURPOSE: TO PROMOTE CONSTRUCTION WORK IN THE LOS ANGELES AREA | $700 |