Maintenance Industry Labor- Management Cooperation Trust Fund
- Assets
- $5.3m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 36
- Location
- Covina, CA
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 95-4740601
Organization Overview
Maintenance Industry Labor- Management Cooperation Trust Fund is located in Covina, CA. The organization was established in 2001. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, Maintenance Industry Labor- Management Cooperation Trust Fund employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maintenance Industry Labor- Management Cooperation Trust Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Maintenance Industry Labor- Management Cooperation Trust Fund generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $3.2m during the year ending 12/2022. While expenses have increased by 14.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EXPAND AND IMPROVE WORKING RELATIONSHIPS BETWEEN WORKERS AND MANAGERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED JANITORS WITH VARIOUS LABOR DISPUTES AND QUESTIONS, AND PROVIDED EDUCATIONAL TRAINING COURSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Dotts Chairman | OfficerTrustee | 1 | $0 |
Mark Sharwood Co-Chairman | OfficerTrustee | 1 | $0 |
David Huerta Trustee | Trustee | 1 | $0 |
Jono Shaffer Trustee | Trustee | 1 | $0 |
Sanjay Garla Trustee | Trustee | 1 | $0 |
Ed Clevenger Trustee | Trustee | 1 | $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 | $384,725 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $384,725 |
| Total Program Service Revenue | $2,626,426 |
| Investment income | $81,865 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$45,317 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,141,043 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,624,253 |
| Pension plan accruals and contributions | $69,472 |
| Other employee benefits | $419,139 |
| Payroll taxes | $142,057 |
| Fees for services: Management | $45,888 |
| Fees for services: Legal | $12,419 |
| Fees for services: Accounting | $14,646 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,889 |
| Fees for services: Other | $143,121 |
| Advertising and promotion | $0 |
| Office expenses | $75,884 |
| Information technology | $16,460 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $35,469 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $583 |
| Insurance | $54,039 |
| All other expenses | $25,067 |
| Total functional expenses | $3,158,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,949,308 |
| Savings and temporary cash investments | $5,958 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $15,172 |
| Investments—publicly traded securities | $2,379,439 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,349,877 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $5,349,877 |
| 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 | $5,349,877 |