Plumbing-Heating-Cooling Contractors Of Massachusetts Inc
- Assets
- $2.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 16
- Location
- Braintree, MA
- Founding
- 11/1970
- Data as of
- 12/2023
- EIN
- 04-2057147
Organization Overview
Plumbing-Heating-Cooling Contractors Of Massachusetts Inc is located in Braintree, MA. The organization was established in 1970. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Plumbing-Heating-Cooling Contractors Of Massachusetts Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plumbing-Heating-Cooling Contractors Of Massachusetts Inc 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 12/2023, Plumbing-Heating-Cooling Contractors Of Massachusetts Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 9 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.
Since 2019, Plumbing-Heating-Cooling Contractors Of Massachusetts Inc has awarded 23 individual grants totaling $207,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND DISSEMINATION OF KNOWLEDGE PERTAINING TO THE PLUMBING-HEATING-COOLING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATION AND DISSEMINATION OF KNOWLEDGE PERTAINING TO THE PLUMBING-HEATING-COOLING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Leydon President | OfficerTrustee | 5 | $0 |
Frank Monroe Treasurer | OfficerTrustee | 5 | $0 |
John Cersosimo Vice President | OfficerTrustee | 5 | $6,353 |
James Doughty Clerk | OfficerTrustee | 5 | $0 |
Michael E Allen Director | Trustee | 1 | $0 |
Christine Ernst Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $312,327 |
| 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 | $312,327 |
| Total Program Service Revenue | $852,116 |
| Investment income | $33,314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,324 |
| Net Income from Fundraising Events | $58,987 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $129,147 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,379,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $10,969 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,992 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $238,749 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,746 |
| Payroll taxes | $28,909 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $38,053 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $68,050 |
| Office expenses | $9,936 |
| Information technology | $11,766 |
| Royalties | $0 |
| Occupancy | $40,359 |
| Travel | $454 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,960 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $391 |
| Insurance | $10,909 |
| All other expenses | $36,649 |
| Total functional expenses | $1,107,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $769,117 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,898 |
| Loans from Officers, Directors, or Controlling Persons | $1,745 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,406 |
| Inventories for sale or use | $18,000 |
| Prepaid expenses and deferred charges | $7,891 |
| Net Land, buildings, and equipment | $2,887 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $959,518 |
| Intangible assets | $0 |
| Other assets | $206,591 |
| Total assets | $2,089,053 |
| Accounts payable and accrued expenses | $21,280 |
| Grants payable | $0 |
| Deferred revenue | $399,982 |
| 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 | $124,848 |
| Total liabilities | $546,110 |
| Net assets without donor restrictions | $1,542,943 |
| 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 | $2,089,053 |
Grants Awarded
Over the last fiscal year, Plumbing-Heating-Cooling Contractors Of Massachusetts Inc has awarded $50,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ARC OF GREATER BROCKTON PURPOSE: General support | $10,000 |
22 MOHAWKS CORPS PURPOSE: General support | $10,000 |
LARKIN MOTORS FOUNDATION PURPOSE: General support | $10,000 |
MY BROTHER'S KEEPER PURPOSE: General support | $10,000 |
TOMMY'S PLACE FOUNDATION INC PURPOSE: General support | $10,000 |