Northeast Flooring Contractors Association Inc
- Assets
- $25.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Barrington, RI
- Founding
- 11/1989
- Data as of
- 12/2022
- EIN
- 04-2807701
Organization Overview
Northeast Flooring Contractors Association Inc is located in Barrington, RI. The organization was established in 1989. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Flooring Contractors Association 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 12/2022, Northeast Flooring Contractors Association Inc generated $145.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $161.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NEFCA ADMINISTERS FUNDS CONTRIBUTED FROM FLOORING UNIONS TO SPONSOR GROUP MEETINGS WHICH PROVIDE A FORUM TO DISSEMINATE INDUSTRY INFORMATION TO MEMBER FIRMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L James Spiro Executive Di | 30 | $41,200 | |
Jim Burke President | 3 | $0 | |
Steve Becht Vice Preside | 3 | $0 | |
Matt Marrama Treasurer | 3 | $0 | |
James Colombo Secretary | 3 | $0 | |
David Ruggieri Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,876 |
| Professional fees and other payments to independent contractors | $2,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $111,268 |
| Total expenses | $161,094 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,124 |
| Other assets | $0 |
| Total assets | $25,124 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,124 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Society Of Compliance Professionals Inc Cornwall Bridge, CT | $2,936,925 | $1,726,749 |
Mechanical Contractors Association Of Connecticut Industry Fund Southington, CT | $3,078,310 | $1,328,354 |
Rhode Island Builders Association East Providence, RI | $2,877,462 | $1,653,653 |
Massachusetts Package Stores Assn Inc Westborough, MA | $145,232 | $927,924 |
United Association Of Journeymen & Apprentices Of Plumbing & Pipe West Boylston, MA | $3,096,398 | $1,183,683 |
New England Mechanical Contractors Assn Inc Quincy, MA | $393,884 | $1,016,147 |
Plumbing-Heating-Cooling Contractors Of Massachusetts Inc Braintree, MA | $1,573,052 | $979,809 |
Greater Boston Plumbing Contractors Association Inc Braintree, MA | $421,923 | $613,515 |
R I Society Of Certified Public Accountants Cranston, RI | $518,028 | $837,468 |
The Builders & Remodelers Assoc Of Great Boston Inc Bragb Canton, MA | $383,457 | $553,290 |
Ibm Club - Massachusetts Burlington, MA | $0 | $0 |
Mechanical Contractors Association Of Connecticut Inc Southington, CT | $1,174,723 | $622,810 |