Queens County Builders And Contractors Association Inc
- Assets
- $64.0k
- Revenue
- $222.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Bayside, NY
- Founding
- 03/1969
- Data as of
- 12/2021
- EIN
- 13-2617584
Organization Overview
Queens County Builders And Contractors Association Inc is located in Bayside, NY. The organization was established in 1969. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Queens County Builders And 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 12/2021, Queens County Builders And Contractors Association Inc generated $222.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $215.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. 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 IMPROVE BUSINESS CONDITIONS FOR MEMBERS BY HAVING CONFERENCE AND MEETINGS AT WHICH VARIOUS CONSTRUCTION INDUSTRY BUSINESS TOPICS AND INFORMATION IS PROVIDED TO, AND DISCUSSED WITH THE MEMBERSHIP. IN ADDITION, THERE ARE ALSO LECTURES PROVIDED BY GUEST SPEAKERS AT MEETING ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXEMPT PURPOSE ACHIEVEMENTS ARE:1. VIRTUAL NETWORKING TO CREATE MORE BUSINESS WITHIN AND AMONGST INDUSTRY MEMBERS.2. LOBBYING TO STOP THE HUGE INCREASE IN GENERAL LIABILITY INSURANCE.3. PROVIDE MEMBERS WITH THE MOST UP TO DATE INFORMATION ON THE INDUSTRY AND OTHER RELATED TOPICS.4. UNITING FOR THE PURPOSE OF MAKING THE DEPARTMENT OF BUILDINGS A WORKABLE INSTITUTION.5. EXPANDING THE ORGANIZATION TO INCLUDE BRONX COUNTY BUSINESSES AS MEMBERS.6. RECOGNITION EVENTS TO HONOR THE ACCOMPLISHMENTS OF BUILDERS, ARCHITECTS AND OWNERS THROUGHOUT QUEENS & BRONX.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
June Petrone Executive Director | Officer | 40 | $65,210 |
Henry Wan Past President | OfficerTrustee | 2 | $0 |
James Riso Past President | OfficerTrustee | 2 | $0 |
Vincent L Riso Past President | OfficerTrustee | 2 | $0 |
George Poulon President | OfficerTrustee | 2 | $0 |
Craig Elka Immediate Past President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $92,628 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,400 |
| 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 | $120,028 |
| Total Program Service Revenue | $15,979 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,314 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,127 |
| 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. | $65,210 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,945 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,650 |
| Fees for services: Lobbying | $34,675 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,645 |
| Advertising and promotion | $10,530 |
| Office expenses | $9,666 |
| Information technology | $6,771 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,292 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,750 |
| All other expenses | $0 |
| Total functional expenses | $215,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,139 |
| Savings and temporary cash investments | $17,048 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,800 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $63,987 |
| 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 | $63,987 |
| 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 | $63,987 |
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