Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity
- Assets
- $72.0m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 45
- Location
- Exton, PA
- Founding
- 01/2017
- Data as of
- 04/2022
- EIN
- 23-6568023
Organization Overview
Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity is located in Exton, PA. The organization was established in 2017. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 04/2022, Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity generated $16.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $8.2m during the year ending 04/2022. While expenses have increased by 10.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION & TRAINING TO QUALIFYING MEMBERS UNDER A COLLECTIVE BARGAINING AGREEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & TRAINING SERVICES TO QUALIFYING MEMBERS OF PARTICIPATING UNIONS AND LABOR ASSOCIATIONS IN THE CONSTRUCTION INDUSTRY UNDER A COLLECTIVE BARGAINING AGREEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Sanders Trustee | Trustee | 1 | $0 |
Anthony Moss Trustee | Trustee | 1 | $0 |
James N Harper Jr Trustee | Trustee | 1 | $0 |
Samuel Staten Jr Trustee | Trustee | 1 | $0 |
Benjamin Connors Trustee | Trustee | 1 | $0 |
Malik Staten Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tn Ward Company Construction Contractor | 4/29/21 | $15,291,030 |
Camille Peluso Architects Architect | 4/29/21 | $373,588 |
Cleary Josem & Trigiani Llp Legal Services | 4/29/21 | $172,723 |
Sodexo Operations Food Service | 4/29/21 | $158,033 |
Securitas Security Services Security | 4/29/21 | $354,248 |
Sodexo Operations Food Service | 4/29/21 | $158,033 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $363,123 |
| 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 | $363,123 |
| Total Program Service Revenue | $13,625,600 |
| Investment income | $238,443 |
| Tax Exempt Bond Proceeds | $1,150,596 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,132,877 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,510,639 |
| 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 | $1,717,764 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,086,528 |
| Payroll taxes | $159,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $714,054 |
| Advertising and promotion | $0 |
| Office expenses | $140,601 |
| Information technology | $187,629 |
| Royalties | $0 |
| Occupancy | $286,730 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,222 |
| Interest | $644,840 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,379,508 |
| Insurance | $223,606 |
| All other expenses | $234,053 |
| Total functional expenses | $8,200,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,966,971 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,689,676 |
| 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 | $23,497 |
| Net Land, buildings, and equipment | $37,418,389 |
| Investments—publicly traded securities | $6,347,769 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,548,889 |
| Total assets | $71,995,191 |
| Accounts payable and accrued expenses | $598,823 |
| Grants payable | $0 |
| Deferred revenue | $57,709 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $351,391 |
| 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 | $19,660,338 |
| Total liabilities | $20,668,261 |
| Net assets without donor restrictions | $51,086,500 |
| Net assets with donor restrictions | $240,430 |
| 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 | $71,995,191 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ort America Inc New York, NY | $29,293,739 | $16,000,497 |
Brooklyn Excelsior Charter School Brooklyn, NY | $823,096 | $13,395,974 |
Williamson College Of The Trades Media, PA | $207,934,843 | $21,643,146 |
O S Johnson School Of Technology Scranton, PA | $30,244,832 | $14,495,079 |
Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity Exton, PA | $71,995,191 | $16,510,639 |
Philadelphia Technician Training Inc Philadelphia, PA | $9,117,106 | $11,028,900 |
Mason Tenders Training Fund Long Island City, NY | $44,024,998 | $3,801,436 |
Ohio Carpenters Joint Apprenticeship And Training Trust Columbus, OH | $9,324,678 | $6,147,861 |
Charter-Tech High School For The Performing Arts Inc Somers Point, NJ | $10,253,645 | $8,290,315 |
Coop Careers Inc New York, NY | $4,159,202 | $8,380,118 |
Meba Training Plan Baltimore, MD | $15,796,900 | $7,564,374 |
American Academy Mcallister Institute Of Funeral Service Inc New York, NY | $4,267,692 | $5,884,780 |