Building Crafts Inc Hour Bank Tr Agreement is located in Cincinnati, OH. The organization was established in 2010. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Crafts Inc Hour Bank Tr Agreement is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2022, Building Crafts Inc Hour Bank Tr Agreement generated $132.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.2%) each year. All expenses for the organization totaled $181.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (31.8%) per year over the past 4 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
TRUST COLLECTS EMPLOYER AND EMPLOYEE CONTRIBUTIONS THEN DISBURSES TO COVER HEALTH INSURANCE PREMIUMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas E Seitz Trustee | 0 | $0 | |
John Zalla Officer | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Humana Inc Health Insurer | 12/30/20 | $865,105 |
Principal Inc Dental Vision Vol Life | 12/30/20 | $46,686 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $132,568 |
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 | $132,568 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $176,025 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,096 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $181,121 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |