Order Of United Commercial Travelers Of America
- Assets
- $13.1m
- Revenue
- $16.2m
- Investments
- $0.0
- Employees
- 44
- Location
- Columbus, OH
- Founding
- 10/1940
- Data as of
- 12/2021
- EIN
- 31-4273120
Organization Overview
Order Of United Commercial Travelers Of America is located in Columbus, OH. The organization was established in 1940. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Order Of United Commercial Travelers Of America employed 44 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Order Of United Commercial Travelers Of America is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2021, Order Of United Commercial Travelers Of America generated $16.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $17.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) 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
UCT IS AN INTERNATIONAL FRATERNAL BENEFIT SOCIETY UNITING PEOPLE WITH A COMMON PASSION FOR GOOD CITIZENSHIP AND VOLUNTEERISM TO IMPROVE THEIR LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSURANCE BENEFIT PROGRAMS: ACCIDENT, LIFE AND HEALTH BENEFITS PAID TO MEMBERS
MEMBERSHIP BENEFIT PROGRAMS: BENEVOLENT PAYMENT TO MEMBERS
VOLUNTEER ACTIVITIES - OVER 24,183 VOLUNTEER HOURS AND OVER $1,000,000 IN DONATIONS MADE BY LOCAL AND REGIONAL COUNCILS TO THEIR COMMUNITIES THROUGHOUT THE UNITED STATES AND CANADA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Hecker CEO | Officer | 45 | $163,059 |
Ray Sherrick Vice President | Officer | 40 | $135,656 |
Bob Miller Director | Officer | 40 | $100,323 |
Kathryn Chillinsky Vice President | Officer | 40 | $86,024 |
Kevin Roberts Vice President | Officer | 40 | $82,982 |
Andrew Swetnam CFO | Officer | 40 | $82,136 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bkd Audit And Tax | 12/30/21 | $115,456 |
Milliman Inc Consulting Services | 12/30/21 | $139,554 |
Diamond Consulting Group Actuarial | 12/30/21 | $218,684 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $546,299 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $582,347 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,949 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,226,595 |
| Total Program Service Revenue | $14,622,630 |
| Investment income | $266,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,801 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,246,455 |
| 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 | $8,294,606 |
| Compensation of current officers, directors, key employees. | $787,933 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,906,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $604,719 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,660 |
| Fees for services: Accounting | $155,834 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,023 |
| Fees for services: Other | $1,010,668 |
| Advertising and promotion | $2,937 |
| Office expenses | $600,842 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $526,996 |
| Travel | $17,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,548 |
| Interest | $3,122 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,526 |
| Insurance | $110,010 |
| All other expenses | $108,023 |
| Total functional expenses | $17,378,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,297 |
| Savings and temporary cash investments | $1,098,750 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $619,479 |
| 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 | $127,703 |
| Investments—publicly traded securities | $10,583,667 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $589,172 |
| Total assets | $13,051,068 |
| Accounts payable and accrued expenses | $446,635 |
| 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 | $6,233,378 |
| Total liabilities | $6,680,013 |
| Net assets without donor restrictions | $6,346,055 |
| Net assets with donor restrictions | $25,000 |
| 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 | $13,051,068 |
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|---|---|---|
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Loyal Christian Benefit Association Erie, PA | $108,287,356 | $23,099,109 |
Womans Life Insurance Society Port Huron, MI | $202,469,549 | $20,989,003 |
United Transportation Union Insurance Association Independence, OH | $229,446,528 | $20,187,973 |
Ladies Of Co Inc Catholic Gahanna, OH | $138,820,359 | $17,769,502 |
Order Of United Commercial Travelers Of America Columbus, OH | $13,051,068 | $16,246,455 |
Slovene National Benefit Society Imperial, PA | $127,585,848 | $17,289,930 |
Alliance Of Transylvania Saxons Of Us Cleveland, OH | $101,451,991 | $9,280,239 |
Serb National Federation Pittsburgh, PA | $50,402,981 | $6,645,334 |
Fraternal Order Of Police Philadelphia, PA | $3,187,559 | $6,876,497 |
Providence Assn Of Ukrainian Catholics Of Amer Philadelphia, PA | $55,075,663 | $6,983,514 |
Health & Welfare Fund Of The Plumbers & Steamfitters Local Canfield, OH | $14,266,542 | $8,803,996 |