Carpenters L U 215
- Assets
- $877.9k
- Revenue
- $176.3k
- Investments
- $252.8k
- Employees
- 14
- Location
- Lafayette, IN
- Founding
- 01/1953
- Data as of
- 06/2022
- EIN
- 35-0215330
Organization Overview
Carpenters L U 215 is located in Lafayette, IN. The organization was established in 1953. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, Carpenters L U 215 employed 14 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Carpenters L U 215 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Carpenters L U 215 generated $176.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $169.1k during the year ending 06/2022. While expenses have increased by 1.3% 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
THE ORGANIZATION'S PURPOSE IS TO SERVE ITS MEMBERS BY REPRESENTING THEM IN LABOR AND TO ASSIST IN SECURING EMPLOYMENT OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST THE LOCAL MEMBER IN THE COLLECTIVE BARGAINING NEGOTIATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Wilson Financial Secretary | Officer | 2 | $7,522 |
Scott Bayes Treasurer | Officer | 2 | $1,880 |
David Brettnacher President | Officer | 2 | $1,128 |
David Walker Warden | Trustee | 1 | $722 |
Nathan Courtney Trustee | Trustee | 2 | $689 |
Charles Burget Trustee | Trustee | 2 | $627 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $158,265 |
| Investment income | $12,862 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $176,284 |
| 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 | $14,190 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,443 |
| 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 | $5,315 |
| Advertising and promotion | $400 |
| Office expenses | $5,442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,721 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,008 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,312 |
| Insurance | $238 |
| All other expenses | $6,815 |
| Total functional expenses | $169,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,936 |
| Savings and temporary cash investments | $30,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $587,182 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $252,831 |
| Investments—program-related | $0 |
| Intangible assets | $2,963 |
| Other assets | $1,933 |
| Total assets | $877,905 |
| 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 | $393,402 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,262 |
| Total liabilities | $394,664 |
| Net assets without donor restrictions | $483,241 |
| 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 | $877,905 |