Communications Workers Of America Afl-Cio Clc
- Assets
- $618.5m
- Revenue
- $128.1m
- Investments
- $212.4m
- Employees
- 668
- Location
- Washington, DC
- Founding
- 11/1950
- Data as of
- 05/2023
- EIN
- 53-0246709
Organization Overview
Communications Workers Of America Afl-Cio Clc is located in Washington, DC. The organization was established in 1950. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 05/2023, Communications Workers Of America Afl-Cio Clc employed 668 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Communications Workers Of America Afl-Cio Clc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 05/2023, Communications Workers Of America Afl-Cio Clc generated $128.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $163.5m during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Communications Workers Of America Afl-Cio Clc has awarded 428 individual grants totaling $13,313,627. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EXEMPT LABOR ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(5).
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE WORKERS FOR THE ECONOMIC, MORAL, AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS. TO ASSIST WORKERS BY PROVIDING ECONOMIC ASSISTANCE DUE TO STRIKES AND DEATHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christophe M Shelton President | OfficerTrustee | 40 | $233,498 |
Sara Steffens Secretary - Treasurer | OfficerTrustee | 40 | $201,770 |
Dennis Trainor Vice President | OfficerTrustee | 40 | $183,171 |
Edward F Mooney Vice President | OfficerTrustee | 40 | $181,846 |
Richard Honeycutt Vice President | OfficerTrustee | 40 | $186,723 |
Linda L Hinton Vice President | OfficerTrustee | 40 | $185,953 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Steven Weissman Legal | 5/30/23 | $1,440,000 |
Berlin Rosen Ltd Public Relations | 5/30/23 | $1,134,666 |
Aptify Corporation Software Solutions | 5/30/23 | $975,682 |
David Van Os Associates Pc Legal | 5/30/23 | $525,996 |
617 Media Group Llc Marketing | 5/30/23 | $441,412 |
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 | $24,224 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,224 |
| Total Program Service Revenue | $111,259,555 |
| Investment income | $13,431,562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $419,929 |
| Net Rental Income | $1,390,305 |
| Net Gain/Loss on Asset Sales | -$336,377 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $128,096,234 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,545,288 |
| Grants and other assistance to domestic individuals. | $15,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,396,142 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,689,913 |
| Pension plan accruals and contributions | $813,844 |
| Other employee benefits | $17,765,751 |
| Payroll taxes | $2,433,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,092,294 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $127,571 |
| Fees for services: Other | $2,524,958 |
| Advertising and promotion | $0 |
| Office expenses | $1,931,659 |
| Information technology | $676,242 |
| Royalties | $0 |
| Occupancy | $5,704,663 |
| Travel | $3,835,948 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,555,184 |
| Interest | $0 |
| Payments to affiliates | $6,179,198 |
| Depreciation, depletion, and amortization | $1,692,907 |
| Insurance | $4,992 |
| All other expenses | $8,863,354 |
| Total functional expenses | $163,538,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,785,958 |
| Savings and temporary cash investments | $9,021,466 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,787,193 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,611,246 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $36,389,092 |
| Investments—publicly traded securities | $328,406,643 |
| Investments—other securities | $212,392,296 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,136,846 |
| Total assets | $618,530,740 |
| Accounts payable and accrued expenses | $10,734,760 |
| 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 | $132,029,821 |
| Total liabilities | $142,764,581 |
| Net assets without donor restrictions | $475,766,159 |
| 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 | $618,530,740 |
Grants Awarded
Over the last fiscal year, Communications Workers Of America Afl-Cio Clc has awarded $1,746,832 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
NAACP PURPOSE: GENERAL SUPPORT | $299,250 |
PROGRESSIVE CAUCUS ACTION FUND PURPOSE: GENERAL SUPPORT | $200,000 |
FEDERAL CONTRACT CALL CENTER WORKERS SOLIDARITY FUND PURPOSE: GENERAL SUPPORT | $150,000 |
AMERICANS FOR FINANCIAL REFORM PURPOSE: GENERAL SUPPORT | $120,000 |
AMERICAN FAMILY VOICES PURPOSE: GENERAL SUPPORT | $60,000 |
AFL-CIO PURPOSE: GENERAL SUPPORT | $75,000 |