Retail Contractors Association is located in Alexandria, VA. The organization was established in 1991. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retail Contractors Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 04/2024, Retail Contractors Association generated $606.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $476.5k during the year ending 04/2024. While expenses have increased by 10.2% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION HOSTS AN ANNUAL MEETING WHERE INDUSTRY PROFESSIONALS CAN LEARN ABOUT NEW DEVELOPMENTS IN THE INDUSTRY AND TO NETWORK WITH THEIR PEERS
OTHER PROGRAM SERVICES: (1) THE ASSOCIATION'S SAFETY PROGRAM WHICH INCLUDES OSHA RULES AND REGULATIONS TO HELP MEMBER COMPANIES RUN SAFE JON SITES. THE PROGRAM INCLUDES A COMPREHENSIVE SAFETY MANUAL ALONG WITH POSTERS THAT HELP KEEP EMPLOYEES THINKING ABOUT SAFETY. (2) THE ASSOCIATION KEEPS MEMBERS AND POTENTIAL MEMBERS INFORMED OF CURRENT EVENTS THROUGH ITS WEBSITE AND NEWSLETTERS. RCA PUBLISHES THREE NEWSLETTERS PER YEAR WHICH ARE DISTRIBUTED AS INSERTS IN COMMERCIAL CONSTRUCTION & RENOVATION MAGAZINE AS WELL AS DISTRIBUTED TO RCA MEMBERS, ADVISORY BOARD AND SPONSORS.
THE ASSOCIATION CONDUCTS SUPERINTENDENT TRAINING THAT IS A SPECIAL TRAINING FOCUS OF LEARNING RESPONSIBILITIES FOR SCHEDULE, PRODUCTIVITY, SAFETY AND QUALITY ON THE PROJECT SITE IN ADDITION TO LEARNING THE UNIQUE CHALLENGES AND CONSTRAINTS OF THE RETAIL ENVIRONMENT.
THE ASSOCIATION AWARDS SCHOLARSHIPS TO STUDENTS IN CONSTRUCTION MANAGEMENT AND CONSTRUCTION SCIENCES MAJOR PROGRAMS AT UNIVERSITIES THROUGHOUT THE UNITED STATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Handley President | OfficerTrustee | 2 | $0 |
Justin Elder Vice President | OfficerTrustee | 2 | $0 |
Timothy Aubel Secretary/treasurer | OfficerTrustee | 2 | $0 |
Ray Catlin Immediate Past President | OfficerTrustee | 1 | $0 |
Stephen Bachman Board Member | Trustee | 1 | $0 |
Eric Berg Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $192,500 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $209,228 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $401,728 |
Total Program Service Revenue | $160,320 |
Investment income | $44,356 |
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 | $606,404 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $21,500 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $85,950 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,709 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $46,877 |
Advertising and promotion | $202 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $38,126 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $194,862 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,855 |
All other expenses | $31,754 |
Total functional expenses | $476,495 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $38,757 |
Savings and temporary cash investments | $1,214,118 |
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 | $43,387 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,296,262 |
Accounts payable and accrued expenses | $73,985 |
Grants payable | $0 |
Deferred revenue | $45,000 |
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 | $0 |
Total liabilities | $118,985 |
Net assets without donor restrictions | $1,177,277 |
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 | $1,296,262 |