Communication Workers Of America
- Assets
- $5.0m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 30
- Location
- Dallas, TX
- Founding
- 11/1950
- Data as of
- 09/2023
- EIN
- 75-0789001
Organization Overview
Communication Workers Of America is located in Dallas, TX. 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 09/2023, Communication Workers Of America employed 30 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Communication Workers Of America is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, Communication Workers Of America generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.4m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL LABOR UNION REPRESENTING MEMBERS OF THE COMMUNICATIONS WORKERS OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL LABOR UNION REPRESENTING MEMBERS OF THE COMMUNICATIONS WORKERS OF AMERICA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lamar D Banks Treasurer | Officer | 35 | $92,797 |
Reginald P Small Secretary | Officer | 35 | $91,390 |
David D Marshall Vice President | Officer | 35 | $89,543 |
Nancy L Brown President | Officer | 35 | $77,517 |
Earnest L Tilley Executive VP | Officer | 35 | $75,012 |
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 | $18,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,500 |
| Total Program Service Revenue | $893,937 |
| Investment income | $87,072 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$68,361 |
| Net Gain/Loss on Asset Sales | $2,215 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$5,669 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,266,736 |
| 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. | $426,259 |
| Compensation of current officers, directors, key employees. | $73,633 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $481,842 |
| Pension plan accruals and contributions | $14,671 |
| Other employee benefits | $0 |
| Payroll taxes | $63,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,200 |
| Fees for services: Accounting | $14,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,861 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $51,793 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $114,699 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $23,839 |
| Depreciation, depletion, and amortization | $64,166 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,424,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,975 |
| Savings and temporary cash investments | $738,949 |
| 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 | $2,490 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,079,312 |
| Investments—publicly traded securities | $3,172,850 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $735 |
| Total assets | $5,010,311 |
| Accounts payable and accrued expenses | $86,447 |
| 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 | $37,427 |
| Total liabilities | $123,874 |
| Net assets without donor restrictions | $4,886,437 |
| 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 | $5,010,311 |