Federal Contract Guards Of America is located in new york, NY. The organization was established in 2012. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Federal Contract Guards Of America employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Federal Contract Guards 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 12/2023, Federal Contract Guards Of America generated $451.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $378.5k during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION COLLECTIVELY BARGAINS ON BEHALF OF APPROXIMATELY 900 MEMBERS FOR WAGES, BENEFITS, JOB SECURITY & FULL EMPLOYMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR UNION COLLECTIVELY BARGAINS ON BEHALF OF APPROXIMATELY 900 MEMBERS FOR WAGES, BENEFITS, JOB SECURITY & FULL EMPLOYMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Jones President | Officer | 25 | $58,252 |
Kim Nguyen Vice President | Officer | 20 | $25,276 |
Arturo Garay Trustee | Trustee | 1 | $6,319 |
Ricardo Martinez Trustee | Trustee | 1 | $3,651 |
Daisy Perez Secretary Treas | Officer | 1 | $2,200 |
C Javier Rodriguez Trustee | Trustee | 1 | $1,200 |
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 | $441,031 |
Investment income | $10,283 |
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 | $451,314 |
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 | $14,443 |
Compensation of current officers, directors, key employees. | $96,898 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $31,065 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,063 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,050 |
Fees for services: Accounting | $6,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,860 |
Advertising and promotion | $0 |
Office expenses | $2,840 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,400 |
Travel | $51,805 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,482 |
Interest | $0 |
Payments to affiliates | $117,294 |
Depreciation, depletion, and amortization | $792 |
Insurance | $2,739 |
All other expenses | $0 |
Total functional expenses | $378,543 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $136,002 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,613 |
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 | $396 |
Investments—publicly traded securities | $559,206 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $707,217 |
Accounts payable and accrued expenses | $31,844 |
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 | $0 |
Total liabilities | $31,844 |
Net assets without donor restrictions | $675,373 |
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 | $707,217 |