Maintenance Industry Labor- Management Cooperation Trust Fund is located in Covina, CA. The organization was established in 2001. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Maintenance Industry Labor- Management Cooperation Trust Fund employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maintenance Industry Labor- Management Cooperation Trust Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Maintenance Industry Labor- Management Cooperation Trust Fund generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 12.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EXPAND AND IMPROVE WORKING RELATIONSHIPS BETWEEN WORKERS AND MANAGERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED JANITORS WITH VARIOUS LABOR DISPUTES AND QUESTIONS, AND PROVIDED EDUCATIONAL TRAINING COURSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard E Dotts Chairman | OfficerTrustee | 1 | $0 |
Mark Sharwood Co-Chairman | OfficerTrustee | 1 | $0 |
Jim Altieri Trustee | Trustee | 1 | $0 |
David Huerta Trustee | Trustee | 1 | $0 |
Jono Shaffer Trustee | Trustee | 1 | $0 |
Sanjay Garla Trustee | Trustee | 1 | $0 |
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 | $957,013 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $957,013 |
Total Program Service Revenue | $2,452,781 |
Investment income | $84,982 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $35,993 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,794,996 |
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 | $1,068,930 |
Pension plan accruals and contributions | $49,789 |
Other employee benefits | $282,182 |
Payroll taxes | $102,233 |
Fees for services: Management | $40,361 |
Fees for services: Legal | $12,000 |
Fees for services: Accounting | $4,195 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $11,021 |
Fees for services: Other | $121,010 |
Advertising and promotion | $0 |
Office expenses | $65,848 |
Information technology | $15,480 |
Royalties | $0 |
Occupancy | $4,720 |
Travel | $16,639 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,651 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $583 |
Insurance | $41,318 |
All other expenses | $10,425 |
Total functional expenses | $2,407,157 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,991,280 |
Savings and temporary cash investments | $12,403 |
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 | $15,755 |
Investments—publicly traded securities | $2,673,861 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,693,299 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $5,693,299 |
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 | $5,693,299 |
Over the last fiscal year, we have identified 1 grants that Maintenance Industry Labor- Management Cooperation Trust Fund has recieved totaling $190,000.
Awarding Organization | Amount |
---|---|
National Employment Law Project New York, NY PURPOSE: TO SUPPORT PROGRAM-RELATED WORK | $190,000 |