Los Angeles Society For Coatings Technology is located in Orange, CA. The organization was established in 1956. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Los Angeles Society For Coatings Technology 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 08/2023, Los Angeles Society For Coatings Technology generated $41.9k 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 (18.2%) each year. All expenses for the organization totaled $82.5k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE MEMBERSHIP AND ACTIVITIES FOR MEMBERSHIP NETWORKING.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Trushita Patel President | 1 | $0 | |
| Gilbert Zubiate Vice President | 1 | $0 | |
| Sudha Katariya 1st Past Pres | 1 | $0 | |
| Daryl Cartas Treasurer | 1 | $0 | |
| Gregory Dancy 2nd Past Pres | 1 | $0 | |
| Thomas Renner Secretary | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $24,793 | 
| Membership dues | $17,048 | 
| Investment income | $22 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $41,863 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $1,400 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $1,351 | 
| Other expenses | $79,774 | 
| Total expenses | $82,525 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $239,270 | 
| Other assets | $0 | 
| Total assets | $239,270 | 
| Total liabilities | $14,730 | 
| Net assets or fund balances | $224,540 |