Carpenters-Contractors Workers Compensation Southern Calif Tr is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carpenters-Contractors Workers Compensation Southern Calif Tr is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Carpenters-Contractors Workers Compensation Southern Calif Tr generated $247.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $330.8k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE LABOR MANAGEMENT RELATIONS AND WORKERS COMPENSATION BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSES OF THE PROGRAM ARE TO: (1) REDUCE THE NUMBER AND SEVERITY OF DISPUTES, (2) PROVIDE THOSE CLAIMING WORKERS COMPENSATION INJURIES WITH IMPROVED ACCESS TO HIGH-QUALITY MEDICAL TREAMENT AND PROMPT COMPENSATION, (3) PROVIDE A BETTER METHOD TO RESOLVE DISPUTES, (4) PROVIDE WORKER'S COMPENSATION COVERAGE IN A WAY THAT IMPROVES LABOR-MANAGEMENT RELATIONSHIPS, JOB SECURITY AND ORGANIZATIONAL EFFECTIVENESS, AND (5) PROVIDE THE FOREGOING ON A STABLE AND LONG TERM BASIS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Hovenier Trustee | Trustee | 1 | $0 |
Frank Zambrano Trustee | Trustee | 1 | $0 |
Mike Long Trustee | Trustee | 1 | $0 |
Greg Wilson Trustee | Trustee | 1 | $0 |
Sean Hartranft Trustee | Trustee | 1 | $0 |
Jacob Lopez Trustee | Trustee | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Law Offices Of Cantrell Green Ombudsman Service | 12/30/22 | $134,385 |
Trust Fund Administrative Services Inc Administrative Service | 12/30/22 | $117,648 |
| 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 | $246,538 |
| Investment income | $1,278 |
| 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 | $247,816 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $127,568 |
| Fees for services: Legal | $4,534 |
| Fees for services: Accounting | $4,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $165,381 |
| Advertising and promotion | $0 |
| Office expenses | $1,236 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $27,206 |
| All other expenses | $743 |
| Total functional expenses | $330,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $657,108 |
| Savings and temporary cash investments | $88,478 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,625 |
| 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 | $3,418 |
| 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 | $776,629 |
| Accounts payable and accrued expenses | $21,514 |
| 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 | $21,514 |
| Net assets without donor restrictions | $755,115 |
| 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 | $776,629 |