Civic Intelligence

Carpenter Contractor Trust

990 • Fiscal year 2022 • EIN 22-3745063

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 11, 2023

1803 Spring Garden StreetPhiladelphia, PA 19130

(215) 391-1160

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2022 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

2022 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2022

Net Margin

97th percentile

47%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

42nd percentile

$178,365

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2022 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2022

Asset Growth

50th percentile

1.7%

Faster asset growth than 50% of similar nonprofits.

2022 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

45th percentile

1.9%

Faster revenue growth than 45% of similar nonprofits.

2022 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$8,614,592

Up $142,412 (+1.7%) from 2021

Net Assets

Up

$8,614,076

Up $144,178 (+1.7%) from 2021

Liabilities

Down

$516

Down $1,766 (-77%) from 2021

Revenue

Up

$3,085,690

Up $56,815 (+1.9%) from 2021

Expenses

Up

$1,628,721

Up $205,908 (+14%) from 2021

Net Income

Down

$1,456,969

Down $149,093 (-9.3%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $968,258Liabilities 2011: $7,589Net Assets 2011: $960,6692011Assets 2012: $1,217,868Liabilities 2012: $2,151Net Assets 2012: $1,215,7172012Assets 2013: $1,909,592Liabilities 2013: $0Net Assets 2013: $1,909,5922013Assets 2014: $5,716,303Liabilities 2014: $13Net Assets 2014: $5,716,2902014Assets 2015: $6,105,323Liabilities 2015: $6,381Net Assets 2015: $6,098,9422015Assets 2016: $6,813,944Liabilities 2016: $89Net Assets 2016: $6,813,8552016Assets 2017: $7,864,897Liabilities 2017: $5,985Net Assets 2017: $7,858,9122017Assets 2018: $4,185,025Liabilities 2018: $26,687Net Assets 2018: $4,158,3382018Assets 2019: $5,402,410Liabilities 2019: $21,072Net Assets 2019: $5,381,3382019Assets 2020: $6,870,952Liabilities 2020: $7,116Net Assets 2020: $6,863,8362020Assets 2021: $8,472,180Liabilities 2021: $2,282Net Assets 2021: $8,469,8982021Assets 2022: $8,614,592Liabilities 2022: $516Net Assets 2022: $8,614,0762022Assets 2023: $10,533,542Liabilities 2023: $7,369Net Assets 2023: $10,526,1732023Assets 2024: $11,910,794Liabilities 2024: $34,217Net Assets 2024: $11,876,5772024

Highlighted filing

2022

Assets$8,614,592
Liabilities$516
Net Assets$8,614,076

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $988,389Expenses 2011: $848,697Net Income 2011: $139,6922011Revenue 2012: $1,072,370Expenses 2012: $817,322Net Income 2012: $255,0482012Revenue 2013: $1,456,901Expenses 2013: $763,026Net Income 2013: $693,8752013Revenue 2014: $1,455,027Expenses 2014: $1,212,945Net Income 2014: $242,0822014Revenue 2015: $1,830,778Expenses 2015: $1,448,126Net Income 2015: $382,6522015Revenue 2016: $2,449,735Expenses 2016: $1,734,822Net Income 2016: $714,9132016Revenue 2017: $2,880,730Expenses 2017: $1,835,673Net Income 2017: $1,045,0572017Revenue 2018: $2,704,519Expenses 2018: $2,405,093Net Income 2018: $299,4262018Revenue 2019: $3,579,339Expenses 2019: $2,356,339Net Income 2019: $1,223,0002019Revenue 2020: $3,123,523Expenses 2020: $1,641,025Net Income 2020: $1,482,4982020Revenue 2021: $3,028,875Expenses 2021: $1,422,813Net Income 2021: $1,606,0622021Revenue 2022: $3,085,690Expenses 2022: $1,628,721Net Income 2022: $1,456,9692022Revenue 2023: $3,811,543Expenses 2023: $2,469,052Net Income 2023: $1,342,4912023Revenue 2024: $3,512,790Expenses 2024: $2,825,532Net Income 2024: $687,2582024

Highlighted filing

2022

Revenue$3,085,690
Expenses$1,628,721
Net Income$1,456,969
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 11, 2023
Return Version
2022v4.1
Gross Receipts
$3,196,731
Mission and Program Overview

Mission

To coordinate contractors and union relationship as it pertains to contracts, training and promotion of union activity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$8,469,898$8,614,076▲ $144,178
Investments in Publicly Traded Securities$6,028,268$7,888,752▲ $1,860,484
Cash and Non-Interest-Bearing Accounts$57,409$372,847▲ $315,438
Savings and Temporary Cash Investments$2,329,670$272,779▼ $2,056,891
Land, Buildings, and Equipment, Net$54,213$77,594▲ $23,381
Total Assets$8,472,180$8,614,592▲ $142,412
Other Assets Total$2,620$2,620→ $0
Liabilities
Other Liabilities$2,282$516▼ $1,766
Total Liabilities$2,282$516▼ $1,766
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,469,898$8,614,076▲ $144,178
Total Liabilities and Net Assets / Fund Balance$8,472,180$8,614,592▲ $142,412

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$77,594$326,192$403,786
Equipment-$15,188$15,188
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cynthia WilliamsDirectorFT$178,365$178,365

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,789,984
Investment Income
$286,264
Other Revenue
$9,442
Change in Net Assets
$1,456,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,038,259
Salaries, Compensation, and Employee Benefits$586,462
Grants and Similar Amounts Paid$4,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$573,298
Other Salaries and Wages---$207,769
Current Officers, Directors, Trustees, and Key Employees---$178,365
Pension Plan Contributions---$94,992
Office Expenses---$89,810
Other Employee Benefits---$75,366
Fees for Service Investment Mgmnt Fees---$60,056
Fees for Services Management---$57,662
Depreciation Depletion---$53,601
Travel---$44,792
Conferences and Meetings---$42,285
Occupancy---$36,984
Payroll Taxes---$29,970
Fees for Services Accounting---$28,028
Insurance---$21,171
Fees for Services Legal---$15,125
Fees for Services Other---$6,769
Grants to Domestic Orgs---$4,000
Other Expenses---$1,759
Total Functional Expenses$0$0$0$1,628,721
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$516
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

ORGANIZED WITH MEMBERS.

Form 990, Page 6, Part VI, Line 11B

Reviewed by board and director.

Form 990, Page 6, Part VI, Line 15A

REVIEWED BY BOARD.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Carpenter Contractor Trust
EIN
22-3745063
Phone
2153911160
Address
1803 SPRING GARDEN STREET, PHILADELPHIA, PA 19130

Signing Officer

Name
Cynthia Williams
Title
Director
Phone
7322251300
Signed
2023-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Williams
Formed
2000
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
6

Preparer

Firm
Terrence R Mooney CPA
Address
247 NEW JERSEY AVE, ABSECON, NJ 08201
Preparer
Terrence R Mooney
Phone
6094070056
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IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02620
IRS990/OtherAssetsTotalGrp/EOYAmt02620
IRS990/OtherEmployeeBenefitsGrp/TotalAmt075366
IRS990/OtherExpensesGrp/Desc0GIFTS & FLOWERS
IRS990/OtherExpensesGrp/Desc1COMMUNITY AFFAIRS
IRS990/OtherExpensesGrp/TotalAmt06919
IRS990/OtherExpensesGrp/TotalAmt11759
IRS990/OtherLiabilitiesGrp/BOYAmt02282
IRS990/OtherLiabilitiesGrp/EOYAmt0516
IRS990/OtherRevenueMiscGrp/Desc0MISC/EXP REIMB INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09442
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09442
IRS990/OtherRevenueTotalAmt09442
IRS990/OtherSalariesAndWagesGrp/TotalAmt0207769
IRS990/OtherWebsiteInd0X
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IRS990/PayrollTaxesGrp/TotalAmt029970
IRS990/PensionPlanContributionsGrp/TotalAmt094992
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CYNTHIA WILLIAMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DUES INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02789984
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IRS990/PYInvestmentIncomeAmt0627356
IRS990/PYOtherExpensesAmt01113784
IRS990/PYOtherRevenueAmt03430
IRS990/PYProgramServiceRevenueAmt02398089
IRS990/PYRevenuesLessExpensesAmt01606062
IRS990/PYSalariesCompEmpBnftPaidAmt0308029
IRS990/PYTotalExpensesAmt01422813
IRS990/PYTotalRevenueAmt03028875
IRS990/ReconcilationRevenueExpnssAmt01456969
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08469898
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08614076
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02329670
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0272779
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt015188
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015188
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077594
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0326192
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0403786
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0516
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt077594
IRS990ScheduleD/TotalLiabilityAmt0516
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IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CYNTHIA WILLIAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0178365
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZED WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY BOARD AND DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0250849687
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LABOR ORG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01803 SPRING GARDEN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019130
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt036984
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt165479
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt22935
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt35000
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0EASTERN ATLANTIC STATES RCC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1EASTERN ATLANTIC STATES RCC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2EASTERN ATLANTIC STATES RCC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3EASTERN ATLANTIC STATES RCC
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IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
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IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08472180
IRS990/TotalAssetsEOYAmt08614592
IRS990/TotalAssetsGrp/BOYAmt08472180
IRS990/TotalAssetsGrp/EOYAmt08614592
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01628721
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02282
IRS990/TotalLiabilitiesEOYAmt0516

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$0.03$11.9$3.51$2.83$0.69
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$0.01$10.5$3.81$2.47$1.34
2022Detailed filing. Detailed filing data is available for this year.$8.61$0.00$8.61$3.09$1.63$1.46
2021Detailed filing. Detailed filing data is available for this year.$8.47$0.00$8.47$3.03$1.42$1.61
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.87$0.01$6.86$3.12$1.64$1.48
2019Summary only. Only limited summary data is available for this year.$5.40$0.02$5.38$3.58$2.36$1.22
2018Summary only. Only limited summary data is available for this year.$4.19$0.03$4.16$2.70$2.41$0.30
2017Summary only. Only limited summary data is available for this year.$7.86$0.01$7.86$2.88$1.84$1.05
2016Summary only. Only limited summary data is available for this year.$6.81$0.00$6.81$2.45$1.73$0.71
2015Summary only. Only limited summary data is available for this year.$6.11$0.01$6.10$1.83$1.45$0.38
2014Summary only. Only limited summary data is available for this year.$5.72$0.00$5.72$1.46$1.21$0.24
2013Summary only. Only limited summary data is available for this year.$1.91$0.00$1.91$1.46$0.76$0.69
2012Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$1.07$0.82$0.26
2011Summary only. Only limited summary data is available for this year.$0.97$0.01$0.96$0.99$0.85$0.14