Civic Intelligence

Carpenter Contractor Trust

990 • Fiscal year 2023 • EIN 22-3745063

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 04, 2024

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

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2023 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

2023 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2023

Net Margin

90th percentile

35%

Higher net margin than 90% of similar nonprofits.

2023 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

31st percentile

$195,865

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2023 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2023

Asset Growth

89th percentile

22%

Faster asset growth than 89% of similar nonprofits.

2023 filings • 501(c)5 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

24%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)5 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$10,533,542

Up $1,918,950 (+22%) from 2022

Net Assets

Up

$10,526,173

Up $1,912,097 (+22%) from 2022

Liabilities

Up

$7,369

Up $6,853 (+1328%) from 2022

Revenue

Up

$3,811,543

Up $725,853 (+24%) from 2022

Expenses

Up

$2,469,052

Up $840,331 (+52%) from 2022

Net Income

Down

$1,342,491

Down $114,478 (-7.9%) from 2022

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

2023

Assets$10,533,542
Liabilities$7,369
Net Assets$10,526,173

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

2023

Revenue$3,811,543
Expenses$2,469,052
Net Income$1,342,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 4, 2024
Return Version
2023v4.0
Gross Receipts
$4,914,435
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$8,614,076$10,526,173▲ $1,912,097
Investments in Publicly Traded Securities$7,888,752$9,607,543▲ $1,718,791
Cash and Non-Interest-Bearing Accounts$372,847$613,811▲ $240,964
Savings and Temporary Cash Investments$272,779$253,658▼ $19,121
Land, Buildings, and Equipment, Net$77,594$55,910▼ $21,684
Total Assets$8,614,592$10,533,542▲ $1,918,950
Other Assets Total$2,620$2,620→ $0
Liabilities
Other Liabilities$516$7,369▲ $6,853
Total Liabilities$516$7,369▲ $6,853
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,614,076$10,526,173▲ $1,912,097
Total Liabilities and Net Assets / Fund Balance$8,614,592$10,533,542▲ $1,918,950

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$55,910$393,394$449,304
Equipment-$15,188$15,188
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cynthia WilliamsDirectorFT$195,865$195,865
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,447,713
Investment Income
$363,830
Other Revenue
$0
Change in Net Assets
$1,342,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,649,917
Salaries, Compensation, and Employee Benefits$816,935
Grants and Similar Amounts Paid$2,200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$790,433
Other Salaries and Wages---$345,420
Current Officers, Directors, Trustees, and Key Employees---$195,865
Pension Plan Contributions---$149,898
Depreciation Depletion---$104,999
Other Employee Benefits---$82,596
Travel---$79,694
Office Expenses---$67,834
Fees for Service Investment Mgmnt Fees---$66,163
Payroll Taxes---$43,156
Conferences and Meetings---$41,074
Occupancy---$39,585
Insurance---$23,356
Fees for Services Accounting---$19,816
Fees for Services Legal---$15,498
Fees for Services Other---$11,627
Grants to Domestic Orgs---$2,200
Other Expenses---$1,329
Interest---$307
Total Functional Expenses$0$0$0$2,469,052
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
Credit Cards Payable$7,369
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
2024-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Williams
Formed
2000
Legal Domicile
Pa
Voting Board Members
22
Independent Board Members
22
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/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt023356
IRS990/InterestGrp/TotalAmt0307
IRS990/InvestmentIncomeGrp/ExclusionAmt0216573
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0216573
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt07888752
IRS990/InvestmentsPubTradedSecGrp/EOYAmt09607543
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0408582
IRS990/LandBldgEquipBasisNetGrp/BOYAmt077594
IRS990/LandBldgEquipBasisNetGrp/EOYAmt055910
IRS990/LandBldgEquipCostOrOtherBssAmt0464492
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt016034
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01086858
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO COORDINATE CONTRACTORS AND UNION RELATIONSHIP AS IT PERTAINS TO CONTRACTS, TRAINING AND PROMOTION OF UNION ACTIVITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08614076
IRS990/NetAssetsOrFundBalancesEOYAmt010526173
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0147257
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0147257
IRS990/NetUnrlzdGainsLossesInvstAmt0569606
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt039585
IRS990/OfficeExpensesGrp/TotalAmt067834
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02620
IRS990/OtherAssetsTotalGrp/EOYAmt02620
IRS990/OtherEmployeeBenefitsGrp/TotalAmt082596
IRS990/OtherExpensesGrp/Desc0SKILLS COMPETITION
IRS990/OtherExpensesGrp/Desc1RESEARCH DEPARTMENT
IRS990/OtherExpensesGrp/Desc2COMMUNITY AFFAIRS
IRS990/OtherExpensesGrp/Desc3GIFTS & FLOWERS
IRS990/OtherExpensesGrp/TotalAmt0377378
IRS990/OtherExpensesGrp/TotalAmt19000
IRS990/OtherExpensesGrp/TotalAmt21824
IRS990/OtherExpensesGrp/TotalAmt31329
IRS990/OtherLiabilitiesGrp/BOYAmt0516
IRS990/OtherLiabilitiesGrp/EOYAmt07369
IRS990/OtherSalariesAndWagesGrp/TotalAmt0345420
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt043156
IRS990/PensionPlanContributionsGrp/TotalAmt0149898
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CYNTHIA WILLIAMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DUES INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SKILLS COMPETITION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03086113
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1361600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03086113
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1361600
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04000
IRS990/PYInvestmentIncomeAmt0286264
IRS990/PYOtherExpensesAmt01038259
IRS990/PYOtherRevenueAmt09442
IRS990/PYProgramServiceRevenueAmt02789984
IRS990/PYRevenuesLessExpensesAmt01456969
IRS990/PYSalariesCompEmpBnftPaidAmt0586462
IRS990/PYTotalExpensesAmt01628721
IRS990/PYTotalRevenueAmt03085690
IRS990/ReconcilationRevenueExpnssAmt01342491
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08614076
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt010526173
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0272779
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0253658
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015188
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015188
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt055910
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0393394
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0449304
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07369
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt055910
IRS990ScheduleD/TotalLiabilityAmt07369
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0195865
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CYNTHIA WILLIAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0195865
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
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EASTERN ATLANTIC STATES REG COUNCIL
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
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt040980
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt134515
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2285846
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0EASTERN ATLANTIC STATES RCC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1EASTERN ATLANTIC STATES RCC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2EASTERN ATLANTIC STATES RCC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1Q

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
2023Detailed filing. Detailed filing data is available for this year.$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