Civic Intelligence

Servicing Contractors Association of Greater Delaware Valley Inc

990 • Fiscal year 2016 • EIN 23-7084267

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 28, 2017

721 Arbor Way Rm/Ste 40Blue Bell, PA 19422

(610) 940-4999

Siviq Scores

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

Liabilities / Assets

31st percentile

0.07x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.26x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

63rd percentile

6.3%

Higher net margin than 63% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

61st percentile

6.9%

Faster asset growth than 61% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

24th percentile

-4.5%

Faster revenue growth than 24% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,646,293

Up $106,248 (+6.9%) from 2015

Net Assets

Up

$1,529,614

Up $99,189 (+6.9%) from 2015

Liabilities

Up

$116,679

Up $7,059 (+6.4%) from 2015

Revenue

Down

$451,180

Down $21,262 (-4.5%) from 2015

Expenses

Down

$422,607

Down $23,230 (-5.2%) from 2015

Net Income

Up

$28,573

Up $1,968 (+7.4%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $1,545,470Liabilities 2013: $67,065Net Assets 2013: $1,478,4052013Assets 2014: $1,646,953Liabilities 2014: $115,076Net Assets 2014: $1,531,8772014Assets 2015: $1,540,045Liabilities 2015: $109,620Net Assets 2015: $1,430,4252015Assets 2016: $1,646,293Liabilities 2016: $116,679Net Assets 2016: $1,529,6142016

Highlighted filing

2016

Assets$1,646,293
Liabilities$116,679
Net Assets$1,529,614

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $376,316Expenses 2013: $390,647Net Income 2013: -$14,3312013Revenue 2014: $440,941Expenses 2014: $403,444Net Income 2014: $37,4972014Revenue 2015: $472,442Expenses 2015: $445,837Net Income 2015: $26,6052015Revenue 2016: $451,180Expenses 2016: $422,607Net Income 2016: $28,5732016

Highlighted filing

2016

Revenue$451,180
Expenses$422,607
Net Income$28,573
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 28, 2017
Return Version
2016v3.0
Gross Receipts
$1,146,792
Mission and Program Overview

Mission

Servicing contractors association of greater delaware valley, inc. Is a not for profit corporation that benefits the profitable growth of the servicing contracting industry. The assoc. Sponsors and assists various programs which promote the industry and benefit its members and their employees and is funded by annual membership dues plus contributions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,379,029$1,457,197▲ $78,168
Savings and Temporary Cash Investments$72,519$108,197▲ $35,678
Accounts Receivable$71,249$69,335▼ $1,914
Land, Buildings, and Equipment, Net$16,194$10,413▼ $5,781
Prepaid Expenses and Deferred Charges$1,054$1,151▲ $97
Total Assets$1,540,045$1,646,293▲ $106,248
Liabilities
Accounts Payable and Accrued Expenses$98,020$105,079▲ $7,059
Other Liabilities$6,000$6,000→ $0
Deferred Revenue$5,600$5,600→ $0
Total Liabilities$109,620$116,679▲ $7,059
Net Assets / Fund Balance
Unrestricted Net Assets$1,430,425$1,529,614▲ $99,189
Total Net Assets Fund Balance$1,430,425$1,529,614▲ $99,189
Total Liabilities and Net Assets / Fund Balance$1,540,045$1,646,293▲ $106,248

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,413$20,034$30,447
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert BaranowskiPresident
Ellis GuilesDirector
Gene ZakDirector
Harry JamesDirector
Joe CarangoDirector
Michael DoughertyDirector
Robert E RebstockDirector
Robert LimaDirector
Robert VeightDirector
Stephen J WilliamsDirector
Thomas H GrazianoDirector
Tony GreenerDirector
Timothy J BrinkExecutive V.
John TorokTreasurer
Add AndersonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$415,237
Investment Income
$35,943
Other Revenue
$0
Change in Net Assets
$28,573

Audited Revenue Reconciliation

Revenue per Audited Statements
$472,344
Revenue Not Reported on Financial Statements
$-21,164
Revenue Not Reported on Form 990
$49,455
Other Revenue Adjustments
$-21,164
Total Revenue per Audited Statements
$521,799
Total Revenue per Form 990
$451,180
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$422,607
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$182,000-$182,000
Conferences and Meetings$110,662--$110,662
Fees for Services Legal-$10,956-$10,956
All Other Expenses$2,420$5,845-$8,265
Other Expenses$7,850--$7,850
Fees for Services Accounting-$6,206-$6,206
Office Expenses-$6,067-$6,067
Depreciation Depletion$5,780--$5,780
Advertising-$4,004-$4,004
Insurance-$1,484-$1,484
Total Functional Expenses$206,045$216,562$0$422,607

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$422,607
Total Expenses per Audited Statements$422,607
Total Expenses per Form 990$422,607
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Dowdell Scholarship Fund$6,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Directors are electeed by the members and governing body in accordance with the associations by-laws

Form 990, Page 6, Part VI, Line 7B

Decisions requiring board and or member approval are determined in accordance with the organizations by-laws

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

Form 990 is reviewed by the executive committee prior to submission.

Form 990, Page 6, Part VI, Line 12C

In order to regularly and consistently monitor the conflict of interest policy, the policy is submitted each year to each board member who is then required to complete and sign and acknowledgement of receipt of the policy and respond in writing if such board member is aware of any actual or potential conflict of interest. Pursuant to the the written conflict of interest policy, each board member is required to disclose all actual and potential conflicts to the president and/or the executive vice president of the organization. Disinterested members of the organization are empowered to make a determination as to whether a conflict exists and what subsequent action is to be taken.

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

The organization has no employees. Administrative services are provided by the mechanical contractors association on a monthly fee arrangement.

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

The organization has no employees. Administrative services are provided by the mechanical contractors association on a monthly fee arrangement.

Form 990, Page 6, Part VI, Line 19

UPON SPECIFIC REQUEST

Filing and Contact Details

Filer

Filer Name
Servicing Contractors Association
EIN
23-7084267
Phone
6109404999
Address
721 ARBOR WAY RM/STE 40, BLUE BELL, PA 19422

Signing Officer

Name
Timothy J Brink
Title
Executive V.p.
Phone
6109404999
Signed
2017-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy J Brink
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Fegley & Associates
Address
2250 HICKORY ROAD SUITE 20, PLYMOUTH MEETING, PA 19462
Preparer
William Fegley
Phone
6108257400
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Servicing contractors association of greater delaware valley, inc. Is a not for profit corporation that benefits the profitable growth of the servicing contracting industry. The assoc. Sponsors and assists various programs which promote the industry and benefit its members and their employees and is funded by annual membership dues plus contributions.

Form 990, Page 2, Part III, Line 4A

Skilled service mechanics.

Form 990, Page 2, Part III, Line 4D

During the year, the association furthered its exempt purposes to engage in any lawful act or activity for which nonprofit corporations may be organized under the nonprofit corporation law of 1972, including without limiting the foregoing, to provide the necessary machinery to negotiate collective bargaining agreements specifically covering the conditions of employment, wages, training programs, upgrading of procedures and all other subjects which benefit the profitable growth of the service business of the members, and to administer industry funds, joint apprenticeship funds and further the availability of skilled service mechanics.

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Gross losses adjusted on investment sales -21,164

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0DURING THE YEAR, THE ASSOCIATION FURTHERED ITS EXEMPT PURPOSES TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH NONPROFIT CORPORATIONS MAY BE ORGANIZED UNDER THE NONPROFIT CORPORATION LAW OF 1972, INCLUDING WITHOUT LIMITING THE FOREGOING, TO PROVIDE THE NECESSARY MACHINERY TO NEGOTIATE COLLECTIVE BARGAINING AGREEMENTS SPECIFICALLY COVERING THE CONDITIONS OF EMPLOYMENT, WAGES, TRAINING PROGRAMS, UPGRADING OF PROCEDURES AND ALL OTHER SUBJECTS WHICH BENEFIT THE PROFITABLE GROWTH OF THE SERVICE BUSINESS OF THE MEMBERS, AND TO ADMINISTER INDUSTRY FUNDS, JOINT APPRENTICESHIP FUNDS AND FURTHER THE AVAILABILITY OF SKILLED SERVICE MECHANICS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GROSS LOSSES ADJUSTED ON INVESTMENT SALES -21,164
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SERVICING CONTRACTORS ASSOCIATION OF GREATER DELAWARE VALLEY, INC. IS A NOT FOR PROFIT CORPORATION THAT BENEFITS THE PROFITABLE GROWTH OF THE SERVICING CONTRACTING INDUSTRY. THE ASSOC. SPONSORS AND ASSISTS VARIOUS PROGRAMS WHICH PROMOTE THE INDUSTRY AND BENEFIT ITS MEMBERS AND THEIR EMPLOYEES AND IS FUNDED BY ANNUAL MEMBERSHIP DUES PLUS CONTRIBUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SKILLED SERVICE MECHANICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING THE YEAR, THE ASSOCIATION FURTHERED ITS EXEMPT PURPOSES TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH NONPROFIT CORPORATIONS MAY BE ORGANIZED UNDER THE NONPROFIT CORPORATION LAW OF 1972, INCLUDING WITHOUT LIMITING THE FOREGOING, TO PROVIDE THE NECESSARY MACHINERY TO NEGOTIATE COLLECTIVE BARGAINING AGREEMENTS SPECIFICALLY COVERING THE CONDITIONS OF EMPLOYMENT, WAGES, TRAINING PROGRAMS, UPGRADING OF PROCEDURES AND ALL OTHER SUBJECTS WHICH BENEFIT THE PROFITABLE GROWTH OF THE SERVICE BUSINESS OF THE MEMBERS, AND TO ADMINISTER INDUSTRY FUNDS, JOINT APPRENTICESHIP FUNDS AND FURTHER THE AVAILABILITY OF SKILLED SERVICE MECHANICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS ARE ELECTEED BY THE MEMBERS AND GOVERNING BODY IN ACCORDANCE WITH THE ASSOCIATIONS BY-LAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DECISIONS REQUIRING BOARD AND OR MEMBER APPROVAL ARE DETERMINED IN ACCORDANCE WITH THE ORGANIZATIONS BY-LAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IN ORDER TO REGULARLY AND CONSISTENTLY MONITOR THE CONFLICT OF INTEREST POLICY, THE POLICY IS SUBMITTED EACH YEAR TO EACH BOARD MEMBER WHO IS THEN REQUIRED TO COMPLETE AND SIGN AND ACKNOWLEDGEMENT OF RECEIPT OF THE POLICY AND RESPOND IN WRITING IF SUCH BOARD MEMBER IS AWARE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. PURSUANT TO THE THE WRITTEN CONFLICT OF INTEREST POLICY, EACH BOARD MEMBER IS REQUIRED TO DISCLOSE ALL ACTUAL AND POTENTIAL CONFLICTS TO THE PRESIDENT AND/OR THE EXECUTIVE VICE PRESIDENT OF THE ORGANIZATION. DISINTERESTED MEMBERS OF THE ORGANIZATION ARE EMPOWERED TO MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS TO BE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NO EMPLOYEES. ADMINISTRATIVE SERVICES ARE PROVIDED BY THE MECHANICAL CONTRACTORS ASSOCIATION ON A MONTHLY FEE ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION HAS NO EMPLOYEES. ADMINISTRATIVE SERVICES ARE PROVIDED BY THE MECHANICAL CONTRACTORS ASSOCIATION ON A MONTHLY FEE ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9UPON SPECIFIC REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY J BRINK
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