Sub-Contractors Trade Association

Not tax-deductible

New York, NY501(c)(6)EIN 13-2597670

To provide subcontractors and suppliers in the metropolitan area with a summary of current activities, general info and education on new developments.

57¢ of each $1 spent went to programs.
$390K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $83K a year · 10% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$390K
to officers and key staff · 48% of spending
Concern: pay to officers and key staff is 48% of spending; over 30%.
Pt VII · Sec A
Cash reserves
18 mo
of spending, in cash
Looks good: 18.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $17K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$408K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 22 voting members
Looks good: 22 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+20% vs prior year
Spent
$819K
To programs
57%
Net assets
$910K
By yearFY2020–FY2025
Revenue
$1.2M
FY2025▲ +20%
Revenue by fiscal year
FY2020$397K
FY2021$727K
FY2022$797K
FY2023$893K
FY2024$962K
FY2025$1.2M
Expenses
$819K
FY2025▲ +8%
Expenses by fiscal year
FY2020$703K
FY2021$631K
FY2022$700K
FY2023$818K
FY2024$758K
FY2025$819K
Net assets
$910K
FY2025▲ +58%
Net assets by fiscal year
FY2020$110K
FY2021$206K
FY2022$303K
FY2023$377K
FY2024$575K
FY2025$910K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $466K Management & general 43% · $353K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

16 people listed on the 990; $390K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Dir.
$260,121Pt VII · Sec A
$130,167Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Felice Farber$260,121$207,692————
Henry Kita——$120,637$175,700$175,700$185,079
Samantha Sweeney-Annarumma$130,167$132,500————
Felice Farber——$100,000———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Informs local subcontractors and suppliers about industry news and developments.

Provided by the organization

This section is blank until Sub-Contractors Trade Association claims this page.

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3 program services account for $466K of program spending, described in the organization's own filed words · FY2024.
01

Member services have provided many opportunities for the entrepreneur to network his specialties with other trades and form mutually beneficial relationships

$326Kprogram expense
02

Summarize recent activities of the organization and create membersub-contractors' trade association, inc. 13-2597670 DEVELOPMENTS.NEWSLETTER - the newsletter is prepared and distributed to members toraise awareness of arising issues.

$85Kprogram expense
03

Lobbyist brings local problems before a larger constituency which alertsother organizations and teaches successful remedial procedures.

$55Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Other incomeLn 4–11$670K
Fees for servicesLn 2g$392K
Gifts and grantsLn 1h$54K
Money outPt IX
$819K
Ln 25
Programscol B$466K
Managementcol C$353K
Owns and owesPt X
$910K
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.3M
LiabilitiesLn 26$408K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a22
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$54K
Fees for servicesLn 2g$392K
Investment incomeLn 3$40K
Other incomeLn 4–11$670K
Gains on assetsLn 7$0
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$1.2M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.3M
LiabilitiesLn 26$408K
Net assetsLn 32$910K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$922K$1.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$961K$1.3M
LiabilitiesLn 26$386K$408K
Net assetsLn 32$575K$910K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$390K$195K$195K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$21K$10K$10K
Payroll taxesLn 10$28K$14K$14K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$34K$34K
Advertising and promotionLn 12$0
Office expensesLn 13$9K$9K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$675$169$506
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$39K$24K$16K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$231K$219K$12K
All other expensesLn 24e$59K$3K$56K
Total functional expensesLn 25$819K$466K$353K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.2M$819K$336K$910K 990 PDF
FY2024 $962K$758K$204K$575K 990 PDF
FY2023 $893K$818K$75K$377K 990 PDF
FY2022 $797K$700K$97K$303K 990 PDF
FY2021 $727K$631K$96K$206K 990 PDF
FY2020 $397K$703K−$306K$110K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $1,155,331 across 9 lines filed
VIII-1f All other contributions, gifts and grants$53,683
VIII-1h Total contributions, gifts and grants$53,683
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $333,138 · Unrelated business $58,500$391,638
VIII-3 Investment incomeExcluded from tax $40,384$40,384
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$669,626
VIII-12 Total revenueRelated to mission $333,138 · Unrelated business $58,500 · Excluded from tax $40,384$1,155,331
Part IX · Statement of functional expenses $819,411 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $195,144 · Management $195,144$390,288
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $10,494 · Management $10,494$20,988
IX-10 Payroll taxesPrograms $14,034 · Management $14,034$28,068
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $34,030$34,030
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $8,698$8,698
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $169 · Management $506$675
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $23,648 · Management $15,766$39,414
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $6,661$6,661
IX-24 Other expenses (24a–d)Programs $219,184 · Management $12,257$231,441
IX-24e All other expensesPrograms $3,297 · Management $55,851$59,148
IX-25 Total functional expensesPrograms $465,970 · Management $353,441 · Fundraising $0$819,411
Part X · Balance sheet $1,318,703 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $921,855$1,226,571
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $16,249$43,454
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $22,438$48,678
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $960,542$1,318,703
X-17 Accounts payable and accrued expensesStart of year $35,855$33,218
X-19 Deferred revenueStart of year $195,325$227,625
X-24 Unsecured notes and loans payableStart of year $150,000$147,408
X-26 Total liabilitiesStart of year $386,010$408,251
X-27 Net assets without donor restrictionsStart of year $574,532$910,452
X-32 Total net assets or fund balancesStart of year $574,532$910,452
X-33 Total liabilities and net assetsStart of year $960,542$1,318,703
Part XI · Reconciliation of net assets $910,452 net assets at year end
XI-1 Total revenue$1,155,331
XI-2 Total expenses$819,411
XI-3 Revenue less expenses$335,920
XI-4 Net assets at start of year$574,532
XI-10 Net assets at end of year$910,452

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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