Contractors Contribution Fund of

Not tax-deductible

Savannah, GA501(c)(5)Since 1969EIN 58-1397666

To provide training certification to the apprentices in school

$137K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $50K a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$137K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$491K
-27% vs prior year
Spent
$569K
Net assets
$493K
By yearFY2020–FY2024
Revenue
$491K
FY2024▼ -27%
Revenue by fiscal year
FY2020$331K
FY2021$273K
FY2022$354K
FY2023$490K
FY2024$673K
FY2024$491K
Expenses
$569K
FY2024▼ -5%
Expenses by fiscal year
FY2020$307K
FY2021$319K
FY2022$296K
FY2023$353K
FY2024$599K
FY2024$569K
Net assets
$493K
FY2024▼ -14%
Net assets by fiscal year
FY2020$398K
FY2021$352K
FY2022$410K
FY2023$548K
FY2024$570K
FY2024$493K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1987.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $569K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990; $137K paid to officers and key staff.

Part VII, Section A · reportable compensation
Trustee/Drector
$106,897Pt VII · Sec A
Trustee/Org
$18,228Pt VII · Sec A
$6,285Pt VII · Sec A
Trustee/Bus Mgr
$5,659Pt 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Perry Banks$106,897—————
Perry Banks JR—$100,531$13,961$54,388$77,053—
Carl Statham$6,285$54,669————
Andrew Tuttle$18,228$13,690$11,245$11,992——
Carl Stathan——$15,034———
Barry Zeigler$5,659$9,891$6,124$4,901$5,186$3,538
Carl J Statham———$4,569——
Brett Petrea————$238$4,031

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.

See Contractors Contribution Fund of executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains apprentices in essential skills for their trades.

Provided by the organization

This section is blank until Contractors Contribution Fund of claims this page.

Know this organization? Claim it to add your story

1 program service, described in the organization's own filed words · FY2024.
01

To provide training certification to the apprentice students

Pt IX · col B

Run this program? Claim this org to tell your story

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$491K
Ln 12
Fees for servicesLn 2g$483K
Investment incomeLn 3$9K
Money outPt IX
$569K
Ln 25
Managementcol C$569K
Owns and owesPt X
$493K
net assets · Ln 32
Cash and savingsLn 1–2$283K
Total assetsLn 16$499K
LiabilitiesLn 26$6K
PeoplePt VI, VII
9
listed · VII A
PaidVII A4
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$483K
Investment incomeLn 3$9K
Total revenueLn 12$491K
Assets in detailPt X, end of year
CashLn 1$14K
SavingsLn 2$269K
Cash and savings togetherLn 1–2$283K
Land, buildings, equipmentLn 10c$206K
Total assetsLn 16$499K
LiabilitiesLn 26$6K
Net assetsLn 32$493K
OperationsPt I, VI
EmployeesI 514
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$335K$283K
Land, buildings, equipmentLn 10c$224K$206K
Total assetsLn 16$576K$499K
LiabilitiesLn 26$6K$6K
Net assetsLn 32$570K$493K
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$137K$137K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$58K$58K
Pension plan contributionsLn 8$35K$35K
Other employee benefitsLn 9$29K$29K
Payroll taxesLn 10$15K$15K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K$7K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$15K$15K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$45K$45K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$18K$18K
InsuranceLn 23$16K$16K
Other expenses (24a–d)Ln 24$147K$147K
All other expensesLn 24e$46K$46K
Total functional expensesLn 25$569K$569K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $673K$599K$74K$570K 990 PDF
FY2023 $490K$353K$137K$548K 990 PDF
FY2022 $354K$296K$58K$410K 990 PDF
FY2021 $273K$319K−$46K$352K 990 PDF
FY2020 $331K$307K$24K$398K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $491,319 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $482,564$482,564
VIII-3 Investment incomeRelated to mission $8,755$8,755
VIII-12 Total revenueRelated to mission $491,319$491,319
Part IX · Statement of functional expenses $568,553 across 30 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 staffManagement $137,069$137,069
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $57,606$57,606
IX-8 Pension plan contributionsManagement $35,252$35,252
IX-9 Other employee benefitsManagement $29,430$29,430
IX-10 Payroll taxesManagement $15,438$15,438
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $7,005$7,005
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $15,252$15,252
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $44,559$44,559
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $18,296$18,296
IX-23 InsuranceManagement $16,314$16,314
IX-24 Other expenses (24a–d)Management $146,769$146,769
IX-24e All other expensesManagement $45,563$45,563
IX-25 Total functional expensesManagement $568,553$568,553
Part X · Balance sheet $498,756 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $75,905$13,874
X-2 Savings and temporary cash investmentsStart of year $259,102$268,797
X-3 Pledges and grants receivableStart of year $1,147$132
X-9 Prepaid expenses and deferred chargesStart of year $15,522$9,788
X-10c Land, buildings and equipment, netStart of year $224,461$206,165
X-16 Total assetsStart of year $576,137$498,756
X-17 Accounts payable and accrued expensesStart of year $6,142$5,995
X-26 Total liabilitiesStart of year $6,142$5,995
X-27 Net assets without donor restrictionsStart of year $569,995$492,761
X-32 Total net assets or fund balancesStart of year $569,995$492,761
X-33 Total liabilities and net assetsStart of year $576,137$498,756
Part XI · Reconciliation of net assets $492,761 net assets at year end
XI-1 Total revenue$491,319
XI-2 Total expenses$568,553
XI-3 Revenue less expenses−$77,234
XI-4 Net assets at start of year$569,995
XI-10 Net assets at end of year$492,761

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.