Wyoming Contractors' Association INC

Casper, WYUnknown exempt organizationEIN 83-6009359Revenue $76K in FY2024

On file with the IRS555 S Wolcott · Casper, WY

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Provide health and welfare benefits for eligible participants.

Mission: Form 990 Part I, line 1

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
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
2 of 5
filings with a surplus
Average deficit $243K a year · 27% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$76K
-93% vs prior year
Spent
$314K
Net assets
$60K
By yearFY2020–FY2024
Revenue
$76K
FY2024▼ -93%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.1M
FY2022$1.1M
FY2023$1.1M
FY2024$76K
Expenses
$314K
FY2024▼ -71%
Tap a bar for its year
Expenses by fiscal year
FY2020$986K
FY2021$1.8M
FY2022$1.5M
FY2023$1.1M
FY2024$314K
Net assets
$60K
FY2024▼ -80%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$701K
FY2022$269K
FY2023$298K
FY2024$60K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Wyoming Contractors' Association INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers health and welfare benefits to eligible individuals.

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2 programs · in their own filed words · FY2024
01

Provide health and welfare benefits for eligible participants.

Pt IX · col B
02

Provide health and welfare benefits for eligible participants.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$76K
Ln 12
Fees for servicesLn 2g$74K
Investment incomeLn 3$1K
Other incomeLn 4–11$500
Money outPt IX
$314K
Ln 25
Owns and owesPt X
$60K
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$63K
LiabilitiesLn 26$3K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$74K
Investment incomeLn 3$1K
Other incomeLn 4–11$500
Total revenueLn 12$76K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$63K
Total assetsLn 16$63K
LiabilitiesLn 26$3K
Net assetsLn 32$60K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $76K$314K−$238K$60K 990 PDF
FY2023 $1.1M$1.1M$29K$298K 990 PDF
FY2022 $1.1M$1.5M−$432K$269K 990 PDF
FY2021 $1.1M$1.8M−$753K$701K 990 PDF
FY2020 $1.2M$986K$177K$1.5M 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 FY2024 990 (1 part)
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo

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

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