Mid-South Carpenters Regional Council
Nonprofit profile at a glance
- EIN
- 621425990
- IRS 990 coverage
- 2009–2016
- Forms available
- Form 990 2016
- Location
- Nashville, TN, USA
- Phone
- 6158844484
- Rating confidence
- Limited
- Sector
- Labor Unions
Reported finances
- Revenue
- $3,433,641
- Expenses
- $3,316,137
- Assets
- $5,589,104
- Liabilities
- $187,743
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Larry Kerley (President)
- Timothy Burns (Vice President)
Highest reported compensation
- Michael Boner (Executive Sec-Treas): $212,340 total reported compensation
- Victor White (Director of Organizing): $182,220 total reported compensation
- Larry Kerley (President): $120,605 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The labor organization represents its membership.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 66
- Accountability: 23
- Sustainability: 53
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.4%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 1.69; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 22.8%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -8.3% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 0 of 11 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $212K · 12 people listed · 1 of 6 pay-setting controls reported
- Consistency: 12 of 12 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 8 filing years from 2009 to 2016
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Officer compensation ratio scored 7/100.