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Nonprofit · EIN 68-6052645

LMCC SAC BD

Also known as LMCC SAC BUSINESS DEVELOPMENT

Tax-exempt · SACRAMENTO, CA 95827

Financials

$15.7M$14M2022$19.2M$18.5M2023$21.9M$18.3M2024
Revenue Expenses · by fiscal year end
Financials of LMCC SAC BD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990 (amended)$21,909,470$18,286,545$3,622,925$28,183,056$1,597$28,181,459
May 31, 2024990$19,163,448$18,518,301$645,147$24,553,606$2,296$24,551,310
May 31, 2023990$15,725,273$13,970,748$1,754,525$23,921,720$84$23,921,636
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$20,771,164
Investment income
$1,134,852
Net gain from sales of assets
$22,055
Other revenue
$3,454

Expenses

Grants and similar amounts paid
$306,438
Benefits paid to members
$16,023,973
Compensation of officers, directors and key employees
$316,532
Other salaries and wages
$100,209
Salaries, compensation and benefits (total)
$486,867
Professional fundraising fees
$0
Legal fees
$756
Accounting fees
$27,320
Occupancy
$11,460
Travel
$1,690
Depreciation
$6,760

Balance sheet and other

Total assets, start of year
$24,553,606
Total assets, end of year
$28,183,056
Total liabilities, end of year
$1,597
Net assets, end of year
$28,181,459
Land, buildings and equipment
$21,950
Publicly traded securities
$23,914,506
Net assets without donor restrictions
$28,181,459
Gross receipts
$34,978,351
Employees
3
Year formed
1989
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ERIN TEAGUEGOVERNMENT AFFAIRS ADVOCATE40$137,110$21,976
KEVIN COLEMANCOMPLIANCE OFFICER40$106,616$50,830
TAMARA RAENYOFFICE ADMIN40$100,209$42,772
FRAN MCDERMOTTChairman
Trustee or director, Officer
2$0$0
ROBERT WARDTrustee
Trustee or director
1$0$0
FRANK SCHETTERTrustee
Trustee or director
1$0$0
KEVIN GINITrustee
Trustee or director
1$0$0
BRAD KIRKTrustee
Trustee or director
1$0$0
MICHAEL FALCONERTrustee
Trustee or director
1$0$0
ARTHUR MENDOZATrustee
Trustee or director
1$0$0
ROBERT SARGOZATrustee
Trustee or director
1$0$0
990 for the year ended May 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
KEVIN COLEMANCOMPLIANCE OFFICER40$101,878$56,454
TAMARA RAENYOFFICE ADMIN40$87,092$46,336
FRAN MCDERMOTTChairman
Trustee or director, Officer
2$0$0
ROBERT WARDTrustee
Trustee or director
1$0$0
FRANK SCHETTERTrustee
Trustee or director
1$0$0
KEVIN GINITrustee
Trustee or director
1$0$0
BRAD KIRKTrustee
Trustee or director
1$0$0
MICHAEL FALCONERTrustee
Trustee or director
1$0$0
ARTHUR MENDOZATrustee
Trustee or director
1$0$0
ROBERT SARGOZATrustee
Trustee or director
1$0$0
990 for the year ended May 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
KEVIN COLEMANCOMPLIANCE OFFICER40$95,596$42,810
TAMARA RAENYOFFICE ADMIN40$78,364$34,480
FRAN MCDERMOTTChairman
Trustee or director, Officer
2$0$0
ROBERT WARDTrustee
Trustee or director
1$0$0
FRANK SCHETTERTrustee
Trustee or director
1$0$0
KEVIN GINITrustee
Trustee or director
1$0$0
BRAD KIRKTrustee
Trustee or director
1$0$0
MICHAEL FALCONERTrustee
Trustee or director
1$0$0
ARTHUR MENDOZATrustee
Trustee or director
1$0$0
ROBERT SARGOZATrustee
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
10240 SYSETMS PARKWAY STE 300, SACRAMENTO, CA 95827-3006
In care of
% MCDERMOTT FRAN
Principal officer (990 for 2024)
FRAN MCDERMOTT, 10240 SYSTEMS PARKWAY 300, SACRAMENTO, CA 95827
Signed the 990
NOAH PAINTER, Chairman
Phone
(916) 570-0145
Return prepared by
WINKLER THURLOW FORNER CPAS

California records

California keeps its own records of charities and corporations. Search them by EIN 68-6052645 or by the name LMCC SAC BD.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO REPRESENT PROMOTE & ENHANCE THE MANAGEMENT INTEREST OF IT'S ELECTRICAL CONTRACTOR MBRS THROUGH LABOR RELATIONS,EDUCATION, MANAGEMENT SKILLS IMPROVEMENT,APPRENTICE & JOURNEYMAN TRAINING, MARKETING, SERVICE, PUBLIC RELATIONS,

990 for the year ended May 31, 2025

Program accomplishments

  • THE SACRAMENTO BUSINESS DEVELOPMENT FUND WORKS TO PROVIDE WORKERS AND EMPLOYERS OPPORTUNITIES TO EXPLORE NEW APPROACHES TO ACHIEVE ORGANIZATIONAL EFFECTIVENESS, STUDY WAYS OF ELIMINATING POTENTIAL PROBLEMS WHICH REDUCE THE COMPETITIVENESS AND INHIBIT THE ECONOMIC DEVELOPMENT OF THE ELECTRICAL CONSTRUCTION INDUSTRY AND SPONSOR PROGRAMS WHICH IMPROVE JOB SECURITY AND PROMOTE THE GENERAL WELFARE OF THE COMMUNITY AND INDUSTRY.
  • THE SACRAMENTO LMCT PROMOTES AND ENHANCES THE MANAGEMENT INTEREST OF IT'S ELECTRICAL CONTRACTOR MEMBERS BY PROVIDING MULTIPLE SERVICES INCLUDING BUT NOT LIMITED TO EDUCATION, LABOR RELATIONS, MANAGEMENT SKILLS AND TRAINING TO IT'S MEMBERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
68-6052645
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
2007
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J40)
Assets (IRS master file)
$28,183,056
Income (IRS master file)
$34,978,351

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$21,909,470$18,286,545$28,183,056XML
990May 2024$19,163,448$18,518,301$24,553,606XML
990May 2023$15,725,273$13,970,748$23,921,720XML
990May 2022$14,521,568$14,054,701$22,260,922IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 68-6052645).

Questions about LMCC SAC BD

What is the EIN of LMCC SAC BD?
The employer identification number (EIN) of LMCC SAC BD is 68-6052645.
Is LMCC SAC BD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 2007.
Are donations to LMCC SAC BD tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LMCC SAC BD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LMCC SAC BD due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LMCC SAC BD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of LMCC SAC BD?
The 990 for the year ended May 31, 2025 names FRAN MCDERMOTT.
Who are the officers and directors of LMCC SAC BD?
The 990 for the year ended May 31, 2025 lists 11 people; 3 received compensation from the organization, the highest $137,110 (ERIN TEAGUE, GOVERNMENT AFFAIRS ADVOCATE).
How much revenue does LMCC SAC BD have?
On its 990 for the year ended May 31, 2025 it reported revenue of $21,909,470, expenses of $18,286,545 and total assets of $28,183,056 at year end.

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