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Nonprofiteer
← PIPE FITTERS TRAINING FUND

Form 990 for tax year 2023

Filed by PIPE FITTERS TRAINING FUND.

Totals

Total revenue
$31,503,413
Total expenses
$28,289,923
Contributions and grants received
$674,762
Grants paid
$0
Program service revenue
$29,882,081
Investment income
$794,368
Other revenue
$152,202
Total assets, end of year
$64,483,353
Total liabilities, end of year
$2,997,604
Net assets or fund balances, end of year
$61,485,749
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $674,762

  • 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

    total $29,523,861 · related or exempt $29,523,861

  • 2b · Program service revenue: REIMBURSEMENTS

    total $213,419 · related or exempt $213,419

  • 2c · Program service revenue: EDUCATIONAL FEES

    total $144,801 · related or exempt $144,801

  • 3 · Investment income

    total $754,716 · excluded $754,716

  • 6a · Gross rents

    real property $152,202

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $152,202

  • 6d · Net rental income or loss

    total $152,202 · excluded $152,202

  • 7a · Gross sales of assets other than inventory

    securities $40,421,408

  • 7b · Less cost or other basis and sales expenses

    securities $40,381,756

  • 7c · Gain or loss

    securities $39,652

  • 7d · Net gain or loss

    total $39,652 · excluded $39,652

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $498,226

  • 7 · Other salaries and wages

    total $11,092,678

  • 8 · Pension plan contributions

    total $2,394,895

  • 9 · Other employee benefits

    total $1,925,481

  • 10 · Payroll taxes

    total $1,033,337

  • 11b · Fees: legal

    total $75,947

  • 11c · Fees: accounting

    total $34,851

  • 11f · Fees: investment management

    total $3,000

  • 12 · Advertising and promotion

    total $54,201

  • 13 · Office expenses

    total $242,035

  • 14 · Information technology

    total $175,763

  • 16 · Occupancy

    total $2,405,443

  • 17 · Travel

    total $32,738

  • 19 · Conferences, conventions and meetings

    total $104,996

  • 21 · Payments to affiliates

    total $958,260

  • 22 · Depreciation, depletion and amortization

    total $2,977,937

  • 23 · Insurance

    total $276,713

  • 24a · Other expenses: EDUCATIONAL EXPENSES

    total $3,875,840

  • 24b · Other expenses: DRUG SCREENING

    total $56,419

  • 24c · Other expenses: SERVICES PROVIDED BY WE

    total $38,804

  • 24d · Other expenses: MISCELLANEOUS

    total $32,359

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $333,542 · end of year $323,094

  • 2 · Savings and temporary cash investments

    beginning of year $4,007,498 · end of year $4,609,832

  • 3 · Pledges and grants receivable

    end of year $260,337

  • 4 · Accounts receivable

    beginning of year $2,334,364 · end of year $2,402,916

  • 9 · Prepaid expenses and deferred charges

    beginning of year $44,279 · end of year $28,704

  • 10a · Land, buildings and equipment: cost or other basis

    $55,162,226

  • 10b · Land, buildings and equipment: accumulated depreciation

    $20,230,181

  • 10c · Land, buildings and equipment, net

    beginning of year $34,892,631 · end of year $34,932,045

  • 11 · Investments: publicly traded securities

    beginning of year $17,547,813 · end of year $21,926,425

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,470,818 · end of year $1,607,543

  • 23 · Secured mortgages and notes payable

    end of year $835,856

  • 25 · Other liabilities

    beginning of year $536,006 · end of year $554,205

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $57,153,303 · end of year $61,485,749

Mission and programs · 2023

Mission

PROVIDE TRAINING IN THE PIPE FITTING TRADE.

Activities or mission (Part I)

TRAINING AND DEVELOPMENT OF SKILLS OF APPRENTICES AND JOURNEYMEN IN THE PIPE FITTING INDUSTRY.

  • TO PROVIDE TRAINING EDUCATION AND ON THE JOB TRAINING FOR APPRENTICES AND JOURNEYMEN IN THE PIPE FITTING TRADE.

As filed on the 2023 return.

Listed in Part VII

  • Marc Pittas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Christopher Hernandez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Monte Kimes

    TRUSTEE/TRAINING DIR-PAST

    Total calculated
    $255,764
    From this org
    $174,808
    From related orgs
    $0
    Other
    $80,956
    Hours/week
    44 + 1 related

    Schedule J breakdown matched by us

    Base
    $168,750
    Bonus
    $0
    Other
    $6,058
    Deferred
    $56,458
    Nontaxable benefits
    $24,498
    Filer's total
    $255,764
  • Kathy McCauley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Brian Helm

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dennis Hahney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • John Rayburn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Timothy Gillooley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Joseph Vellenga

    TRUSTEE - NEW

    Total calculated
    $0
    Hours/week
    0.5
  • Joseph Bonato

    TRAINING DIRECTOR - NEW

    Total calculated
    $250,872
    From this org
    $169,716
    From related orgs
    $0
    Other
    $81,156
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $167,364
    Bonus
    $0
    Other
    $2,352
    Deferred
    $56,658
    Nontaxable benefits
    $24,498
    Filer's total
    $250,872
  • Glen Burch

    INSTRUCTOR

    Total calculated
    $256,821
    From this org
    $170,569
    From related orgs
    $0
    Other
    $86,252
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,569
    Bonus
    $0
    Other
    $0
    Deferred
    $61,754
    Nontaxable benefits
    $24,498
    Filer's total
    $256,821
  • Richard Gebka

    INSTRUCTOR

    Total calculated
    $252,579
    From this org
    $166,087
    From related orgs
    $0
    Other
    $86,492
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,087
    Bonus
    $0
    Other
    $0
    Deferred
    $61,994
    Nontaxable benefits
    $24,498
    Filer's total
    $252,579
  • Richard Hobson

    INSTRUCTOR

    Total calculated
    $251,446
    From this org
    $165,137
    From related orgs
    $0
    Other
    $86,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,137
    Bonus
    $0
    Other
    $0
    Deferred
    $61,811
    Nontaxable benefits
    $24,498
    Filer's total
    $251,446
  • Dane Hellriegel

    INSTRUCTOR

    Total calculated
    $249,592
    From this org
    $167,987
    From related orgs
    $0
    Other
    $81,605
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,987
    Bonus
    $0
    Other
    $0
    Deferred
    $58,696
    Nontaxable benefits
    $22,909
    Filer's total
    $249,592
  • Chris Gravitt

    INSTRUCTOR

    Total calculated
    $248,135
    From this org
    $163,244
    From related orgs
    $0
    Other
    $84,891
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,244
    Bonus
    $0
    Other
    $0
    Deferred
    $60,571
    Nontaxable benefits
    $24,320
    Filer's total
    $248,135

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202443169349305059

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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