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Nonprofiteer
← LAFAYETTE APPRENTICESHIP BUILDING COMPANY LLC

Form 990 for tax year 2022

Filed by LAFAYETTE APPRENTICESHIP BUILDING COMPANY LLC.

Totals

Total revenue
$180,000
Total expenses
$80,967
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$180,000
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,269,618
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,269,618
Program services expenses (Part IX)
$80,967
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$80,967

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 2a · Program service revenue: RENTAL INCOME

    total $180,000 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $3,600 · program services $3,600 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $1,120 · program services $1,120 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $1,522 · program services $1,522 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $543 · program services $543 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $498 · program services $498 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $6,364 · program services $6,364 · management and general $0 · fundraising $0

  • 24a · Other expenses: TELEPHONE EXPENSE

    total $8,666 · program services $8,666 · management and general $0 · fundraising $0

  • 24b · Other expenses: REPAIRS AND MAINTENCE

    total $7,459 · program services $7,459 · management and general $0 · fundraising $0

  • 24c · Other expenses: UTILITIES

    total $30,303 · program services $30,303 · management and general $0 · fundraising $0

  • 24d · Other expenses: CLEANING/LANDSCAPING

    total $20,892 · program services $20,892 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $283,862 · end of year $365,954

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

    $1,925,676

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

    $22,012

  • 10c · Land, buildings and equipment, net

    beginning of year $1,886,050 · end of year $1,903,664

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,169,912 · end of year $2,269,618

Mission and programs · 2022

Mission

PROVIDING FACILITIES TO NOT-FOR-PROFIT ORGANIZATIONS

  • THE ORGANIZATION PROVIDES AND MAINTAINS THE BUILDING THAT IS UTILIZED 100 % FOR EDUCATIONAL PURPOSES. THE BUILDING PROVIDES EDUCATIONAL CLASSROOMS AND LABS THE FOR THE EDUCATION AND TRAINING OF STUDENTS ON THE CAMPUS OF IVY TECH COMMUNITY COLLEGE FOR THE FIELDS 0F STUDY IN THE ELECTRICAL AND CARPENTRY CONSTRUCTION TRADES.

    Expenses $80,967 · Revenue $180,000

As filed on the 2022 return.

Listed in Part VII

  • Rick Petry

    PROPERTY MANAGER/DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Jon Huston

    BUSINESS MANAGER/DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Mark Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Jeremie Pearson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Mark Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Jeremie Pearson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

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.

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
2022
Filed
26 September 2023
IRS schema version
2022v5.0
Source object
202302779349301900

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