Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $29,924

• 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

  total $2,047,982 · related or exempt $2,047,982

• 2b · Program service revenue: COURSE FEES

  total $246,500 · related or exempt $246,500

• 3 · Investment income

  total $3,080 · excluded $3,080

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $15,409 · management and general $15,409

• 7 · Other salaries and wages

  total $682,482 · program services $554,709 · management and general $127,773

• 8 · Pension plan contributions

  total $136,507 · program services $127,526 · management and general $8,981

• 9 · Other employee benefits

  total $40,268 · program services $35,508 · management and general $4,760

• 10 · Payroll taxes

  total $39,006 · program services $36,360 · management and general $2,646

• 11b · Fees: legal

  total $9,000 · management and general $9,000

• 11c · Fees: accounting

  total $35,169 · management and general $35,169

• 13 · Office expenses

  total $57,272 · program services $42,468 · management and general $14,804

• 14 · Information technology

  total $17,457 · program services $11,000 · management and general $6,457

• 16 · Occupancy

  total $254,169 · program services $190,627 · management and general $63,542

• 17 · Travel

  total $12,485 · program services $11,940 · management and general $545

• 19 · Conferences, conventions and meetings

  total $13,663 · program services $4,931 · management and general $8,732

• 22 · Depreciation, depletion and amortization

  total $95,362 · program services $76,290 · management and general $19,072

• 23 · Insurance

  total $5,091 · management and general $5,091

• 24a · Other expenses: NATIONAL TRAINING FUND

  total $278,549 · program services $278,549

• 24b · Other expenses: GRADUATION

  total $45,904 · program services $45,904

• 24c · Other expenses: AMORTIZATION EXPENSE -

  total $42,768 · management and general $42,768

• 24d · Other expenses: TEXTBOOKS AND MANUALS

  total $38,534 · program services $38,534

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $2,708,337 · end of year $3,163,129

• 4 · Accounts receivable

  beginning of year $229,092 · end of year $273,955

• 9 · Prepaid expenses and deferred charges

  beginning of year $790

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

  $713,383

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

  $363,650

• 10c · Land, buildings and equipment, net

  beginning of year $382,857 · end of year $349,733

• 14 · Intangible assets

  end of year $2,677,997

• 15 · Other assets

  beginning of year $97,062 · end of year $271,494

• 17 · Accounts payable and accrued expenses

  beginning of year $34,193 · end of year $38,651

• 19 · Deferred revenue

  end of year $45,800

• 25 · Other liabilities

  beginning of year $0 · end of year $2,767,377

• 29 · Capital stock, trust principal or current funds

  beginning of year $3,383,945 · end of year $3,884,480

• 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 $0 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

DARREN TURTON'S COMPENSATION AND BENEFITS ARE PAID BY THE IUOE BENEFITS FUND AND ALLOCATED TO VARIOUS ORGANIZATIONS BASED ON THE ESTIMATED BENEFIT RECEIVED BY EACH ORGANIZATION. THE APPRENTICE FUND'S PORTION OF THE AMOUNTS DETAILED IN SCHEDULE J IS APPROXIMATELY 5% FOR DARREN TURTON.