Form 990 for tax year 2024
Filed by NBPA NBA LABOR MANAGEMENT EDUCATIONAL TRUST.
Totals
- Total revenue
- $509,547
- Total expenses
- $509,547
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $497,244
- Investment income
- $12,303
- Other revenue
- $0
- Total assets, end of year
- $973,784
- Total liabilities, end of year
- $973,784
- Net assets or fund balances, end of year
- $0
- 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.
-
2a · Program service revenue: CONTRACT REV - CAREER
total $295,899 · related or exempt $295,899
-
2b · Program service revenue: CONTRACT REV - OFF THE
total $152,861 · related or exempt $152,861
-
2c · Program service revenue: CONTRACT REVENUE - FIN
total $48,484 · related or exempt $48,484
-
3 · Investment income
total $12,303 · excluded $12,303
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $30,683
-
7 · Other salaries and wages
total $207,074
-
8 · Pension plan contributions
total $3,140
-
9 · Other employee benefits
total $28,355
-
10 · Payroll taxes
total $19,686
-
11g · Fees: other
total $50,000
-
13 · Office expenses
total $3,556
-
17 · Travel
total $77,376
-
23 · Insurance
total $4,017
-
24a · Other expenses: ALLOCATED SHARED SERVIC
total $85,660
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,523,454 · end of year $518,125
-
4 · Accounts receivable
beginning of year $1,461,938 · end of year $452,039
-
9 · Prepaid expenses and deferred charges
beginning of year $2,831 · end of year $3,620
-
10a · Land, buildings and equipment: cost or other basis
$13,200
-
10b · Land, buildings and equipment: accumulated depreciation
$13,200
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $2,988,223 · end of year $973,784
-
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 $0 · end of year $0
Mission and programs · 2024
Mission
TRUST WAS FORMED TO ASSIST THE NBA, THE NBA TEAMS AND NBA PLAYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS AND TO ENHANCE THE INVOLVEMENT OF NBA PLAYERS IN MAKING (CONTINUED ON SCHEDULE O) (CONTINUED FROM PART III) DECISIONS THAT AFFECT THEIR WORKING LIVES THROUGH EDUCATIONAL PROGRAMS AS AUTHORIZED BY THE COLLECTIVE BARGAINING AGREEMENT BETWEEN NBPA AND THE NBA.
Activities or mission (Part I)
THE TRUST WAS FORMED TO ASSIST THE NATIONAL BASKETBALL ASSOCIATION (NBA),(CONTINUED ON SCHEDULE O) (CONTINUED FROM PART I) NBA TEAMS, AND NBA PLAYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS AND TO ENHANCE THE INVOLVEMENT OF NBA PLAYERS IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES THROUGH EDUCATIONAL PROGRAMS AS AUTHORIZED BY THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE NATIONAL BASKETBALL PLAYERS ASSOCIATION (NBPA) AND THE NBA.
-
CAREER DEVELOPMENT PROGRAM - ENHANCES THE INVOLVEMENT OF NBA PLAYERS (INCLUDING G LEAGUE PLAYERS) IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES THROUGH EDUCATIONAL PROGRAMS AS AUTHORIZED BY THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE NBPA AND NBA.
-
FINANCIAL LITERACY- ENHANCES THE INVOLVMENT OF NBA PLAYERS (INCLUDING G LEAGUE PLAYERS) IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES THROUGH FINANCIAL LITERACY PROGRAMS AS AUTHORIZED BY THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE NBPA AND NBA.
-
OFF THE COURT PROGRAM - ENHANCES THE INVOLVEMENT OF NBA PLAYERS (INCLUDING G LEAGUE PLAYERS) IN MAKING DECISIONS THAT AFFECT THEIR CAREER TRANSITION THROUGH PROGRAMS AS AUTHORIZED BY THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE NBPA AND NBA.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ronald KlempnerRONALD KLEMPNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Daniel RubeDANIEL RUBE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Purvis ShortPURVIS SHORT
TRUSTEE UNTIL 10/9/2024
- Total calculated
- $0
- Hours/week
- 1
-
Jamila WidemanJAMILA WIDEMAN
TRUSTEE UNTIL 2/1/2025
- Total calculated
- $0
- Hours/week
- 1
-
Morgan CatoMORGAN CATO
TRUSTEE EFFECTIVE 12/19/2024
- Total calculated
- $0
- Hours/week
- 1
-
Kathy BehrensKATHY BEHRENS
TRUSTEE EFFECTIVE 2/1/2025
- Total calculated
- $0
- Hours/week
- 1
-
Artie BayesARTIE BAYES
MANAGER OF OFF THE COURT THROUGH 4/2024
- Total calculated
- $71,088
- From this org
- $52,405
- From related orgs
- $0
- Other
- $18,683
- Hours/week
- 40
-
Cameron JonesCAMERON JONES
CHIEF FINANCE OFFICER
- Total calculated
- $7,857
- From this org
- $7,388
- From related orgs
- $0
- Other
- $469
- Hours/week
- 1
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202632269349300313
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.