Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: ASSESSMENT FEES

  total $25,141,665 · related or exempt $25,141,665

• 2b · Program service revenue: FEDERAL CONTRACTS

  total $8,948,051 · related or exempt $8,948,051

• 3 · Investment income

  total $1,058,404 · excluded $1,058,404

• 11d · All other revenue

  total $98,811 · related or exempt $98,811

• 11e · Other revenue, total

  $98,811

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $725,000 · program services $725,000

• 7 · Other salaries and wages

  total $4,728,398 · program services $4,728,398

• 8 · Pension plan contributions

  total $980,231 · program services $980,231

• 9 · Other employee benefits

  total $1,115,097 · program services $1,115,097

• 10 · Payroll taxes

  total $369,083 · program services $369,083

• 11b · Fees: legal

  total $1,065 · management and general $1,065

• 11c · Fees: accounting

  total $22,687 · program services $5,000 · management and general $17,687

• 11g · Fees: other

  total $1,353,441 · program services $1,353,441

• 13 · Office expenses

  total $1,106,238 · program services $1,106,238

• 17 · Travel

  total $8,240,434 · program services $8,240,434

• 19 · Conferences, conventions and meetings

  total $1,925,477 · program services $1,925,477

• 22 · Depreciation, depletion and amortization

  total $1,311,628 · program services $1,311,628

• 23 · Insurance

  total $370,011 · program services $324,709 · management and general $45,302

• 24a · Other expenses: ADMINISTRATIVE SERVICES

  total $773,856 · program services $27,635 · management and general $746,221

• 24b · Other expenses: ANNUAL LICENSING FEES

  total $123,298 · program services $123,298

• 24c · Other expenses: PROFESSIONAL DEVELOPMEN

  total $1,232 · program services $1,232

• 24e · All other expenses

  total $352,946 · program services $352,956 · management and general -$10

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $253,529 · end of year $1,172,361

• 2 · Savings and temporary cash investments

  beginning of year $4,675,577 · end of year $2,087,289

• 4 · Accounts receivable

  beginning of year $3,759,022 · end of year $7,951,726

• 9 · Prepaid expenses and deferred charges

  beginning of year $81,094 · end of year $100,859

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

  $15,392,057

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

  $8,921,428

• 10c · Land, buildings and equipment, net

  beginning of year $6,951,461 · end of year $6,470,629

• 11 · Investments: publicly traded securities

  beginning of year $26,228,864 · end of year $38,706,982

• 15 · Other assets

  beginning of year $483,388 · end of year $282,617

• 17 · Accounts payable and accrued expenses

  beginning of year $1,642,365 · end of year $2,061,787

• 25 · Other liabilities

  beginning of year $486,864 · end of year $288,460

• 27 · Net assets without donor restrictions

  beginning of year $40,303,706 · end of year $54,422,216

The filer's explanations (Part III)

PART I, LINE 7

BONUS IS APPROVED BY THE CO-CHAIR.

SCHEDULE J, PART II - COMPENSATION FROM UNRELATED ORGANIZATION

COMPENSATION FOR CHRISTOPHER TREML, EXECUTIVE DIRECTOR, IS REFLECTED AT 70% OF THE FULL SALARY PAID BY THE INTERNATIONAL UNION OF OPERATING ENGINEERS, AN UNRELATED ORGANIZATION. ALL COMPENSATION AND BENEFITS REPORTED ON PART VII AND SCH J FOR THE EXECUTIVE DIRECTOR REPRESENTS AMOUNTS FROM AN UNRELATED ORGANIZATION, AND NOT FROM THE NATIONAL TRAINING FUND. IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, THESE AMOUNTS HAVE BEEN INCLUDED ON THE RETURN AS COMPENSATION FROM THE FILING ORGANIZATION.