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← INSULATORS LOCAL 37 JT APPRENTICESHIP & TRAINING FUND

Form 990 for tax year 2024

Filed by INSULATORS LOCAL 37 JT APPRENTICESHIP & TRAINING FUND.

Totals

Total revenue
$459,853
Total expenses
$492,727
Contributions and grants received
$155,393
Grants paid
$183,896
Program service revenue
$300,744
Investment income
$18
Other revenue
$3,698
Total assets, end of year
$192,714
Total liabilities, end of year
$68,024
Net assets or fund balances, end of year
$124,690
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.

  • 1f · All other contributions, gifts and grants

    $155,393

  • 2a · Program service revenue: LOCAL APPRENTICESHIP F

    total $217,324 · related or exempt $217,324

  • 2b · Program service revenue: DRUG AND SAFETY INCOME

    total $83,420 · related or exempt $83,420

  • 3 · Investment income

    total $18 · excluded $18

  • 11a · Other revenue: MISCELLANEOUS

    total $3,698 · excluded $3,698

  • 11e · Other revenue, total

    $3,698

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $183,896

  • 5 · Compensation of officers, directors and key employees

    total $109,468

  • 7 · Other salaries and wages

    total $34,496

  • 10 · Payroll taxes

    total $10,498

  • 11c · Fees: accounting

    total $5,492

  • 13 · Office expenses

    total $6,353

  • 16 · Occupancy

    total $57,544

  • 17 · Travel

    total $6,284

  • 19 · Conferences, conventions and meetings

    total $242

  • 23 · Insurance

    total $8,774

  • 24a · Other expenses: APPRENTICESHIP PROGRAM

    total $39,727

  • 24b · Other expenses: DRUG TESTING

    total $14,762

  • 24c · Other expenses: MANAGEMENT FEE

    total $10,000

  • 24d · Other expenses: TRAINING

    total $4,705

  • 24e · All other expenses

    total $486

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,168 · end of year $2,329

  • 2 · Savings and temporary cash investments

    beginning of year $126,030 · end of year $165,231

  • 4 · Accounts receivable

    beginning of year $15,910 · end of year $25,154

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

    $2,976

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

    $2,976

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $433 · end of year $59,278

  • 25 · Other liabilities

    beginning of year $4,111 · end of year $8,746

  • 27 · Net assets without donor restrictions

    beginning of year $157,564 · end of year $124,690

Mission and programs · 2024

Mission

PROVIDING FUNDING AND OPERATION OF THE APPRENTICESHIP AND TRAINING PROGRAM FOR OUR MEMBERS AND SUPPLYING OUR SIGNATORY CONTRACTORS WITH A SKILLED WORK FORCE.

  • CONTRIBUTIONS FROM CONTRACTOR MEMBERS COLLECTED AND EXPENSES PAID TO PROVIDE APPRENTICESHIP AND SAFETY TRAINING.

    Grants $183,896 · Revenue $300,744

As filed on the 2024 return.

Listed in Part VII

  • Demetrius Tinsley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Robert Harner

    BOARD MEMBER

    Total calculated
    $17,712
    From this org
    $17,712
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 1 related

  • Cody Hybarger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Rick Bledso

    DIRECTOR/ADMINISTRATOR

    Total calculated
    $91,756
    From this org
    $91,756
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

  • IVY TECH COMMUNITY COLLEGE-SOUTHWEST

    $183,896

    APPRENTICESHIP PROGRAM

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
2024
Filed
21 April 2025
IRS schema version
2024v5.1
Source object
202521359349300902

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