Form 990 for tax year 2022
Filed by PAINTERS DISTRICT COUNCIL 711 FINISHING TRADES INSTITUTE OF NEW JERSEY.
Totals
- Total revenue
- $964,339
- Total expenses
- $945,529
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $939,494
- Investment income
- $17,098
- Other revenue
- $7,747
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $838,073
- Management and general expenses
- $107,456
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $838,073
Program services were 88.6% 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: EMPLOYER CONTRIBUTIONS
total $939,494 · related or exempt $939,494
-
3 · Investment income
total $16,931 · excluded $16,931
-
7a · Gross sales of assets other than inventory
securities $292,000
-
7b · Less cost or other basis and sales expenses
securities $291,833
-
7c · Gain or loss
securities $167
-
7d · Net gain or loss
total $167 · excluded $167
-
11a · Other revenue: MISCELLANEOUS INCOME
total $7,747 · excluded $7,747
-
11e · Other revenue, total
$7,747
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $183,242 · program services $183,242
-
7 · Other salaries and wages
total $292,182 · program services $292,182
-
8 · Pension plan contributions
total $140,200 · program services $140,200
-
9 · Other employee benefits
total $72,426 · program services $72,426
-
10 · Payroll taxes
total $31,739 · program services $31,739
-
11b · Fees: legal
total $36,667 · management and general $36,667
-
11c · Fees: accounting
total $11,500 · management and general $11,500
-
11f · Fees: investment management
total $3,449 · management and general $3,449
-
11g · Fees: other
total $1,273 · management and general $1,273
-
13 · Office expenses
total $7,102 · management and general $7,102
-
14 · Information technology
total $7,151 · management and general $7,151
-
16 · Occupancy
total $62,912 · program services $62,912
-
17 · Travel
total $13,650 · program services $13,650
-
19 · Conferences, conventions and meetings
total $1,114 · management and general $1,114
-
22 · Depreciation, depletion and amortization
total $37,293 · program services $13,188 · management and general $24,105
-
23 · Insurance
total $15,095 · management and general $15,095
-
24a · Other expenses: MATERIAL AND SUPPLIES
total $22,774 · program services $22,774
-
24b · Other expenses: LICENSES AND FEES
total $5,760 · program services $5,760
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $391,477 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $1,389,816 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $392,774 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $146,342 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $87,508 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,343,795 · end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $739 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $116,617
-
25 · Other liabilities
beginning of year $70,529 · end of year $0
-
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 $3,565,305 · end of year $0
Mission and programs · 2022
Mission
TO PROVIDE A CONTINUOUS PROGRAM FOR THE SELECTION AND TRAINING OF APPRENTICES AND THE RETRAINING OR REFRESHER TRAINING OF JOURNEYMEN IN THE THEORY AND PRACTICE OF THE PAINTING AND ALLIED TRADES. THE TRAINING OF EACH APPRENTICE SHALL PROVIDE THE EXPERIENCE AND SCHOOLING NECESSARY TO DEVELOP A PRACTICAL AND SKILLED MECHANIC VESTED IN THE THEORY AND PRACTICE OF THE WORK SET FORTH IN THE JURISDICTIONAL PROVISIONS OF THE RELEVANT COLLECTIVE BARGAINING AGREEMENTS. FOR JOURNEYMEN THE FUND IS DESIGNED TO ENABLE THEM TO FURTHER QUALIFY IN THE FINER ASPECTS OF THE USE AND APPLICATION OF PRESENT AND FUTURE MATERIALS OF THE VARIOUS TRADES.
-
THE TRAINING OF EACH APPRENTICE SHALL PROVIDE THE EXPERIENCE AND SCHOOLING NECESSARY TO DEVELOP A PRACTICAL AND SKILLED MECHANIC VESTED IN THE THEORY AND PRACTICE OF THE WORK SET FORTH IN THE JURISDICTIONAL PROVISIONS OF THE RELEVANT COLLECTIVE BARGAINING AGREEMENTS. FOR JOURNEYMEN THE FUND IS DESIGNED TO ENABLE THEM TO FURTHER QUALIFY IN THE FINER ASPECTS OF THE USE AND APPLICATION OF PRESENT AND FUTURE MATERIALS OF THE VARIOUS TRADES.
Expenses $838,073 · Revenue $939,494
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JOSEPH BARRY
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ANDY SINGH
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAVID ZACK
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
VINCENT LANE
UNION TRUSTEE/CO-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
BERNARD COOKE
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
TOM SULKOWSKI
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BOB WOOD
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ED FLANAGAN
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
EDDIE SILVA
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN SCHLOERB
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
TOM KRUG
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL ZACK
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
CHARLES MESSICK
DIRECTOR OF EDUCATION (P)
- Total calculated
- $94,166
- From this org
- $53,463
- From related orgs
- $0
- Other
- $40,703
- Hours/week
- 40
-
NUNO PORTELA
DIRECTOR OF EDUCATION
- Total calculated
- $86,076
- From this org
- $48,603
- From related orgs
- $0
- Other
- $37,473
- Hours/week
- 45
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.
-
PAINTERS DISTRICT COUNCIL 711 JOB TARGETING TRUST
501(C)(5) · LABOR ORGANIZATION · NJ
-
PAINTERS DISTRICT COUNCIL 711 JOINT TRADE BOARD
501(C)(5) · LABOR ORGANIZATION · NJ
-
PAINTERS DISTRICT COUNCIL 711 HEALTH & WELFARE FUND
501(C)(9) · HEALTH BENEFIT FUND · NJ
-
PAINTERS DISTRICT COUNCIL 711 BENEVOLENT SCHOLARSHIP FUND
501(C)(3) · SCHOLARSHIP FUND · NJ
-
PAINTERS DISTRICT COUNCIL STATE OF NJ NO 711
501(C)(5) · LABOR ORGANIZATION · NJ
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
Liquidation · CASH · Aug 31, 2022 · 501(C)(3)
-
Liquidation · PUBLICLY HELD INVESTMENTS · Aug 31, 2022 · 501(C)(3)
-
Liquidation · RECEIVABLES · Aug 31, 2022 · 501(C)(3)
-
Liquidation · PREPAID EXPENSES · Aug 31, 2022 · 501(C)(3)
-
Liquidation · PROPERTY AND EQUIPENT · Aug 31, 2022 · 501(C)(3)
-
Liquidation · LIABILITIES · Aug 31, 2022 · 501(C)(3)
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341659349300509
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