Form 990 for tax year 2024
Filed by TEAMSTERS NATIONAL PIPELINE LABOR- MANAGEMENT COOPERATION.
Totals
- Total revenue
- $722,258
- Total expenses
- $889,589
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $335,835
- Investment income
- $386,423
- Other revenue
- $0
- Total assets, end of year
- $5,034,376
- Total liabilities, end of year
- $203,954
- Net assets or fund balances, end of year
- $4,830,422
- 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: EMPLOYER CONTRIBUTIONS
total $312,167 · related or exempt $312,167
-
2b · Program service revenue: REIMBURSEMENT FOR SALA
total $23,668 · related or exempt $23,668
-
3 · Investment income
total $172,384 · excluded $172,384
-
7a · Gross sales of assets other than inventory
securities $604,326
-
7b · Less cost or other basis and sales expenses
securities $390,287
-
7c · Gain or loss
securities $214,039
-
7d · Net gain or loss
total $214,039 · excluded $214,039
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $108,181
-
7 · Other salaries and wages
total $187,972
-
10 · Payroll taxes
total $22,740
-
11a · Fees: management
total $38,475
-
11b · Fees: legal
total $1,249
-
11c · Fees: accounting
total $8,000
-
11f · Fees: investment management
total $14,354
-
13 · Office expenses
total $32,093
-
14 · Information technology
total $38,444
-
17 · Travel
total $51,150
-
19 · Conferences, conventions and meetings
total $365,378
-
21 · Payments to affiliates
total $2,500
-
22 · Depreciation, depletion and amortization
total $1,006
-
23 · Insurance
total $5,742
-
24a · Other expenses: TRAINING
total $12,305
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $122,275 · end of year $28,391
-
2 · Savings and temporary cash investments
beginning of year $45,900 · end of year $43,583
-
4 · Accounts receivable
beginning of year $22,181 · end of year $26,437
-
10a · Land, buildings and equipment: cost or other basis
$172,806
-
10b · Land, buildings and equipment: accumulated depreciation
$172,806
-
10c · Land, buildings and equipment, net
beginning of year $1,005 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $4,757,024 · end of year $4,848,438
-
15 · Other assets
beginning of year $2,405 · end of year $87,527
-
17 · Accounts payable and accrued expenses
beginning of year $14,088 · end of year $203,954
-
25 · Other liabilities
beginning of year $1,164 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $4,935,538 · end of year $4,830,422
-
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
THE LABOR MANAGEMENT TRUST FUND ASSISTS IN DEALING WITH UNION MATTERS.
Activities or mission (Part I)
THE PURPOSE IS TO INCREASE THE WORK OPPORTUNITIES FOR UNION CONSTRUCTION AND THE EFFICIENCY OF THE PIPE LINE INDUSTRY, TO FOSTER A HARMONIOUS RELATIONSHIP BETWEEN THE EMPLOYER ASSOCIATION AND THE UNION, AND TO PROTECT AND PROMOTE PUBLIC HEALTH SAFETY.
-
THE LABOR MANAGEMENT TRUST FUND ASSISTS IN DEALING WITH UNION MATTERS.
As filed on the 2024 return.
Listed in Part VII
-
Jeff CooperJEFF COOPER
CO-CHAIR - UNION
- Total calculated
- $0
- Hours/week
- 1
-
Dustin MykyteDUSTIN MYKYTE
CO-CHAIR - EMPLOYER
- Total calculated
- $0
- Hours/week
- 1
-
Rick BauerRICK BAUER
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tom GesualdiTOM GESUALDI
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shane JohnstonSHANE JOHNSTON
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael NunnenkampMICHAEL NUNNENKAMP
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sean O'BrienSEAN O'BRIEN
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Josh RamseyJOSH RAMSEY
UNION TRUSTEE (P)
- Total calculated
- $0
- Hours/week
- 1
-
Richard SternRICHARD STERN
ADMINISTRATOR
- Total calculated
- $162,293
- From this org
- $162,293
- From related orgs
- $0
- Other
- $0
- Hours/week
- 26
Schedule J breakdown matched by us
- Base
- $162,293
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $162,293
-
Marion Davis JrMARION DAVIS JR
LMCT DIRECTOR
- Total calculated
- $135,860
- From this org
- $135,860
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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.
-
TEAMSTERS NATIONAL PIPE LINE TRAINING FUND
501(C)(3) · EDUCATIONAL AND TRAINING ACTIVITY FOR TEAMSTERS PIPE LINE MEMBERS · DC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202610759349301026
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