Totals
- Total revenue
- $1,247,093
- Total expenses
- $1,393,844
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,081,538
- Investment income
- $31,105
- Other revenue
- $134,450
- Total assets, end of year
- $6,389,179
- Total liabilities, end of year
- $1,595,755
- Net assets or fund balances, end of year
- $4,793,424
- Program services expenses (Part IX)
- $764,807
- Management and general expenses
- $629,037
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $764,807
Program services were 54.9% 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: EMPLOYERS' CONTRIBUTIO
total $1,081,538 · related or exempt $1,081,538
-
3 · Investment income
total $31,105 · excluded $31,105
-
11a · Other revenue: TEXT BOOK SALES
total $121,764 · related or exempt $121,764
-
11b · Other revenue: APPLICATION FEES
total $10,060 · related or exempt $10,060
-
11c · Other revenue: MISCELLANEOUS INCOME
total $2,626 · related or exempt $2,626
-
11e · Other revenue, total
$134,450
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $471,938 · program services $399,328 · management and general $72,610
-
8 · Pension plan contributions
total $49,367 · program services $37,025 · management and general $12,342
-
9 · Other employee benefits
total $116,893 · program services $87,676 · management and general $29,217
-
10 · Payroll taxes
total $46,046 · program services $38,962 · management and general $7,084
-
11b · Fees: legal
total $3,000 · management and general $3,000
-
11c · Fees: accounting
total $7,700 · management and general $7,700
-
11f · Fees: investment management
total $7,128 · management and general $7,128
-
12 · Advertising and promotion
total $3,755 · management and general $3,755
-
13 · Office expenses
total $7,057 · management and general $7,057
-
14 · Information technology
total $28,527 · management and general $28,527
-
16 · Occupancy
total $95,838 · management and general $95,838
-
19 · Conferences, conventions and meetings
total $44,385 · management and general $44,385
-
20 · Interest
total $58,884 · management and general $58,884
-
22 · Depreciation, depletion and amortization
total $162,064 · management and general $162,064
-
23 · Insurance
total $30,303 · management and general $30,303
-
24a · Other expenses: TEXT BOOKS
total $120,644 · program services $120,644
-
24b · Other expenses: GRADUATION BANQUET & AW
total $57,838 · program services $57,838
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $34,169 · management and general $34,169
-
24d · Other expenses: NECA APPRENTICE DAY
total $14,029 · program services $14,029
-
24e · All other expenses
total $34,279 · program services $9,305 · management and general $24,974
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,525,206 · end of year $1,405,337
-
10a · Land, buildings and equipment: cost or other basis
$5,831,263
-
10b · Land, buildings and equipment: accumulated depreciation
$1,597,149
-
10c · Land, buildings and equipment, net
beginning of year $4,393,350 · end of year $4,234,114
-
11 · Investments: publicly traded securities
beginning of year $693,029 · end of year $749,728
-
17 · Accounts payable and accrued expenses
beginning of year $964 · end of year $3,440
-
23 · Secured mortgages and notes payable
beginning of year $1,720,140 · end of year $1,592,315
-
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 · 2022
Mission
THIS PROGRAM PROVIDES TRAINING AND EDUCATIONAL PROGRAMS FOR THE MEMBERS OF THE IBEW LOCAL 351.
-
THIS PROGRAM PROVIDES TRAINING AND EDUCATIONAL PROGRAMS FOR THE MEMBERS OF THE IBEW LOCAL 351.
Expenses $764,807 · Revenue $1,215,988
As filed on the 2022 return.
Listed in Part VII
-
Daniel CosnerDANIEL COSNER
CHAIRMAN
- Total calculated
- $437,843
- From this org
- $0
- From related orgs
- $277,417
- Other
- $160,426
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $277,417 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $145,107 related
- Nontaxable benefits
- $0 + $15,319 related
- Filer's total
- $0 + $437,843 related
-
Thomas PetersonTHOMAS PETERSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Charles Della VecchiaCHARLES DELLA VECCHIA
UNION REPRESENTATIVE
- Total calculated
- $386,827
- From this org
- $0
- From related orgs
- $241,231
- Other
- $145,596
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $241,231 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $126,597 related
- Nontaxable benefits
- $0 + $18,999 related
- Filer's total
- $0 + $386,827 related
-
John GrayJOHN GRAY
UNION REPRESENTATIVE
- Total calculated
- $310,213
- From this org
- $0
- From related orgs
- $192,990
- Other
- $117,223
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $192,990 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $101,904 related
- Nontaxable benefits
- $0 + $15,319 related
- Filer's total
- $0 + $310,213 related
-
Stephen GandySTEPHEN GANDY
UNION REPRESENTATIVE
- Total calculated
- $313,893
- From this org
- $0
- From related orgs
- $192,990
- Other
- $120,903
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $192,990 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $101,904 related
- Nontaxable benefits
- $0 + $18,999 related
- Filer's total
- $0 + $313,893 related
-
Edward ReiserEDWARD REISER
UNION REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1
-
Alex CouchoudALEX COUCHOUD
UNION REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1
-
Joseph Knecht JrJOSEPH KNECHT JR
NECA REPRESENTATIVE (CHAPT
- Total calculated
- $0
- Hours/week
- 1
-
Raymond PalmieriRAYMOND PALMIERI
NECA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1
-
Michael CooneyMICHAEL COONEY
NECA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey HoudeJEFFREY HOUDE
NECA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1
-
Wayne OwsleyWAYNE OWSLEY
NECA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 1
-
Louis JiacopelloLOUIS JIACOPELLO
TRAINING DIRECTOR
- Total calculated
- $276,359
- From this org
- $167,931
- From related orgs
- $0
- Other
- $108,428
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,931
- Bonus
- $0
- Other
- $0
- Deferred
- $88,469
- Nontaxable benefits
- $19,959
- Filer's total
- $276,359
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
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
-
SECTION 501(C)(5) · LABOR UNION · NJ
-
LOCAL 351 IBEW PENSION PLAN
SECTION 401(A) · TO PROVIDE PENSION BENEFITS · NJ
-
SECTION 501(C)(9) · TO PROVIDE WELFARE BENEFITS · NJ
-
LOCAL 351 IBEW SURETY PLAN
SECTION 401(A) · TO PROVIDE ANNUITY BENEFITS · NJ
-
SECTION 501(C)(5) · TO PROVIDE SAFETY TRAINING AND PROVIDE FIRE RETARDANT CLOTHING · NJ
-
IBEW LOCAL UNION #351 BUILDING ASSOCIATION
SECTION 501(C)(2) · A HOLDING COMPANY FOR REAL PROPERTY FOR IBEW LOCAL 351 · NJ
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430399349301548
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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