Form 990 for tax year 2023
Filed by SHEET METAL WORKERS LOCAL 73 APPRENTICE EDUCATION & TRAINING FU.
Totals
- Total revenue
- $3,627,035
- Total expenses
- $3,435,990
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $3,181,279
- Investment income
- $275,845
- Other revenue
- $169,911
- Total assets, end of year
- $7,061,117
- Total liabilities, end of year
- $135,136
- Net assets or fund balances, end of year
- $6,925,981
- 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: CONTRACTOR'S CONTRIBUTIONS
total $3,173,779 · related or exempt $3,173,779
-
2b · Program service revenue: SCHOOL REGISTRATION FEES
total $7,500 · related or exempt $7,500
-
3 · Investment income
total $190,416 · excluded $190,416
-
7a · Gross sales of assets other than inventory
securities $3,740,417
-
7b · Less cost or other basis and sales expenses
securities $3,654,988
-
7c · Gain or loss
securities $85,429
-
7d · Net gain or loss
total $85,429 · excluded $85,429
-
11a · Other revenue: REAL ESTATE TAX REFUND
total $141,464 · excluded $141,464
-
11b · Other revenue: MISC. INCOME
total $28,447 · excluded $28,447
-
11e · Other revenue, total
$169,911
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $247,893
-
7 · Other salaries and wages
total $1,912,787
-
8 · Pension plan contributions
total $291,741
-
9 · Other employee benefits
total $339,029
-
10 · Payroll taxes
total $129,122
-
11b · Fees: legal
total $25,113
-
11c · Fees: accounting
total $24,620
-
11f · Fees: investment management
total $16,554
-
13 · Office expenses
total $61,809
-
16 · Occupancy
total $112,327
-
17 · Travel
total $4,300
-
19 · Conferences, conventions and meetings
total $6,030
-
22 · Depreciation, depletion and amortization
total $59,112
-
23 · Insurance
total $90,984
-
24a · Other expenses: TRADE SCHOOL - MATERIAL
total $80,438
-
24b · Other expenses: GRADUATION EXPENSE
total $20,191
-
24c · Other expenses: APPRENTICE REIMBURSEMEN
total $10,813
-
24d · Other expenses: SERVICES PERFORMED BY L
total $3,127
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $67,881 · end of year $177,501
-
2 · Savings and temporary cash investments
beginning of year $135,182 · end of year $83,838
-
4 · Accounts receivable
beginning of year $327,816 · end of year $471,062
-
9 · Prepaid expenses and deferred charges
beginning of year $17,197 · end of year $19,079
-
10a · Land, buildings and equipment: cost or other basis
$3,934,829
-
10b · Land, buildings and equipment: accumulated depreciation
$2,533,912
-
10c · Land, buildings and equipment, net
beginning of year $765,772 · end of year $1,400,917
-
11 · Investments: publicly traded securities
beginning of year $5,564,623 · end of year $4,908,720
-
17 · Accounts payable and accrued expenses
beginning of year $365,701 · end of year $135,136
-
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 $6,512,770 · end of year $6,925,981
Mission and programs · 2023
Mission
APPRENTICE TRAINING FUND
Activities or mission (Part I)
TO PROVIDE FOR THE SUPPORT, MAINTENANCE AND ADMINISTRATION OF THE PROGRAM FOR THE TRAINING OF APPRENTICES AND JOURNEYMEN.
-
TO PROVIDE FOR THE SUPPORT, MAINTENANCE AND ADMINISTRATION OF THE PROGRAM FOR TRAINING APPRENTICES AND JOURNEYMEN.
As filed on the 2023 return.
Listed in Part VII
-
Mike MayMIKE MAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Raymond SuggsRAYMOND SUGGS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 6.5 related
-
Dan AhernDAN AHERN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 6 related
-
Jerry MantaJERRY MANTA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
James CesakJAMES CESAK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Joseph PassannanteJOSEPH PASSANNANTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Sean MulhearnSEAN MULHEARN
APPRENTICE COORDINATOR
- Total calculated
- $256,080
- From this org
- $158,384
- From related orgs
- $0
- Other
- $97,696
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $148,001
- Bonus
- $0
- Other
- $10,383
- Deferred
- $65,129
- Nontaxable benefits
- $32,567
- Filer's total
- $256,080
-
Leo ThierLEO THIER
INSTRUCTOR
- Total calculated
- $237,333
- From this org
- $134,398
- From related orgs
- $0
- Other
- $102,935
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $134,398
- Bonus
- $0
- Other
- $0
- Deferred
- $68,627
- Nontaxable benefits
- $34,308
- Filer's total
- $237,333
-
Clifford BrooksCLIFFORD BROOKS
INSTRUCTOR
- Total calculated
- $239,146
- From this org
- $135,902
- From related orgs
- $0
- Other
- $103,244
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $135,902
- Bonus
- $0
- Other
- $0
- Deferred
- $68,829
- Nontaxable benefits
- $34,415
- Filer's total
- $239,146
-
Patricia HoffmanPATRICIA HOFFMAN
INSTRUCTOR
- Total calculated
- $245,291
- From this org
- $140,144
- From related orgs
- $0
- Other
- $105,147
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $140,144
- Bonus
- $0
- Other
- $0
- Deferred
- $70,096
- Nontaxable benefits
- $35,051
- Filer's total
- $245,291
-
Damian ZermenoDAMIAN ZERMENO
INSTRUCTOR
- Total calculated
- $237,107
- From this org
- $134,491
- From related orgs
- $0
- Other
- $102,616
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $134,491
- Bonus
- $0
- Other
- $0
- Deferred
- $68,414
- Nontaxable benefits
- $34,202
- Filer's total
- $237,107
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
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.
-
SHEET METAL WORKERS' INT'L ASSOC LOCAL UNION NO 73 ANNUITY PL
401(A) · PROVIDE RETIREMENT, DEATH AND DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS · IL
-
SHEET METAL WORKERS' LOCAL NO 73 PENSION PLAN
401(A) · PROVIDE RETIREMENT, DEATH AND DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS · IL
-
SHEET METAL WORKERS' LOCAL 73 WELFARE FUND
501(C)(9) · PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS · IL
-
INT'L ASSOC OF SMART LOCAL NO 73 LMCC TRUST FUND
501(C)(5) · LABOR MANAGEMENT COOPERATION COMMITTEE · IL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510159349301766
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.