Form 990 for tax year 2023
Filed by MECHANICAL CONTRACTING FOUNDATION INC.
Totals
- Total revenue
- $2,003,009
- Total expenses
- $753,463
- Contributions and grants received
- $369,368
- Grants paid
- $452,398
- Program service revenue
- $0
- Investment income
- $1,633,105
- Other revenue
- $536
- Total assets, end of year
- $15,117,889
- Total liabilities, end of year
- $25,000
- Net assets or fund balances, end of year
- $15,092,889
- Program services expenses (Part IX)
- $512,736
- Management and general expenses
- $240,727
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $512,736
Program services were 68.1% 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.
-
1f · All other contributions, gifts and grants
$369,368
-
3 · Investment income
total $476,810 · excluded $476,810
-
7a · Gross sales of assets other than inventory
securities $14,347,477
-
7b · Less cost or other basis and sales expenses
securities $13,191,182
-
7c · Gain or loss
securities $1,156,295
-
7d · Net gain or loss
total $1,156,295 · excluded $1,156,295
-
11a · Other revenue: INSURANCE POLICY SURRENDER VALUE
total $536 · excluded $536
-
11e · Other revenue, total
$536
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $452,398 · program services $452,398
-
11a · Fees: management
total $150,000 · management and general $150,000
-
11c · Fees: accounting
total $17,350 · management and general $17,350
-
11f · Fees: investment management
total $31,314 · management and general $31,314
-
11g · Fees: other
total $56,234 · program services $55,016 · management and general $1,218
-
13 · Office expenses
total $4,705 · management and general $4,705
-
14 · Information technology
total $3,418 · program services $3,418
-
17 · Travel
total $29,168 · program services $1,904 · management and general $27,264
-
24a · Other expenses: EQUIPMENT
total $8,676 · management and general $8,676
-
24b · Other expenses: TAXES AND OTHER FEES
total $200 · management and general $200
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $219,418 · end of year $102,615
-
2 · Savings and temporary cash investments
beginning of year $389,355 · end of year $6,820
-
3 · Pledges and grants receivable
beginning of year $130,397 · end of year $115,627
-
11 · Investments: publicly traded securities
beginning of year $12,929,845 · end of year $14,851,694
-
12 · Investments: other securities
beginning of year $30,640 · end of year $31,176
-
15 · Other assets
beginning of year $0 · end of year $9,957
-
17 · Accounts payable and accrued expenses
beginning of year $193,837 · end of year $25,000
-
27 · Net assets without donor restrictions
beginning of year $9,128,535 · end of year $10,108,488
-
28 · Net assets with donor restrictions
beginning of year $4,377,283 · end of year $4,984,401
Mission and programs · 2023
Mission
THE JOHN R. GENTILLE FOUNDATION (JRGF) ARTICULATES AND FUNDS THE MECHANICAL CONTRACTING INDUSTRY'S MOST CRITICAL HUMAN RESOURCE AND RESEARCH NEEDS. JRGF CULTIVATES AND SUPPORTS ACTIVITIES THAT ALLOW PROFESSIONALS IN THE MECHANICAL CONTRACTING (CONTINUED ON SCHEDULE O) INDUSTRY TO SUCCEED IN THEIR BUSINESSES.
Activities or mission (Part I)
SEE PART III, LINE 1.
-
EDUCATION - FUNDS DEDICATED ARE DIRECTED TOWARD THE DEVELOPMENT AND ENHANCEMENT OF MECHANICAL CONTRACTING STUDENT CHAPTERS AND FACULTY AWARENESS OF INDUSTRY ISSUES. PROGRAMS INCLUDE STUDENT MCAA CONVENTION REGISTRATIONS, STUDENT CHAPTER COMPETITION AWARDS, INTERNSHIPS, CHAPTER GRANTS, FACULTY TRAINING CONFERENCE, FACULTY INTERNSHIPS, EDUCATOR OF THE YEAR AWARD, CHAPTER OF THE YEAR AWARD, AND NAMED SCHOLARSHIP PROGRAM.
Expenses $489,898 · Grants $452,398
-
RESEARCH THE JOHN R GENTILLE FOUNDATION (JRGF) IS DEDICATED TO THE ADVANCEMENT AND GROWTH OF THE MECHANICAL CONSTRUCTION INDUSTRY THROUGH THE PURSUIT OF RESEARCH, INNOVATION, AND EDUCATION. OUR PRIMARY PURPOSE IS TO ENHANCE INDUSTRY KNOWLEDGE, DEVELOP FUTURE LEADERS, AND DRIVE INDUSTRY-WIDE GROWTH THROUGH RIGOROUS RESEARCH AND INVESTIGATION. JRGF IS COMMITTED TO PIONEERING BEST PRACTICES, IMPROVING EFFICIENCY, AND ENSURING SUSTAINABILITY WITHIN THE INDUSTRY. WE AIM TO FOSTER UNDERSTANDING AND ENGAGEMENT AMONG STAKEHOLDERS, CONTRIBUTING TO A THRIVING, RESPONSIBLE, AND FUTURE-FOCUSED MECHANICAL CONSTRUCTION INDUSTRY.
Expenses $12,914
-
OUTREACH - PROGRAMS TARGETED FROM THE BEGINNING AND EXECUTED TO MAKE INFORMATION ABOUT THE MECHANICAL CONTRACTING INDUSTRY GENERALLY AVAILABLE TO ALL AUDIENCES. THIS INFORMATION IS TYPICALLY ACCESSED FREE OF CHARGE THROUGH THE INTERNET: WWW.MCAAJRGF.ORG
Expenses $9,924
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brian HelmBRIAN HELM
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Brain HughesBRAIN HUGHES
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Parthiv AminPARTHIV AMIN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Thomas BelloTHOMAS BELLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher CataniaCHRISTOPHER CATANIA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Armand KilijianARMAND KILIJIAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael McCombieMICHAEL MCCOMBIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andrew WindsorANDREW WINDSOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andrew PalcanANDREW PALCAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Blake WentzBLAKE WENTZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kristy WillisKRISTY WILLIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sean McGuireSEAN MCGUIRE
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 7
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412279349300901
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