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Nonprofiteer
← TRADESFUTURES

Form 990 for tax year 2023

Filed by TRADESFUTURES.

Totals

Total revenue
$2,691,169
Total expenses
$1,940,547
Contributions and grants received
$2,336,237
Grants paid
$1,029,770
Program service revenue
$317,150
Investment income
$0
Other revenue
$37,782
Total assets, end of year
$2,861,336
Total liabilities, end of year
$462,773
Net assets or fund balances, end of year
$2,398,563
Program services expenses (Part IX)
$1,628,624
Management and general expenses
$311,923
Fundraising expenses
$0
Program service expenses (Part III)
$1,628,624

Program services were 83.9% 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.

  • 1d · Related organizations

    $1,200,000

  • 1e · Government grants (contributions)

    $1,014,237

  • 1f · All other contributions, gifts and grants

    $122,000

  • 2a · Program service revenue: MC3 FEES

    total $317,150 · related or exempt $317,150

  • 11a · Other revenue: BANK ERROR REFUND

    total $37,782 · related or exempt $37,782

  • 11e · Other revenue, total

    $37,782

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,022,270 · program services $1,022,270

  • 2 · Grants to domestic individuals

    total $7,500 · program services $7,500

  • 5 · Compensation of officers, directors and key employees

    total $154,041 · program services $154,041

  • 7 · Other salaries and wages

    total $158,374 · program services $82,203 · management and general $76,171

  • 8 · Pension plan contributions

    total $23,395 · program services $12,281 · management and general $11,114

  • 9 · Other employee benefits

    total $31,996 · program services $16,796 · management and general $15,200

  • 10 · Payroll taxes

    total $20,899 · program services $15,444 · management and general $5,455

  • 11b · Fees: legal

    total $58,272 · program services $12,258 · management and general $46,014

  • 11g · Fees: other

    total $205,669 · program services $149,419 · management and general $56,250

  • 12 · Advertising and promotion

    total $2,072 · program services $2,072

  • 13 · Office expenses

    total $54,202 · program services $39,373 · management and general $14,829

  • 14 · Information technology

    total $102,840 · program services $85,795 · management and general $17,045

  • 16 · Occupancy

    total $21,704 · management and general $21,704

  • 17 · Travel

    total $16,490 · program services $16,490

  • 19 · Conferences, conventions and meetings

    total $12,682 · program services $12,682

  • 23 · Insurance

    total $4,989 · management and general $4,989

  • 24a · Other expenses: BANK SERVICE CHARGES

    total $43,152 · management and general $43,152

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,663,656 · end of year $1,981,130

  • 3 · Pledges and grants receivable

    beginning of year $15,000 · end of year $798,606

  • 4 · Accounts receivable

    beginning of year $3,976 · end of year $81,600

  • 17 · Accounts payable and accrued expenses

    beginning of year $34,691 · end of year $462,773

  • 27 · Net assets without donor restrictions

    beginning of year $1,647,941 · end of year $2,398,563

Mission and programs · 2023

Mission

TO DEVELOP, PROMOTE AND IMPROVE APPRENTICESHIP READINESS PROGRAMS, WHICH ARE EDUCATIONAL PROGRAMS THAT PROVIDE STUDENTS WITH THE FUNDAMENTAL SKILLS AND KNOWLEDGE NECESSARY TO CHOOSE, OBTAIN AND SUCCEED IN A FORMAL APPRENTICESHIP IN THE CONSTRUCTION INDUSTRY. AND TO INCREASE DIVERSITY IN THE CONSTRUCTION INDUSTRY; TO CONDUCT AND/OR SPONSOR RESEARCH AND STUDIES CONCERNING THE REASONS INDIVIDUALS FAIL TO OBTAIN OR COMPLETE AN APPRENTICESHIP; AND TO EDUCATE THE PUBLIC ABOUT THE VARIOUS CAREER OPPORTUNITIES FOR CRAFT WORKERS IN THE CONSTRUCTION INDUSTRY.

Activities or mission (Part I)

TO DEVELOP, PROMOTE AND IMPROVE APPRENTICESHIP READINESS PROGRAMS, WHICH ARE EDUCATIONAL PROGRAMS THAT PROVIDE STUDENTS WITH THE FUNDAMENTAL SKILLS AND KNOWLEDGE NECESSARY TO CHOOSE, OBTAIN AND SUCCEED IN A FORMAL APPRENTICESHIP IN THE CONSTRUCTION INDUSTRY.

  • TO DEVELOP, PROMOTE AND IMPROVE APPRENTICESHIP READINESS PROGRAMS, WHICH ARE EDUCATIONAL PROGRAMS THAT PROVIDE STUDENTS WITH THE FUNDAMENTAL SKILLS AND KNOWLEDGE NECESSARY TO CHOOSE, OBTAIN AND SUCCEED IN A FORMAL APPRENTICESHIP IN THE CONSTRUCTION INDUSTRY. AND TO INCREASE DIVERSITY IN THE CONSTRUCTION INDUSTRY; TO CONDUCT AND/OR SPONSOR RESEARCH AND STUDIES CONCERNING THE REASONS INDIVIDUALS FAIL TO OBTAIN OR COMPLETE AN APPRENTICESHIP; AND TO EDUCATE THE PUBLIC ABOUT THE VARIOUS CAREER OPPORTUNITIES FOR CRAFT WORKERS IN THE CONSTRUCTION INDUSTRY.

    Expenses $1,628,624 · Grants $1,029,770 · Revenue $354,932

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sean McGarvey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Brandon Bishop

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Sam Lyon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Tom Ensminger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jeff Peoples

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Alison Ziogas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Melissa Wells

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Michael Monroe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nicole Schwartz

    EXECUTIVE DIRECTOR

    Total calculated
    $154,042
    From this org
    $123,983
    From related orgs
    $0
    Other
    $30,059
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,983
    Bonus
    $0
    Other
    $0
    Deferred
    $27,163
    Nontaxable benefits
    $2,896
    Filer's total
    $154,042

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
  • 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

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART II:
THE NORTH AMERICAN BUILDING TRADES UNION (NABTU) PROVIDES SALARIES AND BENEFITS FOR THE EXECUTIVE DIRECTOR OF THE ORGANIZATION, WHICH IS REPAID BY THE ORGANIZATION. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION PAID NABTU $177,982 FOR SUCH SERVICES.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • NUCLEAR POWER LMCC TRUST

    501(C)(5) · TO BENEFIT THE NUCLEAR INDUSTRY AND ITS WORKFORCE · DC

  • POLITICAL EDUCATION FUND OF THE BCTD

    527 · SEPARATE SEGREGATED FUND · DC

  • POLITICAL EDUCATIONAL FUND OF THE BCTD NON-FEDERAL

    527 · SEPARATE SEGREGATED FUND · DC

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349307132

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