Form 990 for tax year 2024
Filed by PLUMBERS & PIPEFITTERS LU 421 LABOR MANAGEMENT FUND.
Totals
- Total revenue
- $1,713,138
- Total expenses
- $951,836
- Contributions and grants received
- $0
- Grants paid
- $806,411
- Program service revenue
- $1,651,692
- Investment income
- $61,446
- Other revenue
- $0
- Total assets, end of year
- $2,607,334
- Total liabilities, end of year
- $187,398
- Net assets or fund balances, end of year
- $2,419,936
- Program services expenses (Part IX)
- $951,836
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $951,836
Program services were 100.0% 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: Employer contributions
total $1,651,692
-
3 · Investment income
total $61,446
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $806,411 · program services $806,411
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $9,800 · program services $9,800
-
11b · Fees: legal
total $3,961 · program services $3,961
-
11c · Fees: accounting
total $21,618 · program services $21,618
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $5,761 · program services $5,761
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $3,045 · program services $3,045
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $22,730 · program services $22,730
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Consulting
total $76,834 · program services $76,834
-
24e · All other expenses
total $1,676 · program services $1,676
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $302,501 · end of year $1,052,032
-
2 · Savings and temporary cash investments
beginning of year $771,472 · end of year $839,307
-
4 · Accounts receivable
beginning of year $84,100 · end of year $121,466
-
11 · Investments: publicly traded securities
beginning of year $560,144 · end of year $594,529
-
17 · Accounts payable and accrued expenses
beginning of year $106,118 · end of year $187,398
-
27 · Net assets without donor restrictions
beginning of year $1,612,099 · end of year $2,419,936
Mission and programs · 2024
Mission
To maintain a labor-management committee to sponsor a wide range of cooperative activities designed to improve communication and engender cooperative and harmonious relations between labor and management representatives.
Activities or mission (Part I)
Coordinated effort by labor and management to promote the plumbing and pipe fitting industry throughout North and South Carolina through education, advertising and marketing efforts.
-
All expenses are incurred to promote the plumbing and pipefitting industry
Expenses $951,836
As filed on the 2024 return.
Listed in Part VII
-
Tim Clark
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Caroll Garrett
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Zane Gauldin
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Jeff Morgan
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Rod Hargrave
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
David Leonardi
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Larry K Batson
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Perry S Howard
Trustee
- Total calculated
- $0
- Hours/week
- 2
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
-
$699,618
-
$106,793
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 9 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501299349303765
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