Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,524,256

• 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

  total $34,904,095 · related or exempt $34,904,095

• 2b · Program service revenue: TRAINING PROGRAM REIMBURSEMENT

  total $4,842,710 · related or exempt $4,842,710

• 3 · Investment income

  total $1,359,495 · excluded $1,359,495

• 6a · Gross rents

  real property $196,536

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $196,536

• 6d · Net rental income or loss

  total $196,536 · excluded $196,536

• 7b · Less cost or other basis and sales expenses

  other assets $7,393

• 7c · Gain or loss

  other assets -$7,393

• 7d · Net gain or loss

  total -$7,393 · excluded -$7,393

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $139,067 · related or exempt $139,067

• 11e · Other revenue, total

  $139,067

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $497,878 · management and general $497,878

• 7 · Other salaries and wages

  total $10,225,409 · program services $9,534,512 · management and general $690,897

• 8 · Pension plan contributions

  total $1,778,933 · program services $1,699,440 · management and general $79,493

• 9 · Other employee benefits

  total $1,117,737 · program services $947,484 · management and general $170,253

• 10 · Payroll taxes

  total $734,769 · program services $632,670 · management and general $102,099

• 11b · Fees: legal

  total $308,290 · management and general $308,290

• 11c · Fees: accounting

  total $49,675 · management and general $49,675

• 11f · Fees: investment management

  total $178,439 · management and general $178,439

• 11g · Fees: other

  total $462,646 · management and general $462,646

• 13 · Office expenses

  total $577,411 · management and general $577,411

• 14 · Information technology

  total $529,669 · management and general $529,669

• 16 · Occupancy

  total $2,084,543 · program services $4,152 · management and general $2,080,391

• 17 · Travel

  total $154,126 · management and general $154,126

• 19 · Conferences, conventions and meetings

  total $141,049 · program services $137,213 · management and general $3,836

• 20 · Interest

  total $868,607 · program services $868,607

• 22 · Depreciation, depletion and amortization

  total $9,597,472 · management and general $9,597,472

• 23 · Insurance

  total $374,233 · management and general $374,233

• 24a · Other expenses: CLASS/SHOP/BOOK SUPPLIE

  total $3,202,046 · program services $3,202,046

• 24b · Other expenses: LLC EXPENSE

  total $2,654,725 · program services $2,654,725

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $1,259,331 · management and general $1,259,331

• 24d · Other expenses: UA/ANN ARBOR TRAINING

  total $214,593 · program services $214,593

• 24e · All other expenses

  total $41,006 · program services $41,006

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $26,118,996 · end of year $26,060,756

• 4 · Accounts receivable

  beginning of year $5,411,503 · end of year $6,504,855

• 8 · Inventories for sale or use

  end of year $70,863

• 9 · Prepaid expenses and deferred charges

  beginning of year $344,814 · end of year $332,482

• 10a · Land, buildings and equipment: cost or other basis

  $202,543,769

• 10b · Land, buildings and equipment: accumulated depreciation

  $29,913,942

• 10c · Land, buildings and equipment, net

  beginning of year $120,928,871 · end of year $172,629,827

• 15 · Other assets

  beginning of year $29,813,341 · end of year $2,539,743

• 17 · Accounts payable and accrued expenses

  beginning of year $1,060,625 · end of year $1,469,988

• 23 · Secured mortgages and notes payable

  beginning of year $39,293,669 · end of year $57,478,003

• 25 · Other liabilities

  beginning of year $85,214 · end of year $226,228

• 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 $142,178,017 · end of year $148,964,307

The filer's explanations (Part III)

SCHEDULE J, PART II

THE ROLES OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER ARE FILLED UNDER A SHARED SERVICES AGREEMENT WITH AN UNRELATED ORGANIZATION, SOUTHERN CALIFORNIA PIPE TRADES DISTRICT COUNCIL 16. PRESTON RIEHL AND DEVIN SANGUANSUKDIKOSOL PERFORMED THE DUTIES OF CEO AND CFO RESPECTIVELY, INCLUDING DUTIES NEEDED IN ORDER TO ORCHESTRATE OVERALL THE ORGNAIZATION'S VISION, STRATEGY, AND DELIVERABLES, FOR EXAMPLE CREATING ANNUAL BUDGETS, OVERSEEING ORGANIZATION GROWTH AND EXPANSION PLANS AND COMMUNICATING LONG AND SHORT TERM JOIN LABOR/ MANAGEMENT GOALS. THE TOTAL COMPENSATION TO THE DISTRICT COUNCIL FOR PRESTON AND DEVIN'S SERVICES WAS $505,912.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• A & J TRAINING INSTITUTE FOR SOUTHERN CALIFORNIA LLC

  REAL ESTATE · CA · income -$6,539,799 · assets $142,059,359

  Directly controlled by APPRENTICE & JOURNEYMAN TRAINING TRUST FUND