Form 990 for tax year 2024
Filed by LOCAL UNION 102 JOINT TRAINING FUND.
Totals
- Total revenue
- $3,308,673
- Total expenses
- $2,908,238
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $3,045,521
- Investment income
- $263,152
- Other revenue
- $0
- Total assets, end of year
- $7,391,896
- Total liabilities, end of year
- $1,178,293
- Net assets or fund balances, end of year
- $6,213,603
- 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: EMPLOYER CONTRIBUTIONS
total $2,801,337 · related or exempt $2,801,337
-
2b · Program service revenue: APPRENTICE FEES
total $230,362 · related or exempt $230,362
-
2c · Program service revenue: GAIN ON SALE OF FIXED ASSET
total $13,822 · related or exempt $13,822
-
3 · Investment income
total $208,175 · excluded $208,175
-
7a · Gross sales of assets other than inventory
securities $4,293,560
-
7b · Less cost or other basis and sales expenses
securities $4,238,583
-
7c · Gain or loss
securities $54,977
-
7d · Net gain or loss
total $54,977 · excluded $54,977
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,925
-
7 · Other salaries and wages
total $1,002,076
-
8 · Pension plan contributions
total $307,262
-
9 · Other employee benefits
total $296,344
-
10 · Payroll taxes
total $75,580
-
11b · Fees: legal
total $20,105
-
11c · Fees: accounting
total $25,250
-
11f · Fees: investment management
total $45,408
-
11g · Fees: other
total $8,303
-
12 · Advertising and promotion
total $1,057
-
13 · Office expenses
total $92,133
-
14 · Information technology
total $50,208
-
16 · Occupancy
total $351,775
-
17 · Travel
total $2,017
-
19 · Conferences, conventions and meetings
total $11,587
-
22 · Depreciation, depletion and amortization
total $55,828
-
23 · Insurance
total $33,066
-
24a · Other expenses: TUITION, TRAINING, BOOK
total $471,139
-
24b · Other expenses: TENANT ELECTRIC
total $24,624
-
24c · Other expenses: TEST & SPECIAL COURSE E
total $15,427
-
24d · Other expenses: STORAGE LEASE
total $9,184
-
24e · All other expenses
total $7,940
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $850,546
-
2 · Savings and temporary cash investments
beginning of year $2,036,289 · end of year $1,111,211
-
4 · Accounts receivable
beginning of year $272,881 · end of year $275,206
-
9 · Prepaid expenses and deferred charges
beginning of year $26,996 · end of year $24,751
-
10a · Land, buildings and equipment: cost or other basis
$977,870
-
10b · Land, buildings and equipment: accumulated depreciation
$839,794
-
10c · Land, buildings and equipment, net
beginning of year $139,396 · end of year $138,076
-
11 · Investments: publicly traded securities
beginning of year $3,246,118 · end of year $3,770,217
-
14 · Intangible assets
beginning of year $1,358,295 · end of year $1,030,654
-
15 · Other assets
beginning of year $0 · end of year $191,235
-
17 · Accounts payable and accrued expenses
beginning of year $101,678 · end of year $147,639
-
23 · Secured mortgages and notes payable
beginning of year $1,358,295 · end of year $1,030,654
-
27 · Net assets without donor restrictions
beginning of year $5,620,002 · end of year $6,213,603
Mission and programs · 2024
Mission
APPRENTICE AND JOURNEYMAN TRAINING FOR ELECTRICIANS
-
EDUCATION OF ELECTRICIAN APPRENTICES AND JOURNEYMEN
As filed on the 2024 return.
Listed in Part VII
-
Victor BlandVICTOR BLAND
TRUSTEE
- Total calculated
- $1,381
- From this org
- $1,381
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
John BrennanJOHN BRENNAN
TRUSTEE
- Total calculated
- $544
- From this org
- $544
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Bernie CorriganBERNIE CORRIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 8
-
Danny BracutoDANNY BRACUTO
TRUSTEE (P)
- Total calculated
- $0
- Hours/week
- 2
-
Nick CastelloNICK CASTELLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chisandra DeleskyCHISANDRA DELESKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bob DellecavaBOB DELLECAVA
TRUSTEE (P)
- Total calculated
- $0
- Hours/week
- 1
-
John GuempleJOHN GUEMPLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Harold PostHAROLD POST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael ScottoMICHAEL SCOTTO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joseph StarkJOSEPH STARK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joseph CucuzzaJOSEPH CUCUZZA
INSTRUCTOR/ADMIN
- Total calculated
- $331,822
- From this org
- $204,576
- From related orgs
- $0
- Other
- $127,246
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $204,576
- Bonus
- $0
- Other
- $0
- Deferred
- $65,464
- Nontaxable benefits
- $61,782
- Filer's total
- $331,822
-
Eric TscherneERIC TSCHERNE
INSTRUCTOR
- Total calculated
- $254,128
- From this org
- $156,676
- From related orgs
- $0
- Other
- $97,452
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,676
- Bonus
- $0
- Other
- $0
- Deferred
- $50,136
- Nontaxable benefits
- $47,316
- Filer's total
- $254,128
-
Matthew D OswaldMATTHEW D OSWALD
INSTRUCTOR
- Total calculated
- $243,543
- From this org
- $150,150
- From related orgs
- $0
- Other
- $93,393
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,150
- Bonus
- $0
- Other
- $0
- Deferred
- $48,048
- Nontaxable benefits
- $45,345
- Filer's total
- $243,543
-
Jeffrey DraytonJEFFREY DRAYTON
INSTRUCTOR
- Total calculated
- $243,543
- From this org
- $150,150
- From related orgs
- $0
- Other
- $93,393
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,150
- Bonus
- $0
- Other
- $0
- Deferred
- $48,048
- Nontaxable benefits
- $45,345
- Filer's total
- $243,543
-
Keith MerekKEITH MEREK
INSTRUCTOR
- Total calculated
- $243,543
- From this org
- $150,150
- From related orgs
- $0
- Other
- $93,393
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,150
- Bonus
- $0
- Other
- $0
- Deferred
- $48,048
- Nontaxable benefits
- $45,345
- Filer's total
- $243,543
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
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.
-
501(C)(2) · LANDLORD - LESSOR OF FACILITY · NJ
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202502889349303120
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