Form 990 for tax year 2024
Filed by INSULATION INDUSTRYS NATIONAL APPRENTICE AND TRAINING FUND.
Totals
- Total revenue
- $4,131,404
- Total expenses
- $3,514,133
- Contributions and grants received
- $780,549
- Grants paid
- $0
- Program service revenue
- $2,940,629
- Investment income
- $386,492
- Other revenue
- $23,734
- Total assets, end of year
- $8,764,050
- Total liabilities, end of year
- $31,075
- Net assets or fund balances, end of year
- $8,732,975
- Program services expenses (Part IX)
- $2,828,373
- Management and general expenses
- $685,760
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,828,373
Program services were 80.5% 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.
-
1e · Government grants (contributions)
$363,247
-
1f · All other contributions, gifts and grants
$417,302
-
1g · Noncash contributions included above
$111,995
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $2,940,629 · related or exempt $2,940,629
-
3 · Investment income
total $277,226 · excluded $277,226
-
7a · Gross sales of assets other than inventory
securities $469,394
-
7b · Less cost or other basis and sales expenses
securities $360,128
-
7c · Gain or loss
securities $109,266
-
7d · Net gain or loss
total $109,266 · excluded $109,266
-
11a · Other revenue: MISC
total $23,734 · related or exempt $23,734
-
11e · Other revenue, total
$23,734
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $300,913 · program services $240,730 · management and general $60,183
-
7 · Other salaries and wages
total $254,260 · program services $203,408 · management and general $50,852
-
8 · Pension plan contributions
total $78,723 · program services $62,978 · management and general $15,745
-
9 · Other employee benefits
total $57,323 · program services $45,858 · management and general $11,465
-
10 · Payroll taxes
total $36,398 · program services $29,118 · management and general $7,280
-
11b · Fees: legal
total $11,875 · management and general $11,875
-
11c · Fees: accounting
total $13,654 · management and general $13,654
-
11f · Fees: investment management
total $39,797 · management and general $39,797
-
11g · Fees: other
total $89,462 · management and general $89,462
-
13 · Office expenses
total $155,075 · management and general $155,075
-
14 · Information technology
total $116,300 · management and general $116,300
-
16 · Occupancy
total $39,875 · management and general $39,875
-
17 · Travel
total $256,135 · program services $256,135
-
19 · Conferences, conventions and meetings
total $1,534,800 · program services $1,534,800
-
22 · Depreciation, depletion and amortization
total $48,109 · management and general $48,109
-
23 · Insurance
total $23,776 · management and general $23,776
-
24a · Other expenses: GRANT EXPENSES
total $399,566 · program services $399,566
-
24b · Other expenses: VIDEO DEVELOPMENT & MAN
total $54,277 · program services $54,277
-
24c · Other expenses: PRINCE GEORGE'S COUNTY
total $2,312 · management and general $2,312
-
24d · Other expenses: APPRENTICE TRAINING SUP
total $1,503 · program services $1,503
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $3,266,805 · end of year $3,367,301
-
4 · Accounts receivable
beginning of year $465,095 · end of year $715,505
-
9 · Prepaid expenses and deferred charges
beginning of year $99,414 · end of year $10,370
-
10a · Land, buildings and equipment: cost or other basis
$562,724
-
10b · Land, buildings and equipment: accumulated depreciation
$346,687
-
10c · Land, buildings and equipment, net
beginning of year $117,321 · end of year $216,037
-
11 · Investments: publicly traded securities
beginning of year $4,182,450 · end of year $4,454,837
-
17 · Accounts payable and accrued expenses
beginning of year $72,239 · end of year $31,075
-
27 · Net assets without donor restrictions
beginning of year $8,058,846 · end of year $8,732,975
Mission and programs · 2024
Mission
TO PROVIDE FUNDS, MATERIALS AND INSTRUCTION FOR TRAINING APPRENTICES IN THE ASBESTOS INSULATION INDUSTRY.
-
PROGRAM SERVICE ACTIVITIES INCLUDE PROVIDING MATERIALS, WORKBOOKS, GUIDES AND AUDIO/VISUAL PRESENTATIONS FOR THE TRAINING OF APPRENTICES AND PROVIDING CONTINUING EDUCATION.
Expenses $2,828,373 · Revenue $2,964,363
As filed on the 2024 return.
Listed in Part VII
-
TERRENCE LARKIN
INTERNATIONAL UNION
- Total calculated
- $494,124
- From this org
- $0
- From related orgs
- $441,693
- Other
- $52,431
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $441,693 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,877 related
- Nontaxable benefits
- $0 + $29,554 related
- Filer's total
- $0 + $494,124 related
-
ROBERT REAP
INTERNATIONAL UNION
- Total calculated
- $398,081
- From this org
- $0
- From related orgs
- $375,204
- Other
- $22,877
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $375,204 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,877 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $398,081 related
-
BRIAN CAVEY
INTERNATIONAL UNION
- Total calculated
- $280,997
- From this org
- $0
- From related orgs
- $218,662
- Other
- $62,335
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $0 + $218,662 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,877 related
- Nontaxable benefits
- $0 + $39,458 related
- Filer's total
- $0 + $280,997 related
-
R DEAN BUROWS
NUICA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 2
-
JOHN LAMBERTON
NUICA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 2
-
RICK SUTPHIN
NUICA REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 2
-
JOHN STAHL
NATIONAL ADMINISTRATOR
- Total calculated
- $300,913
- From this org
- $217,826
- From related orgs
- $0
- Other
- $83,087
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,826
- Bonus
- $0
- Other
- $0
- Deferred
- $47,447
- Nontaxable benefits
- $35,640
- Filer's total
- $300,913
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
- 3 · Approval by the board or compensation committee
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
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513119349301716
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