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← IBEW LOCAL 906 ELECTRICAL JOINT APPRENTICESHIP TRAINING FUND

Form 990 for tax year 2023

Filed by IBEW LOCAL 906 ELECTRICAL JOINT APPRENTICESHIP TRAINING FUND.

Totals

Total revenue
$612,487
Total expenses
$470,778
Contributions and grants received
$204,750
Grants paid
$0
Program service revenue
$398,830
Investment income
$11,034
Other revenue
-$2,127
Total assets, end of year
$891,192
Total liabilities, end of year
$82,327
Net assets or fund balances, end of year
$808,865
Program services expenses (Part IX)
$470,778
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

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.

  • 1e · Government grants (contributions)

    $204,750

  • 2a · Program service revenue: CONTRACTOR DUES

    total $396,305 · related or exempt $396,305

  • 2b · Program service revenue: APPLICATION FEE

    total $2,525 · related or exempt $2,525

  • 3 · Investment income

    total $10,984 · related or exempt $10,984

  • 6a · Gross rents

    real property $7,800

  • 6b · Less rental expenses

    real property $9,927

  • 6c · Rental income or loss

    real property -$2,127

  • 6d · Net rental income or loss

    total -$2,127 · unrelated business -$2,127

  • 7a · Gross sales of assets other than inventory

    other assets $50

  • 7c · Gain or loss

    other assets $50

  • 7d · Net gain or loss

    total $50 · related or exempt $50

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $73,872 · program services $73,872

  • 7 · Other salaries and wages

    total $116,049 · program services $116,049

  • 9 · Other employee benefits

    total $59,127 · program services $59,127

  • 10 · Payroll taxes

    total $15,116 · program services $15,116

  • 11c · Fees: accounting

    total $2,585 · program services $2,585

  • 11g · Fees: other

    total $32,456 · program services $32,456

  • 13 · Office expenses

    total $10,475 · program services $10,475

  • 16 · Occupancy

    total $17,880 · program services $17,880

  • 17 · Travel

    total $7,311 · program services $7,311

  • 19 · Conferences, conventions and meetings

    total $4,462 · program services $4,462

  • 20 · Interest

    total $2,182 · program services $2,182

  • 22 · Depreciation, depletion and amortization

    total $3,371 · program services $3,371

  • 23 · Insurance

    total $3,763 · program services $3,763

  • 24a · Other expenses: SCHOOL SUPPLIES

    total $78,702 · program services $78,702

  • 24b · Other expenses: GAS STIPENDS

    total $40,059 · program services $40,059

  • 24c · Other expenses: MEALS

    total $1,521 · program services $1,521

  • 24d · Other expenses: OTHER EXPENSE

    total $1,473 · program services $1,473

  • 24e · All other expenses

    total $374 · program services $374

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $98,480 · end of year $36,411

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

    $200,280

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

    $32,187

  • 10c · Land, buildings and equipment, net

    beginning of year $169,911 · end of year $168,093

  • 11 · Investments: publicly traded securities

    beginning of year $422,109 · end of year $686,688

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,815 · end of year $13,438

  • 23 · Secured mortgages and notes payable

    beginning of year $78,624 · end of year $68,889

  • 27 · Net assets without donor restrictions

    beginning of year $601,061 · end of year $808,865

Mission and programs · 2023

Mission

TO PROVIDE TRAINING TO ELECTRICIAN APPRENTICES IN THE REGION

  • ELECTRICIAN TRAINING PROGRAMS PROVIDED FOR 85 APPRENTICES.

As filed on the 2023 return.

Listed in Part VII

  • BRUCE TISEO

    DIRECTOR

    Total calculated
    $73,872
    From this org
    $73,872
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • LEN BAL

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • JEREMY DESJARDINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • TONY GUILIANI

    ALTERNATE

    Total calculated
    $0
    Hours/week
    1
  • DAN MENARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOHN PRINCE

    VICE CHAIR/T

    Total calculated
    $0
    Hours/week
    1
  • SAMANTHA SCHUCK

    ALTERNATE

    Total calculated
    $0
    Hours/week
    1
  • CURTIS SERVANT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MARTY SUITTINEN

    ALTERNATE

    Total calculated
    $0
    Hours/week
    1
  • JACK TRUITT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
9 December 2024
IRS schema version
2023v5.0
Source object
202433519349301433

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