Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $3,100,000

• 1f · All other contributions, gifts and grants

  $22,469

• 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

  total $5,700,617 · related or exempt $5,700,617

• 3 · Investment income

  total $118,442 · excluded $118,442

• 11a · Other revenue: REIMBURSED EXPENSES

  total $26,888 · related or exempt $26,888

• 11e · Other revenue, total

  $26,888

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $436,671 · program services $436,671

• 7 · Other salaries and wages

  total $2,813,954 · program services $2,813,954

• 8 · Pension plan contributions

  total $649,833 · program services $649,833

• 9 · Other employee benefits

  total $511,830 · program services $511,830

• 10 · Payroll taxes

  total $216,935 · program services $216,935

• 11b · Fees: legal

  total $23,316 · management and general $23,316

• 11c · Fees: accounting

  total $44,486 · management and general $44,486

• 13 · Office expenses

  total $90,367 · program services $90,367

• 14 · Information technology

  total $18,237 · program services $18,237

• 16 · Occupancy

  total $6,348 · management and general $6,348

• 17 · Travel

  total $16,951 · program services $16,951

• 19 · Conferences, conventions and meetings

  total $17,365 · program services $17,365

• 22 · Depreciation, depletion and amortization

  total $272,789 · program services $261,701 · management and general $11,088

• 23 · Insurance

  total $100,993 · program services $100,232 · management and general $761

• 24a · Other expenses: MATERIALS & SUPPLIES

  total $420,105 · program services $420,105

• 24b · Other expenses: OTHER

  total $301,196 · program services $301,196

• 24c · Other expenses: REIMBURSEMENTS TO RELAT

  total $218,482 · management and general $218,482

• 24d · Other expenses: SECURITY

  total $180,538 · program services $180,538

• 24e · All other expenses

  total $150,715 · program services $150,715

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $300 · end of year $300

• 2 · Savings and temporary cash investments

  beginning of year $1,636,283 · end of year $2,741,910

• 4 · Accounts receivable

  beginning of year $52,964 · end of year $35,377

• 9 · Prepaid expenses and deferred charges

  end of year $20,181

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

  $5,605,580

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

  $3,019,929

• 10c · Land, buildings and equipment, net

  beginning of year $2,343,474 · end of year $2,585,651

• 11 · Investments: publicly traded securities

  end of year $1,034,281

• 15 · Other assets

  beginning of year $160,021 · end of year $85,900

• 17 · Accounts payable and accrued expenses

  beginning of year $181,001 · end of year $129,236

• 25 · Other liabilities

  beginning of year $204,852 · end of year $89,870

• 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 $3,807,189 · end of year $6,284,494

The filer's explanations (Part III)

SUPPLEMENTAL INFORMATION

THE FUND ADMINISTRATOR RECEIVES COMPENSATION AND BENEFITS IN THEIR CAPACITY AS FUND ADMINISTRATOR OF THIS ENTITY AND THE RELATED FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THE WELFARE FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE APPRENTICE FUND PORTION OF THESE EXPENSES IS 5% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II.