Form 990 for tax year 2023
Filed by NORTH ATLANTIC STATES CARPENTERS TRAINING FUND.
Totals
- Total revenue
- $21,940,412
- Total expenses
- $21,600,914
- Contributions and grants received
- $418,954
- Grants paid
- $0
- Program service revenue
- $19,791,800
- Investment income
- $1,058,588
- Other revenue
- $671,070
- Total assets, end of year
- $69,778,815
- Total liabilities, end of year
- $13,981,158
- Net assets or fund balances, end of year
- $55,797,657
- Program services expenses (Part IX)
- $17,963,764
- Management and general expenses
- $3,637,150
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $17,963,764
Program services were 83.2% 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)
$382,056
-
1f · All other contributions, gifts and grants
$36,898
-
1g · Noncash contributions included above
$36,898
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $19,072,245 · related or exempt $19,072,245
-
2b · Program service revenue: RENT INCOME FROM AFFILIATE
total $719,555 · related or exempt $719,555
-
3 · Investment income
total $1,058,588 · excluded $1,058,588
-
11a · Other revenue: INSTRUCTOR REIMBURSEMENT
total $412,138 · related or exempt $412,138
-
11b · Other revenue: OTHER REIMBURSEMENT
total $161,569 · related or exempt $161,569
-
11c · Other revenue: TEXTBOOKS
total $73,196 · related or exempt $73,196
-
11d · All other revenue
total $24,167 · related or exempt $24,167
-
11e · Other revenue, total
$671,070
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $514,533 · program services $384,194 · management and general $130,339
-
7 · Other salaries and wages
total $7,263,786 · program services $6,192,235 · management and general $1,071,551
-
8 · Pension plan contributions
total $2,271,701 · program services $2,005,870 · management and general $265,831
-
9 · Other employee benefits
total $1,241,770 · program services $1,075,288 · management and general $166,482
-
10 · Payroll taxes
total $653,056 · program services $553,131 · management and general $99,925
-
11b · Fees: legal
total $54,913 · management and general $54,913
-
11c · Fees: accounting
total $80,445 · management and general $80,445
-
11g · Fees: other
total $89,172 · management and general $89,172
-
13 · Office expenses
total $282,766 · program services $143,741 · management and general $139,025
-
14 · Information technology
total $125,243 · program services $119,019 · management and general $6,224
-
16 · Occupancy
total $2,203,893 · program services $2,071,950 · management and general $131,943
-
19 · Conferences, conventions and meetings
total $127,763 · program services $127,763
-
20 · Interest
total $560,123 · management and general $560,123
-
22 · Depreciation, depletion and amortization
total $2,204,777 · program services $2,204,777
-
23 · Insurance
total $596,790 · management and general $596,790
-
24a · Other expenses: MATERIALS AND SUPPLIES
total $1,541,524 · program services $1,541,524
-
24b · Other expenses: APP. STIPEND AND TRAVEL
total $850,128 · program services $850,128
-
24c · Other expenses: EQUIPMENT RENTAL
total $335,277 · program services $335,277
-
24d · Other expenses: TEXTBOOKS AND MANUALS
total $287,680 · program services $287,680
-
24e · All other expenses
total $315,574 · program services $71,187 · management and general $244,387
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $217,313 · end of year $961
-
2 · Savings and temporary cash investments
beginning of year $3,911,747 · end of year $3,870,214
-
4 · Accounts receivable
beginning of year $2,523,650 · end of year $3,084,391
-
9 · Prepaid expenses and deferred charges
beginning of year $79,808 · end of year $109,378
-
10a · Land, buildings and equipment: cost or other basis
$47,670,732
-
10b · Land, buildings and equipment: accumulated depreciation
$23,354,132
-
10c · Land, buildings and equipment, net
beginning of year $25,657,753 · end of year $24,316,600
-
11 · Investments: publicly traded securities
beginning of year $25,436,399 · end of year $28,917,386
-
15 · Other assets
beginning of year $9,198,527 · end of year $9,479,885
-
17 · Accounts payable and accrued expenses
beginning of year $817,170 · end of year $1,375,379
-
23 · Secured mortgages and notes payable
beginning of year $13,303,237 · end of year $12,605,779
-
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 $52,904,790 · end of year $55,797,657
Mission and programs · 2023
Mission
THE PURPOSE OF THE PLAN IS TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS.
-
THE PURPOSE OF THE PLAN IS TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS.
Expenses $17,963,764 · Revenue $20,462,870
As filed on the 2023 return.
Listed in Part VII
-
John LeavittJOHN LEAVITT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael HolmesMICHAEL HOLMES
TRUSTEE/CO-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Ernest PaganERNEST PAGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rile Rhodes - Thru 0223RILE RHODES - THRU 0223
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David MinasianDAVID MINASIAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
William BanfieldWILLIAM BANFIELD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Peter McAnearneyPETER MCANEARNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher AustinCHRISTOPHER AUSTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mitchell LatimerMITCHELL LATIMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nicole GrodnerNICOLE GRODNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William MaherisWILLIAM MAHERIS
TRUSTEE / CO-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Joseph McPhersonJOSEPH MCPHERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joel Trojan - Thru 0623JOEL TROJAN - THRU 0623
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bill TraillBILL TRAILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James BeachJAMES BEACH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John ButtsJOHN BUTTS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher FilomenoCHRISTOPHER FILOMENO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
F Matthew PepeF MATTHEW PEPE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Earl HallEARL HALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James LoganJAMES LOGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Todd HelfrichTODD HELFRICH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert PineROBERT PINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John FerranteJOHN FERRANTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rich SimeoneRICH SIMEONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ryan Simons - Eff 0623RYAN SIMONS - EFF 0623
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas FischerTHOMAS FISCHER
EXECUTIVE DIRECTOR
- Total calculated
- $274,321
- From this org
- $213,911
- From related orgs
- $0
- Other
- $60,410
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $211,571
- Bonus
- $0
- Other
- $2,340
- Deferred
- $42,336
- Nontaxable benefits
- $18,074
- Filer's total
- $274,321
-
Ziven DrakeZIVEN DRAKE
ASST. EXECUTIVE DIRECTOR
- Total calculated
- $240,212
- From this org
- $179,802
- From related orgs
- $0
- Other
- $60,410
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $177,852
- Bonus
- $0
- Other
- $1,950
- Deferred
- $42,336
- Nontaxable benefits
- $18,074
- Filer's total
- $240,212
-
Eric MartinezERIC MARTINEZ
COORDINATOR
- Total calculated
- $218,848
- From this org
- $151,109
- From related orgs
- $0
- Other
- $67,739
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,109
- Bonus
- $0
- Other
- $0
- Deferred
- $49,665
- Nontaxable benefits
- $18,074
- Filer's total
- $218,848
-
Joshua TetuanJOSHUA TETUAN
INSTRUCTOR
- Total calculated
- $217,378
- From this org
- $149,059
- From related orgs
- $0
- Other
- $68,319
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,059
- Bonus
- $0
- Other
- $0
- Deferred
- $50,245
- Nontaxable benefits
- $18,074
- Filer's total
- $217,378
-
Michael MicklosMICHAEL MICKLOS
INSTRUCTOR
- Total calculated
- $211,556
- From this org
- $144,663
- From related orgs
- $0
- Other
- $66,893
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,663
- Bonus
- $0
- Other
- $0
- Deferred
- $48,996
- Nontaxable benefits
- $17,897
- Filer's total
- $211,556
-
Decio SantosDECIO SANTOS
INSTRUCTOR
- Total calculated
- $206,425
- From this org
- $140,123
- From related orgs
- $0
- Other
- $66,302
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,123
- Bonus
- $0
- Other
- $0
- Deferred
- $48,228
- Nontaxable benefits
- $18,074
- Filer's total
- $206,425
-
Paul BlanchardPAUL BLANCHARD
COORDINATOR
- Total calculated
- $204,023
- From this org
- $139,039
- From related orgs
- $0
- Other
- $64,984
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,039
- Bonus
- $0
- Other
- $0
- Deferred
- $46,910
- Nontaxable benefits
- $18,074
- Filer's total
- $204,023
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 · Compensation committee
- 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.
-
BOSTON CARPENTERS TRAINING CENTER
501(C)(3) · TRAINING CENTER · MA · controlled entity
Directly controlled by NASCTF
-
EMPIRE STATE CARPENTERS APPRENTICE RE CO
501(C)(2) · REALTY HOLDING CORP · NY · controlled entity
Directly controlled by NASCTF
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
NECCTF LLC
REALTY HOLDING CORP · CT · income $0 · assets $2,107,991
Directly controlled by NASCTF
-
CANDIA RD NECTF LLC
REALTY HOLDING CORP · NH · income $393,305 · assets $5,003,571
Directly controlled by NASCTF
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443139349301119
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