Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,640,324

• 3 · Investment income

  total $53,246 · excluded $53,246

• 6a · Gross rents

  real property $110,793

• 6b · Less rental expenses

  real property $208,888

• 6c · Rental income or loss

  real property -$98,095

• 6d · Net rental income or loss

  total -$98,095 · excluded -$98,095

• 11a · Other revenue: Reimbursements

  total $57,029 · excluded $57,029

• 11b · Other revenue: Other

  total $3,074 · excluded $3,074

• 11e · Other revenue, total

  $60,103

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $16,857

• 5 · Compensation of officers, directors and key employees

  total $162,568

• 7 · Other salaries and wages

  total $314,000

• 8 · Pension plan contributions

  total $95,035

• 9 · Other employee benefits

  total $43,368

• 10 · Payroll taxes

  total $37,075

• 11c · Fees: accounting

  total $23,968

• 13 · Office expenses

  total $32,371

• 16 · Occupancy

  total $13,329

• 17 · Travel

  total $9,388

• 19 · Conferences, conventions and meetings

  total $57,477

• 21 · Payments to affiliates

  total $437,143

• 22 · Depreciation, depletion and amortization

  total $37,696

• 23 · Insurance

  total $10,375

• 24a · Other expenses: Employment subsidies

  total $248,739

• 24b · Other expenses: Local union expenses

  total $18,625

• 24c · Other expenses: Union social activities

  total $14,112

• 24d · Other expenses: Political contributions

  total $7,070

• 24e · All other expenses

  total $12,522

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $150 · end of year $150

• 2 · Savings and temporary cash investments

  beginning of year $902,715 · end of year $990,471

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

  $2,779,287

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

  $1,614,941

• 10c · Land, buildings and equipment, net

  beginning of year $1,239,583 · end of year $1,164,346

• 11 · Investments: publicly traded securities

  beginning of year $2,009,418 · end of year $2,147,812

• 17 · Accounts payable and accrued expenses

  beginning of year $6,823 · end of year $10,373

• 25 · Other liabilities

  beginning of year $65,218 · end of year $60,445

• 29 · Capital stock, trust principal or current funds

  beginning of year $4,079,825 · end of year $4,231,961

• 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 $0 · end of year $0

The filer's explanations (Part III)

Part I, Line 3

Brett Wideman is the Business Manager. His compensation is determined and approved by the Executive Board of Local 44 using comparable data from within the local area and surrounding jurisdictions based on standard union wage scale as outlined in the compensation contract. Joseph Krels is the president of the executive board and the Training Director of the Inland Empire Joint Apprenticeship Training Committee. His compensation is determined and approved by the Board of Trustees of the Inland Empire Joint Apprenticeship Training Committee using comparable data from within the local area and surrounding jurisdictions based on standard union wage scale as outlined in the compensation contract. Missy Everhart is a member of the executive board and a business agent of Local 44. Her compensation is determined and approved by the Executive Board of Local 44 using comparable data from within the local area and surrounding jurisdictions based on standard union wage scale as outlined in the compensation contract.