Form 990 for tax year 2023
Filed by FINISHING TRADES INSTITUTE OF WEST VIRGINIA REGION INC.
Totals
- Total revenue
- $905,217
- Total expenses
- $861,851
- Contributions and grants received
- $885,424
- Grants paid
- $0
- Program service revenue
- $939
- Investment income
- $18,854
- Other revenue
- $0
- Total assets, end of year
- $933,910
- Total liabilities, end of year
- $9,373
- Net assets or fund balances, end of year
- $924,537
- Program services expenses (Part IX)
- $730,304
- Management and general expenses
- $131,547
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $730,304
Program services were 84.7% 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.
-
1b · Membership dues
$805,424
-
1f · All other contributions, gifts and grants
$80,000
-
2a · Program service revenue: REIMBURSED EXPENSES
total $939 · related or exempt $939
-
3 · Investment income
total $24,770 · excluded $24,770
-
7a · Gross sales of assets other than inventory
other assets $5,000
-
7b · Less cost or other basis and sales expenses
other assets $10,916
-
7c · Gain or loss
other assets -$5,916
-
7d · Net gain or loss
total -$5,916 · related or exempt -$5,916
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $194,078 · program services $144,718 · management and general $49,360
-
8 · Pension plan contributions
total $95,514 · program services $71,222 · management and general $24,292
-
9 · Other employee benefits
total $43,316 · program services $32,402 · management and general $10,914
-
10 · Payroll taxes
total $16,487 · program services $12,294 · management and general $4,193
-
11c · Fees: accounting
total $3,850 · program services $2,871 · management and general $979
-
13 · Office expenses
total $27,570 · program services $20,558 · management and general $7,012
-
16 · Occupancy
total $138,000 · program services $138,000
-
17 · Travel
total $74,048 · program services $55,216 · management and general $18,832
-
22 · Depreciation, depletion and amortization
total $28,869 · program services $28,869
-
23 · Insurance
total $9,254 · program services $6,900 · management and general $2,354
-
24a · Other expenses: MAINTENCE AND REPAIRS
total $123,571 · program services $123,571
-
24b · Other expenses: PROGRAM EQUIPMENT
total $44,508 · program services $44,508
-
24c · Other expenses: MATERIALS & SUPPLIES
total $40,958 · program services $40,958
-
24d · Other expenses: SHARED ADMIN. EMPLOYEES
total $12,332 · management and general $12,332
-
24e · All other expenses
total $9,496 · program services $8,217 · management and general $1,279
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $729,079 · end of year $725,329
-
2 · Savings and temporary cash investments
beginning of year $106,288 · end of year $106,577
-
10a · Land, buildings and equipment: cost or other basis
$340,678
-
10b · Land, buildings and equipment: accumulated depreciation
$238,674
-
10c · Land, buildings and equipment, net
beginning of year $63,577 · end of year $102,004
-
17 · Accounts payable and accrued expenses
beginning of year $17,773 · end of year $9,373
-
27 · Net assets without donor restrictions
beginning of year $881,171 · end of year $924,537
Mission and programs · 2023
Mission
OPERATE AN APPRENTICESHIP AND VOCATIONAL TRAINING TRUST FUND.
-
OPERATE AN APPRENTICESHIP AND TRAINING PROGRAM TO IMPROVE THE KNOWLEDGE AND TRAINING AMONG MEMBERS OF THE VARIOUS INDUSTRIES IN THE PAINTING AND ALLIED TRADES; THAT WILL ENCOURAGE ENTRY INTO THESE TRADES OF ALL INDIVIDUALS SO DESIRING; WHICH TRAINS MEMBERS TO SKILLFULLY CARRY OUT THE DUTIES OF PAINTING AND ALLIED TRADE POSITIONS IN THE VARIOUS INDUSTRIES; WHICH ADDRESSES DEVELOPMENTS IN TECHNOLOGY AND APPLICATION OF NEW PRODUCTS; AND WHICH ENSURES THAT ALL SUCH TRAINING AND APPRENTICESHIP PROGRAMS ARE UNDERTAKEN AT THE HIGHEST LEVEL OF QUALITY.
Expenses $730,304 · Revenue $939
As filed on the 2023 return.
Listed in Part VII
-
BRIAN STANLEY
CO-CHAIR UNI
- Total calculated
- $0
- Hours/week
- 1
-
KENNETH BOWEN
CO-CHAIR MGT
- Total calculated
- $0
- Hours/week
- 0.8
-
JON SLOAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
JEFF GOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
CHRIS HARDMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
RODNEY SKAGGS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
HAROLD KELLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
GLENN JEFFRIES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
JESSIE VALENTINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
JAMES SPEECE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
RYAN DUNBAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
-
DIRK BAUER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.3
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
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521359349315872
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