Form 990 for tax year 2022
Filed by ASBESTOS WORKERS EDUCATION & TRAINING FUND.
Totals
- Total revenue
- $771,055
- Total expenses
- $566,316
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $766,942
- Investment income
- $3,263
- Other revenue
- $850
- Total assets, end of year
- $1,594,192
- Total liabilities, end of year
- $304,489
- Net assets or fund balances, end of year
- $1,289,703
- Program services expenses (Part IX)
- $473,938
- Management and general expenses
- $92,378
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $473,938
Program services were 83.7% 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.
-
2a · Program service revenue: CONTRIBUTIONS - EMPLOY
total $766,942 · related or exempt $766,942
-
3 · Investment income
total $3,263 · excluded $3,263
-
11a · Other revenue: REIMBURSEMENTS
total $850 · excluded $850
-
11e · Other revenue, total
$850
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $169,099 · program services $169,099
-
8 · Pension plan contributions
total $77,654 · program services $77,654
-
9 · Other employee benefits
total $39,875 · program services $39,875
-
10 · Payroll taxes
total $14,089 · program services $14,089
-
11a · Fees: management
total $3,818 · management and general $3,818
-
11b · Fees: legal
total $4,189 · management and general $4,189
-
11c · Fees: accounting
total $8,139 · management and general $8,139
-
12 · Advertising and promotion
total $660 · management and general $660
-
13 · Office expenses
total $15,373 · management and general $15,373
-
16 · Occupancy
total $32,530 · program services $14,115 · management and general $18,415
-
19 · Conferences, conventions and meetings
total $4,365 · management and general $4,365
-
20 · Interest
total $7,701 · management and general $7,701
-
21 · Payments to affiliates
total $69,808 · program services $69,808
-
22 · Depreciation, depletion and amortization
total $23,542 · program services $23,542
-
23 · Insurance
total $6,298 · management and general $6,298
-
24a · Other expenses: EQUIPMENT, BOOKS AND SU
total $65,756 · program services $65,756
-
24b · Other expenses: SECRETARIAL SERVICES
total $10,200 · management and general $10,200
-
24c · Other expenses: DRUG TESTS
total $6,998 · management and general $6,998
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $6,222 · management and general $6,222
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $12 · end of year $12
-
2 · Savings and temporary cash investments
beginning of year $919,733 · end of year $635,676
-
4 · Accounts receivable
beginning of year $193,840 · end of year $236,803
-
9 · Prepaid expenses and deferred charges
beginning of year $4,854 · end of year $8,077
-
10a · Land, buildings and equipment: cost or other basis
$753,345
-
10b · Land, buildings and equipment: accumulated depreciation
$39,721
-
10c · Land, buildings and equipment, net
beginning of year $7,399 · end of year $713,624
-
17 · Accounts payable and accrued expenses
beginning of year $40,874 · end of year $37,788
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $266,701
-
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 $1,084,964 · end of year $1,289,703
Mission and programs · 2022
Mission
PROVIDE EDUCATION AND TRAINING FOR ELIGIBLE APPRENTICES AND JOURNEYMEN OF THE UNION.
-
PROVIDE EDUCATION AND TRAINING FOR ELIGIBLE APPRENTICES AND JOURNEYMEN OF THE UNION.
Expenses $473,938 · Revenue $767,792
As filed on the 2022 return.
Listed in Part VII
-
JAMES LISTER
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
JEFFREY SALIBA
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
MICHAEL ROBBINS
MGMT TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
MICHALE PASSAMONTI
MGMT TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
WAYNE ORTIZ
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
LEN CARLSON
MGMT TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
RICHARD ROTHWELL
COORDINATOR
- Total calculated
- $216,340
- From this org
- $119,017
- From related orgs
- $0
- Other
- $97,323
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $119,017
- Bonus
- $0
- Other
- $0
- Deferred
- $65,374
- Nontaxable benefits
- $31,949
- Filer's total
- $216,340
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 · 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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302819349300605
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