Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $76,345

• 1f · All other contributions, gifts and grants

  $58,284

• 1g · Noncash contributions included above

  $33,548

• 2a · Program service revenue: EMPLOYERS CONTRIBUTION

  total $675,694 · related or exempt $675,694

• 3 · Investment income

  total $84 · excluded $84

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $256,794 · program services $256,794

• 7 · Other salaries and wages

  total $110,548 · program services $110,548

• 8 · Pension plan contributions

  total $24,832 · program services $24,832

• 9 · Other employee benefits

  total $27,102 · program services $27,102

• 10 · Payroll taxes

  total $19,650 · program services $19,650

• 11b · Fees: legal

  total $66,567 · management and general $66,567

• 11c · Fees: accounting

  total $33,000 · management and general $33,000

• 11g · Fees: other

  total $1,500 · management and general $1,500

• 13 · Office expenses

  total $22,732 · program services $22,732

• 16 · Occupancy

  total $125,635 · program services $125,635

• 19 · Conferences, conventions and meetings

  total $6,529 · program services $6,529

• 22 · Depreciation, depletion and amortization

  total $2,197 · management and general $2,197

• 23 · Insurance

  total $613 · management and general $613

• 24a · Other expenses: REIMB TO AFFILIATED ORG

  total $138,000 · management and general $138,000

• 24b · Other expenses: DONATED MATERIALS

  total $33,548 · program services $33,548

• 24c · Other expenses: EDUCATIONAL COURSES & S

  total $25,965 · program services $25,965

• 24d · Other expenses: MEDICAL EXAM EXP

  total $15,463 · program services $15,463

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  end of year $128,249

• 2 · Savings and temporary cash investments

  beginning of year $1,034,123 · end of year $74,387

• 4 · Accounts receivable

  beginning of year $73,690 · end of year $181,982

• 9 · Prepaid expenses and deferred charges

  beginning of year $47,047 · end of year $50,365

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

  $29,185

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

  $20,397

• 10c · Land, buildings and equipment, net

  beginning of year $10,984 · end of year $8,788

• 11 · Investments: publicly traded securities

  end of year $502,349

• 17 · Accounts payable and accrued expenses

  beginning of year $53,959 · end of year $56,287

• 24 · Unsecured notes and loans payable

  beginning of year $76,345

• 25 · Other liabilities

  beginning of year $47,969 · end of year $0

• 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 $987,571 · end of year $889,833

The filer's explanations (Part III)

FORM 990, SCHEDULE J SUPPLEMENTAL INFORMATION

ALBERT WASSELL RECEIVED COMPENSATION AND BENEFITS IN HIS CAPACITY AS FUND MANAGER OF THE RELATED PENSION, ANNUITY, WELFARE, AND APPRENTICE FUNDS WHERE HE WORKED 45 HOURS PER WEEK THRU NOVEMBER 2022. COMPENSATION AND BENEFITS WERE PAID BY THE WELFARE FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE APPRENTICE FUND'S PORTION OF THESE EXPENSES WAS 13% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II.