Form 990 for tax year 2022
Filed by STUDIO MECHANICS LOCAL 476 TRAINING FUND.
Totals
- Total revenue
- $269,640
- Total expenses
- $362,557
- Contributions and grants received
- $41,800
- Grants paid
- $0
- Program service revenue
- $227,721
- Investment income
- $119
- Other revenue
- $0
- Total assets, end of year
- $409,450
- Total liabilities, end of year
- $57,922
- Net assets or fund balances, end of year
- $351,528
- Program services expenses (Part IX)
- $345,067
- Management and general expenses
- $17,490
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $345,067
Program services were 95.2% 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)
$41,800
-
2a · Program service revenue: Employer contributions
total $227,721
-
3 · Investment income
total $119
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $139,948 · program services $139,948
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $40,838 · program services $40,838
-
10 · Payroll taxes
total $15,410 · program services $15,410
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,250 · management and general $1,250
-
11c · Fees: accounting
total $15,234 · management and general $15,234
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $1,006 · management and general $1,006
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $7,906 · program services $7,906
-
23 · Insurance
total $0
-
24a · Other expenses: Training equipment rental
total $23,749 · program services $23,749
-
24b · Other expenses: Training class expenses
total $60,687 · program services $60,687
-
24c · Other expenses: Administrative expense allocation
total $44,155 · program services $44,155
-
24d · Other expenses: Training supplies
total $8,417 · program services $8,417
-
24e · All other expenses
total $3,957 · program services $3,957
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $161,564 · end of year $202,061
-
2 · Savings and temporary cash investments
beginning of year $258,951 · end of year $181,666
-
10a · Land, buildings and equipment: cost or other basis
$65,758
-
10b · Land, buildings and equipment: accumulated depreciation
$40,035
-
10c · Land, buildings and equipment, net
beginning of year $25,214 · end of year $25,723
-
17 · Accounts payable and accrued expenses
beginning of year $1,284 · end of year $57,922
-
27 · Net assets without donor restrictions
beginning of year $440,727 · end of year $342,284
-
28 · Net assets with donor restrictions
beginning of year $3,718 · end of year $9,244
Mission and programs · 2022
Mission
To provide training and education to eligible individuals and provide programs to further the development of job skills and knowledge needed by those individuals to learn Studio Mechanics related trades.
-
Training courses to ensure satisfactory completion of educational and competency requirements.
Expenses $345,067
As filed on the 2022 return.
Listed in Part VII
-
Anthony Barracca
Trustee employee
- Total calculated
- $0
- Hours/week
- 4
-
Christopher Hudecek
Trustee employee
- Total calculated
- $0
- Hours/week
- 4
-
Richard Lederer
Trustee employer
- Total calculated
- $0
- Hours/week
- 1
-
David Oakes
Trustee employer
- Total calculated
- $0
- Hours/week
- 1
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.
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.
-
Motion Picture Studio Mechanics Local Union No 476
501c5 · To organize all workers for their moral, economic and social advancement. · IL
-
Studio Mechanics IATSE Retirement Plan
401a4 · Provides retirement, death disability payments for eligible participants. · IL
-
Studio Mechanics Local 476 Health and Welfare Plan
501c9 · Provides health care, dental and disability benefits to participants. · IL
-
Studio Mechanics Local 476 Annuity Fund
401a4 · Provides retirement benefits and financial protection to participants. · IL
-
501c2 · To rent commercial property to affiliated not-fo-profit entities · IL
-
Studio Mechanics Local 476 Legal & Educational Assistance Fund
501c5 · To provide free and reduced rate legal services and reimburse for certain qualified education relate · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311359349318966
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