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Nonprofiteer
← HAWAII LABORERS TRAINING TRUST FUND

Form 990 for tax year 2023

Filed by HAWAII LABORERS TRAINING TRUST FUND.

Totals

Total revenue
$2,160,656
Total expenses
$2,205,740
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,823,443
Investment income
$337,082
Other revenue
$131
Total assets, end of year
$10,640,621
Total liabilities, end of year
$1,492
Net assets or fund balances, end of year
$10,639,129
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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: EMPLOYER CONTRIBUTIONS

    total $1,777,232 · related or exempt $1,777,232

  • 2b · Program service revenue: DELIQUENT CONTRIBUTION

    total $43,526 · related or exempt $43,526

  • 2c · Program service revenue: LIQUIDATED DAMAGES

    total $2,685 · related or exempt $2,685

  • 3 · Investment income

    total $262,410 · excluded $262,410

  • 7a · Gross sales of assets other than inventory

    securities $74,672

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $74,672

  • 7d · Net gain or loss

    total $74,672 · excluded $74,672

  • 11a · Other revenue: ATTORNEY FEES

    total $75 · related or exempt $75

  • 11b · Other revenue: OTHER INCOME

    total $56 · related or exempt $56

  • 11e · Other revenue, total

    $131

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $188,503

  • 7 · Other salaries and wages

    total $507,681

  • 8 · Pension plan contributions

    total $102,047

  • 9 · Other employee benefits

    total $499,237

  • 10 · Payroll taxes

    total $66,387

  • 11a · Fees: management

    total $170,884

  • 11b · Fees: legal

    total $12,254

  • 11c · Fees: accounting

    total $13,838

  • 11f · Fees: investment management

    total $7,433

  • 11g · Fees: other

    total $11,654

  • 12 · Advertising and promotion

    total $1,945

  • 16 · Occupancy

    total $106,648

  • 19 · Conferences, conventions and meetings

    total $48,708

  • 22 · Depreciation, depletion and amortization

    total $136,651

  • 23 · Insurance

    total $73,581

  • 24a · Other expenses: TRAINING SITE GENERAL E

    total $104,557

  • 24b · Other expenses: AGC EDUCATION AND TRAIN

    total $74,750

  • 24c · Other expenses: TRAINING SUPPLIES AND S

    total $26,470

  • 24d · Other expenses: AUTO EXPENSE

    total $19,554

  • 24e · All other expenses

    total $32,958

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,151 · end of year $46,665

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

    $7,730,380

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

    $3,720,455

  • 10c · Land, buildings and equipment, net

    beginning of year $4,146,576 · end of year $4,009,925

  • 12 · Investments: other securities

    beginning of year $6,078,055 · end of year $6,584,031

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,054 · end of year $1,492

  • 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 $10,237,728 · end of year $10,639,129

Mission and programs · 2023

Mission

TO PROVIDE TRAINING BENEFITS TO ELIGIBLE PARTICIPANTS OF THE FUND.

  • THE PURPOSE FOR WHICH THE PLAN WAS ESTABLISHED IS TO PROVIDE TRAINING BENEFITS TO ELIGIBLE PARTICIPANTS OF THE FUND COVERED BY THE COLLECTIVE BARGAINING AGREEMENTS BY AND BETWEEN THE LABORERS' INTERNATIONAL UNION OF NORTH AMERICA, LOCAL 368, AFL-CIO, THE GENERAL CONTRACTORS LABOR ASSOCIATION, THE BUILDING INDUSTRY LABOR ASSOCIATION OF HAWAII, THE LABOR ASSOCIATION OF THE MASON CONTRACTORS ASSOCIATION OF HAWAII, THE HAWAII LANDSCAPE AND IRRIGATION CONTRACTORS ASSOCIATION, AND SPECIALTY CONTRACTORS LICENSED TO PERFORM DRYWALL AND PLASTERING.

As filed on the 2023 return.

Listed in Part VII

  • Anthony Tomas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Colin Ching

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Scott I Higa

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Toni Figueroa

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Micah Furuyama

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Leonard Leong

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Joseph Yaw

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Joby North II

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Alvis McCann

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Peter Ganaban

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Francis Taua

    DIRECTOR

    Total calculated
    $188,503
    From this org
    $115,332
    From related orgs
    $0
    Other
    $73,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $115,332
    Bonus
    $0
    Other
    $0
    Deferred
    $51,840
    Nontaxable benefits
    $21,331
    Filer's total
    $188,503

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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

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
2023
Filed
15 January 2025
IRS schema version
2023v6.0
Source object
202530159349301128

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