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Nonprofiteer
← QUALIFIED ELEVATOR INSPECTOR TRAINING TR

Form 990 for tax year 2023

Filed by QUALIFIED ELEVATOR INSPECTOR TRAINING TR.

Totals

Total revenue
$1,902,878
Total expenses
$2,129,763
Contributions and grants received
$1,700,000
Grants paid
$0
Program service revenue
$202,878
Investment income
$0
Other revenue
$0
Total assets, end of year
$542,002
Total liabilities, end of year
$452,487
Net assets or fund balances, end of year
$89,515
Program services expenses (Part IX)
$427,762
Management and general expenses
$1,702,001
Fundraising expenses
$0
Program service expenses (Part III)
$427,762

Program services were 20.1% 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.

  • 1f · All other contributions, gifts and grants

    $1,700,000

  • 2a · Program service revenue: CERTIFICATION FEES

    total $153,078 · related or exempt $153,078

  • 2b · Program service revenue: CONTINUING ED FEE

    total $49,800 · related or exempt $49,800

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $1,688,501 · management and general $1,688,501

  • 11c · Fees: accounting

    total $13,165 · management and general $13,165

  • 12 · Advertising and promotion

    total $25,515 · program services $25,515

  • 13 · Office expenses

    total $47,168 · program services $47,168

  • 17 · Travel

    total $112,865 · program services $112,865

  • 23 · Insurance

    total $335 · management and general $335

  • 24a · Other expenses: ROOM RENTALS AND MEALS

    total $144,533 · program services $144,533

  • 24b · Other expenses: ACCREDIDATION

    total $63,911 · program services $63,911

  • 24c · Other expenses: REGISTRATION COLLECTION

    total $33,770 · program services $33,770

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $530,613 · end of year $539,281

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,874 · end of year $2,721

  • 17 · Accounts payable and accrued expenses

    beginning of year $106,631 · end of year $73,456

  • 19 · Deferred revenue

    beginning of year $32,141 · end of year $55,385

  • 25 · Other liabilities

    beginning of year $78,315 · end of year $323,646

  • 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 $316,400 · end of year $89,515

Mission and programs · 2023

Mission

THE FUND PROVIDES AN EDUCATION AND TRAINING PROGRAM FOR ELIGIBLE BENEFICIARIES TO CERTIFY QUALIFIED ELEVATOR INSPECTORS.

  • THE FUND PROVIDES AN EDUCATION AND TRAINING PROGRAM FOR ELIGIBLE BENEFICIARIES TO CERTIFY QUALIFIED ELEVATOR INSPECTORS.

    Expenses $427,762 · Revenue $202,878

As filed on the 2023 return.

Listed in Part VII

  • Eric Rogers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    40.5

  • Greg Carlisle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • R Allen Spears

    TRUSTEE

    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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202531349349312528

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