Ibew Local Union No 490 Joint Apprenticeship And Training Fund

Organization Overview

Ibew Local Union No 490 Joint Apprenticeship And Training Fund is located in Concord, NH. As of 04/2022, Ibew Local Union No 490 Joint Apprenticeship And Training Fund employed 9 individuals. Ibew Local Union No 490 Joint Apprenticeship And Training Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 04/2022, Ibew Local Union No 490 Joint Apprenticeship And Training Fund generated $499.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $397.9k during the year ending 04/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ASSISTANCE THROUGH VARIOUS TRAINING PROGRAMS AND JOB PLACEMENT FOR ITS UNION MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

APPRENTICESHIP TRAINING-ADMINSTRATION OF TRAINING PROGRAMS FOR APPRENTICES AND JOURNEYMEN ELECTRICAL WORKERS


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Board, Officers & Key Employees

Name (title)Compensation
Patrick Stevens
Trustee
$505
Michael Krenzer
Trustee
$0
Scott Marquis
Trustee
$0
Macro Lacasse
Trustee
$0
David Ayer
Trustee
$0
Nick Sinote
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$449,998
Investment income $41,096
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $499,660

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