Finishing Trades Institute Of New York

Organization Overview

Finishing Trades Institute Of New York is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Finishing Trades Institute Of New York employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Finishing Trades Institute Of New York is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Finishing Trades Institute Of New York generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE TRAINING AND INSTRUCTION FOR APPROXIMATELY 7,700 APPRENTICE & JOURNEYPERSON MEMBERS IN PAINTING AND ALLIED TRADES, AS COVERED UNDER VARIOUS COLLECTIVE BARGAINING AGREEMENTS WITH DISTRICT COUNCIL 9, IUPAT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE TRAINING AND INSTRUCTION FOR APPROXIMATELY 7,700 APPRENTICE & JOURNEYPERSON MEMBERS IN PAINTING AND ALLIED TRADES, AS COVERED UNDER VARIOUS COLLECTIVE BARGAINING AGREEMENTS WITH DISTRICT COUNCIL 9, IUPAT.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $65,468
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$65,468
Total Program Service Revenue$2,636,800
Investment income $18,085
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,000
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 $2,729,484

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Finishing Trades Institute Of New York has recieved totaling $200,000.

Awarding OrganizationAmount
Painters And Allied Trades Labor Management Cooperation Fund

Hanover, MD

PURPOSE: TRAINING FACILITY UPGRADES

$200,000
View Grant Recipient Profile

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