I U O E Local 158 Training Fund
- Assets
- $9.6m
- Revenue
- $2.9m
- Investments
- $333.5k
- Employees
- 14
- Location
- Cicero, NY
- Founding
- 09/1984
- Data as of
- 12/2021
- EIN
- 22-2549231
Organization Overview
I U O E Local 158 Training Fund is located in Cicero, NY. The organization was established in 1984. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, I U O E Local 158 Training Fund employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I U O E Local 158 Training Fund 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, I U O E Local 158 Training Fund generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 12.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES APPRENTICE TRAINING, SKILL IMPROVEMENT, AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES APPRENTICE TRAINING, SKILL IMPROVEMENT, AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William F Gray IV Training Dir | 40 | $114,476 | |
Carley Hill Employer Trustee - Eff 4/1/21 | Trustee | 1 | $0 |
Theron Hogle Chair/union Trustee - Eff 4/1/21 | Trustee | 1 | $0 |
Mike Lyons Union Trustee - Eff 4/1/21 | Trustee | 1 | $0 |
Robert Aikens Union Trustee | Trustee | 1 | $0 |
Michael Mastropietro Employer Trustee - Eff 4/1/21 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $142,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $502,450 |
| Noncash contributions included in lines 1a–1f | $498,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,250 |
| Total Program Service Revenue | $1,780,965 |
| Investment income | $77,323 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $45,206 |
| Net Gain/Loss on Asset Sales | $350,029 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,898,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $424,393 |
| Pension plan accruals and contributions | $214,182 |
| Other employee benefits | $72,568 |
| Payroll taxes | $40,287 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,018 |
| Fees for services: Accounting | $53,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,870 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,389 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $105,983 |
| Travel | $10,835 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $864 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $345,576 |
| Insurance | $90,301 |
| All other expenses | $33,702 |
| Total functional expenses | $1,795,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,539 |
| Savings and temporary cash investments | $1,297,834 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $212,873 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $140,856 |
| Net Land, buildings, and equipment | $3,517,435 |
| Investments—publicly traded securities | $4,006,460 |
| Investments—other securities | $333,493 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,577,490 |
| Accounts payable and accrued expenses | $126,072 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $126,072 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $9,451,418 |
| Total liabilities and net assets/fund balances | $9,577,490 |
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|---|---|---|
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Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
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Groundtruth Project Inc Boston, MA | $12,977,835 | $12,726,930 |
Northeast Carpenters Apprenticeship Fund Edison, NJ | $19,860,788 | $10,381,249 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Liuna Training And Education Fund Pomfret Center, CT | $19,387,955 | $9,381,853 |
Operating Engineers Local 825 Springfield, NJ | $22,861,458 | $9,545,959 |
Operating Engineers Local 825 Sub Fund Springfield, NJ | $82,702,164 | $12,313,269 |
Joint Apprenticeship And Training Trust Fund Local 103 Ibew Boston, MA | $13,179,581 | $8,861,151 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |
National Automatic Sprinkler Industry Apprentice And Training New Milford, CT | $8,318,559 | $7,669,959 |