Twu Local 100-Nycta Training And Upgrading Fund
- Assets
- $20.5m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 32
- Location
- Brooklyn, NY
- Founding
- 10/2004
- Data as of
- 06/2021
- EIN
- 32-0079340
Organization Overview
Twu Local 100-Nycta Training And Upgrading Fund is located in Brooklyn, NY. The organization was established in 2004. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Twu Local 100-Nycta Training And Upgrading Fund employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twu Local 100-Nycta Training And Upgrading 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 06/2021, Twu Local 100-Nycta Training And Upgrading Fund generated $4.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. 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
TO PROVIDE EMPLOYEES WHO ARE MEMBERS OF THE UNION WITH TRAINING CLASSES AND CONTINUING EDUCATION TO ADVANCE EXISTING SKILLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EMPLOYEES WHO ARE MEMBERS OF THE UNION WITH TRAINING CLASSES AND CONTINUING EDUCATION TO ADVANCE EXISTING SKILLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Jenkins Director Of Tuf | Trustee | 40 | $121,988 |
Jennifer Dodd Former Director | Trustee | 20 | $113,055 |
Patricia Lodge Past Hr VP | Trustee | 1.5 | $0 |
Valerie Dabas Director Of Olr | Trustee | 1.5 | $0 |
Monica Dacosta Chief Officer | Trustee | 1.5 | $0 |
Shannon Poland Assist To Pres. | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,671 |
| 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 | $37,671 |
| Total Program Service Revenue | $4,200,000 |
| Investment income | $24,408 |
| 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 | $4,262,079 |
| 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 | $1,306,304 |
| Compensation of current officers, directors, key employees. | $220,586 |
| Compensation of current officers, directors, key employees. | $220,586 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $330,689 |
| Pension plan accruals and contributions | $25,711 |
| Other employee benefits | $102,292 |
| Payroll taxes | $44,038 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,468 |
| Fees for services: Accounting | $35,428 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,010 |
| Advertising and promotion | $9,061 |
| Office expenses | $34,541 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $185,383 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $209 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,308 |
| Insurance | $49,589 |
| All other expenses | $0 |
| Total functional expenses | $2,499,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,411,589 |
| Savings and temporary cash investments | $3,962,668 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,147 |
| 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 | $62,354 |
| Net Land, buildings, and equipment | $230,506 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,815,587 |
| Total assets | $20,517,851 |
| Accounts payable and accrued expenses | $60,165 |
| 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 | $738,576 |
| Total liabilities | $798,741 |
| 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 | $19,719,110 |
| Total liabilities and net assets/fund balances | $20,517,851 |
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