Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training
- Assets
- $2.0m
- Revenue
- $643.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Lexington, KY
- Founding
- 10/1994
- Data as of
- 06/2024
- EIN
- 61-1257362
Organization Overview
Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training is located in Lexington, KY. The organization was established in 1994. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2024, Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training generated $643.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $529.5k during the year ending 06/2024. While expenses have increased by 10.3% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING PROGRAM FOR APPRENTICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRAINING/EDUCATION PROGRAM FOR APPRENTICES. ALSO TO PROVIDE SAFETY TRAINING TO JOURNEYMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Conley Business Man | Trustee | 0.5 | $0 |
Randy Greene Emp Trustee | Trustee | 0.5 | $0 |
Jimmy Preston Fin Secretar | Trustee | 10 | $0 |
Chad Walter Emp Trustee | Trustee | 0.5 | $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 | $592,879 |
| Investment income | $26,995 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,199 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $643,738 |
| 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. | $106,051 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,730 |
| Pension plan accruals and contributions | $52,069 |
| Other employee benefits | $23,722 |
| Payroll taxes | $14,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,369 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,825 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,858 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,294 |
| Insurance | $11,303 |
| All other expenses | $6,520 |
| Total functional expenses | $529,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,111,311 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,186 |
| 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 | $0 |
| Net Land, buildings, and equipment | $135,040 |
| Investments—publicly traded securities | $671,439 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,971,976 |
| Accounts payable and accrued expenses | $35,206 |
| 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 | $35,206 |
| Net assets without donor restrictions | $1,660,649 |
| Net assets with donor restrictions | $276,121 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,971,976 |