Alaska Teamster Employer Service Training Trust is located in Anchorage, AK. The organization was established in 1982. 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, Alaska Teamster Employer Service Training Trust employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Teamster Employer Service Training Trust 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, Alaska Teamster Employer Service Training Trust generated $912.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $936.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 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
THE ALASKA TEAMSTER-EMPLOYER SERVICE TRAINING TRUST PROVIDES VOCATIONAL TRAINING IN VARIOUS INDUSTRIES INCLUDING THOSE INDUSTRIES COVERED UNDER COLLECTIVE BARGAINING AGREEMENTS. TRAINING WAS PROVIDED TO OVER 1000 STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALASKA TEAMSTER-EMPLOYER SERVICE TRAINING TRUST PROVIDES VOCATIONAL TRAINING IN VARIOUS INDUSTRIES INCLUDING THOSE INDUSTRIES COVERED UNDER COLLECTIVE BARGAINING AGREEMENTS. TRAINING WAS PROVIDED TO OVER 1000 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Mcmilon Chair | OfficerTrustee | $0 | |
Thor Brown Trustee | Trustee | $0 | |
Name Not Listed Trustee | Trustee | $0 | |
Mickey Hebert Trustee | Trustee | $0 | |
John Lovdahl Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $67,145 |
All other contributions, gifts, grants, and similar amounts not included above | $628,211 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $695,356 |
Total Program Service Revenue | $51,334 |
Investment income | -$414 |
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 | $912,421 |
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 | $266,118 |
Pension plan accruals and contributions | $63,396 |
Other employee benefits | $68,209 |
Payroll taxes | $23,054 |
Fees for services: Management | $0 |
Fees for services: Legal | $165 |
Fees for services: Accounting | $20,940 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,896 |
Fees for services: Other | $28,893 |
Advertising and promotion | $2,856 |
Office expenses | $10,961 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $95,431 |
Travel | $27,592 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $518 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $61,496 |
Insurance | $75,903 |
All other expenses | $20,780 |
Total functional expenses | $936,928 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $203,165 |
Savings and temporary cash investments | $366,047 |
Pledges and grants receivable | $65,385 |
Accounts receivable, net | $45,298 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $420,732 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $35,679 |
Net Land, buildings, and equipment | $301,242 |
Investments—publicly traded securities | $1,743,002 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,949 |
Total assets | $3,192,499 |
Accounts payable and accrued expenses | $99,804 |
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 | $99,804 |
Net assets without donor restrictions | $3,092,695 |
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 | $0 |
Total liabilities and net assets/fund balances | $3,192,499 |
Organization Name | Assets | Revenue |
---|---|---|
Farestart Seattle, WA | $25,249,584 | $20,206,425 |
Career Path Services-Employment And Training Spokane, WA | $3,840,568 | $14,724,825 |
Carpenters Employers Apprenticeship & Training Tr Fund Western Wash Kent, WA | $76,810,852 | $18,647,454 |
Wtia Workforce Institute Issaquah, WA | $6,744,396 | $12,393,362 |
Northwest Laborers-Employers Train Bothell, WA | $25,481,278 | $14,853,369 |
Construction Industry Training Council Of Washington Bellevue, WA | $12,263,211 | $7,748,855 |
Western Washington Operating Ellensburg, WA | $10,682,686 | $7,194,257 |
Skillsource Inc Wenatchee, WA | $5,048,047 | $5,341,150 |
Western Washington Sheet Metal Jatc Everett, WA | $26,159,616 | $6,092,345 |
Alaska Operating Engineers Employers Training Trust Fund Palmer, AK | $12,626,363 | $3,805,252 |
Aerospace Machinists Joint Trainiing Committee Seattle, WA | $3,196,875 | $3,727,735 |
Hopeworks Social Enterprises Everett, WA | $19,135,255 | $3,691,088 |