Laborers Training And Retraining Trust Fund For Northern California
- Assets
- $52.0m
- Revenue
- $24.1m
- Investments
- $0.0
- Employees
- 48
- Location
- Pleasanton, CA
- Founding
- 01/1970
- Data as of
- 05/2022
- EIN
- 94-1688279
Organization Overview
Laborers Training And Retraining Trust Fund For Northern California is located in Pleasanton, CA. The organization was established in 1970. As of 05/2022, Laborers Training And Retraining Trust Fund For Northern California employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laborers Training And Retraining Trust Fund For Northern California 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 05/2022, Laborers Training And Retraining Trust Fund For Northern California generated $24.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $17.3m during the year ending 05/2022. While expenses have increased by 7.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TRAINING TO ELIGIBLE PARTICIPANTS COVERED BY THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE UNION AND THE EMPLOYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TRAINING TO ELIGIBLE PARTICIPANTS COVERED BY THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE UNIONS AND THE EMPLOYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Gonzalez Executive Director | Officer | 40 | $167,977 |
Juan Gutierrez Training Instructor | 40 | $132,878 | |
Lauro Perez Training Instructor | 40 | $126,530 | |
Ollie Hurd Director Of Training | 40 | $125,051 | |
Hugo DE La Torre Director Of Apprenticeship | 40 | $117,837 | |
Alfredo Munoz DE La Torre Maintenance Worker | 40 | $115,046 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Environmental Safety Training Profe Training Consultant | 5/30/22 | $247,975 |
Allied Universal Security Services Security | 5/30/22 | $211,476 |
Pacific Professional Solutions Printing | 5/30/22 | $619,756 |
Natec International Inc Contract Training | 5/30/22 | $258,983 |
Laborers Funds Administrative Offic Administrator | 5/30/22 | $741,690 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,149,369 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,179,603 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,328,972 |
| Total Program Service Revenue | $19,232,069 |
| Investment income | $1,325,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,157,026 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,129,613 |
| 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. | $259,034 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,476,267 |
| Pension plan accruals and contributions | $1,916,246 |
| Other employee benefits | $881,007 |
| Payroll taxes | $280,314 |
| Fees for services: Management | $592,701 |
| Fees for services: Legal | $332,173 |
| Fees for services: Accounting | $24,309 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $91,294 |
| Fees for services: Other | $2,043,261 |
| Advertising and promotion | $0 |
| Office expenses | $731,492 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,334,819 |
| Travel | $133,134 |
| 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 | $473,482 |
| Insurance | $344,305 |
| All other expenses | $552,311 |
| Total functional expenses | $17,322,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,311,764 |
| Savings and temporary cash investments | $243,991 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,624,909 |
| 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 | $60,542 |
| Net Land, buildings, and equipment | $1,912,387 |
| Investments—publicly traded securities | $44,810,132 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,580 |
| Total assets | $51,972,305 |
| Accounts payable and accrued expenses | $1,449,798 |
| 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 | $1,449,798 |
| 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 | $50,522,507 |
| Total liabilities and net assets/fund balances | $51,972,305 |
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|---|---|---|
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United Teachers Los Angeles Los Angeles, CA | $51,917,660 | $49,880,266 |
Relay Resources Portland, OR | $80,529,576 | $46,227,388 |
Goodwill Of Silicon Valley San Jose, CA | $59,050,824 | $57,891,115 |
Goodwill Retail Services Los Angeles, CA | $8,869,033 | $46,029,774 |
Union Of California State Workers Sacramento, CA | $36,503,643 | $45,747,790 |
Service Employees International Union Oakland, CA | $59,492,320 | $48,330,532 |
United Brotherhood Of Carpenters & Joiners Of America Oakland, CA | $230,758,063 | $85,724,853 |
Goodwill Industries Of The Inland Northwest Spokane, WA | $53,261,849 | $45,729,944 |
United Brotherhood Of Carpenters & Joiners Of America Kent, WA | $80,833,158 | $47,400,322 |
Directors Guild Of America Inc Los Angeles, CA | $101,897,715 | $40,881,424 |
Goodwill Central Coast Salinas, CA | $49,744,210 | $43,258,150 |