Sheet Mental Workers Local 545 Training Fund
- Assets
- $61.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewiston, ME
- Founding
- 05/1978
- Data as of
- 06/2024
- EIN
- 01-0352616
Organization Overview
Sheet Mental Workers Local 545 Training Fund is located in Lewiston, ME. The organization was established in 1978. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheet Mental Workers Local 545 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 06/2024, Sheet Mental Workers Local 545 Training Fund generated $57.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $49.7k during the year ending 06/2024. While expenses have increased by 4.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
APPRENTICESHIP PRACTICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Lemieux Trustee | 2 | $0 | |
Jason Marcotte Training Coordinator | 2 | $0 | |
Brian Houle Trustee | 2 | $0 | |
Marc Dube Trustee | 2 | $0 | |
Mike Fecteau Trustee | 2 | $0 | |
Adam Wilson Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $57,289 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,317 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,698 |
| Occupancy, rent, utilities, and maintenance | $4,718 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,283 |
| Total expenses | $49,699 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,444 |
| Other assets | $0 |
| Total assets | $61,444 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,444 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Landing School Of Boatbuilding And Design Arundel, ME | $2,702,812 | $2,417,184 |
Manufacturing Extension Partnership Of New Hampshire Inc Concord, NH | $374,554 | $1,117,469 |
Maine Energy Marketers Association Education Foundation Brunswick, ME | $2,143,255 | $1,147,283 |
Augusta Electrical Joint Apprenticeship And Training Fund Newport, ME | $1,092,903 | $952,842 |
Friends Of Spannocchia Portland, ME | $340,920 | $567,761 |
Portland Electrical Joint Apprenticeship & Training Fund Lewiston, ME | $831,468 | $703,787 |
Coreys Closet Manchester, NH | $30,277 | $451,602 |
Southern Maine Workers Center Portland, ME | $584,921 | $457,303 |
Common Threads Of Maine Westbrook, ME | $29,255 | $202,099 |
Sheet Mental Workers Local 545 Training Fund Lewiston, ME | $61,444 | $0 |
Northeastern Lumber Manufacturers Institute Cumberland Center, ME | $586,987 | $29,958 |