North Atlantic States Carpenters Training Fund is located in Millbury, MA. The organization was established in 1983. 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, North Atlantic States Carpenters Training Fund employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Atlantic States Carpenters 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 12/2021, North Atlantic States Carpenters Training Fund generated $22.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $19.3m during the year ending 12/2021. While expenses have increased by 11.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE PLAN IS TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE PLAN IS TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Fischer Executive Director | Officer | 39 | $192,015 |
James Hayes Asst Director | Officer | 39 | $168,941 |
Eric Martinez Instructor | 40 | $141,572 | |
Ziven Drake Asst. Director | Officer | 40 | $140,785 |
Paul Blanchard Coordinator | 40 | $139,665 | |
Patrick Paul Instructor | 40 | $137,341 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Barone Construction Group Inc Const/maintenance | 12/30/21 | $3,356,868 |
Acoustical Building Supplies Training Mat/supp | 12/30/21 | $240,350 |
Premier Technology Solutions Information Tech | 12/30/21 | $231,323 |
United Rentals Training Rentals | 12/30/21 | $178,765 |
Baar Group Const/maintenance | 12/30/21 | $187,924 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,678,900 |
All other contributions, gifts, grants, and similar amounts not included above | $101,730 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,780,630 |
Total Program Service Revenue | $18,552,349 |
Investment income | $996,831 |
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 | $22,130,164 |
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. | $681,413 |
Compensation of current officers, directors, key employees. | $161,253 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,598,078 |
Pension plan accruals and contributions | $1,830,300 |
Other employee benefits | $1,093,527 |
Payroll taxes | $530,633 |
Fees for services: Management | $0 |
Fees for services: Legal | $147,864 |
Fees for services: Accounting | $75,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $59,805 |
Advertising and promotion | $0 |
Office expenses | $203,652 |
Information technology | $199,756 |
Royalties | $0 |
Occupancy | $2,831,665 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $183,401 |
Interest | $145,259 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,222,300 |
Insurance | $469,925 |
All other expenses | $308,181 |
Total functional expenses | $19,346,233 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,089 |
Savings and temporary cash investments | $3,378,669 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,726,475 |
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 | $66,391 |
Net Land, buildings, and equipment | $27,249,401 |
Investments—publicly traded securities | $29,609,374 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $9,413,035 |
Total assets | $72,466,434 |
Accounts payable and accrued expenses | $844,641 |
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 | $13,989,356 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $14,833,997 |
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 | $57,632,437 |
Total liabilities and net assets/fund balances | $72,466,434 |
Over the last fiscal year, we have identified 1 grants that North Atlantic States Carpenters Training Fund has recieved totaling $4,000,000.
Awarding Organization | Amount |
---|---|
United Brotherhood Of Carpenters & Joiners Of America Boston, MA PURPOSE: SUPPORT FOR TRAINING. | $4,000,000 |
Organization Name | Assets | Revenue |
---|---|---|
North Atlantic States Carpenters Training Fund Millbury, MA | $72,466,434 | $22,130,164 |
Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa New York, NY | $32,423,989 | $13,554,381 |
Groundtruth Project Inc Boston, MA | $12,977,835 | $12,726,930 |
Skills For Rhode Islands Future Providence, RI | $3,601,484 | $11,174,331 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Liuna Training And Education Fund Pomfret Center, CT | $19,387,955 | $9,381,853 |
Joint Apprenticeship And Training Trust Fund Local 103 Ibew Boston, MA | $13,179,581 | $8,861,151 |
National Automatic Sprinkler Industry Apprentice And Training New Milford, CT | $8,318,559 | $7,669,959 |
Opportunities For A Better Tomorrow Inc Brooklyn, NY | $2,168,451 | $7,819,105 |
Daybreak Independent Service Inc Yonkers, NY | $5,959,924 | $7,495,936 |
District Council 37 Educational Fund New York, NY | $10,076,820 | $7,327,627 |