L U No 488 Ibew Joint Apprenticeship Training Fund

Organization Overview

L U No 488 Ibew Joint Apprenticeship Training Fund is located in Monroe, CT. The organization was established in 1978. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, L U No 488 Ibew Joint Apprenticeship Training Fund employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L U No 488 Ibew Joint Apprenticeship Training Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 12/2021, L U No 488 Ibew Joint Apprenticeship Training Fund generated $444.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $510.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE AS A TRAINING ORGANIZATION FOR FUTURE ELECTRICIANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES EDUCATION & TRAINING OF INDIVIDUALS SERVING THEIR APPRENTICESHIP AS ELECTRICIANS. APPRENTICESHIP TRAINING PROVIDED FOR 68 INDIVIDUALS AT VARIOUS STAGES OF THEIR 5 YEAR PROGRAM.


THE ORGANIZATION PROVIDES CONTINUING EDUCATION & TRAINING OF CURRENT JOURNEYMAN ELECTRICIANS. STATE MANDATED CONTINUING EDUCATION PROVIDED FOR JOURNEYMAN ELECTRICIANS. OSHA TRAINING PROVIDED FOR INDIVIDUALS. FIRST AID & CPR TRAINING PROVIDED FOR MEMBERS.


PROVIDED A WEEK OF TRAINING FOR TEACHERS AND APPRENTICES AT THE NATIONAL TRAINING INSTITUTE.


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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$423,803
Investment income $19,213
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 $444,949

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