Local 8 Joint Apprentice Comm
- Assets
- $596.9k
- Revenue
- $439.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Long Island City, NY
- Founding
- 12/1970
- Data as of
- 12/2023
- EIN
- 11-1902592
Organization Overview
Local 8 Joint Apprentice Comm is located in Long Island City, NY. The organization was established in 1970. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, Local 8 Joint Apprentice Comm employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 8 Joint Apprentice Comm is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Local 8 Joint Apprentice Comm generated $439.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $440.5k during the year ending 12/2023. While expenses have increased by 5.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR ORGANIZATION WHICH PROVIDES TRAINING TO ITS MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RECRUIT AND TRAIN WORKERS FOR THE ROOFING AND WATERPROOFING INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Sabatino Employer Trustee | Trustee | 2 | $0 |
Scott Wolkowitz Employer Trustee | Trustee | 2 | $0 |
Nicholas Siciliano Union Trustee | Trustee | 2 | $0 |
Barry Schader Union Trustee | Trustee | 2 | $0 |
Robert Ventura Training Instructor/union | Trustee | 40 | $143,247 |
Shri Attri Employer Trustee | Trustee | 2 | $0 |
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 | $409,728 |
| Investment income | $5,384 |
| 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 | $439,938 |
| 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. | $143,247 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,688 |
| Pension plan accruals and contributions | $45,109 |
| Other employee benefits | $36,567 |
| Payroll taxes | $14,547 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,019 |
| Fees for services: Accounting | $14,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,646 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $67,500 |
| Travel | $4,872 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $247 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,228 |
| Insurance | $12,402 |
| All other expenses | $0 |
| Total functional expenses | $440,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,246 |
| Savings and temporary cash investments | $161,906 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,917 |
| 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 | $6,684 |
| Net Land, buildings, and equipment | $34,686 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $249,421 |
| Total assets | $596,860 |
| Accounts payable and accrued expenses | $6,707 |
| 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 | $294,428 |
| Total liabilities | $301,135 |
| Net assets without donor restrictions | $295,725 |
| 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 | $596,860 |