Commercial Employees Local 94-94a Training Program
- Assets
- $9.6m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 34
- Location
- New York, NY
- Founding
- 12/1983
- Data as of
- 12/2023
- EIN
- 13-3056021
Organization Overview
Commercial Employees Local 94-94a Training Program is located in New York, NY. 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 12/2023, Commercial Employees Local 94-94a Training Program employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commercial Employees Local 94-94a Training Program 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 12/2023, Commercial Employees Local 94-94a Training Program generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. 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
THE PURPOSE OF THE FUND 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 FUND IS TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kuba Brown Trustee | Trustee | 1 | $0 |
Michael Gadaleta Trustee | Trustee | 1 | $0 |
Thomas Hart Trustee | Trustee | 1 | $0 |
Raymond Macco Trustee | Trustee | 1 | $0 |
Howard Rothschild Trustee | Trustee | 1 | $0 |
Nicholas Lanzillotto Trustee | Trustee | 1 | $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 | $100,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $2,232,938 |
| Investment income | $224,507 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,734 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,564,912 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $846,080 |
| Pension plan accruals and contributions | $200,260 |
| Other employee benefits | $70,648 |
| Payroll taxes | $71,580 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63,994 |
| Fees for services: Accounting | $58,852 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,130 |
| Fees for services: Other | $27,499 |
| Advertising and promotion | $0 |
| Office expenses | $91,604 |
| Information technology | $25,920 |
| Royalties | $0 |
| Occupancy | $498,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,542 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,807 |
| Insurance | $51,598 |
| All other expenses | $0 |
| Total functional expenses | $2,532,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,871 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $425,578 |
| 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 | $27,245 |
| Net Land, buildings, and equipment | $192,421 |
| Investments—publicly traded securities | $8,608,203 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,377 |
| Total assets | $9,582,695 |
| Accounts payable and accrued expenses | $421,071 |
| 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 | $11,053 |
| Total liabilities | $432,124 |
| 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 | $9,150,571 |
| Total liabilities and net assets/fund balances | $9,582,695 |