Local 147 Training Fund

Organization Overview

Local 147 Training Fund is located in Bronx, NY. The organization was established in 2000. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2023, Local 147 Training Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 147 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 12/2023, Local 147 Training Fund generated $199.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $148.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE TRAINING AND EDUCATION TO THE MEMBERS OF LOCAL 147 CONSTRUCTION WORKERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONFERENCES AND EDUCATIONAL CLASSES TO EDUCATE MEMBERS OF ALL SAFETY FEATURES ON THE JOB.


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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$85,727
Investment income $33,863
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $79,826
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $199,416

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