Pipefitters Education Fund Local Union 274

Organization Overview

Pipefitters Education Fund Local Union 274 is located in Hopatcong, NJ. The organization was established in 1968. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2020, Pipefitters Education Fund Local Union 274 employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pipefitters Education Fund Local Union 274 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 12/2020, Pipefitters Education Fund Local Union 274 generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.0m during the year ending 12/2020. While expenses have increased by 2.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE APPRENTICESHIP TRAINING AND CONTINUING EDUCATION FOR JOURNEYMEN FOR ELIGIBLE PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PIPEFITTING TRAINING FOR JOURNEYMEN & APPRENTICES OFLOCAL 274 PURSUANT TO THE TRUST AGREEMENT BETWEEN THEMECHANICAL CONTRACTORS ASSOCIATION & PIPEFITTERS LOCAL 274.


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Board, Officers & Key Employees

Name (title)Compensation
Donald Bryne
Coordinator
$136,666
Daniel Fanuel
Instructor
$99,337
Scott Dowling
Coordinator
$30,971
Warren Stella
Trustee
$0
Michael Stiles
Trustee
$0
Kevin Armistead
Trustee
$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$952,804
Investment income $24,113
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 $1,076,327

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