Eastern Atlantic States Carpenters Technical College is located in Philadelphia, PA. The organization was established in 1989. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Eastern Atlantic States Carpenters Technical College employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Atlantic States Carpenters Technical College 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 06/2022, Eastern Atlantic States Carpenters Technical College generated $6.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $7.4m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE TRAINING FUND'S MISSION IS TO INSURE THAT THE LOCAL CONSTRUCTION INDUSTRY HAS A STEADY FLOW OF HIGHLY-SKILLED CARPENTERS AND EXPERIENCED SUPERVISORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING PROGRAMS FOR CARPENTERS AND APPRENTICES IN THE VARIOUS FIELDS OF CARPENTRY, CABINET MAKING, FLOORLAYING, MILLWRIGHT, LATHING & DOCK BUILDING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Landy Director | Officer | 50 | $176,659 |
Steve Young Instructor | 50 | $144,081 | |
Brandon Barrett Instructor | 50 | $143,596 | |
Aaron Greene Instructor | 50 | $136,565 | |
Stanley Durkalec Instructor | 50 | $134,420 | |
Francis Mcgahan Instructor | 50 | $130,314 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $660,555 |
Government grants | $597,861 |
All other contributions, gifts, grants, and similar amounts not included above | $62,160 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,320,576 |
Total Program Service Revenue | $5,003,185 |
Investment income | $205,860 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $31,802 |
Net Gain/Loss on Asset Sales | -$50,530 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,924,336 |
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. | $239,662 |
Compensation of current officers, directors, key employees. | $239,662 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,723,553 |
Pension plan accruals and contributions | $464,875 |
Other employee benefits | $456,161 |
Payroll taxes | $845,620 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,737 |
Fees for services: Accounting | $15,768 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $27,391 |
Fees for services: Other | $7,782 |
Advertising and promotion | $0 |
Office expenses | $242,308 |
Information technology | $117,526 |
Royalties | $0 |
Occupancy | $435,140 |
Travel | $20,298 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $34,882 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $480,875 |
Insurance | $109,057 |
All other expenses | $0 |
Total functional expenses | $7,386,063 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $74,975 |
Savings and temporary cash investments | $337,371 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $368,564 |
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 | $82,088 |
Net Land, buildings, and equipment | $7,444,128 |
Investments—publicly traded securities | $5,953,434 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $68,100 |
Total assets | $14,328,660 |
Accounts payable and accrued expenses | $97,977 |
Grants payable | $0 |
Deferred revenue | $2,589 |
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 | $123,655 |
Total liabilities | $224,221 |
Net assets without donor restrictions | $14,104,439 |
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 | $14,328,660 |
Over the last fiscal year, we have identified 1 grants that Eastern Atlantic States Carpenters Technical College has recieved totaling $8,000.
Awarding Organization | Amount |
---|---|
Jobs For The Future Inc Boston, MA PURPOSE: TO SUPPORT AMERICAN WORKFORCE AND EDUCATION | $8,000 |
Organization Name | Assets | Revenue |
---|---|---|
Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa New York, NY | $32,423,989 | $13,554,381 |
Ohio Operating Engineers Apprenticeship Fund Columbus, OH | $28,221,332 | $11,797,420 |
Northeast Carpenters Apprenticeship Fund Edison, NJ | $19,860,788 | $10,381,249 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Electrical Local No 26 Joint Apprenticeship & Training Tr Fund Lanham, MD | $29,794,692 | $14,296,333 |
Operating Engineers Local 825 Springfield, NJ | $22,861,458 | $9,545,959 |
Operating Engineers Local 825 Sub Fund Springfield, NJ | $82,702,164 | $12,313,269 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |
Mm&p Maritime Advancement Training Ed & Safety Program Linthicum Heights, MD | $12,191,670 | $4,959,385 |
United Labor Agency Inc Cleveland, OH | $1,262,964 | $7,870,324 |
Baltimore Corps Inc Baltimore, MD | $9,476,399 | $10,474,967 |