Joint Apprenticeship Program Fund Asbestos Workers Local No 2
- Assets
- $6.1m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Aliquippa, PA
- Founding
- 09/1991
- Data as of
- 04/2022
- EIN
- 25-1626269
Organization Overview
Joint Apprenticeship Program Fund Asbestos Workers Local No 2 is located in Aliquippa, PA. The organization was established in 1991. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 04/2022, Joint Apprenticeship Program Fund Asbestos Workers Local No 2 employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joint Apprenticeship Program Fund Asbestos Workers Local No 2 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 04/2022, Joint Apprenticeship Program Fund Asbestos Workers Local No 2 generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $1.1m during the year ending 04/2022. While expenses have increased by 10.1% 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
APPRENTICESHIP PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING OF APPRENTICES IN THE INSULATING TRADE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Seiler Director | Trustee | 45 | $116,527 |
Bradley Schafer Union Trustee | Trustee | 1 | $1,767 |
Matthew Floyd Union Trustee | Trustee | 1 | $1,067 |
John Hoolahan Employer Trustee | Trustee | 1 | $0 |
Robert Alt Alt. Union Trustee | Trustee | 1 | $0 |
Michael Bianchi Union Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $62,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,051 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,551 |
| Total Program Service Revenue | $4,065,305 |
| Investment income | $2,091 |
| 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 | $4,157,947 |
| 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. | $120,846 |
| Compensation of current officers, directors, key employees. | $62,019 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,950 |
| Pension plan accruals and contributions | $162,772 |
| Other employee benefits | $83,905 |
| Payroll taxes | $24,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,158 |
| Fees for services: Accounting | $6,700 |
| 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 | $17,908 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $627 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,268 |
| Insurance | $9,081 |
| All other expenses | $8,330 |
| Total functional expenses | $1,107,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,022,606 |
| Savings and temporary cash investments | $927,893 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $517,153 |
| 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 | $4,705 |
| Net Land, buildings, and equipment | $639,360 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,111,717 |
| Accounts payable and accrued expenses | $101,446 |
| 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 | $0 |
| Total liabilities | $101,446 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $6,010,271 |
| 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 | $6,111,717 |
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|---|---|---|
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