Joint Apprenticeship Program Fund Asbestos Workers Local No 2
- Assets
- $7.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Aliquippa, PA
- Founding
- 09/1991
- Data as of
- 04/2024
- 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 04/2024, Joint Apprenticeship Program Fund Asbestos Workers Local No 2 employed 5 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 04/2024, Joint Apprenticeship Program Fund Asbestos Workers Local No 2 generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $922.3k during the year ending 04/2024. While expenses have increased by 1.7% 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
2024
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 | $125,484 |
Michael Bianchi Union Trustee | Trustee | 1 | $1,874 |
Matthew Floyd Union Trustee | Trustee | 1 | $2,600 |
Bradley Schafer Union Trustee | Trustee | 1 | $2,222 |
William Crissman Employer Trustee | Trustee | 1 | $0 |
John Hoolahan Employer 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 | $17,909 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,909 |
| Total Program Service Revenue | $911,706 |
| Investment income | $91,743 |
| 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 | $1,021,358 |
| 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. | $424,546 |
| Compensation of current officers, directors, key employees. | $151,813 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,168 |
| Pension plan accruals and contributions | $38,796 |
| Other employee benefits | $18,888 |
| Payroll taxes | $24,233 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,292 |
| Fees for services: Accounting | $7,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,844 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $26,842 |
| 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 | $6,215 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,453 |
| Insurance | $13,357 |
| All other expenses | $4,679 |
| Total functional expenses | $922,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,566,363 |
| Savings and temporary cash investments | $961,374 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,489 |
| 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 | $11,407 |
| Net Land, buildings, and equipment | $586,019 |
| Investments—publicly traded securities | $3,256,668 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $289,798 |
| Total assets | $7,748,118 |
| Accounts payable and accrued expenses | $40,023 |
| 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 | $289,798 |
| Total liabilities | $329,821 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $7,418,297 |
| 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 | $7,748,118 |