Southwest Laborers Training And Apprenticeship Fund

Organization Overview

Southwest Laborers Training And Apprenticeship Fund, operating under the name Fund, is located in Springer, OK. The organization was established in 2010. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, Fund employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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, Fund generated $494.6k 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 (4.7%) each year. All expenses for the organization totaled $659.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) 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 RETRAINING OR REFRESHER TRAINING FOR EMPLOYEES AND OTHERS IN THE SKILLS AND JOBS WHICH ARE BENEFICIAL TO THE CONSTRUCTION INDUSTRY IN ARKANSAS, OKLAHOMA AND TEXAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE TRAINING AND RETRAINING OR REFRESHER TRAINING FOR EMPLOYEES AND OTHERS IN THE SKILLS AND JOBS WHICH ARE BENEFICIAL TO THE CONSTRUCTION INDUSTRY IN ARKANSAS, OKLAHOMA AND TEXAS.


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Board, Officers & Key Employees

Name (title)Compensation
Tanif Crotts
Trustee
$0
Arturo Delgado
Trustee
$0
Matt Gonzales
Trustee
$0
Reno Hammond
Secretary
$0
Jeremy Hendricks
Trustee
$0
Larry Jaramillo
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$452,534
Investment income $46,745
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$4,668
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $494,637

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