Cement Masons Local 524 Apprentice Training & Retraining Fund
- Assets
- $388.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 12/1965
- Data as of
- 05/2022
- EIN
- 31-6059403
Organization Overview
Cement Masons Local 524 Apprentice Training & Retraining Fund is located in Cincinnati, OH. The organization was established in 1965. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cement Masons Local 524 Apprentice Training & Retraining Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 05/2022, Cement Masons Local 524 Apprentice Training & Retraining Fund generated $98.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $101.9k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED CLASSROOM INSTRUCTION, ON THE JOB TRAINING, SAFETY CLASSES AND COMPETITIONS TO APPRENTICE CEMENT MASONS OF CEMENT MASONS LOCAL 524.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Neumann Trustee | 1 | $0 | |
Joseph Ciacchi Trustee | 1 | $0 | |
Matthew Grandstaff Trustee | 1 | $0 | |
Andrew Kitchens Business Agent | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $87,080 |
| Membership dues | $0 |
| Investment income | $11,450 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6 |
| Total Revenue | $98,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,201 |
| Occupancy, rent, utilities, and maintenance | $7,154 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $93,565 |
| Total expenses | $101,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $388,817 |
| Other assets | $0 |
| Total assets | $388,817 |
| Total liabilities | $220,122 |
| Net assets or fund balances | $168,695 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edison Welding Institute Inc Columbus, OH | $23,258,662 | $30,160,684 |
W E Upjohn Unemployment Trustee Corporation Kalamazoo, MI | $279,939,178 | $28,869,507 |
Alternative Services Inc Livonia, MI | $7,366,865 | $19,260,282 |
Eastern Kentucky Concentrated Employment Program Inc Hazard, KY | $3,193,926 | $15,607,928 |
Berrien-Cass-Vanburen Workforce Development Board Inc Benton Harbor, MI | $2,581,468 | $13,721,312 |
Jobworks Inc Fort Wayne, IN | $2,850,480 | $13,765,612 |
Ohio Operating Engineers Apprenticeship Fund Columbus, OH | $28,221,332 | $11,797,420 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |
United Labor Agency Inc Cleveland, OH | $1,262,964 | $7,870,324 |
Hobart Institute Of Welding Technology Troy, OH | $21,990,854 | $8,624,823 |
International Union Of Operating Engineers Local 324 Health & Welfa Troy, MI | $11,444,859 | $7,479,654 |
Eastern Atlantic States Carpenters Technical College Philadelphia, PA | $14,328,660 | $6,924,336 |