The Fund For The Training Of Apprentices And Journeymen

Organization Overview

The Fund For The Training Of Apprentices And Journeymen is located in Savoy, IL. The organization was established in 2004. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, Fund For The Training Of Apprentices And Journeymen employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fund For The Training Of Apprentices And Journeymen is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 06/2022, Fund For The Training Of Apprentices And Journeymen generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $783.2k during the year ending 06/2022. While expenses have increased by 6.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE TRAINING AND EDUCATION TO APPRENTICES AND JOURNEYMEN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATING EXPENSES INCURRED ARE FOR THE BENEFIT OF TRAINING APPRENTICES AND PROVIDING CONTINUING EDUCATION FOR EXISTING MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Derek Reedy
Training Director
$128,938
Benjamin Bangert
Trustee
$7,257
Matt Kelly
Secretary
$883
Mike Meislahn
President
$0
Kevin Sage
Trustee
$0
Brad Houk
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $60,389
All other contributions, gifts, grants, and similar amounts not included above$708,000
Noncash contributions included in lines 1a–1f $705,000
Total Revenue from Contributions, Gifts, Grants & Similar$768,389
Total Program Service Revenue$865,950
Investment income $4,760
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 $1,639,099

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