Wisconsin Laborers Apprenticeship And Training Fund is located in Deforest, WI. The organization was established in 2003. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 05/2023, Wisconsin Laborers Apprenticeship And Training Fund employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Laborers Apprenticeship And Training 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 05/2023, Wisconsin Laborers Apprenticeship And Training Fund generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $2.4m during the year ending 05/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING AND SKILL IMPROVEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRAINING AND IMPROVE THE SKILLS OF THE MEMBERS AT YEAR END
TO PROVIDE TRAINING AND IMPROVE THE SKILLS OF THE MEMBERS AT YEAR END.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kent Miller Union Trustee | Trustee | 3 | $0 |
James Foye Union Trustee | Trustee | 3 | $0 |
Brian Dehnhoff Union Trustee | Trustee | 3 | $0 |
Tony Neira Union Trustee | Trustee | 3 | $0 |
Clark Jensen Union Trustee | Trustee | 3 | $0 |
Gerald Schomaker Union Trustee | Trustee | 3 | $0 |
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 | $2,908,182 |
Investment income | $23,601 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $195,210 |
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 | $3,126,993 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $800,885 |
Pension plan accruals and contributions | $393,696 |
Other employee benefits | $177,528 |
Payroll taxes | $67,398 |
Fees for services: Management | $0 |
Fees for services: Legal | $645 |
Fees for services: Accounting | $15,393 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,121 |
Fees for services: Other | $2,525 |
Advertising and promotion | $1,255 |
Office expenses | $104,482 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $223,087 |
Travel | $261,158 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $177,752 |
Depreciation, depletion, and amortization | $58,621 |
Insurance | $40,066 |
All other expenses | $0 |
Total functional expenses | $2,389,167 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $195,413 |
Savings and temporary cash investments | $5,784,931 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $278,312 |
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 | $17,553 |
Net Land, buildings, and equipment | $12,386,888 |
Investments—publicly traded securities | $497,245 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $9,016 |
Total assets | $19,169,358 |
Accounts payable and accrued expenses | $97,240 |
Grants payable | $0 |
Deferred revenue | $19,548 |
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 | $4,996 |
Total liabilities | $121,784 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $19,047,574 |
Total liabilities and net assets/fund balances | $19,169,358 |