Painters Local Union 802 Apprenticeship And Training Fund is located in Madison, WI. The organization was established in 2018. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Painters Local Union 802 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 12/2021, Painters Local Union 802 Apprenticeship And Training Fund generated $495.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $513.2k during the year ending 12/2021. While expenses have increased by 8.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATES A TRAINING FACILITY TO EDUCATE, TRAIN, AND UPDGRADE MEMBERS IN THE PAINTING/DRYWALL FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION RELATED TO THE PAINTING AND DRYWALL FIELD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Mehrhoff Chairman & Secretary | OfficerTrustee | 10 | $0 |
Amy Olson Management Trustee | OfficerTrustee | 10 | $0 |
Adam Gifford Labor Trustee | Trustee | 10 | $0 |
Steve Armbrecht Labor Trustee | Trustee | 10 | $0 |
Pete Braun Management Trustee | Trustee | 10 | $0 |
Mike Malofsky Management Trustee | Trustee | 10 | $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 | $475,870 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $19,850 |
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 | $495,720 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $9,000 |
Fees for services: Legal | $9,102 |
Fees for services: Accounting | $10,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $20,879 |
Advertising and promotion | $0 |
Office expenses | $3,160 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,529 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,520 |
Interest | $16,311 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $40,900 |
Insurance | $5,292 |
All other expenses | $20,781 |
Total functional expenses | $513,206 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $625,391 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $39,749 |
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 | $3,536 |
Net Land, buildings, and equipment | $1,236,965 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,905,641 |
Accounts payable and accrued expenses | $37,927 |
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 | $444,962 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $482,889 |
Net assets without donor restrictions | $1,422,752 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,905,641 |
Organization Name | Assets | Revenue |
---|---|---|
Dunwoody College Of Technology Minneapolis, MN | $75,471,326 | $53,531,769 |
Erikson Institute Chicago, IL | $79,908,682 | $23,706,409 |
Michigan Virtual University Lansing, MI | $20,118,001 | $24,041,661 |
Alternative Schools Network Chicago, IL | $3,716,420 | $15,119,021 |
Milwaukee Area Technical College Foundation Inc Milwaukee, WI | $33,356,211 | $18,292,742 |
Discovery World Ltd Milwaukee, WI | $54,832,813 | $7,226,516 |
Chicago Area Painting & Decorating Joint Apprenticeship & Train Comm Berkeley, IL | $22,598,762 | $6,295,488 |
Minnesota New Country School Henderson, MN | $1,127,805 | $3,737,016 |
Turkish American Society Inc Mount Prospect, IL | $9,952,466 | $3,661,400 |
Minneapolis Pipefitters Joint Journeymen And Apprentice Training Brooklyn Park, MN | $15,538,890 | $2,978,967 |
Concerned Inc Harlan, IA | $2,766,277 | $2,998,754 |
Plumbing And Pipefitting Educational Program Appleton, WI | $1,943,738 | $2,838,447 |