Construction Laborers Education And Training Fund Of Mnesota & N Dkota

Organization Overview

Construction Laborers Education And Training Fund Of Mnesota & N Dkota is located in Lino Lakes, MN. The organization was established in 1990. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2022, Construction Laborers Education And Training Fund Of Mnesota & N Dkota employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Construction Laborers Education And Training Fund Of Mnesota & N Dkota is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2022, Construction Laborers Education And Training Fund Of Mnesota & N Dkota generated $6.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $4.7m during the year ending 12/2022. While expenses have increased by 3.6% 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

APPRENTICESHIP TRAINING FUND

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ESTABLISH, OPERATE AND MAINTAIN A SCHOOL, AND EDUCATION AND TRAINING PROGRAMS FOR AND ON BEHALF OF PARTICIPANTS, INCLUDING SKILL IMPROVEMENT, SAFETY AND TRAINING, FOR UNSKILLED WORKERS AND TRAINEES, EMPLOYEE OR INSTRUCTOR TRAINING IN THE CONSTRUCTION INDUSTRY AND RELATED OCCUPATIONS,INCLUDING, WITHOUT LIMITATION, COURSES OF INSTRUCTION, INSTITUTES, CONFERENCES AND EDUCATIONAL MEETINGS, AND TO PAY THE EXPENDITURES FOR THE OPERATION AND MAINTENANCE OF SUCH SCHOOL OR TRAINING PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Stacey Karels
Trustee
$0
Joe Fowler
Chairman
$0
Chris Peltier
Trustee
$0
Shawn Braford
Trustee
$0
Fred Chase
Trustee
$0
Bill Fritz
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$6,381,343
Investment income $386,158
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 $6,769,789

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