Local Union No 125 Jatc Fund

Organization Overview

Local Union No 125 Jatc Fund is located in Cedar Rapids, IA. The organization was established in 2002. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 04/2022, Local Union No 125 Jatc Fund employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Union No 125 Jatc 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 04/2022, Local Union No 125 Jatc Fund generated $2.0m 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 (3.4%) each year. All expenses for the organization totaled $1.8m during the year ending 04/2022. 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

TO PROVIDE PLUMBING AND PIPEFITTING TRAINING FOR APPRENTICES AND JOURNEYMEN IN EASTERN IOWA. IT IS A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRAINING SERVICES FOR APPRENTICES AND JOURNEYMEN PLUMBERS AND PIPEFITTERS.


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Board, Officers & Key Employees

Name (title)Compensation
Dustin Ashmore
Training Dir
$93,392
Charles Davis
Training Dir
$42,647
Pat Oldham
Trustee
$2,184
Jeff Taylor
Alternate Tr
$393
Jim Germaine
Trustee
$0
Dave Huston
Alternate Tr
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $83,758
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$83,758
Total Program Service Revenue$1,455,104
Investment income $2,024
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,357
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 $1,959,097

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