Ibew Apprenticeship And Training Fund-1
- Assets
- $3.0m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 53
- Location
- St Louis, MO
- Founding
- 08/1956
- Data as of
- 12/2021
- EIN
- 43-0695816
Organization Overview
Ibew Apprenticeship And Training Fund-1 is located in St Louis, MO. The organization was established in 1956. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Ibew Apprenticeship And Training Fund-1 employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ibew Apprenticeship And Training Fund-1 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Ibew Apprenticeship And Training Fund-1 generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 3.5% 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
APPRENTICE TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRAINING AND CLASSES FOR JOURNEYMAN AND APPRENTICES WHO ARE MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Jacobs Chairman | OfficerTrustee | 0 | $0 |
Douglas R Martin Secretary | OfficerTrustee | 0 | $0 |
Robert Kaemmerlen Jr Trustee | Trustee | 0 | $0 |
Bob Senf Trustee | Trustee | 0 | $0 |
Steven Muehling Trustee | Trustee | 0 | $0 |
Jim Reinheimer Jr Trustee | Trustee | 0 | $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 | $2,957,293 |
| Investment income | $4,035 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,150 |
| Net Gain/Loss on Asset Sales | $478 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$135,411 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,853,389 |
| 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 | $1,321,809 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $417,565 |
| Payroll taxes | $93,293 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $64,364 |
| Fees for services: Accounting | $16,199 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,505 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $73,524 |
| Information technology | $31,581 |
| Royalties | $0 |
| Occupancy | $178,916 |
| Travel | $9,582 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,411 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,585 |
| Insurance | $51,094 |
| All other expenses | $13,918 |
| Total functional expenses | $2,377,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,994,009 |
| Savings and temporary cash investments | $24,096 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $318,714 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $66,712 |
| Prepaid expenses and deferred charges | $7,034 |
| Net Land, buildings, and equipment | $357,208 |
| Investments—publicly traded securities | $195,819 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,963,592 |
| Accounts payable and accrued expenses | $27,778 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $281,850 |
| Other liabilities | $41,853 |
| Total liabilities | $351,481 |
| 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 | $2,612,111 |
| Total liabilities and net assets/fund balances | $2,963,592 |