Plumbers And Pipefitters Apprenticeship Fund
- Assets
- $18.8m
- Revenue
- $4.6m
- Investments
- $450.4k
- Employees
- 39
- Location
- Lanham, MD
- Founding
- 04/1975
- Data as of
- 08/2023
- EIN
- 53-0238659
Organization Overview
Plumbers And Pipefitters Apprenticeship Fund is located in Lanham, MD. The organization was established in 1975. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 08/2023, Plumbers And Pipefitters Apprenticeship Fund employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plumbers And Pipefitters Apprenticeship 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 08/2023, Plumbers And Pipefitters Apprenticeship Fund generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $4.5m during the year ending 08/2023. While expenses have increased by 4.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
APPRENTICE EDUCATION AND TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRAINING AND CONTINUED EDUCATION OF APPRENTICES AND JOURNEYMEN IN THE PLUMBING & PIPEFITTING INDUSTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher G Biondi Training Director | Trustee | 40 | $143,122 |
Terriea Smalls Union Trustee | Trustee | 1 | $0 |
James Rivera Union Trustee | Trustee | 1 | $0 |
Danny Barnes Union Trustee | Trustee | 1 | $0 |
Erik Harley Employer Trustee | Trustee | 1 | $0 |
Michael Jenkins Employer Trustee | Trustee | 1 | $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 | $4,409,693 |
| Investment income | $65,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,177 |
| 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 | $4,574,918 |
| 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 | $1,375,925 |
| Pension plan accruals and contributions | $396,879 |
| Other employee benefits | $293,642 |
| Payroll taxes | $96,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88,399 |
| Fees for services: Accounting | $37,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,875 |
| Fees for services: Other | $40,278 |
| Advertising and promotion | $8,306 |
| Office expenses | $137,391 |
| Information technology | $73,800 |
| Royalties | $0 |
| Occupancy | $365,735 |
| Travel | $770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,820 |
| Interest | $311,731 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $549,945 |
| Insurance | $63,688 |
| All other expenses | $0 |
| Total functional expenses | $4,476,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $3,635,384 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $517,615 |
| 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 | $3,113 |
| Net Land, buildings, and equipment | $13,267,143 |
| Investments—publicly traded securities | $923,564 |
| Investments—other securities | $450,403 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,797,422 |
| Accounts payable and accrued expenses | $407,505 |
| 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 | $6,236,860 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,644,365 |
| Net assets without donor restrictions | $12,153,057 |
| 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 | $18,797,422 |