Florida Carpenters Training Trust Fund

Organization Overview

Florida Carpenters Training Trust Fund is located in Ft Lauderdale, FL. The organization was established in 1985. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2021, Florida Carpenters Training Trust Fund employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Carpenters Training Trust Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 06/2021, Florida Carpenters Training Trust Fund generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. While expenses have increased by 0.5% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FUNDS PURPOSE IS TO PROVIDE TRAINING AND EDUCATION BENEFITS TO ELIGIBLE PARTICIPANTS UNDER TERMS OF COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE VARIOUS EMPLOYERS AND THE FLORIDA CARPENTERS REGIONAL COUNCIL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION AND TRAINING FOR JOURNEYMEN AND APPRENTICES. AS WELL AS ADMINISTRATIVE EXPENSES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $630,115
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$630,115
Total Program Service Revenue$1,670,005
Investment income $38,300
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $15,180
Net Gain/Loss on Asset Sales $24,047
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,434,736

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