Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training
- Assets
- $1.7m
- Revenue
- $500.9k
- Investments
- $0.0
- Employees
- 12
- Location
- Lexington, KY
- Founding
- 10/1994
- Data as of
- 06/2022
- EIN
- 61-1257362
Organization Overview
Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training is located in Lexington, KY. The organization was established in 1994. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Plumbers & Pipefitters Local No 452 Joint Apprenticeship And Training generated $500.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $451.0k during the year ending 06/2022. While expenses have increased by 10.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING PROGRAM FOR APPRENTICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRAINING/EDUCATION PROGRAM FOR APPRENTICES. ALSO TO PROVIDE SAFETY TRAINING TO JOURNEYMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Greene Emp Trustee | Trustee | 1 | $0 |
Chad Walter Emp Trustee | Trustee | 1 | $0 |
Doug Conley Business Man | Trustee | 2 | $0 |
Jimmy Preston Fin Secretar | Trustee | 10 | $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 | $421,804 |
| Investment income | $28,515 |
| 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 | $500,867 |
| 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. | $90,248 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,783 |
| Pension plan accruals and contributions | $52,119 |
| Other employee benefits | $22,351 |
| Payroll taxes | $13,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,713 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,425 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,719 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,797 |
| Insurance | $8,616 |
| All other expenses | $4,688 |
| Total functional expenses | $450,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $973,669 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,572 |
| 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 | $0 |
| Net Land, buildings, and equipment | $96,408 |
| Investments—publicly traded securities | $629,152 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,743,801 |
| Accounts payable and accrued expenses | $31,882 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,882 |
| Net assets without donor restrictions | $1,467,783 |
| Net assets with donor restrictions | $244,136 |
| 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 | $1,743,801 |
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| Organization Name | Assets | Revenue |
|---|---|---|
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Edison Welding Institute Inc Columbus, OH | $23,258,662 | $30,160,684 |
Operating Engineers Local 150 Apprenticeship Fund Countryside, IL | $65,849,227 | $38,699,525 |
Eastern Kentucky Concentrated Employment Program Inc Hazard, KY | $3,193,926 | $15,607,928 |
Jobworks Inc Fort Wayne, IN | $2,850,480 | $13,765,612 |
Vacation Fund Of Engineers Local 513 Bridgeton, MO | $4,041,633 | $12,513,206 |
Ibew Local 701 Vacation Fund Warrenville, IL | $3,565,124 | $11,822,716 |
Ohio Operating Engineers Apprenticeship Fund Columbus, OH | $28,221,332 | $11,797,420 |
Apprentice And Journeymen Education And Training Trust Fund U/A 130 Chicago, IL | $39,945,456 | $7,959,512 |
United Labor Agency Inc Cleveland, OH | $1,262,964 | $7,870,324 |
Hobart Institute Of Welding Technology Troy, OH | $21,990,854 | $8,624,823 |
Illinois Laborers & Contractors Training Trust Fund Mt Sterling, IL | $29,577,263 | $7,640,273 |