Memphis Plumbers Joint Apprenticeship Committee
- Assets
- $595.2k
- Revenue
- $453.8k
- Investments
- $0.0
- Employees
- 10
- Location
- Memphis, TN
- Founding
- 08/2004
- Data as of
- 10/2022
- EIN
- 62-0586821
Organization Overview
Memphis Plumbers Joint Apprenticeship Committee is located in Memphis, TN. The organization was established in 2004. 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 10/2022, Memphis Plumbers Joint Apprenticeship Committee employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memphis Plumbers Joint Apprenticeship Committee 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 10/2022, Memphis Plumbers Joint Apprenticeship Committee generated $453.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $439.2k during the year ending 10/2022. While expenses have increased by 7.3% 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
TO PREPARE INDIVIDUALS TO BE SKILLED CRAFT WORKERS AND TO INSURE INDUSTRY AN ADEQUATE SUPPLY OF SKILLED WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARRANGED FOR APPRENTICES TO GET REQUIRED ON THE JOB TRAINING. MONITORED AND EVALUATED APPRENTICES PROGRESS. ADMINISTERED A TRAINING PROGRAM FOR JOURNEY WORKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lonnie J Coomes Training Dir | Officer | 40 | $76,012 |
Brandon M Osbahr Chairman | OfficerTrustee | 2 | $0 |
David Sink Jr Secretary/tr | OfficerTrustee | 1 | $0 |
Bobby Boyle Trustee | Trustee | 1 | $0 |
Steve Hardy Trustee | Trustee | 1 | $0 |
Brad Norris 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 | $16,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,500 |
| Total Program Service Revenue | $437,226 |
| Investment income | $31 |
| 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 | $453,757 |
| 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. | $76,012 |
| Compensation of current officers, directors, key employees. | $7,601 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,891 |
| Pension plan accruals and contributions | $34,503 |
| Other employee benefits | $12,896 |
| Payroll taxes | $14,911 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,350 |
| Fees for services: Accounting | $1,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,050 |
| Advertising and promotion | $0 |
| Office expenses | $8,251 |
| Information technology | $5,404 |
| Royalties | $0 |
| Occupancy | $34,232 |
| Travel | $17,693 |
| 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 | $22,069 |
| Insurance | $2,903 |
| All other expenses | $0 |
| Total functional expenses | $439,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $308,667 |
| Savings and temporary cash investments | $153,182 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $133,343 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $595,192 |
| Accounts payable and accrued expenses | $12,694 |
| 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 | $12,694 |
| 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 | $582,498 |
| Total liabilities and net assets/fund balances | $595,192 |
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