Plumbers & Pipefitters 344 Joint Apprentice & Training Committee
- Assets
- $2.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 26
- Location
- Oklahoma City, OK
- Founding
- 02/1975
- Data as of
- 12/2023
- EIN
- 73-0949245
Organization Overview
Plumbers & Pipefitters 344 Joint Apprentice & Training Committee is located in Oklahoma City, OK. 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 12/2023, Plumbers & Pipefitters 344 Joint Apprentice & Training Committee employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plumbers & Pipefitters 344 Joint Apprentice & Training 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 12/2023, Plumbers & Pipefitters 344 Joint Apprentice & Training Committee generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 9 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
EDUCATION FOR PLUMBERS AND PIPEFITTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL OFFERS A FIVE YEAR EDUCATION PROGRAM FOR APPRENTICES TO BECOME JOURNEYMEN PLUMBERS AND PIPEFITTERS AS WELL AS UPGRADING THE SKILLS OF JOURNEYMEN IN THE PLUMBING AND PIPEFITTING TRADES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy O'donnell Executive Dir. | Officer | 45 | $121,833 |
Gary Cartwright Trustee | Trustee | 2 | $0 |
Ronnie Smith Trustee | Trustee | 2 | $0 |
James Clouse Trustee | Trustee | 2 | $0 |
Patrick Gray Trustee | Trustee | 2 | $0 |
Jake Matherly Trustee | Trustee | 2 | $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 | $13,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,000 |
| Total Program Service Revenue | $1,336,163 |
| Investment income | $83,013 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$5,322 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,482,024 |
| 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. | $188,018 |
| Compensation of current officers, directors, key employees. | $56,405 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $449,486 |
| Pension plan accruals and contributions | $90,143 |
| Other employee benefits | $50,680 |
| Payroll taxes | $44,645 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,022 |
| Fees for services: Accounting | $22,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,931 |
| Office expenses | $6,968 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,993 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,782 |
| Interest | $333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,215 |
| Insurance | $40,066 |
| All other expenses | $83,764 |
| Total functional expenses | $1,358,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400,532 |
| Savings and temporary cash investments | $0 |
| 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 | $294,333 |
| Investments—publicly traded securities | $1,702,040 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,396,905 |
| Accounts payable and accrued expenses | $2,176 |
| 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 | $2,176 |
| Net assets without donor restrictions | $2,394,729 |
| 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 | $2,396,905 |