Billings Pipe Trades Apprentice & Journeyman Training Fund
- Assets
- $702.7k
- Revenue
- $588.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Billings, MT
- Founding
- 04/1975
- Data as of
- 07/2024
- EIN
- 81-0344080
Organization Overview
Billings Pipe Trades Apprentice & Journeyman Training Fund is located in Billings, MT. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Billings Pipe Trades Apprentice & Journeyman Training 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 07/2024, Billings Pipe Trades Apprentice & Journeyman Training Fund generated $588.3k 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 $558.7k during the year ending 07/2024. While expenses have increased by 6.5% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
STANDARDIZING, IMPROVING, TRAINING AND SUPERVISING INSTRUCTION PROGRAMS FOR APPRENTICES AND JOURNEYMEN OF THE PIPE TRADES PROFESSION IN THE BILLINGS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TESTED, TRAINED AND SUPERVISED INSTRUCTIONAL PROGRAMS FOR APPRENTICES AND JOURNEYMEN.
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 |
|---|---|---|---|
Mykal Jorgenson Coordinator | Officer | 0 | $128,294 |
Clint Mcculloch Trustee | Trustee | 0 | $0 |
Kevin Gentry Trustee | Trustee | 0 | $0 |
Stanford Stevens Trustee | Trustee | 0 | $0 |
Dan Glennon Treasurer | Trustee | 0 | $0 |
Mark Jones Trustee | Trustee | 0 | $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 | $548,007 |
| Investment income | $25,632 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$465 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $588,342 |
| 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. | $187,267 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,789 |
| Pension plan accruals and contributions | $14,975 |
| Other employee benefits | $19,331 |
| Payroll taxes | $18,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,930 |
| Fees for services: Other | $102 |
| Advertising and promotion | $2,295 |
| Office expenses | $11,626 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $61,490 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,296 |
| Insurance | $10,276 |
| All other expenses | $3,906 |
| Total functional expenses | $558,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,805 |
| Savings and temporary cash investments | $160,627 |
| 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 | $28,554 |
| Investments—publicly traded securities | $473,754 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $702,740 |
| Accounts payable and accrued expenses | $0 |
| 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 | $728 |
| Total liabilities | $728 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $702,012 |
| 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 | $702,740 |