Ironworkers Joint Apprenticeship & Training Fund
- Assets
- $570.5k
- Revenue
- $631.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Salt Lake City, UT
- Founding
- 03/1973
- Data as of
- 05/2021
- EIN
- 87-0293690
Organization Overview
Ironworkers Joint Apprenticeship & Training Fund is located in Salt Lake City, UT. The organization was established in 1973. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 05/2021, Ironworkers Joint Apprenticeship & Training Fund employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ironworkers Joint Apprenticeship & Training Fund 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 05/2021, Ironworkers Joint Apprenticeship & Training Fund generated $631.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $697.3k during the year ending 05/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING OF APPRENTICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
3
TOOLS AND DRUG TESTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Levi Velasquez Director | OfficerTrustee | 40 | $89,115 |
Wesley Peay Trustee | Trustee | 0.25 | $0 |
David Lloyd Trustee | Trustee | 0.25 | $0 |
Kraig Iverson Trustee | Trustee | 0.25 | $0 |
Mark Olsen Trustee | Trustee | 0.25 | $0 |
Matt Blase Turstee | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $103 |
| 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 | $631,792 |
| Statement of Expenses | |
|---|---|
| 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. | $133,547 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $165,652 |
| Pension plan accruals and contributions | $34,092 |
| Other employee benefits | $14,560 |
| Payroll taxes | $19,424 |
| Fees for services: Management | $9,942 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,790 |
| 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 | $39,295 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $104,295 |
| Travel | $6,404 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,402 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,397 |
| Insurance | $20,307 |
| All other expenses | $0 |
| Total functional expenses | $697,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,601 |
| Savings and temporary cash investments | $101,967 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $117,337 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,864 |
| Prepaid expenses and deferred charges | $12,246 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $570,536 |
| Accounts payable and accrued expenses | $56,811 |
| 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 | $35,048 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $91,859 |
| 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 |
| Total liabilities and net assets/fund balances | $478,677 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ironworkers Joint Apprenticeship & Training Fund has recieved totaling $10,500.
| Awarding Organization | Amount |
|---|---|
American Federation Of Labor & Congress Of Industrial Orgs Salt Lake City, UT PURPOSE: SAFETY TRAINING | $10,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ubc National Job Corps Training Fund Inc Las Vegas, NV | $4,409,802 | $17,106,276 |
Southwestern Line Construction Electrical Joint Apprenticeship Albuquerque, NM | $14,369,563 | $8,044,899 |
Arizona Pipe Trades Joint Apprenticeship Trust Phoenix, AZ | $15,602,426 | $5,116,585 |
Nevada Partners Inc North Las Vegas, NV | $9,910,080 | $2,557,424 |
Mountain States Line Constructors Apprenticeship & Trng Joint Comm West Jordan, UT | $17,284,814 | $7,133,339 |
Join Inc Carson City, NV | $664,379 | $2,904,067 |
Independent Electrical Contractors Training Fund Inc Northglenn, CO | $9,955,340 | $3,926,354 |
Denver Electrical Joint Apprenticeship And Training Commit Denver, CO | $8,983,539 | $2,884,351 |
Construction Industry Training Council Of Colorado Inc Wheat Ridge, CO | $7,748,373 | $2,215,735 |
Womens Bean Project Denver, CO | $7,419,490 | $2,971,101 |
Utah Electrical Joint Apprenticeship And Training West Jordan, UT | $10,372,737 | $2,666,640 |
Northern Nevada Joint Apprentice & Training Comm For Elec Industry Reno, NV | $4,666,212 | $2,515,472 |