Northwest Laborers-Employers Train
- Assets
- $26.7m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 62
- Location
- Bothell, WA
- Founding
- 12/1985
- Data as of
- 03/2023
- EIN
- 91-1283259
Organization Overview
Northwest Laborers-Employers Train is located in Bothell, WA. The organization was established in 1985. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 03/2023, Northwest Laborers-Employers Train employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Laborers-Employers Train 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 03/2023, Northwest Laborers-Employers Train generated $14.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $12.9m during the year ending 03/2023. While expenses have increased by 10.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TRAINING TO UNION MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CONTINUOUS WORKFORCE EDUCATION AND TRAINING THAT MEETS INDUSTRY NEEDS, BUILDS CAREERS, AND INCREASES PARTICIPATING EMPLOYERS' COMPETITIVE ADVANTAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Martin Chairman | OfficerTrustee | 1 | $0 |
Rod Majors Secretary | OfficerTrustee | 1 | $0 |
Brandon Dully Trustee | Trustee | 1 | $0 |
Dan Kuney Trustee | Trustee | 1 | $0 |
Andrew Ledbetter Trustee | Trustee | 1 | $0 |
Carl Stewart Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stay Beyond Inn & Suites Lodging | 3/30/23 | $175,260 |
Delta Guide Meridian Inc Lodging | 3/30/23 | $118,349 |
Zenith American Solutions Inc Administrator | 3/30/23 | $152,644 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,723 |
| 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 | $50,723 |
| Total Program Service Revenue | $13,296,347 |
| Investment income | $574,375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $70,941 |
| 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 | $14,679,424 |
| 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. | $218,385 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,927,442 |
| Pension plan accruals and contributions | $1,068,447 |
| Other employee benefits | $1,170,747 |
| Payroll taxes | $556,211 |
| Fees for services: Management | $149,400 |
| Fees for services: Legal | $50,809 |
| Fees for services: Accounting | $47,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,205 |
| Fees for services: Other | $8,301 |
| Advertising and promotion | $172,719 |
| Office expenses | $272,087 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $450,925 |
| Travel | $488,126 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,639 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $545,531 |
| Insurance | $217,191 |
| All other expenses | $0 |
| Total functional expenses | $12,946,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,579 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $209,532 |
| Accounts receivable, net | $1,183,802 |
| 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 | $3,909,388 |
| Investments—publicly traded securities | $20,274,237 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $828,415 |
| Total assets | $26,724,953 |
| Accounts payable and accrued expenses | $523,354 |
| Grants payable | $0 |
| Deferred revenue | $5,748 |
| 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 | $863,973 |
| Total liabilities | $1,393,075 |
| 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 | $25,331,878 |
| Total liabilities and net assets/fund balances | $26,724,953 |