Southwest Carpenters Training Fund
- Assets
- $45.9m
- Revenue
- $36.6m
- Investments
- $6.3m
- Employees
- 116
- Location
- Los Angeles, CA
- Founding
- 04/1964
- Data as of
- 12/2021
- EIN
- 95-2106266
Organization Overview
Southwest Carpenters Training Fund is located in Los Angeles, CA. The organization was established in 1964. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Southwest Carpenters Training Fund employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Carpenters 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 12/2021, Southwest Carpenters Training Fund generated $36.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $36.8m during the year ending 12/2021. While expenses have increased by 3.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATION AND TRAINING TO MEMBERS WHO ARE TO BECOME CARPENTERS APPRENTICES FOR JOB SITE CONSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Ontiveros Training Director | Officer | 40 | $219,899 |
Galo Toapanta Instructor | 40 | $154,324 | |
Victor M Sandoval Instructor | 40 | $150,791 | |
Eugene L Benavente Instructor | 40 | $149,431 | |
Adam J Kawamoto Instructor | 40 | $149,273 | |
Michael Patrick Orta Instructor | 40 | $147,873 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Carpenters Southwest Administrative Corp Administrative Services | 12/30/21 | $648,762 |
Decarlo Shanley Attorneys At Law Legal Services | 12/30/21 | $148,284 |
Washington Capital Management Consulting Services | 12/30/21 | $112,632 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,534,685 |
| All other contributions, gifts, grants, and similar amounts not included above | $476,164 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,010,849 |
| Total Program Service Revenue | $34,068,984 |
| Investment income | $591,386 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $78,711 |
| Net Gain/Loss on Asset Sales | -$114,425 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,635,505 |
| 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. | $258,769 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,772,165 |
| Pension plan accruals and contributions | $1,398,802 |
| Other employee benefits | $1,480,221 |
| Payroll taxes | $799,827 |
| Fees for services: Management | $513,747 |
| Fees for services: Legal | $176,197 |
| Fees for services: Accounting | $44,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,432 |
| Fees for services: Other | $210,422 |
| Advertising and promotion | $0 |
| Office expenses | $1,371,990 |
| Information technology | $5,214 |
| Royalties | $0 |
| Occupancy | $10,237,459 |
| Travel | $1,107,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,241 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $829,207 |
| Insurance | $684,963 |
| All other expenses | $263,695 |
| Total functional expenses | $36,829,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,679,924 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,248,515 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $505,489 |
| Prepaid expenses and deferred charges | $292,670 |
| Net Land, buildings, and equipment | $3,517,979 |
| Investments—publicly traded securities | $21,027,007 |
| Investments—other securities | $6,336,286 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $258,567 |
| Total assets | $45,866,437 |
| Accounts payable and accrued expenses | $3,585,350 |
| 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 | $47,347 |
| Total liabilities | $3,632,697 |
| Net assets without donor restrictions | $42,233,740 |
| 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 | $45,866,437 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S E I U Uhw Local 2005 Oakland, CA | $84,720,726 | $115,747,893 |
Screen Actors Guild- American Federation Of Television And Radio Los Angeles, CA | $489,430,210 | $116,653,333 |
United Brotherhood Of Carpenters & Joiners Of America Los Angeles, CA | $343,008,964 | $113,955,046 |
Service Employees International Union Los Angeles, CA | $122,690,385 | $94,073,514 |
Service Employees International Union Los Angeles, CA | $37,940,292 | $71,749,846 |
International Union Of Operating Engineers Local 3 Alameda, CA | $96,789,606 | $67,758,955 |
Los Angeles County Professional Peace Officers Association San Dimas, CA | $7,676,247 | $51,684,882 |
United Teachers Los Angeles Los Angeles, CA | $51,917,660 | $49,880,266 |
Union Of California State Workers Sacramento, CA | $36,503,643 | $45,747,790 |
Service Employees International Union Oakland, CA | $59,492,320 | $48,330,532 |
United Brotherhood Of Carpenters & Joiners Of America Oakland, CA | $230,758,063 | $85,724,853 |
Directors Guild Of America Inc Los Angeles, CA | $101,897,715 | $40,881,424 |