Asbestos Workers Joint Apprenticeship Fund is located in Ontario, CA. The organization was established in 1963. 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, Asbestos Workers Joint Apprenticeship Fund employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asbestos Workers Joint Apprenticeship 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 03/2023, Asbestos Workers Joint Apprenticeship Fund generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $1.6m during the year ending 03/2023. While expenses have increased by 7.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TRAINING, RETRAINING AND RELATED CLASSROOM INSTRUCTION TO THE ASBESTOS WORKERS IN THE SKILLS AND TECHNIQUES NECESSARY FOR THE PERFORMANCE OF THEIR WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRAINING, RETRAINING AND RELATED CLASSROOM INSTRUCTION TO THE ASBESTOS WORKERS IN THE SKILLS AND TECHNIQUES NECESSARY FOR THE PERFORMANCE OF THEIR WORK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Patterson Chairman/trustee | Trustee | 1 | $0 |
Guadalupe Moreno Training Director | 40 | $116,856 | |
Fredi Flores Trustee | Trustee | 1 | $0 |
Eddie J Pena Trustee | Trustee | 1 | $0 |
Luis Cuevas Trustee | Trustee | 1 | $0 |
Terry Bautista Co-Chairman/trustee | Trustee | 1 | $0 |
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 | $1,723,263 |
Investment income | $4,246 |
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 | $2,443,957 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $547,606 |
Pension plan accruals and contributions | $162,084 |
Other employee benefits | $112,294 |
Payroll taxes | $45,246 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,449 |
Fees for services: Accounting | $25,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,293 |
Advertising and promotion | $0 |
Office expenses | $33,597 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $207,059 |
Travel | $29,221 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $107,245 |
Depreciation, depletion, and amortization | $74,296 |
Insurance | $28,428 |
All other expenses | $1,710 |
Total functional expenses | $1,591,972 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $116,354 |
Savings and temporary cash investments | $1,310,301 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $220,125 |
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 | $10,500 |
Net Land, buildings, and equipment | $352,829 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,406,853 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,416,962 |
Accounts payable and accrued expenses | $47,466 |
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 | $51,036 |
Total liabilities | $98,502 |
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 | $3,318,460 |
Total liabilities and net assets/fund balances | $3,416,962 |