Hawaii Masons & Plasterers Training Tr Fund
- Assets
- $8.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Honolulu, HI
- Founding
- 00/0000
- Data as of
- 02/2024
- EIN
- 99-6016431
Organization Overview
Hawaii Masons & Plasterers Training Tr Fund is located in Honolulu, HI. The organization was established in 0000. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 02/2024, Hawaii Masons & Plasterers Training Tr Fund employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii Masons & Plasterers Training Tr 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 02/2024, Hawaii Masons & Plasterers Training Tr Fund generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.3m during the year ending 02/2024. 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
TO PROVIDE TRAINING OR TRAINING AIDS TO CERTAIN INDIVIDUALS SATISFYING CERTAIN ELIGIBILITY REQUIREMENTS AS REQUIRED BY LOCAL STATE APPRENTICESHIP TRAINING LABOR LAWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRAINING TO INDIVIDUALS SATISFYING CERTAIN ELIGIBILITY REQUIREMENTS.
TO PROVIDE SALARIES AND RELATED EXPENSES FOR TRAINING STAFF.
TO PROVIDE FOR ADMINISTRATIVE SERVICES TO THE PLAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glen Kaneshige Mgmt Trustee | Trustee | 1 | $0 |
Frank Hedani Mgmt Trustee | Trustee | 1 | $0 |
Claude Matsumoto Mgmt Trustee | Trustee | 1 | $0 |
Michael Mazzone Mgmt Trustee | Trustee | 1 | $0 |
Francis Pascual Mgmt Trustee | Trustee | 1 | $0 |
Peter Iriarte Labor Trustee | Trustee | 1 | $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 | $1,498,644 |
| Investment income | $139,406 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $38,612 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,963,514 |
| 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 | $432,940 |
| Pension plan accruals and contributions | $88,437 |
| Other employee benefits | $70,500 |
| Payroll taxes | $136,156 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,791 |
| Fees for services: Accounting | $6,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,133 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20,300 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $65,372 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,814 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,923 |
| Insurance | $59,893 |
| All other expenses | $22,539 |
| Total functional expenses | $1,298,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,205 |
| Savings and temporary cash investments | $355,239 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $144,780 |
| 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 | $14,546 |
| Net Land, buildings, and equipment | $228,249 |
| Investments—publicly traded securities | $5,744,521 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,723,579 |
| Total assets | $8,265,119 |
| Accounts payable and accrued expenses | $34,915 |
| 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 | $1,708,265 |
| Total liabilities | $1,743,180 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $6,521,939 |
| 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 | $8,265,119 |