Local 8 Joint Apprentice Comm FY2020 filing

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EIN 11-1902592 Mutual-benefit / member-serving Long Is City, NY
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2024
Revenue
$328K
FY2020
Expenses
$380K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Trains union members for better jobs and careers. For fiscal year 2020 it reported $328K in revenue, $380K in expenses, and $212K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Long Is City, NY
Filings
5 on file (2020–2020)
Revenue
$328KFY2020
Expenses
$380K
Net assets
$212K
People
6
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Provided by the organization

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Size
$100K–1M
What they do
Trains union members for better jobs and careers.
Leadership
Robert Ventura · Training Instructor/Union Trustee · $137K
Money in and out
$328K revenue, $380K expenses
Bottom line
-16% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

WARNING

No — not deductible

IRS records this as a A labor, agricultural, or horticultural organization.; contributions are not deductible as charitable gifts. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

NEUTRAL

No foundation grants on file

No Schedule I/Schedule R grants from other foundations are on file for this EIN. See detail →

How is the money spent?

NEUTRAL

Not on file

Program vs. overhead split is not on file for this EIN's most recent filing. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M

Revenue band $100K–1M. Not enough years on file for a trend. See detail →

Reported financial activity · FY2020
Total revenue
$328K
Pt VIII · Ln 12
Total expenses
$380K
Pt IX · Ln 25
Net assets
$212K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$52K
Surplus margin
-16%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$266K
FY2020
Total liabilities
$54K
FY2020
Revenue less expensesPt I · Ln 19−$52K
Total assetsPt X · Ln 16$266K
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CLocal 8 Joint Apprentice Comm
EINHdr · item D11-1902592
Principal addressHdr · item CLong Is City, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(5) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1970

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Training Instructor/Union Trustee
$137,293Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Union Trustee
$0Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Union Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Robert Ventura$150,213$143,247$140,972$139,620$137,293
Thaddaeus Judd$22,344————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

To recruit and train workers for the roofing and waterproofing industry

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$201K · 61%
Other revenue$126K · 38%
Program service revenue61%$201K
Other revenue38%$126K
Investment income$1K
Total revenueLn 12$328K

Balance Sheet

Part X · end of year
CashLn 1$140K
Total assetsLn 16$266K
Total liabilitiesLn 26$54K
Total net assetsLn 32$212K
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $140K · Operating expenses/yr $380K
4.4 months
Where the money goes
Program services
Program services — · Total expenses $380K
—
Management & General
Management & general — · Total expenses $380K
—
Fundraising
Fundraising — · Total expenses $380K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $328K
0%
Government reliance
Government grants — · Total revenue $328K
—
Earned-income share
Program service revenue $201K · Total revenue $328K
61%
Investment reliance
Investment income $1K · Total revenue $328K
+0.4%
Program self-sufficiency
Program service revenue $201K · Total expenses $380K
53%
Growth & trend
Revenue growth (YoY)
This year $328K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $212K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $328K · Expenses $380K
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $266K
—
Net-asset ratio
Net assets $212K · Total assets $266K
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $266K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robert Ventura · Reported title TRAINING INSTRUCTOR/UNION TRUSTEE · Highest reported compensation $137K · Total expenses $380K
36%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $225K · Total expenses $380K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Legal fee ratio 8%——
Accounting fee ratio 3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$608K revenue · ⤓ 990 PDF
FY2023$440K revenue · ⤓ 990 PDF
FY2022$446K revenue · ⤓ 990 PDF
FY2021$407K revenue · ⤓ 990 PDF
FY2020$328K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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