Ibew Local Union 363 Joint Apprentice Training Fund FY2023 filing

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Training of apprentices & members

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$288K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $1K a year · 0.09% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
78% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$288K
to officers and key staff · 20% of spending
Pay to officers and key staff is 20% of spending.
Part VII, Section A
10.0 mo
of spending, in cash
Plus $3.5M in investments, Pt X · Ln 11–13
10.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$23K
0.3% of total assets
Liabilities are 0.3% of assets.
Pt X · Ln 26
Independent board members
11
of 12 voting members
11 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.0M
+106% vs prior year
Spent
$1.5M
To programs
78%
Net assets
$7.5M
By yearFY2020–FY2024
Revenue
$2.0M
FY2023▲ +106%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.3M
FY2022$985K
FY2023$2.0M
FY2024$2.2M
Expenses
$1.5M
FY2023▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.6M
FY2022$1.5M
FY2023$1.5M
FY2024$1.5M
Net assets
$7.5M
FY2023▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.6M
FY2021$8.2M
FY2022$6.8M
FY2023$7.5M
FY2024$8.4M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $1.1M Management & general 22% · $317K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

15 people listed on the 990; $288K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Director of Education
$157,240Pt VII · Sec A
Training Director
$131,240Pt VII · Sec A
Union Trustee
$0Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Union Trustee
$0Pt VII · Sec A

William Edwards’s $160K as Director of Education is at the 70th percentile of top reported officer pay among 1245 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
William Edwards$160,360$157,240$153,700$150,029$146,779
Clinton Brown$130,720$131,240$128,120$125,020$121,840

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.

See Ibew Local Union 363 Joint Apprentice Training Fund executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains apprentices and members for skilled trades.

Questions for Ibew Local Union 363 Joint Apprentice Training Fund

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1 program · $1.1M · in their own filed words · FY2023
01

To provide training of apprentices & members.

$1.1Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$338K
Other incomeLn 4–11$24K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.1M
Managementcol C$317K
Owns and owesPt X
$7.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$7.6M
LiabilitiesLn 26$23K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$338K
Other incomeLn 4–11$24K
Gains on assetsLn 7$214K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$1.1M
SavingsLn 2$79K
Cash and savings togetherLn 1–2$1.2M
Accounts receivableLn 4$229K
Notes and loans receivableLn 7$512K
Prepaid expenses and deferred chargesLn 9$5K
Land, buildings, equipmentLn 10c$124K
InvestmentsLn 11–13$3.5M
Other assetsLn 15$2.0M
Total assetsLn 16$7.6M
LiabilitiesLn 26$23K
Net assetsLn 32$7.5M
OperationsPt I, VI
EmployeesI 525
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$690K$1.2M
InvestmentsLn 11–13$3.3M$3.5M
Land, buildings, equipmentLn 10c$151K$124K
Total assetsLn 16$6.9M$7.6M
LiabilitiesLn 26$67K$23K
Net assetsLn 32$6.8M$7.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$157K$157K
Other salaries and wagesLn 7$241K$241K
Other employee benefitsLn 9$136K$136K
Payroll taxesLn 10$42K$42K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$25K$25K
Investment management feesLn 11f$11K$11K
Office expensesLn 13$32K$32K
Information technologyLn 14$20K$20K
OccupancyLn 16$350K$350K
Conferences, conventions and meetingsLn 19$34K$34K
Depreciation, depletion and amortizationLn 22$24K$24K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$369K$190K$179K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$1.5M$1.1M$317K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $2.2M$1.5M$718K$8.4M 990 PDF
FY2023 ViewingFiled with the IRS Nov 14, 2024 $2.0M$1.5M$569K$7.5M 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $985K$1.5M−$506K$6.8M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $1.3M$1.6M−$328K$8.2M 990 PDF
FY2020Filed with the IRS Nov 9, 2021 $1.1M$1.6M−$447K$11.6M 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2023 990
Part I · Summary $2,026,641 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $706,286$1,664,935
I-10 Investment incomePrior year $249,302$337,846
I-11 Other revenuePrior year $29,248$23,860
I-12 Total revenuePrior year $984,836$2,026,641
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $571,082$576,264
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $920,165$881,032
I-18 Total expensesPrior year $1,491,247$1,457,296
I-19 Revenue less expensesPrior year −$506,411$569,345
Part VI · Governance 11 of 12 board members independent, 3 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $2,026,641 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,664,935$1,664,935
VIII-3 Investment incomeExcluded from tax $123,471$123,471
VIII-7 Net gain or loss on sales of assetsExcluded from tax $214,375$214,375
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $23,860$23,860
VIII-12 Total revenueRelated to mission $1,688,795 · Unrelated business $0 · Excluded from tax $337,846$2,026,641
Part IX · Statement of functional expenses $1,457,296 across 15 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $157,240$157,240
IX-7 Other salaries and wagesPrograms $240,974$240,974
IX-9 Other employee benefitsPrograms $136,037$136,037
IX-10 Payroll taxesPrograms $42,013$42,013
IX-11b Legal feesManagement $4,442$4,442
IX-11c Accounting feesManagement $25,000$25,000
IX-11f Investment management feesManagement $11,356$11,356
IX-13 Office expensesManagement $32,005$32,005
IX-14 Information technologyManagement $19,849$19,849
IX-16 OccupancyPrograms $350,070$350,070
IX-19 Conferences, conventions and meetingsManagement $33,780$33,780
IX-22 Depreciation, depletion and amortizationPrograms $24,223$24,223
IX-23 InsuranceManagement $8,523$8,523
IX-24 Other expenses (24a–d)Programs $189,789 · Management $179,358$369,147
IX-24e All other expensesManagement $2,637$2,637
IX-25 Total functional expensesPrograms $1,140,346 · Management $316,950 · Fundraising $0$1,457,296
Part X · Balance sheet $7,551,346 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $630,124$1,130,721
X-2 Savings and temporary cash investmentsStart of year $59,998$78,619
X-4 Accounts receivableStart of year $176,866$229,333
X-7 Notes and loans receivableStart of year $628,887$512,325
X-9 Prepaid expenses and deferred chargesStart of year $5,994$5,273
X-10c Land, buildings and equipment, netStart of year $151,239$124,250
X-11 Publicly traded securitiesStart of year $3,291,328$3,514,337
X-15 Other assetsStart of year $1,970,856$1,956,488
X-16 Total assetsStart of year $6,915,292$7,551,346
X-17 Accounts payable and accrued expensesStart of year $6,994$10,826
X-25 Other liabilitiesStart of year $60,364$12,634
X-26 Total liabilitiesStart of year $67,358$23,460
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $6,847,934$7,527,886
X-32 Total net assets or fund balancesStart of year $6,847,934$7,527,886
X-33 Total liabilities and net assetsStart of year $6,915,292$7,551,346
Part XI · Reconciliation of net assets $7,527,886 net assets at year end
XI-1 Total revenue$2,026,641
XI-2 Total expenses$1,457,296
XI-3 Revenue less expenses$569,345
XI-4 Net assets at start of year$6,847,934
XI-5 Net unrealized gains (losses) on investments$110,606
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,527,886

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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