Iron Workers Local 33 Apprentice Training Fund FY2021 filing

Rochester, NY · Public charity (501(c)(3)) · Education

✓ Tax-deductible
Revenue
$252K
Spent
$225K
To programs
76%
Net assets
$678K
By yearFY2021–FY2025
Revenue
$252K
FY2021
Revenue by fiscal year
FY2021$252K
FY2022$467K
FY2023$380K
FY2024$272K
FY2025$400K
Expenses
$225K
FY2021
Expenses by fiscal year
FY2021$225K
FY2022$285K
FY2023$258K
FY2024$260K
FY2025$334K
Net assets
$678K
FY2021
Net assets by fiscal year
FY2021$678K
FY2022$838K
FY2023$961K
FY2024$983K
FY2025$1.1M

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CIron Workers Local 33 Apprentice Training Fund
EINHdr · item D16-1038138
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 1995
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CRochester, NY
NTEE classificationIRS BMFEducation (B30)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.24
Program services76%$171K
Management & general24%$54K
Total functional expensesLn 25$225K

Financial health

Is it on solid ground?

Program efficiency
76%
of spending reaches programs
Operating runway
14.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$791K
FY2021
Total assets by fiscal year
FY2021$791K
FY2022$945K
FY2023$961K
FY2024$983K
FY2025$1.1M
Total liabilities
$113K
FY2021
Total liabilities by fiscal year
FY2021$113K
FY2022$107K
FY2023$0
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19$26K
Total assetsPt X · Ln 16$791K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$142K
Total assetsLn 16$791K
Total liabilitiesLn 26$113K
Total net assetsLn 32$678K
Months of cash on handcomputed7.6

Statement of Revenue

Part VIII
Program service revenue$212K · 84%
Contributions & grants$22K · 9%
Other revenue$14K · 6%
Investment income$3K · 1%
Program service revenue84%$212K
Contributions & grants9%$22K
Other revenue6%$14K
Investment income1%$3K
Total revenueLn 12$252K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $271K · Operating expenses/yr $225K
14.5 months
Where the money goes
Program services
Program services $171K · Total expenses $225K
76%
Management & General
Management & general $54K · Total expenses $225K
24%
Fundraising
Fundraising $0 · Total expenses $225K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $22K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $22K · Total revenue $252K
9%
Government reliance
Government grants — · Total revenue $252K
—
Earned-income share
Program service revenue $212K · Total revenue $252K
84%
Investment reliance
Investment income $3K · Total revenue $252K
+1%
Program self-sufficiency
Program service revenue $212K · Total expenses $225K
94%
Growth & trend
Revenue growth (YoY)
This year $252K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $678K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $252K · Expenses $225K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $791K
—
Net-asset ratio
Net assets $678K · Total assets $791K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $129K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $791K
16%
People & payroll
Highest Reported Total Compensation
Individual Tim Starwald · Reported title COORDINATOR · Highest reported compensation $43K · Total expenses $225K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $133K · Total expenses $225K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%——
Overhead ratio 24%——
Fundraising cost ratio 0%——
Legal fee ratio 5%——
Accounting fee ratio 2%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Coordinator
$43,097Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Stephen Tavernia’s $71K as Director/COO is at the 63rd percentile of top reported officer pay among 1612 $100K–1M education 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Stephen Tavernia$70,952$48,054$47,741$7,329—
Tim Starwald———$44,006$43,097
Timothy Starwald——$7,654——
Brian Brodner$6,954————

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 Iron Workers Local 33 Apprentice Training Fund executive salaries →

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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 3Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Trains union apprentices in Rochester and surrounding areas.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $171K of program spending, described in the organization's own filed words · FY2020.
01

Apprentice training program for members of the iron workers local union no. 33.

$171Kprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $400K$334K+47% 990 PDF
FY2024 $272K$260K-28% 990 PDF
FY2023 $380K$258K-19% 990 PDF
FY2022 $467K$285K+86% 990 PDF
FY2021 Viewing $252K$225K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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