Rochester Laborers Apprentice and Training Fund FY2021 filing

Not tax-deductible

Rochester, NY501(c)(5)EmploymentEIN 16-1282846Revenue $1.2M in FY2021

On file with the IRS754 Lexington Ave, 14613-1827 · Rochester, NYTax-exempt since Oct 1987

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To provide education and Training on construction related topics to members of laborers' local 435.

$60K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $607K a year · 45% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$60K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 12.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
Spent
$633K
Net assets
$4.2M
By yearFY2021–FY2025
Revenue
$1.2M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$1.2M
FY2022$1.3M
FY2023$1.3M
FY2024$1.4M
FY2025$1.6M
Expenses
$633K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$633K
FY2022$673K
FY2023$596K
FY2024$801K
FY2025$1.1M
Net assets
$4.2M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$4.2M
FY2022$4.6M
FY2023$5.2M
FY2024$5.9M
FY2025$6.5M

From the FY2021 Form 990 (year ending March 2021) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1987.

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

Who runs it and what they're paid

7 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Training Director
$60,377Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sal Victorious’s $95K as Training Director is at the 22nd 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Sal Victorious$95,302$37,788———
Lori Sheldon—$54,440$63,960$62,463$60,377
Eric Waters$49,847————

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 Rochester Laborers Apprentice and Training Fund executive salaries →

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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 union members in construction skills and related topics.

Questions for Rochester Laborers Apprentice and Training Fund

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Provided by the organization

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1 program · in their own filed words · FY2020
01

The organization provides education and training on construction related topics to members of laborers' local 435.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$971K
Investment incomeLn 3$135K
Other incomeLn 4–11$111K
Money outPt IX
$633K
Ln 25
Owns and owesPt X
$4.2M
net assets · Ln 32
Cash and savingsLn 1–2$673K
Total assetsLn 16$4.2M
LiabilitiesLn 26$5K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$971K
Investment incomeLn 3$135K
Other incomeLn 4–11$111K
Gains on assetsLn 7$57K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$101K
SavingsLn 2$571K
Cash and savings togetherLn 1–2$673K
InvestmentsLn 11–13$3.4M
Land, buildings, equipmentLn 10c$19K
Other assetsLn 15$84K
Total assetsLn 16$4.2M
LiabilitiesLn 26$5K
Net assetsLn 32$4.2M
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$280K$673K
InvestmentsLn 11–13$3.2M$3.4M
Land, buildings, equipmentLn 10c$9K$19K
Total assetsLn 16$3.6M$4.2M
LiabilitiesLn 26$11K$5K
Net assetsLn 32$3.5M$4.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$168K
Pension plan contributionsLn 8$123K
Payroll taxesLn 10$11K
Legal feesLn 11b$11K
Accounting feesLn 11c$29K
Investment management feesLn 11f$13K
Other fees for servicesLn 11g$8K
Advertising and promotionLn 12$287
Office expensesLn 13$32K
OccupancyLn 16$51K
Conferences, conventions and meetingsLn 19$170
Depreciation, depletion and amortizationLn 22$3K
InsuranceLn 23$3K
Other expenses (24a–d)Ln 24$182K
Total functional expensesLn 25$633K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.6M$1.1M$494K$6.5M 990 PDF
FY2024 $1.4M$801K$639K$5.9M 990 PDF
FY2023 $1.3M$596K$690K$5.2M 990 PDF
FY2022 $1.3M$673K$628K$4.6M 990 PDF
FY2021 Viewing $1.2M$633K$584K$4.2M 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
See the full FY2021 990 (6 parts)
Part I · Summary $1,217,041 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $250,000$0
I-9 Program service revenuePrior year $1,064,628$971,290
I-10 Investment incomePrior year $64,796$134,872
I-11 Other revenuePrior year $66,462$110,879
I-12 Total revenuePrior year $1,445,886$1,217,041
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 $166,308$302,044
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $320,493$331,398
I-18 Total expensesPrior year $486,801$633,442
I-19 Revenue less expensesPrior year $959,085$583,599
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,217,041 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $971,290$971,290
VIII-3 Investment incomeExcluded from tax $77,886$77,886
VIII-7 Net gain or loss on sales of assetsExcluded from tax $56,986$56,986
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $110,879$110,879
VIII-12 Total revenueRelated to mission $1,082,169 · Unrelated business $0 · Excluded from tax $134,872$1,217,041
Part IX · Statement of functional expenses $633,442 across 14 lines filed
IX-7 Other salaries and wages$167,990
IX-8 Pension plan contributions$122,868
IX-10 Payroll taxes$11,186
IX-11b Legal fees$10,705
IX-11c Accounting fees$29,136
IX-11f Investment management fees$13,084
IX-11g Other fees for services$7,695
IX-12 Advertising and promotion$287
IX-13 Office expenses$31,502
IX-16 Occupancy$51,197
IX-19 Conferences, conventions and meetings$170
IX-22 Depreciation, depletion and amortization$3,058
IX-23 Insurance$2,566
IX-24 Other expenses (24a–d)$181,998
IX-25 Total functional expenses$633,442
Part X · Balance sheet $4,185,711 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $100,032$101,479
X-2 Savings and temporary cash investmentsStart of year $179,982$571,077
X-10c Land, buildings and equipment, netStart of year $9,421$19,186
X-11 Publicly traded securitiesStart of year $3,192,990$3,409,803
X-15 Other assetsStart of year $75,947$84,166
X-16 Total assetsStart of year $3,558,372$4,185,711
X-17 Accounts payable and accrued expensesStart of year $3,578$339
X-25 Other liabilitiesStart of year $7,710$4,858
X-26 Total liabilitiesStart of year $11,288$5,197
X-27 Net assets without donor restrictionsStart of year $3,547,084$4,180,514
X-32 Total net assets or fund balancesStart of year $3,547,084$4,180,514
X-33 Total liabilities and net assetsStart of year $3,558,372$4,185,711
Part XI · Reconciliation of net assets $4,180,514 net assets at year end
XI-1 Total revenue$1,217,041
XI-2 Total expenses$633,442
XI-3 Revenue less expenses$583,599
XI-4 Net assets at start of year$3,547,084
XI-5 Net unrealized gains (losses) on investments$49,831
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,180,514

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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