To defray the costs appertaining to vocational and advancement training, general and specific education, improving and insuring safety habits and conditions, and to devise and implement such procedures and programs necessary or favorable to fulfill the foregoing objectives.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$1.1M 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

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
6 of 6
filings with a surplus
Average surplus $2.2M a year · 27% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 13.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$331K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.8M
+15% vs prior year
Spent
$6.9M
To programs
83%
Net assets
$41.9M
By yearFY2020–FY2025
Revenue
$8.8M
FY2024▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.8M
FY2021$7.9M
FY2022$7.6M
FY2023$7.7M
FY2024$8.8M
FY2025$10.0M
Expenses
$6.9M
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.8M
FY2021$5.2M
FY2022$5.3M
FY2023$6.0M
FY2024$6.9M
FY2025$7.5M
Net assets
$41.9M
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$33.6M
FY2021$36.2M
FY2022$37.8M
FY2023$39.7M
FY2024$41.9M
FY2025$44.9M

From the FY2024 Form 990 (year ending March 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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 Jun 1973.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $5.7M Management & general 17% · $1.2M

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

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Who runs it and what they're paid

19 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Direc
$181,967Pt VII · Sec A
Executive Direc
$178,483Pt VII · Sec A
Instructor
$142,640Pt VII · Sec A
Instructor
$141,127Pt VII · Sec A
Instructor
$140,393Pt VII · Sec A
$139,629Pt VII · Sec A
Instructor
$135,365Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
George Samuelsen$193,310$178,483$164,365$118,945——
Joseph Scerbo JR$113,019$181,967$178,408$174,590$165,236$167,110
Joseph Demarco JR———$179,759$173,350$170,450
Joseph Scerbo III$157,872—————
John J Bohme$149,663$141,127$130,929———
Michael Grisko$146,685$135,365$130,526$120,064——
William Coffin$145,619—————
Howard Tomlin$145,577—————

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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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

Funds vocational training, education, and safety programs to improve lives.

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Provided by the organization

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2 programs · $5.7M · in their own filed words · FY2023
01

The fund provides journeyman training and apprentice training classes for the purpose of vocational and advancement training, general and specific education, and improving safety habits and conditions on behalf of the 7,491 participants as of march 31,2024 and also to participants of another training fund.

$5.6Mprogram expense
02

The plan maintains a scholarship program, awarding four scholarships per year to children of participants for utilization towards tuition fees and other related course expenses. The program provides $5,000 annually for four years to those selected by the scholarship selection COMMITTEE.THE board of trustees agreed on october 26,2015 to…

$82Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $468K · 2019–2024
Unitemized GrantFY2024$77,500
Unitemized GrantFY2023$80,000
Unitemized GrantFY2022$77,500
Unitemized GrantFY2021$80,000
Unitemized GrantFY2020$82,500
Unitemized GrantFY2019$70,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$8.8M
Ln 12
Fees for servicesLn 2g$7.8M
Investment incomeLn 3$941K
Other incomeLn 4–11$66K
Money outPt IX
$6.9M
Ln 25
Programscol B$5.7M
Managementcol C$1.2M
Owns and owesPt X
$41.9M
net assets · Ln 32
Cash and savingsLn 1–2$7.9M
Total assetsLn 16$42.3M
LiabilitiesLn 26$331K
PeoplePt VI, VII
19
listed · VII A
PaidVII A7
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$7.8M
Investment incomeLn 3$941K
Other incomeLn 4–11$66K
Gains on assetsLn 7−$282K
Total revenueLn 12$8.8M
Assets in detailPt X, end of year
CashLn 1$1K
SavingsLn 2$7.9M
Cash and savings togetherLn 1–2$7.9M
InvestmentsLn 11–13$24.5M
Land, buildings, equipmentLn 10c$8.5M
Other assetsLn 15$384K
Total assetsLn 16$42.3M
LiabilitiesLn 26$331K
Net assetsLn 32$41.9M
OperationsPt I, VI
EmployeesI 521
VolunteersI 610
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 FY24End FY24
Cash and savingsLn 1–2$6.2M$7.9M
InvestmentsLn 11–13$23.6M$24.5M
Land, buildings, equipmentLn 10c$8.9M$8.5M
Total assetsLn 16$40.1M$42.3M
LiabilitiesLn 26$403K$331K
Net assetsLn 32$39.7M$41.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$80K$80K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$536K$536K
Pay of disqualified personsLn 6$577K$577K
Other salaries and wagesLn 7$1.4M$1.4M
Pension plan contributionsLn 8$559K$559K
Other employee benefitsLn 9$291K$291K
Payroll taxesLn 10$165K$165K
Management feesLn 11a$0
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$66K$66K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$39K$39K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$0
Office expensesLn 13$333K$280K$54K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$250K$54K$195K
TravelLn 17$296K$296K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$4K$4K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$449K$449K
InsuranceLn 23$75K$75K
Other expenses (24a–d)Ln 24$1.6M$1.3M$255K
All other expensesLn 24e$215K$210K$5K
Total functional expensesLn 25$6.9M$5.7M$1.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $10.0M$7.5M$2.5M$44.9M 990 PDF
FY2024 Viewing $8.8M$6.9M$1.9M$41.9M 990 PDF
FY2023 $7.7M$6.0M$1.7M$39.7M 990 PDF
FY2022 $7.6M$5.3M$2.4M$37.8M 990 PDF
FY2021 $7.9M$5.2M$2.7M$36.2M 990 PDF
FY2020 $7.8M$5.8M$2.0M$33.6M 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 FY2024 990 (6 parts)
Part I · Summary $8,808,727 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $80,000$0
I-9 Program service revenuePrior year $7,545,627$7,801,742
I-10 Investment incomePrior year $57,975$941,283
I-11 Other revenue$65,702
I-12 Total revenuePrior year $7,683,602$8,808,727
I-13 Grants and similar amounts paidPrior year $77,500$80,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,231,628$3,491,843
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,711,371$3,293,980
I-18 Total expensesPrior year $6,020,499$6,865,823
I-19 Revenue less expensesPrior year $1,663,103$1,942,904
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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 $8,808,727 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,801,742$7,801,742
VIII-3 Investment incomeExcluded from tax $1,222,807$1,222,807
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$281,524−$281,524
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $65,702$65,702
VIII-12 Total revenueRelated to mission $7,867,444 · Excluded from tax $941,283$8,808,727
Part IX · Statement of functional expenses $6,865,823 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $80,000$80,000
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $536,255$536,255
IX-6 Pay of disqualified personsPrograms $576,600$576,600
IX-7 Other salaries and wagesPrograms $1,364,041$1,364,041
IX-8 Pension plan contributionsPrograms $559,049$559,049
IX-9 Other employee benefitsPrograms $290,608$290,608
IX-10 Payroll taxesPrograms $165,290$165,290
IX-11a Management fees$0
IX-11b Legal feesManagement $9,869$9,869
IX-11c Accounting feesManagement $66,000$66,000
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $38,865$38,865
IX-11g Other fees for servicesManagement $3,037$3,037
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $279,539 · Management $53,512$333,051
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $54,404 · Management $195,395$249,799
IX-17 TravelPrograms $296,144$296,144
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $3,639$3,639
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $449,130$449,130
IX-23 InsuranceManagement $74,510$74,510
IX-24 Other expenses (24a–d)Programs $1,299,275 · Management $255,438$1,554,713
IX-24e All other expensesPrograms $210,029 · Management $5,194$215,223
IX-25 Total functional expensesPrograms $5,714,873 · Management $1,150,950 · Fundraising $0$6,865,823
Part X · Balance sheet $42,277,260 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $1,200$1,200
X-2 Savings and temporary cash investmentsStart of year $6,197,118$7,902,530
X-3 Pledges and grants receivableStart of year $80,000$0
X-4 Accounts receivableStart of year $913,407$988,494
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $86,321$52,419
X-10c Land, buildings and equipment, netStart of year $8,904,019$8,490,167
X-11 Publicly traded securitiesStart of year $23,557,329$24,458,303
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $348,701$384,147
X-16 Total assetsStart of year $40,088,095$42,277,260
X-17 Accounts payable and accrued expensesStart of year $403,455$330,956
X-26 Total liabilitiesStart of year $403,455$330,956
X-32 Total net assets or fund balancesStart of year $39,684,640$41,946,304
X-33 Total liabilities and net assetsStart of year $40,088,095$42,277,260
Part XI · Reconciliation of net assets $41,946,304 net assets at year end
XI-1 Total revenue$8,808,727
XI-2 Total expenses$6,865,823
XI-3 Revenue less expenses$1,942,904
XI-4 Net assets at start of year$39,684,640
XI-5 Net unrealized gains (losses) on investments$318,760
XI-10 Net assets at end of year$41,946,304

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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