philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Cement Masons Local 502 Apprentice Educational & Training FY2022 filing

Not tax-deductible

Bellwood, IL501(c)(5)Since 1962EIN 36-2487783

Train and educate cement mason apprentices

$138K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2022 · 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
6 of 6
filings with a surplus
Average surplus $328K a year · 16% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$138K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$246K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
-0.1% vs prior year
Spent
$1.5M
Net assets
$5.7M
By yearFY2020–FY2025
Revenue
$1.9M
FY2022-0.1%
Revenue by fiscal year
FY2020$2.0M
FY2021$1.9M
FY2022$1.9M
FY2023$2.2M
FY2024$2.2M
FY2025$2.5M
Expenses
$1.5M
FY2022▲ +20%
Expenses by fiscal year
FY2020$1.5M
FY2021$1.2M
FY2022$1.5M
FY2023$1.9M
FY2024$2.2M
FY2025$2.4M
Net assets
$5.7M
FY2022▼ -4%
Net assets by fiscal year
FY2020$5.2M
FY2021$6.0M
FY2022$5.7M
FY2023$6.4M
FY2024$6.7M
FY2025$7.1M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CCement Masons Local 502 Apprentice Educational & Training
EINHdr · item D36-2487783
Exempt statusHdr · item I501(c)(5) · active
Ruling yearIRS BMFNov 1973
Year of formationHdr · item L1962
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CBellwood, IL
NTEE classificationIRS BMFNonprofit

Financial health

Is it on solid ground?

Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$6.0M
FY2022▼ -4%
Total assets by fiscal year
FY2020$5.6M
FY2021$6.2M
FY2022$6.0M
FY2023$6.6M
FY2024$6.9M
FY2025$7.4M
Total liabilities
$246K
FY2022▲ +4%
Total liabilities by fiscal year
FY2020$404K
FY2021$237K
FY2022$246K
FY2023$259K
FY2024$237K
FY2025$296K
Revenue less expensesPt I · Ln 19$410K
Total assetsPt X · Ln 16$6.0M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$711K
Total assetsLn 16$6.0M
Total liabilitiesLn 26$246K
Total net assetsLn 32$5.7M
Months of cash on handcomputed5.8

Statement of Revenue

Part VIII
Program service revenue$1.8M · 95%
Investment income$98K · 5%
Program service revenue95%$1.8M
Investment income5%$98K
Total revenueLn 12$1.9M

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.6M · Operating expenses/yr $1.5M
45.1 months
Where the money goes
Program services
Program services — · Total expenses $1.5M
—
Management & General
Management & general — · Total expenses $1.5M
—
Fundraising
Fundraising — · Total expenses $1.5M
—
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 $1.9M
0%
Government reliance
Government grants — · Total revenue $1.9M
—
Earned-income share
Program service revenue $1.8M · Total revenue $1.9M
95%
Investment reliance
Investment income $98K · Total revenue $1.9M
+5%
Program self-sufficiency
Program service revenue $1.8M · Total expenses $1.5M
121%
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year $1.9M
-0.1%
Net-asset trend (YoY)
End of year $5.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $1.5M
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $6.0M
—
Net-asset ratio
Net assets $5.7M · Total assets $6.0M
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.0M
81%
People & payroll
Highest Reported Total Compensation
Individual Antonio Acevedo · Reported title TRAINING COORDINATOR · Highest reported compensation $138K · Total expenses $1.5M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $730K · Total expenses $1.5M
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth -0.1%——
Investment management fee ratio 0.06%——
Legal fee ratio 2%——
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
Antonio Acevedo
Training Coordinator
$138,224Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Steve Baumgartner
Alternate Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
John Manley
Alternate Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Antonio Acevedo$162,961$155,009$151,662$138,224$130,932$89,073

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 Cement Masons Local 502 Apprentice Educational & Training executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 4Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14No
  • 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 and educates cement mason apprentices for skilled careers.

Provided by the organization

This section is blank until Cement Masons Local 502 Apprentice Educational & Training claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2022.
01

To provide for the education and training of cement masons apprentices.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $2.5M$2.4M+13% 990 PDF
FY2024 $2.2M$2.2M-3% 990 PDF
FY2023 $2.2M$1.9M+18% 990 PDF
FY2022 Viewing $1.9M$1.5M-0.1% 990 PDF
FY2021 $1.9M$1.2M-6% 990 PDF
FY2020 $2.0M$1.5M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

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

Full filing: Form 990 for FY2022

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $1,477,004 across 17 lines filed
IX-5 Pay of current officers, directors and key staff$199,902
IX-7 Other salaries and wages$287,448
IX-8 Pension plan contributions$82,063
IX-9 Other employee benefits$124,128
IX-10 Payroll taxes$36,084
IX-11b Legal fees$26,346
IX-11c Accounting fees$28,367
IX-11f Investment management fees$3,343
IX-13 Office expenses$9,934
IX-14 Information technology$2,412
IX-16 Occupancy$408,463
IX-17 Travel$12,499
IX-19 Conferences, conventions and meetings$5,251
IX-22 Depreciation, depletion and amortization$67,255
IX-23 Insurance$10,597
IX-24 Other expenses (24a–d)$171,308
IX-24e All other expenses$1,604
IX-25 Total functional expenses$1,477,004

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

Similar organizations you could support

Closest in mission — by what they do
Plumbers & Pipefitters Local 502 Joint Education & Training FundKY
Cement Masons and Plasterers Training Trust of WashingtonWA
Plumbers and Pipefitters Apprenticeship Education and TrainWY
Local 99 U A of Plumbers and Pipefitters Apprenticeship TraininIL
Operating Engineers Apprenticeship Trust Fund Local 649IL
Local 697 Ibew ApprenticeIN
See all organizations like Cement Masons Local 502 Apprentice Educational & Training →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.