Roofers Local No 96 Apprentice Training Fund FY2020 filing

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Apprentice and journeyman Training Fund

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$9K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $79K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$9K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 14.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.8M
52% of total assets
Fine: liabilities are 52% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 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
$618K
Spent
$873K
To programs
79%
Net assets
$1.7M
By yearFY2020–FY2024
Revenue
$618K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$618K
FY2021$944K
FY2022$934K
FY2023$1.1M
FY2024$1.1M
Expenses
$873K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$873K
FY2021$737K
FY2022$905K
FY2023$862K
FY2024$954K
Net assets
$1.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$1.9M
FY2022$1.9M
FY2023$2.1M
FY2024$2.3M

From the FY2020 Form 990 (year ending November 2020) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2020 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 May 1975.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $692K Management & general 21% · $181K

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

9 people listed on the 990; $9K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$6,517Pt VII · Sec A
Alternate Trustee
$2,611Pt VII · Sec A
Alt Trustee / Trustee-Past
$0Pt VII · Sec A
Trustee - Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Alternate Trustee
$0Pt VII · Sec A
Trustee - Chairman
$0Pt VII · Sec A
Trustee / Alt Trustee-Past
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Andrew Richmond$103,765$100,146———
Tristan Lundblad——$965$1,374$6,517
Ben Anderson————$2,611

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 Roofers Local No 96 Apprentice 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 apprentices and journeymen for skilled trades.

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Provided by the organization

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1 program · $692K · in their own filed words · FY2019
01

The purpose of the fund shall be to provide a training and education program for apprentices and journeymen in the territorial jurisdiction of the union.

$692Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$618K
Ln 12
Fees for servicesLn 2g$805K
Money outPt IX
$873K
Ln 25
Programscol B$692K
Managementcol C$181K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$805K
Gains on assetsLn 7−$187K
Total revenueLn 12$618K
Assets in detailPt X, end of year
CashLn 1$1.0M
Cash and savings togetherLn 1–2$1.0M
Land, buildings, equipmentLn 10c$2.4M
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.8M
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderNovember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.0M
Land, buildings, equipmentLn 10c$3.6M$2.4M
Total assetsLn 16$4.1M$3.5M
LiabilitiesLn 26$2.2M$1.8M
Net assetsLn 32$1.9M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2K$2K
Other salaries and wagesLn 7$151K$151K
Pension plan contributionsLn 8$31K$31K
Other employee benefitsLn 9$43K$43K
Payroll taxesLn 10$13K$13K
Management feesLn 11a$68K$68K
Legal feesLn 11b$69K$69K
Accounting feesLn 11c$8K$8K
Office expensesLn 13$36K$36K
OccupancyLn 16$104K$104K
Conferences, conventions and meetingsLn 19$12K$12K
InterestLn 20$101K$101K
Depreciation, depletion and amortizationLn 22$103K$103K
InsuranceLn 23$10K$9K$1K
Other expenses (24a–d)Ln 24$123K$123K
Total functional expensesLn 25$873K$692K$181K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.1M$954K$191K$2.3M 990 PDF
FY2023 $1.1M$862K$225K$2.1M 990 PDF
FY2022 $934K$905K$29K$1.9M 990 PDF
FY2021 $944K$737K$207K$1.9M 990 PDF
FY2020 Viewing $618K$873K−$255K$1.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $618,124 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $768,702$804,754
I-10 Investment incomePrior year $797−$186,630
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $769,499$618,124
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 $237,661$239,261
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $453,953$633,767
I-18 Total expensesPrior year $691,614$873,028
I-19 Revenue less expensesPrior year $77,885−$254,904
Part VI · Governance 5 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $618,124 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $804,754$804,754
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$186,630−$186,630
VIII-12 Total revenueRelated to mission $804,754 · Unrelated business $0 · Excluded from tax −$186,630$618,124
Part IX · Statement of functional expenses $873,028 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $2,018$2,018
IX-7 Other salaries and wagesPrograms $150,824$150,824
IX-8 Pension plan contributionsPrograms $30,632$30,632
IX-9 Other employee benefitsPrograms $42,863$42,863
IX-10 Payroll taxesPrograms $12,924$12,924
IX-11a Management feesManagement $67,618$67,618
IX-11b Legal feesManagement $68,571$68,571
IX-11c Accounting feesManagement $8,105$8,105
IX-13 Office expensesManagement $35,896$35,896
IX-16 OccupancyPrograms $103,640$103,640
IX-19 Conferences, conventions and meetingsPrograms $11,985$11,985
IX-20 InterestPrograms $101,387$101,387
IX-22 Depreciation, depletion and amortizationPrograms $102,592$102,592
IX-23 InsurancePrograms $9,386 · Management $1,108$10,494
IX-24 Other expenses (24a–d)Programs $123,479$123,479
IX-25 Total functional expensesPrograms $691,730 · Management $181,298 · Fundraising $0$873,028
Part X · Balance sheet $3,466,564 assets, 10 lines filed
X-1 Cash, non-interest-bearing$1,024,758
X-4 Accounts receivableStart of year $72,456$71,916
X-9 Prepaid expenses and deferred chargesStart of year $8,047$8,082
X-10c Land, buildings and equipment, netStart of year $3,591,254$2,361,808
X-16 Total assetsStart of year $4,120,647$3,466,564
X-17 Accounts payable and accrued expensesStart of year $36,305$22,151
X-25 Other liabilitiesStart of year $6,159$51,134
X-26 Total liabilitiesStart of year $2,192,464$1,793,285
X-32 Total net assets or fund balancesStart of year $1,928,183$1,673,279
X-33 Total liabilities and net assetsStart of year $4,120,647$3,466,564
Part XI · Reconciliation of net assets $1,673,279 net assets at year end
XI-1 Total revenue$618,124
XI-2 Total expenses$873,028
XI-3 Revenue less expenses−$254,904
XI-4 Net assets at start of year$1,928,183
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,673,279

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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