Asbestos Workers Local 24 Apprentice- Ship Fund

Tax-deductible

Columbia, MD501(c)(3)Since 1968EIN 52-6083904Revenue $668K in FY2025

On file with the IRS7130 Columbia Gateway Dr Ste A, 21046-2966 · Columbia, MDTax-exempt since Jan 1969Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

The exempt purpose of the Fund is to provide a training and educational program for apprentices and, in the further discretion of the trustees, for journeymen.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$120K 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

FY2025 · 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
4 of 6
filings with a surplus
Average surplus $93K a year · 15% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$120K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
34 mo
of spending, in cash
Looks good: 33.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
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
$668K
+11% vs prior year
Spent
$674K
To programs
77%
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$668K
FY2025▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$571K
FY2021$669K
FY2022$553K
FY2023$608K
FY2024$602K
FY2025$668K
Expenses
$674K
FY2025▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$312K
FY2021$401K
FY2022$511K
FY2023$626K
FY2024$591K
FY2025$674K
Net assets
$2.7M
FY2025-0.2%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$2.7M
FY2022$2.7M
FY2023$2.7M
FY2024$2.7M
FY2025$2.7M

From the FY2025 Form 990 (year ending September 2025) · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1969.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $520K Management & general 23% · $154K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Apprenticeship Coordinator
$117,757Pt VII · Sec A
$2,247Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
James Hoos$117,757$114,121$108,890$105,244$94,572$83,016
Robert S McCourt$2,247$628$1,289$628$3,602$1,484
Brian S Cavey——$3,383$2,255—$1,842
Wilfredo Mata———$1,571——

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 Asbestos Workers Local 24 Apprentice- Ship Fund executive salaries →

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

Something off? The org can add a note here. Claim this org to fix it.

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 in a specific educational program.

Questions for Asbestos Workers Local 24 Apprentice- Ship Fund

Tap to ask. Asbestos Workers Local 24 Apprentice- Ship Fund sees how many people are interested.

Your first name shows with your question. Asbestos Workers Local 24 Apprentice- Ship Fund answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $520K · in their own filed words · FY2024
01

The exempt purpose of the fund is to provide a training and educational program for apprentices and, in the further discretion of the trustees, for journeymen. This is essentially the only program service of the organization and all of the revenues and expenses are considered to be for this purpose.

$520Kprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$668K
Ln 12
Fees for servicesLn 2g$602K
Investment incomeLn 3$65K
Other incomeLn 4–11$1K
Money outPt IX
$674K
Ln 25
Programscol B$520K
Managementcol C$154K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$2.7M
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$602K
Investment incomeLn 3$65K
Other incomeLn 4–11$1K
Total revenueLn 12$668K
Assets in detailPt X, end of year
CashLn 1$736K
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.9M
Land, buildings, equipmentLn 10c$825K
Total assetsLn 16$2.7M
LiabilitiesLn 26$0
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.9M$1.9M
Land, buildings, equipmentLn 10c$858K$825K
Total assetsLn 16$2.7M$2.7M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.7M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$198K$198K$652
Other salaries and wagesLn 7$96K$95K$2K
Pension plan contributionsLn 8$46K$46K
Other employee benefitsLn 9$21K$21K
Payroll taxesLn 10$17K$17K
Management feesLn 11a$22K$22K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$7K$7K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$16K$16K
OccupancyLn 16$25K$25K
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$11K$11K
Depreciation, depletion and amortizationLn 22$33K$33K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$150K$143K$7K
Total functional expensesLn 25$674K$520K$154K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $668K$674K−$5K$2.7M 990 PDF
FY2024 $602K$591K$11K$2.7M 990 PDF
FY2023 $608K$626K−$19K$2.7M 990 PDF
FY2022 $553K$511K$42K$2.7M 990 PDF
FY2021 $669K$401K$268K$2.7M 990 PDF
FY2020 $571K$312K$259K$2.5M 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
See the full FY2025 990 (6 parts)
Part I · Summary $668,450 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $522,737$601,753
I-10 Investment incomePrior year $77,178$65,347
I-11 Other revenuePrior year $1,950$1,350
I-12 Total revenuePrior year $601,865$668,450
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 $357,894$378,863
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $233,208$294,713
I-18 Total expensesPrior year $591,102$673,576
I-19 Revenue less expensesPrior year $10,763−$5,126
Part VI · Governance 5 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $668,450 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $601,753$601,753
VIII-3 Investment incomeExcluded from tax $65,347$65,347
VIII-6 Net rental income or lossRelated to mission $1,350$1,350
VIII-12 Total revenueRelated to mission $603,103 · Unrelated business $0 · Excluded from tax $65,347$668,450
Part IX · Statement of functional expenses $673,576 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $197,838 · Management $652$198,490
IX-7 Other salaries and wagesPrograms $94,640 · Management $1,631$96,271
IX-8 Pension plan contributionsPrograms $45,901$45,901
IX-9 Other employee benefitsPrograms $21,263$21,263
IX-10 Payroll taxesPrograms $16,938$16,938
IX-11a Management feesManagement $21,921$21,921
IX-11b Legal feesManagement $7,168$7,168
IX-11c Accounting feesManagement $10,264$10,264
IX-11g Other fees for servicesManagement $6,754$6,754
IX-12 Advertising and promotionManagement $3,478$3,478
IX-13 Office expensesManagement $15,759$15,759
IX-16 OccupancyManagement $25,181$25,181
IX-17 TravelManagement $3,496$3,496
IX-19 Conferences, conventions and meetingsManagement $10,503$10,503
IX-22 Depreciation, depletion and amortizationManagement $33,334$33,334
IX-23 InsuranceManagement $7,168$7,168
IX-24 Other expenses (24a–d)Programs $142,954 · Management $6,733$149,687
IX-25 Total functional expensesPrograms $519,534 · Management $154,042 · Fundraising $0$673,576
Part X · Balance sheet $2,708,015 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $787,806$735,857
X-2 Savings and temporary cash investmentsStart of year $1,067,000$1,147,158
X-10c Land, buildings and equipment, netStart of year $858,335$825,000
X-16 Total assetsStart of year $2,713,141$2,708,015
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $2,713,141$2,708,015
X-32 Total net assets or fund balancesStart of year $2,713,141$2,708,015
X-33 Total liabilities and net assetsStart of year $2,713,141$2,708,015
Part XI · Reconciliation of net assets $2,708,015 net assets at year end
XI-1 Total revenue$668,450
XI-2 Total expenses$673,576
XI-3 Revenue less expenses−$5,126
XI-4 Net assets at start of year$2,713,141
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,708,015

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

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 pay comparisons above.