The iron workers 549 Joint Apprentice training Fund is a well-organized and supervised method of training people to become qualified journeyman iron workers.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$97K 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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FY2021 · 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 5
filings with a surplus
Average surplus $131K a year · 24% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$97K
to officers and key staff · 37% of spending
Concern: pay to officers and key staff is 37% of spending; over 30%.
Pt VII · Sec A
12 mo
of spending, in cash
Plus $376K in investments, Pt X · Ln 11–13
Looks good: 12.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$39K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$533K
Spent
$265K
To programs
96%
Net assets
$723K
By yearFY2021–FY2025
Revenue
$533K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$533K
FY2022$531K
FY2023$407K
FY2024$405K
FY2025$801K
Expenses
$265K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$265K
FY2022$426K
FY2023$443K
FY2024$335K
FY2025$553K
Net assets
$723K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$723K
FY2022$783K
FY2023$665K
FY2024$797K
FY2025$1.1M

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

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 Jul 2025.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $255K Management & general 4% · $10K

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

7 people listed on the 990; $97K 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
Apprentice Coordinator
$90,750Pt VII · Sec A
Trustee
$5,053Pt VII · Sec A
President
$930Pt VII · Sec A
Trustee/Business Agent
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee/Business Manager
$0Pt VII · Sec A
$0Pt VII · Sec A

Chad Adams’s $9K as Business Agent is at the 19th percentile of top reported officer pay among 1217 $100K–1M 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 · 4 named individuals · Part VII

NameFY2022FY2021
Steven Terry—$90,750
Chad Adams$9,106—
Todd Hebb$4,036$5,053
Kelly Dierkes$289$930

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 Ironworkers Joint Apprentice 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 people to become skilled journeyman iron workers through a structured program.

Questions for Ironworkers Joint Apprentice Fund

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Provided by the organization

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1 program · $255K · in their own filed words · FY2020
01

Train and retrain employees

$255Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$533K
Ln 12
Gifts and grantsLn 1h$494K
Investment incomeLn 3$39K
Money outPt IX
$265K
Ln 25
Programscol B$255K
Managementcol C$10K
Owns and owesPt X
$723K
net assets · Ln 32
Cash and savingsLn 1–2$265K
Total assetsLn 16$762K
LiabilitiesLn 26$39K
PeoplePt VI, VII
7
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$494K
Noncash giftsLn 1g$8K
Investment incomeLn 3$39K
Total revenueLn 12$533K
Assets in detailPt X, end of year
CashLn 1$175K
SavingsLn 2$90K
Cash and savings togetherLn 1–2$265K
InvestmentsLn 11–13$376K
Land, buildings, equipmentLn 10c$76K
Total assetsLn 16$762K
LiabilitiesLn 26$39K
Net assetsLn 32$723K
OperationsPt I, VI
EmployeesI 513
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$163K$265K
InvestmentsLn 11–13$179K$376K
Land, buildings, equipmentLn 10c$91K$76K
Total assetsLn 16$468K$762K
LiabilitiesLn 26$13K$39K
Net assetsLn 32$455K$723K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$55K$55K
Pay of current officers, directors and key staffLn 5$97K$97K
Other salaries and wagesLn 7$27K$25K$2K
Payroll taxesLn 10$13K$13K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$1K$1K
Office expensesLn 13$920$920
OccupancyLn 16$14K$14K
TravelLn 17$8K$8K
Conferences, conventions and meetingsLn 19$190$190
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$29K$29K
Total functional expensesLn 25$265K$255K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $801K$553K$248K$1.1M 990 PDF
FY2024 $405K$335K$70K$797K 990 PDF
FY2023 $407K$443K−$36K$665K 990 PDF
FY2022 $531K$426K$105K$783K 990 PDF
FY2021 Viewing $533K$265K$268K$723K 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 FY2021 990 (6 parts)
Part I · Summary $533,027 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $484,534$494,233
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $3,975$38,794
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $488,509$533,027
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $57,993$54,941
I-15 Salaries and benefitsPrior year $167,631$137,099
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $170,863$72,972
I-18 Total expensesPrior year $396,487$265,012
I-19 Revenue less expensesPrior year $92,022$268,015
Part VI · Governance 0 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members0
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 $533,027 across 6 lines filed
VIII-1b Membership dues$473,239
VIII-1f All other contributions, gifts and grants$20,994
VIII-1g Noncash contributions (included above)$8,147
VIII-1h Total contributions, gifts and grants$494,233
VIII-3 Investment incomeExcluded from tax $38,794$38,794
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $38,794$533,027
Part IX · Statement of functional expenses $265,012 across 13 lines filed
IX-4 Benefits paid to or for membersPrograms $54,941$54,941
IX-5 Pay of current officers, directors and key staffPrograms $96,733$96,733
IX-7 Other salaries and wagesPrograms $25,276 · Management $1,800$27,076
IX-10 Payroll taxesPrograms $13,290$13,290
IX-11c Accounting feesManagement $3,500$3,500
IX-11g Other fees for servicesManagement $1,370$1,370
IX-13 Office expensesManagement $920$920
IX-16 OccupancyPrograms $13,713$13,713
IX-17 TravelPrograms $7,982$7,982
IX-19 Conferences, conventions and meetingsPrograms $190$190
IX-22 Depreciation, depletion and amortizationPrograms $14,322$14,322
IX-23 InsuranceManagement $2,351$2,351
IX-24 Other expenses (24a–d)Programs $28,624$28,624
IX-25 Total functional expensesPrograms $255,071 · Management $9,941 · Fundraising $0$265,012
Part X · Balance sheet $762,033 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $74,801$174,965
X-2 Savings and temporary cash investmentsStart of year $88,162$90,020
X-4 Accounts receivableStart of year $31,928$42,259
X-9 Prepaid expenses and deferred chargesStart of year $3,309$2,483
X-10c Land, buildings and equipment, netStart of year $90,818$76,496
X-11 Publicly traded securitiesStart of year $178,876$375,810
X-16 Total assetsStart of year $467,894$762,033
X-17 Accounts payable and accrued expensesStart of year $13,110$12,582
X-25 Other liabilitiesStart of year $0$26,652
X-26 Total liabilitiesStart of year $13,110$39,234
X-27 Net assets without donor restrictionsStart of year $454,784$722,799
X-32 Total net assets or fund balancesStart of year $454,784$722,799
X-33 Total liabilities and net assetsStart of year $467,894$762,033
Part XI · Reconciliation of net assets $722,799 net assets at year end
XI-1 Total revenue$533,027
XI-2 Total expenses$265,012
XI-3 Revenue less expenses$268,015
XI-4 Net assets at start of year$454,784
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$722,799

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

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