Civic Intelligence

Eastern Atlantic States Carpenters Technical College

990 • Fiscal year 2016 • EIN 23-1518467

Jan 01, 2016 to Dec 31, 2016 • Filed on May 30, 2017

10401 Decatur RoadPhiladelphia, PA 19154

(215) 824-2300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.03x

Higher debt load relative to assets than 22% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

19th percentile

0.07x

Higher debt load relative to revenue than 19% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

83rd percentile

24%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

65th percentile

$224,969

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

81st percentile

14%

Faster asset growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

84th percentile

26%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$16,419,106

Up $2,028,536 (+14%) from 2015

Net Assets

Up

$15,845,261

Up $1,966,706 (+14%) from 2015

Liabilities

Up

$573,845

Up $61,830 (+12%) from 2015

Revenue

Up

$8,704,329

Up $1,804,413 (+26%) from 2015

Expenses

Up

$6,625,486

Up $666,498 (+11%) from 2015

Net Income

Up

$2,078,843

Up $1,137,915 (+121%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $13,019,051Liabilities 2010: $349,033Net Assets 2010: $12,670,0182010Assets 2011: $13,254,986Liabilities 2011: $502,272Net Assets 2011: $12,752,7142011Assets 2012: $13,087,497Liabilities 2012: $341,842Net Assets 2012: $12,745,6552012Assets 2013: $13,089,639Liabilities 2013: $292,358Net Assets 2013: $12,797,2812013Assets 2014: $13,359,926Liabilities 2014: $339,917Net Assets 2014: $13,020,0092014Assets 2015: $14,390,570Liabilities 2015: $512,015Net Assets 2015: $13,878,5552015Assets 2016: $16,419,106Liabilities 2016: $573,845Net Assets 2016: $15,845,2612016Assets 2017: $16,422,658Liabilities 2017: $523,998Net Assets 2017: $15,898,6602017Assets 2018: $16,379,867Liabilities 2018: $702,251Net Assets 2018: $15,677,6162018Assets 2019: $16,553,082Liabilities 2019: $741,723Net Assets 2019: $15,811,3592019Assets 2020: $16,938,673Liabilities 2020: $1,678,532Net Assets 2020: $15,260,1412020Assets 2021: $16,564,135Liabilities 2021: $1,598,717Net Assets 2021: $14,965,4182021Assets 2022: $14,328,660Liabilities 2022: $224,221Net Assets 2022: $14,104,4392022Assets 2023: $31,356,180Liabilities 2023: $1,420,746Net Assets 2023: $29,935,4342023Assets 2024: $33,347,457Liabilities 2024: $1,984,060Net Assets 2024: $31,363,3972024Assets 2025: $77,010,621Liabilities 2025: $2,553,761Net Assets 2025: $74,456,8602025

Highlighted filing

2016

Assets$16,419,106
Liabilities$573,845
Net Assets$15,845,261

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2010: $5,564,4652010Revenue 2011: $4,912,617Expenses 2011: $4,840,654Net Income 2011: $71,9632011Expenses 2012: $4,690,8132012Revenue 2013: $4,847,348Expenses 2013: $4,871,806Net Income 2013: -$24,4582013Revenue 2014: $5,765,345Expenses 2014: $5,389,248Net Income 2014: $376,0972014Revenue 2015: $6,899,916Expenses 2015: $5,958,988Net Income 2015: $940,9282015Revenue 2016: $8,704,329Expenses 2016: $6,625,486Net Income 2016: $2,078,8432016Revenue 2017: $6,737,331Expenses 2017: $6,596,168Net Income 2017: $141,1632017Revenue 2018: $6,853,782Expenses 2018: $7,026,843Net Income 2018: -$173,0612018Revenue 2019: $7,201,219Expenses 2019: $7,000,794Net Income 2019: $200,4252019Revenue 2020: $2,577,638Expenses 2020: $3,089,192Net Income 2020: -$511,5542020Revenue 2021: $6,553,003Expenses 2021: $6,921,278Net Income 2021: -$368,2752021Revenue 2022: $6,924,336Expenses 2022: $7,386,063Net Income 2022: -$461,7272022Revenue 2023: $12,024,674Expenses 2023: $14,664,307Net Income 2023: -$2,639,6332023Revenue 2024: $21,321,677Expenses 2024: $20,611,754Net Income 2024: $709,9232024Revenue 2025: $30,630,806Expenses 2025: $28,956,010Net Income 2025: $1,674,7962025

Highlighted filing

2016

Revenue$8,704,329
Expenses$6,625,486
Net Income$2,078,843
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 30, 2017
Return Version
2016v3.0
Gross Receipts
$11,956,316
Mission and Program Overview

Mission

To maintain training facilities for the purpose of training apprentice carpenters and defraying the costs associated with vocational and advancement training.

THE TRAINING CENTER OF THE CARPENTERS JOINT APPRENTICESHIP COMMITTEE OF PHILADELPHIA AND VICINITY'S MISSION IS TO insure that the local Construction Industry has a steady flow of highly-skilled Carpenters and experienced Supervisors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,237,960$9,682,997▲ $1,445,037
Accounts Receivable$774,489$2,473,925▲ $1,699,436
Investments in Publicly Traded Securities$2,743,937$2,329,887▼ $414,050
Savings and Temporary Cash Investments$2,487,644$1,718,204▼ $769,440
Prepaid Expenses and Deferred Charges$50,349$125,478▲ $75,129
Cash and Non-Interest-Bearing Accounts$50,355$52,321▲ $1,966
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$14,390,570$16,419,106▲ $2,028,536
Other Assets Total$45,836$36,294▼ $9,542
Liabilities
Accounts Payable and Accrued Expenses$366,765$335,922▼ $30,843
Other Liabilities$145,250$237,923▲ $92,673
Total Liabilities$512,015$573,845▲ $61,830
Net Assets / Fund Balance
Unrestricted Net Assets$13,878,555$15,845,261▲ $1,966,706
Total Net Assets Fund Balance$13,878,555$15,845,261▲ $1,966,706
Total Liabilities and Net Assets / Fund Balance$14,390,570$16,419,106▲ $2,028,536

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,052,409$4,722,667-
Land$872,543--
Equipment$758,045$1,008,457-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles BrockDirectorFT$158,198$66,771$224,969
Edward J WoodrumInstructorFT$153,571$64,515$218,086
Thomas MillioInstuctorFT$142,266$61,838$204,104
Thomas M DuffyInstructorFT$140,516$60,644$201,160
Robert G SmithInstructorFT$139,015$57,998$197,013
Stanley M DurkalecInstructorFT$129,686$56,356$186,042

Board Members and Trustees

NameTitle
John BallantyneCo-CHAIRMAN - N
Philip RadomskiCo-CHAIRMAN - N
James X ClemensCo-CHAIRMAN - P
Edward CoryellCo-CHAIRMAN-p
Joseph McteagueComm Mbr
Kevin LottComm Memb
Benjamin J ConnorsComm Memb - N
Dave HainesComm Memb - N
Mike HandComm Memb - N
Olaf OlsenComm Memb - N
Anthony IannucciCoMM MEMB - P
Dennis SzumskiComm Memb - P
Edward Coryell JrComm Memb - P
Richard KellyComm Memb - P
Francis a PietriniCommittee Memb
JOHN O'KEEFECommittee Memb
Joseph P ClearkinCommittee Memb
Mark DuralecCommittee Memb
Mark SpadaccinoCommittee Memb
Michael MorrowCommittee Memb
Robert NaughtonCommittee Memb
Robert S HudsonCommittee Memb
Stephen ConronCommittee Memb
Patrick McginleySecretary
Craig MelogranoTreasurer - N
Revenue and Support

Revenue Composition

Contributions and Grants
$1,897,696
Program Service Revenue
$6,427,297
Investment Income
$74,881
Other Revenue
$304,455
All Other Contributions
$199,190
Change in Net Assets
$2,078,843

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,704,329
Revenue Not Reported on Form 990
$-14,296
Total Revenue per Audited Statements
$8,690,033
Total Revenue per Form 990
$8,704,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,456,609
Other Expenses$3,168,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,747,546$256,442-$2,003,988
Pension Plan Contributions$477,485$109,207-$586,692
Depreciation Depletion$529,214$7,844-$537,058
Occupancy$456,280--$456,280
Other Employee Benefits$355,349$98,720-$454,069
All Other Expenses$264,427$148,705-$413,132
Current Officers, Directors, Trustees, and Key Employees-$224,969-$224,969
Payroll Taxes$145,374$41,517-$186,891
Other Expenses$80,369--$80,369
Insurance-$64,406-$64,406
Information Technology-$62,566-$62,566
Office Expenses$3,676$49,725-$53,401
Conferences and Meetings$39,873--$39,873
Fees for Services Accounting-$27,440-$27,440
Fees for Services Legal-$17,518-$17,518
Fees for Service Investment Mgmnt Fees-$2,154-$2,154
Total Functional Expenses$5,514,273$1,111,213$0$6,625,486

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,723,327
Expenses per Audited Statements$6,625,486
Total Expenses per Form 990$6,625,486
Expenses Not Reported on Form 990$97,841
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funded Status of Pension Plan$237,923
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The co-chairman (edward coryell) and one of the trustees (edward coryell, jr.) have a family relationship.

Form 990, Part VI, Line 11B: Form 990 Review Process

After review by the Executive Director, the 990 is available for each board member to review and inquire with the executive director about any questions.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation is determined by the terms of the journeyman's collective bargaining agreement between the union and the contractor's associations.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request, the organization's governing documents will be available for inspection.

Filing and Contact Details

Filer

Filer Name
Carpenters Joint Apprenticeship Training
EIN
23-1518467
Phone
2158242300
Address
10401 DECATUR ROAD, PHILADELPHIA, PA 19154

Signing Officer

Name
Patrick Mcginley
Title
Secretary
Signed
2017-05-30
Discuss with paid preparer
Yes

Organization Details

Formed
1961
Legal Domicile
Pa
Voting Board Members
20
Independent Board Members
20
Employees
33

Preparer

Firm
Gitomer & Berenholz PC
Address
445 Shady Lane, Huntingdon Valley, PA 19006
Preparer
Ronald P Feldman CPA
Phone
2153793500
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Pension related charges related to single employer pension = -$97841

Financial Statement Notes

Part X : FIN48 Footnote

Management evaluated the committee's tax positions and concluded that the committee had maintained its tax exempt status and had taken no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. At the present time, the committee is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years before 2013.

Part XII, Line 2D: Other expenses and losses per audited F/S

Non-operating decr. In unfunded pension $97841

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IRS990/Form990PartVIISectionAGrp/PersonNm3STEPHEN CONRON
IRS990/Form990PartVIISectionAGrp/PersonNm4EDWARD CORYELL
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK SPADACCINO
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK DURALEC
IRS990/Form990PartVIISectionAGrp/PersonNm7ROBERT S HUDSON
IRS990/Form990PartVIISectionAGrp/PersonNm8ANTHONY IANNUCCI
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN BALLANTYNE
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD KELLY
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IRS990/Form990PartVIISectionAGrp/PersonNm13CRAIG MELOGRANO
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IRS990/Form990PartVIISectionAGrp/PersonNm15FRANCIS A PIETRINI
IRS990/Form990PartVIISectionAGrp/PersonNm16BENJAMIN J CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVE HAINES
IRS990/Form990PartVIISectionAGrp/PersonNm18MIKE HAND
IRS990/Form990PartVIISectionAGrp/PersonNm19JAMES X CLEMENS
IRS990/Form990PartVIISectionAGrp/PersonNm20PATRICK MCGINLEY
IRS990/Form990PartVIISectionAGrp/PersonNm21OLAF OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm22JOHN O'KEEFE
IRS990/Form990PartVIISectionAGrp/PersonNm23PHILIP RADOMSKI
IRS990/Form990PartVIISectionAGrp/PersonNm24EDWARD CORYELL JR
IRS990/Form990PartVIISectionAGrp/PersonNm25CHARLES BROCK
IRS990/Form990PartVIISectionAGrp/PersonNm26THOMAS MILLIO
IRS990/Form990PartVIISectionAGrp/PersonNm27EDWARD J WOODRUM
IRS990/Form990PartVIISectionAGrp/PersonNm28THOMAS M DUFFY
IRS990/Form990PartVIISectionAGrp/PersonNm29ROBERT G SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm30STANLEY M DURKALEC
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IRS990/Form990PartVIISectionAGrp/TitleTxt1COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt2COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt4Co-CHAIRMAN-p
IRS990/Form990PartVIISectionAGrp/TitleTxt5COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt6COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt7COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt8CoMM MEMB - P
IRS990/Form990PartVIISectionAGrp/TitleTxt9Co-CHAIRMAN - N
IRS990/Form990PartVIISectionAGrp/TitleTxt10COMM MEMB - P
IRS990/Form990PartVIISectionAGrp/TitleTxt11COMM MEMB - P
IRS990/Form990PartVIISectionAGrp/TitleTxt12COMM MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt13Treasurer - N
IRS990/Form990PartVIISectionAGrp/TitleTxt14COMM MBR
IRS990/Form990PartVIISectionAGrp/TitleTxt15COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt16COMM MEMB - N
IRS990/Form990PartVIISectionAGrp/TitleTxt17COMM MEMB - N
IRS990/Form990PartVIISectionAGrp/TitleTxt18COMM MEMB - N
IRS990/Form990PartVIISectionAGrp/TitleTxt19Co-CHAIRMAN - P
IRS990/Form990PartVIISectionAGrp/TitleTxt20Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt21COMM MEMB - N
IRS990/Form990PartVIISectionAGrp/TitleTxt22COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt23Co-CHAIRMAN - N
IRS990/Form990PartVIISectionAGrp/TitleTxt24COMM MEMB - P
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26INSTUCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27INSTRUCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28INSTRUCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29INSTRUCTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30INSTRUCTOR
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$77.0$2.55$74.5$30.6$29.0$1.67
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.3$1.98$31.4$21.3$20.6$0.71
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.4$1.42$29.9$12.0$14.7$2.64
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$0.22$14.1$6.92$7.39$0.46
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.6$1.60$15.0$6.55$6.92$0.37
2020Summary only. Only limited summary data is available for this year.$16.9$1.68$15.3$2.58$3.09$0.51
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$0.74$15.8$7.20$7.00$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$0.70$15.7$6.85$7.03$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$0.52$15.9$6.74$6.60$0.14
2016Detailed filing. Detailed filing data is available for this year.$16.4$0.57$15.8$8.70$6.63$2.08
2015Detailed filing. Detailed filing data is available for this year.$14.4$0.51$13.9$6.90$5.96$0.94
2014Detailed filing. Detailed filing data is available for this year.$13.4$0.34$13.0$5.77$5.39$0.38
2013Detailed filing. Detailed filing data is available for this year.$13.1$0.29$12.8$4.85$4.87$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$0.34$12.7$4.69
2011Summary only. Only limited summary data is available for this year.$13.3$0.50$12.8$4.91$4.84$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$0.35$12.7$5.56