Civic Intelligence

Apprentice Education Trust Local 440

990 • Fiscal year 2022 • EIN 35-1323832

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

Organization ProfileN/A
PO Box 20425Indianapolis, IN 46220

(317) 255-4126

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

69th percentile

19%

Higher net margin than 69% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

55th percentile

2.6%

Faster asset growth than 55% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

2.9%

Faster revenue growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$6,433,930

Up $163,455 (+2.6%) from 2021

Net Assets

Up

$6,433,930

Up $163,455 (+2.6%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin69th percentile

Revenue

Up

$3,642,169

Up $103,655 (+2.9%) from 2021

Expenses

Up

$2,964,824

Up $462,338 (+18%) from 2021

Net Income

Down

$677,345

Down $358,683 (-35%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$15M$10M$5.0M$0Assets 2010: $1,937,229Liabilities 2010: $0Net Assets 2010: $1,937,2292010Assets 2011: $1,737,614Liabilities 2011: $0Net Assets 2011: $1,737,6142011Assets 2012: $1,714,657Liabilities 2012: $13,075Net Assets 2012: $1,701,5822012Assets 2013: $2,039,492Liabilities 2013: $26,843Net Assets 2013: $2,012,6492013Assets 2014: $2,191,058Liabilities 2014: $1,956Net Assets 2014: $2,189,1022014Assets 2015: $2,162,502Liabilities 2015: $0Net Assets 2015: $2,162,5022015Assets 2016: $2,428,747Liabilities 2016: $0Net Assets 2016: $2,428,7472016Assets 2017: $2,851,725Liabilities 2017: $0Net Assets 2017: $2,851,7252017Assets 2018: $4,541,727Liabilities 2018: $0Net Assets 2018: $4,541,7272018Assets 2019: $5,068,173Liabilities 2019: $18,233Net Assets 2019: $5,049,9402019Assets 2020: $5,191,821Liabilities 2020: $0Net Assets 2020: $5,191,8212020Assets 2021: $6,270,475Liabilities 2021: $0Net Assets 2021: $6,270,4752021Assets 2022: $6,433,930Liabilities 2022: $0Net Assets 2022: $6,433,9302022Assets 2023: $7,473,678Liabilities 2023: $0Net Assets 2023: $7,473,6782023Assets 2024: $10,427,382Liabilities 2024: $0Net Assets 2024: $10,427,3822024

Highlighted filing

2022

Assets$6,433,930
Liabilities$0
Net Assets$6,433,930
Open 2022 Filing

Operations Trend

Revenue Growth47th percentile

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

$10M$5.0M$0Expenses 2010: $1,640,8172010Expenses 2011: $1,667,6972011Expenses 2012: $1,747,1182012Revenue 2013: $2,212,704Expenses 2013: $1,912,855Net Income 2013: $299,8492013Revenue 2014: $2,133,753Expenses 2014: $1,970,092Net Income 2014: $163,6612014Revenue 2015: $2,061,921Expenses 2015: $2,048,657Net Income 2015: $13,2642015Revenue 2016: $2,446,689Expenses 2016: $2,205,852Net Income 2016: $240,8372016Revenue 2017: $2,705,299Expenses 2017: $2,326,594Net Income 2017: $378,7052017Revenue 2018: $3,971,966Expenses 2018: $2,225,899Net Income 2018: $1,746,0672018Revenue 2019: $2,686,990Expenses 2019: $2,303,108Net Income 2019: $383,8822019Revenue 2020: $3,226,980Expenses 2020: $3,085,099Net Income 2020: $141,8812020Revenue 2021: $3,538,514Expenses 2021: $2,502,486Net Income 2021: $1,036,0282021Revenue 2022: $3,642,169Expenses 2022: $2,964,824Net Income 2022: $677,3452022Revenue 2023: $4,827,307Expenses 2023: $4,089,657Net Income 2023: $737,6502023Revenue 2024: $8,610,383Expenses 2024: $5,726,080Net Income 2024: $2,884,3032024

Highlighted filing

2022

Revenue$3,642,169
Expenses$2,964,824
Net Income$677,345
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$4,202,216
Mission and Program Overview

Mission

Training and educational programs for apprentice and journeymen workers entering the pipefitting, heating, and air conditioning trades.

Training and educational programs for apprentice and journeymen workers

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,270,475$6,433,930▲ $163,455
Investments in Publicly Traded Securities$2,960,372$2,443,641▼ $516,731
Land, Buildings, and Equipment, Net$1,935,371$2,003,824▲ $68,453
Cash and Non-Interest-Bearing Accounts$1,040,076$1,651,844▲ $611,768
Savings and Temporary Cash Investments$334,656$334,621▼ $35
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,270,475$6,433,930▲ $163,455
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,270,475$6,433,930▲ $163,455
Total Liabilities and Net Assets / Fund Balance$6,270,475$6,433,930▲ $163,455

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,511,212$193,963$1,705,175
Equipment$475,847$620,366$1,096,213
Other Land Buildings$16,765$25,147$41,912
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Jamie FifeChairman
Chris GreinerDirector
Joe GutzwillerDirector
John SexsonDirector
Kris LongDirector
Lawrence TolleyDirector
Mike PeoplesDirector
Nick WebbDirector
Scott PrangeDirector
Chris QuinnTrustee
Don BoughTrustee
Roch RichardsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$924,022
Program Service Revenue
$2,693,804
Investment Income
$9,075
Other Revenue
$15,268
All Other Contributions
$165,859
Change in Net Assets
$677,345

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,642,169
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-513,890
Total Revenue per Audited Statements
$3,128,279
Total Revenue per Form 990
$3,642,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,323,087
Salaries, Compensation, and Employee Benefits$1,094,085
Grants and Similar Amounts Paid$547,652
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$487,698$324,874-$812,572
Grants to Domestic Individuals$547,652--$547,652
Payments to Affiliates$287,023--$287,023
Other Employee Benefits-$216,603-$216,603
Occupancy-$209,432-$209,432
Depreciation Depletion$152,925--$152,925
All Other Expenses$125,965$26,683-$152,648
Other Expenses$67,562--$67,562
Payroll Taxes$39,386$25,524-$64,910
Office Expenses-$33,577-$33,577
Insurance$4,518$26,642-$31,160
Conferences and Meetings$20,026$5,876-$25,902
Fees for Services Other-$18,931-$18,931
Fees for Service Investment Mgmnt Fees-$11,840-$11,840
Fees for Services Management-$9,000-$9,000
Total Functional Expenses$2,055,842$908,982$0$2,964,824

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,964,824
Total Expenses per Audited Statements$2,964,824
Total Expenses per Form 990$2,964,824
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The trust is managed by two trustees, one of whom is employed by mechanical contractors association of indiana, inc. (mcai), an industry trade organization. The other is the business manager for the plumbers and steamfitters local #440 u.a. (local #440). The trust is a separate entity but receives administrative assistance from both mcai and local #440.”

Form 990, Part VI, Section B, Line 11B

“A complete copy of the form 990 is provided to all board members for their review before the form 990 is filed.”

Form 990, Part VI, Section B, Line 12C

“The board receives and reviews signed conflict of interest forms annually.”

Form 990, Part VI, Section C, Line 18

“A complete copy of the form 990 is available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Apprentice Education Trust
EIN
35-1323832
Phone
3172554126
Address
PO BOX 20425, INDIANAPOLIS, IN 46220

Signing Officer

Name
Chris Quinn
Title
Trustee
Phone
3172554126
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Quinn
Formed
1974
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
59
Volunteers
12

Preparer

Firm
Sikich Llp
Address
8555 N RIVER RD 300, INDIANAPOLIS, IN 46240
Preparer
Bridgette Mugge
Phone
3178424466
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The fund has received an exemption letter from the internal revenue service ("irs") dated january 24, 2001, stating the fund is tax exempt under the provisions of section 501(c)(3) of the u.s. Internal revenue code. Federal and state taxes on unrelated business income, if applicable are provided at the statutory tax rates. The fund has been classified as an organization that is not a private foundation within the meaning of section 509(a). Us gaap requires plan management to evaluate tax positions taken by the fund and recognize a tax liability (or asset) if the fund has taken an uncertain tax position that more likely than not would not be sustained upon examination by the irs. The fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Raw XML AppendixShowing 400 of 465 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0216603
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0216603
IRS990/OtherExpensesGrp/Desc0WELDING EQUIPMENT
IRS990/OtherExpensesGrp/Desc1APPRENTICE BOOKS
IRS990/OtherExpensesGrp/Desc2SCHOOL EQUIPMENT
IRS990/OtherExpensesGrp/Desc3INSTRUCTOR TRAINING
IRS990/OtherExpensesGrp/ProgramServicesAmt0120137
IRS990/OtherExpensesGrp/ProgramServicesAmt1112056
IRS990/OtherExpensesGrp/ProgramServicesAmt290894
IRS990/OtherExpensesGrp/ProgramServicesAmt367562
IRS990/OtherExpensesGrp/TotalAmt0120137
IRS990/OtherExpensesGrp/TotalAmt1112056
IRS990/OtherExpensesGrp/TotalAmt290894
IRS990/OtherExpensesGrp/TotalAmt367562
IRS990/OtherRevenueMiscGrp/BusinessCd0812900
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015268
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015268
IRS990/OtherRevenueTotalAmt015268
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0324874
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0487698
IRS990/OtherSalariesAndWagesGrp/TotalAmt0812572
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0287023
IRS990/PaymentsToAffiliatesGrp/TotalAmt0287023
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025524
IRS990/PayrollTaxesGrp/ProgramServicesAmt039386
IRS990/PayrollTaxesGrp/TotalAmt064910
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRIS QUINN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/Desc0INDUSTRY CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM FEES AND BOOK
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02585446
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1108358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02585446
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1108358
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0827822
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0280257
IRS990/PYInvestmentIncomeAmt083809
IRS990/PYOtherExpensesAmt01102128
IRS990/PYOtherRevenueAmt037190
IRS990/PYProgramServiceRevenueAmt02589693
IRS990/PYRevenuesLessExpensesAmt01036028
IRS990/PYSalariesCompEmpBnftPaidAmt01120101
IRS990/PYTotalExpensesAmt02502486
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03538514
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0677345
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02709072
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06270475
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06433930
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0334656
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0334621
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0475847
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0620366
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01096213
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02964824
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01511212
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0193963
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01705175
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-513890
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016765
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025147
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt041912
IRS990ScheduleD/RevenueNotReportedAmt0-513890
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03642169
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUND HAS RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") DATED JANUARY 24, 2001, STATING THE FUND IS TAX EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. FEDERAL AND STATE TAXES ON UNRELATED BUSINESS INCOME, IF APPLICABLE ARE PROVIDED AT THE STATUTORY TAX RATES. THE FUND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A). US GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FUND HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02003824
IRS990ScheduleD/TotalExpensesPerForm990Amt02964824
IRS990ScheduleD/TotalRevenuePerForm990Amt03642169
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03128279
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02964824
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED IN LOCAL NEWSPAPER DURING PERIOD OF ACCEPTING APPLICATION FOR ENROLLMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0547652
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0IVY TECH STUDENT FEES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0308
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0100% OF OUR FINANCIALS INCLUDING THE IVY TECH FUNDS ARE REVIEWED BY OUR JOINT APPRENTICESHIP TRAINING COMMITTEE ON A MONTHLY BASIS. THIS FUNDING IS USED IN CONJUNCTION WITH THE IVY TECH DEGREE PROGRAM AND ANY ADDITIONAL FUNDS RECEIVED FROM IVY TECH ARE PUT INTO THE APPRENTICESHIP TRUST TO BE USED ONLY FOR TRAINING OF LOCAL 440 APPRENTICES AND MEMBERS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST IS MANAGED BY TWO TRUSTEES, ONE OF WHOM IS EMPLOYED BY MECHANICAL CONTRACTORS ASSOCIATION OF INDIANA, INC. (MCAI), AN INDUSTRY TRADE ORGANIZATION. THE OTHER IS THE BUSINESS MANAGER FOR THE PLUMBERS AND STEAMFITTERS LOCAL #440 U.A. (LOCAL #440). THE TRUST IS A SEPARATE ENTITY BUT RECEIVES ADMINISTRATIVE ASSISTANCE FROM BOTH MCAI AND LOCAL #440.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW BEFORE THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD RECEIVES AND REVIEWS SIGNED CONFLICT OF INTEREST FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COMPLETE COPY OF THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06270475
IRS990/TotalAssetsEOYAmt06433930
IRS990/TotalAssetsGrp/BOYAmt06270475
IRS990/TotalAssetsGrp/EOYAmt06433930
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0924022
IRS990/TotalEmployeeCnt059
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0908982
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02055842
IRS990/TotalFunctionalExpensesGrp/TotalAmt02964824
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,433,930
Liabilities
$0
Net assets
$6,433,930
Revenue
$3,642,169
Expenses
$2,964,824
Net income
$677,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.4$0.00$10.4$8.61$5.73$2.88
2023Detailed filing. Detailed filing data is available for this year.$7.47$0.00$7.47$4.83$4.09$0.74
2022Detailed filing. Detailed filing data is available for this year.$6.43$0.00$6.43$3.64$2.96$0.68
2021Detailed filing. Detailed filing data is available for this year.$6.27$0.00$6.27$3.54$2.50$1.04
2020Detailed filing. Detailed filing data is available for this year.$5.19$0.00$5.19$3.23$3.09$0.14
2019Detailed filing. Detailed filing data is available for this year.$5.07$0.02$5.05$2.69$2.30$0.38
2018Detailed filing. Detailed filing data is available for this year.$4.54$0.00$4.54$3.97$2.23$1.75
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$2.71$2.33$0.38
2016Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$2.45$2.21$0.24
2015Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$2.06$2.05$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.19$0.00$2.19$2.13$1.97$0.16
2013Detailed filing. Detailed filing data is available for this year.$2.04$0.03$2.01$2.21$1.91$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.01$1.70$1.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.00$1.74$1.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.00$1.94$1.64