Omaha Council Bluffs Bricklayers Training and Education Fund

“Rental income 16,000 total 16,000”

“Expenses office expense 186 interest expense 5,626 insurance expense 3,319 building repairs 11,515 bank service charges 518 training supplies expense 2,293 stipends 984 non-investment depreciation 16,719 total 41,160”

“Transfer to bac local union 15 training fund -593,273 the omaha-council bluffs bricklayers training and education fund decided it is in the best interest of the participants of the fund to transfer and merge its training operations with the bac local union 15 apprenticeship and training fund in order to have more economies of scale with a larger organization and provide for uniform training and standards for apprentices and journeymen. The transfer of assets was signed july 28, 2014 to take effect on november 1, 2014. The transfer agreement is electronically attached to this tax return.”

“Equipment 1,109 0 less accumulated depreciation 185 0 total 924 0”

“Accounts payable and accrued expenses 395 0 unsecured notes and loans payable 167,407 0”

“Provide training and education for bricklayer apprentices and journeymen.”