Austin Electrical Joint Apprenticeship & Training Tr Fund

“Prior to filing, the 990 is reviewed by board members during a meeting of the governing body.”

“Salary for the training director is set by the bargaining agreement between the local and the participating contractors.”

“The governing documents and financials are available to the public upon written request to the board.”

“The organization is filing an amended return to reflect multiple corrected amounts reported for revenue, expenses, assets and net assets due to changes in the 2020, 2021, and 2022 audited financials from the time of the original 990 filing to the completion of the audit. The summary of changes to the core 990 forms are as follows: - the prior year column on part i and beginning of the year column on part x changed due to 2020 amendment filing. - part viii, line 3, columns (a) & (d) changed from $259 to $260 and line 11a removed vendor refund for $13,430. These changes brought line 12, column (b) total from $315,177 to $301,746 and column (a) total from $1,293,926 to $1,280,496. These changes affected part iii, statement of program service revenue on line 4a. - part ix, column (a): - line 13 (office expenses) changed from $17,562 to $15,747. - line 14 (information technology) changed from $16,994 to $17,900. - line 17 (travel) changed from $432 to $1,028. - line 22 (depreciation) changed from $64,042 to $76,388. - line 24a (class materials) changed from $151,890 to $69,320 and moved to line 24b. - line 24c (repairs and maintenance) changed from $56,236 to $22,300. - line 24e (other expenses) changed from $31,052 to $30,451. - line 25 changed from $975,532 to $870,277 due to the above functional expense changes. - part ix, line 25, column (b) changed from $471,823 to $438,599 and column (c) changed from $503,709 to $431,678 due to various functional expense allocation changes in program and mg&a. This change affected part iii, statement of program service expenses on line 4a. (due to 2020 form 990 amendment) - part x, column (a): - line 10c changed from $1,318,527 to $1,330,173. - line 27 changed from $1,595,633 to $1,607,379. - line 28 changed from $870 to $770. - lines 16 & 33 changed from $1,598,383 to $1,610,029 due to the above changes. - part x, column (b): - line 1 changed from $668,846 to $739,523. - line 10a & line 10b changed, respectively, from $2,516,198 to $2,452,774 and $1,250,067 to $1,165,495. This change caused line 10c to change from $1,266,131 to $1,287,279. - line 27 changed from $1,925,773 to $2,017,597. - line 28 changed from $770 to $771. - lines 16 & 33 changed from $1,934,977 to $2,026,802 due to the above changes. The summary of changes to schedules are as follows: - schedule d, part vi, column (b) cost or other basis: - line 1c changed from $34,032 to $66,643. - line 1d changed from $210,838 to $113,920. - line 1e changed from $71,984 to $72,867. - schedule d, part vi, column (c) accumulated depreciation: - line 1c changed from $6,538 to $12,246. - line 1d changed from $160,239 to $69,906. - line 1e changed from $59,059 to $59,112. - schedule d, part xi, lines 1, 3 & 5 changed from $1,293,926 to $1,280,496. - schedule d, part xii, lines 1, 3 & 5 changed from $975,532 to $870,277.”