IBEW Local 223 Joint Apprenticeship and Training Trust

IBEW Local 223 Joint Apprenticeship and Training Trust

Tanton, MA, US
501(c)3
EIN
23-7379806
School

IBEW Local 223 Joint Apprenticeship and Training Trust

Tanton, MA, US
501(c)3
EIN
23-7379806
School

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$885,535

Program Services
94%
Investments
5%
Other
1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$579,594

Salaries & Benefits
45%
Other
24%
Offices, Occupancy & IT
23%
Fees to Service Providers
5%
Depreciation
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$795,409
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$62,904
$830,840
+1221%
Membership Dues
$0
$0
-
Investments
$18,370
$42,546
+132%
Other
$4,675
$12,149
+160%
Total Revenues
$881,358
$885,535
+0%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$245,447
$260,110
+6%
Fees to Service Providers
$21,213
$26,748
+26%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$119,478
$134,393
+12%
Interest
$0
$0
-
Depreciation
$12,674
$18,789
+48%
Other
$140,989
$139,554
-1%
Total Expenses
$539,801
$579,594
+7%
Net income
2023
2024
Change
Net income
+$341,557
+$305,941
-10%
Functional Expenses
Summary
2023
2024
Change
Program
$450,464
$457,242
+2%
Admin
$89,337
$122,352
+37%
Fundraising
$0
$0
-
Total Expenses
$539,801
$579,594
+7%
Income Statement
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