Local 251 Training Fund

Address
1201 Elmwood Avenue
Providence, RI 02907
Contact
Phone: +1 (401) 467-3323
Nonprofit
NTEE: T31 - Community Foundations
EIN: 05-0516080

Mission

Train and educate individuals in specialized skills to qualify for employment.
 20172016201520142013
Basic features of the organization
Metropolitan statistical area6483
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel $0.00$0.00  
Number of employees 30  
Number of people compensated >$100k 00  
Number of highly compensated contractors 00  
Personnel
Gammino, Michael
TitleTrusteeTrusteeTrusteeTrusteeTrustee
Name of key/compensated personMichael GamminoMichael GamminoMichael GamminoMichael GamminoMichael Gammino
Position of compensated person
Current individual trustee or director TrueTrue  
Officer, director, trustee, or key employeeTrue  TrueTrue
Average hours per week working for org 0.000.00  
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Average hours per week working for related orgs 0.000.00  
Reddy, Kevin
Title   Trustee-formerTrustee
Name of key/compensated person   Kevin ReddyKevin Reddy
Officer, director, trustee, or key employee   TrueTrue
Reportable compensation from org   $0.00$0.00
Taibi, Matthew
TitleTrusteeTrusteeTrusteeTrustee 
Name of key/compensated personMatthew TaibiMatthew TaibiMatthew TaibiMatthew Taibi 
Position of compensated person
Current individual trustee or director TrueTrue  
Officer, director, trustee, or key employeeTrue  True 
Average hours per week working for org 0.000.00  
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $109,777.00$106,920.00  
Average hours per week working for related orgs 40.0040.00  
Purpose: mission, activities, & accomplishments
Mission or significant activities Train and educate individuals in specialized skills to qualify for employment.Train and educate individuals in specialized skills to qualify for employment.  
Primary exempt purposeTrain and educate individuals in specialized skills to qualify for employment.  Train and educate individuals in specialized skills to qualify for employment.Train and educate individuals in specialized skills to qualify for employment.
Program service expenses, total$218,231.00$234,967.00$165,568.00$216,777.00 
Programs, including revenue & expenses
To train and educate its members and unemployed individuals of the states of RI and MA in specialized skills to enable them to qualify for employment opportunities.
Program expenses $234,967.00$165,568.00  
Program revenue  $347,786.00  
Program description To train and educate its members and unemployed individuals of the states of RI and MA in specialized skills to enable them to qualify for employment opportunities.To train and educate its members and unemployed individuals of the states of RI and MA in specialized skills to enable them to qualify for employment opportunities.  
Financial data
Revenue
Total revenue$199,383.00$270,754.00$348,899.00$113,357.00$150,251.00
Revenue from contributions (total) $0.00$0.00$0.00$0.00
Investment income, current yr$483.00$4,868.00$1,005.00$842.00$1,781.00
Total revenue from grants, etc., current yr $0.00$0.00  
Total unrelated business revenue $0.00$0.00  
Other revenue, current yr $0.00$0.00  
Program service revenue (total) $265,886.00$347,894.00$112,515.00$148,470.00
Gross receipts $270,754.00$348,899.00  
Other types of revenue
Royalties (total) $0.00$0.00  
Miscellaneous revenue (total) $0.00$0.00  
Net revenue from gaming (total) $0.00$0.00  
Income from dividends, interest, and similar investments $618.00$605.00  
Net rental income $0.00$0.00  
Net income from fundraising events $0.00$0.00  
Net inventory sales (total) $0.00$0.00  
Expense categories (totals)
Total functional expenses: sum of all $296,959.00$221,419.00  
Total functional expenses: program service  $234,967.00$165,568.00  
Total functional expenses: management and general $61,992.00$55,851.00  
Total functional expenses: fundraising $0.00$0.00  
Fees for services
Lobbying fees (total) $0.00$0.00  
Legal fees (total) $0.00$550.00  
Fundraising service fees (total) $0.00$0.00  
General management fees (total) $26,130.00$26,260.00  
Investment management fees (total) $0.00$0.00  
Assets and liabilities
Total assets$209,701.00$324,996.00$329,331.00$201,416.00$316,432.00
Total assets, beginning of year$324,996.00$329,331.00$201,416.00$316,432.00$496,980.00
Total liabilities$20,276.00$29,944.00$8,074.00$7,639.00$19,235.00
Total liabilities, beginning of year$29,944.00$8,074.00$7,639.00$19,235.00$27,361.00
Pledges & accounts receivable, net $0.00$0.00  
Loans & receivables from key persons $0.00$0.00  
Unrestricted net assets, end of yr $295,052.00$321,257.00  
Net assets$189,425.00$295,052.00$321,257.00$193,777.00$297,197.00
Net assets, beginning of year $321,257.00$193,777.00  
Intangible assets $0.00$0.00  
Other assets $0.00$25,766.00  
Investments: other securities $0.00$0.00  
Investments: publicly traded securities $0.00$0.00  
Cash: non-interest bearing $49,983.00$37,990.00  
Cash: non-interest bearing, beginning of year $37,990.00$14,109.00  
Investments -- program-related $0.00$0.00  
Inventories for sale or use $0.00$0.00  
Other financial variables
Revenue less expenses -$26,205.00$127,480.00  
Advertising (total) $0.00$0.00  
Savings & temp cash investment $154,891.00$154,272.00  
Accounts receivable, net $21,939.00$76,403.00  
Prepaid expenses & deferred charges $8,309.00$0.00  
Accounts payable & accrued expenses $29,944.00$8,074.00  
Total net assets or fund balances $295,052.00$321,257.00  
Depreciation, depletion, amortization $20,074.00$10,541.00  
Payment to affiliates $0.00$0.00  
Governance and accountability
Number of voting members 22  
Number of independent voting members 00  
Financial sheets audited TrueTrue  
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-04-012015-04-012014-04-012013-04-012012-04-01
Tax year end date2017-03-012016-03-012015-03-012014-03-012013-03-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990EZ990990990EZ990EZ
Date e-filing submitted2018-01-042016-10-202015-09-292014-10-202013-09-26
IRS schema version2016v3.02015v2.02014v5.02013v3.12012v2.0
Filing identifier201723389349200257201611899349300301201522409349300402201422269349200027201332179349200308
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