2024-03-15T08:23:12-05:00 2023-04-30 232586736 DANIEL A WINTERS & COMPANY CPAS 6 DICKINSON DR STE 205 CHADDS FORD PA 19317 990 2022-05-01 236209472 STEAMFITTERS LOCAL 420 APPRENTICESHIP AND JOURNEYMAN TRAINING FUND STEA 2673502600 14420 TOWNSEND ROAD SUITE C PHILADELPHIA PA 19154 THOMAS F REDDEN III TRUSTEE 2673502600 2024-03-15 1 THOMAS REDDEN III 999009999 0 CRAIG D WINTERS CPA P00154131 6103582000 2024-03-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS F REDDEN III 14420 TOWNSEND ROAD SUITE C PHILADELPHIA PA 19154 4186110 0 X N/A X 1955 PA APPRENTICESHIP & JOURNEYMEN EDUCATION 8 8 32 0 0 0 12000 39000 3648481 3744915 -1 -6048 8462 1715 3668942 3779582 0 0 0 0 2609261 2904708 0 0 0 1258573 1338666 3867834 4243374 -198892 -463792 3714254 4273215 9693 1023087 3704561 3250128 X THE LOCAL UNION 420 JOINT APPRENTICESHIP AND TRAINING COMMITTEE RECOGNIZES THE NEED FOR STRUCTURED TRAINING TO MAINTAIN THE HIGH LEVEL OF SKILL AND COMPETENCE DEMANDED IN THE PIPE TRADES.REGISTERED APPRENTICESHIP PROVIDES THE MOST PRACTICAL AND SOUND METHOD TO MEET THAT NEED, TO PREPARE INDIVIDUALS TO BE SKILLED CRAFT WORKERS, AND TO ENSURE INDUSTRY ADEQUATE SUPPLY OF SKILLED WORKERS. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE. 0 0 3710787 3740582 APPRENTICESHIP TRAINING AND EDUCATION FOR APPRENTICES AND JOURNEYMEN IN STEAMFITTERS' LOCAL UNION NO. 420. THERE ARE APPROXIMATELY 400 DAY AND EVENING STUDENTS. 3710787 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 3 0 1 32 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X THOMAS F REDDEN III 2673504200 14420 TOWNSEND ROAD SUITE C PHILADELPHIA PA 19154 X X JAMES SNELL TRUSTEE 1.00 X 0 0 0 GARY ANDRESS TRUSTEE 1.00 X 0 0 0 PAT SHERIDAN TRUSTEE 1.00 X 0 0 0 LEN DITULLIO TRUSTEE 1.00 X 0 0 0 JIM DOUGHERTY TRUSTEE 1.00 X 0 0 0 THOMAS F REDDEN III TRUSTEE 1.00 X 0 0 0 ROLAND HOCKE TRUSTEE 1.00 X 0 0 0 DAVID LENTZ TRUSTEE 1.00 X 0 0 0 THOMAS GRAZIANORESIGNED TRUSTEE 1.00 X 0 0 0 JAMES GALLAGHER RESIGNED TRUSTEE 1.00 X 0 0 0 PETER A KLEIN DIRECTOR-MECHANICAL 45.00 X 184112 0 138824 BRETT A CUTLER DIRECTOR-SERVICING 45.00 X 181017 0 128634 GREGORY R BECK INSTRUCTOR 40.00 X 187089 0 83636 FRANCIS X MCGRATH INSTRUCTOR 40.00 X 153190 0 83636 WILLIAM J COLEMAN III INSTRUCTOR 40.00 X 184144 0 83311 PETER A IANNOZZI INSTRUCTOR 40.00 X 183125 0 83311 PAUL E KIRK INSTRUCTOR 40.00 X 106248 0 48891 1178925 0 650243 7 0 1 0 STEAMFITTERS LOCAL UNION 420 BUILDING FU 14420 TOWNSEND ROAD PHILADELPHIA PA 19154 RENT AND UTILITIES 392760 1 39000 39000 RECEIPTS FROM EMPLOYER 611600 3670887 3670887 STUDENT FEES 611600 47943 47943 WELDING PROGRAM RECEIP 611600 26085 26085 3744915 400480 406528 -6048 -6048 -6048 DISCOUNTS 900099 1715 1715 1715 3779582 3740582 0 0 1885153 1508122 377031 637193 598961 38232 140463 132035 8428 101887 95774 6113 140012 131611 8401 13281 13281 23925 23925 480 480 174957 164460 10497 468466 440358 28108 24195 22743 1452 54520 51249 3271 170625 160388 10237 28818 27089 1729 TRAINING SCHOOL SUPPLIE 356039 356039 EQUIPMENT RENTAL & MAIN 23360 21958 1402 4243374 3710787 532587 0 200 200 432536 482274 5440318 3573426 1979365 1866892 1300896 903727 1257 1020122 3714254 4273215 1018865 9693 4222 9693 1023087 X 3704561 3250128 0 0 0 0 3704561 3250128 3714254 4273215 -463792 9359 0 X X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3613946 1875117 1738829 1826372 1698309 128063 1866892 BLACKROCK INT GOVT/CREDIT BOND INDEX FUND 903720 F BLACKROCK U.S. MONEY MARKET FUND B 7 F 903727 RIGHT-OF-USE ASSET 1018865 NET DUE TO/FORM AFFLIIATES 1257 1020122 PAYROLL DEDUCTIONS 4222 4222 X 3788461 9359 9359 3779102 480 480 3779582 4242894 0 4242894 480 480 4243374 PART X, LINE 2: ASC TOPIC 740 - INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, INCLUDING THE ENTITY'S STATUS AS A TAX-EXEMPT ENTITY. THE PLAN HAS DETERMINED THERE IS NO IMPACT OF ASC TOPIC 740 ON ITS FINANCIAL STATEMENTS FOR THE YEARS ENDED APRIL 30, 2023 AND 2022. THE PLAN IS NO LONGER SUBJECT TO FEDERAL INCOME EXAMINATION FOR THE YEARS ENDED PRIOR TO APRIL 30, 2020. 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL ADVERTISES FOR APPRENTICE APPLICANTS IN LOCAL NEWSPAPERS. THE SCHOOL ALSO PUBLICIZES ITS POLICY THROUGH THE PUBLIC SCHOOL SYSTEM, EMPLOYMENT AGENCIES, AND COMMUNITY GROUPS. SCHEDULE E, PART I, LINE 4 THE FUND DOES NOT ISSUE SCHOLARSHIPS OR OTHER FINANCIAL AID THE FUND DOES NOT SOLICIT CONTRIBUTIONS X 0 0 0 0 0 0 0 0 0 PETER A KLEIN DIRECTOR-MECHANICAL 183297 0 0 0 815 0 102711 0 36113 0 322936 0 0 0 BRETT A CUTLER DIRECTOR-SERVICING 178602 0 0 0 2415 0 93106 0 35528 0 309651 0 0 0 GREGORY R BECK INSTRUCTOR 187089 0 0 0 0 0 50786 0 32850 0 270725 0 0 0 WILLIAM J COLEMAN III INSTRUCTOR 184144 0 0 0 0 0 50587 0 32724 0 267455 0 0 0 PETER A IANNOZZI INSTRUCTOR 183125 0 0 0 0 0 50587 0 32724 0 266436 0 0 0 FRANCIS X MCGRATH INSTRUCTOR 153190 0 0 0 0 0 50786 0 32850 0 236826 0 0 0 PAUL E KIRK INSTRUCTOR 106248 0 0 0 0 0 29523 0 19368 0 155139 0 0 0 STEAMFITTERS LOCAL UNION NO 420 COMMON TRUSTEES/OFFICERS 468466 RENT AND SHARED EXPENSES 0 STEAMFITTERS LOCAL UNION NO 420 PENSION PLAN COMMON TRUSTEES 160666 FRINGE BENEFITS 0 STEAMFITTERS LOCAL UNION NO 420 WELFARE PLAN COMMON TRUSTEES 190480 FRINGE BENEFITS 0 FORM 990, PART VI, SECTION A, LINE 7A THE FUND IS ADMINISTERED BY EIGHT (8) TRUSTEES. FOUR OF WHOM ARE APPOINTED BY THE UNION, TWO (2) OF WHOM ARE APPOINTED BY THE MECHANICAL CONTRACTORS ASSOCIATION OF EASTERN PENNSYLVANIA, INC., AND TWO (2) ARE APPOINTED BY THE SERVICING CONTRACTORS ASSOCIATION OF GREATER DELAWARE VALLEY, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FUND'S EXTERNAL ACCOUNTANTS, DANIEL A. WINTERS & COMPANY, CPA'S, PREPARES THE FUND'S FORM 990 BASED ON INPUT FROM THE FUND. THE FORM IS THEN GIVEN TO THE FUND'S ON-STAFF ACCOUNTANT AND THE UNION'S SECRETARY TREASURER WHO IS A TRUSTEE OF THE FUND, FOR REVIEW AND SIGNATURE, AND THEN THE FORM IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE FUND'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE FUND DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART VII, SECTION A: BRETT A. CUTLER AND PETER A. KLEIN ARE PAID BY ANOTHER ENTITY, NOT RELATED (PER IRS DEFINITION) TO THIS PLAN, BUT THIS PLAN FULLY REIMBURSES THAT ENTITY FOR THESE INDIVIDUAL'S SALARIES AND BENEFITS. THEREFORE, THESE INDIVIDUAL'S SALARIES AND BENEFITS ARE ACCOUNTED FOR, DISCLOSED AND REFLECTED ON THIS FORM 990 AND REPORTED AS THOUGH THEY ARE EMPLOYEES WHOSE SALARIES AND BENEFITS ARE PAID BY THIS PLAN, PER THE FORM 990 INSTRUCTIONS. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ARE RESPONSIBLE FOR THE OVERSIGHT OF THE ANNUAL AUDIT OF THE PLAN'S BOOKS AND RECORDS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.