2024-04-11T15:00:48-05:00 2023-05-31 363168081 SIKICH LLP 17335 GOLF PARKWAY SUITE 500 BROOKFIELD WI 53045 990 2022-06-01 390945040 STEAMFITTERS TRAINING SCHOOL STEA 4145430601 3300 S 103RD STREET MILWAUKEE WI 53227 DOUG EDWARDS CHAIRMAN 4145430601 2024-04-10 1 DOUG EDWARDS 999009999 0 BRIDGETTE MUGGE P00671418 2627549400 2024-04-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DOUG EDWARDS 3300 S 103RD STREET MILWAUKEE WI 53227 5985917 0 X WWW.STEAM601.ORG X 1959 WI TO OPERATE AND MAINTAIN A SCHOOL OR TRAINING PROGRAM FOR WORKMEN IN THE PIPE-FITTING TRADE. 7 7 160 8 0 0 29226 65000 4542948 5621194 26074 923 48354 46667 4646602 5733784 0 0 0 0 2578739 3178065 0 0 0 2063519 1841720 4642258 5019785 4344 713999 2346768 3086131 550395 582528 1796373 2503603 TO OPERATE AND MAINTAIN A SCHOOL OR TRAINING PROGRAM FOR WORKMEN IN THE PIPE-FITTING TRADE. 0 0 4591817 0 5667861 THE TRAINING SCHOOL WAS ORGANIZED TO ESTABLISH, OPERATE AND MAINTAIN A SCHOOL OR TRAINING PROGRAM FOR WORKMEN IN THE PIPEFITTING TRADE AND RELATED OCCUPATIONS, INCLUDING, WITHOUT LIMITATIONS, CLASSES ON INSTRUCTION, INSTITUTES, CONFERENCES AND EDUCATIONAL MEETINGS. APPROXIMATELY 286 APPRENTICES AND 48 PRE-APPRENTICES WERE IN THE PROGRAM AS OF 5/31/23. 4591817 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 160 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DOUG EDWARDS CHAIRMAN 4145430601 3300 S 103RD STREET MILWAUKEE WI 53227 JOEL ZIELKE CHAIRMAN 1.00 X X 0 0 0 DAJEN BOHACEK SECRETARY 1.00 X X 0 0 0 DOUG EDWARDS UNION TRUSTEE 1.00 X X 0 0 0 DAVID LEWIS II LABOR TRUSTEE (THRU 6/22) 5.00 X 13260 0 4770 MARK RIEHLE EMPLOYER TRUSTEE 1.00 X 0 0 0 DAVID AHLER EMPLOYER TRUSTEE (THRU 9/22) 1.00 X 0 0 0 RICHARD SAWHILL EMPLOYER TRUSTEE 1.00 X 0 0 0 BRIAN TOUTANT UNION TRUSTEE 1.00 X 0 0 0 DEAN JULIEN LABOR TRUSTEE (FROM 6/22) 1.00 X 0 0 0 DANIEL KOSINSKI WELDING TRAINING COORDINATOR 45.00 X 129676 0 59023 JAMES LEMENS MADISON TRAINING COORDINATOR 45.00 X 132443 0 53656 CHRISTOPHER VALERINE TRAINING DIRECTOR 48.00 X 141995 0 60893 JOSHUA HARRIS WELD PROGRAM ADMINISTRATOR 45.00 X 104918 0 47687 522292 0 226029 4 0 1 0 0 65000 65000 EMPLOYER CONTRIBUTIONS 900099 4669897 4669897 WELDING REIMBURSEMENTS 900099 739910 739910 TUITION 900099 127300 127300 SALES OF BOOKS & MANUA 900099 50009 50009 SCHOLARSHIP LOAN AGREE 900099 31128 31128 2950 2950 5621194 20917 20917 232139 250217 1916 -18078 -1916 -19994 -19994 MISCELLANEOUS 900099 46667 46667 46667 5733784 5667861 0 923 8440 8440 2043217 2043217 585861 585861 362425 362425 178122 178122 30004 30004 3060 3060 31422 31422 73059 73059 840386 840386 44288 44288 149689 149689 10399 10399 TRAINING MATERIALS AND 543770 543770 REPAIRS AND MAINTENANCE 43942 43942 CONTESTS 24517 24517 MISCELLANEOUS 23007 23007 24177 5079 19098 5019785 4591817 427968 0 585805 1222283 32888 30712 439088 585991 3582 3753 1763021 1017275 782945 745746 502460 497646 2346768 3086131 550395 582528 550395 582528 X 1796373 2503603 1796373 2503603 2346768 3086131 713999 -6769 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 360562 73277 287285 1117076 740180 376896 285383 203818 81565 745746 X 5723955 -6769 -6769 5730724 3060 3060 5733784 5016725 0 5016725 3060 3060 5019785 PART X, LINE 2: THE INTERNAL REVENUE SERVICE ("IRS") HAS RULED THAT THE SCHOOL QUALIFIES UNDER SECTION 501(C)(3) OF THE IRC AND IS, THEREFORE, NOT SUBJECT TO TAX UNDER PRESENT INCOME TAX LAWS. HOWEVER, THE SCHOOL IS SUBJECT TO TAXES ON ANY UNRELATED BUSINESS TAXABLE INCOME, PURSUANT TO SECTION 511(A). THE SCHOOL HAD NO UNRELATED BUSINESS INCOME TAX FOR THE YEAR AND FIVE MONTHS ENDED MAY 31, 2022 AND 2021. THE SCHOOL IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLIC NOTICE POSTED ON BULLETIN BOARD OF LOCAL UNION OFFICES AND PUBLIC NOTICE POSTED WITH THE DEPT. OF INDUSTRY. 0 0 0 0 0 0 0 0 0 CHRISTOPHER VALERINE TRAINING DIRECTOR 141995 0 0 0 0 0 33489 0 27404 0 202888 0 0 0 DANIEL KOSINSKI WELDING TRAINING COORDINATOR 129676 0 0 0 0 0 32463 0 26560 0 188699 0 0 0 JAMES LEMENS MADISON TRAINING COORDINATOR 132443 0 0 0 0 0 32011 0 21645 0 186099 0 0 0 JOSHUA HARRIS WELD PROGRAM ADMINISTRATOR 104918 0 0 0 0 0 26416 0 21271 0 152605 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS CIRCULATED TO ALL TRUSTEES VIA EMAIL. ONCE REVIEWED AND APPROVED, THE CHAIRMAN WILL SIGN THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C IF APPROPRIATE, THE CHAIRMAN OF THE BOARD WILL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD WILL DETERMINE WHETHER THE FUND CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD WILL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FUND'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. BASED ON THAT DETERMINATION, IT WILL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES SALARIES FOR THE TEACHERS AND APPRENTICE AND TRAINING COORDINATOR. THE OFFICE STAFF SALARIES ARE COLLECTIVELY BARGAINED FOR BY OFFICE WORKERS LOCAL 9. SALARIES ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.