2026-03-02T16:56:25-06:00 2024-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-01-01 941201260 UA Local 467 Apprenticeship And Training Trust For San Mateo County UALO 6506920442 1519 Rollins Road Burlingame CA 94010 Mark Burri Secretary/Labor Trustee 6506920442 2026-02-27 1 1 Kim Hunwardsen CPA P00484560 6122536500 2026-02-27 2024 2025-03-06 01:10:19Z Stephan Schnell 1519 Rollins Road Burlingame CA 94010 2801314 0 X https://ualocal467.org/training.aspx X 1955 CA Operation of a training school for apprentice and journey-level pipe trade workers. 12 12 35 12 0 0 1185746 753449 2276106 1961477 56929 86288 0 100 3518781 2801314 0 0 0 0 1634947 1766099 0 0 0 1069722 977042 2704669 2743141 814112 58173 5961262 3819148 94007 5782 5867255 3813366 X To provide for the establishment and administration of an Apprenticeship and Training Trust for members of UA Local 467 and other UA Local Unions who are working primarily in the jurisdiction of the UA Local 467. The purposes include educating and training persons in all phases of the Plumbing and Pipe Fitting Industry to the end that there shall be an adequate supply of educated and skilled journeymen available for the jurisdiction. 0 0 2332977 1961477 The organization operates a vocational training school serving construction industry employers and employees. During the year we served approximately 1,000 apprentice and journey-level construction workers. 2332977 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 9 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X Stephan Schnell 6506920442 1519 Rollins Road Burlingame CA 94010 James J Kastelic Chairman/Employer Trustee 5.00 0.10 X X 0 0 0 Jim Barrett Co-Chairman/Labor Trustee 5.00 0.10 X X 854 0 0 Mark Burri Secretary/Labor Trustee 8.00 0.10 X X 0 0 0 Scott Beale Treasurer/Labor Trustee 5.00 0.10 X X 0 0 0 Ryan Marr-Wyatt Labor Trustee 11.00 0.10 X 41750 0 0 Eric Tassio Labor Trustee 5.00 0.10 X 0 0 0 Mark Nelson Labor Trustee (Until 9/2024) 5.00 0.10 X 0 0 0 Joel Balcioni Labor Trustee (From 9/2024) 5.00 0.10 X 0 0 0 Ron Bellanti Employer Trustee 5.00 0.10 X 0 0 0 Alex Hall Employer Trustee 5.00 0.10 X 0 0 0 Phil Carlevaris Employer Trustee 5.00 0.10 X 0 0 0 Don Taylor Employer Trustee 5.00 0.10 X 0 0 0 Scott Denny Employer Trustee (Until 5/2024) 5.00 0.10 X 0 0 0 Curtis Russell Employer Trustee (From 5/2024) 5.00 0.10 X 0 0 0 Stephan Schnell Advisor/Training Director 45.00 0.00 X 247558 0 142005 Tom Johnson Curriculum Coordinator 40.00 0.00 X 200168 0 128752 490330 0 270757 2 0 1 0 0 699589 53860 753449 Employer Contributions 611513 1957653 1957653 3824 3824 1961477 86288 86288 100 0 100 100 100 2801314 1961477 0 86388 432166 295819 136347 27796 27796 1029583 950734 78849 127112 117447 9665 48883 45226 3657 100559 88209 12350 54614 54614 42459 39707 2752 92501 92501 38656 38656 28313 28313 15881 15881 117602 117602 38998 38998 Apprenticeship Training 485873 485873 Journeyman Training Exp 56182 56182 5963 5963 2743141 2332977 410164 0 66 66 320109 242714 167424 0 1459237 1177620 2635252 281617 2799098 3294751 39313 0 5961262 3819148 50418 5782 43589 0 94007 5782 X 5867255 3813366 5867255 3813366 5961262 3819148 X 58173 422350 791178 -3325590 X X 0 1 X 1 0 X 510317 675274 640478 1185746 753449 3765264 1567858 2007284 1828520 2276106 1961477 9641245 2078175 2682558 2468998 3461852 2714926 13406509 0 0 0 13406509 190218 327929 35433 56929 86288 696797 190218 327929 35433 56929 86288 696797 2268393 3010487 2504431 3518781 2801214 14103306 0.95060 0.95330 0.04940 0.04670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1459237 1177620 281617 281617 X Part X, Line 2: The Trust has adopted guidance on accounting for uncertainty in income taxes issued by the Financial Accounting Standards Board. The Trust administrator believes that the Trust has not taken uncertain tax positions that require adjustment to the financial statements as a tax liability. Informational tax returns, for tax years for which the applicable statutes of limitations have not expired, are subject to examination by authorities. 0 0 0 0 0 0 0 0 0 Stephan Schnell Advisor/Training Director 247558 0 0 0 0 0 115546 0 26459 0 389563 0 0 0 Tom Johnson Curriculum Coordinator 200168 0 0 0 0 0 102473 0 26279 0 328920 0 0 0 Raymond Balcioni Family Member of Board Member 14115 Instructor Compensation 0 Lucas Tassio Family Member of Board Member 13681 Instructor Compensation 0 Form 990, Part VI, Section A, line 7a The Board of Trustees, consisting of 12 voting members, are appointed by three organizations: UA Local 467 (the Union), The Northern California Mechanical Contractors Association (Association 1), and the Greater Bay Area Association of Plumbing, Heating, Cooling & Mechanical Contractors (Association 2). The Union appoints 6 Trustees, while the Associations appoint 3 Trustees each. Form 990, Part VI, Section A, line 7b The Union and the Associations have the power to remove any Trustees that they had originally appointed. Form 990, Part VI, Section A, line 8b The organization does not have any committees with the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Training Director/Advisor and the Secretary review and approve a draft copy of the 990 before it is filed. A copy is made available to all board members before it is filed. Form 990, Part VI, Section B, line 12c The organization has a conflict of interest policy that covers Trustees and employees. A Trustee or employee must disclose the existence and nature of any conflict of interest they may have to the full Board of Trustees and to the Trust's legal counsel, preferably before the transaction takes place. The conflicted individual is not allowed to vote on the matter. Form 990, Part VI, Section B, line 15 The Advisor/Training Director's compensation is determined by the collective bargaining agreement and the Trust Agreement. The rate is comparable to other journeymen compensation in the pipe trades profession. Other officers and trustees may serve as Training Instructors and are compensated at the fair market value of other journeymen in the pipe trades profession. Since their compensation is determined by these means, there is no review and approval by independent persons. Form 990, Part VI, Section C, line 19 The entity makes it governing documents, conflict of interest policy, and financial statements available upon request. Form 990, Part XI, line 9: To Deconsolidate Building Foundation Net Assets -3,325,590. Form 990, Part XII, Line 2b The organization is currently undergoing an audit. At the time of filing this Form 990, the audit is not complete therefore audited financial statements were not used for this report. Pipe Trades Apprenticeship and Journeymen San Mateo Co- Building Foundation 1519 Rollins Rd Burlingame CA 94010 941723613 Owner and maintenance of training facility CA 501(C)5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0