Nonprofit · EIN 20-4447127
MECHANICS LOCAL 701 TRAINING FUND
Also known as LOCAL 701
Tax-exempt · CAROL STREAM, IL 60188
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,132,280 | $1,081,688 | $1,050,592 | $3,509,984 | $1,571 | $3,508,413 |
| December 31, 2024 | 990 | $2,131,769 | $1,055,092 | $1,076,677 | $2,417,960 | $1,957 | $2,416,003 |
| December 31, 2023 | 990 | $1,317,552 | $1,002,337 | $315,215 | $1,310,696 | $2,706 | $1,307,990 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $464,768
- of which government grants
- $449,021
- Program service revenue
- $1,472,822
- Investment income
- $109,184
- Net gain from sales of assets
- $6,600
- Other revenue
- $85,506
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $455,744
- Salaries, compensation and benefits (total)
- $662,247
- Professional fundraising fees
- $0
- Legal fees
- $12,039
- Accounting fees
- $13,243
- Occupancy
- $94,414
- Depreciation
- $66,209
- Program services (functional)
- $723,366
- Management and general (functional)
- $358,322
Balance sheet and other
- Total assets, start of year
- $2,417,960
- Total assets, end of year
- $3,509,984
- Total liabilities, end of year
- $1,571
- Net assets, end of year
- $3,508,413
- Land, buildings and equipment
- $295,370
- Publicly traded securities
- $3,082,235
- Net assets without donor restrictions
- $3,508,413
- Gross receipts
- $2,132,280
- Employees
- 6
- Volunteers
- 0
- Year formed
- 2010
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GERALD ECKERT | TRAINING DIRECTOR Highest-paid employee | 40 | $109,051 | $39,226 |
| MARK GRASSESCHI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AARON JANIK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICK CHANDLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WALTER EMERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TERRY D'ARCY | FORMER TRUSTEE Trustee or director | 1 | $0 | $0 |
| RYAN HAEHNLEIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VIVIEN FISHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GERALD ECKERT | TRAINING DIRECTOR Highest-paid employee | 40 | $103,875 | $39,494 |
| MARK GRASSESCHI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AARON JANIK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICK CHANDLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WALTER EMERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TERRY D'ARCY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RYAN HAEHNLEIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILL GALLAGHER | FORMER TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK GRASSESCHI | TRUSTEE Trustee or director | 1 | $0 |
| DANIEL GALLAGHER | FORMER TRUSTEE Trustee or director | 1 | $0 |
| PATRICK CHANDLER | TRUSTEE Trustee or director | 1 | $0 |
| WALTER EMERSON | TRUSTEE Trustee or director | 1 | $0 |
| TERRY D'ARCY | TRUSTEE Trustee or director | 1 | $0 |
| RYAN HAEHNLEIN | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 450 GUNDERSEN DR, CAROL STREAM, IL 60188-2414
- In care of
- % SAM CICINELLI
- Principal officer (990 for 2025)
- MARK GRASSESCHI, 2650 N FARNSWORTH AVE, AURORA, IL 605029727
- Signed the 990
- MARK GRASSESCHI, TRUSTEE
- Phone
- (630) 216-9230
- Return prepared by
- CALIBRE CPA GROUP PLLC
Mission
TO ESTABLISH AND MAINTAIN TRAINING AND EDUCATION PROGRAMS OF JOURNEYMEN AND APPRENTICES FOR FURTHER DEVELOPMENT OF SKILLS AND KNOWLEDGE NEEDED IN CRAFTS UNDER THE JURISDICTION OF AUTOMOBILE MECHANICS LOCAL 701.
Program accomplishments
- TO ESTABLISH AND MAINTAIN TRAINING AND EDUCATION PROGRAMS OF JOURNEYMEN AND APPRENTICES FOR FURTHER DEVELOPMENT OF SKILLS AND KNOWLEDGE NEEDED IN CRAFTS UNDER THE JURISDICTION OF AUTOMOBILE MECHANICS LOCAL 701.Expenses $723,366 · revenue $1,472,822
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4447127
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $3,509,984
- Income (IRS master file)
- $2,132,280
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,132,280 | $1,081,688 | $3,509,984 | XML |
| 990 | December 2024 | $2,131,769 | $1,055,092 | $2,417,960 | XML |
| 990 | December 2023 | $1,317,552 | $1,002,337 | $1,310,696 | XML |
| 990 | December 2022 | $998,044 | $908,761 | $956,855 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4447127).
Questions about MECHANICS LOCAL 701 TRAINING FUND
- What is the EIN of MECHANICS LOCAL 701 TRAINING FUND?
- The employer identification number (EIN) of MECHANICS LOCAL 701 TRAINING FUND is 20-4447127.
- Is MECHANICS LOCAL 701 TRAINING FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to MECHANICS LOCAL 701 TRAINING FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MECHANICS LOCAL 701 TRAINING FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MECHANICS LOCAL 701 TRAINING FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MECHANICS LOCAL 701 TRAINING FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MECHANICS LOCAL 701 TRAINING FUND?
- The 990 for the year ended December 31, 2025 names MARK GRASSESCHI.
- Who are the officers and directors of MECHANICS LOCAL 701 TRAINING FUND?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $109,051 (GERALD ECKERT, TRAINING DIRECTOR).
- How much revenue does MECHANICS LOCAL 701 TRAINING FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,132,280, expenses of $1,081,688 and total assets of $3,509,984 at year end.
Other nonprofits in CAROL STREAM
- G B ATHLETIC BOOSTERS CLUB EIN 80-0473384 · last filed 990-EZ for 2025
- MUSIC BOOSTERS ASSOCIATION OF GLENBARD NORTH HIGH SCHOOL EIN 27-2443030 · last filed 990-EZ for 2025
- ILLINOIS CONGRESS OF PARENTS TEACHERS EIN 36-4228510 · last filed 990-N for 2025
- BRUCE W VIERNOW MEMORIAL SCHOLARSHIP FOUNDATION INC EIN 46-5436288 · last filed 990-N for 2025
- PARENTS AND TEENS TOGETHERINCORPORATED EIN 20-4019762 · last filed 990-N for 2025
- ILLINOIS CONGRESS OF PARENTS TEACHERS EIN 46-3904046 · last filed 990-N for 2025
- SPRING TRAIL ELEMENTARY PTO EIN 26-2676367 · last filed 990-N for 2025
- HEROES OF TOMORROW EIN 86-1223461 · last filed 990-N for 2025