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Nonprofit · EIN 35-1757364

LOCAL 374 DEVELOPMENT AND TRAINING FUND

Tax-exempt · HOBART, IN 46342

Financials

$1.5M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of LOCAL 374 DEVELOPMENT AND TRAINING FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,504,752$1,226,033$278,719$2,329,115$317,845$2,011,270
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,461,526
Investment income
$43,131
Other revenue
$95

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$301,831
Salaries, compensation and benefits (total)
$494,076
Professional fundraising fees
$0
Legal fees
$2,929
Accounting fees
$8,500
Occupancy
$125,380
Depreciation
$146,084

Balance sheet and other

Total assets, start of year
$1,960,295
Total assets, end of year
$2,329,115
Total liabilities, end of year
$317,845
Net assets, end of year
$2,011,270
Land, buildings and equipment
$786,886
Gross receipts
$1,504,752
Employees
4
Volunteers
0
Year formed
1988
State of legal domicile
IN

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAVID JELKSAPPRENTICE INSTRUCTOR
Highest-paid employee
44$140,241$70,612
BRAD SIEVERSTRUSTEE
Trustee or director
1$0$0
ISMAEL SULIVANTRUSTEE
Trustee or director
1$0$0
DAVID WILLISTRUSTEE
Trustee or director
1$0$0
BRIAN DOWDENTRUSTEE
Trustee or director
1$0$0
SCOTT HOLLANDTRUSTEE
Trustee or director
1$0$0
JEFF SPINKSTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
760 N UNION ST, HOBART, IN 46342-2536
Principal officer (990 for 2024)
BRAD SIEVERS, 760 NORTH UNION STREET, HOBART, IN 46342
Signed the 990
BRAD SIEVERS, TRUSTEE
Phone
(219) 844-1000
Return prepared by
LEGACY PROFESSIONALS LLP

Mission

DEVELOPMENT AND TRAINING FUND

990 for the year ended June 30, 2025

Program accomplishments

  • TO CREATE AND MAINTAIN EDUCATIONAL AND TRAINING PROGRAMS FOR THE DEVELOPMENT OF SKILLS IN CRAFTS UNDER THE JURISDICTION OF THE UNION.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
35-1757364
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1990
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,329,115
Income (IRS master file)
$1,504,752

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,504,752$1,226,033$2,329,115IRS
990June 2024–––IRS
990June 2023$1,384,000$1,071,124$1,879,864IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 35-1757364).

Questions about LOCAL 374 DEVELOPMENT AND TRAINING FUND

What is the EIN of LOCAL 374 DEVELOPMENT AND TRAINING FUND?
The employer identification number (EIN) of LOCAL 374 DEVELOPMENT AND TRAINING FUND is 35-1757364.
Is LOCAL 374 DEVELOPMENT AND TRAINING FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1990.
Are donations to LOCAL 374 DEVELOPMENT AND TRAINING FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOCAL 374 DEVELOPMENT AND 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 LOCAL 374 DEVELOPMENT AND TRAINING FUND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOCAL 374 DEVELOPMENT AND TRAINING FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LOCAL 374 DEVELOPMENT AND TRAINING FUND?
The 990 for the year ended June 30, 2025 names BRAD SIEVERS.
Who are the officers and directors of LOCAL 374 DEVELOPMENT AND TRAINING FUND?
The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $140,241 (DAVID JELKS, APPRENTICE INSTRUCTOR).
How much revenue does LOCAL 374 DEVELOPMENT AND TRAINING FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,504,752, expenses of $1,226,033 and total assets of $2,329,115 at year end.

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