LABORERS DISTRICT CNCL OF THE METRO AREA OF PHILADELHIA & VICINITY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LABORERS DISTRICT CNCL OF THE METRO AREA OF PHILADELHIA & VICINITY (EIN 23-6568023)
Tax period
2022-05-01 to 2023-04-30
Filed
2024-03-15
IRS object ID
202410759349302406
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-03-15T17:55:57-05:00ReturnTs
Tax Period End2023-04-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132781641PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MITCHELL & TITUS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 PINE STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-05-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN236568023EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LABORERS' DISTRICT COUNCIL EDUCATION &BusinessNameLine1Txt
Business Name Line2TRAINING FUND OF THE PHILADELPHIA AREABusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLABOBusinessNameControlTxt
Phone6105240404PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 E LINCOLN HIGHWAYAddressLine1Txt
CityEXTONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19341ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALAN R PARHAMPersonNm
Person TitleFUND ADMINISTRATORPersonTitleTxt
Phone6105240404PhoneNum
Signature2024-03-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALANPersonFirstNm
Person LastPARHAMPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK E DAVIS JRPreparerPersonNm
PTINP00446023PTIN
Phone2127094500PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALAN PARHAMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 E LINCOLN HIGHWAYAddressLine1Txt
CityEXTONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19341ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,300,763GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LDC-PHILA-VIC.ORGWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1980FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTO PROVIDE EDUCATION & TRAINING TO QUALIFYING MEMBERS UNDER A COLLECTIVE BARGAINING AGREEMENT.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee38TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$363,123PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$13,625,600PYProgramServiceRevenueAmt
CY Program Service Revenue$13,196,652CYProgramServiceRevenueAmt
PY Investment Income$2,521,916PYInvestmentIncomeAmt
CY Investment Income$1,033,505CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$16,510,639PYTotalRevenueAmt
CY Total Revenue$14,230,157CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,963,978PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,977,967CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,236,183PYOtherExpensesAmt
CY Other Expenses$6,009,043CYOtherExpensesAmt
PY Total Expenses$8,200,161PYTotalExpensesAmt
CY Total Expenses$8,987,010CYTotalExpensesAmt
PY Revenues Less Expenses$8,310,478PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,243,147CYRevenuesLessExpensesAmt
Total Assets BOY$71,995,191TotalAssetsBOYAmt
Total Assets EOY$71,458,680TotalAssetsEOYAmt
Total Liabilities BOY$20,668,261TotalLiabilitiesBOYAmt
Total Liabilities EOY$14,480,470TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$51,326,930NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$56,978,210NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE EDUCATION AND TRAINING IN THE BUILDING AND CONSTRUCTION TRADE, TO TRAIN JOURNEYMEN WHO ARE NOW IN THE TRADE, TO ASSIST IN PROVIDING TRAINING THAT WILL EQUIP THEM FOR PROFITABLE EMPLOYMENT AND CITIZENSHIP, AND TO FURTHER THE ASSURANCE TO THE EMPLOYERS OF PROFICIENT WORKMEN TO THE END THAT THE PUBLIC MAY RECEIVE THE BEST POSSIBLE WORKMANSHIP.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,004,667ExpenseAmt
Revenue$13,196,652RevenueAmt
DescEDUCATION & TRAINING SERVICES TO QUALIFYING MEMBERS OF PARTICIPATING UNIONS AND LABOR ASSOCIATIONS IN THE CONSTRUCTION INDUSTRY UNDER A COLLECTIVE BARGAINING AGREEMENTDesc
Total Program Service Expenses$7,004,667TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee38EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALAN R PARHAMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6105240404PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 E LINCOLN HIGHWAYAddressLine1Txt
CityEXTONCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19341ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
STANLEY SANDERS
TRUSTEE1.004.00Yes (X)$0$0$0
JAMES N HARPER JR
TRUSTEE1.004.00Yes (X)$0$0$0
SAMUEL STATEN JR
TRUSTEE1.004.00Yes (X)$0$0$0
JAMES R DAVIS
TRUSTEE1.004.00Yes (X)$0$0$0
BENJAMIN CONNORS
TRUSTEE1.004.00Yes (X)$0$0$0
AMY HENNESSEY
TRUSTEE1.004.00Yes (X)$0$0$0
ANTHONY MOSS
TRUSTEE1.004.00Yes (X)$0$0$0
MALIK STATEN
TRUSTEE1.004.00Yes (X)$0$0$0
ALAN PARHAM
ADMINISTRATOR40.0020.00$158,662$73,783$90,191Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$158,662TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$73,783TotReportableCompRltdOrgAmt
Total Other Compensation$90,191TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS611600$13,122,214$13,122,214
GRANT & TRAINING REIMBURSEMENTS611600$74,438$74,438
FieldValueIRS element (for citing)
Total Program Service Revenue$13,196,652TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$851,598TotalRevenueColumnAmt
Exclusion$851,598ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$252,513TotalRevenueColumnAmt
Exclusion$252,513ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$70,606OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$70,606OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$70,606TotalRevenueColumnAmt
Exclusion-$70,606ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,230,157TotalRevenueColumnAmt
Related Or Exempt Func Income$13,196,652RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,033,505ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,674,178TotalAmt
Program Services$1,232,449ProgramServicesAmt
Management And General$441,729ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,154,037TotalAmt
Program Services$853,452ProgramServicesAmt
Management And General$300,585ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$149,752TotalAmt
Program Services$106,764ProgramServicesAmt
Management And General$42,988ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$587,352TotalAmt
Management And General$587,352ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$127,167TotalAmt
Program Services$57,720ProgramServicesAmt
Management And General$69,447ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$180,533TotalAmt
Management And General$180,533ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$354,197TotalAmt
Program Services$313,521ProgramServicesAmt
Management And General$40,676ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$148,353TotalAmt
Program Services$16,423ProgramServicesAmt
Management And General$131,930ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,010,854TotalAmt
Program Services$1,010,854ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,519,590TotalAmt
Program Services$1,519,590ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$232,813TotalAmt
Program Services$119,501ProgramServicesAmt
Management And General$113,312ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
SECURITY$458,458$458,458
TRAINING EXPENSES$428,649$428,649
EQUIPMENT RENTAL&MAINTE$419,742$419,742
FOOD SERVICES$405,907$405,907

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$135,428TotalAmt
Program Services$61,637ProgramServicesAmt
Management And General$73,791ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,987,010TotalAmt
Program Services$7,004,667ProgramServicesAmt
Management And General$1,982,343ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$24,966,971BOYAmt
EOY$10,322,271EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,689,676BOYAmt
EOY$1,911,948EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$23,497BOYAmt
EOY$34,348EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$46,775,740LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,511,074LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$37,418,389BOYAmt
EOY$36,264,666EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,347,769BOYAmt
EOY$21,092,523EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,548,889BOYAmt
EOY$1,832,924EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$71,995,191BOYAmt
EOY$71,458,680EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$598,823BOYAmt
EOY$575,079EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$57,709BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$351,391BOYAmt
EOY$463,058EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,660,338BOYAmt
EOY$13,442,333EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,668,261BOYAmt
EOY$14,480,470EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$51,086,500BOYAmt
EOY$56,737,780EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$240,430BOYAmt
EOY$240,430EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$51,326,930BOYAmt
EOY$56,978,210EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$71,995,191BOYAmt
EOY$71,458,680EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,243,147ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$408,133NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$3,437,710InvestmentCostOrOtherBasisAmt
Book Value$3,437,710BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$39,637,885InvestmentCostOrOtherBasisAmt
Depreciation$9,185,975DepreciationAmt
Book Value$30,451,910BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$100,317InvestmentCostOrOtherBasisAmt
Depreciation$116,337DepreciationAmt
Book Value-$16,020BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$3,173,603InvestmentCostOrOtherBasisAmt
Depreciation$925,566DepreciationAmt
Book Value$2,248,037BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$426,225InvestmentCostOrOtherBasisAmt
Depreciation$283,196DepreciationAmt
Book Value$143,029BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$36,264,666TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO OTHER FUNDS$832,007
LOAN PAYABLE$12,610,326
FieldValueIRS element (for citing)
Total Liability$13,442,333TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$14,638,290TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$408,133NetUnrealizedGainsInvstAmt
Revenue Not Reported$408,133RevenueNotReportedAmt
Revenue Subtotal$14,230,157RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$14,230,157TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,987,010TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$8,987,010ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,987,010TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationU.S. GAAP REQUIRES FUND MANAGEMENT TO EVALUATE UNCERTAIN TAX POSITIONS TAKEN BY THE FUND. THE CONSOLIDATED FINANCIAL STATEMENT EFFECTS OF A TAX POSITION ARE RECOGNIZED WHEN THE POSITION IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS, TO BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FUND ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FUND, AND HAS CONCLUDED THAT AS OF APRIL 30, 2023, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN OR ARE EXPECTED TO BE TAKEN. THE FUND HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FUND ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2017.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE FUND'S RACIAL NONDISCRIMINATION POLICY IS PUBLISHED AS PART OF ITS REGULAR ADVERTISING AND INCLUDED ON ITS WEBSITE.
SCHEDULE E, PART I, LINE 4THE FUND PROVIDES TRAINING TO QUALIFYING MEMBERS FREE OF CHARGE. AS SUCH, THE FUND DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonALAN PARHAMPersonNm
TitleADMINISTRATORTitleTxt
Base Compensation Filing Org$158,662BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$73,783CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$61,300DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$9,443DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$19,448NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$239,410TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$83,226TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2DANIEL L. WOODALL, JR. AND VERNON WOODHALL HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 7AOUT OF THE TEN TRUSTEES, FIVE (5) ARE DESIGNATED BY THE LABORERS ' DISTRICT COUNCIL OF THE METROPOLITAN AREA OF PHILADELPHIA AND VICINITY, LABORERS' INTERNATIONAL UNION OF NORTH AMERICA AND FIVE (5) ARE APPOINTED BY THE PARTICIPATING LABOR ASSOCIATIONS - THREE (3) BY THE CONTRACTORS ASSOCIATION OF EASTERN PENNSYLVANIA AND TWO (2) BY THE GENERAL BUILDING CONTRACTORS ASSOCIATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE FUND ADMINISTRATOR AND FUND ACCOUNTANT. THEN, THE FORMS 990 IS SENT TO THE CO-COUNSELS OF THE FUNDS AS THE TRUSTEES PERMIT THE CO-COUNSELS TO REVIEW THE 990 ON THEIR BEHALF. THE FORM 990 IS SUBSEQUENTLY REVIEWED BY THE ENTIRE BOARD AT THE NEXT SCHEDULED TRUSTEE MEETING.
FORM 990, PART VI, SECTION B, LINE 12CANY DIRECTOR, PRINCIPAL OFFICER, OR COMMITTEE MEMBER OF THE GOVERNING BOARD THAT HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, HAS THE DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION 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 GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE.
FORM 990, PART VI, SECTION B, LINE 15ATHE TRUSTEES REVIEW EMPLOYEE COMPENSATION ON AN ANNUAL BASIS BY REVIEWING JOB PERFORMANCE, JOB QUALIFICATIONS AND INDUSTRY CONDITIONS. COMPENSATION ARRANGEMENTS ARE ALSO SUBJECT TO PERIODIC REVIEWS TO ENSURE COMPENSATION AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LDC (PHILADELPHIA AND VICINITY) EDUCATION AND TRAINING FUND LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1665 NORTH BROAD STREET 5TH FLOORAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19123ZIPCd
FieldValueIRS element (for citing)
EIN831836659EIN
Primary ActivitiesCONSTRUCTION & FINANCINGPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1LABORERS' DISTRICT COUNCIL EDUCATION & TRAINING FUND OF PHILADELPHIA AREABusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtControlled OrganizationControlledOrganizationInd
LDC BUILDING AND CONSTRUCTION H&W
665 NORTH BROAD STREET 2ND FLPHILADELPHIAPA19123231575634TO PROVIDE HEALTH & WELFARE BENEFITSPA501(C)(9)0
LDC CONSTRUCTION INDUSTRY PENSION FUND
475 NORTH 5TH STREETPHILADELPHIAPA19123236235338TO PROVIDE POST EMPLOYMENT BENEFITSPA401(A)0
LDC PREPAID LEGAL DEFENSE FUND
665 NORTH BROAD STREET 2ND FLPHILADELPHIAPA19123232290986TO PROVIDE LEGAL BENEFITSPA501(C)(9)0
LDC HEAVY & HIGHWAY HEALTH & WELFARE FUND
665 NORTH BROAD STREET 2ND FLPHILADELPHIAPA19123231527636TO PROVIDE HEALTH & WELFARE BENEFITSPA501(C)(9)0
LABORERS HEALTH & SAFETY FUND
665 NORTH BROAD STREET 2ND FLPHILADELPHIAPA19123233052497TO PROMOTE IMPROVED HEALTH AND SAFETYPA501(C)(5)0
LECET
665 NORTH BROAD STREET 4TH FLPHILADELPHIAPA19123232828556TO CREATE AND MAINTAIN BUSINESS-LABOR RELATIONSHIPSPA501(C)(5)0
PLASTERERS TENDERS HEALTH & WELFARE FUND
665 NORTH BROAD STREET 2ND FLPHILADELPHIAPA19123236452309TO PROVIDE HEALTH & WELFARE BENEFITSPA501(C)(9)0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LDC CONSTRUCTION INDUSTRY PENSION FUND
SFMV
LDC (PHILADELPHIA AND VICINITY) EDUCATION AND TRAINING FUND LLC
SFMV

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