Carpenters International Training Fund
501(c)(5)
Only null% goes to programs Strong reserves Declining revenue
Carpenters International Training Fund is a 501(c)(5) organization based in Tulsa, Oklahoma, registered in 1990, with $54,033,695 in FY2024 revenue. CharityIndex grades it B.
4500 S 129th E Ave, Tulsa, OK, 74134 EIN 52-6447063 Since 1990
Revenue (FY2024)
$54.0M
▼ 10.0% vs prior year
Expenses (FY2024)
$47.9M
Net assets
$156.3M
Employees
27
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carpenters International Training Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating39 mo reserves · +11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carpenters International Training Fund: 39 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Carpenters International Training Fund: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carpenters International Training Fund: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Provide a central support structure for affiliated joint apprenticeship and training and health and safety education committees
Contact & location
Financial trends
Revenue grew from $34.8M (FY2013) to $54.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10.6MNet assets $156.3M
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$166.9M
Total liabilities
$10.6M
Net assets
$156.3M
Salaries & benefits
$4.1M
9% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $54,033,695▼10.0% | $47,899,315▲5.2% | $156,290,607▲12.5% | $166,881,977▲7.4% | 990 |
| 2023 | $60,025,418▲17.8% | $45,521,693▲4.5% | $138,946,678▲20.4% | $155,401,129▲17.4% | 990 |
| 2022 | $50,975,321▼21.6% | $43,558,657▲72.3% | $115,416,638▼6.8% | $132,329,138▲1.9% | 990 |
| 2021 | $64,985,553▲35.4% | $25,278,197▼7.7% | $123,831,559▲28.9% | $129,909,108▲31.6% | 990 |
| 2020 | $47,979,165▲5.5% | $27,391,070▼48.3% | $96,105,149▲39.9% | $98,683,848▲30.9% | 990 |
| 2019 | $45,493,225▲5.9% | $52,986,423▼2.2% | $68,684,181▼0.6% | $75,371,124▼3.9% | 990 |
| 2018 | $42,954,100▼4.5% | $54,165,082▲10.1% | $69,110,156▼17.8% | $78,390,324▼13.2% | 990 |
| 2017 | $44,957,247▲11.7% | $49,205,858▲2.2% | $84,069,109▼4.3% | $90,327,160▼5.6% | 990 |
| 2016 | $40,241,920▲15.8% | $48,130,540▲6.6% | $87,826,182▼4.3% | $95,715,510▼2.6% | 990 |
| 2015 | $34,742,542▼15.7% | $45,132,591▲16.5% | $91,803,134▼13.6% | $98,315,583▼14.3% | 990 |
| 2014 | $41,219,972▲18.5% | $38,749,109▲35.0% | $106,295,169▲4.6% | $114,701,101▲6.7% | 990 |
| 2013 | $34,779,821 | $28,693,720▲44.7% | $101,613,155▲11.3% | $107,547,788▲13.6% | 990 |
| 2012 | — | $19,831,554▲6.9% | $91,307,719▲26.0% | $94,632,958▲26.1% | 990 |
| 2011 | — | $18,554,710▲4.9% | $72,468,357▲14.9% | $75,054,138▲14.3% | 990 |
| 2010 | — | $17,693,167 | $63,065,381 | $65,655,065 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Robert L Jacobson — $326,443 (0.68% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert L Jacobson | Executive Director | 40 | $326,443 |
| Chad D Mcdonald | Sr. Tech Coordinator | 40 | $201,676 |
| Andrew M Carr | Sr. Tech Coordinator | 40 | $201,628 |
| John Patrick O'neal | Tech Coordinator | 40 | $155,346 |
| Alfonso Bastidos | Tech Coordinator | 40 | $155,226 |
| Brian Connearney | Tech Coordinator | 40 | $155,148 |
| Christopher Robinson | Trustee | 1 | — |
| Douglas J Mccarron | Chairman | 1 | — |
| Frank Hawk | Trustee | 1 | — |
| Gary Perinar | Trustee | 1 | — |
| Jason Rowe | Trustee | 1 | — |
| Jim Clemens | Trustee | 1 | — |
| Joseph Coar | Trustee | 1 | — |
| Mark Mcgriff | Trustee | 1 | — |
| Noel Borck | Secretary | 1 | — |
| Richard G Harris | Trustee | 1 | — |
| Terrence Roche | Trustee | 1 | — |
| Thomas J Flynn | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Rrdonnelley | Education Services | $2,272,215 |
| The Format Group LLC | Education Services | $1,222,337 |
| Penn State University-see Remit To | Education Services | $803,358 |
| Premier Technology Solutions | Computer Consulting | $558,657 |
| Calculated Industries | Education Services | $237,478 |
Grants made · $2.8M in FY2024
15 grants totaling $2.8M in FY2024. All grants made by Carpenters International Training Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| Mid-america Carp Regional Council | Training program grant | $795,121 |
| Western States Regional Council of Carpenters | Training program grant | $636,914 |
| Indiana-kentucky-ohio Reg Cncil of Crpntrs Jt Apprntc & Training Fund | Training program grant | $289,497 |
| North Atlantic States Carp Trng Fund | Training program grant | $244,764 |
| Mid-south Carpenters Regional Council | Training program grant | $180,024 |
| Hawaii Carpenters Appr & Trng Fund | Training program grant | $169,633 |
| Central South Carpenters & Millwrights Training Trust Fund | Training program grant | $146,380 |
| Michigan Statewide Carpenters and Millwrights Jatc Fund | Cloud grant | $85,885 |
| Southeastern Carp Training Trust | Training program grant | $49,675 |
| Carpenters & Joiners App & Jrny | Training program grant | $49,358 |
| New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa | Cloud grant | $32,900 |
| North Central States Regional Council | Training program grant | $32,400 |
| Florida Carp Train Trust Fund | Training program grant | $31,201 |
| Carp-emplrs Appr Trng Trust Fund | Training program grant | $28,549 |
| Gulf Coast Carp & Millwrights Training Trust Fund | Training program grant | $16,732 |
Frequently asked questions
- Is Carpenters International Training Fund a legitimate nonprofit?
- Yes. Carpenters International Training Fund is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 52-6447063, based in Tulsa, Oklahoma.
- What is Carpenters International Training Fund's EIN?
- Carpenters International Training Fund's Employer Identification Number (EIN) is 52-6447063.
- How much revenue does Carpenters International Training Fund report?
- Carpenters International Training Fund reported $54,033,695 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Carpenters International Training Fund have?
- CharityIndex grades Carpenters International Training Fund B, based on financial health (reserves and operating margin).
- How much does Carpenters International Training Fund's highest-paid employee make?
- The highest reported compensation on Carpenters International Training Fund's latest Form 990 is $326,443, paid to Robert L Jacobson (Executive Director).
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Data for Carpenters International Training Fund (EIN 52-6447063) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.