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Nonprofit · EIN 87-4537820

TRADES WORKFORCE FOUNDATION INC

Tax-exempt · VIRGINIA BCH, VA 23452

Financials

$94K$53K2023$14K$20K2024
Revenue Expenses · by fiscal year end
Financials of TRADES WORKFORCE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$13,875$20,450-$6,575$225,406–$225,406
December 31, 2023990-EZ$93,642$52,957$40,685$231,981–$231,981
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$13,875

Expenses

Grants and similar amounts paid
$14,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$6,350
Other expenses
$100
Program services (functional)
$14,000

Balance sheet and other

Total assets, start of year
$231,981
Total assets, end of year
$225,406
Total liabilities, end of year
–
Net assets, end of year
$225,406
Cash, savings and investments
$36,556
Gross receipts
$13,875

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Ben ClarkPresident1$0
Nicole GleatonSecretary1$0
Marie CarterTreasurer1$0
Greg DanielDirector1$0
Kenneth AlexanderDirector1$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Ben ClarkPresident1$0
Nicole GleatonSecretary1$0
Marie CarterTreasurer1$0
Greg DanielDirector1$0
Nixon McCreeDirector1$0
Kenneth AlexanderDirector1$0

Address and contacts

Address (IRS master file)
4455 SOUTH BLVD STE 250, VIRGINIA BCH, VA 23452-1159
In care of
% TIM CHERNICKY
Mailing address (990-N for 2022)
4455 South Boulevard, Virginia Beach VA 23452
Principal officer (990-N for 2022)
Timothy Chernicky, 4455 South Boulevard, Virginia Beach VA 23452
Signed the 990-EZ
Tim Chernicky, Executive Director
Phone
(757) 822-8116
Return prepared by
Foundation Group Inc

Mission

Strengthening the skilled trades professional workplace

990-EZ for the year ended December 31, 2024

Program accomplishments

  • The Trades Workforce Foundation TFW will support students and career and technical educational institutions, in order to strengthen the skilled trades professional workforce via scholarships
    Expenses $14,000 · grants $14,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
87-4537820
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$225,406
Income (IRS master file)
$13,875

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$13,875$20,450$225,406IRS
990-EZDecember 2023$93,642$52,957$231,981XML
990-N for 2022
Officer: Timothy Chernicky
December 31, 2022≤ $50,000 receipts––e-Postcard

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 87-4537820).

Questions about TRADES WORKFORCE FOUNDATION INC

What is the EIN of TRADES WORKFORCE FOUNDATION INC?
The employer identification number (EIN) of TRADES WORKFORCE FOUNDATION INC is 87-4537820.
Is TRADES WORKFORCE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to TRADES WORKFORCE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRADES WORKFORCE FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of TRADES WORKFORCE FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRADES WORKFORCE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of TRADES WORKFORCE FOUNDATION INC?
The 990-N for 2022 names Timothy Chernicky.
Who are the officers and directors of TRADES WORKFORCE FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does TRADES WORKFORCE FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $13,875, expenses of $20,450 and total assets of $225,406 at year end.

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