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Filing year 2024

APPRENTICE EDUCATION TRUST LOCAL #440 UA

Indianapolis, Indiana·EIN 35-1323832·3
Total revenue
$8.6M
Total assets
$10.4M
Total expenses
$5.7M
Reported officers
14
Mission

TRAINING AND EDUCATIONAL PROGRAMS FOR APPRENTICE AND JOURNEYMEN WORKERS ENTERING THE PIPEFITTING, HEATING, AND AIR CONDITIONING TRADES.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Welding Coordinator
highest compensated employee
$211k
$227k
Base
$137k
Bonus
Other
Benefits
$27k
Director of Training
highest compensated employee
$195k
$210k
Base
$123k
Bonus
Other
Benefits
$28k
Training Coordinator
highest compensated employee
$194k
$209k
Base
$118k
Bonus
Other
Benefits
$28k
Instructor
highest compensated employee
$173k
$187k
Base
$108k
Bonus
Other
Benefits
$27k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 12%
from 2023

From $189k in 2023 to $211k in 2024.

$189k
2023
$211k
2024
In today's dollarsEst.
Up 9% in real terms$209k to $227k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

APPRENTICE EDUCATION TRUST LOCAL #440 UA reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.8M
$4.1M
2023
$8.6M
$5.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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