2026-05-14T12:14:28-05:00 2025-06-30 571139864 DISANTO PRIEST & CO 117 METRO CENTER BOULEVARD 3000 WARWICK RI 02886 990 2024-07-01 236421955 NATIONAL ELEVATOR INDUSTRY EDUCATIONAL PROGRAM NATI 5086992200 11 LARSEN WAY ATTLEBORO FALLS MA 02763 DAVID MORGAN EXECUTIVE DIRECTOR 5086992200 2026-05-13 1 1 JACQUELINE B GAIPO CPA P01253157 4019212000 2026-05-13 2024 2025-03-06 01:10:19Z DAVID MORGAN 11 LARSEN WAY ATTLEBORO FALLS MA 02763 117726577 0 X WWW.NEIEP.ORG X 1967 MA THE MISSION OF NATIONAL ELEVATOR INDUSTRY EDUCATIONAL PROGRAM (NEIEP) IS DESCRIBED IN SCHEDULE O.*THE MISSION OF NATIONAL ELEVATOR INDUSTRY EDUCATIONAL PROGRAM (NEIEP) IS TO DELIVER WORLD-CLASS EDUCATION, TRAINING, AND SAFETY AWARENESS TO ELEVATOR CONSTRUCTORS, MAINTAINING OUR POSITION AS THE MOST HIGHLY-SKILLED LABOR FORCE IN THE CONVEYANCE INDUSTRY. THE PURPOSE OF THE PROGRAM IS TO SUPPORT, THROUGH EMPLOYER CONTRIBUTIONS TO A TRUST FUND, EDUCATION AND TRAINING PROGRAMS FOR ELEVATOR CONSTRUCTOR MECHANICS, ASSISTANT MECHANICS, HELPERS, AND APPRENTICES. 10 10 871 530 0 0 8947 13642 37748096 41031348 5994713 9160681 10287 17867 43762043 50223538 0 0 0 0 24015469 25325097 0 0 0 19579138 21949320 43594607 47274417 167436 2949121 175811107 181428025 8951915 9678199 166859192 171749826 TO DELIVER WORLD-CLASS EDUCATION, TRAINING, AND SAFETY AWARENESS TO ELEVATOR CONSTRUCTORS, MAINTAINING OUR POSITION AS THE MOST HIGHLY-SKILLED LABOR FORCE IN THE CONVEYANCE INDUSTRY. 0 0 40172836 41031348 EDUCATION AND TRAINING PROGRAMS WERE PROVIDED TO ELEVATOR CONSTRUCTOR MECHANICS, ASSISTANT MECHANICS, HELPERS, AND APPRENTICES THROUGH EMPLOYER CONTRIBUTIONS TO A TRUST FUND, APTITUDE TEST RECEIPTS, AND REIMBURSEMENTS FOR EDUCATIONAL MATERIALS. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE. 40172836 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 632 0 1 871 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 1 0 1 1 0 1 1 0 0 0 0 0 0 0 X DAVID MORGAN 5086992200 11 LARSEN WAY ATTLEBORO FALLS MA 02763 X MARK ANDERSON TRUSTEE 2.00 X 0 0 0 ABEL J ARABITG TRUSTEE 2.00 X 0 0 0 PAUL CAFFARELLI TRUSTEE 2.00 X 0 0 0 MICHAEL CAMPBELL TRUSTEE 2.00 X 0 0 0 ROBERT P CAPUANI JR TRUSTEE 2.00 X 0 0 0 RANDY J CHISTOLINI TRUSTEE 2.00 X 0 0 0 JOHN FAURE TRUSTEE 2.00 X 0 0 0 MARC J HOLYOKE TRUSTEE 2.00 X 0 0 0 LEONARD R LEGOTTE TRUSTEE 2.00 X 0 0 0 DAVID LOPEZ JR TRUSTEE 2.00 X 0 0 0 MARK MANNING TRUSTEE 2.00 X 0 0 0 LARRY J MCGANN TRUSTEE 2.00 X 0 0 0 DAVID T MORGAN EXECUTIVE DIRECTOR 50.00 X 321548 0 83756 JOHN J CAUGHEY ASSISTANT EXECUTIVE DIRECTOR 50.00 X 255327 0 83756 EDWARD L CHRISTENSEN JR NATIONAL COORDINATOR 45.00 X 220403 0 81073 JOEL M ROBERTS AREA COORDINATOR 45.00 X 212612 0 81073 LESTER E WHITE DEPARTMENT HEAD OF DEVELOPMENT 45.00 X 210948 0 77300 PHILIP J DUCATELLI AREA COORDINATOR 45.00 X 209779 0 81073 CURTIS R DEVILLERS SUBJECT MATTER EXPERT 45.00 X 188560 0 77300 1619177 0 565331 37 0 1 0 INSEGMENT 300 WASHINGTON ST STE 850 NEWTON MA 02458 CONSULTING 585000 MONDO XR INC 192 CEDAR ST WARWICK RI 02818 CONSULTING 412825 CSM GROUP INC 215 N BROW ST E PROVIDENCE RI 02914 PRINTING & RELATED SERVICES 298536 PERFORMANCE ASSOCIATES 618 OAKLEAF OFFICE LN STE 500 MEMPHIS TN 38117 CONSULTING 271378 DMR CONSTRUCTION AND MILLWORK INC 889 MEETINGHOUSE RD JENKINTOWN PA 19046 CONSTRUCTION SERVICES 247777 12 13642 13642 RECEIPTS FROM EMPLOYERS 611600 40737697 40737697 APTITUDE TEST RECEIPTS 611600 152801 152801 REIMB. FOR EDUCATIONAL MATERIALS 611600 140850 140850 41031348 3367013 3367013 9600 0 9600 9600 9600 73296707 67502031 1008 5794676 -1008 5793668 5793668 SUNDRY REVENUE 900099 5160 5160 SETTLEMENT PROCEEDS 900099 3107 3107 8267 50223538 41031348 0 9178548 748898 748898 18790311 17363788 1426523 2513276 1972624 540652 1813299 1395667 417632 1459313 1309560 149753 226446 226446 186582 186582 144926 144926 1368312 1091874 276438 1221597 1011155 210442 6384127 5689388 694739 1684916 1517699 167217 190155 55803 134352 1363 361 1002 5348677 4239079 1109598 450402 450402 LOCAL PROGRAM FUNDING 2766068 2766068 INSTRUCTIONAL MATERIALS 1155250 1155250 TRAINING 565550 539231 26319 MEMBERSHIPS & SOFTWARE 238194 55900 182294 16755 9389 7366 47274417 40172836 7101581 0 X 386905 161941 4304658 5791873 3471701 3766197 1442560 1540520 69567335 30100214 39342074 39467121 92125367 92569720 31487081 32321276 3250761 5809377 175811107 181428025 4127044 3386624 2158137 843418 2666734 5448157 8951915 9678199 X 166859192 171749826 166859192 171749826 175811107 181428025 2949121 1941513 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1649557 1649557 31658346 5181920 26476426 982753 699516 283237 25562770 19630901 5931869 9713909 4587877 5126032 39467121 AMERICAN STRATEGIC VALUE REALTY FUND, LP 6604680 F BRANDYWINE GLOBAL FIXED INCOME FUND 2626456 F GROSVENOR INSTITUTIONAL PARTNERS, LP 10068920 F LIGHTHOUSE DIVERSIFIED FUND 9516067 F ACADIAN U.S. MANAGED VOLATILITY EQUITY FUND 3505153 F 32321276 OPERATING LEASE OBLIGATIONS 5448157 5448157 X 41061849 0 41061849 144926 9016763 9161689 50223538 47129491 0 47129491 144926 144926 47274417 PART X, LINE 2: THE PROGRAM QUALIFIED AS A NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND THEREFORE IS NOT SUBJECT TO INCOME TAX. THE PROGRAM IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). CERTAIN UNRELATED BUSINESS INCOME, AS DEFINED IN THE IRC, IS SUBJECT TO FEDERAL INCOME TAX. FOR THE YEAR ENDED JUNE 30, 2025, THERE WAS NO LIABILITY FOR INCOME TAX ON UNRELATED BUSINESS INCOME. NEIEP, LLC IS A SINGLE MEMBER LLC, WHOLLY OWNED BY NATIONAL ELEVATOR INDUSTRY EDUCATIONAL PROGRAM. THE INCOME AND EXPENSES ARE INCLUDED IN THE PROGRAM'S FORM 990. THE TRUSTEES BELIEVE THAT THE PROGRAM AND THE TRUST CONTINUE TO BE QUALIFIED AND TAX EXEMPT AS A MULTIEMPLOYER COLLECTIVELY BARGAINED HEALTH AND WELFARE EMPLOYEE BENEFIT PLAN THAT PROVIDES APPRENTICESHIP TRAINING BENEFITS AND IS EXEMPT FROM FILING FORM 5500 WITH THE U.S. DEPARTMENT OF LABOR EMPLOYEE BENEFIT SECURITY ADMINISTRATION. NO CHANGE IS THE PROGRAM'S TAX STATUS IS ANTICIPATED. NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE PROGRAM'S CONSOLIDATED FINANCIAL STATEMENTS. THE PROGRAM HAS ADOPTED THE GUIDANCE FOR "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES", A TOPIC OF THE FASB ASC, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING, AND DISCLOSING, IN THE CONSOLIDATED FINANCIAL STATEMENTS, TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THIS MODEL INCLUDES RECOGNIZING INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS. THE PROGRAM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. AS OF JUNE 30, 2025, THE PROGRAM'S TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED WITH EACH TAXING JURISDICTION. AS OF JUNE 30, 2025, MANAGEMENT BELIEVES NO SUCH PROVISION FOR UNCERTAIN TAX POSITIONS ARE NECESSARY. PART XI, LINE 4B - OTHER ADJUSTMENTS: NET REALIZED GAIN AND INTEREST AND DIVIDEND INCOME ON INVESTMENTS RECORDED AS OTHER INCOME ON FINANCIAL STATEMENTS. 9,016,763. PART VI, LINE 1E: OTHER ASSETS LISTED IN PART VI - LAND, BUILDINGS AND EQUIPMENT: FURNITURE, FIXTURES, SOFTWARE, WEBSITE AND COURSEWARE. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SEE EXPLANATION IN PART II. SCHEDULE E, PART I, LINE 4 SEE EXPLANATION IN PART II. PART I, LINES 2, 3, 4A-D, 5A-H, AND 7 - THE PROGRAM WAS ESTABLISHED PURSUANT TO THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS, ON THE ONE PART, AND CONTRIBUTING EMPLOYERS, ON THE OTHER PART. BY DESIGN, THE PROGRAM ACCEPTS (I.E. TRAINS) ALL UNION MEMBERS IN GOOD STANDING AND PROBATIONARY APPRENTICES, AS DEFINED IN THE COLLECTIVE BARGAINING AGREEMENTS. THE COLLECTIVE BARGAINING AGREEMENTS FURTHER THE INDUSTRY BY OPERATING AND PROVIDING MEMBERSHIP IN A RACIALLY NONDISCRIMINATORY WAY. ACCORDINGLY, THE PROGRAM ONLY ACCEPTS INDIVIDUALS WHO GAIN MEMBERSHIP IN THE UNION ACCORDING TO THIS NONDISCRIMINATORY METHOD OF OPERATION. IN ADDITION, THE PROGRAM INCLUDES ITS NONDISCRIMINATORY POLICY IN ALL INDUSTRY ADVERTISEMENTS. THE PROGRAM TRAINS MEMBERS BY PROVIDING CLASSES, TRAINING MODULES, AND EXAMINATIONS. THE PROGRAM DOES NOT PROVIDE GRANTS. X 0 0 0 0 0 0 0 0 0 DAVID T MORGAN EXECUTIVE DIRECTOR 321548 0 0 0 0 0 51729 0 32027 0 405304 0 0 0 JOHN J CAUGHEY ASSISTANT EXECUTIVE DIRECTOR 255327 0 0 0 0 0 51729 0 32027 0 339083 0 0 0 EDWARD L CHRISTENSEN JR NATIONAL COORDINATOR 220403 0 0 0 0 0 49046 0 32027 0 301476 0 0 0 JOEL M ROBERTS AREA COORDINATOR 212612 0 0 0 0 0 49046 0 32027 0 293685 0 0 0 LESTER E WHITE DEPARTMENT HEAD OF DEVELOPMENT 210948 0 0 0 0 0 45273 0 32027 0 288248 0 0 0 PHILIP J DUCATELLI AREA COORDINATOR 209779 0 0 0 0 0 49046 0 32027 0 290852 0 0 0 CURTIS R DEVILLERS SUBJECT MATTER EXPERT 188560 0 0 0 0 0 45273 0 32027 0 265860 0 0 0 PART I, LINE 3 - THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION OF THE PROGRAM'S EXECUTIVE DIRECTOR AND ASSISTANT EXECUTIVE DIRECTOR. THE BOARD OF TRUSTEES CONSIDERS AVAILABLE INDUSTRY COMPENSATION DATA IN CONDUCTING THE REVIEW. DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS ARE DOCUMENTED IN THE BOARD OF TRUSTEES' MEETING MINUTES. REVIEW OF COMPENSATION IS CONDUCTED ON AN ANNUAL BASIS. PART II, COLUMN (C) RETIREMENT AND OTHER DEFERRED COMPENSATION - INCLUDED IN SCHEDULE J, PART II, COLUMN (C), ARE EMPLOYER CONTRIBUTIONS TO A DEFINED BENEFIT PLAN AND ANNUITY PLAN FOR ALL THE INDIVIDUALS LISTED. PART II, COLUMN (D) NONTAXABLE BENEFITS - INCLUDED IN SCHEDULE J, PART II, COLUMN (D), ARE EMPLOYER BENEFIT COSTS FOR HEALTH AND OTHER RELATED INSURANCE BENEFITS FOR ALL THE INDIVIDUALS LISTED. FORM 990, PART IV, LINE 28A-C THE PROGRAM SHARES CERTAIN ADMINISTRATIVE EXPENSES WITH THE NATIONAL ELEVATOR INDUSTRY PENSION AND HEALTH BENEFIT PLANS. THE PROGRAM AND THESE PLANS SHARE ONE OR MORE COMMON TRUSTEES. THE NATIONAL ELEVATOR INDUSTRY BENEFIT PLANS PROVIDE CERTAIN ADMINISTRATIVE SERVICES TO THE PROGRAM, FOR WHICH THE PROGRAM REIMBURSES THESE PLANS. THE PROGRAM MADE PAYMENTS IN THE AMOUNT OF $47,000 FOR ADMINISTRATIVE FEES FOR THE FISCAL YEAR ENDED JUNE 30, 2025. FORM 990, PART VI, SECTION A, LINE 2 THE ASSISTANT EXECUTIVE DIRECTOR'S DAUGHTER IS THE DIRECTOR OF DIVERSITY AT NEIEP. FORM 990, PART VI, SECTION A, LINE 7A THE PROGRAM IS ADMINISTERED BY TEN TRUSTEES, FIVE OF WHOM ARE APPOINTED BY THE INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS (IUEC) AND FIVE OF WHOM ARE APPOINTED BY THE NATIONAL ELEVATOR INDUSTRY, INC. FORM 990, PART VI, SECTION B, LINE 11B FOR THE REVIEW PROCESS OF THE RETURN, A DRAFT OF THE FORM 990 IS PROVIDED TO THE PROGRAM'S EXECUTIVE DIRECTOR, THE PROGRAM'S CONTROLLER, AND THE PROGRAM'S ACCOUNTING MANAGER FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE PROGRAM'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND COPIES ARE PROVIDED UPON REQUEST. THE PROGRAM DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE PROGRAM DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VII, SECTION A, COLUMN (B), COLUMN (E), AND COLUMN (F) - THERE ARE NO HOURS AND/OR COMPENSATION FROM RELATED ORGANIZATIONS. SOME BOARD MEMBERS SERVE ON OTHER BOARDS SIMILAR IN NATURE TO THE PROGRAM. REASONABLE EFFORTS ARE MADE TO OBTAIN INFORMATION REGARDING COMPENSATION FROM RELATED ORGANIZATIONS, IF ANY, BY DISTRIBUTING ANNUALLY A QUESTIONNAIRE TO EACH LISTED PERSON. FORM 990, PART X - BALANCE SHEET INCLUDED IN PART X, BALANCE SHEET, LINE 27 - NET ASSETS WITHOUT DONOR RESTRICTIONS, ARE BOARD DESIGNATED ENDOWMENT FUNDS WITHOUT DONOR RESTRICTIONS TOTALING $130,946,107 AND $126,936,017 FOR THE YEARS ENDED JUNE 30, 2025 AND JUNE 30, 2024, RESPECTIVELY. NEIEP LLC 11 LARSEN WAY ATTLEBORO FALLS MA 02763 832066856 DISREGARDED ENTITY DE 0 0 NATIONAL ELEVATOR INDUSTRY EDUCATIONAL PROGRAM