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Illinois · Nonprofit

MECHANICS LOCAL 701 TRAINING FUND

MECHANICS LOCAL 701 TRAINING FUND (Illinois) receives grants from 1 organization whose IRS filings report $72,739 to it, the largest being Chicago Federation of Labor Workforce and Community Initiative ($72,739). 1 of them have funded it in more than one year.

Revenue FY2025
$2.1M
Funders on record
1
Grants received
$73k
Net assets
$3.5M
1/1 repeat funderspeak grant-dependency 5%
01What it does

What Mechanics Local 701 Training Fund does

Mission

To establish and maintain training and education programs of journeymen and apprentices for further development of skills and knowledge needed in crafts under the jurisdiction of automobile mechanics local 701.

As stated on its FY2025 Form 990.

Program

  1. To establish and maintain training and education programs of journeymen and apprentices for further development of skills and knowledge needed in crafts under the jurisdiction of automobile mechanics local 701.

    $723,366 spent$1,472,822 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $723,366.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($529k) Expenses 100 ($694k) Net assets 100 ($849k)2018 Revenue 122 ($646k) Expenses 98 ($681k) Net assets 93 ($792k)2019 Revenue 147 ($778k) Expenses 111 ($768k) Net assets 100 ($847k)2020 Revenue 165 ($871k) Expenses 107 ($743k) Net assets 119 ($1.0M)2021 Revenue 162 ($857k) Expenses 124 ($859k) Net assets 112 ($950k)2022 Revenue 188 ($998k) Expenses 131 ($909k) Net assets 113 ($957k)2023 Revenue 249 ($1.3M) Expenses 144 ($1.0M) Net assets 154 ($1.3M)2024 Revenue 403 ($2.1M) Expenses 152 ($1.1M) Net assets 285 ($2.4M)2025 Revenue 403 ($2.1M) Expenses 156 ($1.1M) Net assets 413 ($3.5M)
'17'18'19'20'21'22'23'24'25
Revenue (403)Expenses (156)Net assets (413)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.3M to $2.4M (+84%).

$855k
$792k
$848k
$1.0M
$950k
$957k
$1.3M
$2.4M
$3.5M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 8% · 2019 10% · 2020 9% · 2021 4% · 2022 13% · 2023 29% · 2024 28% · 2025 21%. Grants only. Government contracts and fees sit inside program revenue.

22% of MECHANICS LOCAL 701 TRAINING FUND’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$164k
’17
−$35k
’18
$11k
’19
$128k
’20
−$3k
’21
$89k
’22
$315k
’23
$1.1M
’24
$1.1M
’25
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed457579688
Joined·+1+3+0+2+3+0+3+1
No longer listed·01201311
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income fell $55k → $18k.

Funder
'22
'23
'24*
total
funders
1
1
1

From the IRS filings of MECHANICS LOCAL 701 TRAINING FUND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of MECHANICS LOCAL 701 TRAINING FUND's grant income comes from Illinois funders.

IL

In-state vs out-of-state, by year

’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MECHANICS LOCAL 701 TRAINING FUND runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin49% · top quartile
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like MECHANICS LOCAL 701 TRAINING FUND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Seiu Local No 1 Training Fund83%The Apprentice Training Fund for Local 1 of the Iabsoiw83%Sheet Metal Workers' Local 218(S) Apprentice Training and Development Fund82%Jac Local 149 Apprentice and Journeymen Plumbers82%Operating Engineers Local 150 Apprenticeship Fund82%Local #444 Iron Workers Joint Apprenticeship & Training Trust Fund81%Consolidated Sheet Metal Local 1 Joint Apprenticeship and Trianing Fund80%Neca-Ibew 701 Labor Management Cooperation Committee80%

Nationally

Local 697 Ibew Apprentice85%Sheet Metal Contractors and Local No 71 Jac Education and Training Fund84%Sheet Metal Air Rail and Transportation Workers Local #63 Educational Fund84%I U O E Local 98 Eng'Rs Jt Tng Skl Imprvmt Safety Edu App & Tng Fund84%Sheet Metal Workers' Local No 20 Apprenticeship and Training Trust83%Iuoe Local 891 Education & Training Fund83%Seiu Local No 1 Training Fund83%The Apprentice Training Fund for Local 1 of the Iabsoiw83%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

67% of spending goes to programs.

Program 67%Management 33%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for MECHANICS LOCAL 701 TRAINING FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MECHANICS LOCAL 701 TRAINING FUND?
MECHANICS LOCAL 701 TRAINING FUND (Illinois) receives grants from 1 organization whose IRS filings report $72,739 to it, the largest being Chicago Federation of Labor Workforce and Community Initiative ($72,739). 1 of them have funded it in more than one year.
How many funders does MECHANICS LOCAL 701 TRAINING FUND have?
IRS filings report 1 organization giving $72,739 in grants to MECHANICS LOCAL 701 TRAINING FUND, 1 of which have funded it in more than one year.
Who is the largest funder of MECHANICS LOCAL 701 TRAINING FUND?
Chicago Federation of Labor Workforce and Community Initiative is the largest funder on record, with $72,739 in grants. The full list of funders is on this page.
How can an organization like MECHANICS LOCAL 701 TRAINING FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Mechanics Local 701 Training →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing