Vermont Joint Apprenticeship & Training Committee is located in South Burlington, VT. The organization was established in 1971. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2022, Vermont Joint Apprenticeship & Training Committee employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Joint Apprenticeship & Training Committee is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Vermont Joint Apprenticeship & Training Committee generated $118.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $96.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR THE EDUCATIONAL AND TRAINING PROGRAM FOR ELECTRICAL APPRENTICES AND JOURNEYMEN IN VERMONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APPRENTICESHIP TRAINING PROVIDED TO ELECTRICAL APPRENTICES AND JOURNEYMEN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Wimette Labor Chair | OfficerTrustee | 1 | $0 |
Timothy Labombard Labor Trustee | Trustee | 1 | $0 |
Vincent Bent Labor Trustee | Trustee | 1 | $1,020 |
Tylor Thibault Management Trustee | Trustee | 1 | $0 |
Kenneth Douglas III Management Trustee | Trustee | 1 | $0 |
Paul Roche Management Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $67,522 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $118,670 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $5,925 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,209 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,441 |
Fees for services: Management | $0 |
Fees for services: Legal | $405 |
Fees for services: Accounting | $4,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $118 |
Information technology | $1,716 |
Royalties | $0 |
Occupancy | $5,998 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $417 |
Insurance | $1,796 |
All other expenses | $0 |
Total functional expenses | $96,732 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,629 |
Savings and temporary cash investments | $25 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,055 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $6,269 |
Prepaid expenses and deferred charges | $406 |
Net Land, buildings, and equipment | $1,182 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $23,226 |
Total assets | $59,792 |
Accounts payable and accrued expenses | $1,323 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $23,188 |
Total liabilities | $24,511 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $35,281 |
Total liabilities and net assets/fund balances | $59,792 |