Northern Nevada Joint Apprentice & Training Comm For Elec Industry
- Assets
- $4.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 17
- Location
- Reno, NV
- Founding
- 11/1971
- Data as of
- 12/2022
- EIN
- 23-7165106
Organization Overview
Northern Nevada Joint Apprentice & Training Comm For Elec Industry is located in Reno, NV. 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, Northern Nevada Joint Apprentice & Training Comm For Elec Industry employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Nevada Joint Apprentice & Training Comm For Elec Industry is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Northern Nevada Joint Apprentice & Training Comm For Elec Industry generated $1.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 13.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
TRAINING AND PROMOTION OF ELECTRICAL INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRAINING TRUST AND ITS JATC PROVIDE ELECTRICAL INDUSTRY TRAINING OF INDENTURED APPRENTICES, RETRAINING OF JOURNEYMEN AND OTHER TRAINEES WITHIN THE JURISDICTION OF NORTHERN NEVADA PURSUANT TO TRAINING STANDARDS APPROVED BY THE NEVADA STATE APPRENTICESHIP COUNCIL UNDER CHAPTER 610 OF NRS AND THE NATIONAL APPRENTICESHIP ACT AKA THE FITZGERALD ACT, 29 USC SECTION 50 ET. SEQ. IN 2021, THE JATC HAD APPROXIMATELY 178 INDENTURED APPRENTICES (170 INSIDE WIREMAN APPRENTICES AND 8 TELECOMMUNICATIONS APPRENTICES). EACH INSIDE WIREMAN APPRENTICE WAS REQUIRED TO COMPLETE NOT LESS THAN 180 HOURS OF CLASSROOM INSTRUCTION DURING THE YEAR (APPROXIMATELY 30,600 INSIDE WIREMAN APPRENTICE CLASSROOM HOURS). EACH TELECOMMUNICATION APPRENTICE WAS REQUIRED TO COMPLETE NOT LESS THAN 160 HOURS OF CLASSROOM INSTRUCTION DURING THE YEAR (APPROXIMATELY 1,280 TELECOMMUNICATION APPRENTICE CLASSROOM HOURS). JOURNEYMAN IN TRAINING COMPLETED A TOTAL OF 724 HOURS OF CLASSROOM TRAINING. A TOTAL OF 404 JOURNEYMAN RECEIVED ADDITIONAL TRAINING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Dye Chairman | OfficerTrustee | 1 | $0 |
Jacob Haas Secretary | OfficerTrustee | 1 | $0 |
Asa Barton Trustee | Trustee | 1 | $0 |
Dan Harker Trustee | Trustee | 1 | $0 |
Ray Taft Trustee | Trustee | 1 | $0 |
Tom Pourchot Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $548,147 |
| 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 | $548,147 |
| Total Program Service Revenue | $1,112,667 |
| Investment income | $51,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$24,311 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$13,443 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,674,277 |
| 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. | $151,296 |
| Compensation of current officers, directors, key employees. | $151,296 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $918,333 |
| Pension plan accruals and contributions | $103,285 |
| Other employee benefits | $95,977 |
| Payroll taxes | $85,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,562 |
| Advertising and promotion | $0 |
| Office expenses | $57,657 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,781 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $116,417 |
| Interest | $204 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $76,491 |
| Insurance | $21,900 |
| All other expenses | $0 |
| Total functional expenses | $2,123,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $586,250 |
| Savings and temporary cash investments | $2,164,622 |
| Pledges and grants receivable | $282,547 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,408 |
| Net Land, buildings, and equipment | $1,095,801 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $207,839 |
| Total assets | $4,375,467 |
| Accounts payable and accrued expenses | $427,399 |
| 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 | $0 |
| Total liabilities | $427,399 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $653,791 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,294,277 |
| Total liabilities and net assets/fund balances | $4,375,467 |