Nashville Electrical Jatc
- Assets
- $2.0m
- Revenue
- $889.0k
- Investments
- $0.0
- Employees
- 26
- Location
- Nashville, TN
- Founding
- 03/1973
- Data as of
- 12/2020
- EIN
- 23-7284049
Organization Overview
Nashville Electrical Jatc is located in Nashville, TN. The organization was established in 1973. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Nashville Electrical Jatc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville Electrical Jatc 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 12/2020, Nashville Electrical Jatc generated $889.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $840.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND STANDARDIZE TRAINING TO EDUCATE THE MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW) AND THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (NECA).
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELECTRICAL TRAINING OF CANDIDATES SPONSORED BY THE MEMBER UNION CONTRACTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Ledwell II Executive Director | Officer | 40 | $118,839 |
Larry Pittsley Chairman | Trustee | 0 | $0 |
Craig Pruitt Trustee | Trustee | 0 | $0 |
Thomas Greer Trustee | Trustee | 0 | $0 |
John Hull Treasurer | Trustee | 0 | $0 |
Trystan Harbin Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $712 |
| 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 | $888,975 |
| Statement of Expenses | |
|---|---|
| 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. | $142,093 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,117 |
| Pension plan accruals and contributions | $36,511 |
| Other employee benefits | $54,064 |
| Payroll taxes | $28,497 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,400 |
| Fees for services: Accounting | $7,549 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20 |
| Advertising and promotion | $0 |
| Office expenses | $21,569 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,809 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,878 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,887 |
| Insurance | $33,797 |
| All other expenses | $0 |
| Total functional expenses | $840,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $537,002 |
| Savings and temporary cash investments | $165,762 |
| Pledges and grants receivable | $0 |
| 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 | $2,431 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $149 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,989,680 |
| Accounts payable and accrued expenses | $2,139 |
| 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 | $12,526 |
| Total liabilities | $14,665 |
| 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 |
| Total liabilities and net assets/fund balances | $1,975,015 |
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