I B E W Local 163 Joint Apprentice & Training Committe
- Assets
- $2.1m
- Revenue
- $889.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Nanticoke, PA
- Founding
- 06/2016
- Data as of
- 03/2022
- EIN
- 24-6019387
Organization Overview
I B E W Local 163 Joint Apprentice & Training Committe is located in Nanticoke, PA. The organization was established in 2016. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 03/2022, I B E W Local 163 Joint Apprentice & Training Committe employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I B E W Local 163 Joint Apprentice & Training Committe 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 03/2022, I B E W Local 163 Joint Apprentice & Training Committe generated $889.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $474.6k during the year ending 03/2022. While expenses have increased by 2.4% per year over the past 7 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
TO PROVIDE AND ADMINISTRATE TRAINING AND EDUCATION FOR INTERESTED INDIVIDUALS NECESSARY TO SERVE THEIR APPRENTICESHIPS AND BECOME LICENSED ELECTRICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELECTRICIAN APPRENTICE EDUCATION AND TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Nadolny Training Director | Trustee | 40 | $84,573 |
John J Olejnik Secretary | OfficerTrustee | 1 | $0 |
Gregory Judd Jr Chairman | OfficerTrustee | 1 | $0 |
Jay Jones Trustee | Trustee | 1 | $0 |
Raymond Sipple III Trustee | Trustee | 1 | $0 |
Thomas Moore Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $262,444 |
| 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 | $262,444 |
| Total Program Service Revenue | $622,861 |
| Investment income | $4,185 |
| 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 | $889,490 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $154,691 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,732 |
| Payroll taxes | $11,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,505 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $493 |
| Fees for services: Other | $5,443 |
| Advertising and promotion | $133 |
| Office expenses | $3,794 |
| Information technology | $613 |
| Royalties | $0 |
| Occupancy | $32,802 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,688 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,739 |
| Insurance | $19,388 |
| All other expenses | $33,273 |
| Total functional expenses | $474,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,600 |
| Savings and temporary cash investments | $396,001 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $102,225 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,250 |
| Prepaid expenses and deferred charges | $6,787 |
| Net Land, buildings, and equipment | $1,245,382 |
| Investments—publicly traded securities | $147,156 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,757 |
| Other assets | $0 |
| Total assets | $2,142,158 |
| Accounts payable and accrued expenses | $95,238 |
| 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 | $546,854 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $642,092 |
| Net assets without donor restrictions | $1,500,066 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,142,158 |
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