The Electrical Trades Center
- Assets
- $7.1m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 41
- Location
- Columbus, OH
- Founding
- 10/2000
- Data as of
- 06/2023
- EIN
- 31-0671879
Organization Overview
The Electrical Trades Center is located in Columbus, OH. The organization was established in 2000. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2023, Electrical Trades Center employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electrical Trades Center 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 06/2023, Electrical Trades Center generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $4.4m during the year ending 06/2023. While expenses have increased by 13.4% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRAINING AND SCHOOLING IN THE ELECTRICAL INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A TRAINING SCHOOL FOR NEW APPRENTICES AND CURRENT JOURNEYMEN IN THE TRADE OF THE ELECTRICAL INDUSTRY PROMOTING THE ELECTRICAL INDUSTRY AS A VOCATION FOR NEW RECRUITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Thompson Director (former) | OfficerTrustee | 45 | $83,115 |
Beth Butler Trustee | Trustee | 1 | $0 |
Jeff Hinton Secretary | OfficerTrustee | 1 | $0 |
Bob Hetterscheidt Trustee | Trustee | 1 | $0 |
Patrick Mcneely Trustee | Trustee | 1 | $0 |
Jimmy Dew Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,322,061 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $262 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,322,323 |
| Total Program Service Revenue | $2,122,437 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,000 |
| 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 | $5,538,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $153,174 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $672,551 |
| Compensation of current officers, directors, key employees. | $201,765 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $338,665 |
| Pension plan accruals and contributions | $95,770 |
| Other employee benefits | $171,202 |
| Payroll taxes | $80,583 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,393 |
| Fees for services: Accounting | $14,300 |
| 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 | $134,315 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $344,779 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,620 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $408,769 |
| Insurance | $29,685 |
| All other expenses | $42,778 |
| Total functional expenses | $4,427,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,706,540 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $813,370 |
| 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 | $15,215 |
| Net Land, buildings, and equipment | $4,527,502 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $29,750 |
| Other assets | $39,355 |
| Total assets | $7,131,732 |
| Accounts payable and accrued expenses | $102,811 |
| 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 | $79,606 |
| Total liabilities | $182,417 |
| Net assets without donor restrictions | $6,949,315 |
| 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 | $7,131,732 |