The Electrical Trades Center
- Assets
- $5.3m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 40
- Location
- Columbus, OH
- Founding
- 10/2000
- Data as of
- 06/2021
- 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 06/2021, Electrical Trades Center employed 40 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 06/2021, Electrical Trades Center generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $2.7m during the year ending 06/2021. While expenses have increased by 6.5% per year over the past 6 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
2021
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 | Trustee | 45 | $109,298 |
Greg Stewart Chairman | OfficerTrustee | 1 | $0 |
Jeff Hinton Secretary | OfficerTrustee | 1 | $0 |
Beth Butler Trustee | Trustee | 1 | $0 |
Ed Moore Trustee | Trustee | 1 | $0 |
Bob Shonkwiler Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,933,530 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,115,321 |
| Total Program Service Revenue | $1,224,863 |
| Investment income | $121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$41,594 |
| 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 | $3,338,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,759 |
| Grants and other assistance to domestic individuals. | $83,668 |
| 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 | $109,298 |
| Other salaries and wages | $648,889 |
| Pension plan accruals and contributions | $117,060 |
| Other employee benefits | $92,366 |
| Payroll taxes | $61,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,600 |
| 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 | $100,608 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $120,861 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,437 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $218,754 |
| Insurance | $0 |
| All other expenses | $69,571 |
| Total functional expenses | $2,740,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $841,152 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $318,570 |
| 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 | $9,858 |
| Net Land, buildings, and equipment | $4,165,186 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,334,766 |
| Accounts payable and accrued expenses | $63,826 |
| 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 | $43,076 |
| Total liabilities | $106,902 |
| Net assets without donor restrictions | $5,227,864 |
| 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 | $5,334,766 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Electrical Trades Center has recieved totaling $10,832.
| Awarding Organization | Amount |
|---|---|
Electrical Training Alliance Bowie, MD PURPOSE: TRAINING | $10,832 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternative Services Inc Livonia, MI | $7,366,865 | $19,260,282 |
Eastern Kentucky Concentrated Employment Program Inc Hazard, KY | $3,193,926 | $15,607,928 |
Berrien-Cass-Vanburen Workforce Development Board Inc Benton Harbor, MI | $2,581,468 | $13,721,312 |
Jobworks Inc Fort Wayne, IN | $2,850,480 | $13,765,612 |
Ohio Operating Engineers Apprenticeship Fund Columbus, OH | $28,221,332 | $11,797,420 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |
United Labor Agency Inc Cleveland, OH | $1,262,964 | $7,870,324 |
Hobart Institute Of Welding Technology Troy, OH | $21,990,854 | $8,624,823 |
International Union Of Operating Engineers Local 324 Health & Welfa Troy, MI | $11,444,859 | $7,479,654 |
Eastern Atlantic States Carpenters Technical College Philadelphia, PA | $14,328,660 | $6,924,336 |
Michigan Statewide Carpenters And Millwrights Jatc Fund Lansing, MI | $41,111,289 | $11,191,955 |
Northeast Indian Works Inc Fort Wayne, IN | $1,136,996 | $7,211,329 |