Newark Electrical Joint Apprenticeship And Training Trust

Organization Overview

Newark Electrical Joint Apprenticeship And Training Trust, operating under the name Training Trust, is located in Heath, OH. The organization was established in 1992. 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, Training Trust employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Training Trust 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 12/2021, Training Trust generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $722.2k during the year ending 12/2021. While expenses have increased by 16.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TRAINING FOR APPRENTICES AND JOURNEYMEN FOR THE MEMBERS OF INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1105.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES AND JOURNEYMEN DURING THE CURRENT YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Bill Hamilton
Chairman
$0
David Harrison
Secretary
$0
Nick Hamilton
Executive Bo
$0
Clint Heiney
Executive Bo
$0
Jonathan Mandl
Executive Bo
$0
Justen Riley
Executive Bo
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$1,098,782
Investment income $35,772
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $133,360
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,267,914

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