Indianapolis Electrical Joint Apprenticeship Committee
- Assets
- $8.5m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 29
- Location
- Indianapolis, IN
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 35-1004324
Organization Overview
Indianapolis Electrical Joint Apprenticeship Committee is located in Indianapolis, IN. The organization was established in 1997. 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, Indianapolis Electrical Joint Apprenticeship Committee employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Electrical Joint Apprenticeship Committee 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, Indianapolis Electrical Joint Apprenticeship Committee generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 5.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING FOR ELECTRICAL INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRAINING TO APPRENTICES AND JOURNEYMEN IN ORDER TO IMPROVE THE QUALITY OF ELECTRICIANS IN THE ELECTRICAL CONSTRUCTION INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Patterson Director | Officer | 55 | $153,411 |
Andre Grocox Instructor | 55 | $138,217 | |
Michael Hopkins Instructor | 55 | $122,154 | |
Jeremy Orcutt Instructor | 55 | $117,594 | |
Paul Meyers Instructor | 55 | $113,256 | |
Lori Griffith Trustee | Trustee | 2 | $5,014 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $248,000 |
| 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 | $248,000 |
| Total Program Service Revenue | $2,793,951 |
| Investment income | $68,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,043 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,150,420 |
| 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. | $215,213 |
| Compensation of current officers, directors, key employees. | $62,101 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $919,950 |
| Pension plan accruals and contributions | $274,098 |
| Other employee benefits | $253,504 |
| Payroll taxes | $71,397 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,672 |
| Fees for services: Accounting | $16,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,597 |
| Fees for services: Other | $16,050 |
| Advertising and promotion | $4,000 |
| Office expenses | $59,626 |
| Information technology | $31,146 |
| Royalties | $0 |
| Occupancy | $93,745 |
| Travel | $5,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,687 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $186,991 |
| Insurance | $47,819 |
| All other expenses | $0 |
| Total functional expenses | $2,824,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,482,068 |
| Savings and temporary cash investments | $2,303,631 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,746,245 |
| Investments—publicly traded securities | $1,924,074 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,456,018 |
| Accounts payable and accrued expenses | $0 |
| 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 | $180 |
| Total liabilities | $180 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $8,455,838 |
| Total liabilities and net assets/fund balances | $8,456,018 |
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