Metro Detroit Electrical Industry Training Center Inc
- Assets
- $6.7m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 17
- Location
- Madison Heights, MI
- Founding
- Data as of
- 05/2022
- EIN
- 35-2657190
Organization Overview
Metro Detroit Electrical Industry Training Center Inc is located in Madison Heights, MI. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 05/2022, Metro Detroit Electrical Industry Training Center Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metro Detroit Electrical Industry Training Center Inc 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 05/2022, Metro Detroit Electrical Industry Training Center Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 70.2% each year . All expenses for the organization totaled $3.7m during the year ending 05/2022. While expenses have increased by 62.5% per year over the past 3 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
THE MISSION OF THE METRO DETROIT EITC IS TO EDUCATE ELECTRICIANS AND TELECOM TECHNICIANS IN THE METHODS OF ELECTRICAL CONSTRUCTION AND TELECOMMUNICATIONS INSTALLATIONS,
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST PROVIDED THE FUNDING TO EDUCATE APPROXIMATELY 600 APPRENTICES, & ALSO TRAINED JOURNEYMAN ELECTRCIANS IMPROVING THEIR SKILLS. APPRENTICES LEARNED THE BASIC SKILLS REQUIRED OF AN ELECTRICIAN, AND JOURNEYMAN SKILLS WERE UPGRADED IN CODE UPDATES AND APPLYING NEW METHODS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Dahl Training Dir | Officer | 40 | $133,106 |
Marty Mclean Ass't Train | 40 | $121,709 | |
Beau Burton Instructor | 40 | $114,241 | |
Jennifer Smith Instructor | 40 | $110,407 | |
Matthew Davey Instructor | 40 | $107,873 | |
Greg Macfarland Instructor | 40 | $107,016 |
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 | $4,075,045 |
| Investment income | $0 |
| 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 | $4,078,872 |
| 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. | $133,106 |
| Compensation of current officers, directors, key employees. | $133,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,191,663 |
| Pension plan accruals and contributions | $526,237 |
| Other employee benefits | $208,456 |
| Payroll taxes | $108,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,653 |
| Fees for services: Accounting | $29,553 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $83,234 |
| Advertising and promotion | $8,383 |
| Office expenses | $31,251 |
| Information technology | $68,633 |
| Royalties | $0 |
| Occupancy | $326,647 |
| Travel | $4,114 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,655 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $243,364 |
| Insurance | $31,687 |
| All other expenses | $193,025 |
| Total functional expenses | $3,707,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349,819 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,122,689 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $37,046 |
| Prepaid expenses and deferred charges | $12,200 |
| Net Land, buildings, and equipment | $5,219,924 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,741,678 |
| Accounts payable and accrued expenses | $137,449 |
| 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 | $0 |
| Total liabilities | $137,449 |
| Net assets without donor restrictions | $6,604,229 |
| 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 | $6,741,678 |
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|---|---|---|
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Alternative Services Inc Livonia, MI | $7,366,865 | $19,260,282 |
Employ Milwaukee Inc Milwaukee, WI | $5,350,025 | $18,087,018 |
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 |
Wisconsin Operating Engineers Skill Improvement And Apprenticeship Fun Pewaukee, WI | $22,671,605 | $11,410,505 |
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 |
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 |