Electrical Apprenticeship And Training Fund
- Assets
- $57.4m
- Revenue
- $17.6m
- Investments
- $0.0
- Employees
- 52
- Location
- Alsip, IL
- Founding
- 10/1961
- Data as of
- 12/2021
- EIN
- 36-2445742
Organization Overview
Electrical Apprenticeship And Training Fund is located in Alsip, IL. The organization was established in 1961. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Electrical Apprenticeship And Training Fund employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electrical Apprenticeship And Training Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Electrical Apprenticeship And Training Fund generated $17.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $10.9m during the year ending 12/2021. While expenses have increased by 2.5% 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
THE TRUST PROVIDES FACILITIES AND TRAINING FOR APPRENTICES AND JOURNEYMEN FOR ELECTRICAL, COMMUNICATION AND CONSTRUCTION INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST PROVIDES BOTH THE FACILITIES AND THE TRAINING FOR APPRENTICES AND JOURNEYMEN FOR THE ELECTRICAL, COMMUNICATION AND THE CONSTRUCTION INDUSTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Kent Director | Trustee | 40 | $190,800 |
Anthony Jacob Comptroller | 40 | $171,414 | |
Maurice King Director Of Community Relations | 40 | $153,154 | |
Christopher Rawson Program Coordinator | 40 | $145,000 | |
James Niecestro Instructor | 40 | $137,881 | |
Anthony Hopps Instructor | 40 | $137,743 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Leadership Surge Diversity, Equity And Inclusion Workshop | 12/30/21 | $111,499 |
Crescent Cleaning Co Cleaning Services | 12/30/21 | $121,739 |
Atkore International Inc Class Material-conduit | 12/30/21 | $312,790 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,122,857 |
| All other contributions, gifts, grants, and similar amounts not included above | $710,380 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,833,237 |
| Total Program Service Revenue | $14,890,281 |
| Investment income | $114,168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500,152 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,610,987 |
| 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. | $258,943 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,379,742 |
| Pension plan accruals and contributions | $1,123,097 |
| Other employee benefits | $845,380 |
| Payroll taxes | $273,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $103,893 |
| Fees for services: Accounting | $24,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,855 |
| Fees for services: Other | $246,873 |
| Advertising and promotion | $7,083 |
| Office expenses | $150,011 |
| Information technology | $232,375 |
| Royalties | $0 |
| Occupancy | $1,381,313 |
| Travel | $10,958 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,756 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,333,534 |
| Insurance | $0 |
| All other expenses | $109,036 |
| Total functional expenses | $10,869,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $948,292 |
| Savings and temporary cash investments | $22,880,168 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,547,186 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $244,095 |
| Prepaid expenses and deferred charges | $85,494 |
| Net Land, buildings, and equipment | $21,052,697 |
| Investments—publicly traded securities | $9,671,551 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,429,483 |
| Accounts payable and accrued expenses | $1,111,368 |
| 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 | $1,270,928 |
| Total liabilities | $2,382,296 |
| Net assets without donor restrictions | $55,047,187 |
| 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 | $57,429,483 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Brotherhood Of Carpenters & Joiners Of America Greenwood, IN | $122,593,290 | $51,465,869 |
United Brotherhood Of Carpenters & Joiners Of America Chicago, IL | $110,214,946 | $45,299,424 |
International Union Of Operating Engineers 150 Countryside, IL | $120,458,084 | $50,201,834 |
American Angus Association St Joseph, MO | $50,847,076 | $46,663,578 |
Chicago Federation Teachers Union Chicago, IL | $16,308,443 | $32,429,863 |
Service Employees International Union Local 1 Chicago, IL | $12,557,999 | $30,120,260 |
Plumbers & Steamfitters Local 440 Supplemental Health And Welfare Lafayette, IN | $31,106,219 | $30,642,055 |
Pipe Fitters Training Fund Mokena, IL | $67,804,506 | $30,663,437 |
Laborers International Union Of North America Terre Haute, IN | $6,280,532 | $25,325,263 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Chicago, IL | $44,527,924 | $24,662,061 |
American Federation Of Teachers Westmont, IL | $27,833,532 | $25,589,628 |
International Brotherhood Of Electrical Workers Chicago, IL | $61,202,131 | $32,517,419 |