Northern Illinois Electrical Joint Apprenticeship And Training Trust
- Assets
- $7.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 23
- Location
- Rockford, IL
- Founding
- 04/1999
- Data as of
- 06/2024
- EIN
- 36-3153674
Organization Overview
Northern Illinois Electrical Joint Apprenticeship And Training Trust is located in Rockford, IL. The organization was established in 1999. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2024, Northern Illinois Electrical Joint Apprenticeship And Training Trust employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Illinois Electrical Joint Apprenticeship And 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 06/2024, Northern Illinois Electrical Joint Apprenticeship And Training Trust generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $1.8m during the year ending 06/2024. While expenses have increased by 10.6% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES EDUCATION AND TRAINING TO ELECTRICIAN APPRENTICES, ALONG WITH CONTINUING EDUCATION CLASSES TO UNION ELECTRICIANS OF IBEW LOCAL 364.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NIEJATC HAS THREE APPRENTICE CLASSIFICATIONS: THE FIRST BEING THE INSIDE CONSTRUCTION DIVISION WHICH IS A FIVE-YEAR PROGRAM. THE INSIDE CONSTRUCTION DIVISION HAS 3 COMPONENTS TO IT. THE FIRST BEING THE JOURNEYMAN WIREMAN CERTIFICATE WHICH HAS 130 PARTICIPANTS AT A COST OF $2,400.28 PER STUDENT. THE SECOND PART IS THE CERTIFICATE THROUGH ROCK VALLEY COMMUNITY COLLEGE WHICH HAS 99 PARTICIPANTS IN THE PROGRAM WITH A COST OF $3,418.04 PER STUDENT. THE THIRD PART IS THE ASSOCIATE DEGREE PROGRAM THROUGH ROCK VALLEY COMMUNITY COLLEGE WHICH HAS 34 PARTICIPANTS WITH A COST OF $1,195.22 PER STUDENT.
THE SECOND CLASSIFICATION IS THE TELECOMMUNICATIONS TRAINING PROGRAM WHICH IS A FOUR-YEAR PROGRAM AND HAS 36 PARTICIPANTS WITH A COST OF $810.79 PER STUDENT.
THE THIRD CLASSIFICATION IS THE RESIDENTIAL TRAINING PROGRAM WHICH IS A THREE-YEAR PROGRAM AND HAD 0 PARTICIPANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachary Holycross Chairman | OfficerTrustee | 1 | $3,040 |
Jim Swedberg Secretary | OfficerTrustee | 0.5 | $0 |
Nik Perko Trustee | Trustee | 0.5 | $0 |
Alan Golden Trustee | Trustee | 0.5 | $0 |
Ezequias Sanchez Trustee | Trustee | 0.5 | $0 |
Fernando Perez Trustee | Trustee | 1 | $3,040 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neca Ibew Local 364 Fringe Benefits Fringe Benefit Management | 6/29/24 | $314,299 |
Rock Valley College Tuition- Class Instructions | 6/29/24 | $235,157 |
Marco Technologies Computers/set-up/software Installation | 6/29/24 | $193,355 |
Electrical Training Alliance Online Training Course Fees | 6/29/24 | $174,837 |
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 | $3,257,653 |
| Investment income | $132,000 |
| 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 | $3,392,340 |
| 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. | $219,687 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $332,458 |
| Pension plan accruals and contributions | $125,534 |
| Other employee benefits | $104,954 |
| Payroll taxes | $36,958 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,283 |
| Office expenses | $36,540 |
| Information technology | $6,023 |
| Royalties | $0 |
| Occupancy | $92,490 |
| Travel | $6,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,663 |
| Interest | $311 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,028 |
| Insurance | $22,208 |
| All other expenses | $18,232 |
| Total functional expenses | $1,784,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $234,053 |
| Savings and temporary cash investments | $4,664,443 |
| 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 | $2,282,134 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,180,630 |
| Accounts payable and accrued expenses | $309 |
| 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 | $5,973 |
| Total liabilities | $6,282 |
| Net assets without donor restrictions | $7,174,348 |
| 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 | $7,180,630 |