Construction Education Trust
- Assets
- $1.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 37
- Location
- Madison Heights, MI
- Founding
- 05/1997
- Data as of
- 06/2020
- EIN
- 38-6624867
Organization Overview
Construction Education Trust, operating under the name Semca- Southeastern Michigan Construction Academy, is located in Madison Heights, MI. The organization was established in 1997. As of 06/2022, Semca- Southeastern Michigan Construction Academy employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Semca- Southeastern Michigan Construction Academy 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 06/2020, Semca- Southeastern Michigan Construction Academy generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $1.0m during the year ending 06/2020. While expenses have increased by 9.8% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TRAIN TOMORROW'S WORKFORCE TO BE SKILLED, MOTIVATED AND SAFETY CONSCIOUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APPRENTICESHIP PROGRAM- COURSES PROVIDED TO STUDENTS. COURSES OFFERED INCLUDED CARPENTRY, ELECTRICAL, DRYWALL, SHEETMETAL, PLUMBING, WELDING, AND HEATING/ COOLING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tad Martin Chairman | OfficerTrustee | 5 | $0 |
Paige Levy Vice Chairman | OfficerTrustee | 5 | $0 |
James Struble Treasurer | OfficerTrustee | 5 | $0 |
Keith Ledbetter President/ceo | Officer | 20 | $0 |
Jeff Campbell Trustee | Trustee | 5 | $0 |
Jacqueline Kaltz-Coulombe Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,900 |
| 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 | $1,145,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $15,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $232,413 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,307 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,980 |
| Fees for services: Accounting | $28,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,953 |
| Advertising and promotion | $0 |
| Office expenses | $112,015 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,769 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,942 |
| Insurance | $6,710 |
| All other expenses | $0 |
| Total functional expenses | $1,024,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,598 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,688 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,589,778 |
| Accounts payable and accrued expenses | $29,086 |
| Grants payable | $0 |
| Deferred revenue | $133,334 |
| 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 | $162,420 |
| 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 |
| Total liabilities and net assets/fund balances | $1,427,358 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Construction Education Trust has recieved totaling $120,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $120,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Caney Creek Community Center Pippa Passes, KY | $136,427,755 | $30,649,937 |
Baker College Flint, MI | $33,908,610 | $19,974,450 |
Kentucky Christian University Inc Grayson, KY | $38,563,521 | $22,232,558 |
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |
The Mind Trust Inc Indianapolis, IN | $18,983,816 | $10,830,656 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Duluth Public Schools Academy Duluth, MN | $11,300,582 | $19,293,947 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |