Ibew-Neca Joint Apprenticeship Training Trust Fund
- Assets
- $253.7k
- Revenue
- $224.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Byram, MS
- Founding
- 09/1974
- Data as of
- 06/2022
- EIN
- 64-0535585
Organization Overview
Ibew-Neca Joint Apprenticeship Training Trust Fund is located in Byram, MS. The organization was established in 1974. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Ibew-Neca Joint Apprenticeship Training Trust Fund employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ibew-Neca Joint Apprenticeship Training Trust 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 06/2022, Ibew-Neca Joint Apprenticeship Training Trust Fund generated $224.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $207.2k during the year ending 06/2022. While expenses have increased by 6.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING ELECTRICAL APPRENTICES AND JOURNEYMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES AND JOURNEYMEN.
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 |
|---|---|---|---|
C Jim Stephens Training Dir | Officer | 40 | $85,490 |
R Brad Wallace Chairman/ibe | OfficerTrustee | 1 | $0 |
John Fortenberry Secretary | OfficerTrustee | 1 | $0 |
Reed Nelson Trustee | Trustee | 1 | $0 |
Chris Fountain Trustee | Trustee | 1 | $0 |
David Kelly Trustee | Trustee | 1 | $0 |
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 | $149,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,160 |
| Total Program Service Revenue | $73,809 |
| Investment income | $76 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,100 |
| 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 | $224,145 |
| 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. | $108,720 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,017 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,983 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,854 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $200 |
| Advertising and promotion | $0 |
| Office expenses | $1,290 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,107 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,938 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,704 |
| Insurance | $5,134 |
| All other expenses | $1,548 |
| Total functional expenses | $207,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,635 |
| Savings and temporary cash investments | $75,714 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,153 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,100 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,474 |
| Net Land, buildings, and equipment | $13,599 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $253,675 |
| Accounts payable and accrued expenses | $7,371 |
| Grants payable | $0 |
| Deferred revenue | $25,975 |
| 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 | $33,346 |
| Net assets without donor restrictions | $220,329 |
| 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 | $253,675 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black Smith Multi-Media Inc Montgomery, AL | $10,013,648 | $10,013,648 |
Labfour Career Training Institute Memphis, TN | $0 | $5,875,670 |
Jones Valley Urban Farm Birmingham, AL | $9,858,404 | $2,083,789 |
Central South Carpenters Regional Council Training Fund of Louisiana Metairie, LA | $0 | $2,012,651 |
Strive Incorporated New Orleans, LA | $3,777,565 | $2,132,374 |
Edwards Street Fellowship Center Inc Hattiesburg, MS | $1,863,827 | $1,868,899 |
Arkansas Human Development Corporation Little Rock, AR | $232,828 | $1,711,010 |
Fitops Foundation Bentonville, AR | $2,245,572 | $1,740,126 |
Employment & Training Services Inc Jonesboro, AR | $91,334 | $1,398,503 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Birmingham, AL | $1,198,206 | $1,208,257 |
L&j Empowerment Little Rock, AR | $41,698 | $809,715 |
Work Connection Inc Houma, LA | $187,518 | $1,191,834 |