Bogalusa Electrical Joint Apprenticeship And Training Trust
- Assets
- $140.6k
- Revenue
- $50.5k
- Investments
- $0.0
- Employees
- 2
- Location
- New Orleans, LA
- Founding
- 11/1978
- Data as of
- 12/2023
- EIN
- 72-0844243
Organization Overview
Bogalusa Electrical Joint Apprenticeship And Training Trust is located in New Orleans, LA. The organization was established in 1978. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, Bogalusa Electrical Joint Apprenticeship And Training Trust employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bogalusa Electrical Joint Apprenticeship And Training Trust is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Bogalusa Electrical Joint Apprenticeship And Training Trust generated $50.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $23.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OVERSEE AND MONITOR THE STANDARDS FOR TRAINING, INCLUDING: LENGTH OF TRAINING; SELECTION PROCEDURE; WAGES; AND NUMBER OF APPRENTICES TO BE TRAINED. MAKE SURE THAT ALL FEDERAL AND STATE REQUIREMENTS ARE ADDRESSED. HIRE TEACHERS AND PLACE STUDENTS IN THE APPROPRIATE CLASS LEVEL. KEEP UP THE BOOK AND ONLINE CLASSES FOR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLACE STUDENTS IN CLASSES AND JOBS FOR APPRENTICESHIP. ORDER AND DISPENSE BOOKS AND ONLINE CLASSES AS WELL AS KEEP UP WITH THE BOOKKEEPING.
PURCHASING BOOKS AND CODE BOOKS FOR STUDENTS TO PURCHASE AT COST.
UPDATE THE STUDENTS STATUS IN RAPIDS LA WEBSITE FOR APPRENTICES.
PROCESS AND SEND DAVIS BACON WAGE INFO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rickey Kastner Sr Program Director | 7.5 | $8,100 | |
Mickey Fortenberry Board Member | Officer | 2 | $0 |
Shawn Martinez Board Member | Officer | 2 | $0 |
Dustin Fitch Board Member | Officer | 2 | $0 |
Andrew Nevers Board Member | Officer | 2 | $0 |
Rickey Kastner Jr Board Member | Officer | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,805 |
| Investment income | $633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $100 |
| 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 | -$4,026 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,512 |
| 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. | $8,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $803 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,803 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $612 |
| Advertising and promotion | $0 |
| Office expenses | $69 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $127 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $210 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $495 |
| All other expenses | $0 |
| Total functional expenses | $23,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,319 |
| Savings and temporary cash investments | $50,633 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$4,026 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $100 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $578 |
| Total assets | $140,604 |
| Accounts payable and accrued expenses | $0 |
| 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 | $611 |
| Total liabilities | $611 |
| Net assets without donor restrictions | $109,511 |
| Net assets with donor restrictions | $30,482 |
| 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 | $140,604 |