Austin Electrical Joint Apprenticeship & Training Tr Fund
- Assets
- $2.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 26
- Location
- Austin, TX
- Founding
- 11/1967
- Data as of
- 12/2023
- EIN
- 74-6081683
Organization Overview
Austin Electrical Joint Apprenticeship & Training Tr Fund is located in Austin, TX. The organization was established in 1967. 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, Austin Electrical Joint Apprenticeship & Training Tr Fund employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Electrical Joint Apprenticeship & Training Tr Fund 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 12/2023, Austin Electrical Joint Apprenticeship & Training Tr Fund generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATING ELECTRICAL WORKERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THESE FUNDS WERE UTILIZED TO TRAIN ELECTRICIANS BY OFFERING A FIVE-YEAR APPRENTICESHIP PROGRAM AND ADVANCED CONTINUING EDUCATION COURSES TO JOURNEYMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Bryan Trustee | Trustee | 2 | $0 |
Ben Brenneman Trustee | Trustee | 2 | $0 |
Ben Frank Trustee | Trustee | 2 | $0 |
Randy Eldridge Trustee | Trustee | 2 | $0 |
Robert Villareal Trustee | Trustee | 2 | $0 |
Rodolpho Wallace Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $238,829 |
| All other contributions, gifts, grants, and similar amounts not included above | $734,880 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $973,709 |
| Total Program Service Revenue | $298,861 |
| Investment income | $235 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $47,229 |
| 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 | $1,320,088 |
| 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. | $133,848 |
| Compensation of current officers, directors, key employees. | $133,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $207,913 |
| Pension plan accruals and contributions | $7,588 |
| Other employee benefits | $8,440 |
| Payroll taxes | $26,107 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $863 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,029 |
| Advertising and promotion | $0 |
| Office expenses | $12,519 |
| Information technology | $24,362 |
| Royalties | $0 |
| Occupancy | $37,050 |
| Travel | $10,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,673 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,965 |
| Insurance | $37,362 |
| All other expenses | $40,718 |
| Total functional expenses | $1,107,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $950,131 |
| Savings and temporary cash investments | $0 |
| 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 | $1,191,807 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,141,938 |
| 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 | $1,961 |
| Total liabilities | $1,961 |
| Net assets without donor restrictions | $2,138,206 |
| Net assets with donor restrictions | $1,771 |
| 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 | $2,141,938 |