Denver Electrical Joint Apprenticeship And Training Commit is located in Denver, CO. The organization was established in 1984. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 08/2023, Denver Electrical Joint Apprenticeship And Training Commit employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Electrical Joint Apprenticeship And Training Commit 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 08/2023, Denver Electrical Joint Apprenticeship And Training Commit generated $2.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $2.4m during the year ending 08/2023. While expenses have increased by 5.2% 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
CLASSROOM EDUCATION FOR UNION ELECTRICIANS, APPRENTICES, AND JOURNEYMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES APPRENTICESHIP TRAINING AND EDUCATION FOR ELECTRICAL INDUSTRY APPRENTICES AND JOURNEYMAN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Vera Chairman | Trustee | 4 | $0 |
Marc Davis Secretary | Trustee | 4 | $0 |
Francis Marcotte Trustee | Trustee | 4 | $0 |
Jeremy Ross Trustee | Trustee | 4 | $0 |
Chris Boardman Trustee | Trustee | 4 | $0 |
Jeremy Wilson Trustee | Trustee | 4 | $0 |
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 | $10,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
Total Program Service Revenue | $2,569,923 |
Investment income | $187,498 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$69,254 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,702,763 |
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. | $109,863 |
Compensation of current officers, directors, key employees. | $27,466 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $644,390 |
Pension plan accruals and contributions | $77,410 |
Other employee benefits | $124,521 |
Payroll taxes | $63,470 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,590 |
Fees for services: Accounting | $17,349 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $39,383 |
Fees for services: Other | $529 |
Advertising and promotion | $31 |
Office expenses | $77,023 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $80,252 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $18,052 |
Interest | $56,654 |
Payments to affiliates | $1,768 |
Depreciation, depletion, and amortization | $142,611 |
Insurance | $50,489 |
All other expenses | $17,447 |
Total functional expenses | $2,380,967 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $909,656 |
Savings and temporary cash investments | $307,276 |
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 | $4,019,155 |
Investments—publicly traded securities | $3,946,791 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,182,878 |
Accounts payable and accrued expenses | $6,847 |
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 | $1,471,803 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,478,650 |
Net assets without donor restrictions | $7,704,228 |
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 | $9,182,878 |