California-Nev Elec Jnt Apprenshp & Trng Tr Fund
- Assets
- $37.8m
- Revenue
- $16.1m
- Investments
- $6.0m
- Employees
- 58
- Location
- Riverside, CA
- Founding
- 04/1969
- Data as of
- 12/2022
- EIN
- 95-2569213
Organization Overview
California-Nev Elec Jnt Apprenshp & Trng Tr Fund is located in Riverside, CA. The organization was established in 1969. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2022, California-Nev Elec Jnt Apprenshp & Trng Tr Fund employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California-Nev Elec Jnt Apprenshp & Trng 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 12/2022, California-Nev Elec Jnt Apprenshp & Trng Tr Fund generated $16.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $11.5m during the year ending 12/2022. While expenses have increased by 19.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PROGRAM FOR THE TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES, ELECTRICAL OR TREE TRIMMING JOURNEYMEN,OR OTHER APPROPRIATE PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES A PROGRAM FOR THE TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES AND JOURNEYMEN.
PROVIDES A PROGRAM FOR THE TRAINING OF TREE TRIMMING TO JOURNEYMEN AND APPROPRIATE PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Jamison Director | Trustee | 40 | $304,632 |
Eugene Gloudeman Training Director | 40 | $282,101 | |
Chris Cotter Asst Director | 40 | $251,458 | |
Sal Garcia Train. Coordinator | 40 | $240,357 | |
Dan Kallai Asst Director | 40 | $234,625 | |
Pat Collins Instructor | 40 | $226,182 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,125,863 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,647,655 |
| All other contributions, gifts, grants, and similar amounts not included above | $423,967 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,197,485 |
| Total Program Service Revenue | $862,088 |
| Investment income | $306,824 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$286,238 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,080,159 |
| 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. | $304,632 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,554,521 |
| Pension plan accruals and contributions | $956,412 |
| Other employee benefits | $819,896 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,097 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $77,471 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $513,228 |
| Insurance | $0 |
| All other expenses | $1,509,739 |
| Total functional expenses | $11,471,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $7,331,611 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,805,719 |
| 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 | $199,623 |
| Net Land, buildings, and equipment | $17,678,233 |
| Investments—publicly traded securities | $4,759,073 |
| Investments—other securities | $5,990,297 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,954 |
| Total assets | $37,787,810 |
| Accounts payable and accrued expenses | $538,807 |
| 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 | $143,734 |
| Total liabilities | $682,541 |
| Net assets without donor restrictions | $37,105,269 |
| 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 | $37,787,810 |