California-Nev Elec Jnt Apprenshp & Trng Tr Fund
- Assets
- $34.4m
- Revenue
- $12.0m
- Investments
- $6.5m
- Employees
- 50
- Location
- Riverside, CA
- Founding
- 04/1969
- Data as of
- 12/2021
- 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 12/2021, California-Nev Elec Jnt Apprenshp & Trng Tr Fund employed 50 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 12/2021, California-Nev Elec Jnt Apprenshp & Trng Tr Fund generated $12.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $7.5m during the year ending 12/2021. While expenses have increased by 15.0% 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
2021
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 | $282,057 |
Eugene Gloudeman Assistant Director | 40 | $259,501 | |
Sal Garcia Train. Coordinator | 40 | $224,125 | |
Jeremy Conner Instructor | 40 | $223,814 | |
John Kiser Instructor | 40 | $218,423 | |
Bryce Peterson Instructor | 40 | $212,188 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,034,075 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $545,236 |
| All other contributions, gifts, grants, and similar amounts not included above | $157,039 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,736,350 |
| Total Program Service Revenue | $548,187 |
| Investment income | $240,317 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $523,084 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,047,938 |
| 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. | $302,057 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,385,221 |
| Pension plan accruals and contributions | $610,117 |
| Other employee benefits | $493,405 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,816 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $69,604 |
| 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 | $363,872 |
| Insurance | $0 |
| All other expenses | $984,017 |
| Total functional expenses | $7,515,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $4,418,985 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,545,171 |
| 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 | $119,509 |
| Net Land, buildings, and equipment | $17,062,110 |
| Investments—publicly traded securities | $4,724,037 |
| Investments—other securities | $6,529,769 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,399,881 |
| Accounts payable and accrued expenses | $172,113 |
| 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 | $105,122 |
| Total liabilities | $277,235 |
| Net assets without donor restrictions | $34,122,646 |
| 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 | $34,399,881 |
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