Overview
What is Portland Electrical Joint Apprenticeship & Training Fund?
The Portland Electrical Joint Apprenticeship & Training Fund is a nonprofit organization dedicated to electrical construction instruction and trade training. They operate an apprenticeship program, which annually educates and trains approximately 75 to 80 students. This program equips them with the necessary skills in the electrical trade, contributing to the workforce in this field. The organization's mission is centered around providing high-quality electrical construction instruction and fostering the growth of skilled professionals in the industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Portland Electrical Joint Apprenticeship & Training Fund holds an 82% overall rating, categorized as a Three-Star organization. This score is derived solely from its Accountability & Finance metrics, which reflects its commitment to responsible financial management and transparency. A high Accountability & Finance score indicates that the organization effectively manages its resources and adheres to best practices.
One of the notable strengths of this nonprofit is its governance structure, with 100% of board members being independent. This independence can enhance decision-making and reduce potential conflicts of interest. Additionally, the organization demonstrates strong financial oversight, receiving full marks for its audit and oversight committee and maintaining a low liabilities to assets ratio, which suggests good financial health.
However, while the organization excels in financial accountability and governance, the single-focus rating does not provide insight into program effectiveness or impact. Future evaluations could benefit from a broader assessment that includes program outcomes to provide a more comprehensive view of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Portland Electrical Joint Apprenticeship & Training Fund legitimate?
Portland Electrical Joint Apprenticeship & Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portland Electrical Joint Apprenticeship & Training Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $983
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,216
For more financial information, click here
What is the mission statement of Portland Electrical Joint Apprenticeship & Training Fund?
The Portland Electrical Joint Apprenticeship and Training Fund's primary mission is centered around electrical construction instruction and trade training. They accomplish this through an apprenticeship program, which annually educates and trains approximately 75 to 80 students. The objective of this program is to equip students with the necessary skills in the electrical field. This organization plays a significant role in fostering the growth and development of future electrical professionals.
What is the revenue of Portland Electrical Joint Apprenticeship & Training Fund?
Portland Electrical Joint Apprenticeship & Training Fund's revenue in 2023 was $740,212.
Who are the executives of Portland Electrical Joint Apprenticeship & Training Fund and what are their salaries?
The average compensation at Portland Electrical Joint Apprenticeship & Training Fund during 2023 was $16,540.
Here are 8 key members and their salaries:
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- Related: $19,326
- Other: $8,870
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Where can I find the form 990 for Portland Electrical Joint Apprenticeship & Training Fund?
Portland Electrical Joint Apprenticeship & Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Portland Electrical Joint Apprenticeship & Training Fund
The Portland Electrical Joint Apprenticeship & Training Fund is dedicated to providing electrical construction instruction and trade training. They achieve this mission by operating an apprenticeship program that educates and trains approximately 75 to 80 students annually. This program equips these individuals with the necessary skills and knowledge required for a career in the electrical construction industry. By doing so, the Portland Electrical Joint Apprenticeship & Training Fund plays a vital role in fostering the development of skilled professionals in this field.
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Impact
July, 2024
The Portland Electrical Joint Apprenticeship & Training Fund's impact is significant in the field of electrical construction. By providing comprehensive instruction and hands-on training through an apprenticeship program, it contributes to the development of skilled electricians. The program aims to educate and train around 75 to 80 students annually, equipping them with the necessary knowledge and skills to pursue careers in the electrical construction industry. Through this initiative, the Fund plays a vital role in preparing individuals for employment opportunities and addressing the demand for skilled workers in the sector.
This information is meant to be a general summary of Portland Electrical Joint Apprenticeship & Training Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,239
- Program Service Revenue: $640,337
- Gross Receipts: $740,212
Assets and Liabilities:
- Total Assets: $831,468
- Total Liabilities: $4,138
- Net Assets: $827,330
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$632,735
TUITION, BOOKS AND REL
Revenue
$7,602
Organization Details
Founding Year
1947
Principal Officer
Justin Walsh
NTEE Category
Code: J22Z - Employment
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