Rio Grande Valley Laredo Electric Jatc Trust Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201740495 ✦ Mcallen, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rio Grande Valley Laredo Electric Jatc Trust Fund?

The Rio Grande Valley Laredo Electric Jatc Trust Fund, situated in McAllen, Texas, serves as an Apprenticeship Training School. With a mission to foster careers in the electrical industry, the organization provides both classroom instruction and practical, on-the-job training through its apprenticeship program. The Trust Fund, employing a team of six individuals, is committed to delivering high-quality education, empowering students to excel in their chosen field.

Is Rio Grande Valley Laredo Electric Jatc Trust Fund legitimate?

Rio Grande Valley Laredo Electric Jatc Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Grande Valley Laredo Electric Jatc Trust 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: $38,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,935

For more financial information, click here

What is the mission statement of Rio Grande Valley Laredo Electric Jatc Trust Fund?

The Rio Grande Valley Laredo Electric Joint Apprenticeship and Training Committee Trust Fund, often referred to as 'The School,' is dedicated to providing high-quality vocational training for individuals aspiring to carve out a career in the electrical industry. This is achieved through a combination of classroom instruction and practical on-the-job training, as part of an apprenticeship program. The primary goal of The School is to equip its students with the necessary skills and knowledge to excel in their chosen field.

What is the revenue of Rio Grande Valley Laredo Electric Jatc Trust Fund?

Rio Grande Valley Laredo Electric Jatc Trust Fund's revenue in 2023 was $574,833.

Who are the executives of Rio Grande Valley Laredo Electric Jatc Trust Fund and what are their salaries?

The average compensation at Rio Grande Valley Laredo Electric Jatc Trust Fund during 2023 was $37,622. There are 5 employees at Rio Grande Valley Laredo Electric Jatc Trust Fund.

Here are 5 key members and their salaries:


Sergio A Salinas (Chairman)
  • Compensation: $38,175
  • Related: $0
  • Other: $0
Angel Castillo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Flores (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Santiago Tamaz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Longoria (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rio Grande Valley Laredo Electric Jatc Trust Fund?

Rio Grande Valley Laredo Electric Jatc Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rio Grande Valley Laredo Electric Jatc Trust Fund

The Rio Grande Valley Laredo Electric JATC Trust Fund, in its mission, focuses on providing top-notch training opportunities for individuals aiming to establish a career in the electrical industry. The organization achieves this goal by offering a comprehensive training program that encompasses both classroom instruction and hands-on experience. This apprenticeship program, operated by the School, is specifically designed to equip students with the essential skills required to excel in this field.

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Impact




October, 2024

The Rio Grande Valley Laredo Electric Jatc Trust Fund plays a vital role in supporting the electrical industry in Texas by providing comprehensive training programs for aspiring electricians. Through its structured apprenticeship program, it offers both classroom instruction and hands-on experience, equipping students with the necessary skills to excel in their careers.

By focusing on quality training and practical application, the Trust Fund ensures that graduates are well-prepared to meet the demands of the workforce, ultimately contributing to the growth and efficiency of the electrical sector. This not only enhances individual career prospects but also strengthens the local economy by fostering a skilled workforce that can support industry needs. Overall, the Trust Fund significantly impacts both participants and the broader community by promoting employment opportunities and technical proficiency in the electrical field.




This information is meant to be a general summary of Rio Grande Valley Laredo Electric Jatc Trust 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.

Revenue
$574,833 (2023)
Expenses
$334,676 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,895
  • Program Service Revenue: $76,193
  • Gross Receipts: $574,833

Assets and Liabilities:

  • Total Assets: $393,785
  • Total Liabilities: $2,673
  • Net Assets: $391,112

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Continuing Education

Revenue

$4,530

Course Fees

Revenue

$9,905

Membership Dues & Assessments

Revenue

$35,133

Testing Fees

Revenue

$26,625

Organization Details

Founding Year

2005

Principal Officer

Angel Castillo

NTEE Category

Code: J22 - Employment

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