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Local Union 400 Ibew Joint Apprentice & Training Committee

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

EIN: 221951385 ✦ Wall, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Local Union 400 Ibew Joint Apprentice & Training Committee?

Local Union 400 Ibew Joint Apprentice & Training Committee is a nonprofit organization situated in Wall, New Jersey. Their primary focus is to educate and train individuals, equipping them to become qualified electricians. With a team of 22 dedicated professionals, they offer comprehensive training programs to contribute to the electrical industry's workforce development. Their mission remains unwavering, ensuring that they provide the necessary skills and knowledge to their trainees, contributing to a safe and efficient electrical environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

Local Union 400 Ibew Joint Apprentice & Training Committee has received a Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This score is derived entirely from its Accountability & Finance metrics, highlighting the organization's commitment to financial transparency and responsible management practices.

The nonprofit excels in maintaining an independent board, with all eight members being independent, which contributes to its strong governance structure. Additionally, the organization has scored perfectly in several key areas, including its audit and oversight practices, and the absence of material diversion of assets. Its program expense ratio is remarkably high at 100%, indicating that all of its expenses are directed towards its core mission.

While the organization shows strong performance in financial accountability, the single-beacon score means that other areas of evaluation, such as impact and engagement, are not assessed. This limitation suggests that while the financial health of the organization is robust, further details on program effectiveness and community impact may be beneficial for a comprehensive understanding of its overall performance.


This AI summary has been generated from information found on Charity Navigator.

Is Local Union 400 Ibew Joint Apprentice & Training Committee legitimate?

Local Union 400 Ibew Joint Apprentice & Training Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local Union 400 Ibew Joint Apprentice & Training Committee 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: $232,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Local Union 400 Ibew Joint Apprentice & Training Committee?

The Local Union 400 IBEW Joint Apprentice & Training Committee is dedicated to educating individuals, equipping them to become proficient electricians. Their primary objective is to prepare individuals with the necessary skills and knowledge to excel in this field. By providing comprehensive training programs, they aim to produce qualified electricians who can contribute positively to their respective industries. The committee's activities are centered around imparting technical knowledge, fostering practical skills, and ensuring that each trainee meets the standards required for the electrical trade.

Who is the CEO of Local Union 400 Ibew Joint Apprentice & Training Committee?

Todd J Larsen is the Trustee of Local Union 400 Ibew Joint Apprentice & Training Committee.

What is the revenue of Local Union 400 Ibew Joint Apprentice & Training Committee?

Local Union 400 Ibew Joint Apprentice & Training Committee's revenue in 2023 was $773,116.

Who are the executives of Local Union 400 Ibew Joint Apprentice & Training Committee and what are their salaries?

The average compensation at Local Union 400 Ibew Joint Apprentice & Training Committee during 2023 was $10,548. There are 22 employees at Local Union 400 Ibew Joint Apprentice & Training Committee.


Here are 9 key members and their salaries:


Robert Shimko (Trustee)
  • Compensation: $0
  • Related: $199,311
  • Other: $141,511
George Beck (Former Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Tomasiello (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Sole (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Tucker (Former Training Director)
  • Compensation: $78,195
  • Related: $0
  • Other: $56,160
Michael J Ricca (Trustee)
  • Compensation: $0
  • Related: $180,041
  • Other: $127,830
Todd J Larsen (Training Director)
  • Compensation: $54,619
  • Related: $0
  • Other: $38,598
Michael Mckiever (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil O' Neill (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local Union 400 Ibew Joint Apprentice & Training Committee?

Local Union 400 Ibew Joint Apprentice & Training Committee's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Local Union 400 Ibew Joint Apprentice & Training Committee

Local Union 400 IBEW Joint Apprentice & Training Committee is dedicated to educating individuals, equipping them with the necessary skills to become qualified electricians. Their mission is centered around providing comprehensive training programs, aiming to foster a workforce of skilled electricians. By investing in human capital, this organization contributes to the development of a reliable and efficient electrical industry.

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Impact




October, 2024

Local Union 400 IBEW Joint Apprentice & Training Committee plays a crucial role in shaping the future of the electrical trade by providing comprehensive training for aspiring electricians. Located in Wall, NJ, the committee focuses on developing skilled professionals who meet the demands of the industry. Through structured apprenticeship programs, the organization equips individuals with the knowledge and hands-on experience necessary to excel in their careers as qualified electricians.

The impact of the committee extends beyond just technical skills; it fosters a sense of community and professionalism within the electrical workforce. By emphasizing safety, efficiency, and industry standards, Local Union 400 ensures that graduates are well-prepared to contribute positively to their workplaces and the broader economy. The training provided not only helps individuals secure stable and rewarding careers but also enhances the quality and reliability of electrical services within the region. Overall, the committee plays a vital role in promoting workforce development, safety, and excellence in the electrical field.




This information is meant to be a general summary of Local Union 400 Ibew Joint Apprentice & Training Committee. 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
$773,116 (2023)
Expenses
$874,580 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $42,193
  • Program Service Revenue: $653,870
  • Gross Receipts: $990,234

Assets and Liabilities:

  • Total Assets: $2,462,272
  • Total Liabilities: $303,508
  • Net Assets: $2,158,764

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Programs

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

EMPLOYERS' CONTRIBUTIO

Revenue

$653,870

Organization Details

Founding Year

1940

Principal Officer

Todd J Larsen

Main Address

PO BOX 1256 HIGHWAY 138, WALL, NJ, 07719

NTEE Category

Code: B30 - Education

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