Overview
What is York Electrical Institute?
The York Electrical Institute is a nonprofit organization situated in York, Pennsylvania. Its primary mission is to offer training opportunities for electricians in the York and Adams County regions. This initiative aims to ensure IBEW Local 229 has a pool of highly skilled apprentices and journeymen. The institute provides a comprehensive training program, including a five-year electrician (wireman) course and a three-year telecommunications program. During their training period, apprentices can secure employment from participating employers through collective bargaining agreements with the union. Upon completion, students receive a certificate and credential from the Pennsylvania Department of Labor. The institute also provides opportunities for personal and professional growth through apprenticeship and continuing education classes, delivered both in-house and through training partners, utilizing various learning formats.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating).
York Electrical Institute has achieved a Three-Star rating, indicating a solid level of accountability and finance management. The rating is derived entirely from its accountability and finance score, which reflects a strong commitment to transparency and responsible financial practices. With a fiscal year ending in 2023, the organization demonstrated effective governance, evidenced by having a fully independent board and no material diversion of assets.
The institute has a program expense ratio of 68.45%, showing that a significant portion of its expenditures directly supports its mission-related activities. Additionally, its low liabilities to assets ratio of 1.24% highlights its prudent financial management and stability. However, while the organization has strengths in governance and financial health, the overall score suggests there may be areas for improvement to boost its performance further.
This AI summary has been generated from information found on Charity Navigator.
Is York Electrical Institute legitimate?
York Electrical Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. York Electrical Institute 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: $256,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,657
For more financial information, click here
What is the mission statement of York Electrical Institute?
The York Electrical Institute's mission is focused on offering training opportunities to electricians, aiming to cultivate highly skilled apprentices and journeyworkers within IBEW Local 229. The institute provides a platform for personal and professional growth through a variety of training methods, including traditional classroom settings, blended learning, and online courses. The institute also emphasizes professional behavior, ethics, and attitudes in its instructors, ensuring a positive learning environment both in and out of the classroom. Furthermore, the York Electrical Institute ensures that apprentices receive diverse on-the-job training to maintain high standards of attitude, skill, and knowledge within the organization.
Who is the CEO of York Electrical Institute?
Tom Henchey is the Chairman of York Electrical Institute.
What is the revenue of York Electrical Institute?
York Electrical Institute's revenue in 2023 was $484,254.
Who are the executives of York Electrical Institute and what are their salaries?
The average compensation at York Electrical Institute during 2023 was $15,704. There are 20 employees at York Electrical Institute.
Here are 7 key members and their salaries:
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- Compensation: $60,164
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- Other: $69,847
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- Compensation: $502
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- Other: $296
Where can I find the form 990 for York Electrical Institute?
York Electrical Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of York Electrical Institute
The York Electrical Institute, a dedicated organization, is committed to providing training opportunities for electricians in their field. Its primary mission is to ensure that IBEW Local 229 has the most highly skilled apprentices and journeyworkers available. To achieve this, the Institute offers a variety of personal and professional growth opportunities through apprenticeship and continuing education classes. These classes are delivered in a mix of traditional classroom settings, blended formats, and online courses, tailored to suit the needs of the learners.
The York Electrical Institute staff models professional behaviors, ethics, and attitudes, both in and out of the classroom. They strive to set an exemplary standard for their trainees, instilling a strong work ethic and commitment to excellence. Additionally, the Institute ensures that apprentices receive excellent and diverse on-the-job training. This comprehensive approach to education and hands-on experience aims to maintain the Institute's high standards of attitude, skill, and knowledge within the industry.
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Impact
July, 2024
The impact of York Electrical Institute is significant in providing training opportunities for electricians in York and Adams County. By ensuring that IBEW Local 229 has the highest skilled apprentices and journeyman available, the institute plays a crucial role in developing a skilled workforce in the electrical trade. Through their programs, which include a five-year electrician program and a three-year telecommunications program, the institute prepares students for successful careers in the industry.
Additionally, by offering apprenticeships and continuing education classes, both in-house and through training partners, York Electrical Institute contributes to the personal and professional growth of individuals in the field. The focus on modeling professional behaviors, ethics, and attitudes further enhances the impact of the institute in shaping the next generation of electricians. Overall, York Electrical Institute's dedication to excellence in training and maintaining high standards ensures a positive impact on the electrical industry in the region.
This information is meant to be a general summary of York Electrical Institute. 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: $50,846
- Program Service Revenue: $433,408
- Gross Receipts: $612,169
Assets and Liabilities:
- Total Assets: $1,603,282
- Total Liabilities: $19,883
- Net Assets: $1,583,399
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$324,102
GRANT REVENUE
Revenue
$107,859
BOOK & SUPPLY FEE
Revenue
$1,171
PRE-APPRENTICE TUITION
Revenue
$276
Organization Details
Founding Year
1966
Phone
(717) 843-8368Principal Officer
Tom Henchey
Main Address
555 WILLOW SPRINGS LANE, YORK, PA, 174068427
NTEE Category
Code: B30 - Education
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