Overview
What is Madison Electrical Joint Apprenticeship And Training Trust Fund?
Madison Electrical Joint Apprenticeship and Training Trust Fund is a nonprofit organization situated in Madison, Wisconsin. Its primary mission is to offer educational and training programs for various electrical classifications, which are covered under the collective bargaining agreement. The organization provided training to approximately 266 apprentices, 950 participants, journey-level worker electricians, and other electrician classifications during the year. Additionally, it trained 10 instructors through instructor improvement courses. The trust fund's activities are centered around enhancing the skills and knowledge of electrical professionals, thereby contributing to the industry's growth and development.
Official website here: www.wijatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Madison Electrical Joint Apprenticeship And Training Trust Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The rating is based solely on the charity's performance in the Accountability & Finance category, where it scored 96%. This high score indicates that the organization effectively manages its resources and adheres to best practices in governance and transparency.
Organizational strengths are evident in the charity's independent board composition, with 100% of its members being independent. The organization also excels in crucial financial health metrics, maintaining a liability-to-assets ratio of 0.00% and a program expense ratio of 97.89%, demonstrating that nearly all funds are directed toward its programs. Additionally, the presence of comprehensive policies, such as conflict of interest and whistleblower protection, further underscores its commitment to ethical operations.
While the data does not highlight specific limitations, the strong performance in all evaluated areas suggests that the organization is well-managed and focused on its mission. Overall, the Madison Electrical Joint Apprenticeship And Training Trust Fund presents itself as a reliable and effective nonprofit in the field of apprenticeship training.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Electrical Joint Apprenticeship And Training Trust Fund legitimate?
Madison Electrical Joint Apprenticeship And Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Electrical Joint Apprenticeship And Training 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wijatc.org
What is the mission statement of Madison Electrical Joint Apprenticeship And Training Trust Fund?
The Madison Electrical Joint Apprenticeship and Training Trust Fund supports an educational and training program for various electrician classifications, including apprentices, journey workers, and participants covered by the collective bargaining agreement. Its mission is to provide these individuals with the necessary skills and knowledge to excel in their respective electrician roles. The trust fund offers training programs for approximately 266 apprentices and 950 other electrician classifications during the year. Additionally, it provides instructor improvement courses to enhance the teaching abilities of ten instructors within the program.
Official website here: www.wijatc.org
Who is the CEO of Madison Electrical Joint Apprenticeship And Training Trust Fund?
Rodney Howard is the Chairman of Madison Electrical Joint Apprenticeship And Training Trust Fund.
Official website here: www.wijatc.org
What is the revenue of Madison Electrical Joint Apprenticeship And Training Trust Fund?
Madison Electrical Joint Apprenticeship And Training Trust Fund's revenue in 2022 was $1,487,048.
Official website here: www.wijatc.org
Who are the executives of Madison Electrical Joint Apprenticeship And Training Trust Fund and what are their salaries?
There 5 volunteers at Madison Electrical Joint Apprenticeship And Training Trust Fund.
Here are 5 key members and their salaries:
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Official website here: www.wijatc.org
Where can I find the form 990 for Madison Electrical Joint Apprenticeship And Training Trust Fund?
Madison Electrical Joint Apprenticeship And Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wijatc.org
Learn more at the official website: www.wijatc.org
Mission Statement of Madison Electrical Joint Apprenticeship And Training Trust Fund
Madison Electrical Joint Apprenticeship and Training Trust Fund is a organization dedicated to supporting the education and training of various electrician classifications, including apprentices and journey workers, who fall under the collective bargaining agreement. Its mission is to establish and maintain a program that provides ongoing learning opportunities for these individuals, aiming to enhance their skills and knowledge in the electrical field. The trust fund serves as a crucial resource, offering training to approximately 266 apprentices and 950 participants, journey level worker electricians, and other electrician classifications covered by the collective bargaining agreement each year. Moreover, the trust fund also invests in the professional development of its instructors, providing them with instructor improvement courses to ensure the delivery of high-quality education.
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Impact
October, 2024
The Madison Electrical Joint Apprenticeship and Training Trust Fund significantly enhances the skilled labor workforce in the electrical industry by providing comprehensive education and training programs. Each year, it serves approximately 266 apprentices and around 950 journey-level electricians and other classifications covered by the collective bargaining agreement. This extensive reach not only equips participants with the necessary skills and knowledge to excel in their careers but also addresses the ongoing demand for qualified electricians in the labor market.
Additionally, the Trust Fund invests in the development of educators by offering training courses for 10 instructors, ensuring that quality instruction is delivered to apprentices and workers. This focus on professional education fosters a culture of continuous improvement and skill enhancement, ultimately benefiting the entire community. By training and refining the skill sets of electricians, the Trust Fund plays a crucial role in promoting employment opportunities and sustaining the economic vitality of the Madison region.
This information is meant to be a general summary of Madison Electrical Joint Apprenticeship And Training 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $290
- Program Service Revenue: $1,486,758
- Gross Receipts: $1,487,048
Assets and Liabilities:
- Total Assets: $1,238,319
- Total Liabilities: $0
- Net Assets: $1,238,319
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYSCHOOL WAGE REIMBURSEMENTS
Revenue
$1,013,161
APPRENTICESHIP AND TRAINING
Revenue
$440,441
COURSE FEES
Revenue
$33,156
Organization Details
Founding Year
1968
Phone
(608) 221-3321Principal Officer
Rodney Howard
Main Address
2730 DAIRY DR 102, MADISON, WI, 537186882
Website
www.wijatc.orgNTEE Category
Code: J22I - Employment
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