Overview
What is Ventura County Electrical Workers Joint Apprentice Trust Fund?
The Ventura County Electrical Workers Joint Apprentice Trust Fund is a nonprofit organization situated in Oxnard, California. With a team of nine dedicated individuals, its primary purpose is to offer educational services and training to electrical apprentices and journeymen electricians residing in Ventura County. By providing comprehensive training, this organization aims to equip and support members of local union 952, ensuring they maintain their proficiency and stay updated with the latest developments in the electrical field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Ventura County Electrical Workers Joint Apprentice Trust Fund has received a low rating primarily due to its overall performance in accountability and finance, scoring just 54%. Although the organization boasts a strong governance structure with a fully independent board and comprehensive policies in place, it struggles with financial metrics, particularly in terms of its program expense ratio and liabilities to assets ratio.
Strengths highlighted in the rating include a high percentage of independent board members and the presence of critical policies such as conflict of interest and whistleblower protections. These factors indicate a level of transparency and commitment to effective governance. However, the charity's financial ratios reveal significant concerns, as it allocated only 39.36% of its expenses to programs, which may suggest inefficiencies in resource utilization.
Overall, while the Ventura County Electrical Workers Joint Apprentice Trust Fund demonstrates solid governance practices, its financial management raises red flags. Prospective donors should consider these limitations alongside the organization's strengths before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Ventura County Electrical Workers Joint Apprentice Trust Fund legitimate?
Ventura County Electrical Workers Joint Apprentice Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ventura County Electrical Workers Joint Apprentice 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: $221,392
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,080
For more financial information, click here
What is the mission statement of Ventura County Electrical Workers Joint Apprentice Trust Fund?
The Ventura County Electrical Workers Joint Apprentice Trust Fund is dedicated to fulfilling a mission aimed at offering educational services and training for electrical apprentices and journeymen electricians. Their primary objective is to equip these individuals with the necessary skills through an apprentice and journeymen training program. By doing so, they aim to contribute to the development of a competent and skilled workforce within the electrical industry. The fund's activities are geared towards enhancing the professional growth and competence of its members, thereby ensuring a consistent standard of electrical workmanship.
What is the revenue of Ventura County Electrical Workers Joint Apprentice Trust Fund?
Ventura County Electrical Workers Joint Apprentice Trust Fund's revenue in 2024 was $970,980.
Who are the executives of Ventura County Electrical Workers Joint Apprentice Trust Fund and what are their salaries?
The average compensation at Ventura County Electrical Workers Joint Apprentice Trust Fund during 2024 was $29,373. There are 12 employees at Ventura County Electrical Workers Joint Apprentice Trust Fund.
Here are 11 key members and their salaries:
- Compensation: $140,101
- Related: $0
- Other: $81,291
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ventura County Electrical Workers Joint Apprentice Trust Fund?
Ventura County Electrical Workers Joint Apprentice Trust Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ventura County Electrical Workers Joint Apprentice Trust Fund
The Ventura County Electrical Workers Joint Apprentice Trust Fund is dedicated to providing comprehensive training for apprentices and journeymen electricians who are members of local union 952. This nonprofit organization's mission is centered around offering educational services and training programs to help electrical workers advance their skills and expertise in their field. By doing so, it contributes to the development of a skilled workforce in the electrical industry, ensuring that the region's electrical needs are met with proficiency and safety.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Ventura County Electrical Workers Joint Apprentice Trust Fund significantly enhances the skill set and employability of electrical apprentices and journeyman electricians in Ventura County, California. By providing targeted educational services and comprehensive training, it ensures that local union 952 members are well-equipped with the necessary knowledge and hands-on experience to excel in their field. This investment in workforce development promotes higher standards of workmanship, safety, and professionalism in the electrical industry. Additionally, it contributes to the local economy by fostering a highly skilled labor force, which can meet the increasing demand for electrical services in the region. Through its training programs, the Trust Fund not only uplifts individual careers but also bolsters the overall infrastructure and economic vitality of Ventura County.
This information is meant to be a general summary of Ventura County Electrical Workers Joint Apprentice 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 2024.
- Investment Income: $4,765
- Program Service Revenue: $932,718
- Gross Receipts: $1,934,038
Assets and Liabilities:
- Total Assets: $2,786,404
- Total Liabilities: $1,263,631
- Net Assets: $1,522,773
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer contributions
Revenue
$519,975
employer training
Revenue
$236,322
NAVFAC Tuition
Revenue
$24,104
school reimbursement
Revenue
$152,317
Organization Details
Founding Year
1994
Principal Officer
Steven Earhart
NTEE Category
Code: B99Z - Education
If you are a representative of Ventura County Electrical Workers Joint Apprentice Trust Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.