Terre Haute Electrical Jatc

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

EIN: 237120596 ✦ Terre haute, IN ✦ Designated as a 501(c)(3)

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Overview

What is Terre Haute Electrical Jatc?

Terre Haute Electrical Jatc is a nonprofit organization located at 950 Ohio Street, Terre Haute, IN 47807. Their primary mission is to provide educational and training programs for electrical apprentices, journey-level electricians, and other relevant individuals affiliated with the National Electrical Contractors Association and the International Brotherhood of Electrical Workers' local union. The organization aims to equip these individuals with the necessary skills through comprehensive training, thereby contributing to the electrical industry's development and growth within the region. With a workforce of 15 individuals, Terre Haute Electrical Jatc remains committed to fostering professional growth and advancement in the electrical field.


Official website here: www.thejatc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

Terre Haute Electrical Jatc has received an overall score of 84%, which translates to a Three-Star rating primarily based on its Accountability & Finance performance. This score is encouraging, particularly as it reflects a strong commitment to financial oversight and transparency. The organization boasts an entirely independent board and has demonstrated robust financial health, with a low liabilities to assets ratio of 0.27%.

The nonprofit excels in several areas of accountability, including a well-structured audit and oversight committee, and policies in place for conflict of interest and whistleblowing. However, its program expense ratio is at 60.60%, indicating that while a significant portion of its funds is directed toward programs, there is room for improvement in maximizing programmatic spending relative to total expenses.

Overall, Terre Haute Electrical Jatc shows a solid foundation in governance and financial management. While the strengths noted in its accountability measures are commendable, stakeholders may want to look for enhancements in its program expense ratio to ensure that more resources are allocated directly to its mission-focused activities.


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

Is Terre Haute Electrical Jatc legitimate?

Terre Haute Electrical Jatc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terre Haute Electrical Jatc 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: $115,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,470

For more financial information, click here


Official website here: www.thejatc.org

What is the mission statement of Terre Haute Electrical Jatc?

The Terre Haute Electrical Jatc's mission is centered around providing training for apprentices. Specifically, it serves the chapter of the National Electrical Contractors Association and the local union of the International Brotherhood of Electrical Workers. The organization's primary goal is to support educational and training programs for electrical apprentices, journeymen, and other suitable individuals within these associations. This mission aims to equip these individuals with the necessary skills to excel in their electrical careers. The Terre Haute Electrical Jatc plays a crucial role in fostering the growth and development of electrical professionals, contributing to the industry's overall success.


Official website here: www.thejatc.org

Who is the CEO of Terre Haute Electrical Jatc?

Ryan Hughes is the Trustee of Terre Haute Electrical Jatc.


Official website here: www.thejatc.org

What is the revenue of Terre Haute Electrical Jatc?

Terre Haute Electrical Jatc's revenue in 2023 was $1,074,428.


Official website here: www.thejatc.org

Who are the executives of Terre Haute Electrical Jatc and what are their salaries?

The average compensation at Terre Haute Electrical Jatc during 2023 was $22,819. There are 15 employees at Terre Haute Electrical Jatc.


Here are 7 key members and their salaries:


Michael Buell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Webb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Runyan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Tully (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Stewart (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Murphy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Hughes (Training Director)
  • Compensation: $115,752
  • Related: $0
  • Other: $57,310


Official website here: www.thejatc.org

Where can I find the form 990 for Terre Haute Electrical Jatc?

Terre Haute Electrical Jatc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thejatc.org

Learn more at the official website: www.thejatc.org

Mission Statement of Terre Haute Electrical Jatc

Terre Haute Electrical Jatc, a notable organization, is dedicated to providing educational and training programs for apprentices. Its mission encompasses supporting the chapter of the National Electrical Contractors Association and the local union of the International Brotherhood of Electrical Workers. This nonprofit organization aims to equip electrical apprentices, journeymen, and other suitable individuals with the necessary skills and knowledge required for their respective roles within these associations. Through its training programs, Terre Haute Electrical Jatc contributes to the development of a skilled workforce in the electrical industry.

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Impact




October, 2024

Terre Haute Electrical JATC plays a crucial role in shaping the future of the electrical workforce in the region. By providing comprehensive training programs for apprentices, journeymen, and other electrical professionals, it ensures that individuals gain the necessary skills and knowledge to excel in the industry. This training supports both the local chapter of the National Electrical Contractors Association and the International Brotherhood of Electrical Workers, fortifying the labor force with competent and well-trained electricians.

The impact of Terre Haute Electrical JATC extends beyond providing technical skills; it enhances employment opportunities in the community, helps sustain local businesses by ensuring a skilled workforce, and contributes to the overall economic development of the area. By investing in the next generation of electricians, the program fosters a culture of professionalism and safety within the electrical industry, benefiting both employers and consumers alike.




This information is meant to be a general summary of Terre Haute Electrical Jatc. 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
$1,074,428 (2023)
Expenses
$1,091,813 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$38,136
  • Program Service Revenue: $1,112,564
  • Gross Receipts: $1,951,553

Assets and Liabilities:

  • Total Assets: $1,803,230
  • Total Liabilities: $5,048
  • Net Assets: $1,798,182

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$669,535

IVY TECH REIMBURSEMENT

Revenue

$345,456

CLASS FEES/REIMBURSEME

Revenue

$97,573

Organization Details

Founding Year

1977

Principal Officer

Ryan Hughes

Main Address

950 OHIO STREET, TERRE HAUTE, IN, 47807

NTEE Category

Code: J22 - Employment

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