Overview
What is Newark Electrical Joint Apprenticeship Training Committee?
The Newark Electrical Joint Apprenticeship Training Committee is a nonprofit organization situated in Heath, Ohio. Its primary mission is to provide comprehensive education and training for electrical apprentices, journeyworkers, and other suitable individuals affiliated with the International Brotherhood of Electrical Workers Local 1105. This commitment extends to offering programs and activities throughout the current year, with a total workforce of 22 dedicated individuals. The organization's purpose is to equip these trainees with the necessary skills for their respective fields, thereby contributing to the advancement of the electrical industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Newark Electrical Joint Apprenticeship Training Committee has received a high rating of 94%, indicating strong performance in accountability and financial management. This rating reflects a robust commitment to transparency and governance, with the organization scoring a perfect 100% for having an entirely independent board and comprehensive policies in place for conflict of interest, whistleblowing, and document retention.
Financially, the organization demonstrates excellent stability, evidenced by a low liabilities-to-assets ratio of just 0.09%, which indicates a solid financial foundation. Furthermore, the high program expense ratio of 77.41% signifies that a substantial portion of its funds is directed towards its training programs, aligning with its mission of providing quality apprenticeship training in the electrical field.
While the organization excels in financial health and governance, specific program outcomes and impact metrics were not discussed in the provided data, which might be an area for potential improvement in transparency for stakeholders seeking to understand the effectiveness of their programs. Overall, the Newark Electrical Joint Apprenticeship Training Committee stands out as a financially sound and well-governed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Newark Electrical Joint Apprenticeship Training Committee legitimate?
Newark Electrical Joint Apprenticeship Training Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Electrical Joint Apprenticeship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,166
For more financial information, click here
What is the mission statement of Newark Electrical Joint Apprenticeship Training Committee?
The Newark Electrical Joint Apprenticeship Training Committee's mission is centered around providing training. This commitment extends to apprentices, journeyworkers, and other appropriate individuals or groups. Their primary objective is to educate and develop electrical skills, ensuring the continuous growth of their members from the International Brotherhood of Electrical Workers Local 1105. Throughout the year, they offer comprehensive training programs aimed at electrical apprentices, journeyworkers, and other suitable individuals, fostering a skilled workforce in the electrical field.
Who is the CEO of Newark Electrical Joint Apprenticeship Training Committee?
Bill Hamilton is the Executive Bo of Newark Electrical Joint Apprenticeship Training Committee.
What is the revenue of Newark Electrical Joint Apprenticeship Training Committee?
Newark Electrical Joint Apprenticeship Training Committee's revenue in 2022 was $1,664,746.
Who are the executives of Newark Electrical Joint Apprenticeship Training Committee and what are their salaries?
The average compensation at Newark Electrical Joint Apprenticeship Training Committee during 2022 was $16,098. There are 22 employees at Newark Electrical Joint Apprenticeship Training Committee.
Here are 7 key members and their salaries:
- Compensation: $2,291
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Newark Electrical Joint Apprenticeship Training Committee?
Newark Electrical Joint Apprenticeship Training Committee's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newark Electrical Joint Apprenticeship Training Committee
The Newark Electrical Joint Apprenticeship Training Committee is committed to providing training and education for apprentices, journeyworkers, and other suitable individuals within the membership of International Brotherhood of Electrical Workers Local 1105. This nonprofit organization's mission revolves around empowering these individuals through comprehensive training programs, ensuring they acquire the necessary skills to excel in their respective electrical trades. Throughout the current year, the committee focuses on delivering a program that caters to the learning needs of electrical apprentices, journeyworkers, and other appropriate individuals or groups. The ultimate goal is to equip them with the necessary knowledge and skills to excel in their respective fields, thereby contributing positively to their communities and the electrical industry as a whole.
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Impact
October, 2024
The Newark Electrical Joint Apprenticeship Training Committee significantly contributes to the workforce by providing essential training and education for apprentices and journeymen in the electrical field. By focusing on the development of skills and knowledge, it helps ensure that future electricians are well-prepared to meet the demands of the industry.
Located in Heath, Ohio, the Committee serves members of the International Brotherhood of Electrical Workers Local 1105, fostering a culture of learning and professional growth. Through structured training programs, it enhances the expertise of its participants, ultimately benefiting the community and the economy by creating a highly skilled labor force. This initiative not only supports individual career advancement but also strengthens the electrical trade by maintaining high standards of competence and safety.
This information is meant to be a general summary of Newark Electrical Joint Apprenticeship 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$49,974
- Program Service Revenue: $1,457,304
- Gross Receipts: $4,141,082
Assets and Liabilities:
- Total Assets: $2,868,654
- Total Liabilities: $2,826
- Net Assets: $2,865,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$967,097
NORTHWEST STATE COMMUNITY COL
Revenue
$457,829
TRAINING FEES
Revenue
$32,378
Organization Details
Founding Year
1976
Phone
(888) 652-4007Principal Officer
Bill Hamilton
Main Address
450 S 22ND ST, HEATH, OH, 43056
NTEE Category
Code: J22 - Employment
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