Overview
What is Akron Area Electrical Joint Apprenticeship Training Committee?
The Akron Area Electrical Joint Apprenticeship Training Committee is a nonprofit organization situated in Akron, Ohio. Its primary mission is to offer education and training opportunities for union workers, ensuring they remain current on codes and regulations within their respective fields. This commitment to continuous learning enables these workers to maintain their proficiency and adapt to any changes in industry standards. The organization's location at 2650 South Main Street, Akron, OH, 44319 serves as a hub for this vital educational and professional development endeavor.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Akron Area Electrical Joint Apprenticeship Training Committee has achieved an 86% score, reflecting a solid performance in accountability and finance. The organization boasts a fully independent board, with all members meeting the criteria for independence. It has also excelled in financial oversight, demonstrating strong practices in audit and asset management.
With a program expense ratio of 78.23%, the organization clearly prioritizes programmatic spending over administrative costs, indicating a commitment to its training initiatives. Additionally, its liabilities to assets ratio stands at a low 8.07%, which suggests sound financial health and minimal debt relative to its assets.
While the organization has earned a commendable rating, the Three-Star designation indicates there may still be areas for improvement in overall impact and outreach efforts. Stakeholders may want to keep an eye on how effectively the organization communicates its successes and challenges to enhance transparency and engagement with the community.
This AI summary has been generated from information found on Charity Navigator.
Is Akron Area Electrical Joint Apprenticeship Training Committee legitimate?
Akron Area Electrical Joint Apprenticeship Training Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akron Area 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: $116,798
Professional Fundraising Fees: $0
Other Salaries and Wages: $322,961
For more financial information, click here
What is the mission statement of Akron Area Electrical Joint Apprenticeship Training Committee?
The Akron Area Electrical Joint Apprenticeship Training Committee is dedicated to providing education and training for all classes of union workers. This commitment ensures that these workers remain updated on the latest codes and regulations within their field. By offering continuous learning opportunities, the committee aims to equip union workers with the necessary knowledge and skills to excel in their jobs, thereby maintaining industry standards and safety.
Who is the CEO of Akron Area Electrical Joint Apprenticeship Training Committee?
Adam Wright is the Chairman of Akron Area Electrical Joint Apprenticeship Training Committee.
What is the revenue of Akron Area Electrical Joint Apprenticeship Training Committee?
Akron Area Electrical Joint Apprenticeship Training Committee's revenue in 2023 was $1,856,189.
Who are the executives of Akron Area Electrical Joint Apprenticeship Training Committee and what are their salaries?
Here are 7 key members and their salaries:
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- Compensation: $116,798
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Where can I find the form 990 for Akron Area Electrical Joint Apprenticeship Training Committee?
Akron Area Electrical Joint Apprenticeship Training Committee's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Akron Area Electrical Joint Apprenticeship Training Committee
The Akron Area Electrical Joint Apprenticeship Training Committee is committed to providing education and training for all classes of union workers. This nonprofit organization understands the importance of staying updated on codes and regulations in the industry. By offering comprehensive educational programs, it ensures that union workers remain at the forefront of their field, equipped with the latest knowledge and skills. This mission is crucial for maintaining safety standards, improving efficiency, and fostering a competitive workforce. By investing in the continuous learning of its members, the Akron Area Electrical Joint Apprenticeship Training Committee contributes to the overall success of the union workforce and the electrical industry as a whole.
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Impact
October, 2024
The Akron Area Electrical Joint Apprenticeship Training Committee plays a crucial role in the education and training of union workers in the electrical industry. By focusing on current codes and regulations, this organization ensures that its members are well-equipped with the knowledge and skills necessary to meet industry standards and safety protocols. This commitment to ongoing education not only enhances the proficiency of individual workers but also contributes to the overall competency and reliability of the workforce.
In today's rapidly evolving electrical landscape, staying up to date with the latest advancements and regulatory changes is imperative. The training provided by the committee empowers workers to adapt to new technologies and methods, fostering a culture of continuous improvement within the industry. This proactive approach helps to maintain high safety standards, minimizes risks, and protects both workers and the public.
Furthermore, the Akron Area Electrical Joint Apprenticeship Training Committee strengthens the local economy by developing a skilled workforce that meets the demands of employers. By providing targeted training, the committee supports job placement and career advancement for union workers, ultimately contributing to a more stable and prosperous community. The committee's impact is felt not just by the apprentices but by the broader electrical industry and the community at large, making it an invaluable resource for workforce development.
This information is meant to be a general summary of Akron Area 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 2023.
- Investment Income: $13,640
- Program Service Revenue: $1,789,866
- Gross Receipts: $1,856,189
Assets and Liabilities:
- Total Assets: $3,301,072
- Total Liabilities: $266,714
- Net Assets: $3,034,358
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICAL INDUSTRY FU
Revenue
$991,940
INTRUCTIONAL AND FACILITY
Revenue
$654,523
STUDENT SALES
Revenue
$143,403
Organization Details
Founding Year
1974
Phone
(330) 644-4286Principal Officer
Adam Wright
Main Address
2650 SOUTH MAIN STREET, AKRON, OH, 443191883
NTEE Category
Code: B30 - Education
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