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Toledo Electrical Joint Apprenticeship Training & Trust Fd

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

EIN: 341202670 ✦ Rossford, OH ✦ Designated as a 501(c)(3)

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Overview

What is Toledo Electrical Joint Apprenticeship Training & Trust Fd?

Toledo Electrical Joint Apprenticeship Training & Trust Fd is a nonprofit organization situated in Rossford, Ohio, specifically at 803 Lime City Road. Its primary mission is to provide a well-educated and skilled workforce for the electrical construction industry. This is achieved through a collaborative labor-management education program, which combines on-the-job training under supervision of qualified journeypersons and related technical classroom instruction. The organization's aim is to help workers develop complex skills, knowledge, and abilities required to secure high-paying, prestigious jobs in the electrical construction sector. With a workforce of 57 individuals, Toledo Electrical Joint Apprenticeship Training & Trust Fd plays a crucial role in nurturing talent in the industry.


Official website here: www.tejatc.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Toledo Electrical Joint Apprenticeship Training & Trust Fund has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity’s score is based entirely on a high accountability and finance score of 96%, which indicates robust fiscal management and transparency.

The organization excels in several key areas, including having an independent board with 100% independent members and a solid structure for oversight, as evidenced by their audit and oversight committee. Additionally, they demonstrate low liabilities relative to assets and a high program expense ratio of 88.78%, indicating that a significant portion of their funds is directed towards their programs rather than administrative costs.

There are no noted limitations or areas of concern regarding their financial practices, which enhances their reputation as a well-managed nonprofit. Overall, Toledo Electrical Joint Apprenticeship Training & Trust Fund stands out for its commitment to accountability, making it a reliable choice for potential donors and supporters.


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

Is Toledo Electrical Joint Apprenticeship Training & Trust Fd legitimate?

Toledo Electrical Joint Apprenticeship Training & Trust Fd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toledo Electrical Joint Apprenticeship Training & Trust Fd 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: $293,714
Professional Fundraising Fees: $0
Other Salaries and Wages: $551,629

For more financial information, click here


Official website here: www.tejatc.org

What is the mission statement of Toledo Electrical Joint Apprenticeship Training & Trust Fd?

The Toledo Electrical Joint Apprenticeship Training & Trust Fund's mission is to establish an educated and proficient workforce through a collaborative labor-management education program. This initiative aims to assist workers in developing intricate skills, knowledge, and abilities essential for retaining high-paying, prestigious positions in the electrical construction industry. The organization achieves this by providing on-the-job training under the supervision of qualified journeyworkers and delivering related technical classroom instruction.


Official website here: www.tejatc.org

Who is the CEO of Toledo Electrical Joint Apprenticeship Training & Trust Fd?

Glenn Rettig is the Training Dir of Toledo Electrical Joint Apprenticeship Training & Trust Fd.


Official website here: www.tejatc.org

What is the revenue of Toledo Electrical Joint Apprenticeship Training & Trust Fd?

Toledo Electrical Joint Apprenticeship Training & Trust Fd's revenue in 2022 was $5,479,236.


Official website here: www.tejatc.org

Who are the executives of Toledo Electrical Joint Apprenticeship Training & Trust Fd and what are their salaries?

The average compensation at Toledo Electrical Joint Apprenticeship Training & Trust Fd during 2022 was $14,831. There are 57 employees at Toledo Electrical Joint Apprenticeship Training & Trust Fd.


Here are 9 key members and their salaries:


Glenn Rettig (Training Dir)
  • Compensation: $90,479
  • Related: $0
  • Other: $35,142
Scott T Korczynski (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Lhostetler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel L Bollin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Deaton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Abernathy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Enright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricio Covarrubias (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricio Covarrubias Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tejatc.org

Where can I find the form 990 for Toledo Electrical Joint Apprenticeship Training & Trust Fd?

Toledo Electrical Joint Apprenticeship Training & Trust Fd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tejatc.org

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

Mission Statement of Toledo Electrical Joint Apprenticeship Training & Trust Fd

The Toledo Electrical Joint Apprenticeship Training & Trust Fund is dedicated to providing a well-educated and proficient workforce for the electrical construction industry. Through a collaborative labor-management education program, this organization aims to equip workers with complex skills, knowledge, and abilities necessary to secure highly paid and prestigious jobs in this sector. By offering a combination of on-the-job training supervised by qualified journeyworkers and related technical classroom instruction, Toledo Electrical Joint Apprenticeship Training & Trust Fund ensures that its trainees gain a comprehensive understanding of the electrical construction industry, thereby enhancing their employability and career prospects.

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Impact




October, 2024

Toledo Electrical Joint Apprenticeship Training & Trust Fund significantly impacts the local workforce by equipping individuals with the education and hands-on experience necessary for successful careers in the electrical construction industry. Through a cooperative labor-management education program, it offers a structured approach to training that emphasizes both technical classroom instruction and diverse on-the-job training, overseen by experienced journeypersons.

By fostering the development of complex skills, knowledge, and abilities, the program prepares workers to secure high-paying, prestigious jobs, thereby enhancing their economic stability and contributing to the regional economy. This approach not only elevates the standard of work within the industry but also ensures that employers have access to a skilled and capable workforce, ultimately benefiting the community as a whole. The emphasis on education and training helps to create a culture of continuous improvement and professionalism, setting a benchmark for quality and excellence within the electrical sector.




This information is meant to be a general summary of Toledo Electrical Joint Apprenticeship Training & Trust Fd. 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
$5,479,236 (2022)
Expenses
$4,655,911 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $25,258
  • Program Service Revenue: $5,391,358
  • Gross Receipts: $5,479,236

Assets and Liabilities:

  • Total Assets: $10,809,393
  • Total Liabilities: $13,448
  • Net Assets: $10,795,945

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Programs

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

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$3,615,241

CONTRACT TRAINING

Revenue

$1,393,866

TUITION & BOOKS

Revenue

$373,016

TOOLS & SALES

Revenue

$9,235

Organization Details

Founding Year

1939

Principal Officer

Glenn Rettig

Main Address

803 LIME CITY ROAD, ROSSFORD, OH, 43460

NTEE Category

Code: B30 - Education

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