Overview
What is Metro Detroit Electrical Industry Training Center Inc?
Metro Detroit Electrical Industry Training Center Inc is a nonprofit organization situated in Madison Heights, Michigan. Its primary mission is to educate electricians and telecom technicians, equipping them with the necessary techniques for electrical construction and telecommunications installations. Through funding, the center has trained around 700 apprentices and upgraded the skills of journey-level electricians through code updates and new methods learning. The center boasts a team of 20 dedicated individuals, contributing to the growth and development of the electrical and telecom industries in the Detroit metropolitan area.
Official website here: www.detroiteitc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% - Four-Star out of Four Star rating.
The Metro Detroit Electrical Industry Training Center Inc has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based entirely on the organization's Accountability & Finance score of 92%. This suggests that the organization effectively manages its resources and maintains transparency in its operations.
Strengths of the organization include a fully independent board, which is vital for governance and oversight. The center has demonstrated strong financial practices, with a commendable program expense ratio of 73.20%, indicating a significant portion of its funds is directed towards its core mission. Additionally, policies such as conflict of interest and whistleblower protections are in place, contributing to its overall accountability.
While the organization shows excellent performance in its financial management and governance, the summary does not highlight any specific limitations or areas for improvement. Overall, the Metro Detroit Electrical Industry Training Center Inc stands out for its commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Metro Detroit Electrical Industry Training Center Inc legitimate?
Metro Detroit Electrical Industry Training Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metro Detroit Electrical Industry Training Center Inc 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: $1,840,350
For more financial information, click here
Official website here: www.detroiteitc.org
What is the mission statement of Metro Detroit Electrical Industry Training Center Inc?
The Metro Detroit Electrical Industry Training Center Inc's mission is centered around educating both apprentice electricians and telecom technicians in the techniques of electrical construction and telecommunications installations. Through this education, the center aims to equip these individuals with the necessary skills to excel in their respective fields. The organization has benefited from funding that enabled the training of approximately 700 apprentices. Additionally, the center offers advanced training for journey-level electricians, focusing on updating codes and adopting new methods.
Official website here: www.detroiteitc.org
Who is the CEO of Metro Detroit Electrical Industry Training Center Inc?
E Craig Young is the Benefits Dir of Metro Detroit Electrical Industry Training Center Inc.
Official website here: www.detroiteitc.org
What is the revenue of Metro Detroit Electrical Industry Training Center Inc?
Metro Detroit Electrical Industry Training Center Inc's revenue in 2023 was $4,423,902.
Official website here: www.detroiteitc.org
Who are the executives of Metro Detroit Electrical Industry Training Center Inc and what are their salaries?
The average compensation at Metro Detroit Electrical Industry Training Center Inc during 2023 was $92,018. There are 20 employees and 6 volunteers at Metro Detroit Electrical Industry Training Center Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $350,000
- Other: $52,839
- Compensation: $130,928
- Related: $0
- Other: $57,975
- Compensation: $132,958
- Related: $0
- Other: $53,530
- Compensation: $120,122
- Related: $0
- Other: $61,491
- Compensation: $121,783
- Related: $0
- Other: $58,027
- Compensation: $119,754
- Related: $0
- Other: $57,271
- Compensation: $1
- Related: $1
- 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
Official website here: www.detroiteitc.org
Where can I find the form 990 for Metro Detroit Electrical Industry Training Center Inc?
Metro Detroit Electrical Industry Training Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.detroiteitc.org
Learn more at the official website: www.detroiteitc.org
Mission Statement of Metro Detroit Electrical Industry Training Center Inc
Metro Detroit Electrical Industry Training Center Inc, as its mission statement suggests, is dedicated to educating both apprentice electricians and telecom technicians in the methods of electrical construction and telecommunications installations. This nonprofit organization aims to equip these individuals with the necessary skills required in their respective fields. The trust providing the funding enabled the training of approximately 700 apprentices, teaching them the fundamental skills essential for an electrician. Furthermore, the center also upgraded the skills of journey-level electricians by incorporating code updates and introducing new methods. The Metro Detroit Electrical Industry Training Center Inc plays a crucial role in the continuous development and advancement of the electrical and telecommunications industries.
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Impact
October, 2024
Metro Detroit Electrical Industry Training Center Inc significantly impacts the local workforce by providing comprehensive education and training for electricians and telecom technicians. By educating approximately 700 apprentices, the center equips new professionals with the essential skills needed for electrical construction and telecommunications installations. Additionally, it actively enhances the capabilities of journeyman electricians by upgrading their skills through training in code updates and modern methods. This dual-focus approach not only fosters a skilled workforce but also contributes to the overall effectiveness and safety of electrical work in the community, ultimately supporting economic growth and employment opportunities in the region.
This information is meant to be a general summary of Metro Detroit Electrical Industry Training Center Inc. 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.
- Program Service Revenue: $4,423,691
- Gross Receipts: $4,423,902
Assets and Liabilities:
- Total Assets: $6,531,865
- Total Liabilities: $112,417
- Net Assets: $6,419,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY OPERATING INCOME
Revenue
$3,490,000
TUITION
Revenue
$745,628
RENTAL INCOME FROM AFFILIATE
Revenue
$99,800
SALE OF BOOKS & TOOLS
Revenue
$38,035
BLENDED LEARNING
Revenue
$28,493
Organization Details
Founding Year
2019
Phone
(586) 575-9200Principal Officer
E Craig Young
Main Address
P O BOX 71337, MADISON HEIGHTS, MI, 480710337
Website
www.detroiteitc.orgNTEE Category
Code: J22 - Employment
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