Overview
What is South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust?
The South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust is a nonprofit organization situated in South Bend, Indiana, specifically at 56365 Peppermint Road. Their primary mission is to offer comprehensive apprenticeship and journeyman training programs to individuals interested in the electrical field. With a team of 29 dedicated employees, this organization strives to equip trainees with the necessary skills and knowledge to excel in their chosen careers.
Official website here: www.jatc153.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust has earned a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization achieved a perfect score in several key areas, including independent board governance and having no material diversion of assets, which reflects its robust operational integrity.
Strengths of the organization include a high program expense ratio of 75.31%, demonstrating a significant commitment to its mission through effective program spending. Additionally, the presence of 100% independent board members and comprehensive financial oversight practices underscore the trustworthiness and transparency of the organization’s governance.
While the organization excels in several financial metrics, it's important for potential donors and stakeholders to continue monitoring its performance over time to ensure sustained effectiveness. Overall, the South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust appears to be well-managed and dedicated to its educational goals.
This AI summary has been generated from information found on Charity Navigator.
Is South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust legitimate?
South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust 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: $138,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $262,686
For more financial information, click here
Official website here: www.jatc153.com
What is the mission statement of South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust?
The South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust is committed to providing both apprenticeship and journeyman training. This mission is aimed at equipping individuals with the necessary skills and knowledge in the electrical field. By offering this training, the trust aims to contribute to the development of a skilled workforce within the industry. The trust's activities are centered around providing a comprehensive and practical learning environment, preparing trainees for successful careers in electrical work. The trust's focus on both apprenticeship and journeyman training ensures a continuous cycle of skill enhancement and knowledge transfer within the electrical field.
Official website here: www.jatc153.com
Who is the CEO of South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust?
Nick Shaffer is the Trustee of South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust.
Official website here: www.jatc153.com
What is the revenue of South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust?
South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust's revenue in 2022 was $866,857.
Official website here: www.jatc153.com
Who are the executives of South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust and what are their salaries?
The average compensation at South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust during 2022 was $13,842. There are 29 employees at South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust.
Here are 12 key members and their salaries:
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- Compensation: $87,673
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- Other: $47,499
Official website here: www.jatc153.com
Where can I find the form 990 for South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust?
South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jatc153.com
Learn more at the official website: www.jatc153.com
Mission Statement of South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust
The South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust is committed to providing both apprenticeship and journeyman training. This nonprofit organization's primary mission is to educate and prepare individuals for careers in the electrical field. By offering comprehensive training programs, South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust equips its trainees with the necessary skills and knowledge to excel in their chosen profession. This mission is crucial in fostering a skilled workforce and ensuring the continuity of the electrical industry. The organization's dedication to apprenticeship and journeyman training not only benefits the individuals involved but also contributes to the overall growth and development of the electrical sector.
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Impact
October, 2024
The South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust plays a significant role in workforce development by providing comprehensive apprenticeship and journeyman training programs in the electrical field. This initiative equips individuals with the necessary skills and knowledge to excel in their careers, enhancing their employability and contributing to a well-trained labor pool in South Bend and surrounding areas.
By focusing on hands-on training and education, the trust fosters a new generation of skilled electricians, addressing local employment needs and supporting economic growth. The programs not only benefit the apprentices but also elevate industry standards and safety practices, ultimately enhancing the quality of electrical services available in the community. The impact is multifaceted, promoting individual career advancement while contributing to the broader economic vitality of the region.
This information is meant to be a general summary of South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust. 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: $16,715
- Program Service Revenue: $815,627
- Gross Receipts: $1,050,193
Assets and Liabilities:
- Total Assets: $1,529,110
- Total Liabilities: $58,790
- Net Assets: $1,470,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$629,691
IVY TECH REIMBURSEMENT
Revenue
$97,916
SALE OF TEXTBOOKS
Revenue
$88,020
Organization Details
Founding Year
1966
Phone
(574) 233-1721Principal Officer
Nick Shaffer
Main Address
56365 PEPPERMINT ROAD, SOUTH BEND, IN, 466194584
Website
www.jatc153.comNTEE Category
Code: J22 - Employment
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