Overview
What is Quad City Electrical Joint Apprenticeship & Training Program?
The Quad City Electrical Joint Apprenticeship & Training Program is a nonprofit organization situated in Moline, Illinois. With a focus on education and training, it specifically caters to apprentices and journeymen in the electrical contracting industry. This collective bargain initiative, functioning as a multi-employer plan, aims to provide comprehensive electrical training in the eastern Iowa and western Illinois regions. With a dedicated workforce of 28 individuals, the program administers an apprenticeship program that plays a vital role in the electrical contracting industry.
Official website here: www.knowwatt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74% (Two-Star out of Four Star rating)
The Quad City Electrical Joint Apprenticeship & Training Program has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial performance. The organization excels in governance, with 100% independent board members and a strong policy framework, including conflict of interest and whistleblower policies, suggesting a commitment to ethical practices.
However, the program expense ratio is notably low at 52.39%, which may raise concerns about how much of its resources are allocated directly to programs versus administrative costs. Although the organization has no material diversion of assets and maintains a healthy liabilities to assets ratio of 2.58%, the low program expense ratio could suggest inefficiencies in delivering its mission effectively.
Overall, while the Quad City Electrical Joint Apprenticeship & Training Program demonstrates strong governance and accountability, stakeholders may want to consider its program expense efficiency and focus on improving its allocation towards direct services to enhance its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Quad City Electrical Joint Apprenticeship & Training Program legitimate?
Quad City Electrical Joint Apprenticeship & Training Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quad City Electrical Joint Apprenticeship & Training Program 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: $120,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $194,205
For more financial information, click here
Official website here: www.knowwatt.org
What is the mission statement of Quad City Electrical Joint Apprenticeship & Training Program?
The Quad City Electrical Joint Apprenticeship & Training Program is committed to providing electrical training for both apprentices and journeymen within the electrical contracting industry. This is a collectively bargained multi-employer plan, aimed at empowering individuals in the field of electrical work. The organization's primary goal is to offer comprehensive education and training, fostering the development of skilled electricians in the eastern Iowa and western Illinois regions.
Official website here: www.knowwatt.org
Who is the CEO of Quad City Electrical Joint Apprenticeship & Training Program?
Terry Van Hook is the Training Dir of Quad City Electrical Joint Apprenticeship & Training Program.
Official website here: www.knowwatt.org
What is the revenue of Quad City Electrical Joint Apprenticeship & Training Program?
Quad City Electrical Joint Apprenticeship & Training Program's revenue in 2022 was $882,150.
Official website here: www.knowwatt.org
Who are the executives of Quad City Electrical Joint Apprenticeship & Training Program and what are their salaries?
The average compensation at Quad City Electrical Joint Apprenticeship & Training Program during 2022 was $11,228. There are 28 employees at Quad City Electrical Joint Apprenticeship & Training Program.
Here are 9 key members and their salaries:
- Compensation: $61,258
- Related: $0
- Other: $33,819
- Compensation: $12,102
- Related: $0
- Other: $12,987
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.knowwatt.org
Where can I find the form 990 for Quad City Electrical Joint Apprenticeship & Training Program?
Quad City Electrical Joint Apprenticeship & Training Program's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.knowwatt.org
Learn more at the official website: www.knowwatt.org
Mission Statement of Quad City Electrical Joint Apprenticeship & Training Program
The Quad City Electrical Joint Apprenticeship & Training Program, in essence, serves as a platform for collective bargaining within the electrical contracting industry. Its primary mission is to provide comprehensive electrical training for apprentices and journeyworkers in the eastern Iowa and western Illinois regions. This program, being a multi-employer plan, ensures that individuals in this field receive a well-rounded education, thereby contributing to the overall growth and development of the electrical industry.
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Impact
October, 2024
The Quad City Electrical Joint Apprenticeship & Training Program significantly impacts the electrical contracting industry by providing structured training and education for both apprentices and journeymen electricians. Operating in Moline, IL, and serving eastern Iowa and western Illinois, the program enhances workforce skills and safety standards by equipping participants with practical knowledge and technical expertise.
Through its collectively bargained multiemployer plan, the program ensures that trainees receive high-quality education tailored to the current needs of the industry. This initiative not only fosters professional development but also helps to address labor shortages in the electrical field, contributing to a more skilled and capable workforce. By promoting safety and proficiency, the program positively influences the overall quality of electrical work in the region, ultimately benefiting both employers and clients.
This information is meant to be a general summary of Quad City Electrical Joint Apprenticeship & Training Program. 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: $40,797
- Program Service Revenue: $795,944
- Gross Receipts: $882,150
Assets and Liabilities:
- Total Assets: $1,563,764
- Total Liabilities: $25,574
- Net Assets: $1,538,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$711,941
BOOK AND FEE INCOME
Revenue
$76,838
APPLICATION FEES
Revenue
$7,165
Organization Details
Founding Year
1984
Phone
(309) 762-3270Principal Officer
Terry Van Hook
Main Address
1700 - 52ND AVENUE STE C, MOLINE, IL, 61265
Website
www.knowwatt.orgNTEE Category
Code: B90 - Education
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