Bay City Electrical Apprenticeship And Training Fund

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

EIN: 386161659 ✦ Bay city, MI ✦ Designated as a 501(c)(5)

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Overview

What is Bay City Electrical Apprenticeship And Training Fund?

Bay City Electrical Apprenticeship and Training Fund is a nonprofit organization situated in Bay City, Michigan. With a team of just two individuals, their primary focus is on educating and training aspiring electricians through an apprenticeship program. This program serves as a comprehensive learning environment, equipping individuals with the necessary skills to embark on a career in electrical work. The organization's mission is to foster the development of skilled electricians, contributing positively to the local workforce and electrical industry.

Is Bay City Electrical Apprenticeship And Training Fund legitimate?

Bay City Electrical Apprenticeship And Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Bay City Electrical Apprenticeship And Training Fund 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: $137,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,861

For more financial information, click here

What is the mission statement of Bay City Electrical Apprenticeship And Training Fund?

The Bay City Electrical Apprenticeship and Training Fund serves as an educational institution, specifically designed to train individuals aspiring to become electricians. Its mission is centered around providing comprehensive education and training for both apprentices and journeymen electricians, aiming to equip them with the necessary skills to excel in their respective careers. The program's ultimate goal is to contribute to the electrical industry by nurturing competent and qualified professionals.

Who is the CEO of Bay City Electrical Apprenticeship And Training Fund?

William Sponseller is the Training Dir of Bay City Electrical Apprenticeship And Training Fund.

What is the revenue of Bay City Electrical Apprenticeship And Training Fund?

Bay City Electrical Apprenticeship And Training Fund's revenue in 2022 was $263,826.

Who are the executives of Bay City Electrical Apprenticeship And Training Fund and what are their salaries?

The average compensation at Bay City Electrical Apprenticeship And Training Fund during 2022 was $104,178. There are 2 employees at Bay City Electrical Apprenticeship And Training Fund.


Here are 7 key members and their salaries:


Stephen Pahl (Training Dir)
  • Compensation: $91,355
  • Related: $0
  • Other: $46,140
Brendan Baranek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Benton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Charney (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Ranck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Shea (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Sponseller (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bay City Electrical Apprenticeship And Training Fund?

Bay City Electrical Apprenticeship And Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bay City Electrical Apprenticeship And Training Fund

Bay City Electrical Apprenticeship and Training Fund is dedicated to serving as an educational institution for individuals aiming to become skilled electricians. Its mission is centered around providing comprehensive training programs for both apprentices and journey-level electricians. The organization's primary objective is to equip individuals with the necessary knowledge and skills to excel in the electrical field, thereby contributing positively to their respective careers and the industry at large.

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Impact




October, 2024

The Bay City Electrical Apprenticeship and Training Fund significantly impacts the local community by providing structured education and training for individuals aspiring to become electricians. Its apprenticeship program serves as a vital pathway for both apprentices and journeymen electricians, equipping them with the skills and knowledge needed to succeed in the electrical trade. This training enhances their employability, ensuring they meet industry standards and can contribute effectively to the workforce.

By fostering a skilled labor pool in Bay City, the program not only supports individual career advancement but also strengthens the local economy. As trained electricians enter the job market, they help address workforce shortages in the electrical field, driving growth and development in various sectors reliant on these essential services. Overall, the Bay City Electrical Apprenticeship and Training Fund plays a crucial role in enhancing employment opportunities and promoting professional excellence in the community.




This information is meant to be a general summary of Bay City Electrical Apprenticeship And Training Fund. 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
$263,826 (2022)
Expenses
$319,920 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,293
  • Program Service Revenue: $260,048
  • Gross Receipts: $263,826

Assets and Liabilities:

  • Total Assets: $325,147
  • Total Liabilities: $53,072
  • Net Assets: $272,075

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Programs

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

CONTRACTOR CONTRIBUTIONS

Revenue

$252,318

PROGRAM SERVICE REVENUE

Revenue

$7,730

Organization Details

Founding Year

1970

Principal Officer

William Sponseller

Main Address

1300 W THOMAS, BAY CITY, MI, 48706

NTEE Category

Code: J22 - Employment

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