Janesville-Beloit Electrical Construction Industry Trust

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

EIN: 391096844 ✦ Madison, WI ✦ Designated as a 501(c)(5)

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Overview

What is Janesville-Beloit Electrical Construction Industry Trust?

The Janesville-Beloit Electrical Construction Industry Trust is a nonprofit organization situated in Madison, Wisconsin. Its primary role is to support and facilitate the education and training of apprentice and journeyworker electricians, as well as other electrician classifications, within the region covered by the collective bargaining agreement between IBEW Local. The trust offers various programs aimed at enhancing the skills and knowledge of its participants, ensuring they remain up-to-date with industry standards and advancements. By doing so, the Janesville-Beloit Electrical Construction Industry Trust contributes to the development of a skilled and competent workforce in the electrical construction industry.

Is Janesville-Beloit Electrical Construction Industry Trust legitimate?

Janesville-Beloit Electrical Construction Industry Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Janesville-Beloit Electrical Construction Industry Trust submitted a form 990EZ, 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.

What is the mission statement of Janesville-Beloit Electrical Construction Industry Trust?

The Janesville-Beloit Electrical Construction Industry Trust is committed to supporting educational and training programs for apprentice electricians and journeyworker electricians, falling under the collective bargaining agreement between IBEW Local. The primary objective of the trust is to provide educational resources and training opportunities for various electrician classifications covered by the agreement. By doing so, it aims to equip and empower individuals in this field, ensuring they have the necessary skills to excel in their careers.

Who is the CEO of Janesville-Beloit Electrical Construction Industry Trust?

Steve Foley is the Secretary of Janesville-Beloit Electrical Construction Industry Trust.

What is the revenue of Janesville-Beloit Electrical Construction Industry Trust?

Janesville-Beloit Electrical Construction Industry Trust's revenue in 2022 was $180,019.

Who are the executives of Janesville-Beloit Electrical Construction Industry Trust and what are their salaries?


Here are 6 key members and their salaries:


Leo Sokolik (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Foley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Roethel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Sutter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Myers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Trappe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Janesville-Beloit Electrical Construction Industry Trust?

Janesville-Beloit Electrical Construction Industry Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Janesville-Beloit Electrical Construction Industry Trust

The Janesville-Beloit Electrical Construction Industry Trust is dedicated to supporting educational and training programs for apprentice electricians and journeyworker electricians in the relevant collective bargaining agreement area. This nonprofit organization provides various educational opportunities for participants, apprentices, journeyworker electricians, and all other electrician classifications covered by the agreement. The mission of the Janesville-Beloit Electrical Construction Industry Trust is centered around empowering these individuals with the necessary skills and knowledge to excel in their field, ultimately contributing to the electrical construction industry's growth and development.

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Impact




October, 2024

The Janesville-Beloit Electrical Construction Industry Trust significantly impacts the electrical construction workforce by enhancing the skills and knowledge of both apprentice and journeyworker electricians. By providing comprehensive training and educational programs, it ensures that electricians in the region are well-equipped to meet industry standards and adapt to evolving technologies.

The trust’s focus on education fosters a skilled labor pool that not only benefits individual electricians through career advancement opportunities but also positively influences the broader electrical construction industry. By maintaining a high level of competency among workers, the trust enhances project quality and safety within the community.

Moreover, the trust’s commitment to continuous learning supports the growth and adaptability of the electrical workforce in an ever-changing economic landscape. This investment in human capital contributes to the stability and success of projects in the area, ultimately supporting local employment and economic development. Through its targeted programs, the trust plays a pivotal role in shaping the future of electrical construction in the Janesville-Beloit region.




This information is meant to be a general summary of Janesville-Beloit Electrical Construction Industry 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.

Revenue
$180,019 (2022)
Expenses
$142,581 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $958
  • Program Service Revenue: $179,061
  • Gross Receipts: $180,019

Assets and Liabilities:

  • Total Assets: $335,526
  • Total Liabilities: $0
  • Net Assets: $335,526

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Organization Details

Principal Officer

Steve Foley

Main Address

2730 DAIRY DR 102, MADISON, WI, 537186882

NTEE Category

Code: J22 - Employment

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