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Cedar Rapids Electrical Apprenticeship Training And Educational Trust

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

EIN: 426603775 ✦ Cedar rapids, IA ✦ Designated as a 501(c)(3)

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Overview

What is Cedar Rapids Electrical Apprenticeship Training And Educational Trust?

The Cedar Rapids Electrical Apprenticeship Training and Educational Trust is a nonprofit organization situated in Cedar Rapids, Iowa, specifically at 2300 Johnson Avenue NW, 52405. Its primary mission is to provide comprehensive education and training for aspiring apprentices and journey-level electricians residing in eastern Iowa. With a workforce of eleven dedicated individuals, the trust aims to equip these professionals with the necessary skills to excel in the electrical industry.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating. This high rating reflects the organization's strong performance in accountability and finance, which is crucial for ensuring that donations are used effectively and efficiently.

The Cedar Rapids Electrical Apprenticeship Training And Educational Trust demonstrates exceptional governance practices, with a fully independent board and robust policies for conflict of interest, whistleblowing, and document retention. The financial health of the organization is also commendable, showcasing a low liabilities-to-assets ratio and a significant portion of expenses directed towards programs, indicating a strong commitment to its mission.

No significant limitations were noted in the data, indicating that the organization maintains a solid operational foundation. Overall, this nonprofit stands out for its transparency and financial responsibility, making it a trustworthy choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Cedar Rapids Electrical Apprenticeship Training And Educational Trust legitimate?

Cedar Rapids Electrical Apprenticeship Training And Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Rapids Electrical Apprenticeship Training And Educational 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: $80,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $453,240

For more financial information, click here

What is the mission statement of Cedar Rapids Electrical Apprenticeship Training And Educational Trust?

The Cedar Rapids Electrical Apprenticeship Training and Educational Trust is committed to providing training and education for apprentices and journeymen electricians in their field. Their mission is centered around equipping these professionals with the necessary skills and knowledge to excel in their careers, thereby contributing to the electrical industry's growth and development. The trust's activities primarily focus on delivering comprehensive educational programs that cater to the unique needs of electrical apprentices and journeymen, enabling them to navigate their careers effectively.

Who is the CEO of Cedar Rapids Electrical Apprenticeship Training And Educational Trust?

Jeff Cooling is the Trustee of Cedar Rapids Electrical Apprenticeship Training And Educational Trust.

What is the revenue of Cedar Rapids Electrical Apprenticeship Training And Educational Trust?

Cedar Rapids Electrical Apprenticeship Training And Educational Trust's revenue in 2023 was $1,252,597.

Who are the executives of Cedar Rapids Electrical Apprenticeship Training And Educational Trust and what are their salaries?

The average compensation at Cedar Rapids Electrical Apprenticeship Training And Educational Trust during 2023 was $48,536. There are 11 employees at Cedar Rapids Electrical Apprenticeship Training And Educational Trust.


Here are 7 key members and their salaries:


Jebediah Novak (Director)
  • Compensation: $95,119
  • Related: $0
  • Other: $0
Jeff Cooling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Isbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Henry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Fafselius (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Resor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Shaver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cedar Rapids Electrical Apprenticeship Training And Educational Trust?

Cedar Rapids Electrical Apprenticeship Training And Educational Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cedar Rapids Electrical Apprenticeship Training And Educational Trust

Cedar Rapids Electrical Apprenticeship Training and Educational Trust is committed to providing educational and training opportunities for apprentices and journeymen electricians in the eastern Iowa region. This nonprofit organization's mission is centered around equipping these individuals with the necessary skills and knowledge to excel in their respective fields within the electrical industry. By offering comprehensive training programs, Cedar Rapids Electrical Apprenticeship Training and Educational Trust aims to contribute to the development of a skilled workforce, thereby fostering growth and progress in the local electrical sector.

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Impact




July, 2024

The Cedar Rapids Electrical Apprenticeship Training And Educational Trust has significantly impacted the electrical industry in Eastern Iowa by providing high-quality training and education to apprentices and journeyman electricians. Through its programs, individuals have been equipped with the knowledge and skills necessary to excel in their careers, contributing to a highly skilled and competent workforce in the region. This has not only benefited the individuals directly involved but has also had a positive ripple effect on the overall standards of electrical work in the area, enhancing safety, efficiency, and quality of electrical projects. Additionally, the trust has helped meet the growing demand for well-trained electricians, fostering economic growth and development in the community.




This information is meant to be a general summary of Cedar Rapids Electrical Apprenticeship Training And Educational 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
$1,252,597 (2023)
Expenses
$1,042,014 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,735
  • Program Service Revenue: $79,336
  • Gross Receipts: $1,252,597

Assets and Liabilities:

  • Total Assets: $3,027,610
  • Total Liabilities: $5,384
  • Net Assets: $3,022,226

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Programs

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

IA ECONOMIC DEV AUTHORITY

Revenue

$79,336

Organization Details

Founding Year

2000

Principal Officer

Jeff Cooling

Main Address

2300 JOHNSON AVENUE NW, CEDAR RAPIDS, IA, 52405

NTEE Category

Code: B30 - Education

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