Overview
What is Des Moines Electrical Apprenticeship Training Trust?
Des Moines Electrical Apprenticeship Training Trust is a nonprofit organization situated in Urbana, Iowa. Its primary objective is to educate and train electrical apprentices and journeymen, falling under the jurisdiction of a collective bargaining agreement between the International Brotherhood of Electrical Workers (Union) and the Des Moines Division, Iowa Chapter, National Electrical Contractors Association, Inc. (Employer). The Trust employs licensed electrician instructors, offering a comprehensive five-year apprentice training program and additional journeyman training classes. The organization is funded through contributions from the Employer and Union as outlined in their current agreement, aiming to equip the electrical industry with a highly skilled and professionally trained workforce.
Official website here: www.dmelejatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Des Moines Electrical Apprenticeship Training Trust has achieved a remarkable Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. This score reflects the organization's strong commitment to transparency and ethical management, with a perfect score in all assessed areas of accountability and finance. Their fiscal integrity is underlined by the absence of any material diversion of assets and solid financial oversight.
The organization boasts an entirely independent board of directors, which contributes to its robust governance structure. With a well-defined conflict of interest policy, whistleblower policy, and a clear process for document retention and destruction, the Des Moines Electrical Apprenticeship Training Trust exhibits a strong framework for ethical operation. Additionally, their impressive program expense ratio of 74.06% indicates that a significant portion of their funding is directed towards their mission-related activities.
While the organization demonstrates commendable strengths in governance and financial management, user feedback is not available to provide insights into its community impact or participant experiences. Overall, the Des Moines Electrical Apprenticeship Training Trust stands out as a responsible and effective nonprofit in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Des Moines Electrical Apprenticeship Training Trust legitimate?
Des Moines Electrical Apprenticeship Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Des Moines Electrical 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: $105,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $652,257
For more financial information, click here
Official website here: www.dmelejatc.org
What is the mission statement of Des Moines Electrical Apprenticeship Training Trust?
The Des Moines Electrical Apprenticeship Training Trust's primary mission is to educate members of the International Brotherhood of Electrical Workers and the National Electrical Contractors Association. The goal is to create a workforce that is both professionally trained and highly skilled in the electrical industry. The Trust achieves this by employing licensed electrician instructors who provide training and education to apprentices and journeyman electricians. They operate a five-year apprentice training program and offer additional journeyman training classes as necessary. The Trust's mission is essential in ensuring the electrical industry has a well-equipped workforce with up-to-date knowledge of electrical codes and safety information.
Official website here: www.dmelejatc.org
Who is the CEO of Des Moines Electrical Apprenticeship Training Trust?
Michael Duffy is the Chairman of Des Moines Electrical Apprenticeship Training Trust.
Official website here: www.dmelejatc.org
What is the revenue of Des Moines Electrical Apprenticeship Training Trust?
Des Moines Electrical Apprenticeship Training Trust's revenue in 2023 was $3,283,120.
Official website here: www.dmelejatc.org
Who are the executives of Des Moines Electrical Apprenticeship Training Trust and what are their salaries?
The average compensation at Des Moines Electrical Apprenticeship Training Trust during 2023 was $84,142. There are 9 employees and 8 volunteers at Des Moines Electrical Apprenticeship Training Trust.
Here are 9 key members and their salaries:
- Compensation: $106,631
- Related: $0
- Other: $38,287
- Compensation: $0
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- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dmelejatc.org
Where can I find the form 990 for Des Moines Electrical Apprenticeship Training Trust?
Des Moines Electrical Apprenticeship Training Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dmelejatc.org
Learn more at the official website: www.dmelejatc.org
Mission Statement of Des Moines Electrical Apprenticeship Training Trust
The Des Moines Electrical Apprenticeship Training Trust is dedicated to furthering the education and skill development of individuals affiliated with the International Brotherhood of Electrical Workers and the National Electrical Contractors Association. This organization's primary objective is to ensure that the electrical industry is staffed by a workforce that is both professionally trained and highly skilled. To achieve this, the Trust employs licensed electrician instructors who provide comprehensive training and education to apprentice students and journeyman electricians, utilizing various class structures. The Trust's training program spans a period of five years, while supplementary journeyman training classes are offered as needed to keep electricians up-to-date with the latest industry codes and safety information. By investing in the education and skill development of its members, the Des Moines Electrical Apprenticeship Training Trust is instrumental in maintaining a highly capable and knowledgeable workforce within the electrical industry.
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Impact
July, 2024
The Des Moines Electrical Apprenticeship Training Trust plays a crucial role in educating and training members of the electrical industry, specifically those within the International Brotherhood of Electrical Workers and National Electrical Contractors Association. By offering a structured five-year apprentice training program and providing ongoing journeyman training classes, the Trust ensures that electricians receive the necessary skills and knowledge to excel in their profession. This focus on professional development and skill enhancement contributes to maintaining a highly skilled and proficient workforce within the electrical industry. Ultimately, the impact of the Trust extends beyond individual electricians to benefit the industry as a whole by fostering a culture of continuous learning and expertise.
This information is meant to be a general summary of Des Moines Electrical 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 2023.
- Investment Income: $140,925
- Program Service Revenue: $2,898,337
- Gross Receipts: $3,566,467
Assets and Liabilities:
- Total Assets: $15,188,746
- Total Liabilities: $63,556
- Net Assets: $15,125,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING SUPPORT & FEES
Revenue
$2,898,337
Organization Details
Founding Year
2013
Phone
(515) 224-4349Principal Officer
Michael Duffy
Main Address
10700 JUSTIN DRIVE, URBANDALE, IA, 50322
Website
www.dmelejatc.orgNTEE Category
Code: B99 - Education
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