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Waterloo Joint Apprenticeship Training Trust

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

EIN: 462897706 ✦ Waterloo, IA ✦ Designated as a 501(c)(3)

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Overview

What is Waterloo Joint Apprenticeship Training Trust?

Waterloo Joint Apprenticeship Training Trust is a local nonprofit organization situated in Waterloo, Iowa. With just two employees, this organization is committed to providing specialized training services for apprentices and journey-level electricians within the electrical contracting sector in the Waterloo region. Their primary mission is to oversee and manage the apprenticeship and training programs for this industry, aiming to equip individuals with the necessary skills needed to excel in their respective careers.


Official website here: www.waterlooelectricaljatc.org

Is Waterloo Joint Apprenticeship Training Trust legitimate?

Waterloo Joint Apprenticeship Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterloo Joint 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: $27,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,884

For more financial information, click here


Official website here: www.waterlooelectricaljatc.org

What is the mission statement of Waterloo Joint Apprenticeship Training Trust?

The Waterloo Joint Apprenticeship Training Trust is dedicated to overseeing the apprenticeship and training programs within the electrical contracting industry. Their primary objective is to provide educational opportunities for both apprentices and journey-level electricians. The trust's mission is to contribute to the development and advancement of skilled electricians, ultimately benefiting the industry as a whole. They offer comprehensive training services to ensure the electrical contracting industry in the Waterloo area of Iowa maintains a high level of competence and expertise.


Official website here: www.waterlooelectricaljatc.org

Who is the CEO of Waterloo Joint Apprenticeship Training Trust?

Chris Wells is the Training Dir of Waterloo Joint Apprenticeship Training Trust.


Official website here: www.waterlooelectricaljatc.org

What is the revenue of Waterloo Joint Apprenticeship Training Trust?

Waterloo Joint Apprenticeship Training Trust's revenue in 2023 was $285,588.


Official website here: www.waterlooelectricaljatc.org

Who are the executives of Waterloo Joint Apprenticeship Training Trust and what are their salaries?

The average compensation at Waterloo Joint Apprenticeship Training Trust during 2023 was $14,916. There are 2 employees at Waterloo Joint Apprenticeship Training Trust.


Here are 9 key members and their salaries:


Christina Henzen (Training Dir)
  • Compensation: $21,635
  • Related: $0
  • Other: $794
Tom Adamson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Determan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Follmuth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Kacher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Kozlovskyi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Northness (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Reiter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wells (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.waterlooelectricaljatc.org

Where can I find the form 990 for Waterloo Joint Apprenticeship Training Trust?

Waterloo Joint Apprenticeship Training Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.waterlooelectricaljatc.org

Learn more at the official website: www.waterlooelectricaljatc.org

Mission Statement of Waterloo Joint Apprenticeship Training Trust

The Waterloo Joint Apprenticeship Training Trust is dedicated to overseeing the apprenticeship and training programs within the electrical contracting industry in a specific area, namely Waterloo, Iowa. This nonprofit organization's primary mission is to administer and manage these educational initiatives, ensuring that both apprentices and journey-level electricians receive the necessary training to excel in their respective fields. The Trust's activities focus on providing high-quality training services, thereby equipping these individuals with the required skills to thrive in the electrical contracting industry.

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Impact




October, 2024

Waterloo Joint Apprenticeship Training Trust plays a crucial role in enhancing the workforce within the electrical contracting industry in the Waterloo area of Iowa. By administering comprehensive apprenticeship and training programs, it equips apprentices and journeymen electricians with the skills and knowledge needed to succeed in a rapidly evolving field.

This impact manifests in several ways. First, it ensures that local electrical contractors have access to a well-trained workforce, fostering higher standards of safety and efficiency in electrical work. Second, by providing structured training, the Trust promotes career development and opportunities for individuals entering the field, which can lead to improved job retention and advancement.

Moreover, the presence of such programs contributes positively to the local economy by enhancing the skill set of potential employees, making them more competitive in the job market, and supporting the growth of the electrical contracting industry. Overall, the Waterloo Joint Apprenticeship Training Trust strengthens both individual careers and the community’s economic landscape through focused education and training initiatives.




This information is meant to be a general summary of Waterloo Joint 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.

Revenue
$285,588 (2023)
Expenses
$216,510 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $5,684
  • Program Service Revenue: $268,312
  • Gross Receipts: $285,588

Assets and Liabilities:

  • Total Assets: $385,865
  • Total Liabilities: $880
  • Net Assets: $384,985

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$224,887

BOOK AND MATERIAL FEES

Revenue

$34,925

SCHOLARSHIP REPAYMENTS

Revenue

$8,500

Organization Details

Founding Year

2014

Principal Officer

Chris Wells

Main Address

1695 BURTON AVE, WATERLOO, IA, 50703

NTEE Category

Code: B30 - Education

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