Overview
What is Wichita Electrical Industry Training Fund Inc?
Wichita Electrical Industry Training Fund Inc is a nonprofit organization situated in Wichita, Kansas, specifically at 810 W DOUGLAS STE E. The primary objective of this organization is to foster the development of the electrical construction industry by educating apprentice and journeywoman electricians. Their mission is to ensure the provision of the safest and most highly trained electricians, thereby meeting the industry's demands and satisfying their customers' needs. To achieve this, they dedicate resources to delivering quality continuing education to journeyworkers. The organization's workforce consists of five dedicated individuals, all committed to enriching the electrical industry through their education programs.
Official website here: www.wejatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
The Wichita Electrical Industry Training Fund Inc has achieved a solid rating of 82%, indicating a strong performance in accountability and finance. The charity's score is primarily based on its financial management, showcasing a commitment to transparency and responsible governance. The organization has a fully independent board, which contributes positively to its overall integrity and decision-making processes.
Notably, the organization scored full marks in several key areas, including independent board membership, financial oversight, and the absence of material asset diversion. It has sound financial practices, evidenced by a low liabilities-to-assets ratio of 0.15%. However, the program expense ratio is somewhat lower at 58.78%, suggesting that a larger portion of the budget may be allocated to administrative costs compared to direct program spending.
Despite its strengths, the organization may face challenges in optimizing program expenditures. While its financial governance is commendable, stakeholders might benefit from a clearer understanding of how funds are utilized directly for the charity's mission. Overall, the Wichita Electrical Industry Training Fund Inc demonstrates a reliable level of accountability and financial health, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Wichita Electrical Industry Training Fund Inc legitimate?
Wichita Electrical Industry Training Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wichita Electrical Industry Training Fund Inc 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: $91,755
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,941
For more financial information, click here
Official website here: www.wejatc.org
What is the mission statement of Wichita Electrical Industry Training Fund Inc?
The Wichita Electrical Industry Training Fund Inc's mission is centered around serving the electrical construction industry and its customers. Their primary goal is to equip electricians with the safest and most highly trained skills. Additionally, they provide quality continuing education for journeyman electricians. All their activities are aimed at providing a means of education for apprentice and journeyman electricians, ensuring a high standard of expertise in the field.
Official website here: www.wejatc.org
Who is the CEO of Wichita Electrical Industry Training Fund Inc?
Tony Naylor is the Trustee of Wichita Electrical Industry Training Fund Inc.
Official website here: www.wejatc.org
What is the revenue of Wichita Electrical Industry Training Fund Inc?
Wichita Electrical Industry Training Fund Inc's revenue in 2023 was $706,863.
Official website here: www.wejatc.org
Who are the executives of Wichita Electrical Industry Training Fund Inc and what are their salaries?
The average compensation at Wichita Electrical Industry Training Fund Inc during 2023 was $78,539. There are 5 employees at Wichita Electrical Industry Training Fund Inc.
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $91,534
- Related: $0
- Other: $40,450
Official website here: www.wejatc.org
Where can I find the form 990 for Wichita Electrical Industry Training Fund Inc?
Wichita Electrical Industry Training Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wejatc.org
Learn more at the official website: www.wejatc.org
Mission Statement of Wichita Electrical Industry Training Fund Inc
Wichita Electrical Industry Training Fund Inc is committed to a mission that prioritizes the safety and exceptional training of electricians within the construction industry and their clients. The organization's primary objective is to equip these professionals with the most advanced skills and knowledge, ensuring they deliver high-quality work. To accomplish this, Wichita Electrical Industry Training Fund Inc invests in educational programs for both apprentice and journey-level electricians, covering all related expenses. This dedication to continuous learning and development ensures a workforce that meets the highest industry standards, ultimately benefiting both the electrical construction industry and its customers.
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Impact
July, 2024
Wichita Electrical Industry Training Fund Inc plays a crucial role in ensuring the electrical construction industry has access to the safest and most highly trained electricians. By providing quality education for both apprentice and journeyman electricians, the organization contributes to a skilled workforce that promotes safety and professionalism in the industry. This directly impacts the quality of work delivered to customers and enhances employment opportunities for electricians in the field.
This information is meant to be a general summary of Wichita Electrical Industry Training Fund Inc. 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: $30,166
- Program Service Revenue: $676,697
- Gross Receipts: $1,074,070
Assets and Liabilities:
- Total Assets: $859,359
- Total Liabilities: $1,313
- Net Assets: $858,046
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$567,423
APPRENTICE TUITION
Revenue
$102,343
APPRENTICE PENALTIES
Revenue
$3,931
APPLICATION FEES
Revenue
$3,000
Organization Details
Founding Year
1945
Phone
(316) 265-7067Principal Officer
Tony Naylor
Main Address
810 W DOUGLAS STE E, WICHITA, KS, 67203
Website
www.wejatc.orgNTEE Category
Code: J22I - Employment
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