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Iec Apprenticeship & Training Inc

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

EIN: 522048675 ✦ Laurel, MD ✦ Designated as a 501(c)(3)

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Overview

What is Iec Apprenticeship & Training Inc?

Iec Apprenticeship & Training Inc, located in Laurel, Maryland, is a nonprofit organization dedicated to fostering the development of skilled and knowledgeable tradesmen in the electrical field. They achieve this by providing comprehensive training, continuous education, and seminars, specifically tailored for electrical journeymen. Their mission is to empower these professionals, ensuring they remain updated and competent in their respective fields.


Official website here: www.iecchesapeake.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 81% - Three-Star out of Four Star Rating

Iec Apprenticeship & Training Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score reflects a strong commitment to transparency and effective governance, as evidenced by the presence of a fully independent board and thorough adherence to multiple financial policies.

The organization stands out for its high program expense ratio of 84.41%, demonstrating that a significant portion of its resources is directed towards its core mission. Additionally, there are no material diversions of assets, and the charity maintains comprehensive policies regarding conflicts of interest and whistleblower protections, further enhancing its credibility.

While the rating is strong, it is solely based on the Accountability & Finance beacon, which suggests that additional insights into program effectiveness and impact could provide a more comprehensive view of the organization’s overall performance. Nonetheless, the charity’s operational practices indicate a robust foundation for responsible stewardship of donor funds.


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

Is Iec Apprenticeship & Training Inc legitimate?

Iec Apprenticeship & Training Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iec Apprenticeship & Training 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: $91,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $911,548

For more financial information, click here


Official website here: www.iecchesapeake.com

What is the mission statement of Iec Apprenticeship & Training Inc?

Iec Apprenticeship & Training Inc is committed to providing training for skilled and knowledgeable tradesmen in the electrical field. Their mission extends to offering continuing education and seminars specifically for electrical journeyworkers. The organization aims to equip these professionals with the latest knowledge and skills, thereby contributing to the electrical industry's growth and advancement. They believe in the importance of lifelong learning and ongoing professional development in the electrical field.


Official website here: www.iecchesapeake.com

Who is the CEO of Iec Apprenticeship & Training Inc?

Grant Shmelzer is the Past President of Iec Apprenticeship & Training Inc.


Official website here: www.iecchesapeake.com

What is the revenue of Iec Apprenticeship & Training Inc?

Iec Apprenticeship & Training Inc's revenue in 2023 was $3,158,956.


Official website here: www.iecchesapeake.com

Who are the executives of Iec Apprenticeship & Training Inc and what are their salaries?

There 50 volunteers at Iec Apprenticeship & Training Inc.


Here are 9 key members and their salaries:


Eric Shatzer (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Weisman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott R Bowers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Veltri (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Dols (Finance Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darin Cox (Membership Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Cook (Apprenticeship Committee C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Kerns (Governmental Affiars Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Shmelzer (Executive Director)
  • Compensation: $0
  • Related: $175,227
  • Other: $13,702


Official website here: www.iecchesapeake.com

Where can I find the form 990 for Iec Apprenticeship & Training Inc?

Iec Apprenticeship & Training Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.iecchesapeake.com

Learn more at the official website: www.iecchesapeake.com

Mission Statement of Iec Apprenticeship & Training Inc

Iec Apprenticeship & Training Inc is dedicated to providing training and continuing education opportunities for skilled and knowledgeable tradesmen in the electrical field. Their mission is to equip electrical journeyworkers with the necessary knowledge and skills through seminars and workshops. By offering these resources, Iec Apprenticeship & Training Inc aims to enhance the expertise of its participants, contributing to the overall proficiency and advancement of the electrical industry.

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Impact




July, 2024

IEC Apprenticeship & Training Inc's impact can be seen in the development of skilled and knowledgeable tradesmen in the electrical field. By providing training and continuing education to electrical journeymen, IEC is equipping individuals with the necessary expertise to excel in their careers. This not only benefits the individuals involved but also contributes to the overall quality and safety standards within the electrical industry. Through their commitment to education and professional development, IEC Apprenticeship & Training Inc is helping to foster a highly skilled workforce in the electrical field.




This information is meant to be a general summary of Iec Apprenticeship & Training 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.

Revenue
$3,158,956 (2023)
Expenses
$2,559,369 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $8,278
  • Program Service Revenue: $2,978,011
  • Gross Receipts: $3,240,682

Assets and Liabilities:

  • Total Assets: $4,111,600
  • Total Liabilities: $618,878
  • Net Assets: $3,492,722

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Programs

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

APPRENTICESHIP FEES

Revenue

$2,858,585

CONTINUING EDUCATION A

Revenue

$96,937

WORKFORCE DEVELOPMENT

Revenue

$22,489

Organization Details

Founding Year

1982

Principal Officer

Grant Shmelzer

Main Address

8751 FREESTATE DRIVE SUITE 250, LAUREL, MD, 20723

NTEE Category

Code: B80 - Education

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