Overview
What is Electrical Local 26 Joint Apprenticeship And Training Trust Fund?
The Electrical Local 26 Joint Apprenticeship and Training Trust Fund is a nonprofit organization based in Lanham, Maryland, with the address 4371 Parliament Placesuit A, ZIP code 20706. Dedicated to the education and development of electricians, this trust fund offers apprenticeship and training programs for both apprentices and journeymen electricians. Through contributions to the trust fund, the organization provides essential learning opportunities, ensuring a skilled workforce in the electrical industry. Their mission encompasses the provision of top-notch education and training programs, benefiting around 61 employees in total.
Official website here: www.washdcjatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Electrical Local 26 Joint Apprenticeship and Training Trust Fund has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. With a score of 96%, the organization demonstrates strong governance practices, including a fully independent board and effective audit measures, which enhances its credibility and trustworthiness among stakeholders.
Strengths of the organization include a solid program expense ratio of 88.90%, showcasing a commitment to utilizing the majority of funds directly towards its mission of apprenticeship and training. The absence of material diversion of assets and the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention reflect a robust framework aimed at ethical operations and transparency.
While the organization scores exceptionally well across various metrics, potential supporters and stakeholders should continue to monitor ongoing performance and ensure that the high standards are maintained over time. Overall, the Electrical Local 26 Joint Apprenticeship and Training Trust Fund represents a well-managed nonprofit with a clear focus on its educational objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Electrical Local 26 Joint Apprenticeship And Training Trust Fund legitimate?
Electrical Local 26 Joint Apprenticeship And Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Electrical Local 26 Joint Apprenticeship And Training Trust Fund 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: $216,720
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,333,609
For more financial information, click here
Official website here: www.washdcjatc.org
What is the mission statement of Electrical Local 26 Joint Apprenticeship And Training Trust Fund?
The Electrical Local 26 Joint Apprenticeship and Training Trust Fund is dedicated to providing education and training opportunities for apprentice and journeyman electricians. Through contributions to a trust fund, this organization offers comprehensive programs to support the professional growth of electricians in their field. The mission is centered around enhancing the skills and knowledge of electricians to meet the demands of their profession. By investing in their future, the Fund aims to foster a strong and capable workforce in the electrical industry. The programs offered include apprenticeship, journeyman, and residential training for electricians, empowering them to excel in their careers.
Official website here: www.washdcjatc.org
Who is the CEO of Electrical Local 26 Joint Apprenticeship And Training Trust Fund?
William Murphy is the Director of Electrical Local 26 Joint Apprenticeship And Training Trust Fund.
Official website here: www.washdcjatc.org
What is the revenue of Electrical Local 26 Joint Apprenticeship And Training Trust Fund?
Electrical Local 26 Joint Apprenticeship And Training Trust Fund's revenue in 2022 was $14,296,333.
Official website here: www.washdcjatc.org
Who are the executives of Electrical Local 26 Joint Apprenticeship And Training Trust Fund and what are their salaries?
The average compensation at Electrical Local 26 Joint Apprenticeship And Training Trust Fund during 2022 was $41,809. There are 61 employees at Electrical Local 26 Joint Apprenticeship And Training Trust Fund.
Here are 16 key members and their salaries:
- Compensation: $172,590
- Related: $0
- Other: $47,421
- Compensation: $128,683
- Related: $0
- Other: $40,816
- Compensation: $126,510
- Related: $0
- Other: $41,039
- Compensation: $126,063
- Related: $0
- Other: $41,320
- Compensation: $125,668
- Related: $0
- Other: $40,977
- Compensation: $125,151
- Related: $0
- Other: $41,290
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.washdcjatc.org
Where can I find the form 990 for Electrical Local 26 Joint Apprenticeship And Training Trust Fund?
Electrical Local 26 Joint Apprenticeship And Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.washdcjatc.org
Learn more at the official website: www.washdcjatc.org
Mission Statement of Electrical Local 26 Joint Apprenticeship And Training Trust Fund
Electrical Local 26 Joint Apprenticeship and Training Trust Fund is a dedicated organization that aims to provide top-notch education and training programs for apprentice and journeymen electricians. Through contributions to a trust fund, it strives to offer valuable learning opportunities that help these professionals hone their skills and advance in their careers.
In essence, this nonprofit serves as a hub for the electrical industry's workforce development. It provides an extensive apprenticeship, journeyman, and residential training program for electricians, ensuring they are well-equipped to meet the demands of their profession. By investing in the education and training of electricians, Electrical Local 26 Joint Apprenticeship and Training Trust Fund plays a crucial role in fostering a skilled and productive workforce. This not only benefits individual electricians but also contributes to the growth and success of the electrical industry as a whole.
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Impact
October, 2024
The Electrical Local 26 Joint Apprenticeship and Training Trust Fund significantly enhances the skillset of electricians through comprehensive education and training programs. By focusing on apprenticeship, journeyman, and residential training, the program equips individuals with the necessary skills to excel in the electrical industry, ensuring a well-trained workforce.
In Lanham, MD, the trust fund serves as a vital resource for aspiring electricians, helping them gain hands-on experience and technical knowledge that is critical for their professional development. The structured training not only prepares participants for immediate employment opportunities but also promotes safety and efficiency in electrical work, thereby benefiting the broader community.
Moreover, by investing in the education of both apprentices and journeymen, the fund helps meet the growing demand for skilled electricians, contributing to economic stability and job growth in the region. The emphasis on continuous learning and development ensures that electricians remain competitive and up-to-date with industry standards and technologies, fostering a culture of excellence in the electrical field.
This information is meant to be a general summary of Electrical Local 26 Joint Apprenticeship And Training Trust Fund. 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 2022.
- Investment Income: $670,534
- Program Service Revenue: $13,586,569
- Gross Receipts: $29,656,878
Assets and Liabilities:
- Total Assets: $29,794,692
- Total Liabilities: $534,876
- Net Assets: $29,259,816
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$13,327,014
STUDENT, BOOK AND TESTING FEES
Revenue
$259,555
Organization Details
Founding Year
1966
Phone
(301) 429-2575Principal Officer
William Murphy
Main Address
4371 PARLIAMENT PLACESUITE A, LANHAM, MD, 207061807
Website
www.washdcjatc.orgNTEE Category
Code: J22Z - Employment
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