Overview
What is Florida East Coast Electrical Joint Apprenticeship Training Trust?
The Florida East Coast Electrical Joint Apprenticeship Training Trust is a nonprofit organization situated in West Palm Beach, Florida. Its primary mission involves offering training and education to electrical apprentices, journeymen, and other eligible individuals within the jurisdiction of Local Union 728 of the IBEW. This nonprofit fund is committed to providing a comprehensive program that aims to develop and enhance the skills of these individuals, contributing to the growth and development of the electrical industry in their region. With a team of six dedicated employees, the Trust is dedicated to fostering the professional growth of its trainees, thereby strengthening the workforce in the electrical field.
Official website here: www.fecjatc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Florida East Coast Electrical Joint Apprenticeship Training Trust has received an overall score of 84%, indicating a solid level of accountability and finance management. The score reflects strong performance in several key areas, with a perfect score for program expense ratio, illustrating that all its expenditures are directed toward its programs. The organization also boasts a fully independent board, which enhances transparency and governance.
However, there are some noted limitations within the governance policies. The charity is missing key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could impact its accountability framework. While these gaps are significant, they do not overshadow the organization’s strengths in financial oversight and asset management, as evidenced by its high scores in those areas.
Overall, while the Florida East Coast Electrical Joint Apprenticeship Training Trust demonstrates a strong commitment to financial accountability, enhancing its governance policies could further improve its standing and operational effectiveness. The organization’s focus on educational programs is commendable, but addressing the noted policy deficiencies will be essential for continued trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Florida East Coast Electrical Joint Apprenticeship Training Trust legitimate?
Florida East Coast Electrical Joint Apprenticeship Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida East Coast Electrical 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: $99,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,979
For more financial information, click here
Official website here: www.fecjatc.com
What is the mission statement of Florida East Coast Electrical Joint Apprenticeship Training Trust?
The Florida East Coast Electrical Joint Apprenticeship Training Trust serves as a nonprofit fund, dedicated solely to providing training and education for electrical apprentices, journeymen, and other suitable individuals. Its mission is to establish a program that fosters the growth and development of these professionals, thereby contributing to the electrical industry's overall skillset and competency. The Trust operates within a geographically defined area, offering comprehensive training opportunities to help electrical workers advance their careers and maintain industry standards.
Official website here: www.fecjatc.com
Who is the CEO of Florida East Coast Electrical Joint Apprenticeship Training Trust?
Richard Shawbell is the Director of Florida East Coast Electrical Joint Apprenticeship Training Trust.
Official website here: www.fecjatc.com
What is the revenue of Florida East Coast Electrical Joint Apprenticeship Training Trust?
Florida East Coast Electrical Joint Apprenticeship Training Trust's revenue in 2022 was $996,418.
Official website here: www.fecjatc.com
Who are the executives of Florida East Coast Electrical Joint Apprenticeship Training Trust and what are their salaries?
The average compensation at Florida East Coast Electrical Joint Apprenticeship Training Trust during 2022 was $72,447. There are 6 employees at Florida East Coast Electrical Joint Apprenticeship Training Trust.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $99,704
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- Other: $0
Official website here: www.fecjatc.com
Where can I find the form 990 for Florida East Coast Electrical Joint Apprenticeship Training Trust?
Florida East Coast Electrical Joint Apprenticeship Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fecjatc.com
Learn more at the official website: www.fecjatc.com
Mission Statement of Florida East Coast Electrical Joint Apprenticeship Training Trust
The Florida East Coast Electrical Joint Apprenticeship Training Trust, a nonprofit organization, is devoted to the mission of providing education and training for electrical apprentices, journeymen, and other suitable individuals. This mission is carried out through a program that is the sole purpose and exclusive focus of the Trust. The objective is to equip these individuals with the necessary skills and knowledge in the electrical field, contributing to the improvement of the workforce in the relevant geographic area. The Trust, therefore, serves as a vital resource for the development of skilled professionals in the electrical industry.
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Impact
July, 2024
The impact of the Florida East Coast Electrical Joint Apprenticeship Training Trust is significant in providing valuable training and education opportunities for electrical apprentices, journeymen, and other individuals within the jurisdiction of Local Union 728 of the IBEW. By offering specialized programs, the Trust contributes to the professional development and skill enhancement of individuals in the electrical industry, ultimately leading to higher employment opportunities and improved job performance. This investment in training not only benefits the individuals involved but also strengthens the overall workforce in the electrical sector, ensuring a high standard of expertise and professionalism in the field.
This information is meant to be a general summary of Florida East Coast Electrical 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,482
- Program Service Revenue: $591,762
- Gross Receipts: $996,418
Assets and Liabilities:
- Total Assets: $1,480,155
- Total Liabilities: $25,544
- Net Assets: $1,454,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$591,762
Organization Details
Founding Year
1995
Phone
(561) 968-4400Principal Officer
Richard Shawbell
Main Address
4620 Summit Blvd, West Palm Beach, FL, 33415
Website
www.fecjatc.comNTEE Category
Code: J220 - Employment
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