Overview
What is Memphis Electrical Joint Apprenticeship And Training Trust?
The Memphis Electrical Joint Apprenticeship and Training Trust is a nonprofit organization situated in Memphis, Tennessee, specifically at 6211 Shelby Oaks Drive. Their primary focus is on supporting educational programs for electrical apprentices and journey-level professionals. Through their initiatives, they aim to equip these individuals with the necessary skills and knowledge in the electrical field. The trust, with a workforce of 24 employees, is dedicated to this mission, contributing positively to the electrical industry in the region.
Official website here: www.memphiselectricaljatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
The Memphis Electrical Joint Apprenticeship and Training Trust has achieved an 88% score, indicating a solid level of accountability and financial health. This rating is derived entirely from their Accountability & Finance metrics, highlighting their commitment to transparency and responsible financial management. The organization has demonstrated strength in various areas, including maintaining a majority independent board and ensuring there are no material diversions of assets.
The Trust scored exceptionally well in most Accountability & Finance categories, with a strong program expense ratio of 71.19%, suggesting that a significant portion of their funds is directed toward their programs. They also have comprehensive oversight mechanisms in place, such as an Audit and Oversight Committee and documentation of board meeting minutes, which reflect their commitment to governance best practices.
While the organization has received high marks, it is worth noting that they are missing a whistleblower policy, which could be an area for improvement. Overall, the Memphis Electrical Joint Apprenticeship and Training Trust appears to be a financially sound nonprofit dedicated to their mission, with some opportunities for enhancing their governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Memphis Electrical Joint Apprenticeship And Training Trust legitimate?
Memphis Electrical Joint Apprenticeship And Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Electrical Joint Apprenticeship And 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,108
For more financial information, click here
Official website here: www.memphiselectricaljatc.org
What is the mission statement of Memphis Electrical Joint Apprenticeship And Training Trust?
The Memphis Electrical Joint Apprenticeship and Training Trust is committed to supporting educational programs for electrical apprentices and journeymen. Their mission is centered around providing a conducive learning environment that equips these individuals with the necessary skills and knowledge needed to excel in their field. The trust's activities are primarily focused on enhancing the electrical trade through continuous learning and development opportunities. By doing so, they aim to foster a skilled workforce, contributing to the advancement and progress of the electrical industry.
Official website here: www.memphiselectricaljatc.org
Who is the CEO of Memphis Electrical Joint Apprenticeship And Training Trust?
J Glenn Greenwell is the Secretary of Memphis Electrical Joint Apprenticeship And Training Trust.
Official website here: www.memphiselectricaljatc.org
What is the revenue of Memphis Electrical Joint Apprenticeship And Training Trust?
Memphis Electrical Joint Apprenticeship And Training Trust's revenue in 2022 was $1,127,370.
Official website here: www.memphiselectricaljatc.org
Who are the executives of Memphis Electrical Joint Apprenticeship And Training Trust and what are their salaries?
The average compensation at Memphis Electrical Joint Apprenticeship And Training Trust during 2022 was $8,463. There are 24 employees at Memphis Electrical Joint Apprenticeship And Training Trust.
Here are 6 key members and their salaries:
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Official website here: www.memphiselectricaljatc.org
Where can I find the form 990 for Memphis Electrical Joint Apprenticeship And Training Trust?
Memphis Electrical Joint Apprenticeship And Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memphiselectricaljatc.org
Learn more at the official website: www.memphiselectricaljatc.org
Mission Statement of Memphis Electrical Joint Apprenticeship And Training Trust
The Memphis Electrical Joint Apprenticeship and Training Trust is committed to supporting educational programs for electrical apprentices and journeymen. This nonprofit organization's mission is centered around providing the necessary education to individuals in the electrical field, encompassing both apprentices and journey-level workers. By doing so, the Trust aims to equip these individuals with the necessary skills and knowledge to excel in their careers, ultimately contributing to the electrical industry's growth and development.
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Impact
July, 2024
The impact of the Memphis Electrical Joint Apprenticeship And Training Trust is significant in the field of electrical training and education. By supporting education programs for electrical apprentices and journeymen, the Trust plays a crucial role in developing skilled professionals in the electrical industry. This not only helps meet the demand for qualified electricians but also promotes job growth and economic stability in the Memphis area. Through its mission of supporting education programs for electric apprentices and journeymen, the Trust contributes to workforce development and empowers individuals to build successful careers in the electrical field.
This information is meant to be a general summary of Memphis Electrical Joint Apprenticeship And 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: $19,380
- Program Service Revenue: $1,088,752
- Gross Receipts: $1,239,621
Assets and Liabilities:
- Total Assets: $2,906,120
- Total Liabilities: $18,386
- Net Assets: $2,887,734
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT CONTRIBUTIONS
Revenue
$921,682
TEXT MATERIAL
Revenue
$144,315
TOOLS - APPRENTICE
Revenue
$14,272
MISC PROGRAM REVENUE
Revenue
$8,483
Organization Details
Founding Year
1947
Phone
(901) 386-2301Principal Officer
J Glenn Greenwell
Main Address
6211 SHELBY OAKS DRIVE, MEMPHIS, TN, 38134
NTEE Category
Code: J22 - Employment
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