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West Texas Joint Electrical Apprenticeship And Training Trust Fund

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

EIN: 751089308 ✦ Amarillo, TX ✦ Designated as a 501(c)(3)

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Overview

What is West Texas Joint Electrical Apprenticeship And Training Trust Fund?

The West Texas Joint Electrical Apprenticeship and Training Trust Fund is a nonprofit organization that dedicates its resources to educating and training member electricians and labor union apprentices. Their mission encompasses the provision of comprehensive training programs, which incorporate labor union apprenticeships, aimed at fostering skill development and professional growth within the electrical industry.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)

The West Texas Joint Electrical Apprenticeship And Training Trust Fund has received an 82% rating, indicating a solid performance in their accountability and finance practices. This rating is primarily based on their strong governance structure, highlighted by 100% independent board members and a well-sized board that meets standards for effective oversight. Their financial management is robust, reflecting a commitment to accountability.

Strengths of the organization include a high program expense ratio of 97.44%, demonstrating that the majority of their funds are directed towards their programs rather than administrative costs. Additionally, they have a strong audit and oversight committee, ensuring transparency and responsible resource management. These aspects suggest a conscientious approach to fulfilling their mission and serving their community.

While the organization shows notable strengths, the overall rating reflects that there is room for improvement in other areas of operations that could enhance their impact. However, their current financial practices and governance are commendable and indicate a well-managed nonprofit organization.


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

Is West Texas Joint Electrical Apprenticeship And Training Trust Fund legitimate?

West Texas Joint Electrical Apprenticeship And Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Texas Joint Electrical 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,880

For more financial information, click here

What is the mission statement of West Texas Joint Electrical Apprenticeship And Training Trust Fund?

The West Texas Joint Electrical Apprenticeship and Training Trust Fund is committed to providing training for its member electricians and labor union apprenticeship programs. This is achieved through various programs that encompass labor union apprenticeship training, ensuring the continuous development and skill enhancement of electricians. The organization's mission is centered around equipping these professionals with the necessary knowledge and skills to excel in their respective fields.

Who is the CEO of West Texas Joint Electrical Apprenticeship And Training Trust Fund?

Jackie Veazey is the Chairman of West Texas Joint Electrical Apprenticeship And Training Trust Fund.

What is the revenue of West Texas Joint Electrical Apprenticeship And Training Trust Fund?

West Texas Joint Electrical Apprenticeship And Training Trust Fund's revenue in 2022 was $515,943.

Who are the executives of West Texas Joint Electrical Apprenticeship And Training Trust Fund and what are their salaries?

The average compensation at West Texas Joint Electrical Apprenticeship And Training Trust Fund during 2022 was $11,228. There are 17 employees at West Texas Joint Electrical Apprenticeship And Training Trust Fund.


Here are 7 key members and their salaries:


Jackie Veazey (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Aylesworth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Clemishire (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Downs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Melton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Salazar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Lloyd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for West Texas Joint Electrical Apprenticeship And Training Trust Fund?

West Texas Joint Electrical Apprenticeship And Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of West Texas Joint Electrical Apprenticeship And Training Trust Fund

The West Texas Joint Electrical Apprenticeship and Training Trust Fund is committed to providing educational opportunities for its member electricians and labor union apprentices. This nonprofit organization offers specialized training programs that cater to electricians and apprentices, ensuring they acquire the necessary skills to excel in their respective fields. The trust fund's mission is to invest in the future of the electrical industry by equipping its workforce with the necessary knowledge and skills, ultimately contributing to the growth and development of the sector. Through its labor union apprenticeship training, the West Texas Joint Electrical Apprenticeship and Training Trust Fund plays a pivotal role in cultivating a skilled and competent workforce, thereby strengthening the electrical industry as a whole.

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Impact




July, 2024

The impact of the West Texas Joint Electrical Apprenticeship and Training Trust Fund is significant in providing valuable training opportunities for member electricians. By offering specialized programs and labor union apprenticeship training, the Trust Fund plays a crucial role in enhancing the skills and expertise of electricians in the region. This not only benefits the individual electricians by improving their employability and career prospects but also contributes to the overall quality of electrical work in West Texas. Through its focused mission and dedicated efforts, the Trust Fund actively supports employment in the electrical industry and helps to ensure a skilled workforce for the future.




This information is meant to be a general summary of West Texas Joint Electrical 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.

Revenue
$515,943 (2022)
Expenses
$475,861 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,295
  • Program Service Revenue: $512,545
  • Gross Receipts: $515,943

Assets and Liabilities:

  • Total Assets: $384,068
  • Total Liabilities: $0
  • Net Assets: $384,068

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Programs

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

CONTRACTOR CONTRIBUTIO

Revenue

$331,339

TEXTBOOK

Revenue

$109,016

TRAINING

Revenue

$72,130

CONTINUING EDUCATION

Revenue

$60

Organization Details

Founding Year

1991

Principal Officer

Jackie Veazey

Main Address

PO BOX 245, AMARILLO, TX, 791050245

NTEE Category

Code: J22 - Employment

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