Overview
What is North Texas Electrical Joint Apprenticeship & Training Trust Fund?
The North Texas Electrical Joint Apprenticeship & Training Trust Fund, based in Grand Prairie, Texas, is a nonprofit organization dedicated to offering top-notch training opportunities for individuals aspiring to pursue careers in the electrical industry. By employing a combination of classroom instruction and practical, on-the-job training, the trust fund, often referred to as the School, equips its trainees with essential skills and knowledge. With a staff of 16 individuals, the School remains committed to fostering growth and excellence in the electrical sector.
Official website here: www.ntejatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
The North Texas Electrical Joint Apprenticeship & Training Trust Fund has received an 84% score, indicating a solid performance in accountability and finance, which is crucial for maintaining donor trust and organizational effectiveness. The organization boasts an independent board of directors, with 100% of its members being independent, and an excellent financial audit rating. Additionally, their program expense ratio shows that a significant majority of their resources are allocated directly to their programs.
However, the organization has notable limitations in its governance practices. Specifically, it lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are essential for transparency and ethical operations. Furthermore, their tax form is not available on their website, which could hinder accessibility for potential donors and stakeholders.
Overall, while North Texas Electrical Joint Apprenticeship & Training Trust Fund demonstrates strong financial health and effective program spending, addressing its governance deficiencies would enhance its overall rating and trustworthiness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is North Texas Electrical Joint Apprenticeship & Training Trust Fund legitimate?
North Texas Electrical Joint Apprenticeship & Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Texas Electrical Joint Apprenticeship & 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: $705,520
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Official website here: www.ntejatc.org
What is the mission statement of North Texas Electrical Joint Apprenticeship & Training Trust Fund?
The North Texas Electrical Joint Apprenticeship and Training Trust Fund, often referred to as the School, is committed to delivering high-quality training for individuals pursuing a career in the electrical industry. The School's mission is achieved through a combination of classroom instruction and practical, on-the-job training. The primary objective is to equip trainees with the necessary skills to excel in their chosen field. The exempt program service achievement of the School involves conducting courses aimed at training electrical workers, thereby contributing to the growth and development of the electrical industry.
Official website here: www.ntejatc.org
What is the revenue of North Texas Electrical Joint Apprenticeship & Training Trust Fund?
North Texas Electrical Joint Apprenticeship & Training Trust Fund's revenue in 2023 was $2,421,501.
Official website here: www.ntejatc.org
Who are the executives of North Texas Electrical Joint Apprenticeship & Training Trust Fund and what are their salaries?
The average compensation at North Texas Electrical Joint Apprenticeship & Training Trust Fund during 2023 was $50,394. There are 14 employees at North Texas Electrical Joint Apprenticeship & Training Trust Fund.
Here are 6 key members and their salaries:
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Official website here: www.ntejatc.org
Where can I find the form 990 for North Texas Electrical Joint Apprenticeship & Training Trust Fund?
North Texas Electrical Joint Apprenticeship & Training Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ntejatc.org
Learn more at the official website: www.ntejatc.org
Mission Statement of North Texas Electrical Joint Apprenticeship & Training Trust Fund
The North Texas Electrical Joint Apprenticeship & Training Trust Fund, often referred to as the School, is committed to delivering high-quality education and training to individuals pursuing a career in the electrical industry. Its primary mission is to provide both classroom instruction and on-the-job training, ensuring that aspiring electrical workers gain a comprehensive understanding of the field. By doing so, the School aims to equip its students with the necessary skills to excel in their chosen profession. The exempt program service achievement of the North Texas Electrical Joint Apprenticeship & Training Trust Fund involves conducting courses that foster the growth and development of electrical workers, ultimately contributing to a skilled workforce within the industry.
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Impact
July, 2024
The North Texas Electrical Joint Apprenticeship & Training Trust Fund's impact is substantial in providing quality training to individuals interested in pursuing a career in the electrical industry. By offering a combination of classroom instruction and on-the-job training, the program equips participants with the necessary skills and knowledge to succeed in this field. This initiative not only helps individuals gain employment in the electrical industry but also contributes to the overall workforce development in the region.
This information is meant to be a general summary of North Texas Electrical Joint Apprenticeship & 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 2023.
- Investment Income: $171,322
- Program Service Revenue: $2,237,226
- Gross Receipts: $2,421,501
Assets and Liabilities:
- Total Assets: $6,330,304
- Total Liabilities: $4,678
- Net Assets: $6,325,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Book and Tool Sales
Revenue
$245,442
Community College Fees
Revenue
$345,662
Employer Contributions
Revenue
$1,476,964
Tuition and Fees
Revenue
$169,158
Organization Details
Founding Year
1999
Principal Officer
Karsten Frentrup
Website
www.ntejatc.orgNTEE Category
Code: J22 - Employment
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