Ibew Local 40 - Neca Training Trust

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

EIN: 954660514 ✦ San diego, CA ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 40 - Neca Training Trust?

Ibew Local 40 - Neca Training Trust is a nonprofit entity dedicated to setting and upholding quality standards in the electrical construction industry. Their primary focus is on the recruitment, qualification, education, and training of apprentices, journeymen, and other personnel associated with this field. The organization's purpose is to ensure a high level of skill and expertise within the workforce, thus contributing to the overall efficiency and safety of electrical construction projects. They establish local guidelines and requirements for their members, ensuring a consistent level of proficiency across the industry.

Is Ibew Local 40 - Neca Training Trust legitimate?

Ibew Local 40 - Neca Training Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 40 - Neca 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: $177,847

For more financial information, click here

What is the mission statement of Ibew Local 40 - Neca Training Trust?

The IBEW Local 40 - Neca Training Trust is an organization committed to setting and upholding standards for the selection, qualifications, education, and training of individuals in the electrical construction industry. Their mission is to ensure that all apprentices, journeymen, and other personnel meet the required standards in this field. By doing so, they aim to maintain a high level of competency within the electrical construction industry. The organization is responsible for overseeing the selection process, establishing qualification criteria, and providing necessary education and training programs to meet these standards. This ultimately contributes to the overall development and success of the electrical construction industry.

Who is the CEO of Ibew Local 40 - Neca Training Trust?

Stephan Davis is the Trustee of Ibew Local 40 - Neca Training Trust.

What is the revenue of Ibew Local 40 - Neca Training Trust?

Ibew Local 40 - Neca Training Trust's revenue in 2022 was $1,146,576.

Who are the executives of Ibew Local 40 - Neca Training Trust and what are their salaries?

The average compensation at Ibew Local 40 - Neca Training Trust during 2022 was $44,462. There are 4 employees at Ibew Local 40 - Neca Training Trust.


Here are 6 key members and their salaries:


Marc Flynn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Jarvis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Szalay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephan Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Segura (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 40 - Neca Training Trust?

Ibew Local 40 - Neca Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 40 - Neca Training Trust

The IBEW Local 40 - Neca Training Trust is an organization dedicated to setting and upholding local standards for the selection, qualifications, education, and training of individuals in the electrical construction industry. This nonprofit is instrumental in governing the process for apprentices, journeymen, and other personnel working in this field, ensuring they meet the required standards. By establishing and maintaining these standards, IBEW Local 40 - Neca Training Trust plays a crucial role in maintaining the quality and professionalism of the electrical construction industry.

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Impact




October, 2024

The IBEW Local 40 - NECA Training Trust plays a crucial role in shaping the workforce within the electrical construction industry in San Diego, California. By establishing and maintaining local standards for the selection, qualifications, education, and training of apprentices, journeymen, and other personnel, it ensures that workers are well-prepared to meet the demands of their trade.

This organization provides comprehensive training programs that enhance skill levels, leading to higher quality workmanship and improved safety on construction sites. As a result, it not only benefits individual workers by boosting their employability and career progression but also supports employers by ensuring a competent and knowledgeable workforce.

The Trust's commitment to high standards in training and qualifications helps to elevate the overall quality of the electrical construction industry in the region, fostering a culture of excellence and mutual benefit among workers and employers alike. Ultimately, its impact extends beyond just individual careers, contributing to economic growth and the overall success of the electrical sector in San Diego.




This information is meant to be a general summary of Ibew Local 40 - Neca 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.

Revenue
$1,146,576 (2022)
Expenses
$430,290 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $135,646
  • Program Service Revenue: $902,490
  • Gross Receipts: $1,730,739

Assets and Liabilities:

  • Total Assets: $2,435,408
  • Total Liabilities: $28,154
  • Net Assets: $2,407,254

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$708,264

PARTICIPANT CONTRIBUTIONS

Revenue

$194,226

Organization Details

Founding Year

1997

Principal Officer

Stephan Davis

Main Address

3444 CAMINO DEL RIO N STE 101, SAN DIEGO, CA, 92108

NTEE Category

Code: Y40 - Mutual benefit

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