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← ELECTRICAL JOINT APPRENTICESHIP & TRAINING FUND LOCAL 388

Form 990 for tax year 2024

Filed by ELECTRICAL JOINT APPRENTICESHIP & TRAINING FUND LOCAL 388.

Totals

Total revenue
$231,239
Total expenses
$151,565
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$220,934
Investment income
$10,305
Other revenue
$0
Total assets, end of year
$481,026
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$481,026
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: APPRENTICESHIP AND TRAINING

    total $127,861 · related or exempt $127,861

  • 2b · Program service revenue: BOOK SALES AND COURSE FEES

    total $89,363 · related or exempt $89,363

  • 2c · Program service revenue: BOOK RENTAL FEES

    total $3,710 · related or exempt $3,710

  • 3 · Investment income

    total $10,305 · excluded $10,305

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $1,840

  • 11b · Fees: legal

    total $2,637

  • 11c · Fees: accounting

    total $4,150

  • 11g · Fees: other

    total $38,257

  • 19 · Conferences, conventions and meetings

    total $2,785

  • 23 · Insurance

    total $6,457

  • 24a · Other expenses: BOOKS PURCHASED

    total $56,227

  • 24b · Other expenses: OTHER TRAINING EXPENSES

    total $30,141

  • 24c · Other expenses: INTERVIEW/RECRUITMENT

    total $9,071

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,026 · end of year $8,699

  • 2 · Savings and temporary cash investments

    beginning of year $400,326 · end of year $472,327

  • 27 · Net assets without donor restrictions

    beginning of year $401,352 · end of year $481,026

Mission and programs · 2024

Mission

A TRUST FUND THAT SUPPORTS A PROGRAM FOR TRAINING AND EDUCATION OF APPRENTICE ELECTRICIANS, JOURNEY-LEVEL WORKER ELECTRICIANS, AND ALL OTHER ELECTRICIAN CLASSIFICATIONS IN THE AREA COVERED BY THE COLLECTIVE BARGAINING AGREEMENT.

Activities or mission (Part I)

SUPPORT TRAINING AND EDUCATION OF APPRENTICE ELECTRICIANS, JOURNEY-LEVEL WORKER ELECTRICIANS, AND ALL OTHER ELECTRICIAN CLASSIFICATIONS IN THE AREA COVERED BY THE COLLECTIVE BARGAINING AGREEMENT.

  • THE TRUST FUND PROVIDED PROGRAMS FOR THE EDUCATION AND TRAINING OF PARTICIPANTS, APPRENTICES, JOURNEY-LEVEL WORKER ELECTRICIANS, AND ALL OTHER ELECTRICIAN CLASSIFICATIONS THAT ARE COVERED BY THE COLLECTIVE BARGAINING AGREEMENT. TRAINING WAS PROVIDED FOR APPROXIMATELY NINETY-ONE (91) APPRENTICES AND THREE-HUNDRED-AND EIGHTY-SIX (386) PARTICIPANTS, JOURNEY LEVEL WORKER ELECTRICIANS, AND ALL OTHER ELECTRICIAN CLASSIFICATIONS THAT ARE COVERED BY THE INSIDE COLLECTIVE BARGAINING AGREEMENT DURING THE YEAR. THE TRUST FUND ALSO PROVIDED TRAINING TO FIVE (5) INSTRUCTORS THROUGH INSTRUCTOR IMPROVEMENT AND TRAINING COURSES, AND FOUR (4) COMMITTEE MEMBERS THROUGH CONFERENCE(S) AND/OR TRAINING COURSE(S).

As filed on the 2024 return.

Listed in Part VII

  • Patrick Palecek

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Dean Miller

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Michael Van Ert

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Zach Newton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jason Kay

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Andy Becker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
19 March 2026
IRS schema version
2024v5.5
Source object
202640829349300324

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