Form 990 for tax year 2024
Filed by NECA-IBEW ELECTRICAL TRAINING TRUST.
Totals
- Total revenue
- $8,810,144
- Total expenses
- $8,638,589
- Contributions and grants received
- $224,035
- Grants paid
- $720,482
- Program service revenue
- $8,239,708
- Investment income
- $325,601
- Other revenue
- $20,800
- Total assets, end of year
- $15,404,263
- Total liabilities, end of year
- $24,716
- Net assets or fund balances, end of year
- $15,379,547
- Program services expenses (Part IX)
- $1,992,604
- Management and general expenses
- $6,645,985
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,992,604
Program services were 23.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1f · All other contributions, gifts and grants
$224,035
-
2a · Program service revenue: ASSESMENTS FROM EMPLOYE
total $7,799,379 · related or exempt $7,799,379
-
2b · Program service revenue: FULL-TIME ENROLLMENT
total $262,202 · related or exempt $262,202
-
2c · Program service revenue: SCHOOL TUITION INCOME
total $64,377 · related or exempt $64,377
-
2d · Program service revenue: APPLICATION FEES
total $113,750 · related or exempt $113,750
-
3 · Investment income
total $325,601 · excluded $325,601
-
6a · Gross rents
real property $17,140
-
6c · Rental income or loss
real property $17,140
-
6d · Net rental income or loss
total $17,140 · unrelated business $17,140
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$28,465
-
10b · Cost of goods sold
$25,507
-
10c · Net income from sales of inventory
total $2,958 · related or exempt $2,958
-
11a · Other revenue: MISCELLANEOUS
total $702 · related or exempt $702
-
11e · Other revenue, total
$702
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $720,482 · program services $720,482
-
7 · Other salaries and wages
total $3,620,822 · program services $246,566 · management and general $3,374,256
-
8 · Pension plan contributions
total $966,813 · program services $290,044 · management and general $676,769
-
9 · Other employee benefits
total $515,092 · program services $154,527 · management and general $360,565
-
10 · Payroll taxes
total $317,116 · program services $95,135 · management and general $221,981
-
11b · Fees: legal
total $30,615 · management and general $30,615
-
11c · Fees: accounting
total $15,600 · management and general $15,600
-
12 · Advertising and promotion
total $700 · program services $210 · management and general $490
-
13 · Office expenses
total $53,235 · program services $15,971 · management and general $37,264
-
16 · Occupancy
total $275,601 · program services $82,680 · management and general $192,921
-
19 · Conferences, conventions and meetings
total $231,582 · management and general $231,582
-
22 · Depreciation, depletion and amortization
total $353,803 · program services $106,141 · management and general $247,662
-
23 · Insurance
total $56,970 · program services $17,091 · management and general $39,879
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $2,248 · program services $674 · management and general $1,574
-
24b · Other expenses: DISBURSEMENTS
total $658,934 · program services $34,888 · management and general $624,046
-
24c · Other expenses: MAINT AND REPAIRS
total $10,191 · program services $3,057 · management and general $7,134
-
24d · Other expenses: GIFTS AND COURTESIES
total $3,064 · program services $919 · management and general $2,145
-
24e · All other expenses
total $805,721 · program services $224,219 · management and general $581,502
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $289,135 · end of year $176,879
-
2 · Savings and temporary cash investments
beginning of year $337,369 · end of year $859,719
-
10a · Land, buildings and equipment: cost or other basis
$12,183,143
-
10b · Land, buildings and equipment: accumulated depreciation
$5,369,738
-
10c · Land, buildings and equipment, net
beginning of year $6,961,929 · end of year $6,813,405
-
11 · Investments: publicly traded securities
beginning of year $7,411,905 · end of year $7,554,260
-
17 · Accounts payable and accrued expenses
beginning of year $19,208 · end of year $24,716
-
27 · Net assets without donor restrictions
beginning of year $14,931,779 · end of year $15,379,547
-
28 · Net assets with donor restrictions
beginning of year $49,351
Mission and programs · 2024
Mission
SUPPORT PROGRAMS FOR TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES AND JOURNEYMEN THROUGH CONTRIBUTIONS BY ELECTRICAL INDUSTRY EMPLOYERS.
-
PROVIDES TRAINING TO APPRENTICES AND PROVIDES CONTINUING PROFESSIONAL EDUCATION TO JOURNEYMEN ELECTRICIANS. IN 2024 1,140 JOURNEYMEN AND 1,246 APPRENTICES BENEFITED FROM THE TRAINING CENTERS PROGRAMS.
Expenses $1,992,604
As filed on the 2024 return.
Listed in Part VII
-
BARRY MORELAND
SAFETY DIRECTOR
- Total calculated
- $227,598
- From this org
- $168,736
- From related orgs
- $0
- Other
- $58,862
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,736
- Bonus
- not reported
- Other
- not reported
- Deferred
- $40,442
- Nontaxable benefits
- $18,420
- Filer's total
- $227,598
-
TOPHER EDWARDS
INSTRUCTOR
- Total calculated
- $218,350
- From this org
- $159,773
- From related orgs
- $0
- Other
- $58,577
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,773
- Bonus
- not reported
- Other
- not reported
- Deferred
- $40,157
- Nontaxable benefits
- $18,420
- Filer's total
- $218,350
-
JASON JENKINS
IT MANAGER
- Total calculated
- $216,398
- From this org
- $157,231
- From related orgs
- $0
- Other
- $59,167
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,231
- Bonus
- not reported
- Other
- not reported
- Deferred
- $39,967
- Nontaxable benefits
- $19,200
- Filer's total
- $216,398
-
JOHN SCHAROSCH
INSTRUCTOR
- Total calculated
- $206,487
- From this org
- $146,037
- From related orgs
- $0
- Other
- $60,450
- Hours/week
- 42
Schedule J breakdown matched by us
- Base
- $146,037
- Bonus
- not reported
- Other
- not reported
- Deferred
- $39,990
- Nontaxable benefits
- $20,460
- Filer's total
- $206,487
-
EMILY FERA
INSTRUCTOR
- Total calculated
- $205,985
- From this org
- $147,275
- From related orgs
- $0
- Other
- $58,710
- Hours/week
- 42
Schedule J breakdown matched by us
- Base
- $147,275
- Bonus
- not reported
- Other
- not reported
- Deferred
- $40,290
- Nontaxable benefits
- $18,420
- Filer's total
- $205,985
-
AMY REYNOLDS
INSTRUCTOR
- Total calculated
- $204,159
- From this org
- $146,720
- From related orgs
- $0
- Other
- $57,439
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,720
- Bonus
- not reported
- Other
- not reported
- Deferred
- $39,019
- Nontaxable benefits
- $18,420
- Filer's total
- $204,159
-
KERI FENTON-MAZENKO
INSTRUCTOR
- Total calculated
- $200,772
- From this org
- $143,110
- From related orgs
- $0
- Other
- $57,662
- Hours/week
- 41
Schedule J breakdown matched by us
- Base
- $143,110
- Bonus
- not reported
- Other
- not reported
- Deferred
- $39,242
- Nontaxable benefits
- $18,420
- Filer's total
- $200,772
-
BRENT WEST
INSTRUCTOR
- Total calculated
- $199,953
- From this org
- $142,433
- From related orgs
- $0
- Other
- $57,520
- Hours/week
- 41
Schedule J breakdown matched by us
- Base
- $142,433
- Bonus
- not reported
- Other
- not reported
- Deferred
- $39,100
- Nontaxable benefits
- $18,420
- Filer's total
- $199,953
-
JORDAN POTTER
INSTRUCTOR
- Total calculated
- $197,504
- From this org
- $139,828
- From related orgs
- $0
- Other
- $57,676
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,828
- Bonus
- not reported
- Other
- not reported
- Deferred
- $38,476
- Nontaxable benefits
- $19,200
- Filer's total
- $197,504
-
KENNITHA WADE
INSTRUCTOR
- Total calculated
- $197,093
- From this org
- $139,517
- From related orgs
- $0
- Other
- $57,576
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,517
- Bonus
- not reported
- Other
- not reported
- Deferred
- $38,376
- Nontaxable benefits
- $19,200
- Filer's total
- $197,093
-
BRIDGET QUINN
INSTRUCTOR
- Total calculated
- $197,020
- From this org
- $140,224
- From related orgs
- $0
- Other
- $56,796
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,224
- Bonus
- not reported
- Other
- not reported
- Deferred
- $38,376
- Nontaxable benefits
- $18,420
- Filer's total
- $197,020
-
RYAN OLIGSCHLAEGER
INSTRUCTOR
- Total calculated
- $196,886
- From this org
- $139,965
- From related orgs
- $0
- Other
- $56,921
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,965
- Bonus
- not reported
- Other
- not reported
- Deferred
- $38,501
- Nontaxable benefits
- $18,420
- Filer's total
- $196,886
-
NICHOLAS BRYANT
INSTRUCTOR
- Total calculated
- $196,274
- From this org
- $139,478
- From related orgs
- $0
- Other
- $56,796
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,478
- Bonus
- not reported
- Other
- not reported
- Deferred
- $38,376
- Nontaxable benefits
- $18,420
- Filer's total
- $196,274
-
WAYNE VO
INSTRUCTOR
- Total calculated
- $196,249
- From this org
- $139,453
- From related orgs
- $0
- Other
- $56,796
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,453
- Bonus
- not reported
- Other
- not reported
- Deferred
- $38,376
- Nontaxable benefits
- $18,420
- Filer's total
- $196,249
-
KARA LEONARD
INSTRUCTOR
- Total calculated
- $195,713
- From this org
- $139,050
- From related orgs
- $0
- Other
- $56,663
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,050
- Bonus
- not reported
- Other
- not reported
- Deferred
- $38,243
- Nontaxable benefits
- $18,420
- Filer's total
- $195,713
-
STEVEN WORSLEY
INSTRUCTOR
- Total calculated
- $192,732
- From this org
- $136,037
- From related orgs
- $0
- Other
- $56,695
- Hours/week
- 39
Schedule J breakdown matched by us
- Base
- $136,037
- Bonus
- not reported
- Other
- not reported
- Deferred
- $37,495
- Nontaxable benefits
- $19,200
- Filer's total
- $192,732
-
ENRIQUE MALDONADO
INSTRUCTOR
- Total calculated
- $190,500
- From this org
- $134,315
- From related orgs
- $0
- Other
- $56,185
- Hours/week
- 39
Schedule J breakdown matched by us
- Base
- $134,315
- Bonus
- not reported
- Other
- not reported
- Deferred
- $36,985
- Nontaxable benefits
- $19,200
- Filer's total
- $190,500
-
CURTIS SHEPPARD
INSTRUCTOR
- Total calculated
- $190,207
- From this org
- $134,659
- From related orgs
- $0
- Other
- $55,548
- Hours/week
- 39
Schedule J breakdown matched by us
- Base
- $134,659
- Bonus
- not reported
- Other
- not reported
- Deferred
- $37,128
- Nontaxable benefits
- $18,420
- Filer's total
- $190,207
-
RICHARD SWEET
INSTRUCTOR
- Total calculated
- $188,755
- From this org
- $131,924
- From related orgs
- $0
- Other
- $56,831
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $131,924
- Bonus
- not reported
- Other
- not reported
- Deferred
- $36,371
- Nontaxable benefits
- $20,460
- Filer's total
- $188,755
-
LUKE BOGUE
INSTRUCTOR
- Total calculated
- $184,295
- From this org
- $129,969
- From related orgs
- $0
- Other
- $54,326
- Hours/week
- 37
Schedule J breakdown matched by us
- Base
- $129,969
- Bonus
- not reported
- Other
- not reported
- Deferred
- $35,906
- Nontaxable benefits
- $18,420
- Filer's total
- $184,295
-
MONICA HOSLER
APPRENTICE SERVICESOFFICE MANAGER
- Total calculated
- $159,563
- From this org
- $105,676
- From related orgs
- $0
- Other
- $53,887
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $105,676
- Bonus
- not reported
- Other
- not reported
- Deferred
- $34,687
- Nontaxable benefits
- $19,200
- Filer's total
- $159,563
-
SONJA RHEAUME
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
SCOTT ZADOW
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
AARON BARBER-STRONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JOE BEHRMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
TANI BIALE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
AARON WATZIG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
KAT SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
TODD MUSTARD
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
GARTH BACHMAN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 4 February 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531119349300963
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