Vermont Joint Apprenticeship & Training Committee is located in South Burlington, VT. The organization was established in 1971. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Vermont Joint Apprenticeship & Training Committee employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Joint Apprenticeship & Training Committee is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Vermont Joint Apprenticeship & Training Committee generated $72.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $99.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR THE EDUCATIONAL AND TRAINING PROGRAM FOR ELECTRICAL APPRENTICES AND JOURNEYMEN IN VERMONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APPRENTICESHIP TRAINING PROVIDED TO ELECTRICAL APPRENTICES AND JOURNEYMEN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vincent Bent Labor Trustee | Trustee | 1 | $3,315 |
Jeffrey Wimette Labor Chair | OfficerTrustee | 1 | $0 |
Brian Ritz Director | Officer | 1 | $0 |
Tylor Thibault Management Trustee | Trustee | 1 | $0 |
Timothy Labombard Labor Trustee | Trustee | 1 | $0 |
Kenneth Douglas III Management Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $38,711 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $72,710 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $6,205 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,146 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,793 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $748 |
Information technology | $2,988 |
Royalties | $0 |
Occupancy | $6,036 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $417 |
Insurance | $2,315 |
All other expenses | $22 |
Total functional expenses | $99,087 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $29,437 |
Savings and temporary cash investments | $25 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,735 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,359 |
Prepaid expenses and deferred charges | $329 |
Net Land, buildings, and equipment | $1,599 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $37,484 |
Accounts payable and accrued expenses | $24,141 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $24,141 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $13,343 |
Total liabilities and net assets/fund balances | $37,484 |
Organization Name | Assets | Revenue |
---|---|---|
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Opportunities For A Better Tomorrow Inc Brooklyn, NY | $2,168,451 | $7,819,105 |
Daybreak Independent Service Inc Yonkers, NY | $5,959,924 | $7,495,936 |
District Council 37 Educational Fund New York, NY | $10,076,820 | $7,327,627 |
Hope Program Inc Brooklyn, NY | $5,983,524 | $7,258,502 |
New York State Linemans Safety Training Fund Cicero, NY | $27,878,667 | $10,543,076 |
Local 15 15a 15d Operating Engineer Apprenticeship Skill Improvement Long Island City, NY | $5,400,751 | $4,922,164 |
Liuna Local 731 Training Fund Astoria, NY | $35,207,464 | $6,900,469 |
Local 409-409a Intl Union Of Operating Engineers Supp Bene Fund Clarence, NY | $308,162 | $4,568,509 |
Paraprofessional Healthcare Institute Inc New York, NY | $18,359,848 | $15,168,776 |
Center For Women & Enterprises Inc Boston, MA | $1,190,751 | $4,605,541 |
Hoisting & Portable Engineers Local No 4 Apprenticeship & Training Fnd Canton, MA | $8,832,377 | $4,420,891 |