Southwest Washington Electrical Jnt Apprntcshp & Training Trust Fund
- Assets
- $2.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Tacoma, WA
- Founding
- 10/1968
- Data as of
- 12/2021
- EIN
- 91-6087265
Organization Overview
Southwest Washington Electrical Jnt Apprntcshp & Training Trust Fund is located in Tacoma, WA. The organization was established in 1968. 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, Southwest Washington Electrical Jnt Apprntcshp & Training Trust Fund employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Washington Electrical Jnt Apprntcshp & Training Trust Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Southwest Washington Electrical Jnt Apprntcshp & Training Trust Fund generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 EDUCATION AND JOB TRAINING FOR ELECTRICIANS AND APPRENTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINED APPRENTICES IN THE ELECTRICAL INDUSTRY AND PROVIDED CONTINUING EDUCATION TO JOURNEYMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Harper Training Director | Officer | 40 | $121,157 |
Barry Blackburn Lead Day Time Instr. | 40 | $110,088 | |
Steven Thompson Day Time Instructor | 40 | $106,984 | |
Japhy Jenkins Trustee | Trustee | 1 | $0 |
Ken Doyle Trustee | Trustee | 1 | $0 |
Mardy Betschart Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $114,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $580 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,780 |
| Total Program Service Revenue | $1,194,810 |
| Investment income | $1,743 |
| 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 | $1,341,379 |
| 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. | $170,150 |
| Compensation of current officers, directors, key employees. | $59,553 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $393,082 |
| Pension plan accruals and contributions | $80,985 |
| Other employee benefits | $56,068 |
| Payroll taxes | $45,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,699 |
| Fees for services: Accounting | $15,400 |
| 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 | $37,294 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $51,037 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $645 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,604 |
| Insurance | $14,374 |
| All other expenses | $762 |
| Total functional expenses | $1,175,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $598,137 |
| Savings and temporary cash investments | $688,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $119,552 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,030 |
| Prepaid expenses and deferred charges | $11,900 |
| Net Land, buildings, and equipment | $825,255 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,252,998 |
| Accounts payable and accrued expenses | $98,882 |
| Grants payable | $0 |
| Deferred revenue | $24,618 |
| 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 | $123,500 |
| Net assets without donor restrictions | $2,129,498 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,252,998 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Farestart Seattle, WA | $25,249,584 | $20,206,425 |
Career Path Services-Employment And Training Spokane, WA | $3,840,568 | $14,724,825 |
Carpenters Employers Apprenticeship & Training Tr Fund Western Wash Kent, WA | $76,810,852 | $18,647,454 |
Wtia Workforce Institute Issaquah, WA | $6,744,396 | $12,393,362 |
Northwest Laborers-Employers Train Bothell, WA | $25,481,278 | $14,853,369 |
Construction Industry Training Council Of Washington Bellevue, WA | $12,263,211 | $7,748,855 |
Northwest Youth Corps Eugene, OR | $6,403,565 | $10,014,381 |
Willamette Workforce Partnership Salem, OR | $1,486,134 | $9,256,119 |
United Association Apprenticeship & Journeymen Training Trust Fund tualatin, OR | $28,112,501 | $12,316,712 |
Oregon-Washington Carpenters Emplyr Apprenticeship Training Trust Fund Portland, OR | $25,539,386 | $9,684,142 |
Willamette Carpenter Training Center Inc Portland, OR | $1,858,962 | $7,895,288 |
Western Washington Operating Ellensburg, WA | $10,682,686 | $7,194,257 |