Civic Intelligence

Terre Haute Electrical Joint Apprenticeship and Training Trust

990 • Fiscal year 2019 • EIN 23-7120596

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 07, 2020

950 Ohio StreetTerre Haute, IN 47807

(812) 235-7541

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

84th percentile

$154,827

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

Down

$1,434,712

Down $239,488 (-14%) from 2015

Net Assets

Down

$1,431,471

Down $240,063 (-14%) from 2015

Liabilities

Up

$3,241

Up $575 (+22%) from 2015

Revenue

Up

$901,177

Up $388,410 (+76%) from 2015

Expenses

Up

$1,009,501

Up $461,155 (+84%) from 2015

Net Income

Down

-$108,324

Down $72,745 (-204%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $1,710,890Liabilities 2012: $5,844Net Assets 2012: $1,705,0462012Assets 2015: $1,674,200Liabilities 2015: $2,666Net Assets 2015: $1,671,5342015Assets 2019: $1,434,712Liabilities 2019: $3,241Net Assets 2019: $1,431,4712019Assets 2020: $1,521,019Liabilities 2020: $1,958Net Assets 2020: $1,519,0612020Assets 2021: $1,749,959Liabilities 2021: $2,041Net Assets 2021: $1,747,9182021Assets 2022: $1,747,877Liabilities 2022: $4,090Net Assets 2022: $1,743,7872022Assets 2023: $1,803,230Liabilities 2023: $5,048Net Assets 2023: $1,798,1822023Assets 2024: $2,074,735Liabilities 2024: -$1,465Net Assets 2024: $2,076,2002024Assets 2025: $2,066,295Liabilities 2025: $2,930Net Assets 2025: $2,063,3652025

Highlighted filing

2019

Assets$1,434,712
Liabilities$3,241
Net Assets$1,431,471

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $419,7292012Revenue 2015: $512,767Expenses 2015: $548,346Net Income 2015: -$35,5792015Revenue 2019: $901,177Expenses 2019: $1,009,501Net Income 2019: -$108,3242019Revenue 2020: $1,097,360Expenses 2020: $1,013,035Net Income 2020: $84,3252020Revenue 2021: $1,015,381Expenses 2021: $845,039Net Income 2021: $170,3422021Revenue 2022: $1,141,533Expenses 2022: $991,559Net Income 2022: $149,9742022Revenue 2023: $1,074,428Expenses 2023: $1,091,813Net Income 2023: -$17,3852023Revenue 2024: $1,445,858Expenses 2024: $1,167,840Net Income 2024: $278,0182024Revenue 2025: $1,838,439Expenses 2025: $1,851,274Net Income 2025: -$12,8352025

Highlighted filing

2019

Revenue$901,177
Expenses$1,009,501
Net Income-$108,324
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 7, 2020
Return Version
2018v3.1
Gross Receipts
$1,011,081
Mission and Program Overview

Mission

To provide training for apprentices for the chapter of the national electrical contractors association and the local union of international brotherhood of electrical workers.

To provide training for apprentices for the chapter of the national electrical contractors association and the local union of the international brotherhood of electrical workers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$754,833$735,491▼ $19,342
Investments Other Securities$372,963$514,248▲ $141,285
Investments in Publicly Traded Securities$195,957$99,934▼ $96,023
Savings and Temporary Cash Investments$186,517$84,932▼ $101,585
Cash and Non-Interest-Bearing Accounts$63$107▲ $44
Total Assets$1,529,539$1,434,712▼ $94,827
Other Assets Total$19,206$0▼ $19,206
Liabilities
Other Liabilities$3,428$3,241▼ $187
Total Liabilities$3,428$3,241▼ $187
Net Assets / Fund Balance
Unrestricted Net Assets$1,526,111$1,431,471▼ $94,640
Total Net Assets Fund Balance$1,526,111$1,431,471▼ $94,640
Total Liabilities and Net Assets / Fund Balance$1,529,539$1,434,712▼ $94,827

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$670,772$367,961$1,038,733
Equipment$17,469$80,084$97,553
Land$47,250-$47,250
Other Securities$316,596--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan HughesTraining DirectorFT$108,417$46,410$154,827

Board Members and Trustees

NameTitle
Mac ThackerChairman
Brandon TullyTrustee
Joe KerrTrustee
M Shawn StewartTrustee
Randy KeyesTrustee
Mike BelfiSec/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$881,204
Investment Income
$19,713
Other Revenue
$260
Change in Net Assets
$-108,324

Audited Revenue Reconciliation

Revenue per Audited Statements
$901,177
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$13,684
Total Revenue per Audited Statements
$914,861
Total Revenue per Form 990
$901,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$525,276
Salaries, Compensation, and Employee Benefits$484,225
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,321$40,707-$226,028
Pension Plan Contributions$6,929$119,739-$126,668
Current Officers, Directors, Trustees, and Key Employees-$105,416-$105,416
Depreciation Depletion$42,001--$42,001
All Other Expenses$9,601$24,808-$34,409
Conferences and Meetings-$27,390-$27,390
Payroll Taxes$26,113--$26,113
Insurance-$17,333-$17,333
Fees for Services Accounting-$14,196-$14,196
Office Expenses-$12,387-$12,387
Other Expenses$11,479--$11,479
Occupancy$5,394--$5,394
Advertising$3,708--$3,708
Travel-$1,852-$1,852
Fees for Services Legal-$755-$755
Total Functional Expenses$644,918$364,583$0$1,009,501

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,009,501
Total Expenses per Audited Statements$1,009,501
Total Expenses per Form 990$1,009,501
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,241
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is presented to the governing body for their review before it is signed and submitted.

Form 990, Part VI, Section B, Line 12C

The director actively monitors the day to day activities of the trust and its employees for possible conflicts of interest. Employees and trustees are required to disclose any possible conflicts of interest and update as necessary. Any possible conflicts of interest are presented to the board of trustees for determination and action.

Form 990, Part VI, Section B, Line 15

Salaries are annually reviewed and approved by the board of trustees.

Form 990, Part VI, Section C, Line 19

The fund's governing documents, conflict of interest policy, and financial statements are available to the public upon request at the fund's address.

Filing and Contact Details

Filer

Filer Name
Terre Haute Electrical Jatc
EIN
23-7120596
Phone
8122357541
Address
950 OHIO STREET, TERRE HAUTE, IN 47807

Signing Officer

Name
Ryan Hughes
Title
Training Director
Phone
8122357541
Signed
2020-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Hughes
Formed
1977
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
25
Volunteers
0

Preparer

Firm
Kemper CPA Group Llp
Address
P O BOX 297, VINCENNES, IN 47591-0297
Preparer
Curt Benson CPA
Phone
8128827730
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0186517
IRS990/SavingsAndTempCashInvstGrp/EOYAmt084932
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0670772
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0367961
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01038733
IRS990ScheduleD/EquipmentGrp/BookValueAmt017469
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080084
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt097553
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01009501
IRS990ScheduleD/LandGrp/BookValueAmt047250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt047250
IRS990ScheduleD/NetUnrealizedGainsInvstAmt013684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0197652
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1316596
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EQUITY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FIXED INCOME FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt013684
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0901177
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0735491
IRS990ScheduleD/TotalBookValueSecuritiesAmt0514248
IRS990ScheduleD/TotalExpensesPerForm990Amt01009501
IRS990ScheduleD/TotalLiabilityAmt03241
IRS990ScheduleD/TotalRevenuePerForm990Amt0901177
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0914861
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01009501
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0TRADE UNION MEDIA
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1STUDENT BODY AND STAFF MEMBERS ARE MEMBERS OF TRADE UNION WHICH IS NOT LIMITED BY RACE. THERE ARE NO SCHOLARSHIPS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0108417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt046410
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RYAN HUGHES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRAINING DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0154827
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PRESENTED TO THE GOVERNING BODY FOR THEIR REVIEW BEFORE IT IS SIGNED AND SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTOR ACTIVELY MONITORS THE DAY TO DAY ACTIVITIES OF THE TRUST AND ITS EMPLOYEES FOR POSSIBLE CONFLICTS OF INTEREST. EMPLOYEES AND TRUSTEES ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST AND UPDATE AS NECESSARY. ANY POSSIBLE CONFLICTS OF INTEREST ARE PRESENTED TO THE BOARD OF TRUSTEES FOR DETERMINATION AND ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARIES ARE ANNUALLY REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FUND'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE FUND'S ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0QUALITY CONNECTION OF THE GREATER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1IBEW LOCAL UNION NO 725 SUP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0113784719
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1351860603
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LABOR MANAGEMENT COOPERATION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE RETIREMENT BENEFITS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05675 EAST HULMAN DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 50440
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TERRE HAUTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd047803
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd146250
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00

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