Civic Intelligence

Lansing Electrical Joint Apprenticeship & Training Trust

990 • Fiscal year 2023 • EIN 38-6157466

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

PO Box 40010Lansing, MI 48901

(517) 483-9688

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

81st percentile

29%

Higher net margin than 81% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$163,810

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

81st percentile

27%

Faster asset growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

38%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,941,408

Up $411,261 (+27%) from 2022

Net Assets

Up

$1,941,408

Up $411,261 (+27%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$1,425,576

Up $395,312 (+38%) from 2022

Expenses

Up

$1,014,315

Up $134,109 (+15%) from 2022

Net Income

Up

$411,261

Up $261,203 (+174%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $593,657Liabilities 2010: $1,079Net Assets 2010: $592,5782010Assets 2011: $618,791Liabilities 2011: $1,219Net Assets 2011: $617,5722011Assets 2012: $624,411Liabilities 2012: $1,053Net Assets 2012: $623,3582012Assets 2013: $635,213Liabilities 2013: $1,065Net Assets 2013: $634,1482013Assets 2014: $673,166Liabilities 2014: $0Net Assets 2014: $673,1662014Assets 2015: $725,256Liabilities 2015: $0Net Assets 2015: $725,2562015Assets 2016: $814,704Liabilities 2016: $0Net Assets 2016: $814,7042016Assets 2017: $772,371Liabilities 2017: $0Net Assets 2017: $772,3712017Assets 2018: $743,157Liabilities 2018: $0Net Assets 2018: $743,1572018Assets 2019: $797,849Liabilities 2019: $0Net Assets 2019: $797,8492019Assets 2020: $1,032,938Liabilities 2020: $0Net Assets 2020: $1,032,9382020Assets 2021: $1,380,089Liabilities 2021: $0Net Assets 2021: $1,380,0892021Assets 2022: $1,530,147Liabilities 2022: $0Net Assets 2022: $1,530,1472022Assets 2023: $1,941,408Liabilities 2023: $0Net Assets 2023: $1,941,4082023Assets 2024: $3,274,453Liabilities 2024: $0Net Assets 2024: $3,274,4532024

Highlighted filing

2023

Assets$1,941,408
Liabilities$0
Net Assets$1,941,408

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $412,7702010Expenses 2011: $363,6192011Expenses 2012: $360,2422012Revenue 2013: $414,956Expenses 2013: $404,166Net Income 2013: $10,7902013Revenue 2014: $527,199Expenses 2014: $488,181Net Income 2014: $39,0182014Revenue 2015: $656,248Expenses 2015: $603,572Net Income 2015: $52,6762015Revenue 2016: $766,530Expenses 2016: $677,082Net Income 2016: $89,4482016Revenue 2017: $718,851Expenses 2017: $761,184Net Income 2017: -$42,3332017Revenue 2018: $710,269Expenses 2018: $739,483Net Income 2018: -$29,2142018Revenue 2019: $781,822Expenses 2019: $727,130Net Income 2019: $54,6922019Revenue 2020: $966,729Expenses 2020: $731,640Net Income 2020: $235,0892020Revenue 2021: $1,099,627Expenses 2021: $752,476Net Income 2021: $347,1512021Revenue 2022: $1,030,264Expenses 2022: $880,206Net Income 2022: $150,0582022Revenue 2023: $1,425,576Expenses 2023: $1,014,315Net Income 2023: $411,2612023Revenue 2024: $2,649,819Expenses 2024: $1,316,774Net Income 2024: $1,333,0452024

Highlighted filing

2023

Revenue$1,425,576
Expenses$1,014,315
Net Income$411,261
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.0
Gross Receipts
$1,576,811
Mission and Program Overview

Mission

To provide training to educate the apprentices and journeyman of the international brotherhood of electrical workers local union 665 and the national electrical contractors association, lansing division, michigan chapter; insuring and providing the electrical construction industry with the most highly trained and highly skilled workforce possible.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,120,773$1,154,592▲ $33,819
Savings and Temporary Cash Investments$391,786$766,616▲ $374,830
Cash and Non-Interest-Bearing Accounts$17,588$20,200▲ $2,612
Total Assets$1,530,147$1,941,408▲ $411,261
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,530,147$1,941,408▲ $411,261
Total Net Assets Fund Balance$1,530,147$1,941,408▲ $411,261
Total Liabilities and Net Assets / Fund Balance$1,530,147$1,941,408▲ $411,261
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dale GeorgeTraining DirectorFT$107,285$56,525$163,810

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$85,005
Program Service Revenue
$1,290,042
Investment Income
$47,965
Other Revenue
$2,564
All Other Contributions
$85,005
Change in Net Assets
$411,261

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,425,576
Total Revenue per Audited Statements
$1,425,576
Total Revenue per Form 990
$1,425,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$590,000
Other Expenses$424,315
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$299,729$53,987-$353,716
Other Employee Benefits$97,776$29,206-$126,982
Pension Plan Contributions$62,963$18,807-$81,770
Office Expenses$42,790$5,835-$48,625
Conferences and Meetings$40,990--$40,990
Payroll Taxes$21,200$6,332-$27,532
Travel$25,021--$25,021
Occupancy$21,117$2,880-$23,997
Insurance$10,224$1,394-$11,618
Fees for Services Accounting-$9,398-$9,398
Advertising-$1,820-$1,820
Fees for Services Legal-$1,023-$1,023
Other Expenses$964--$964
Fees for Services Other-$248-$248
All Other Expenses$29--$29
Total Functional Expenses$883,385$130,930$0$1,014,315

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,014,315
Total Expenses per Audited Statements$1,014,315
Total Expenses per Form 990$1,014,315
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 7A

The organization is controlled and administered by a board of trustees, which consists of eight members. Four members are appointed in writing by the national electrical contractors association, inc., lansing division, michigan chapter, and four members are appointed in writing by the international brotherhood of electrical workers local union 665. At all times, the trustees appointed by the lansing division, michigan chapter, national electrical contractors association, inc., have four votes and the trustees appointed by the local union 665 of the international brotherhood of electrical workers have four votes.

Form 990, Page 6, Part VI, Line 11B

The governing board receives a copy of the form 990 to review at one of their monthly board meetings.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy covers any director, principal officer, or member of a committee with governing board delegated powers. Upon disclosure of an actual or possible conflict of interest, the interested person shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon by the remaining board or committee members. If they decide that an actual or possible conflict of interest exists, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the conflict of interest. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an acutal or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lansing Electrical Joint Apprentice
EIN
38-6157466
Phone
5174839688
Address
PO BOX 40010, LANSING, MI 48901

Signing Officer

Name
Troy Strang
Title
Chairman
Phone
5174839688
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Strang
Formed
1948
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
20

Preparer

Firm
Yeo & Yeo Pc
Address
822 CENTENNIAL WAY STE 250, LANSING, MI 48917
Preparer
Bradley M Devries
Phone
5173239500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide training to educate the apprentices and journeyman of the international brotherhood of electrical workers local union 665 and the national electrical contractors association, lansing division, michigan chapter; insuring and providing the electrical construction industry with the most highly trained and highly skilled workforce possible.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DALE GEORGE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRAINING DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE TRAINING TO EDUCATE THE APPRENTICES AND JOURNEYMAN OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 665 AND THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION, LANSING DIVISION, MICHIGAN CHAPTER; INSURING AND PROVIDING THE ELECTRICAL CONSTRUCTION INDUSTRY WITH THE MOST HIGHLY TRAINED AND HIGHLY SKILLED WORKFORCE POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS CONTROLLED AND ADMINISTERED BY A BOARD OF TRUSTEES, WHICH CONSISTS OF EIGHT MEMBERS. FOUR MEMBERS ARE APPOINTED IN WRITING BY THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION, INC., LANSING DIVISION, MICHIGAN CHAPTER, AND FOUR MEMBERS ARE APPOINTED IN WRITING BY THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 665. AT ALL TIMES, THE TRUSTEES APPOINTED BY THE LANSING DIVISION, MICHIGAN CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION, INC., HAVE FOUR VOTES AND THE TRUSTEES APPOINTED BY THE LOCAL UNION 665 OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS HAVE FOUR VOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BOARD RECEIVES A COPY OF THE FORM 990 TO REVIEW AT ONE OF THEIR MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. UPON DISCLOSURE OF AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY THE REMAINING BOARD OR COMMITTEE MEMBERS. IF THEY DECIDE THAT AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACUTAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$2.65$1.32$1.33
2023Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$1.43$1.01$0.41
2022Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$1.03$0.88$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$1.10$0.75$0.35
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.97$0.73$0.24
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.78$0.73$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.71$0.74$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.72$0.76$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.77$0.68$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.66$0.60$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.53$0.49$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.63$0.41$0.40$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.41