Civic Intelligence

Traverse City Electrical Joint Apprenticeship & Training Tr Fd

990 • Fiscal year 2020 • EIN 38-6366167

Jun 01, 2019 to May 31, 2020 • Filed on Feb 01, 2021

3912 Blair Townhall RdTraverse City, MI 49685

(231) 943-4980

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.04x

Higher debt load relative to revenue than 70% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2020

Net Margin

15th percentile

-5.6%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2020

Asset Growth

21st percentile

-1.8%

Faster asset growth than 21% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-65%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$750,323

Down $14,092 (-1.8%) from 2019

Net Assets

Down

$742,270

Down $10,249 (-1.4%) from 2019

Liabilities

Down

$8,053

Down $3,843 (-32%) from 2019

Revenue

Down

$182,079

Down $340,851 (-65%) from 2019

Expenses

Down

$192,328

Down $28,264 (-13%) from 2019

Net Income

Down

-$10,249

Down $312,587 (-103%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $152,531Liabilities 2011: $5,493Net Assets 2011: $147,0382011Assets 2012: $152,894Liabilities 2012: $3,403Net Assets 2012: $149,4912012Assets 2013: $187,482Liabilities 2013: $3,825Net Assets 2013: $183,6572013Assets 2014: $214,271Liabilities 2014: $4,456Net Assets 2014: $209,8152014Assets 2015: $234,876Liabilities 2015: $5,290Net Assets 2015: $229,5862015Assets 2016: $293,933Liabilities 2016: $5,530Net Assets 2016: $288,4032016Assets 2017: $321,158Liabilities 2017: $8,164Net Assets 2017: $312,9942017Assets 2018: $459,447Liabilities 2018: $9,266Net Assets 2018: $450,1812018Assets 2019: $764,415Liabilities 2019: $11,896Net Assets 2019: $752,5192019Assets 2020: $750,323Liabilities 2020: $8,053Net Assets 2020: $742,2702020Assets 2021: $799,340Liabilities 2021: $37,042Net Assets 2021: $762,2982021Assets 2022: $826,014Liabilities 2022: $10,147Net Assets 2022: $815,8672022Assets 2023: $855,997Liabilities 2023: $9,096Net Assets 2023: $846,9012023Assets 2024: $881,982Liabilities 2024: $13,020Net Assets 2024: $868,9622024Assets 2025: $884,982Liabilities 2025: $15,940Net Assets 2025: $869,0422025

Highlighted filing

2020

Assets$750,323
Liabilities$8,053
Net Assets$742,270

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $93,6902011Expenses 2012: $86,3692012Revenue 2013: $118,693Expenses 2013: $84,527Net Income 2013: $34,1662013Revenue 2014: $149,540Expenses 2014: $123,382Net Income 2014: $26,1582014Revenue 2015: $139,053Expenses 2015: $119,282Net Income 2015: $19,7712015Revenue 2016: $225,805Expenses 2016: $166,988Net Income 2016: $58,8172016Revenue 2017: $198,185Expenses 2017: $173,594Net Income 2017: $24,5912017Revenue 2018: $316,930Expenses 2018: $179,743Net Income 2018: $137,1872018Revenue 2019: $522,930Expenses 2019: $220,592Net Income 2019: $302,3382019Revenue 2020: $182,079Expenses 2020: $192,328Net Income 2020: -$10,2492020Revenue 2021: $197,849Expenses 2021: $177,821Net Income 2021: $20,0282021Revenue 2022: $286,283Expenses 2022: $232,714Net Income 2022: $53,5692022Revenue 2023: $301,847Expenses 2023: $270,813Net Income 2023: $31,0342023Revenue 2024: $307,982Expenses 2024: $285,921Net Income 2024: $22,0612024Revenue 2025: $389,700Expenses 2025: $389,620Net Income 2025: $802025

Highlighted filing

2020

Revenue$182,079
Expenses$192,328
Net Income-$10,249
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Feb 1, 2021
Return Version
2019v5.0
Gross Receipts
$182,079
Mission and Program Overview

Mission

Provide classroom instruction for apprentices

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$397,513$364,943▼ $32,570
Savings and Temporary Cash Investments$305,761$337,682▲ $31,921
Accounts Receivable$14,174$9,716▼ $4,458
Land, Buildings, and Equipment, Net$8,876$7,397▼ $1,479
Prepaid Expenses and Deferred Charges$14,822$7,316▼ $7,506
Total Assets$764,415$750,323▼ $14,092
Other Assets Total$23,269$23,269→ $0
Liabilities
Accounts Payable and Accrued Expenses$11,896$8,053▼ $3,843
Total Liabilities$11,896$8,053▼ $3,843
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$752,519$742,270▼ $10,249
Total Net Assets Fund Balance$752,519$742,270▼ $10,249
Total Liabilities and Net Assets / Fund Balance$764,415$750,323▼ $14,092

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,397$25,310$32,707
Leasehold Improvements-$9,084$9,084
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doug RexroatChairman
Dave StewartExec Bd
Joe TufftsExec Bd
Marc GrinerExec Bd
Matt VajdaExec Bd
Robert GronostalskiExec Bd
Mason MorrowRecording Se
William WaggenerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$146,543
Investment Income
$35,536
Other Revenue
$0
Change in Net Assets
$-10,249

Audited Revenue Reconciliation

Revenue per Audited Statements
$182,079
Total Revenue per Audited Statements
$182,079
Total Revenue per Form 990
$182,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$134,241
Other Expenses$58,087
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$80,015-$80,015
Pension Plan Contributions$28,005--$28,005
Other Employee Benefits$20,100--$20,100
Occupancy-$7,062-$7,062
Payroll Taxes$6,121--$6,121
Conferences and Meetings$3,170--$3,170
Fees for Services Accounting-$3,120-$3,120
All Other Expenses$302$2,306-$2,608
Other Expenses$29,470$1,479-$1,479
Office Expenses-$1,141-$1,141
Total Functional Expenses$87,168$105,160$0$192,328

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$192,328
Total Expenses per Audited Statements$192,328
Total Expenses per Form 990$192,328
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
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 11B

The form will be reviewed by the training director prior to submission.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Traverse City Electrical Joint
EIN
38-6366167
Phone
2319434980
Address
3912 BLAIR TOWNHALL RD, TRAVERSE CITY, MI 49685

Signing Officer

Name
Doug Rexroat
Title
Chairman
Phone
2319434980
Signed
2021-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Rexroat
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
4

Preparer

Firm
Tobin & Co Pc
Address
2301 GARFIELD RD N, TRAVERSE CITY, MI 49686
Preparer
Lynn M Piaskowski Bennett
Phone
2319470151
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide classroom instruction for apprentices

Raw XML Appendix326 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0764415
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0750323
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03912 BLAIR TOWN HALL RD
IRS990/USAddress/CityNm0TRAVERSE CITY
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049685
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.IBEWLOCAL498.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG REXROAT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02319434980
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRAVERSE CITY ELECTRICAL JOINT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0APPRENTICESHIP & TRAINING TR FD
ReturnHeader/Filer/BusinessNameControlTxt0TRAV
ReturnHeader/Filer/EIN0386366167
ReturnHeader/Filer/PhoneNum02319434980
ReturnHeader/Filer/USAddress/AddressLine1Txt03912 BLAIR TOWNHALL RD
ReturnHeader/Filer/USAddress/CityNm0TRAVERSE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049685
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382595646
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TOBIN & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02301 GARFIELD RD N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRAVERSE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049686
ReturnHeader/PreparerPersonGrp/PhoneNum02319470151
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYNN M PIASKOWSKI BENNETT
ReturnHeader/ReturnTs02021-04-15T13:44:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-06-01
ReturnHeader/TaxPeriodEndDt02020-05-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.85$0.16$8.69$3.90$3.90$0.00
2024Detailed filing. Detailed filing data is available for this year.$8.82$0.13$8.69$3.08$2.86$0.22
2023Detailed filing. Detailed filing data is available for this year.$8.56$0.09$8.47$3.02$2.71$0.31
2022Detailed filing. Detailed filing data is available for this year.$8.26$0.10$8.16$2.86$2.33$0.54
2021Detailed filing. Detailed filing data is available for this year.$7.99$0.37$7.62$1.98$1.78$0.20
2020Detailed filing. Detailed filing data is available for this year.$7.50$0.08$7.42$1.82$1.92$0.10
2019Detailed filing. Detailed filing data is available for this year.$7.64$0.12$7.53$5.23$2.21$3.02
2018Detailed filing. Detailed filing data is available for this year.$4.59$0.09$4.50$3.17$1.80$1.37
2017Detailed filing. Detailed filing data is available for this year.$3.21$0.08$3.13$1.98$1.74$0.25
2016Detailed filing. Detailed filing data is available for this year.$2.94$0.06$2.88$2.26$1.67$0.59
2015Detailed filing. Detailed filing data is available for this year.$2.35$0.05$2.30$1.39$1.19$0.20
2014Detailed filing. Detailed filing data is available for this year.$2.14$0.04$2.10$1.50$1.23$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.04$1.84$1.19$0.85$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.03$1.49$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.05$1.47$0.94