Civic Intelligence

Des Moines Electrical Apprenticeship Training Trust

990 • Fiscal year 2023 • EIN 46-2895898

Jun 01, 2022 to May 31, 2023 • Filed on Oct 25, 2023

Organization Profilewww.dmelejatc.org
10700 Justin DriveUrbandale, IA 50322

(515) 224-4349

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

11th percentile

0.02x

Higher debt load relative to revenue than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

36th percentile

$144,918

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

62nd percentile

10%

Faster asset growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets11th percentile

Assets

Up

$15,188,746

Up $1,416,367 (+10%) from 2022

Net Assets

Up

$15,125,190

Up $1,414,096 (+10%) from 2022

Liabilities

Up

$63,556

Up $2,271 (+3.7%) from 2022

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin89th percentile

Revenue

Up

$3,283,120

Up $364,207 (+12%) from 2022

Expenses

Up

$1,800,213

Up $21,336 (+1.2%) from 2022

Net Income

Up

$1,482,907

Up $342,871 (+30%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$20M$15M$10M$5.0M$0Assets 2014: $1,295,705Liabilities 2014: $0Net Assets 2014: $1,295,7052014Assets 2015: $2,832,468Liabilities 2015: $9,544Net Assets 2015: $2,822,9242015Assets 2016: $3,578,422Liabilities 2016: $13,766Net Assets 2016: $3,564,6562016Assets 2017: $5,009,268Liabilities 2017: $82,917Net Assets 2017: $4,926,3512017Assets 2018: $8,694,502Liabilities 2018: $831,272Net Assets 2018: $7,863,2302018Assets 2019: $10,518,558Liabilities 2019: $23,656Net Assets 2019: $10,494,9022019Assets 2020: $11,382,341Liabilities 2020: $24,972Net Assets 2020: $11,357,3692020Assets 2021: $12,818,140Liabilities 2021: $26,952Net Assets 2021: $12,791,1882021Assets 2022: $13,772,379Liabilities 2022: $61,285Net Assets 2022: $13,711,0942022Assets 2023: $15,188,746Liabilities 2023: $63,556Net Assets 2023: $15,125,1902023Assets 2024: $16,991,533Liabilities 2024: $66,075Net Assets 2024: $16,925,4582024Assets 2025: $18,420,617Liabilities 2025: $73,818Net Assets 2025: $18,346,7992025

Highlighted filing

2023

Assets$15,188,746
Liabilities$63,556
Net Assets$15,125,190
Open 2023 Filing

Operations Trend

Revenue Growth63rd percentile

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

$6.0M$4.0M$2.0M$0Revenue 2014: $1,295,792Expenses 2014: $87Net Income 2014: $1,295,7052014Revenue 2015: $2,477,585Expenses 2015: $950,328Net Income 2015: $1,527,2572015Revenue 2016: $1,706,785Expenses 2016: $964,004Net Income 2016: $742,7812016Revenue 2017: $2,445,457Expenses 2017: $1,091,430Net Income 2017: $1,354,0272017Revenue 2018: $4,280,381Expenses 2018: $1,333,747Net Income 2018: $2,946,6342018Revenue 2019: $4,166,037Expenses 2019: $1,553,616Net Income 2019: $2,612,4212019Revenue 2020: $2,278,112Expenses 2020: $1,509,851Net Income 2020: $768,2612020Revenue 2021: $3,073,237Expenses 2021: $1,682,596Net Income 2021: $1,390,6412021Revenue 2022: $2,918,913Expenses 2022: $1,778,877Net Income 2022: $1,140,0362022Revenue 2023: $3,283,120Expenses 2023: $1,800,213Net Income 2023: $1,482,9072023Revenue 2024: $3,711,736Expenses 2024: $2,079,444Net Income 2024: $1,632,2922024Revenue 2025: $3,675,292Expenses 2025: $2,339,751Net Income 2025: $1,335,5412025

Highlighted filing

2023

Revenue$3,283,120
Expenses$1,800,213
Net Income$1,482,907
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Oct 25, 2023
Return Version
2022v5.0
Gross Receipts
$3,566,467
Mission and Program Overview

Mission

The Trust's mission is to educate the members of the International Brotherhood of Electrical Workers and National Electrical Contractors Association; insuring and providing the electrical industry with the most professionally trained and highly skilled workforce possible.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,366,550$6,116,295▼ $250,255
Savings and Temporary Cash Investments$2,697,873$4,634,521▲ $1,936,648
Investments in Publicly Traded Securities$378,300$472,722▲ $94,422
Accounts Receivable$210,382$364,496▲ $154,114
Pledges and Grants Receivable$225,578$199,341▼ $26,237
Cash and Non-Interest-Bearing Accounts$333,797$181,951▼ $151,846
Prepaid Expenses and Deferred Charges$24,367$34,452▲ $10,085
Inventories for Sale or Use$10,053$7,561▼ $2,492
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$13,772,379$15,188,746▲ $1,416,367
Other Assets Total$3,525,479$3,177,407▼ $348,072
Liabilities
Accounts Payable and Accrued Expenses$61,285$52,785▼ $8,500
Other Liabilities-$10,771-
Total Liabilities$61,285$63,556▲ $2,271
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,711,094$15,125,190▲ $1,414,096
Total Net Assets Fund Balance$13,711,094$15,125,190▲ $1,414,096
Total Liabilities and Net Assets / Fund Balance$13,772,379$15,188,746▲ $1,416,367

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,956,793$574,802$4,531,595
Buildings$1,223,054$193,749$1,416,803
Equipment$213,649$806,526$1,020,175
Land$722,799-$722,799
Other Assets Org$10,771--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve HansenTraining DirectorFT$106,631$38,287$144,918

Board Members and Trustees

NameTitle
Michael DuffyChairman
Chad LoweVice Chairman
Doug GoforthTrustee
Joe PoreppTrustee
Scott FarnsworthTrustee
Scott GardnerTrustee
Terry PohlmanTrustee
Timothy GeraldTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$199,341
Program Service Revenue
$2,898,337
Investment Income
$140,925
Other Revenue
$44,517
Change in Net Assets
$1,482,907

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,283,120
Revenue Not Reported on Form 990
$-68,811
Total Revenue per Audited Statements
$3,214,309
Total Revenue per Form 990
$3,283,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,130,796
Other Expenses$669,417
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$536,570$115,687-$652,257
Depreciation Depletion$254,598$36,804-$291,402
Other Employee Benefits$132,085$37,254-$169,339
Pension Plan Contributions$121,206$23,684-$144,890
Current Officers, Directors, Trustees, and Key Employees$52,511$52,511-$105,022
Payroll Taxes$46,120$13,168-$59,288
Occupancy$36,570$9,143-$45,713
Insurance$27,444$6,861-$34,305
Fees for Services Other-$31,661-$31,661
Office Expenses$21,294$5,324-$26,618
Fees for Services Accounting-$26,061-$26,061
Fees for Services Legal-$15,781-$15,781
All Other Expenses$5,880$9,618-$15,498
Information Technology$12,062$3,015-$15,077
Travel$7,746$536-$8,282
Other Expenses$5,658$14,044-$5,658
Advertising$4,578$978-$5,556
Conferences and Meetings$2,433$608-$3,041
Total Functional Expenses$1,397,475$402,738$0$1,800,213

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,800,213
Total Expenses per Audited Statements$1,800,213
Total Expenses per Form 990$1,800,213
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities - Lt$6,879
Operating Lease Liabilities - St$3,892
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 provided to the Trustees responsible for oversight of the Trust via email. The Trustees review and approve the Form 990 prior to its filing.”

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

“All trust officers, directors, trustees, and employees are required to disclose any and all possible conflicts by signing a conflict of interest policy on an annual basis. The signed conflict of interest policy statements are reviewed by the director of training.”

Form 990, Part VI, Section B, Line 15A

“Salary for the trust's director of training is set by the trustees. The director's annual salary is voted on by the trustees and communicated to the director of training.”

Form 990, Part VI, Section B, Line 15B

“The instructors of the trust are paid a salary based on a predetermined salary format and schedule that awards compensation based on years of service and completion of required training and education. The salary schedule and format was approved by the board of trustees.”

Form 990, Part VI, Section C, Line 19

“All Trust documents subject to public inspection are available upon request at the Trust's address: 10700 Justin Drive, Urbandale, IA 50322”

Filing and Contact Details

Filer

Filer Name
Des Moines Electrical Apprenticeship
EIN
46-2895898
Phone
5152244349
Address
10700 JUSTIN DRIVE, URBANDALE, IA 50322

Signing Officer

Name
Steve Hansen
Title
Director
Signed
2023-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Duffy
Formed
2013
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
9
Volunteers
8

Preparer

Firm
Tarbell & Co Plc
Address
1466 28TH STREET SUITE 100, WEST DES MOINES, IA 50266
Preparer
David Wall CPA
Phone
5152820200
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The trust is a nonprofit organization as described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes pursuant to an irs determination letter dated june 6, 2013. In addition, the trust has not been determined to be a private foundation within the meaning of section 509(a) of the internal revenue code.”

Raw XML AppendixShowing 400 of 497 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt061285
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt052785
IRS990/AccountsReceivableGrp/BOYAmt0210382
IRS990/AccountsReceivableGrp/EOYAmt0364496
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Trust's mission is to educate the members of the International Brotherhood of Electrical Workers and National Electrical Contractors Association; insuring and providing the electrical industry with the most professionally trained and highly skilled workforce possible.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0978
IRS990/AdvertisingGrp/ProgramServicesAmt04578
IRS990/AdvertisingGrp/TotalAmt05556
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09618
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05880
IRS990/AllOtherExpensesGrp/TotalAmt015498
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0STEVE HANSEN
IRS990/BooksInCareOfDetail/PhoneNum05152244349
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010700 JUSTIN DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0URBANDALE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0503223713
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0333797
IRS990/CashNonInterestBearingGrp/EOYAmt0181951
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt052511
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt052511
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0105022
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0608
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02433
IRS990/ConferencesMeetingsGrp/TotalAmt03041
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0283236
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0199341
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0140925
IRS990/CYOtherExpensesAmt0669417
IRS990/CYOtherRevenueAmt044517
IRS990/CYProgramServiceRevenueAmt02898337
IRS990/CYRevenuesLessExpensesAmt01482907
IRS990/CYSalariesCompEmpBnftPaidAmt01130796
IRS990/CYTotalExpensesAmt01800213
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03283120
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt036804
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0254598
IRS990/DepreciationDepletionGrp/TotalAmt0291402
IRS990/Desc0The Trust was organized for the exclusive purpose of providing training and education of electrical apprentices, journeyman, or other appropriate persons who fall under the jurisdiction of the collective bargaining agreement by and between the Local Union #347 of the International Brotherhood of Electrical Workers (Union) and the Des Moines Division, Iowa Chapter, National Electrical Contractors Association, Inc. (Employer). The Trust employs licensed electrician instructors, who educate, instruct, and train apprentice students and journeyman electricians under a variety of class structures. The Trust operates a five year apprentice training program. The Trust offers journeyman training classes as needed/required to ensure journeyman electricians are equipped with the latest electrical industry code and safety information. The Trust is funded by contributions from the Employer and Union in the amount and manner provided in the current collective bargaining agreement by and between the Employer and Union.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01397475
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt026061
IRS990/FeesForServicesAccountingGrp/TotalAmt026061
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt015781
IRS990/FeesForServicesLegalGrp/TotalAmt015781
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt031661
IRS990/FeesForServicesOtherGrp/TotalAmt031661
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt038287
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE HANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm1SCOTT GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm2TIMOTHY GERALD
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL DUFFY
IRS990/Form990PartVIISectionAGrp/PersonNm4JOE POREPP
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRY POHLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6DOUG GOFORTH
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT FARNSWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm8CHAD LOWE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0106631
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Training Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice Chairman
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-111
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0199341
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03566467
IRS990/GrossSalesOfInventoryAmt0267756
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03015
IRS990/InformationTechnologyGrp/ProgramServicesAmt012062
IRS990/InformationTechnologyGrp/TotalAmt015077
IRS990/InsuranceGrp/ManagementAndGeneralAmt06861
IRS990/InsuranceGrp/ProgramServicesAmt027444
IRS990/InsuranceGrp/TotalAmt034305
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt010053
IRS990/InventoriesForSaleOrUseGrp/EOYAmt07561
IRS990/InvestmentIncomeGrp/ExclusionAmt0141036
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0141036
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0378300
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0472722
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01575077
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06366550
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06116295
IRS990/LandBldgEquipCostOrOtherBssAmt07691372
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0111
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Trust's mission is to educate the members of the International Brotherhood of Electrical Workers and National Electrical Contractors Association; insuring and providing the electrical industry with the most professionally trained and highly skilled workforce possible.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt013711094
IRS990/NetAssetsOrFundBalancesEOYAmt015125190
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-111
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-111
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-15480
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-15480
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-68811
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt013711094
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt015125190
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09143
IRS990/OccupancyGrp/ProgramServicesAmt036570
IRS990/OccupancyGrp/TotalAmt045713
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05324
IRS990/OfficeExpensesGrp/ProgramServicesAmt021294
IRS990/OfficeExpensesGrp/TotalAmt026618
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03525479
IRS990/OtherAssetsTotalGrp/EOYAmt03177407
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037254
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0132085
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0169339
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1APPRENTICE TRAINING
IRS990/OtherExpensesGrp/Desc2INSTRUCTOR TRAINING
IRS990/OtherExpensesGrp/Desc3MATERIAL & EXAM FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014044
IRS990/OtherExpensesGrp/ProgramServicesAmt056179
IRS990/OtherExpensesGrp/ProgramServicesAmt156397
IRS990/OtherExpensesGrp/ProgramServicesAmt218144
IRS990/OtherExpensesGrp/ProgramServicesAmt35658
IRS990/OtherExpensesGrp/TotalAmt070223
IRS990/OtherExpensesGrp/TotalAmt156397
IRS990/OtherExpensesGrp/TotalAmt218144
IRS990/OtherExpensesGrp/TotalAmt35658
IRS990/OtherLiabilitiesGrp/EOYAmt010771
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt059997
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt059997
IRS990/OtherRevenueTotalAmt059997
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0115687
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0536570
IRS990/OtherSalariesAndWagesGrp/TotalAmt0652257
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013168
IRS990/PayrollTaxesGrp/ProgramServicesAmt046120
IRS990/PayrollTaxesGrp/TotalAmt059288
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt023684
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0121206
IRS990/PensionPlanContributionsGrp/TotalAmt0144890
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0225578
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0199341
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024367
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034452
IRS990/PrincipalOfficerNm0MICHAEL DUFFY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TRAINING SUPPORT & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02898337
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02898337
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0263374
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt053593
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0673082
IRS990/PYOtherRevenueAmt020192
IRS990/PYProgramServiceRevenueAmt02581754
IRS990/PYRevenuesLessExpensesAmt01140036
IRS990/PYSalariesCompEmpBnftPaidAmt01105795
IRS990/PYTotalExpensesAmt01778877
IRS990/PYTotalRevenueAmt02918913
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01482907
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02942854
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02697873
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04634521
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01223054
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0193749
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01416803
IRS990ScheduleD/EquipmentGrp/BookValueAmt0213649
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0806526
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01020175
IRS990ScheduleD/ExpensesSubtotalAmt01800213
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0722799
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0722799
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03956793
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0574802
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04531595
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-68811
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt046522
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110771
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE ASSET- LT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03892
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16879
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITIES - ST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE LIABILITIES - LT
IRS990ScheduleD/RevenueNotReportedAmt0-68811
IRS990ScheduleD/RevenueSubtotalAmt03283120
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES PURSUANT TO AN IRS DETERMINATION LETTER DATED JUNE 6, 2013. IN ADDITION, THE TRUST HAS NOT BEEN DETERMINED TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06116295
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03177407
IRS990ScheduleD/TotalExpensesPerForm990Amt01800213
IRS990ScheduleD/TotalLiabilityAmt010771
IRS990ScheduleD/TotalRevenuePerForm990Amt03283120
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03214309
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01800213
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE TRUST'S NONDISCRIMINATORY POLICY IS PRINTED ON ALL APPLICATION REQUEST FORMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,188,746
Liabilities
$63,556
Net assets
$15,125,190
Revenue
$3,283,120
Expenses
$1,800,213
Net income
$1,482,907
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.4$0.07$18.3$3.68$2.34$1.34
2024Detailed filing. Detailed filing data is available for this year.$17.0$0.07$16.9$3.71$2.08$1.63
2023Detailed filing. Detailed filing data is available for this year.$15.2$0.06$15.1$3.28$1.80$1.48
2022Detailed filing. Detailed filing data is available for this year.$13.8$0.06$13.7$2.92$1.78$1.14
2021Detailed filing. Detailed filing data is available for this year.$12.8$0.03$12.8$3.07$1.68$1.39
2020Detailed filing. Detailed filing data is available for this year.$11.4$0.02$11.4$2.28$1.51$0.77
2019Detailed filing. Detailed filing data is available for this year.$10.5$0.02$10.5$4.17$1.55$2.61
2018Detailed filing. Detailed filing data is available for this year.$8.69$0.83$7.86$4.28$1.33$2.95
2017Detailed filing. Detailed filing data is available for this year.$5.01$0.08$4.93$2.45$1.09$1.35
2016Detailed filing. Detailed filing data is available for this year.$3.58$0.01$3.56$1.71$0.96$0.74
2015Detailed filing. Detailed filing data is available for this year.$2.83$0.01$2.82$2.48$0.95$1.53
2014Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$1.30$0.00$1.30