Civic Intelligence

Waterloo Joint Apprenticeship Training Trust

990EZ • Fiscal year 2019 • EIN 46-2897706

Jun 01, 2018 to May 31, 2019 • Filed on Sep 26, 2019

1695 Burton AvenueWaterloo, IA 50703

(319) 233-8050

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

85th percentile

$25,535

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

57th percentile

6.6%

Faster asset growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$311,971

Up $19,426 (+6.6%) from 2018

Net Assets

Up

$310,660

Up $19,338 (+6.6%) from 2018

Liabilities

Up

$1,311

Up $88 (+7.2%) from 2018

Revenue

Up

$143,385

Up $15,094 (+12%) from 2018

Expenses

Down

$124,047

Down $11,373 (-8.4%) from 2018

Net Income

Up

$19,338

Up $26,467 (+371%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $185,483Liabilities 2014: $0Net Assets 2014: $185,4832014Assets 2015: $226,119Liabilities 2015: $724Net Assets 2015: $225,3952015Assets 2016: $249,900Liabilities 2016: $685Net Assets 2016: $249,2152016Assets 2017: $299,125Liabilities 2017: $674Net Assets 2017: $298,4512017Assets 2018: $292,545Liabilities 2018: $1,223Net Assets 2018: $291,3222018Assets 2019: $311,971Liabilities 2019: $1,311Net Assets 2019: $310,6602019Assets 2020: $272,690Liabilities 2020: $1,380Net Assets 2020: $271,3102020Assets 2021: $301,897Liabilities 2021: $1,065Net Assets 2021: $300,8322021Assets 2022: $319,621Liabilities 2022: $422Net Assets 2022: $319,1992022Assets 2023: $385,865Liabilities 2023: $880Net Assets 2023: $384,9852023Assets 2024: $460,969Liabilities 2024: $1,890Net Assets 2024: $459,0792024Assets 2025: $448,223Liabilities 2025: $1,335Net Assets 2025: $446,8882025

Highlighted filing

2019

Assets$311,971
Liabilities$1,311
Net Assets$310,660

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $188,785Expenses 2014: $3,302Net Income 2014: $185,4832014Revenue 2015: $141,551Expenses 2015: $101,639Net Income 2015: $39,9122015Revenue 2016: $126,741Expenses 2016: $102,921Net Income 2016: $23,8202016Revenue 2017: $167,363Expenses 2017: $118,127Net Income 2017: $49,2362017Revenue 2018: $128,291Expenses 2018: $135,420Net Income 2018: -$7,1292018Revenue 2019: $143,385Expenses 2019: $124,047Net Income 2019: $19,3382019Revenue 2020: $166,793Expenses 2020: $206,143Net Income 2020: -$39,3502020Revenue 2021: $207,155Expenses 2021: $202,664Net Income 2021: $4,4912021Revenue 2022: $217,627Expenses 2022: $190,758Net Income 2022: $26,8692022Revenue 2023: $285,588Expenses 2023: $216,510Net Income 2023: $69,0782023Revenue 2024: $299,592Expenses 2024: $241,596Net Income 2024: $57,9962024Revenue 2025: $275,970Expenses 2025: $293,990Net Income 2025: -$18,0202025

Highlighted filing

2019

Revenue$143,385
Expenses$124,047
Net Income$19,338
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Sep 26, 2019
Return Version
2018v3.1
Gross Receipts
$143,385
Mission and Program Overview

Mission

To administer the apprenticeship and training programs for the electrical contracting industry in the waterloo area of iowa.

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.

Program Services

DescriptionGrantsExpenses
The 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 #288 of the International Brotherhood of Electrical Workers (Union) and the Waterloo Division, Iowa Chapter, National Electrical Contractors Association, Inc. (Employer). The Trust offered journeyman training classes as needed/required to ensure journeyman electricians remain equipped with the latest electrical industry code and safety information. The Trust employed licensed electrician instructors as well as contracted with other jurisdictions to, who educated, instructed, and trained apprentice students and journeyman electricians under a variety of class structures. The Trust operates a five year apprentice training program which 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.$124,048-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATTY HOLCOMBDirectorPT$25,535-$25,535
CHARLES KACHERTrustee-$0--
KURT FRANKVice Chairman-$0--
CHRIS REITERTrustee-$0--
CHRIS WELLSPresident-$0--
DIRK HAMILTONSecretary-$0--
IVAN KOZLOVKSYITrustee-$0--
JOE DETERMANTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Waterloo Joint Apprenticeship
EIN
46-2897706
Phone
3192338050
Address
1695 BURTON AVENUE, WATERLOO, IA 50703

Signing Officer

Name
Chris Wells
Title
President
Signed
2019-09-26
Discuss with paid preparer
Yes

Preparer

Firm
Tarbell & Co PLC
Address
2130 Grand Avenue, Des Moines, IA 50312-5302
Preparer
Tim Tarbell CPA
Phone
5152820200
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $2893

Other Expenses.1005

Travel $6925

Other Expenses.1007

Conferences, Conventions, and Meetings $915

Other Expenses.1012

Insurance $2632

Other Expenses.1

Journeyman training $63701

Other Expenses.2

APPRENTICE BOOKS $11809

Total Liabilities.1

PAYROLL TAXES - Beginning $1223 PAYROLL TAXES - Ending $1311

Raw XML Appendix168 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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IRS990EZ/BooksInCareOfDetail/PhoneNum03192325374
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERLOO
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050703
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt725535
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHARLES KACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KURT FRANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRIS REITER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRIS WELLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DIRK HAMILTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5IVAN KOZLOVKSYI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOE DETERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PATTY HOLCOMB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt088875
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The 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.
IRS990EZ/ProgramServiceRevenueAmt0135158
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The 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 #288 of the International Brotherhood of Electrical Workers (Union) and the Waterloo Division, Iowa Chapter, National Electrical Contractors Association, Inc. (Employer). The Trust offered journeyman training classes as needed/required to ensure journeyman electricians remain equipped with the latest electrical industry code and safety information. The Trust employed licensed electrician instructors as well as contracted with other jurisdictions to, who educated, instructed, and trained apprentice students and journeyman electricians under a variety of class structures. The Trust operates a five year apprentice training program which 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.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt028461
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01223
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0124047
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
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IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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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/ExplanationTxt1THE ORGANIZATION RECEIVED A $5,050 GRANT FROM THE IOWA ECONOMIC DEVELOPMENT AUTHORITY(IEDA) AS DOCUMENTED BY A 15B CONTRACT EXCUTED BETWEEN THE IDEA AND THE WATERLOO JOINT APPRENTICESHIP TRAINING TRUST. THE SOURCE OF FUNDS FOR THIS GRANT IS THE FISCAL YEAR 2018 APPRENTICESHIP TRAINING FUND.
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
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $2893
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $6925
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $915
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $2632
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4JOURNEYMAN TRAINING $63701
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5APPRENTICE BOOKS $11809
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL TAXES - Beginning $1223 PAYROLL TAXES - Ending $1311
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Chris Wells
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERLOO JOINT APPRENTICESHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRAINING TRUST
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0462897706
ReturnHeader/Filer/PhoneNum03192338050
ReturnHeader/Filer/USAddress/AddressLine1Txt01695 BURTON AVENUE
ReturnHeader/Filer/USAddress/CityNm0WATERLOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050703
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421443361
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tarbell & Co PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02130 Grand Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Des Moines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0503125302
ReturnHeader/PreparerPersonGrp/PhoneNum05152820200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tim Tarbell CPA
ReturnHeader/ReturnTs02019-09-30T09:00:55-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-06-01
ReturnHeader/TaxPeriodEndDt02019-05-31
ReturnHeader/TaxYr02018

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