Civic Intelligence

Lincoln Elec Contractors Assn Apprenticeship & Training Fund

990 • Fiscal year 2024 • EIN 47-0461460

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 24, 2025

Organization ProfileNONE
1415 Old Farm RoadLincoln, NE 68512

(402) 423-4519

Siviq Scores

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

Liabilities / Assets

51st percentile

0.02x

Higher debt load relative to assets than 51% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.02x

Higher debt load relative to revenue than 53% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$93,036

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

71st percentile

15%

Faster asset growth than 71% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

21%

Faster revenue growth than 66% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$821,581

Up $109,508 (+15%) from 2023

Net Assets

Up

$808,273

Up $107,180 (+15%) from 2023

Liabilities

Up

$13,308

Up $2,328 (+21%) from 2023

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin71st percentile

Revenue

Up

$590,888

Up $103,151 (+21%) from 2023

Expenses

Up

$483,708

Up $85,619 (+22%) from 2023

Net Income

Up

$107,180

Up $17,532 (+20%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$1.5M$1.0M$500K$0Assets 2010: $133,300Liabilities 2010: $8,311Net Assets 2010: $124,9892010Assets 2011: $174,706Liabilities 2011: $8,964Net Assets 2011: $165,7422011Assets 2012: $236,284Liabilities 2012: $6,734Net Assets 2012: $229,5502012Assets 2013: $311,768Liabilities 2013: $7,167Net Assets 2013: $304,6012013Assets 2014: $327,991Liabilities 2014: $5,003Net Assets 2014: $322,9882014Assets 2015: $378,130Liabilities 2015: $5,313Net Assets 2015: $372,8172015Assets 2016: $415,824Liabilities 2016: $9,142Net Assets 2016: $406,6822016Assets 2017: $432,658Liabilities 2017: $9,439Net Assets 2017: $423,2192017Assets 2018: $486,849Liabilities 2018: $12,070Net Assets 2018: $474,7792018Assets 2019: $517,961Liabilities 2019: $7,960Net Assets 2019: $510,0012019Assets 2020: $519,403Liabilities 2020: $9,762Net Assets 2020: $509,6412020Assets 2021: $544,164Liabilities 2021: $16,182Net Assets 2021: $527,9822021Assets 2022: $628,501Liabilities 2022: $17,056Net Assets 2022: $611,4452022Assets 2023: $712,073Liabilities 2023: $10,980Net Assets 2023: $701,0932023Assets 2024: $821,581Liabilities 2024: $13,308Net Assets 2024: $808,2732024Assets 2025: $1,168,269Liabilities 2025: $18,667Net Assets 2025: $1,149,6022025

Highlighted filing

2024

Assets$821,581
Liabilities$13,308
Net Assets$808,273
Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

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

$1.0M$500K$0-$500KRevenue 2010: $185,183Expenses 2010: $180,042Net Income 2010: $5,1412010Expenses 2011: $200,8862011Revenue 2012: $285,182Expenses 2012: $221,374Net Income 2012: $63,8082012Expenses 2013: $237,1042013Revenue 2014: $242,662Expenses 2014: $224,275Net Income 2014: $18,3872014Revenue 2015: $273,490Expenses 2015: $223,661Net Income 2015: $49,8292015Revenue 2016: $322,496Expenses 2016: $288,631Net Income 2016: $33,8652016Revenue 2017: $321,435Expenses 2017: $304,898Net Income 2017: $16,5372017Revenue 2018: $379,247Expenses 2018: $327,687Net Income 2018: $51,5602018Revenue 2019: $384,006Expenses 2019: $348,784Net Income 2019: $35,2222019Revenue 2020: $345,618Expenses 2020: $345,978Net Income 2020: -$3602020Revenue 2021: $359,086Expenses 2021: $340,745Net Income 2021: $18,3412021Revenue 2022: $473,109Expenses 2022: $389,646Net Income 2022: $83,4632022Revenue 2023: $487,737Expenses 2023: $398,089Net Income 2023: $89,6482023Revenue 2024: $590,888Expenses 2024: $483,708Net Income 2024: $107,1802024Revenue 2025: $865,870Expenses 2025: $524,541Net Income 2025: $341,3292025

Highlighted filing

2024

Revenue$590,888
Expenses$483,708
Net Income$107,180
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 24, 2025
Return Version
2023v6.0
Gross Receipts
$590,888
Mission and Program Overview

Mission

The association was formed solely and exclusively for the purpose of supporting a program for the training and education of electrical apprentices and journeymen and programs in furtherance thereof. It is to defray the costs of apprenticeship and training programs established under provisions of the collective bargaining agreement between international brotherhood of electrical workers (ibew) local no. 265 and the nebraska chapter of the national electrical contractors association (neca).

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$150,078$512,168▲ $362,090
Cash and Non-Interest-Bearing Accounts$449,439$200,603▼ $248,836
Land, Buildings, and Equipment, Net$77,881$71,607▼ $6,274
Accounts Receivable$30,291$32,742▲ $2,451
Prepaid Expenses and Deferred Charges$4,384$4,461▲ $77
Total Assets$712,073$821,581▲ $109,508
Liabilities
Accounts Payable and Accrued Expenses$10,980$13,308▲ $2,328
Total Liabilities$10,980$13,308▲ $2,328
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$701,093$808,273▲ $107,180
Total Net Assets Fund Balance$701,093$808,273▲ $107,180
Total Liabilities and Net Assets / Fund Balance$712,073$821,581▲ $109,508

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,965$179,722$215,687
Leasehold Improvements$35,642$22,247$57,889
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roy Lamb IiTraining DirectorFT$79,106$13,930$93,036

Board Members and Trustees

NameTitle
Paul ScheelChairman
Brian RidderTrustee
Don HolmanTrustee
Doug AmenTrustee
Mike OrfTrustee
Tom EmersonTrustee
John WhitmerSecretary -
Steve StrunkSecretary -
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$579,447
Investment Income
$7,849
Other Revenue
$3,592
Change in Net Assets
$107,180

Audited Revenue Reconciliation

Revenue per Audited Statements
$590,888
Total Revenue per Audited Statements
$590,888
Total Revenue per Form 990
$590,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,527
Salaries, Compensation, and Employee Benefits$158,181
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$81,430-$81,430
Other Salaries and Wages$20,667$15,981-$36,648
Conferences and Meetings$20,870$5,233-$26,103
Depreciation Depletion$9,222$14,884-$24,106
Other Employee Benefits-$15,878-$15,878
Pension Plan Contributions-$15,049-$15,049
Fees for Services Accounting-$10,130-$10,130
Occupancy-$9,721-$9,721
Payroll Taxes-$9,176-$9,176
Insurance-$7,314-$7,314
All Other Expenses$1,308$4,994-$6,302
Other Expenses$105,997$3,127-$3,127
Total Functional Expenses$266,667$217,041$0$483,708

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$483,708
Total Expenses per Audited Statements$483,708
Total Expenses per Form 990$483,708
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
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
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 board of directors reviews the return before the training director signs it.”

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
Lincoln Electrical
EIN
47-0461460
Phone
4024234519
Address
1415 OLD FARM ROAD, LINCOLN, NE 68512

Signing Officer

Name
Roy Lamb Ii
Title
Training Director
Phone
5317393560
Signed
2025-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy Lamb Ii
Formed
1959
Legal Domicile
Ne
Voting Board Members
8
Independent Board Members
8
Employees
7

Preparer

Firm
Dana F Cole & Company Llp
Address
1248 O ST STE 500, LINCOLN, NE 68508-1424
Preparer
Ryan Bruns
Phone
4024799300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The association was formed solely and exclusively for the purpose of supporting a program for the training and education of electrical apprentices and journeymen and programs in furtherance thereof. It is to defray the costs of apprenticeship and training programs established under provisions of the collective bargaining agreement between international brotherhood of electrical workers (ibew) local no. 265 and the nebraska chapter of the national electrical contractors association (neca).”

Form 990, Page 12, Part XII, Line 2C

“The board of directors oversees the audit process. This process has not changed from the prior years.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The association utilizes the provisions of fasb asc 740-10, "accounting for uncertain tax positions". The association continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. The association believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that would be material to the financial statements.”

Raw XML Appendix398 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/BOYAmt010980
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013308
IRS990/AccountsReceivableGrp/BOYAmt030291
IRS990/AccountsReceivableGrp/EOYAmt032742
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ASSOCIATION WAS FORMED SOLELY AND EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING A PROGRAM FOR THE TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES AND JOURNEYMEN AND PROGRAMS IN FURTHERANCE THEREOF. IT IS TO DEFRAY THE COSTS OF APPRENTICESHIP AND TRAINING PROGRAMS ESTABLISHED UNDER PROVISIONS OF THE COLLECTIVE BARGAINING AGREEMENT BETWEEN INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW) LOCAL NO. 265 AND THE NEBRASKA CHAPTER OF THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (NECA).
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04994
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01308
IRS990/AllOtherExpensesGrp/TotalAmt06302
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0ROY LAMB II
IRS990/BooksInCareOfDetail/PhoneNum05317393560
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01415 OLD FARM ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LINCOLN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068512
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0449439
IRS990/CashNonInterestBearingGrp/EOYAmt0200603
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt081430
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt081430
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt05233
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt020870
IRS990/ConferencesMeetingsGrp/TotalAmt026103
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07849
IRS990/CYOtherExpensesAmt0325527
IRS990/CYOtherRevenueAmt03592
IRS990/CYProgramServiceRevenueAmt0579447
IRS990/CYRevenuesLessExpensesAmt0107180
IRS990/CYSalariesCompEmpBnftPaidAmt0158181
IRS990/CYTotalExpensesAmt0483708
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0590888
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt014884
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09222
IRS990/DepreciationDepletionGrp/TotalAmt024106
IRS990/Desc0PROVIDE TRAINING AND APPRENTICESHIP OPPORTUNITIES FOR INDIVIDUALS SEEKING TO LEARN THE TRADE AND TO PROVIDE ON-GOING EDUCATION FOR ELECTRICAL WORKERS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0266667
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010130
IRS990/FeesForServicesAccountingGrp/TotalAmt010130
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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/AverageHoursPerWeekRt840.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt813930
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL SCHEEL
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN WHITMER
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE STRUNK
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE ORF
IRS990/Form990PartVIISectionAGrp/PersonNm4TOM EMERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN RIDDER
IRS990/Form990PartVIISectionAGrp/PersonNm6DOUG AMEN
IRS990/Form990PartVIISectionAGrp/PersonNm7DON HOLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8ROY LAMB II
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt879106
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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY -
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY -
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRAINING DIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01959
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0590888
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07314
IRS990/InsuranceGrp/TotalAmt07314
IRS990/InvestmentIncomeGrp/ExclusionAmt07849
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07849
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0201969
IRS990/LandBldgEquipBasisNetGrp/BOYAmt077881
IRS990/LandBldgEquipBasisNetGrp/EOYAmt071607
IRS990/LandBldgEquipCostOrOtherBssAmt0273576
IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ASSOCIATION WAS FORMED SOLELY AND EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING A PROGRAM FOR THE TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES AND JOURNEYMEN AND PROGRAMS IN FURTHERANCE THEREOF. IT IS TO DEFRAY THE COSTS OF APPRENTICESHIP AND TRAINING PROGRAMS ESTABLISHED UNDER PROVISIONS OF THE COLLECTIVE BARGAINING AGREEMENT BETWEEN INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW) LOCAL NO. 265 AND THE NEBRASKA CHAPTER OF THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (NECA).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0701093
IRS990/NetAssetsOrFundBalancesEOYAmt0808273
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0701093
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0808273
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09721
IRS990/OccupancyGrp/TotalAmt09721
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015878
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015878
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2AUTOMOBILE EXPENSES
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017195
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12448
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24481
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33127
IRS990/OtherExpensesGrp/ProgramServicesAmt0108603
IRS990/OtherExpensesGrp/ProgramServicesAmt1105997
IRS990/OtherExpensesGrp/TotalAmt0125798
IRS990/OtherExpensesGrp/TotalAmt1108445
IRS990/OtherExpensesGrp/TotalAmt24481
IRS990/OtherExpensesGrp/TotalAmt33127
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03592
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03592
IRS990/OtherRevenueTotalAmt03592
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015981
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt020667
IRS990/OtherSalariesAndWagesGrp/TotalAmt036648
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09176
IRS990/PayrollTaxesGrp/TotalAmt09176
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015049
IRS990/PensionPlanContributionsGrp/TotalAmt015049
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04384
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04461
IRS990/PrincipalOfficerNm0ROY LAMB II
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc1GRANTS FOR PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2APPRENTICE FEES
IRS990/ProgramServiceRevenueGrp/Desc3CONTINUING EDUCATION CLASSES
IRS990/ProgramServiceRevenueGrp/Desc4BOOKS AND MATERIALS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0409155
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt191745
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt276315
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31872
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4360
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0409155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt191745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt276315
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31872
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4360
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06407
IRS990/PYOtherExpensesAmt0235751
IRS990/PYOtherRevenueAmt03863
IRS990/PYProgramServiceRevenueAmt0477467
IRS990/PYRevenuesLessExpensesAmt089648
IRS990/PYSalariesCompEmpBnftPaidAmt0162338
IRS990/PYTotalExpensesAmt0398089
IRS990/PYTotalRevenueAmt0487737
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0107180
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0579447
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0150078
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0512168
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt035965
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0179722
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0215687
IRS990ScheduleD/ExpensesSubtotalAmt0483708
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt035642
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022247
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt057889
IRS990ScheduleD/RevenueSubtotalAmt0590888
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION UTILIZES THE PROVISIONS OF FASB ASC 740-10, "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THE ASSOCIATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt071607
IRS990ScheduleD/TotalExpensesPerForm990Amt0483708
IRS990ScheduleD/TotalRevenuePerForm990Amt0590888
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0590888
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0483708
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A NEWSPAPER ADVERTISEMENT IS PUBLISHED SEMI-ANNUALLY. AFFIRMATIVE ACTION LETTERS ARE MAILED QUARTERLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION WAS FORMED SOLELY AND EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING A PROGRAM FOR THE TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES AND JOURNEYMEN AND PROGRAMS IN FURTHERANCE THEREOF. IT IS TO DEFRAY THE COSTS OF APPRENTICESHIP AND TRAINING PROGRAMS ESTABLISHED UNDER PROVISIONS OF THE COLLECTIVE BARGAINING AGREEMENT BETWEEN INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW) LOCAL NO. 265 AND THE NEBRASKA CHAPTER OF THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (NECA).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE RETURN BEFORE THE TRAINING DIRECTOR SIGNS IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE ORGANIZATION'S PRINCIPAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 12, PART XII, LINE 2C
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0712073
IRS990/TotalAssetsEOYAmt0821581
IRS990/TotalAssetsGrp/BOYAmt0712073
IRS990/TotalAssetsGrp/EOYAmt0821581
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0217041
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0266667
IRS990/TotalFunctionalExpensesGrp/TotalAmt0483708
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010980
IRS990/TotalLiabilitiesEOYAmt013308
IRS990/TotalLiabilitiesGrp/BOYAmt010980
IRS990/TotalLiabilitiesGrp/EOYAmt013308
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0701093
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0808273
IRS990/TotalOtherCompensationAmt013930
IRS990/TotalProgramServiceExpensesAmt0266667
IRS990/TotalProgramServiceRevenueAmt0579447
IRS990/TotalReportableCompFromOrgAmt079106
IRS990/TotalRevenueGrp/ExclusionAmt07849
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0583039
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0590888
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0712073
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0821581
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01415 OLD FARM ROAD
IRS990/USAddress/CityNm0LINCOLN
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068512
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROY LAMB II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRAINING DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05317393560
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LINCOLN ELECTRICAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CONTRACTORS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LINC
ReturnHeader/Filer/EIN0470461460
ReturnHeader/Filer/PhoneNum04024234519
ReturnHeader/Filer/USAddress/AddressLine1Txt01415 OLD FARM ROAD
ReturnHeader/Filer/USAddress/CityNm0LINCOLN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068512
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470526649
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANA F COLE & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01248 O ST STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINCOLN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0685081424
ReturnHeader/PreparerPersonGrp/PhoneNum04024799300
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN BRUNS
ReturnHeader/ReturnTs02025-02-10T17:48:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$821,581
Liabilities
$13,308
Net assets
$808,273
Revenue
$590,888
Expenses
$483,708
Net income
$107,180
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.02$1.15$0.87$0.52$0.34
2024Detailed filing. Detailed filing data is available for this year.$0.82$0.01$0.81$0.59$0.48$0.11
2023Summary only. Only limited summary data is available for this year.$0.71$0.01$0.70$0.49$0.40$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.02$0.61$0.47$0.39$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.02$0.53$0.36$0.34$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.01$0.51$0.35$0.35$0.00
2019Summary only. Only limited summary data is available for this year.$0.52$0.01$0.51$0.38$0.35$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.01$0.47$0.38$0.33$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.01$0.42$0.32$0.30$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.41$0.32$0.29$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.37$0.27$0.22$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.24$0.22$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.01$0.30$0.24
2012Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$0.29$0.22$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.01$0.17$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.01$0.12$0.19$0.18$0.01