Central Florida Electrical Joint Apprenticeship & Training Committee

“An independent cpa firm audited the financial statements of central florida electrical joint apprenticeship and training committee for the years ended december 31, 2016 and december 31, 2015; respectively. The following footnote is included in the organization's 2016 audited financial statements that reports the organization's liability for uncertain tax provisions under fin 48 (asc 740): the organization is exempt from income taxes under the provisions of section 501(c)(3) of the internal revenue code. Accordingly, there is no provision for income taxes in the accompanying financial statements. Accounting principles generally accepted in the united states of america prescribe requirements for the recognition of income taxes in financial statements, and the amounts recognized are affected by income tax positions taken by the organization in its tax returns. While management believes it has complied with the internal revenue code, the sustainability of some income tax positions taken by the organization in its tax returns may be uncertain. There are minimum thresholds of likelihood that uncertain tax positions are required to meet before being recognized in the financial statements. The organization's status as a tax-exempt entity is defined as a tax position under these requirements. Management does not believe that the organization has any material uncertain tax positions at december 31, 2016. In the event interest and penalties were due relating to an unsustainable tax position, they would be treated as a component of income tax expense. The organization's federal income tax returns are subject to examination by the internal revenue service. At december 31, 2016, the years 2012 through 2016 are subject to examination.”

“Amounts included on form 990, part viii, line 12, but not on line 1 include: - loss from vending sales - $866; and - loss from sales of books & instructional materials - $63,411.”

“Amounts included on form 990, part ix, line 25, but not on line 1 include: - loss from vending sales - $866; and - loss from sales of books & instructional materials - $63,411.”