Civic Intelligence

Northwest Washington Electrical Industry Joint Apprenticeship &

990 • Fiscal year 2022 • EIN 91-6170495

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 21, 2023

306 Anderson RoadMount Vernon, WA 98273

(360) 428-5080

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

53rd percentile

8.0%

Higher net margin than 53% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

77th percentile

$203,542

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

20th percentile

-9.6%

Faster asset growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

78th percentile

33%

Faster revenue growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$6,303,777

Down $665,730 (-9.6%) from 2021

Net Assets

Down

$6,214,989

Down $377,473 (-5.7%) from 2021

Liabilities

Down

$88,788

Down $288,257 (-76%) from 2021

Revenue

Up

$3,556,890

Up $889,134 (+33%) from 2021

Expenses

Up

$3,271,111

Up $847,298 (+35%) from 2021

Net Income

Up

$285,779

Up $41,836 (+17%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $2,819,946Liabilities 2011: $673,736Net Assets 2011: $2,146,2102011Assets 2012: $2,589,606Liabilities 2012: $665,907Net Assets 2012: $1,923,6992012Assets 2013: $2,446,851Liabilities 2013: $585,408Net Assets 2013: $1,861,4432013Assets 2014: $2,282,027Liabilities 2014: $552,603Net Assets 2014: $1,729,4242014Assets 2015: $2,737,618Liabilities 2015: $501,762Net Assets 2015: $2,235,8562015Assets 2016: $3,223,312Liabilities 2016: $498,095Net Assets 2016: $2,725,2172016Assets 2017: $3,656,993Liabilities 2017: $61,815Net Assets 2017: $3,595,1782017Assets 2018: $4,302,603Liabilities 2018: $73,470Net Assets 2018: $4,229,1332018Assets 2019: $5,076,820Liabilities 2019: $107,345Net Assets 2019: $4,969,4752019Assets 2020: $5,974,879Liabilities 2020: $320,933Net Assets 2020: $5,653,9462020Assets 2021: $6,969,507Liabilities 2021: $377,045Net Assets 2021: $6,592,4622021Assets 2022: $6,303,777Liabilities 2022: $88,788Net Assets 2022: $6,214,9892022Assets 2023: $8,774,411Liabilities 2023: $1,751,446Net Assets 2023: $7,022,9652023Assets 2024: $10,410,193Liabilities 2024: $1,785,399Net Assets 2024: $8,624,7942024Assets 2025: $14,853,777Liabilities 2025: $1,707,405Net Assets 2025: $13,146,3722025

Highlighted filing

2022

Assets$6,303,777
Liabilities$88,788
Net Assets$6,214,989

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,289,686Expenses 2011: $1,481,425Net Income 2011: -$191,7392011Revenue 2012: $1,251,947Expenses 2012: $1,434,333Net Income 2012: -$182,3862012Revenue 2013: $1,274,233Expenses 2013: $1,336,489Net Income 2013: -$62,2562013Revenue 2014: $1,304,566Expenses 2014: $1,436,585Net Income 2014: -$132,0192014Revenue 2015: $2,007,093Expenses 2015: $1,500,661Net Income 2015: $506,4322015Revenue 2016: $2,085,945Expenses 2016: $1,596,584Net Income 2016: $489,3612016Revenue 2017: $2,434,250Expenses 2017: $1,564,289Net Income 2017: $869,9612017Revenue 2018: $2,271,977Expenses 2018: $1,603,914Net Income 2018: $668,0632018Revenue 2019: $2,775,313Expenses 2019: $2,076,608Net Income 2019: $698,7052019Revenue 2020: $3,009,475Expenses 2020: $2,302,060Net Income 2020: $707,4152020Revenue 2021: $2,667,756Expenses 2021: $2,423,813Net Income 2021: $243,9432021Revenue 2022: $3,556,890Expenses 2022: $3,271,111Net Income 2022: $285,7792022Revenue 2023: $4,396,973Expenses 2023: $3,687,580Net Income 2023: $709,3932023Revenue 2024: $6,473,371Expenses 2024: $5,070,348Net Income 2024: $1,403,0232024Revenue 2025: $10,576,416Expenses 2025: $6,337,579Net Income 2025: $4,238,8372025

Highlighted filing

2022

Revenue$3,556,890
Expenses$3,271,111
Net Income$285,779
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 21, 2023
Return Version
2021v4.1
Gross Receipts
$5,022,336
Mission and Program Overview

Mission

Apprenticeship and journeyman education and training in the electrical industry.

Provide apprenticeship and journeyman training as governed by the standards of the National Joint Apprenticeship and Training Committee of the Electrical Industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,468,733$4,441,767▲ $2,973,034
Investments in Publicly Traded Securities$3,123,223$1,148,584▼ $1,974,639
Savings and Temporary Cash Investments$2,043,602$399,375▼ $1,644,227
Accounts Receivable$311,479$296,007▼ $15,472
Prepaid Expenses and Deferred Charges$18,457$14,875▼ $3,582
Inventories for Sale or Use$4,013$3,169▼ $844
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$6,969,507$6,303,777▼ $665,730
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$252,700--
Accounts Payable and Accrued Expenses$124,345$88,788▼ $35,557
Total Liabilities$377,045$88,788▼ $288,257
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,592,462$6,214,989▼ $377,473
Total Net Assets Fund Balance$6,592,462$6,214,989▼ $377,473
Total Liabilities and Net Assets / Fund Balance$6,969,507$6,303,777▼ $665,730

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,785,498$1,788,799$5,574,297
Equipment$148,971$816,856$965,827
Land$424,110-$424,110
Other Land Buildings$83,188$75,194$158,382
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert BartelTraining DirectFT$150,613$52,089$203,542
Aaron CoxInstructorFT$123,325$47,510$169,995
Joshua McKinleyInstructorFT$116,328$47,618$163,946
Todd Albachten-DeGolierInstructorFT$115,408$46,670$162,078
Shane HertelInstructorFT$114,090$46,670$160,760
Douglas SimpsonInstructorFT$114,766$45,432$160,198

Board Members and Trustees

NameTitle
Erik SorensenTrust/Chairman
Barney SmithTrustee
Bruno PadillaTrustee
Cindy AustinTrustee
Craig JonesTrustee
Derek StuurmansTrustee
Steve FerrisTrustee
Randy CurryTrust/Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$250,000
Program Service Revenue
$2,790,473
Investment Income
$260,117
Other Revenue
$256,300
Change in Net Assets
$285,779

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,556,890
Total Revenue per Audited Statements
$3,556,890
Total Revenue per Form 990
$3,556,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,996,036
Other Expenses$1,275,075
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$929,321$202,559-$1,131,880
Other Employee Benefits$217,656$65,921-$283,577
Pension Plan Contributions$216,898$32,251-$249,149
Current Officers, Directors, Trustees, and Key Employees-$203,542-$203,542
Occupancy$137,002$49,926-$186,928
Depreciation Depletion$116,490$42,451-$158,941
Payroll Taxes$93,554$34,334-$127,888
Information Technology$43,386$15,811-$59,197
Conferences and Meetings$23,303$8,492-$31,795
Insurance$23,068$8,406-$31,474
Fees for Services Accounting-$18,533-$18,533
Fees for Services Legal-$14,822-$14,822
Office Expenses$9,853$3,590-$13,443
Travel$9,733$3,547-$13,280
Fees for Services Other-$12,863-$12,863
Other Expenses$5,695$2,075-$7,770
Total Functional Expenses$2,551,988$719,123$0$3,271,111

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,271,111
Total Expenses per Audited Statements$3,271,111
Total Expenses per Form 990$3,271,111
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The tax return is reviewed by the Training Director and Trustee/Chairman before the tax return is signed and filed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Northwest Washington Electrical Industry
EIN
91-6170495
Phone
3604285080
Address
306 Anderson Road, Mount Vernon, WA 98273

Signing Officer

Name
Erik Sorensen
Title
Trustee/Chairman
Signed
2023-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Bartel
Formed
1993
Legal Domicile
Wa
Voting Board Members
8
Independent Board Members
8
Employees
14

Preparer

Firm
Huebner Dooley & Mcginness Ps
Address
1424 NE 155TH ST STE 100, SHORELINE, WA 98155
Preparer
Chris McGinness
Phone
2065228000
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Income Tax Status:The Northwest Washington Electrical Industry Joint Apprenticeship and Training Trust is exempt from federal income taxes under Internal Revenue Code Section 501(c)(3) and, therefore, has made no provision for federal income taxes in the accompanying financial statements. During the years ended June 30, 2022 and 2021, the Trust recorded no unrelated business income and recognized no income tax related interest or penalties.The Trust accounts for tax positions in accordance with FASB Accounting Standards Codification Topic 740, Income Taxes. With few exceptions, the Trust is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed the Trust's tax positions and determined there were no uncertain tax positions as of June 30, 2022 and 2021.

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IRS990/OtherExpensesGrp/Desc0TUITION
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IRS990/OtherExpensesGrp/Desc3Printing and Publications
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income Tax Status:The Northwest Washington Electrical Industry Joint Apprenticeship and Training Trust is exempt from federal income taxes under Internal Revenue Code Section 501(c)(3) and, therefore, has made no provision for federal income taxes in the accompanying financial statements. During the years ended June 30, 2022 and 2021, the Trust recorded no unrelated business income and recognized no income tax related interest or penalties.The Trust accounts for tax positions in accordance with FASB Accounting Standards Codification Topic 740, Income Taxes. With few exceptions, the Trust is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed the Trust's tax positions and determined there were no uncertain tax positions as of June 30, 2022 and 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.9$1.71$13.1$10.6$6.34$4.24
2024Detailed filing. Detailed filing data is available for this year.$10.4$1.79$8.62$6.47$5.07$1.40
2023Detailed filing. Detailed filing data is available for this year.$8.77$1.75$7.02$4.40$3.69$0.71
2022Detailed filing. Detailed filing data is available for this year.$6.30$0.09$6.21$3.56$3.27$0.29
2021Detailed filing. Detailed filing data is available for this year.$6.97$0.38$6.59$2.67$2.42$0.24
2020Detailed filing. Detailed filing data is available for this year.$5.97$0.32$5.65$3.01$2.30$0.71
2019Detailed filing. Detailed filing data is available for this year.$5.08$0.11$4.97$2.78$2.08$0.70
2018Detailed filing. Detailed filing data is available for this year.$4.30$0.07$4.23$2.27$1.60$0.67
2017Detailed filing. Detailed filing data is available for this year.$3.66$0.06$3.60$2.43$1.56$0.87
2016Detailed filing. Detailed filing data is available for this year.$3.22$0.50$2.73$2.09$1.60$0.49
2015Detailed filing. Detailed filing data is available for this year.$2.74$0.50$2.24$2.01$1.50$0.51
2014Detailed filing. Detailed filing data is available for this year.$2.28$0.55$1.73$1.30$1.44$0.13
2013Summary only. Only limited summary data is available for this year.$2.45$0.59$1.86$1.27$1.34$0.06
2012Summary only. Only limited summary data is available for this year.$2.59$0.67$1.92$1.25$1.43$0.18
2011Summary only. Only limited summary data is available for this year.$2.82$0.67$2.15$1.29$1.48$0.19