JOINT APPRENTICE TRAINING COMMITTEE OF THE ELEVATOR INDUSTRY

EIN: 222188264

LONG ISLAND CITY, NY

Total Revenue
$972,651
Total Expenses
$1,219,056
Total Assets
$402,844
Net Assets
$-966,990
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NY
Principal Officer
DIMETHEA HOLLOMAN
Phone
2126890789
Tax Period
2024-01-01 to 2024-12-31

JOINT APPRENTICE TRAINING COMMITTEE OF THE ELEVATOR INDUSTRY, founded in 1988, is a small nonprofit that reported $973K in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 25% operating deficit.

Mission

THE JATC PROVIDES APPRENTICESHIP AND TRAINING PROGRAMS FOR EMPLOYEES OF THE ELEVATOR INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $517,162 Revenue: $972,651

OPERATE APPRENTICESHIP AND TRAINING PROGRAMS FOR THE BENEFIT OF PERSONS DESIRING TO BECOME SKILLED AND COMPETENT EMPLOYEES OF THE ELEVATOR INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $955,052
Program Service Revenue $17,599
Investment Income $0
Other Revenue $0
TOTAL REVENUE $972,651

Expense Breakdown

Grants Paid $0
Salaries & Benefits $407,340
Fundraising Expenses $0
Program Expenses $517,162
Other Expenses $811,716
TOTAL EXPENSES $1,219,056

Year-over-Year Comparison

2024 2023 Change
Revenue $972,651 $967,746 +0.0%
Expenses $1,219,056 $1,043,445 +0.2%
Net Income $-246,405 $-75,699 +2.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$113,157
Total Directors
1
$186,616
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIMETHIA HOLLOMAN DIRECTOR 20.00
Director
$0 $19,247 $186,616
N/A UNION TRUSTEE 0.25
$0 $0 $0
N/A MANAGEMENT TRUSTEE 0.25
$0 $0 $0
N/A UNION TRUSTEE 0.25
$0 $0 $0
N/A MANAGEMENT TRUSTEE 0.25
$0 $0 $0
N/A UNION TRUSTEE 0.25
$0 $0 $27,827
N/A MANAGEMENT TRUSTEE 0.25
$0 $0 $0
LESLIE BELTON RECORDING SECRETARY 20.00
Officer
$0 $11,671 $113,157
SUSANNAH IFILL-WILLIS ADMINISTRATIVE ASSISTANT 20.00
Highest
$0 $11,948 $115,843
LANCE H VAN ARSDALE IT ENGINEER 20.00
Highest
$0 $17,103 $165,828
KAREN CAMPBELL EDRBP PLAN ADMINISTRATOR 20.00
Highest
$0 $23,118 $224,144
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $972,651 $1,219,056 $402,844 $-246,405
2023 $967,746 $1,043,445 $432,674 $-75,699
2022 $904,325 $994,498 $375,057 $-90,173
2021 $934,756 $976,204 $385,247 $-41,448
2020 $380,945 $1,024,118 $411,980 $-643,173
2019 $1,098,672 $1,098,672 $500,671 No data
2018 $909,275 $909,275 $580,630 No data
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