RACINE AREA ELECTRICAL WORKERS JOINT APPRENTICESHIP AND TRAINING TRUST FUND

EIN: 237098855

MADISON, WI

Total Revenue
$1,613,061
Total Expenses
$271,015
Total Assets
$1,639,731
Net Assets
$1,639,731
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
WI
Principal Officer
RJ DATT
Phone
6082213321
Tax Period
2024-08-01 to 2025-07-31

RACINE AREA ELECTRICAL WORKERS JOINT APPRENTICESHIP AND TRAINING TRUST FUND, founded in 1971, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. The organization ran a surplus of $1.3M, a strong 83% operating margin.

Mission

SUPPORT PROGRAMS FOR THE TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES, JOURNEYMEN AND OTHER PARTICIPANTS.

Program Service Accomplishments

Program 1

THE TRUST FUND PROVIDED PROGRAMS FOR EDUCATING AND TRAINING PARTICIPANTS, APPRENTICES, JOURNEY-LEVEL WORKER ELECTRICIANS, AND ALL OTHER ELECTRICIAN CLASSIFICATIONS COVERED BY THE COLLECTIVE...

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THE TRUST FUND PROVIDED PROGRAMS FOR EDUCATING AND TRAINING PARTICIPANTS, APPRENTICES, JOURNEY-LEVEL WORKER ELECTRICIANS, AND ALL OTHER ELECTRICIAN CLASSIFICATIONS COVERED BY THE COLLECTIVE BARGAINING AGREEMENT. TRAINING WAS PROVIDED FOR APPROXIMATELY FORTY FOUR (44) APPRENTICES AND ONE-HUNDRED-EIGHTY-EIGHT (188) PARTICIPANTS, JOURNEY-LEVEL WORKER ELECTRICIANS, AND ALL OTHER ELECTRICIAN CLASSIFICATIONS COVERED BY THE COLLECTIVE BARGAINING AGREEMENT DURING THE YEAR. THE TRUST FUND ALSO PROVIDED TRAINING TO TWO (2) INSTRUCTORS THROUGH INSTRUCTOR IMPROVEMENT AND TRAINING COURSES AND THREE (3) COMMITTEE MEMBERS THROUGH A CONFERENCE AND TRAINING COURSE(S).

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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 $0
Program Service Revenue $1,595,062
Investment Income $17,999
Other Revenue $0
TOTAL REVENUE $1,613,061

Expense Breakdown

Grants Paid $0
Salaries & Benefits $168,133
Fundraising Expenses $0
Other Expenses $102,882
TOTAL EXPENSES $271,015

Year-over-Year Comparison

2024 2023 Change
Revenue $1,613,061 N/A N/A
Expenses $271,015 N/A N/A
Net Income $1,342,046 $0 N/A
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

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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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RJ DATT CHAIRMAN 1.00
Officer Director
$0 $0 $0
CHARLEY BRANDT SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN PAULICK TRUSTEE 1.00
Director
$0 $0 $0
NICK FICK TRUSTEE 1.00
Director
$0 $0 $0
NICK PETRI TRUSTEE 1.00
Director
$0 $0 $0
TONY ARNOE TRUSTEE 1.00
Director
$0 $0 $0
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
2025 $1,613,061 $271,015 $1,639,731 $1,342,046
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