ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST FUND

EIN: 362445742

ALSIP, IL

Total Revenue
$18,594,306
Total Expenses
$13,578,231
Total Assets
$79,074,934
Net Assets
$76,981,905
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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
1960
Legal Domicile
IL
Principal Officer
DONALD FINN
Phone
7083891340
Tax Period
2024-01-01 to 2024-12-31

ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST FUND, founded in 1960, is a mid-sized nonprofit that reported $18.6M in total revenue in fiscal year 2024. The organization ran a surplus of $5.0M, a strong 27% operating margin.

Mission

TO PROVIDE TRAINING EDUCATION FOR APPRENTICES AND JOURNEYMEN IN THE ELECTRICAL 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 $689,840
Program Service Revenue $15,947,109
Investment Income $1,765,382
Other Revenue $191,975
TOTAL REVENUE $18,594,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,866,225
Fundraising Expenses $0
Other Expenses $5,712,006
TOTAL EXPENSES $13,578,231

Year-over-Year Comparison

2024 2023 Change
Revenue $18,594,306 $19,160,960 0.0%
Expenses $13,578,231 $12,480,933 +0.1%
Net Income $5,016,075 $6,680,027 -0.2%
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
10
Independent Members
10
Employees
53
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
$282,683
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD FINN TRUSTEE - CHAIRMAN 1.00
Director
$0 $0 $0
JAMES MCGLYNN TRUSTEE - VICE-CHAIRMAN 1.00
Director
$0 $0 $0
TIMOTHY FITZGIBBONS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT FIMBIANTI TRUSTEE - SECRETARY 1.00
Director
$0 $0 $0
DEAN HINDERMAN TRUSTEE - PAST 1.00
Director
$0 $0 $0
FRANK GURTZ TRUSTEE 1.00
Director
$0 $0 $0
SHIRLEY WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
GARY MISICKA TRUSTEE 1.00
Director
$0 $0 $0
MARCO CALDERON TRUSTEE 1.00
Director
$0 $0 $0
SCOTT BLOCK TRUSTEE 1.00
Director
$0 $0 $0
GEORGE MOSTARDINI TRUSTEE - NEW 1.00
Director
$0 $0 $0
GENE KENT DIRECTOR 40.00
Officer
$206,492 $76,191 $282,683
ANTHONY JACOB COMPTROLLER 40.00
Highest
$190,130 $64,986 $255,116
MAURICE KING DIRECTOR OF COMMUNITY RELA 40.00
Highest
$181,260 $76,191 $257,451
PRISCILLA MUNOZ INSTRUCTOR 40.00
Highest
$162,417 $76,191 $238,608
CARLA CHESTER INSTRUCTOR 40.00
Highest
$159,632 $76,191 $235,823
JAMES NIECESTRO INSTRUCTOR 40.00
Highest
$151,733 $76,191 $227,924
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 $18,594,306 $13,578,231 $79,074,934 $5,016,075
2023 $19,160,960 $12,480,933 $73,395,363 $6,680,027
2022 $17,556,738 $10,869,166 $62,989,419 $6,687,572
2021 $17,610,987 $10,869,773 $57,429,483 $6,741,214
2020 $15,242,154 $11,180,733 $50,272,894 $4,061,421
2019 $16,053,197 $11,636,553 $46,637,468 $4,416,644
2018 $14,209,929 $10,612,081 $41,654,831 $3,597,848
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