INTERNATIONAL BROTHERHOOD OF JOINT APPRENTICESHIP AND TRAINING

EIN: 366456299 501(c)(3)

AURORA, IL

Total Revenue
$1,212,300
Total Expenses
$823,866
Total Assets
$2,106,155
Net Assets
$1,719,167
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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
1974
Legal Domicile
IL
Principal Officer
ERIC LIGHT
Phone
6308977167
Tax Period
2024-06-01 to 2025-05-31

INTERNATIONAL BROTHERHOOD OF JOINT APPRENTICESHIP AND TRAINING, founded in 1974, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $388K, a strong 32% operating margin.

Mission

CONDUCT EDUCATION COURSES AND TRAINING RELATED TO THE ELECTRICAL TRADE.

Program Service Accomplishments

Program 1
Expenses: $472,740

TO CONDUCT EDUCATIONAL COURSES AND TRAINING IN VARIOUS ASPECTS OF THE ELECTRICAL TRADE TO ENSURE THE QUALITY OF ELECTRICIANS WILL MEET PREVAILING STANDARDS.

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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 $1,094,922
Investment Income $23,268
Other Revenue $94,110
TOTAL REVENUE $1,212,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $401,866
Fundraising Expenses $0
Program Expenses $472,740
Other Expenses $422,000
TOTAL EXPENSES $823,866

Year-over-Year Comparison

2024 2023 Change
Revenue $1,212,300 $988,673 +0.2%
Expenses $823,866 $682,709 +0.2%
Net Income $388,434 $305,964 +0.3%
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
6
Independent Members
4
Employees
14
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
3
$476,707
Total Directors
6
$250,159
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC LIGHT TRUSTEE - CH 2.00
Officer Director
$0 $0 $0
JOEL PYLE II TRUSTEE - SE 2.00
Officer Director
$0 $87,685 $245,609
MICHAEL ANGELO TRAINING DIR 42.00
Officer
$143,555 $87,543 $231,098
MATTHEW DICKSON TRUSTEE 2.00
Director
$4,550 $0 $4,550
KEITH FITZGERALD TRUSTEE 2.00
Director
$0 $0 $0
ADAM MARSHALL TRUSTEE 2.00
Director
$0 $0 $0
SHAUN THOMAS TRUSTEE 2.00
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 $1,212,300 $823,866 $2,106,155 $388,434
2024 $988,673 $682,709 $1,902,673 $305,964
2023 $614,657 $626,888 $1,020,523 $-12,231
2022 $701,697 $575,374 $1,039,291 $126,323
2021 $546,995 $629,153 $963,472 $-82,158
2020 $558,045 $641,718 $1,015,231 $-83,673
2019 $673,377 $609,337 $1,099,147 $64,040
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