CHATTANOOGA ELECTRICAL JOINT APPRENTICESHIP AND TRAINING CENTER

EIN: 626043424

CHATTANOOGA, TN

Total Revenue
$2,185,535
Total Expenses
$1,567,960
Total Assets
$9,121,157
Net Assets
$9,112,564
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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
1968
Legal Domicile
TN
Principal Officer
GREG OWENS
Phone
4238949053
Tax Period
2023-08-01 to 2024-07-31

CHATTANOOGA ELECTRICAL JOINT APPRENTICESHIP AND TRAINING CENTER, founded in 1968, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $618K, a strong 28% operating margin.

Mission

TO TRAIN AND EDUCATE ELECTRICAL WORKERS TO BE QUALIFIED ELECTRICIANS THROUGH CONTRACTOR CONTRIBUTIONS.

Program Service Accomplishments

Program 1
Expenses: $1,173,194 Revenue: $1,924,766

TRAINED AND EDUCATED ELECTRICAL WORKERS TO BE QUALIFIED ELECTRICIANS THROUGH CONTRACTOR CONTRIBUTIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,924,766
Investment Income $198,969
Other Revenue $61,800
TOTAL REVENUE $2,185,535

Expense Breakdown

Grants Paid $0
Salaries & Benefits $684,699
Fundraising Expenses $0
Program Expenses $1,173,194
Other Expenses $883,261
TOTAL EXPENSES $1,567,960

Year-over-Year Comparison

2023 2022 Change
Revenue $2,185,535 $1,802,745 +0.2%
Expenses $1,567,960 $1,421,858 +0.1%
Net Income $617,575 $380,887 +0.6%
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
6
Employees
25
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
4
$128,434
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELI WATKINS COMMITTEE MEMBER 3.00
Director
$0 $0 $0
DAVID PURSLEY COMMITTEE MEMBER 3.00
Director
$0 $0 $0
STERLING SHELTON COMMITTEE MEMBER 3.00
Director
$0 $0 $0
ALAN TONKIN COMMITTEE MEMBER 3.00
Director
$0 $0 $0
GREG OWENS CHAIRMAN 3.00
Officer Director
$0 $0 $0
CALEB LONG SECRETARY 3.00
Officer Director
$0 $0 $0
MICHAEL VARNELL DIRECTOR 40.00
Officer
$93,307 $27,861 $121,168
JESSICA MCCASKILL TRAINING DIRECTOR 40.00
Officer
$7,266 $0 $7,266
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 No data No data No data No data
2024 $2,185,535 $1,567,960 $9,121,157 $617,575
2023 $1,802,745 $1,421,858 $8,282,321 $380,887
2022 $1,670,748 $1,326,790 $7,838,367 $343,958
2021 $1,587,477 $1,286,232 $7,558,167 $301,245
2020 $1,846,555 $1,300,831 $7,236,315 $545,724
2019 $2,137,732 $1,484,602 $6,691,780 $653,130
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