Northwest Washington Electrical Industry Joint Apprenticeship & Training Trust

EIN: 916170495 501(c)(3) Education

Mount Vernon, WA

Total Revenue
$6,473,371
Total Expenses
$5,070,348
Total Assets
$10,410,193
Net Assets
$8,624,794
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
WA
Principal Officer
Robert Bartel
Phone
3604285080
Tax Period
2023-07-01 to 2024-06-30

Northwest Washington Electrical Industry Joint Apprenticeship & Training Trust, founded in 1993, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 22% operating margin.

Mission

Provide apprenticeship and journeyman training as governed by the standards of the National Joint Apprenticeship and Training Committee of 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 (2023)

Revenue Breakdown

Contributions & Grants $212,924
Program Service Revenue $6,187,764
Investment Income $60,933
Other Revenue $11,750
TOTAL REVENUE $6,473,371

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,470,171
Fundraising Expenses $0
Program Expenses $3,911,029
Other Expenses $2,600,177
TOTAL EXPENSES $5,070,348

Year-over-Year Comparison

2023 2022 Change
Revenue $6,473,371 $4,396,973 +0.5%
Expenses $5,070,348 $3,687,580 +0.4%
Net Income $1,403,023 $709,393 +1.0%
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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Governance

Voting Members
8
Independent Members
8
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
$221,821
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Bartel Training Direct 40.00
Officer
$164,861 $56,960 $221,821
Stacy Bosman Asst Train Direct 40.00
$136,749 $53,053 $189,802
Danielle Morse Instructor 40.00
$125,125 $51,407 $176,532
Douglas Simpson Instructor 40.00
$124,346 $49,919 $174,265
Isaac Lemons Instructor 40.00
$122,180 $51,407 $173,587
Todd Albachten-DeGolier Instructor 40.00
$122,334 $50,640 $172,974
Craig Jones Past Trustee 2.00
Director
$0 $0 $0
Cindy Austin Trustee 2.00
Director
$0 $0 $0
Bruno Padilla Trustee 2.00
Director
$0 $0 $0
Derek Stuurmans Trustee 2.00
Director
$0 $0 $0
Randy Curry Trust/Secretary 2.00
Officer Director
$0 $0 $0
Erik Sorensen Trust/Chairman 2.00
Officer Director
$0 $0 $0
Barney Smith Trustee 2.00
Director
$0 $0 $0
Steve Ferris Past Trustee 2.00
Director
$0 $0 $0
Jeremy Chase Trustee 2.00
Director
$0 $0 $0
Jim Sasken 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 No data No data No data No data
2024 $6,473,371 $5,070,348 $10,410,193 $1,403,023
2023 $4,396,973 $3,687,580 $8,774,411 $709,393
2022 $3,556,890 $3,271,111 $6,303,777 $285,779
2021 $2,667,756 $2,423,813 $6,969,507 $243,943
2020 $3,009,475 $2,302,060 $5,974,879 $707,415
2019 $2,775,313 $2,076,608 $5,076,820 $698,705
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