ALAMEDA COUNTY ELECTRICAL INDUSTRY APPRENTICESHIP AND TRAINING TRUST

EIN: 941545856 501(c)(3) Education

SAN LEANDRO, CA

Total Revenue
$3,294,044
Total Expenses
$2,954,820
Total Assets
$6,344,819
Net Assets
$5,981,482
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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
1964
Legal Domicile
CA
Principal Officer
GREG ARMSTRONG
Phone
5102810721
Tax Period
2024-06-01 to 2025-05-31

ALAMEDA COUNTY ELECTRICAL INDUSTRY APPRENTICESHIP AND TRAINING TRUST, founded in 1964, is a community nonprofit in the Education sector that reported $3.3M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $3.0M left a modest 10% surplus.

Mission

TO PROVIDE A PROGRAM FOR THE EDUCATION OF APPRENTICES AND SUPPLEMENT EDUCATION OF 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 $929,410
Program Service Revenue $2,252,911
Investment Income $102,773
Other Revenue $8,950
TOTAL REVENUE $3,294,044

Expense Breakdown

Grants Paid $117,966
Salaries & Benefits $1,920,277
Fundraising Expenses $0
Program Expenses $2,057,892
Other Expenses $916,577
TOTAL EXPENSES $2,954,820

Year-over-Year Comparison

2024 2023 Change
Revenue $3,294,044 $3,741,497 -0.1%
Expenses $2,954,820 $2,544,375 +0.2%
Net Income $339,224 $1,197,122 -0.7%
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
8
Independent Members
4
Employees
48
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON BATES TRAINING DIRECTOR 40.0
Highest
$208,730 $84,473 $293,203
JOSHUA GLEAVE LEAD DAY SCHOOL INSTRUCTOR 40.0
Highest
$184,053 $84,473 $268,526
RUSSELL CLAY ASST TRAINING DIRECTOR 40.0
Highest
$180,578 $84,473 $265,051
GREG ARMSTRONG TRUSTEE 1.0
Director
$0 $0 $0
SCOTT MULLINS TRUSTEE 1.0
Director
$0 $0 $0
BRIDGET HALL TRUSTEE 1.0
Director
$0 $0 $0
JASON GUMATAOTAO TRUSTEE 1.0
Director
$0 $0 $0
MIKE BOEHMER TRUSTEE 1.0
Director
$0 $0 $0
EARL HAMPTON TRUSTEE 1.0
Director
$0 $0 $0
GREG BONATO TRUSTEE 1.0
Director
$0 $0 $0
JASON ALVAREZ TRUSTEE 1.0
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 $3,294,044 $2,954,820 $6,344,819 $339,224
2024 $3,741,497 $2,544,375 $6,143,251 $1,197,122
2023 $3,141,911 $2,551,838 $4,877,519 $590,073
2022 $3,234,302 $2,375,026 $4,317,086 $859,276
2021 $3,130,978 $2,465,642 $3,740,671 $665,336
2020 $2,861,410 $2,501,741 $2,826,237 $359,669
2019 $2,564,038 $2,431,066 $2,351,670 $132,972
2018 $2,609,485 $2,163,259 $2,220,185 $446,226
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