CENTRAL VALLEY ELECTRICAL INDUSTRY TRAINING AND EDUCATIONAL TRUST

EIN: 946122275 501(c)(3)

MODESTO, CA

Total Revenue
$1,713,490
Total Expenses
$976,681
Total Assets
$3,722,653
Net Assets
$3,683,644
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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
1971
Legal Domicile
CA
Principal Officer
MICHAEL MENDOZA
Phone
2095245171
Tax Period
2024-01-01 to 2024-12-31

CENTRAL VALLEY ELECTRICAL INDUSTRY TRAINING AND EDUCATIONAL TRUST, founded in 1971, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $737K, a strong 43% operating margin.

Mission

TO PROVIDE A PROGRAM FOR THE EDUCATION OF UNION APPRENTICES AND SUPPLEMENTARY EDUCATION OF UNION JOURNEYMEN IN THE ELECTRICAL INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $641,201

EXPENSES DIRECTLY RELATED TO THE TRAINING OF APPRENTICES AND JOURNEYMEN TO KEEP CURRENT ON WORK METHODS IN THE 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 $395,599
Program Service Revenue $1,266,549
Investment Income $48,314
Other Revenue $3,028
TOTAL REVENUE $1,713,490

Expense Breakdown

Grants Paid $0
Salaries & Benefits $630,409
Fundraising Expenses $0
Program Expenses $641,201
Other Expenses $346,272
TOTAL EXPENSES $976,681

Year-over-Year Comparison

2024 2023 Change
Revenue $1,713,490 $1,562,472 +0.1%
Expenses $976,681 $851,267 +0.1%
Net Income $736,809 $711,205 +0.0%
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

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
5
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
$465,015
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT TAYLOR TRUSTEE 1.0
Director
$0 $70,651 $242,072
MICHAEL MENDOZA TRUSTEE 1.0
Director
$0 $69,892 $216,029
JOHN BROWN TRAINING DIRECTOR 40.0
Highest
$133,553 $59,019 $194,307
DEREK WESSEL INSTRUCTOR 40.0
Highest
$122,646 $59,019 $181,665
LARRY MACHADO ASST TRAINING DIRECTOR 40.0
Highest
$101,414 $48,911 $152,575
TYLER POWELL TRUSTEE 1.0
Director
$0 $0 $4,881
CHRIS WILKINSON TRUSTEE 1.0
Director
$0 $0 $2,033
TROY WELLS TRUSTEE 1.0
Director
$0 $0 $0
SARAH ORGILL TRUSTEE 1.0
Director
$0 $0 $0
RYAN ERION TRUSTEE 1.0
Director
$0 $0 $0
GREG ARMSTRONG 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
2024 $1,713,490 $976,681 $3,722,653 $736,809
2023 $1,562,472 $851,267 $2,975,001 $711,205
2022 $1,037,649 $805,655 $2,336,203 $231,994
2021 $593,005 $772,135 $2,034,551 $-179,130
2020 $811,449 $694,264 $2,224,155 $117,185
2019 $931,177 $638,225 $2,109,419 $292,952
2018 $815,815 $519,630 $1,797,810 $296,185
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