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Lincoln Electric Contractors Assoc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470461460 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

Overview

What is Lincoln Electric Contractors Assoc?

Lincoln Electric Contractors Assoc is a nonprofit organization situated in Lincoln, Nebraska. Its primary mission is to offer training and apprenticeship opportunities for individuals interested in learning the electrical trade. This association was established to support the education and development of electrical apprentices and journeyworkers, by covering the expenses associated with apprenticeship and training programs, which are established under the collective bargaining agreement between the International Brotherhood of Electrical Workers (IBEW) Local No. 265 and the Nebraska Chapter of the National Electrical Contractors Association (NECA). The organization employs a team of five individuals, dedicated to this purpose.


Official website here: www.none

Is Lincoln Electric Contractors Assoc legitimate?

Lincoln Electric Contractors Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Electric Contractors Assoc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $71,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,293

For more financial information, click here


Official website here: www.none

What is the mission statement of Lincoln Electric Contractors Assoc?

The Lincoln Electric Contractors Association was established with a singular purpose: to support a program for the education and training of electrical apprentices and journeymen. This association aims to offset the expenses associated with the apprenticeship and training programs that have been established under the provisions of the collective bargaining agreement between the International Brotherhood of Electrical Workers (IBEW) Local No. 265 and the Nebraska Chapter of the National Electrical Contractors Association (NECA). The primary objective of the Association is to enhance the skills and knowledge of electrical workers, thereby contributing to their professional development.


Official website here: www.none

Who is the CEO of Lincoln Electric Contractors Assoc?

Roy Lamb Ii is the Chairman of Lincoln Electric Contractors Assoc.


Official website here: www.none

What is the revenue of Lincoln Electric Contractors Assoc?

Lincoln Electric Contractors Assoc's revenue in 2022 was $473,109.


Official website here: www.none

Who are the executives of Lincoln Electric Contractors Assoc and what are their salaries?

The average compensation at Lincoln Electric Contractors Assoc during 2022 was $22,440. There are 5 employees at Lincoln Electric Contractors Assoc.

Here are 7 key members and their salaries:

    Roy Lamb Ii (Training Dir)
  • Compensation: $72,669
  • Related: $0
  • Other: $13,721

    • Sam Pulec (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Whitmer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Strunk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Amen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Emerson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Scheel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Lincoln Electric Contractors Assoc?

    The Lincoln Electric Contractors Assoc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Lincoln Electric Contractors Assoc

    Lincoln Electric Contractors Association was established with a singular purpose: to support the education and training of electrical apprentices and journeymen. Their mission is to subsidize the expenses associated with apprenticeship and training programs, which are implemented under the provisions of the collective bargaining agreement between the International Brotherhood of Electrical Workers (IBEW) Local No. 265 and the Nebraska Chapter of the National Electrical Contractors Association (NECA). By providing financial assistance, Lincoln Electric Contractors Association plays a vital role in fostering the development of skilled electrical workers, thereby contributing to the industry's growth and advancement.

    Impact

    This information is meant to be a general summary of Lincoln Electric Contractors Assoc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Lincoln Electric Contractors Assoc's impact is focused on providing valuable training and apprenticeship opportunities for individuals looking to enter the electrical trade industry. By supporting programs for the education of electrical apprentices and journeymen, the association plays a crucial role in developing skilled workers in this field. Additionally, it helps defray the costs of apprenticeship and training programs established through a collective bargaining agreement between the International Brotherhood of Electrical Workers (IBEW) Local No. 265 and the Nebraska Chapter of the National Electrical Contractors Association (NECA). This commitment to education and training contributes to the growth and sustainability of the electrical workforce, ensuring a steady supply of qualified professionals in the industry.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $837
  • Program Service Revenue: $471,231
  • Gross Receipts: $473,109

    • Assets and Liabilities:
  • Total Assets: $628,501
  • Total Liabilities: $17,056
  • Net Assets: $611,445
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER SUPPORT

    Revenue

    $349,530

    APPRENTICE FEES & REIMBURSE

    Revenue

    $77,713

    GRANT FOR PROGRAM SERVICES

    Revenue

    $42,034

    CONTINUING EDUCATION CLASSES

    Revenue

    $1,954

    Organization Details

    Founding Year

    1959

    Principal Officer

    Roy Lamb Ii

    Main Address

    1415 OLD FARM ROAD, LINCOLN, NE, 68512

    Website

    www.none

    NTEE Category

    Code: B29 - Education

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