Public Charity

APPRENTICESHIP EDUCATION AND TRAINING FUND INC

APPRENTICESHIP EDUCATION AND TRAINING FUND INC, of SOMERSET, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $407K in revenue, $231K in expenses, $561K in total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $248K.

EIN: 844631510 SOMERSET, NJ Latest filing: 2024
Total Revenue$407K
Total Expenses$231K
Total Assets$561K
Grants Given3
Grant Total$248K
Filing Years2020–2024

Mission

TO CONDUCT AND HELP FACILITATE CRAFT TRAINING PROGRAMS SPONSORED BY THE NJ INDEPENDENT ELECTRICAL CONTRACTORS, A NONPROFIT TRADE ASSOCIATION TAX EXEMPT UNDER SECTION 501(C)(6) OF THE CODE, FOR INDIVIDUALS WHO ARE SEEKING TO BECOME ELECTRICIANS IN THE ELECTRICAL INDUSTRY. THE PROGRAMS WILL CONSIST OF A MIX OF CLASSROOM INSTRUCTION AND MANUAL TRAINING TAUGHT BY SKILLED INSTRUCTIONS.

Sample Grants Given

SOMERSET, NJ · 2024
SupportforApprenticeshipTrainingSch
$195,000
NJChapterIEC aNJNonprofitCorp
EAST BRUNSWICK, NJ · 2021
SupportforApprenticeshipTrainingSch
$40,250
NJChapterIEC aNJNonprofitCorp
EAST BRUNSWICK, NJ · 2020
SupportforApprenticeshipTrainingSch
$12,500

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

Trustee Brian Berg
Trustee Bruce Kohan
Trustee Joe Coviello
Chairman Joe Esposito
Treasurer Joseph Spinella

Officer compensation and complete director data available with membership.

Top Grant Purposes

SupportforApprenticeshipTrainingSch
$247,750 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $407K $231K $561K
2023 $411K $345K $376K
2022 $133K $317K $298K
2021 $389K $123K $482K
2020 $274K $58K $217K

Between 2020 and 2024, reported annual revenue grew from $274K to $407K (+48%), with total assets most recently reported at $561K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NJ.

NJ

Full geographic grant map with state-by-state breakdown available with membership.

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