Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd: Steady Growth, Strong Program Focus
EIN: 222103358 · N Brunswick, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $693K |
| Program Spending | 80% |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd Form 990, Revenue, CEO Pay, and IRS Filing Signals
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $837K and expenses of $693K.
Revenue and Expenses
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd reported $837K in revenue and $693K in expenses, a surplus of $143K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 3 strengths are shown from structured and AI review.
Is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $555K (80%) |
Across stored filings, Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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N Brunswick, NJ nonprofitsFollow the Money
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Keep the Investigation Moving
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd (EIN: 222103358) is a nonprofit organization based in N Brunswick, NJ. The organization reported total revenue of $2.5M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is a mid-size nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $837K |
| Total Expenses | $693K |
| Surplus / Deficit | +$143K |
| Total Assets | $2.9M |
| Total Liabilities | $38K |
| Net Assets | $2.9M |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 51.0 months |
Financial Health Grade: A
In 2023, Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd reported a surplus of $143K with revenue exceeding expenses, holds 51.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.5% | +2.8% | +6.4% |
| 2022 | -6.2% | +34.1% | -4.9% |
| 2021 | -21.3% | -13.7% | +11.0% |
| 2020 | +21.4% | -8.1% | +19.2% |
| 2019 | -27.3% | -4.4% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $143K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd:
- Consistent revenue generation and asset growth over the past several years.
- Strong financial position with assets significantly exceeding liabilities.
- Likely high program spending given the nature of an apprenticeship and training fund.
Frequently Asked Questions about Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd
Is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd a legitimate charity?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd (EIN: 222103358) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd spend its money?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd tax-deductible?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is registered as a tax-exempt nonprofit (EIN: 222103358). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's spending goes to programs?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd located?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is headquartered in N Brunswick, New Jersey and files with the IRS under EIN 222103358.
How many years of IRS 990 filings does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd have?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.5M in total revenue.
What does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd do?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is a nonprofit organization in the Unknown sector, located in N Brunswick, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd have?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd reported total revenue of $2,488,331. Based on 12 IRS 990 filings on record.
What are Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's total assets?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd holds total assets of $4,096,696 as reported in IRS 990 filings.
Where is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd located?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is based in N Brunswick, New Jersey.
What is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's EIN?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's Employer Identification Number (EIN) is 222103358. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is classified under NTEE code Unknown (Unknown).
Is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd a registered 501(c)(3)?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd appears in IRS records (EIN: 222103358). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd file IRS Form 990?
Yes, Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's revenue in 2023?
In the 202306 filing period, Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd reported total revenue of $836,820, total expenses of $693,435, and net assets of $2,949,459.
Is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's revenue growing or declining?
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's revenue is growing. Revenue went from $689,020 (202206) to $836,820 (202306), a +21.5% change. Based on 12 filings on record.
What is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's most recent 990 filing?
The most recent IRS Form 990 filing for Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd covers tax period 202306. It shows revenue of $836,820, expenses of $693,435, total assets of $2,949,459, and liabilities of $38,047.
How much does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd spend on programs vs administration?
Based on IRS 990 analysis, Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd a trustworthy charity?
Based on AI analysis of IRS 990 data, Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's strengths?
Positive indicators for Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd include: Consistent revenue generation and asset growth over the past several years.. Strong financial position with assets significantly exceeding liabilities.. Likely high program spending given the nature of an apprenticeship and training fund.. These findings are derived from AI analysis of the organization's financial filings.
How does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization's investment in training programs directly correlate with local employment rates for electricians?
While the data shows consistent revenue and assets, a direct correlation to local employment rates for electricians would require external labor market data and specific program outcome metrics not present in these financial filings.
Filing History
IRS 990 filing history for Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's revenue has grown by 4%, moving from $805K to $837K. Total assets increased by 118.8% over the same period, from $1.3M to $2.9M. Total functional expenses fell by 19.8%, from $864K to $693K. In its most recent filing year (2023), Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd reported a surplus of $143K, with revenue exceeding expenses. The organization holds $38K in liabilities against $2.9M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $837K | $693K | $2.9M | $38K | — | — |
| 2022 | $689K | $675K | $2.8M | $40K | — | View 990 |
| 2021 | $735K | $503K | $2.9M | $20K | — | View 990 |
| 2020 | $933K | $583K | $2.6M | $84K | — | View 990 |
| 2019 | $769K | $634K | $2.2M | $9K | — | View 990 |
| 2018 | $1.1M | $663K | $2.1M | $26K | — | View 990 |
| 2017 | $949K | $592K | $1.7M | $5K | — | — |
| 2016 | $794K | $601K | $1.4M | $88K | — | View 990 |
| 2015 | $852K | $854K | $1.2M | $83K | — | View 990 |
| 2014 | $837K | $1.1M | $1.3M | $182K | — | View 990 |
| 2013 | $841K | $697K | $1.5M | $142K | — | View 990 |
| 2012 | $805K | $864K | $1.3M | $133K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $837K, expenses of $693K, and assets of $2.9M (revenue +21.5% year-over-year).
- 2022: Revenue of $689K, expenses of $675K, and assets of $2.8M (revenue -6.2% year-over-year).
- 2021: Revenue of $735K, expenses of $503K, and assets of $2.9M (revenue -21.3% year-over-year).
- 2020: Revenue of $933K, expenses of $583K, and assets of $2.6M (revenue +21.4% year-over-year).
- 2019: Revenue of $769K, expenses of $634K, and assets of $2.2M (revenue -27.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $663K, and assets of $2.1M (revenue +11.4% year-over-year).
- 2017: Revenue of $949K, expenses of $592K, and assets of $1.7M (revenue +19.6% year-over-year).
- 2016: Revenue of $794K, expenses of $601K, and assets of $1.4M (revenue -6.8% year-over-year).
- 2015: Revenue of $852K, expenses of $854K, and assets of $1.2M (revenue +1.8% year-over-year).
- 2014: Revenue of $837K, expenses of $1.1M, and assets of $1.3M (revenue -0.4% year-over-year).
- 2013: Revenue of $841K, expenses of $697K, and assets of $1.5M (revenue +4.4% year-over-year).
- 2012: Revenue of $805K, expenses of $864K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd:
Data Sources and Methodology
This transparency report for Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.