Quad-City Electrical Joint Apprenticeship & Training Program FY2023 filing
Administers electrical industry apprenticeships through a union and employer plan. For fiscal year 2023 it reported $993K in revenue, $920K in expenses, and $1.7M in net assets.Pt I
- Founded
- 1984
- Type
- Public charity (501(c)(3)) · Education
- Location
- Moline, IL
- Website
- www.knowwatt.org
- Filings
- 6 on file (2020–2023)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Training and education for apprentices and journeymen electricians.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Terry Van Hook’s $106K as Training Dir is at the 36th percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Terry Van Hook | $106,481 | $94,313 | $87,360 | $61,258 | — | — |
| Michael Ellison | — | — | — | $12,102 | $87,519 | $85,714 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 52% | — | — |
| Overhead ratio | 48% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 13% | — | — |
| Investment management fee ratio | <0.01% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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