Overview
What is North Atlantic States Carpenters Training Fund?
The North Atlantic States Carpenters Training Fund is a Massachusetts-based nonprofit organization, specifically located at 13 Holman Rd, Millbury, MA, 01527. With a team of 153 employees, their primary purpose is dedicated to offering training, skill enhancement, and safety education to eligible individuals. Their mission is centered around equipping participants with the necessary skills and safety knowledge to excel in their careers.
Official website here: www.necarpenters.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The North Atlantic States Carpenters Training Fund has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. With a score of 96%, the organization demonstrates excellence specifically in their fiscal practices, scoring a perfect 100% in the Accountability & Finance beacon. This reflects their commitment to transparency and responsible stewardship of funds.
The organization stands out for having a fully independent board, which enhances its governance structure and decision-making processes. Additionally, they have established robust policies such as a conflict of interest policy and a whistleblower policy, further evidencing their dedication to ethical operations. Their financial health is also notable, with a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of their resources is directed towards fulfilling their mission.
While no limitations were highlighted in the data, the focus on financial accountability may overshadow other important aspects of nonprofit effectiveness that are not captured in this rating. Overall, the North Atlantic States Carpenters Training Fund showcases strong governance and financial practices, positioning itself as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is North Atlantic States Carpenters Training Fund legitimate?
North Atlantic States Carpenters Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Atlantic States Carpenters Training Fund 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $514,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,263,786
For more financial information, click here
Official website here: www.necarpenters.org
What is the mission statement of North Atlantic States Carpenters Training Fund?
The North Atlantic States Carpenters Training Fund is dedicated to offering training, skill enhancement, and safety education to eligible individuals. Their primary goal is to elevate the expertise of carpenters and ensure industry safety. Through comprehensive programs, they focus on improving participants' competencies and adherence to safety guidelines. Regular training sessions are conducted to equip carpenters with the latest skills and techniques, thereby enhancing their career prospects. Additionally, the fund prioritizes safety education to prevent work-related accidents and ensure a safe working environment.
Official website here: www.necarpenters.org
What is the revenue of North Atlantic States Carpenters Training Fund?
North Atlantic States Carpenters Training Fund's revenue in 2023 was $21,940,412.
Official website here: www.necarpenters.org
Who are the executives of North Atlantic States Carpenters Training Fund and what are their salaries?
The average compensation at North Atlantic States Carpenters Training Fund during 2023 was $50,839. There are 153 employees at North Atlantic States Carpenters Training Fund.
Here are 32 key members and their salaries:
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- Compensation: $139,039
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- Other: $64,984
Official website here: www.necarpenters.org
Where can I find the form 990 for North Atlantic States Carpenters Training Fund?
North Atlantic States Carpenters Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.necarpenters.org
Learn more at the official website: www.necarpenters.org
Mission Statement of North Atlantic States Carpenters Training Fund
The North Atlantic States Carpenters Training Fund is a nonprofit organization committed to providing training, skill improvement, and safety education to eligible participants. The Fund's primary objective is to equip individuals with the necessary skills and knowledge to excel in the carpentry trade. By investing in the workforce, the organization aims to raise industry standards and foster a safer working environment.
Through its comprehensive training programs, the North Atlantic States Carpenters Training Fund enables participants to acquire both theoretical and practical expertise in carpentry. The curriculum covers various aspects of the trade, ensuring that trainees possess a well-rounded skillset. Moreover, the organization places a significant emphasis on safety education, instilling essential safety practices to prevent accidents and ensure the wellbeing of its trainees.
The North Atlantic States Carpenters Training Fund's mission extends beyond just training. It is a continuous support system that enables participants to flourish in their careers. By focusing on skill improvement, the Fund empowers its trainees to adapt to the ever-evolving demands of the industry and remain competitive. As a result, the organization plays a crucial role in fostering a skilled and adaptable workforce in the carpentry sector.
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Impact
October, 2024
The North Atlantic States Carpenters Training Fund significantly enhances the construction workforce by providing comprehensive training and skill development programs for participants. By focusing on skill improvement and safety education, it ensures that carpenters are well-equipped to meet industry standards and regulations. This commitment to education not only boosts the competencies of individual workers but also elevates the overall quality of construction projects in the region. As a result, the fund plays a crucial role in fostering a safer and more skilled workforce, ultimately contributing to the economic growth and resilience of communities.
This information is meant to be a general summary of North Atlantic States Carpenters Training Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,058,588
- Program Service Revenue: $19,791,800
- Gross Receipts: $21,940,412
Assets and Liabilities:
- Total Assets: $67,025,197
- Total Liabilities: $14,120,407
- Net Assets: $52,904,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$19,072,245
RENT INCOME FROM AFFILIATE
Revenue
$719,555
Organization Details
Founding Year
1979
Principal Officer
Thomas Fischer
Website
www.necarpenters.orgNTEE Category
Code: J220 - Employment
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