Overview
What is Plumbers Local 12 Education Fund?
Plumbers Local 12 Education Fund is a nonprofit organization dedicated to educating and training union members in the plumbing industry. Over a five-year period, they offer an apprenticeship program, equipping both men and women with essential plumbing skills. Furthermore, the fund provides courses to enhance the abilities of journeymen plumbers, ensuring they maintain up-to-date knowledge in their field. The primary mission of Plumbers Local 12 Education Fund is to empower its members with the necessary skills to excel in the plumbing industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Plumbers Local 12 Education Fund has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored exceptionally well in various categories, particularly in Accountability & Finance, where it received a perfect score in areas such as independent board composition and financial audits.
The education fund demonstrates strong governance practices, with all board members being independent and a clear conflict of interest policy in place. Additionally, the organization maintains a low liabilities-to-assets ratio, showcasing its financial stability. The majority of its expenses are directed towards program services, which underscores its commitment to efficiently utilizing resources.
However, while the overall rating highlights the organization’s strengths, there are no specific limitations or challenges mentioned in the available data. This suggests that the Plumbers Local 12 Education Fund is operating effectively within its mission and financial management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Plumbers Local 12 Education Fund legitimate?
Plumbers Local 12 Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plumbers Local 12 Education 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: $224,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $870,710
For more financial information, click here
What is the mission statement of Plumbers Local 12 Education Fund?
The Plumbers Local 12 Education Fund is dedicated to imparting knowledge and honing skills in the plumbing industry. Its primary mission is to educate both male and female apprentices through a comprehensive five-year program. Furthermore, the fund offers courses for the enhancement of the skills of existing journeymen in the plumbing sector. In essence, its purpose is to equip and empower individuals in this field, ensuring they are well-equipped to excel in their profession.
Who is the CEO of Plumbers Local 12 Education Fund?
Richard Carter is the Trustee of Plumbers Local 12 Education Fund.
What is the revenue of Plumbers Local 12 Education Fund?
Plumbers Local 12 Education Fund's revenue in 2022 was $4,079,160.
Who are the executives of Plumbers Local 12 Education Fund and what are their salaries?
The average compensation at Plumbers Local 12 Education Fund during 2022 was $42,126. There are 26 employees at Plumbers Local 12 Education Fund.
Here are 21 key members and their salaries:
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- Compensation: $225,876
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- Other: $66,151
Where can I find the form 990 for Plumbers Local 12 Education Fund?
Plumbers Local 12 Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers Local 12 Education Fund
Plumbers Local 12 Education Fund is dedicated to the educational and skill development of individuals working in the plumbing industry. Their primary mission lies in educating both male and female apprentices through a comprehensive five-year program. Beyond this, the fund also offers opportunities for the improvement and upgrading of journeymen's skills in the plumbing sector. By providing a well-rounded educational experience, Plumbers Local 12 Education Fund aims to equip its members with the necessary knowledge and skills to excel in their respective roles within the plumbing industry.
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Impact
July, 2024
Plumbers Local 12 Education Fund plays a crucial role in the plumbing industry by educating and training union members. With a focus on men and women apprentices, the Fund offers a five-year program that equips individuals with the necessary skills and knowledge for a successful career in plumbing. Additionally, courses are provided to help journeymen enhance their skills and stay competitive in the industry. By investing in education and training, Plumbers Local 12 Education Fund significantly contributes to the development of a skilled workforce in the plumbing sector, ultimately leading to increased employment opportunities for its members.
This information is meant to be a general summary of Plumbers Local 12 Education 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 2022.
- Investment Income: $246,819
- Program Service Revenue: $3,786,053
- Gross Receipts: $4,120,422
Assets and Liabilities:
- Total Assets: $9,296,863
- Total Liabilities: $326,249
- Net Assets: $8,970,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,786,053
Organization Details
Founding Year
1980
Phone
(617) 288-1010Principal Officer
Richard Carter
Main Address
1240 MASSACHUSETTS AVENUE, BOSTON, MA, 02125
NTEE Category
Code: J40I - Employment
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