Overview
What is Asbestos Workers Local 6 Apprenticeship Fund?
The Asbestos Workers Local 6 Apprenticeship Fund, located at 1 Battery March Park 317, Quincy, MA 02169, is a nonprofit organization dedicated to providing education and training for eligible apprentices and journeyworkers within their union. With a small team of seven individuals, this fund is committed to fostering the professional growth of its union members, ensuring they acquire the necessary skills and knowledge to excel in their respective fields. The organization's primary mission is to equip and empower its union members, ultimately contributing to the advancement of the asbestos workers' industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Asbestos Workers Local 6 Apprenticeship Fund has received a 79% rating from Charity Navigator, which translates to a Three-Star designation. This rating reflects the organization's accountability and financial management practices, demonstrating a solid performance in these areas. The organization scored particularly well on financial oversight and policy adherence, indicating a strong commitment to transparency and responsible stewardship of resources.
Strengths of the organization include a perfect score in several key accountability metrics, such as financial statements and the absence of material asset diversion. Additionally, the Fund has established comprehensive policies, including conflict of interest and whistleblower protections, which contribute to its overall governance structure. The high program expense ratio of 86.05% suggests that a significant portion of its funds is directed toward its programs, benefiting its mission.
While the organization has shown robust financial practices, the overall rating suggests there may be room for improvement in other areas that could enhance its overall impact and effectiveness. However, the current performance reflects a solid foundation of accountability and financial health that serves its apprenticeship mission well.
This AI summary has been generated from information found on Charity Navigator.
Is Asbestos Workers Local 6 Apprenticeship Fund legitimate?
Asbestos Workers Local 6 Apprenticeship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbestos Workers Local 6 Apprenticeship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,099
For more financial information, click here
What is the mission statement of Asbestos Workers Local 6 Apprenticeship Fund?
The Asbestos Workers Local 6 Apprenticeship Fund is dedicated to providing education and training opportunities for eligible apprentices and journeymen within the union. Their mission is centered around equipping these individuals with the necessary skills and knowledge to excel in their respective trades. By offering comprehensive training programs, the fund aims to support the continuous growth and development of its members, thereby strengthening the union as a whole.
Who is the CEO of Asbestos Workers Local 6 Apprenticeship Fund?
Jeff Saliba is the Union Trustee of Asbestos Workers Local 6 Apprenticeship Fund.
What is the revenue of Asbestos Workers Local 6 Apprenticeship Fund?
Asbestos Workers Local 6 Apprenticeship Fund's revenue in 2022 was $771,055.
Who are the executives of Asbestos Workers Local 6 Apprenticeship Fund and what are their salaries?
The average compensation at Asbestos Workers Local 6 Apprenticeship Fund during 2022 was $24,157. There are 7 employees at Asbestos Workers Local 6 Apprenticeship Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $119,017
- Related: $0
- Other: $97,323
Where can I find the form 990 for Asbestos Workers Local 6 Apprenticeship Fund?
Asbestos Workers Local 6 Apprenticeship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Asbestos Workers Local 6 Apprenticeship Fund
Asbestos Workers Local 6 Apprenticeship Fund is dedicated to providing education and training for eligible apprentices and journeymen within their union. This nonprofit organization's mission is centered around equipping these individuals with the necessary skills and knowledge to excel in their respective fields. By offering comprehensive education and training programs, Asbestos Workers Local 6 Apprenticeship Fund empowers its members to grow professionally, contributing to the broader union and the industry as a whole. Their commitment to continuous learning and skill development reflects their dedication to the success of their union's workforce.
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Impact
July, 2024
The impact of the Asbestos Workers Local 6 Apprenticeship Fund is significant in providing education and training opportunities for eligible apprentices and journeymen of the union. By offering these programs, the fund helps individuals develop the necessary skills and knowledge to excel in their careers within the asbestos workers' industry. This not only benefits the individuals by enhancing their employment prospects and advancement opportunities but also contributes to the overall growth and professionalism of the union. Through its initiatives, the fund plays a crucial role in supporting the development of a skilled workforce in the asbestos workers' sector, ultimately benefiting both workers and the industry as a whole.
This information is meant to be a general summary of Asbestos Workers Local 6 Apprenticeship 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: $3,263
- Program Service Revenue: $766,942
- Gross Receipts: $771,055
Assets and Liabilities:
- Total Assets: $1,594,192
- Total Liabilities: $304,489
- Net Assets: $1,289,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS - EMPLOY
Revenue
$766,942
Organization Details
Founding Year
1950
Phone
(617) 795-4120Principal Officer
Jeff Saliba
Main Address
1 BATTERYMARCH PARK 317, QUINCY, MA, 02169
NTEE Category
Code: J22 - Employment
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