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Operating Engineers Local 478 Training And Skill Improvement Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060899313 ✦ Hamden, CT ✦ Designated as a 501(c)(3)

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Overview

What is Operating Engineers Local 478 Training And Skill Improvement Fund?

Operating Engineers Local 478 Training and Skill Improvement Fund is a nonprofit organization based in Hamden, Connecticut. With a workforce of 37 individuals, its primary mission is to offer training, skill enhancement, and safety education to eligible participants. By providing such educational resources, the organization aims to improve the competence and safety of its members in the operating engineering field. The specific activities of the fund are geared towards equipping participants with the necessary skills and knowledge to excel in their respective roles, ultimately contributing to their professional growth and the betterment of the industry as a whole.


Official website here: www.local478.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Operating Engineers Local 478 Training And Skill Improvement Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting a score of 96%. This rating highlights the organization’s strong commitment to accountability and financial transparency. The organization has demonstrated exemplary governance with a fully independent board and effective oversight mechanisms in place, ensuring that funds are managed responsibly.

The fund shows a robust financial health with a low liabilities-to-assets ratio of 3.49%, indicating effective management of resources. Additionally, the program expense ratio is high at 76.47%, which suggests that a significant portion of the funds is directed towards fulfilling its mission of training and skill improvement. This focus on programmatic spending may enhance the impact of their initiatives on the workforce.

No significant limitations or issues were noted in the data, showcasing a well-managed organization that emphasizes ethical practices, including a whistleblower policy and conflict of interest protocols. Overall, the Operating Engineers Local 478 Training And Skill Improvement Fund appears to be a highly credible and effective nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Operating Engineers Local 478 Training And Skill Improvement Fund legitimate?

Operating Engineers Local 478 Training And Skill Improvement Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Local 478 Training And Skill Improvement 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: $280,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,057,951

For more financial information, click here


Official website here: www.local478.org

What is the mission statement of Operating Engineers Local 478 Training And Skill Improvement Fund?

The Operating Engineers Local 478 Training and Skill Improvement Fund is committed to providing training, enhancing skills, and promoting safety education to eligible participants. This non-profit organization's primary objective is to equip individuals with the necessary knowledge and skills to perform their jobs safely and effectively. Through various programs and courses, it aims to foster personal and professional growth, ultimately contributing to the betterment of the workforce in the industry. The fund also focuses on promoting safe working practices to prevent accidents and injuries, thereby ensuring a safer work environment for all participants.


Official website here: www.local478.org

Who is the CEO of Operating Engineers Local 478 Training And Skill Improvement Fund?

Dorothy Siniscalchi is the Union Trustee of Operating Engineers Local 478 Training And Skill Improvement Fund.


Official website here: www.local478.org

What is the revenue of Operating Engineers Local 478 Training And Skill Improvement Fund?

Operating Engineers Local 478 Training And Skill Improvement Fund's revenue in 2022 was $4,089,557.


Official website here: www.local478.org

Who are the executives of Operating Engineers Local 478 Training And Skill Improvement Fund and what are their salaries?

The average compensation at Operating Engineers Local 478 Training And Skill Improvement Fund during 2022 was $36,167. There are 37 employees at Operating Engineers Local 478 Training And Skill Improvement Fund.


Here are 9 key members and their salaries:


Christopher Cozzi (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ric Suzio (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Shubert (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Swick (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Siniscalchi (Executive Dir.)
  • Compensation: $0
  • Related: $216,992
  • Other: $93,891
Charles Crook (Instructor)
  • Compensation: $132,628
  • Related: $0
  • Other: $96,783
John Daddona (Instructor)
  • Compensation: $125,815
  • Related: $0
  • Other: $94,192
Winfield Cheske (Instructor)
  • Compensation: $111,999
  • Related: $0
  • Other: $90,717
Gregg Strede (Instructor/Training Dir.)
  • Compensation: $171,897
  • Related: $0
  • Other: $108,331


Official website here: www.local478.org

Where can I find the form 990 for Operating Engineers Local 478 Training And Skill Improvement Fund?

Operating Engineers Local 478 Training And Skill Improvement Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.local478.org

Learn more at the official website: www.local478.org

Mission Statement of Operating Engineers Local 478 Training And Skill Improvement Fund

Operating Engineers Local 478 Training and Skill Improvement Fund is committed to providing eligible participants with vital training, skill improvement, and safety education. This nonprofit organization's mission is to equip individuals with the necessary knowledge and abilities to excel in their respective fields, thereby ensuring their safety and professional growth. By offering a comprehensive curriculum, the Fund aims to empower its participants, enabling them to contribute positively to their industries and communities.

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Impact




July, 2024

Operating Engineers Local 478 Training And Skill Improvement Fund has a significant impact on the workforce by providing training, skill improvement, and safety education to eligible participants. This ensures that workers in the field are equipped with the necessary knowledge and expertise to perform their jobs effectively and safely. By investing in the development of these essential skills, the fund contributes to the overall productivity and success of workers in the industry.




This information is meant to be a general summary of Operating Engineers Local 478 Training And Skill Improvement 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.

Revenue
$4,089,557 (2022)
Expenses
$3,729,155 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $66,575
  • Program Service Revenue: $3,915,474
  • Gross Receipts: $4,089,557

Assets and Liabilities:

  • Total Assets: $9,600,701
  • Total Liabilities: $335,526
  • Net Assets: $9,265,175

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$3,915,474

Organization Details

Founding Year

1972

Principal Officer

Dorothy Siniscalchi

Main Address

1965 DIXWELL AVE, HAMDEN, CT, 06514

NTEE Category

Code: J200 - Employment

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