Overview
What is Iron Workers' Loc 15 & 424 App Tr Fund?
The Iron Workers' Loc 15 & 424 App Tr Fund is a nonprofit organization situated in Cromwell, Connecticut. Its primary focus is to support the training and development of eligible trainees, apprentice iron workers, and journeymen iron workers. Established with this mission, the fund finances various training programs and related activities aimed at enhancing the skills and capabilities of these individuals in the iron working industry. With a team of 47 dedicated employees, this organization plays a crucial role in fostering professional growth and upskilling within the iron working sector.
Official website here: www.ctironworkers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Iron Workers' Loc 15 & 424 App Tr Fund has received an overall rating of 81%, placing it in the Three-Star category on Charity Navigator. This score is solely derived from its Accountability & Finance metrics, which indicate a strong commitment to financial responsibility and transparency. The fund has achieved full marks in several key areas, demonstrating its effective governance and adherence to best practices in nonprofit management.
Strengths of the organization include excellent financial oversight, with a perfect score in audit and oversight committee evaluations, and no reported material diversion of assets. Furthermore, the fund maintains robust policies such as conflict of interest and whistleblower protections, which enhance its accountability. With a high program expense ratio of 93.19%, it shows that most of its expenditures are directed toward programmatic activities, reflecting a commitment to its mission.
While the organization demonstrates strong financial practices, the rating highlights a need for continued monitoring and improvement in overall organizational performance to potentially achieve a higher rating. Nonetheless, the solid accountability and finance score suggests that it operates with a level of integrity and responsibility that donors can trust.
This AI summary has been generated from information found on Charity Navigator.
Is Iron Workers' Loc 15 & 424 App Tr Fund legitimate?
Iron Workers' Loc 15 & 424 App Tr Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Workers' Loc 15 & 424 App Tr 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: $322,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,670
For more financial information, click here
Official website here: www.ctironworkers.org
What is the mission statement of Iron Workers' Loc 15 & 424 App Tr Fund?
The Iron Workers' Loc 15 & 424 App Tr Fund was established with the purpose of providing financial support for training and related programs aimed at eligible trainees, apprentice iron workers, and journeymen iron workers. This fund's mission is to facilitate the growth and development of these individuals in the ironworking trade by offering educational opportunities and related resources. The ultimate goal is to enhance their skills and competencies, thereby contributing to the industry's continued success and advancement.
Official website here: www.ctironworkers.org
Who is the CEO of Iron Workers' Loc 15 & 424 App Tr Fund?
James Denning is the Trustee of Iron Workers' Loc 15 & 424 App Tr Fund.
Official website here: www.ctironworkers.org
What is the revenue of Iron Workers' Loc 15 & 424 App Tr Fund?
Iron Workers' Loc 15 & 424 App Tr Fund's revenue in 2022 was $819,969.
Official website here: www.ctironworkers.org
Who are the executives of Iron Workers' Loc 15 & 424 App Tr Fund and what are their salaries?
The average compensation at Iron Workers' Loc 15 & 424 App Tr Fund during 2022 was $11,419. There are 47 employees at Iron Workers' Loc 15 & 424 App Tr Fund.
Here are 7 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Compensation: $49,658
- Related: $0
- Other: $34,329
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- Other: $0
- Compensation: $66,695
- Related: $0
- Other: $45,179
Official website here: www.ctironworkers.org
Where can I find the form 990 for Iron Workers' Loc 15 & 424 App Tr Fund?
Iron Workers' Loc 15 & 424 App Tr Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ctironworkers.org
Learn more at the official website: www.ctironworkers.org
Mission Statement of Iron Workers' Loc 15 & 424 App Tr Fund
The Iron Workers' Loc 15 & 424 App Tr Fund was established with a specific purpose in mind. Its mission lies in financing training and related programs for eligible trainees, apprentice iron workers, and journeymen iron workers. This nonprofit organization is dedicated to investing in the professional development of individuals within the ironworking industry, ensuring they have the necessary skills and knowledge to excel in their careers. By providing financing for relevant programs, the Iron Workers' Loc 15 & 424 App Tr Fund plays a crucial role in supporting the growth and success of its beneficiaries within the ironworking sector.
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Impact
July, 2024
The Iron Workers' Loc 15 & 424 App Tr Fund directly impacts the education and training of eligible trainees, apprentice iron workers, and journeyman iron workers. It provides financial support for training programs that aim to enhance the skills and knowledge of individuals in the ironworking industry. Through its activities, the fund contributes to the professional development and career advancement of those in the ironworking field, ultimately helping to ensure a skilled workforce in this industry.
This information is meant to be a general summary of Iron Workers' Loc 15 & 424 App Tr 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: $2
- Program Service Revenue: $682,633
- Gross Receipts: $819,969
Assets and Liabilities:
- Total Assets: $404,327
- Total Liabilities: $17,914
- Net Assets: $386,413
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$682,633
Organization Details
Founding Year
1967
Phone
(203) 238-1204Principal Officer
James Denning
Main Address
162 WEST STREET BUILDING 2 SUITE, CROMWELL, CT, 064164404
Website
www.ctironworkers.orgNTEE Category
Code: B30 - Education
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