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Ibew Local 1049 Craft Division 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: 113078707 ✦ Holtsville, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ibew Local 1049 Craft Division Skill Improvement Fund?

Ibew Local 1049 Craft Division Skill Improvement Fund is a nonprofit organization located in Holtsville, New York. With a team of 14 employees, its primary mission is to establish and promote various training programs and related activities for eligible participants. This nonprofit's initiatives aim to enhance the skills and capabilities of its participants, contributing to their personal and professional growth. The exact nature of the training programs and eligibility criteria are not specified in the provided information.


Official website here: www.ibew1049.org

What are the reviews and ratings of this charity?

Charity Navigator gives the IBEW Local 1049 Craft Division Skill Improvement Fund an impressive rating of 96%, resulting in a Four-Star out of Four Stars designation. This high score reflects strong accountability and financial management, highlighting the organization's commitment to transparency and effective use of resources.

The fund boasts a fully independent board, with all members meeting the criteria for independence, which is crucial for unbiased governance. It also maintains excellent financial health, with a low liabilities to assets ratio and a program expense ratio of over 90%, indicating that the majority of funds are directed towards its mission rather than administrative costs.

No significant limitations or concerns were noted in the evaluation, underscoring the fund's solid financial practices and governance policies. Overall, the IBEW Local 1049 Craft Division Skill Improvement Fund stands out as a trustworthy organization dedicated to skill improvement within the craft division.


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

Is Ibew Local 1049 Craft Division Skill Improvement Fund legitimate?

Ibew Local 1049 Craft Division Skill Improvement Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ibew Local 1049 Craft Division 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: $295,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $403,451

For more financial information, click here


Official website here: www.ibew1049.org

What is the mission statement of Ibew Local 1049 Craft Division Skill Improvement Fund?

The Ibew Local 1049 Craft Division Skill Improvement Fund's mission is centered around establishing and promoting educational programs for eligible participants. Its primary objective is to facilitate the growth and development of individuals through various training initiatives. The fund actively works towards making these programs accessible to its eligible members, aiming to enhance their skills and knowledge base.


Official website here: www.ibew1049.org

Who is the CEO of Ibew Local 1049 Craft Division Skill Improvement Fund?

Patrick Guidice Iii is the Safety Director of Ibew Local 1049 Craft Division Skill Improvement Fund.


Official website here: www.ibew1049.org

What is the revenue of Ibew Local 1049 Craft Division Skill Improvement Fund?

Ibew Local 1049 Craft Division Skill Improvement Fund's revenue in 2022 was $1,941,838.


Official website here: www.ibew1049.org

Who are the executives of Ibew Local 1049 Craft Division Skill Improvement Fund and what are their salaries?

The average compensation at Ibew Local 1049 Craft Division Skill Improvement Fund during 2022 was $49,895. There are 14 employees at Ibew Local 1049 Craft Division Skill Improvement Fund.


Here are 10 key members and their salaries:


Bryan Hughes-Gariepy (Safety Director)
  • Compensation: $206,567
  • Related: $0
  • Other: $88,510
Daniel Rossano (Instructor)
  • Compensation: $161,366
  • Related: $0
  • Other: $74,031
Erik Hendrickson (Instructor)
  • Compensation: $161,366
  • Related: $0
  • Other: $73,467
Jeannine Devlin (Director)
  • Compensation: $0
  • Related: $165,848
  • Other: $67,032
Michael Gilchrist (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica O'Neill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Haugland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bogen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Guidice Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibew1049.org

Where can I find the form 990 for Ibew Local 1049 Craft Division Skill Improvement Fund?

Ibew Local 1049 Craft Division Skill Improvement Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibew1049.org

Learn more at the official website: www.ibew1049.org

Mission Statement of Ibew Local 1049 Craft Division Skill Improvement Fund

Ibew Local 1049 Craft Division Skill Improvement Fund is dedicated to promoting and establishing educational and related programs for eligible participants. The primary mission of this organization is to enhance the skills and knowledge of its participants through various training programs. By doing so, Ibew Local 1049 Craft Division Skill Improvement Fund aims to contribute to the personal and professional growth of its participants, ultimately benefiting the community as a whole. The fund actively works towards promoting and implementing these programs, ensuring that eligible individuals have the opportunity to improve their abilities and advance in their respective fields.

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Impact




July, 2024

The impact of Ibew Local 1049 Craft Division Skill Improvement Fund can be seen in the enhancement of skill sets and knowledge among eligible participants. By establishing and promoting training programs, this fund directly contributes to the professional development and advancement of individuals within the craft division. Through its initiatives, individuals are equipped with the tools and expertise necessary to excel in their respective fields, ultimately leading to a more skilled and competitive workforce.




This information is meant to be a general summary of Ibew Local 1049 Craft Division 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
$1,941,838 (2022)
Expenses
$2,440,045 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$254,318
  • Program Service Revenue: $2,196,156
  • Gross Receipts: $10,312,424

Assets and Liabilities:

  • Total Assets: $15,015,746
  • Total Liabilities: $180,947
  • Net Assets: $14,834,799

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,196,156

Organization Details

Founding Year

1992

Principal Officer

Patrick Guidice Iii

Main Address

100 CORPORATE DRIVE, HOLTSVILLE, NY, 11742

NTEE Category

Code: B30 - Education

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