Overview
What is Local 355 Usw Joint Apprenticeship And Training Fund?
Local 355 Usw Joint Apprenticeship and Training Fund is a nonprofit organization situated in New Rochelle, New York. Their primary mission is to offer apprenticeship training, skill enhancement, and safety education to qualified individuals. By doing so, they aim to improve the competence and safety of their participants in their respective fields. With a workforce of 16 dedicated individuals, this organization plays a significant role in upskilling and ensuring the safety of its participants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Local 355 USW Joint Apprenticeship and Training Fund has received a solid 85% rating from Charity Navigator, indicating a strong performance in accountability and finance. The score reflects a robust commitment to transparency and responsible financial practices, underscored by an entirely independent board of directors and effective oversight mechanisms.
The organization has demonstrated excellence in several key areas, such as maintaining a low liabilities to assets ratio of 3.18%, showcasing financial stability. Additionally, it has a commendable program expense ratio of 66.15%, indicating that a significant portion of its resources is directed towards its training programs rather than administrative overhead.
However, while the organization excels in accountability, there may be room for improvement in its overall program expense efficiency, as noted by its lower score in that area. This highlights a potential opportunity for the fund to enhance its impact by optimizing resource allocation further.
This AI summary has been generated from information found on Charity Navigator.
Is Local 355 Usw Joint Apprenticeship And Training Fund legitimate?
Local 355 Usw Joint Apprenticeship And Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local 355 Usw Joint Apprenticeship And Training 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: $227,936
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,750
For more financial information, click here
What is the mission statement of Local 355 Usw Joint Apprenticeship And Training Fund?
The Local 355 U.S.W. Joint Apprenticeship and Training Fund is committed to providing comprehensive apprenticeship training, fostering skill improvement, and promoting safety education to eligible participants. Their mission is centered around equipping individuals with necessary skills and knowledge, ensuring a safer work environment. This organization is dedicated to empowering its participants, preparing them for their professional journeys.
Who is the CEO of Local 355 Usw Joint Apprenticeship And Training Fund?
William Sweeney is the Employer Trustee of Local 355 Usw Joint Apprenticeship And Training Fund.
What is the revenue of Local 355 Usw Joint Apprenticeship And Training Fund?
Local 355 Usw Joint Apprenticeship And Training Fund's revenue in 2022 was $938,023.
Who are the executives of Local 355 Usw Joint Apprenticeship And Training Fund and what are their salaries?
The average compensation at Local 355 Usw Joint Apprenticeship And Training Fund during 2022 was $21,855. There are 16 employees at Local 355 Usw Joint Apprenticeship And Training Fund.
Here are 8 key members and their salaries:
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- Compensation: $202,000
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- Other: $29,196
Where can I find the form 990 for Local 355 Usw Joint Apprenticeship And Training Fund?
Local 355 Usw Joint Apprenticeship And Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 355 Usw Joint Apprenticeship And Training Fund
Local 355 USW Joint Apprenticeship and Training Fund is dedicated to delivering apprenticeship training, skill enhancement, and safety education to eligible participants. The organization's mission is to equip individuals with valuable skills and knowledge within their respective trades, ensuring they meet the industry's safety standards. By providing this comprehensive training, Local 355 USW Joint Apprenticeship and Training Fund aims to empower its participants, fostering their growth and development in their chosen careers. The training program not only equips participants with practical skills but also emphasizes the importance of safety, instilling a culture of safety awareness and best practices within the industry.
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Impact
July, 2024
Local 355 USW Joint Apprenticeship and Training Fund's impact is significant in providing apprenticeship training, skill improvement, and safety education to eligible participants in New Rochelle, NY. Through this vocational training program, individuals are equipped with the necessary skills and knowledge to succeed in their chosen field, contributing to a skilled and competent workforce in the local community. The program not only enhances the employment prospects of participants but also fosters a culture of safety and professionalism in the workplace. Overall, the fund's work plays a crucial role in strengthening the local workforce and promoting education in the region.
This information is meant to be a general summary of Local 355 Usw Joint Apprenticeship And Training 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: $781
- Program Service Revenue: $777,172
- Gross Receipts: $938,023
Assets and Liabilities:
- Total Assets: $1,667,110
- Total Liabilities: $44,369
- Net Assets: $1,622,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS CONTRIBUTION
Revenue
$772,747
TRAINING COURSES
Revenue
$4,425
Organization Details
Founding Year
2002
Phone
(929) 244-1222Principal Officer
William Sweeney
Main Address
145 HUGUENOT STREET 100, NEW ROCHELLE, NY, 10801
NTEE Category
Code: B30 - Education
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