Overview
What is National Automatic Sprinkler Industry Apprentice & Training Fund?
The National Automatic Sprinkler Industry Apprentice & Training Fund is a nonprofit organization dedicated to educating and training union apprentices and employees, as outlined in its Trust Fund Agreement. Its primary goal is to provide comprehensive education and training opportunities to these individuals, ensuring they possess the necessary skills for their roles within the industry. The organization adheres to a detailed schedule attached to the agreement, ensuring a focused and structured approach to learning.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The National Automatic Sprinkler Industry Apprentice & Training Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The charity's score is based entirely on its Accountability & Finance metrics, where it excelled with a score of 94%. This high rating indicates effective oversight and transparency in its operations.
One of the organization's notable strengths is its governance structure, which includes a majority of independent board members, achieving a perfect score in this area. Additionally, the fund has implemented comprehensive policies related to conflict of interest and whistleblower protections, demonstrating a commitment to ethical practices. Its financial management is further underscored by a substantial program expense ratio of 96.60%, indicating that most of its funds are used directly for its programs.
No significant limitations or concerns were highlighted in the data, as the organization reported no material diversion of assets and maintains strong financial health with a low liabilities-to-assets ratio. Overall, the National Automatic Sprinkler Industry Apprentice & Training Fund stands out as a well-managed nonprofit dedicated to its mission and accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is National Automatic Sprinkler Industry Apprentice & Training Fund legitimate?
National Automatic Sprinkler Industry Apprentice & Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Automatic Sprinkler Industry Apprentice & 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of National Automatic Sprinkler Industry Apprentice & Training Fund?
The National Automatic Sprinkler Industry Apprentice & Training Fund is dedicated to educating and training union apprentices and other union employees, as outlined in their Trust Fund Agreement. Their mission is solely focused on providing comprehensive learning opportunities to these individuals, as outlined in a detailed schedule attached to the agreement. The fund's primary objective is to equip these individuals with the necessary skills and knowledge to excel in their respective roles within the industry. The education and training programs offered by the fund are crucial in ensuring a skilled workforce within the automatic sprinkler industry. The fund's activities are strictly focused on this mission, ensuring a continuous supply of well-educated and trained professionals in the field.
Who is the CEO of National Automatic Sprinkler Industry Apprentice & Training Fund?
Same As C Above is the Principal Officer of National Automatic Sprinkler Industry Apprentice & Training Fund.
What is the revenue of National Automatic Sprinkler Industry Apprentice & Training Fund?
National Automatic Sprinkler Industry Apprentice & Training Fund's revenue in 2022 was $8,171,378.
Who are the executives of National Automatic Sprinkler Industry Apprentice & Training Fund and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for National Automatic Sprinkler Industry Apprentice & Training Fund?
National Automatic Sprinkler Industry Apprentice & Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Automatic Sprinkler Industry Apprentice & Training Fund
The National Automatic Sprinkler Industry Apprentice & Training Fund is committed to the education and training of union apprentices and all other union employees, as outlined in its Trust Fund Agreement. The primary mission of this organization is to provide these individuals with the necessary education and training, as detailed in an attached schedule. The National Automatic Sprinkler Industry Apprentice & Training Fund is dedicated to equipping its members with the skills required to excel in their respective roles within the industry.
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Impact
July, 2024
The National Automatic Sprinkler Industry Apprentice & Training Fund has a significant impact on the employment sector by providing education and training to union apprentices and other union employees. These programs help individuals develop valuable skills and knowledge in the automatic sprinkler industry, leading to better job opportunities and career advancement. This training ensures a skilled workforce for the industry, contributing to the overall growth and efficiency of the sector.
This information is meant to be a general summary of National Automatic Sprinkler Industry Apprentice & 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: $33,938
- Program Service Revenue: $8,137,440
- Gross Receipts: $8,171,378
Assets and Liabilities:
- Total Assets: $9,030,945
- Total Liabilities: $1,729,121
- Net Assets: $7,301,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & FEES
Revenue
$7,853,639
SEE SCHEDULE O
Revenue
$283,801
Organization Details
Founding Year
1966
Phone
(800) 247-9214Principal Officer
Same As C Above
Main Address
PO BOX 1259, NEW MILFORD, CT, 06776
NTEE Category
Code: J220 - Employment
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