Overview
What is Operating Engineers Local 14-14B Training Fund?
Operating Engineers Local 14-14B Training Fund is a nonprofit organization situated in Flushing, New York. Their primary mission is to offer training, skill enhancement, and safety education to eligible participants. By doing so, they aim to improve the competency and safety of individuals within their field. The organization's operations are centered around providing the necessary resources and knowledge to help individuals grow and excel in their respective roles.
Official website here: www.local14funds.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Operating Engineers Local 14-14B Training Fund has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization's score is derived entirely from its Accountability & Finance beacon, showcasing its dedication to transparency and effective governance practices.
Strengths include a majority of independent board members and strong fiscal management reflected in a low liabilities to assets ratio of 0.39%. The high program expense ratio of 90.53% highlights that the vast majority of funds are directed towards its core mission, ensuring that resources are effectively utilized to support training initiatives.
While the training fund demonstrates robust organizational practices, there are no notable limitations mentioned in the feedback. Overall, the nonprofit stands out for its solid financial oversight and governance, making it a trustworthy choice for donors seeking to support workforce training in the construction industry.
This AI summary has been generated from information found on Charity Navigator.
Is Operating Engineers Local 14-14B Training Fund legitimate?
Operating Engineers Local 14-14B Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Local 14-14B 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
For more financial information, click here
Official website here: www.local14funds.org
What is the mission statement of Operating Engineers Local 14-14B Training Fund?
The Operating Engineers Local 14-14B Training Fund is committed to providing eligible participants with essential training, skill enhancement, and safety education. Their mission is centered around equipping individuals with the necessary knowledge and skills, thereby promoting safety in their respective fields. By offering this training, the fund aims to contribute to the personal and professional growth of its participants. Their activities primarily focus on improving the competency and safety awareness of individuals in their respective trades.
Official website here: www.local14funds.org
Who is the CEO of Operating Engineers Local 14-14B Training Fund?
Unavailable
Official website here: www.local14funds.org
What is the revenue of Operating Engineers Local 14-14B Training Fund?
Operating Engineers Local 14-14B Training Fund's revenue in 2022 was $2,293,895.
Official website here: www.local14funds.org
Who are the executives of Operating Engineers Local 14-14B Training Fund and what are their salaries?
Here are 13 key members and their salaries:
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- Related: $243,555
- Other: $87,099
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- Other: $88,931
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- Related: $251,762
- Other: $88,931
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- Related: $242,438
- Other: $87,710
- Compensation: $0
- Related: $218,098
- Other: $84,248
Official website here: www.local14funds.org
Where can I find the form 990 for Operating Engineers Local 14-14B Training Fund?
Operating Engineers Local 14-14B Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.local14funds.org
Learn more at the official website: www.local14funds.org
Mission Statement of Operating Engineers Local 14-14B Training Fund
The Operating Engineers Local 14-14B Training Fund is dedicated to providing eligible participants with vital training, skill enhancement, and safety education. This nonprofit organization's mission is to equip individuals with the necessary skills and knowledge to excel in their respective fields, ensuring a higher level of safety in their work environments. By offering comprehensive training programs, the Fund aims to empower its participants, enabling them to enhance their careers and contribute positively to their industries.
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Impact
October, 2024
The Operating Engineers Local 14-14B Training Fund significantly contributes to the construction industry by equipping eligible participants with essential training, skill improvement, and safety education. This comprehensive approach enhances the workforce's abilities, ensuring that operators of heavy machinery are well-prepared and knowledgeable about safety protocols. By focusing on skill enhancement, the Training Fund not only boosts individual employability but also elevates the overall standards of operations within the industry. Located in Flushing, NY, its mission fosters a safer and more skilled workforce, ultimately leading to increased productivity and efficiency on job sites.
This information is meant to be a general summary of Operating Engineers Local 14-14B 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: $14,882
- Program Service Revenue: $2,249,113
- Gross Receipts: $5,590,868
Assets and Liabilities:
- Total Assets: $15,259,402
- Total Liabilities: $103,614
- Net Assets: $15,155,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,249,113
Organization Details
Founding Year
1970
Phone
(718) 939-1489Main Address
159-18 NORTHERN BLVD, FLUSHING, NY, 11358
Website
www.local14funds.orgNTEE Category
Code: J220 - Employment
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