Overview
What is Iron Workers Training & Education Local 417?
Iron Workers Training & Education Local 417, located in Walkill, New York (12589), is a nonprofit organization primarily dedicated to offering high-quality education to its members in the ironworking industry. Their mission revolves around equipping employees with necessary skills, ensuring they are well-qualified for their roles. To accomplish this, they have established educational facilities and programs, committed to fostering growth and development within the ironworking sector. With a workforce of approximately ten individuals, this organization is dedicated to upholding the standards of the ironworking industry by providing educational opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Iron Workers Training & Education Local 417 holds a two-star rating from Charity Navigator with an overall score of 71%. This rating indicates that while the organization demonstrates strong governance practices, particularly with an independent board and responsible asset management, it falls short in several financial transparency areas. The lack of accessible financial statements and absence of a whistleblower policy are notable shortcomings that could undermine public trust.
The organization excels in its accountability measures, having achieved full scores in several key areas, including the majority of independent board members and conflict of interest policies. However, the report highlights significant gaps in financial documentation and transparency, which are critical for stakeholders reviewing the organization’s fiscal health and operational integrity.
In summary, while Iron Workers Training & Education Local 417 showcases solid governance features, the need for improvement lies mainly in enhancing transparency and financial accountability practices. Addressing these limitations could help improve its standing and foster greater confidence among supporters and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Iron Workers Training & Education Local 417 legitimate?
Iron Workers Training & Education Local 417 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Workers Training & Education Local 417 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: $182,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,908
For more financial information, click here
What is the mission statement of Iron Workers Training & Education Local 417?
Iron Workers Training & Education Local 417's mission is centered around providing education in the ironworking industry. The organization's primary goal is to facilitate learning opportunities for its members, aiming to equip them with the necessary skills to become qualified professionals in the industry. The organization was established with the purpose of offering high-quality education, contributing to a workforce that is well-equipped to meet the demands of the ironworking industry.
Who is the CEO of Iron Workers Training & Education Local 417?
Matthew Stoddard is the Chairman of Iron Workers Training & Education Local 417.
What is the revenue of Iron Workers Training & Education Local 417?
Iron Workers Training & Education Local 417's revenue in 2023 was $781,022.
Who are the executives of Iron Workers Training & Education Local 417 and what are their salaries?
The average compensation at Iron Workers Training & Education Local 417 during 2023 was $30,936. There are 10 employees at Iron Workers Training & Education Local 417.
Here are 6 key members and their salaries:
- Compensation: $94,408
- Related: $0
- Other: $0
- Compensation: $88,049
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Iron Workers Training & Education Local 417?
Iron Workers Training & Education Local 417's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Iron Workers Training & Education Local 417
Iron Workers Training & Education Local 417 is committed to providing education in the ironworking industry. Established with the primary objective of equipping its members with the necessary skills, the organization aims to cultivate a workforce of qualified individuals in this sector. By offering educational facilities and programs, Iron Workers Training & Education Local 417 seeks to ensure that its members are well-equipped to excel in the ironworking industry. The organization's mission is to foster a learning environment that encourages growth and development, ultimately contributing to the industry's overall strength and success.
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Impact
October, 2024
Iron Workers Training & Education Local 417 significantly enhances the ironworking industry by providing high-quality education and training to its members. Based in Walkill, NY, the organization focuses on equipping workers with essential skills and knowledge vital for their roles in the ironworking sector. This commitment to education not only ensures that members are qualified and competent but also elevates industry standards, contributing to safer and more efficient workplaces.
By fostering a skilled workforce, Local 417 plays a crucial role in addressing labor shortages and meeting the demands of a dynamic construction environment. The facilities they provide for education further support continuous learning, enabling members to stay updated on the latest techniques and technologies. Overall, their impact is felt in improved job performance, enhanced safety measures, and the overall advancement of the ironworking trade.
This information is meant to be a general summary of Iron Workers Training & Education Local 417. 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 2023.
- Investment Income: $73,339
- Program Service Revenue: $617,042
- Gross Receipts: $781,022
Assets and Liabilities:
- Total Assets: $3,044,904
- Total Liabilities: $17,435
- Net Assets: $3,027,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER ASSESSMENTS
Revenue
$574,734
TRAINING FACILITY RENTAL
Revenue
$36,000
TOOLS, BOOKS,GRANTS,FEES
Revenue
$6,308
Organization Details
Founding Year
1928
Phone
(845) 566-8417Principal Officer
Matthew Stoddard
Main Address
583 ROUTE 32, WALKILL, NY, 12589
NTEE Category
Code: B12 - Education
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