Overview
What is Roofers Local 195 Joint Apprenticeship Training Fund?
Roofers Local 195 Joint Apprenticeship Training Fund is a nonprofit organization situated in Liverpool, New York. The primary objective of this organization is to offer comprehensive training to aspiring roofing apprentices. This training encompasses both practical on-the-job experiences and classroom instruction. The fund covers various expenses associated with this training, such as instructors' salaries, payroll taxes, fringe benefits, rent for school space, school supplies, and fees for external training programs and physicals. By providing this comprehensive training, the Roofers Local 195 Joint Apprenticeship Training Fund aims to equip future roofers with the necessary skills and knowledge to excel in their chosen profession. The organization currently employs a team of 10 individuals committed to this mission.
Official website here: www.local195funds.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Roofers Local 195 Joint Apprenticeship Training Fund has received an 82% rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is derived entirely from the Accountability & Finance beacon, showcasing the organization’s commitment to transparency and good governance. With 66% of its board members being independent and a comprehensive audit process in place, the nonprofit demonstrates strong oversight standards.
Strengths include the absence of material asset diversion and the implementation of various policies such as conflict of interest and whistleblower protections. The financial health is reflected in a favorable liabilities-to-assets ratio of 33.81%, suggesting solid fiscal management. Additionally, the organization’s financial statements are audited, reinforcing its credibility.
However, the program expense ratio stands at 59%, which may indicate that a significant portion of its funds is allocated towards administrative costs rather than direct program expenses. This could raise questions regarding the efficiency of fund utilization. Overall, while Roofers Local 195 Joint Apprenticeship Training Fund shows commendable attributes in governance and financial practices, potential donors may wish to consider the balance between administrative and programmatic spending.
This AI summary has been generated from information found on Charity Navigator.
Is Roofers Local 195 Joint Apprenticeship Training Fund legitimate?
Roofers Local 195 Joint Apprenticeship Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roofers Local 195 Joint Apprenticeship 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: $38,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,469
For more financial information, click here
Official website here: www.local195funds.org/
What is the mission statement of Roofers Local 195 Joint Apprenticeship Training Fund?
The Roofers Local 195 Joint Apprenticeship Training Fund is committed to providing on-the-job and classroom training for roofing apprentices. Their primary mission is to equip these trainees with the necessary skills and knowledge required for a successful career in roofing. This is achieved by covering various expenses related to their education, such as instructor's salaries, payroll taxes, rent for school space, school supplies, fees for outside training programs, and physical examinations. This comprehensive training program aims to prepare the next generation of skilled roofers, thereby contributing to the continued growth and development of the roofing industry.
Official website here: www.local195funds.org/
Who is the CEO of Roofers Local 195 Joint Apprenticeship Training Fund?
Charles Gratton is the Chairman of Roofers Local 195 Joint Apprenticeship Training Fund.
Official website here: www.local195funds.org/
What is the revenue of Roofers Local 195 Joint Apprenticeship Training Fund?
Roofers Local 195 Joint Apprenticeship Training Fund's revenue in 2022 was $684,920.
Official website here: www.local195funds.org/
Who are the executives of Roofers Local 195 Joint Apprenticeship Training Fund and what are their salaries?
The average compensation at Roofers Local 195 Joint Apprenticeship Training Fund during 2022 was $15,981. There are 10 employees at Roofers Local 195 Joint Apprenticeship Training Fund.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $12,946
- Other: $8,050
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $11,689
- Related: $396
- Other: $7,597
- Compensation: $0
- Related: $529
- Other: $193
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $4,583
- Related: $0
- Other: $2,888
- Compensation: $0
- Related: $90,885
- Other: $53,324
- Compensation: $0
- Related: $1,263
- Other: $287
- Compensation: $2,200
- Related: $104,399
- Other: $58,682
Official website here: www.local195funds.org/
Where can I find the form 990 for Roofers Local 195 Joint Apprenticeship Training Fund?
Roofers Local 195 Joint Apprenticeship Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.local195funds.org/
Learn more at the official website: www.local195funds.org/
Mission Statement of Roofers Local 195 Joint Apprenticeship Training Fund
Roofers Local 195 Joint Apprenticeship Training Fund is dedicated to the mission of providing comprehensive training for roofing apprentices. This nonprofit organization aims to equip these apprentices with both on-the-job and classroom learning experiences. By undertaking this mission, Roofers Local 195 Joint Apprenticeship Training Fund invests in the future of the roofing industry, ensuring that its workforce is well-educated and skilled. The organization covers various expenses related to the training program, including instructor salaries, payroll taxes, fringe benefits, rent for school space, school supplies, and fees for outside training programs and physicals. This financial commitment demonstrates Roofers Local 195 Joint Apprenticeship Training Fund's commitment to providing high-quality education and opportunities for roofing apprentices.
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Impact
July, 2024
Roofers Local 195 Joint Apprenticeship Training Fund's impact can be observed through its significant contribution to the training and development of roofing apprentices in Liverpool, NY. The Fund plays a crucial role in providing on-the-job and classroom training to individuals seeking to enter the roofing industry. By supporting the apprenticeship program, the Fund helps to ensure a skilled workforce in the roofing sector, thus promoting employment opportunities and fostering career growth for aspiring roofers. Through funding activities such as instructor salaries, payroll taxes, rent for school space, supplies, and fees for training programs, the Fund directly invests in the education and skill-building of apprentices, ultimately enhancing the overall competency and professionalism within the roofing industry.
This information is meant to be a general summary of Roofers Local 195 Joint Apprenticeship 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: $25,467
- Program Service Revenue: $609,769
- Gross Receipts: $806,912
Assets and Liabilities:
- Total Assets: $1,904,751
- Total Liabilities: $606,574
- Net Assets: $1,298,177
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$463,426
REIMBURSEMENTS
Revenue
$146,343
Organization Details
Founding Year
1983
Phone
(315) 699-1388Principal Officer
Charles Gratton
Main Address
7706 MALTLAGE DRIVE, LIVERPOOL, NY, 13090
Website
www.local195funds.org/NTEE Category
Code: J22I - Employment
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