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Laborers Local No 91 Educational & Training Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161277705 ✦ Niagara falls, NY ✦ Designated as a 501(c)(3)

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Overview

What is Laborers Local No 91 Educational & Training Fund?

Laborers Local No 91 Educational & Training Fund is a nonprofit organization located in Niagara Falls, New York. Their primary mission is to provide continuing educational and training classes and activities to laborers in the construction industry. This is achieved through both classroom instruction and on-the-job training for individuals accepted into the apprentice training program, as well as continuing education for journeymen members. The fund's activities aim to promote, refresh, and expand the skills and abilities of laborers in the construction sector, contributing to their professional development and career growth. The organization employs a small team of two individuals dedicated to this mission.


Official website here: www.laborerslocal91.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

Laborers Local No 91 Educational & Training Fund demonstrates a high level of financial health and transparency, reflected in its impressive 96% score. The organization boasts a fully independent board, strong oversight measures, and no material diversion of assets, which highlights its commitment to responsible governance and accountability.

Strengths include a high program expense ratio of 75.20%, indicating a significant portion of funds is directed towards its mission-related activities. The organization has also established comprehensive policies on conflict of interest, whistleblower protection, and document retention, showcasing a commitment to ethical operations.

However, while the financial metrics are strong, no specific information on program outcomes or impact was provided. This may leave potential donors and stakeholders wanting more insight into the effectiveness of its educational and training programs. Overall, the charity stands out for its financial stewardship but could enhance its narrative around program impact.


This AI summary has been generated from information found on Charity Navigator.

Is Laborers Local No 91 Educational & Training Fund legitimate?

Laborers Local No 91 Educational & Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laborers Local No 91 Educational & 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: $205,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,833

For more financial information, click here


Official website here: www.laborerslocal91.org

What is the mission statement of Laborers Local No 91 Educational & Training Fund?

The Laborers Local No 91 Educational & Training Fund is committed to providing continuous educational and training classes and activities. This initiative aims to promote, refresh, and expand the skills and abilities of laborers in the construction industry. The mission is carried out through various classroom instruction and on-the-job training programs, particularly for individuals enrolled in the apprentice training program. Furthermore, the training fund offers continuing education for journeyworkers as well.


Official website here: www.laborerslocal91.org

Who is the CEO of Laborers Local No 91 Educational & Training Fund?

Randy Palladino is the Administrato of Laborers Local No 91 Educational & Training Fund.


Official website here: www.laborerslocal91.org

What is the revenue of Laborers Local No 91 Educational & Training Fund?

Laborers Local No 91 Educational & Training Fund's revenue in 2023 was $579,976.


Official website here: www.laborerslocal91.org

Who are the executives of Laborers Local No 91 Educational & Training Fund and what are their salaries?

The average compensation at Laborers Local No 91 Educational & Training Fund during 2023 was $107,791. There are 2 employees at Laborers Local No 91 Educational & Training Fund.


Here are 6 key members and their salaries:


Randy Palladino (Administrato)
  • Compensation: $98,242
  • Related: $0
  • Other: $105,620
George Churakos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Grace (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Neri (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Richard Palladino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert L Stevenson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laborerslocal91.org

Where can I find the form 990 for Laborers Local No 91 Educational & Training Fund?

Laborers Local No 91 Educational & Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.laborerslocal91.org

Learn more at the official website: www.laborerslocal91.org

Mission Statement of Laborers Local No 91 Educational & Training Fund

Laborers Local No 91 Educational & Training Fund is dedicated to providing ongoing educational and training classes and activities for laborers in the construction industry. Their mission is to promote, refresh, and expand the skills and capabilities of these workers, helping them to continually improve and stay up-to-date in their field. They achieve this through a combination of classroom instruction and on-the-job training for individuals accepted into their apprentice training program. Additionally, the fund offers continuing education for journeyworkers, ensuring that their skills remain sharp and relevant in the ever-evolving construction industry.

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Impact




July, 2024

Laborers Local No 91 Educational & Training Fund's impact lies in equipping laborers in the construction industry with the necessary skills and knowledge to excel in their roles. By providing continuing educational and training classes and activities, the fund promotes professional development, skill enhancement, and overall competency among its members. This, in turn, contributes to a more skilled and capable labor force within the construction industry, leading to improved quality of work, increased efficiency, and enhanced safety on construction sites. Through its mission to promote, refresh, and expand the skills and abilities of laborers, the fund plays a vital role in supporting the growth and success of individuals working in this sector.




This information is meant to be a general summary of Laborers Local No 91 Educational & 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.

Revenue
$579,976 (2023)
Expenses
$408,693 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,537
  • Program Service Revenue: $545,951
  • Gross Receipts: $596,893

Assets and Liabilities:

  • Total Assets: $1,818,847
  • Total Liabilities: $10,423
  • Net Assets: $1,808,424

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$545,951

Organization Details

Founding Year

1986

Principal Officer

Randy Palladino

Main Address

4500 WITMER INDUSTRIAL ESTATES, NIAGARA FALLS, NY, 14305

NTEE Category

Code: B99 - Education

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