Overview
What is Upstate New York Laborers' Education And Training Fund?
The Upstate New York Laborers' Education and Training Fund is a nonprofit organization based in Oswego, New York. Their primary mission is to collect funds from participating training funds to cover expenses related to operating a training facility for industrial and construction workers in the Upstate New York region. The organization provides supplementary training programs beyond those offered by the participating funds, aiming to develop a skilled workforce for the construction trade industry. Their operations are overseen by an equal representation of trustees from each participating training fund, with a centralized training center located in Oswego, New York. The nonprofit, with a staff of seven individuals, plays a crucial role in upskilling the local workforce in the construction sector.
Official website here: www.unylaborerstraining.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Upstate New York Laborers' Education And Training Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 97%, the organization demonstrates a high level of transparency and effective management of its resources. The rating is derived solely from its accountability and finance metrics, showcasing the fund's commitment to ethical practices.
One notable strength is the organization’s fully independent board, consisting of eight members, which adheres to best practices in governance. The absence of material diversion of assets and robust policies on conflict of interest, whistleblower protection, and document retention further enhance its credibility. Additionally, the organization maintains a healthy liabilities to assets ratio, indicating sound financial management.
While the organization excels in its financial accountability and transparency, there are no specific programmatic details provided in the rating summary. Consequently, potential donors and stakeholders may wish to seek additional information about the effectiveness and impact of its educational and training programs to get a fuller understanding of its overall mission.
This AI summary has been generated from information found on Charity Navigator.
Is Upstate New York Laborers' Education And Training Fund legitimate?
Upstate New York Laborers' Education And Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upstate New York Laborers' Education And 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: $38,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,272
For more financial information, click here
Official website here: www.unylaborerstraining.org
What is the mission statement of Upstate New York Laborers' Education And Training Fund?
The Upstate New York Laborers' Education and Training Fund focuses on supplying education and training to workers in the industrial and construction sectors. Their operations involve a centralized training center, located elsewhere, to supplement and enhance the programs offered by participating training funds. This initiative aims to cultivate a high-quality workforce for the construction trade industry. The board of trustees, equally represented by each participating training fund, oversees the fund's operations.
Official website here: www.unylaborerstraining.org
Who is the CEO of Upstate New York Laborers' Education And Training Fund?
David Marsh is the Trustee of Upstate New York Laborers' Education And Training Fund.
Official website here: www.unylaborerstraining.org
What is the revenue of Upstate New York Laborers' Education And Training Fund?
Upstate New York Laborers' Education And Training Fund's revenue in 2022 was $530,276.
Official website here: www.unylaborerstraining.org
Who are the executives of Upstate New York Laborers' Education And Training Fund and what are their salaries?
The average compensation at Upstate New York Laborers' Education And Training Fund during 2022 was $23,928. There are 7 employees at Upstate New York Laborers' Education And Training Fund.
Here are 9 key members and their salaries:
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- Compensation: $38,064
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Official website here: www.unylaborerstraining.org
Where can I find the form 990 for Upstate New York Laborers' Education And Training Fund?
Upstate New York Laborers' Education And Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unylaborerstraining.org
Learn more at the official website: www.unylaborerstraining.org
Mission Statement of Upstate New York Laborers' Education And Training Fund
The Upstate New York Laborers' Education and Training Fund is committed to providing high-quality education and training to industrial and construction workers in the region. Its operations revolve around a centralized training center, based in Oswego, New York. This center serves to supplement and enhance the programs offered by the participating training funds. The goal is to foster a skilled workforce for the construction trade industry. The organization is uniquely structured, with each participating training fund equally represented on its Board of Trustees. This collaborative approach ensures a comprehensive and well-rounded training program for the benefit of the construction workforce in Upstate New York.
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Impact
July, 2024
The Upstate New York Laborers' Education And Training Fund plays a crucial role in providing training to industrial and construction workers in Upstate New York. By collecting funds from participating training funds, this organization covers the expenses associated with operating a training facility in Oswego, NY. Their mission is to enhance the skills and knowledge of workers in the construction trade industry, ultimately contributing to the development of a high-quality workforce in the region. The centralized training center in Oswego serves as a hub for supplemental programs that aim to equip workers with the necessary tools for success. Through their initiatives, the Upstate New York Laborers' Education And Training Fund significantly impacts employment opportunities and career advancement for individuals in the industrial and construction sectors.
This information is meant to be a general summary of Upstate New York Laborers' Education And 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.
- Program Service Revenue: $471,257
- Gross Receipts: $530,276
Assets and Liabilities:
- Total Assets: $838,009
- Total Liabilities: $155,699
- Net Assets: $682,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$471,257
Organization Details
Founding Year
1989
Phone
(315) 343-8553Principal Officer
David Marsh
Main Address
PO BOX 4069, OSWEGO, NY, 13126
Website
www.unylaborerstraining.orgNTEE Category
Code: J22Z - Employment
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