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Institute For Safety In Powerline Construction Inc

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

EIN: 201193540 ✦ Nacogdoches, TX ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Safety In Powerline Construction Inc?

The Institute For Safety In Powerline Construction Inc, situated in Alexandria, Louisiana at 3504 Parliament Court, is a dedicated nonprofit organization. Their primary mission is to promote safety and health in the powerline construction and maintenance sector. They achieve this by conducting and developing comprehensive training materials and courses. Their activities encompass researching and establishing safety, training, and health standards, educating and training workers, defining best practices, auditing programs, and offering guidance to management. Furthermore, they advise regulatory agencies to ensure industry-wide safety and health guidelines are upheld. With a team of four individuals, the Institute plays a crucial role in advocating for safe work environments in the powerline construction and maintenance industry.


Official website here: www.ispconline.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 39%, Zero-Star out of Four Star rating.

The Institute For Safety In Powerline Construction Inc has received a low rating primarily due to its Accountability & Finance score. A significant concern is the complete lack of independent board members, which raises questions about governance. Additionally, essential policies related to conflict of interest and whistleblowing are missing, potentially compromising the integrity of the organization.

Despite these governance concerns, the organization demonstrates a strong commitment to its mission with a high program expense ratio of 95.32%. This suggests that most of its funds are directed toward program activities rather than administrative costs. However, the absence of financial statements and essential documentation limits transparency and accountability, which could hinder public trust and support.

Overall, while the organization is engaged in relevant programming, serious governance issues and a lack of transparency contribute to its low rating. Prospective donors and supporters may want to consider these factors before contributing to or engaging with the organization.


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

Is Institute For Safety In Powerline Construction Inc legitimate?

Institute For Safety In Powerline Construction Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Safety In Powerline Construction Inc 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: $364,350

For more financial information, click here


Official website here: www.ispconline.com

What is the mission statement of Institute For Safety In Powerline Construction Inc?

The Institute for Safety in Powerline Construction Inc is committed to advocating for safety and health in the powerline construction and maintenance industry. They achieve this by conducting research and developing safety, training, and health standards. Additionally, they provide education, training, and skill assessments to individuals in the industry. The organization also defines best practices, audits programs, and advises management in the sector. Furthermore, they advise regulatory agencies to ensure safety standards are upheld. In summary, the Institute for Safety in Powerline Construction Inc works towards enhancing safety in the powerline construction and maintenance industry through research, education, training, and advocacy.


Official website here: www.ispconline.com

What is the revenue of Institute For Safety In Powerline Construction Inc?

Institute For Safety In Powerline Construction Inc's revenue in 2024 was $855,360.


Official website here: www.ispconline.com

Who are the executives of Institute For Safety In Powerline Construction Inc and what are their salaries?

The average compensation at Institute For Safety In Powerline Construction Inc during 2024 was $91,088. There are 4 employees at Institute For Safety In Powerline Construction Inc.

Here are 2 key members and their salaries:


Ronald Schenk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Schenk (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ispconline.com

Where can I find the form 990 for Institute For Safety In Powerline Construction Inc?

Institute For Safety In Powerline Construction Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ispconline.com

Learn more at the official website: www.ispconline.com

Mission Statement of Institute For Safety In Powerline Construction Inc

The Institute for Safety in Powerline Construction Inc is dedicated to promoting safety and health in the powerline construction and maintenance sector. To achieve this mission, the organization undertakes a four-pronged approach. Firstly, it conducts research and develops safety, training, and health standards, ensuring that the industry adheres to the highest safety standards. Secondly, the Institute provides education and training, assessing and enhancing the skills of professionals in the field. Thirdly, it defines best practices, auditing programs, and advising management, ensuring that safety and health are prioritized at all levels of the industry. Lastly, the Institute advises regulatory agencies, contributing to the formulation of policies that prioritize safety in the powerline construction and maintenance sector. Through these efforts, the Institute for Safety in Powerline Construction Inc plays a crucial role in advocating for a safer work environment in the powerline industry.

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Impact




July, 2024

The Institute For Safety In Powerline Construction Inc plays a crucial role in advocating for safety and health within the powerline construction and maintenance industry. By conducting research, developing safety standards, providing education and training, and advising both industry management and regulatory agencies, the organization is instrumental in promoting best practices and ensuring public safety. Through their efforts, they help to enhance the overall safety and well-being of workers in the field while also contributing to the prevention of accidents and incidents in powerline construction and maintenance.




This information is meant to be a general summary of Institute For Safety In Powerline Construction Inc. 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
$855,360 (2024)
Expenses
$994,239 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,866
  • Program Service Revenue: $818,001
  • Gross Receipts: $855,360

Assets and Liabilities:

  • Total Assets: $142,237
  • Total Liabilities: $491,738
  • Net Assets: -$349,501

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Programs

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

CONSULTING FEES

Revenue

$620,693

TRAINING PROGRAMS

Revenue

$90,915

BILLABLE EXPENSE INCOME

Revenue

$85,425

ENDORSEMENT INCOME

Revenue

$20,968

Organization Details

Founding Year

2004

Principal Officer

Ronald Schenk

NTEE Category

Code: M40 - Public safety

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