Overview
What is Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund?
Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund is a nonprofit organization located in Madison, Wisconsin. Their primary mission is to provide eligible members with valuable opportunities for apprenticeship, education, and training. With a team of 12 dedicated individuals, this trust fund aims to equip its members with necessary skills, fostering their professional growth and development. The organization is committed to empowering its members, contributing positively to their careers and the wider community.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 42%, Zero-Star out of Four Star rating.
The Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund has received a low score of 42%, which indicates significant transparency and accountability concerns. While the organization boasts a fully independent board and solid financial audit practices, it lacks critical governance policies and transparency in its operations, as evidenced by missing documents related to its conflict of interest policy, whistleblower policy, and tax form posting.
Despite having no issues with material asset diversion and maintaining thorough documentation of board meeting minutes, the nonprofit's financial health is questionable. It has a program expense ratio of 41.41% and a concerning liabilities to assets ratio of 31.41%, which suggests that it may not be effectively utilizing its resources towards its intended mission.
Overall, the organization’s governance shortcomings overshadow its strengths, leading to concerns about its operational effectiveness and commitment to best practices in nonprofit management. Potential donors and supporters should take these factors into consideration when evaluating the organization's impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund legitimate?
Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iupat District Council No 7 Joint Apprenticeship & Training Trust 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: $245
Professional Fundraising Fees: $0
Other Salaries and Wages: $426,351
For more financial information, click here
What is the mission statement of Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund?
The Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund's primary objective is to offer eligible members access to apprenticeship, educational, and training programs. Their mission is centered around equipping members with the necessary skills and knowledge to excel in their respective fields. By providing these opportunities, the fund aims to foster personal growth and professional development among its members. This commitment to education and training is instrumental in preparing individuals for successful careers within their chosen industries.
Who is the CEO of Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund?
Brian Baumgartner is the Secretary/Treasurer of Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund.
What is the revenue of Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund?
Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund's revenue in 2022 was $1,952,776.
Who are the executives of Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund and what are their salaries?
The average compensation at Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund during 2022 was $35,550. There are 12 employees and 9 volunteers at Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund.
Here are 10 key members and their salaries:
- Compensation: $154
- Related: $0
- Other: $91
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $104,646
- Related: $0
- Other: $78,236
Where can I find the form 990 for Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund?
Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund
Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund is committed to providing eligible members with valuable opportunities for apprenticeship, education, and training. This nonprofit organization's mission is focused on equipping its members with the necessary skills and knowledge required for gaining a foothold in their respective industries. By offering comprehensive training programs, Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund empowers its members to advance their careers and contribute positively to their communities.
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Impact
August, 2024
Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund plays a crucial role in providing eligible members with apprenticeship opportunities, education, and training. This impact is significant as it directly contributes to the professional development and skill-building of individuals within the industry. By offering these resources, the Fund helps individuals enhance their abilities, advance their careers, and ultimately contribute to the industry's growth and success. This initiative not only benefits the individual members but also has a positive ripple effect on the overall workforce and community.
This information is meant to be a general summary of Iupat District Council No 7 Joint Apprenticeship & Training Trust 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: -$590
- Program Service Revenue: $1,953,366
- Gross Receipts: $1,953,366
Assets and Liabilities:
- Total Assets: $1,218,551
- Total Liabilities: $119,385
- Net Assets: $1,099,166
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTORS' CONTRIBUT
Revenue
$1,797,617
REIMBURSED OF SERVICES
Revenue
$155,749
Organization Details
Founding Year
2004
Phone
(262) 797-7800Principal Officer
Brian Baumgartner
Main Address
2901 W BELTLINE HWY 100, MADISON, WI, 537134231
NTEE Category
Code: B60 - Education
If you are a representative of Iupat District Council No 7 Joint Apprenticeship & Training Trust Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.