Overview
What is Mechanical Contractors Apprenticeship & Training Reimburse?
Mechanical Contractors Apprenticeship & Training Reimburse is a nonprofit organization that specializes in apprenticeship training programs. Their primary mission is to provide employers with financial reimbursement for the time their apprentices spend in school. By administering fees and offering these reimbursements, the organization encourages employers to invest in their apprentices' education, thereby fostering skill development within the mechanical contracting industry. The organization's apprenticeship programs aim to equip young professionals with the necessary skills to excel in their respective roles.
Official website here: www.mcadetroit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.
The Mechanical Contractors Apprenticeship & Training Reimburse has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial practices. The organization scored 100% in all evaluated aspects of accountability and finance, showcasing its commitment to transparency and responsible management of resources.
Strengths of the organization include a fully independent board of directors, comprehensive financial oversight, and effective governance policies. With no reported material diversion of assets and a high program expense ratio of 98.36%, the nonprofit prioritizes its mission and ensures that the majority of its funds are directed toward programs and services.
While the rating highlights significant strengths, it is important for stakeholders to continue monitoring the organization's ongoing performance and impact. Overall, the Mechanical Contractors Apprenticeship & Training Reimburse demonstrates a solid foundation of trustworthiness and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Mechanical Contractors Apprenticeship & Training Reimburse legitimate?
Mechanical Contractors Apprenticeship & Training Reimburse is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mechanical Contractors Apprenticeship & Training Reimburse 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.
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Official website here: www.mcadetroit.org
What is the mission statement of Mechanical Contractors Apprenticeship & Training Reimburse?
Mechanical Contractors Apprenticeship and Training Reimburse, as an organization, is committed to providing apprenticeship training programs. They oversee these programs and reimburse employers for the time their apprentices spend in school. Essentially, their mission is to facilitate and support the education of future mechanical contractors, offering financial assistance to employers, thereby enabling them to invest in the professional development of their apprentices.
Official website here: www.mcadetroit.org
Who is the CEO of Mechanical Contractors Apprenticeship & Training Reimburse?
Christopher Freeman is the Trustee of Mechanical Contractors Apprenticeship & Training Reimburse.
Official website here: www.mcadetroit.org
What is the revenue of Mechanical Contractors Apprenticeship & Training Reimburse?
Mechanical Contractors Apprenticeship & Training Reimburse's revenue in 2022 was $2,423,660.
Official website here: www.mcadetroit.org
Who are the executives of Mechanical Contractors Apprenticeship & Training Reimburse and what are their salaries?
Here are 18 key members and their salaries:
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Official website here: www.mcadetroit.org
Where can I find the form 990 for Mechanical Contractors Apprenticeship & Training Reimburse?
Mechanical Contractors Apprenticeship & Training Reimburse's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcadetroit.org
Learn more at the official website: www.mcadetroit.org
Mission Statement of Mechanical Contractors Apprenticeship & Training Reimburse
Mechanical Contractors Apprenticeship & Training Reimburse is committed to providing apprenticeship training programs. This nonprofit organization takes on the responsibility of managing fees and offering reimbursements to employers, compensating them for the time their apprentices spend in school. By doing so, Mechanical Contractors Apprenticeship & Training Reimburse plays a crucial role in promoting skilled labor development within the mechanical contracting industry. The organization's mission is to ensure that apprentices receive the necessary training to become proficient in their respective trades, while simultaneously easing the financial burden on employers, thereby fostering a mutually beneficial relationship between the two parties.
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Impact
October, 2024
The Mechanical Contractors Apprenticeship & Training Reimburse plays a crucial role in strengthening the workforce within the mechanical contracting industry. By offering apprenticeship training programs, it ensures that individuals receive hands-on education and practical experience necessary for their careers. This initiative not only enhances the skills of apprentices but also addresses the skill gaps within the industry.
Employers benefit significantly, as the program reimburses them for the time their apprentices spend in school. This financial support can alleviate some of the costs associated with training new workers, encouraging more businesses to invest in the development of their employees. This model fosters a more knowledgeable and capable workforce while promoting job retention and career advancement within the field.
Moreover, by enhancing education and training opportunities, the program contributes to the overall economic health of Detroit and the surrounding areas, ensuring that the mechanical contracting sector remains competitive and robust. This ultimately leads to improved service quality for clients and the potential for workforce growth in the community. The impact extends beyond immediate employment, building a sustainable pipeline of skilled professionals for the future.
This information is meant to be a general summary of Mechanical Contractors Apprenticeship & Training Reimburse. 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: $2,423,660
- Gross Receipts: $2,423,660
Assets and Liabilities:
- Total Assets: $1,907,869
- Total Liabilities: $862,325
- Net Assets: $1,045,544
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,423,660
Organization Details
Phone
(313) 341-7661Principal Officer
Christopher Freeman
Main Address
14801 W EIGHT MILE ROAD, DETROIT, MI, 48235
Website
www.mcadetroit.orgNTEE Category
Code: B11 - Education
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