Ibew Local Union 456 Jatc

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

EIN: 222103358 ✦ North brunswick, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Ibew Local Union 456 Jatc?

Ibew Local Union 456 Jatc is a nonprofit organization situated in North Brunswick, New Jersey, specifically at 1295 Livingston Avenue. Their primary focus is to offer education and training for apprentices under IBEW 456. This educational and training program equips each apprentice with the necessary skills required in the industry. The organization maintains training facilities to ensure the continuous development of their apprentices and journeyworkers in the electrical construction trades industry. With a dedicated workforce of 18 individuals, Ibew Local Union 456 Jatc is committed to enhancing the proficiency and expertise of its members, contributing to the growth of the electrical construction industry.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 2 Stars (64%)

The IBEW Local Union 456 JATC has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a total score of 64%. This rating indicates a need for improvement in areas of accountability and transparency. While the organization has maintained a solid financial structure, the absence of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about governance practices.

Strengths noted include an independent board size that is fully compliant and financial oversight that is well-handled, as indicated by their Audit and Oversight Committee score. Furthermore, the organization demonstrates a low liabilities-to-assets ratio, showcasing sound financial health. However, the lack of transparency is highlighted by missing essential documents on their website, which could hinder stakeholder trust.

Overall, while IBEW Local Union 456 JATC appears to manage its financial responsibilities effectively, significant gaps in governance policies and the accessibility of important information could detract from its overall effectiveness and public perception. Addressing these limitations may enhance its rating and community impact in the future.


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

Is Ibew Local Union 456 Jatc legitimate?

Ibew Local Union 456 Jatc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ibew Local Union 456 Jatc 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: $112,261

For more financial information, click here

What is the mission statement of Ibew Local Union 456 Jatc?

The Ibew Local Union 456 Jatc is committed to maintaining training facilities, serving as a platform for the education and training of apprentices and journeymen in the electrical construction trades industry. Their mission is centered around equipping these individuals with the necessary skills required for their profession. By offering education and training, Ibew Local Union 456 Jatc enables each apprentice to grow and excel within their field.

Who is the CEO of Ibew Local Union 456 Jatc?

Craig Coffey is the Chairman of Ibew Local Union 456 Jatc.

What is the revenue of Ibew Local Union 456 Jatc?

Ibew Local Union 456 Jatc's revenue in 2022 was $689,020.

Who are the executives of Ibew Local Union 456 Jatc and what are their salaries?

The average compensation at Ibew Local Union 456 Jatc during 2022 was $6,237. There are 18 employees at Ibew Local Union 456 Jatc.


Here are 6 key members and their salaries:


Craig Coffey (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis F Cronin (Treasurer)
  • Compensation: $0
  • Related: $2,713
  • Other: $0
Kevin Van Liew (Secretary)
  • Compensation: $1,534
  • Related: $0
  • Other: $656
Jeferey Shaute (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Smith (Trustee)
  • Compensation: $1,534
  • Related: $0
  • Other: $656
Nick Sambucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local Union 456 Jatc?

Ibew Local Union 456 Jatc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local Union 456 Jatc

IBEW Local Union 456 JATC is dedicated to maintaining training facilities and providing education and instruction for apprentices and journeymen in the electrical construction trades industry. Their mission is centered around equipping these individuals with the necessary skills required for their respective roles. By offering a comprehensive training program, IBEW Local Union 456 JATC enables each apprentice to grow and excel in their chosen field, ultimately contributing positively to the electrical construction industry as a whole.

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Impact




July, 2024

Ibew Local Union 456 Jatc's impact lies in its dedication to providing top-notch training and education for apprentices and journeymen within the electrical construction trades industry. By maintaining training facilities and offering comprehensive education programs, the organization ensures that each apprentice acquires the necessary skills to excel in the industry. This training and education not only benefit the individuals participating but also contribute to the overall growth and expertise of the electrical construction industry in North Brunswick, NJ, and beyond.




This information is meant to be a general summary of Ibew Local Union 456 Jatc. 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
$689,020 (2022)
Expenses
$674,648 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $32,774
  • Program Service Revenue: $656,246
  • Gross Receipts: $698,440

Assets and Liabilities:

  • Total Assets: $2,771,949
  • Total Liabilities: $40,197
  • Net Assets: $2,731,752

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Programs

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

EMPLOYERS' CONTRIBUTIO

Revenue

$599,196

BOOK SALES

Revenue

$57,050

Organization Details

Founding Year

1956

Principal Officer

Craig Coffey

Main Address

1295 LIVINGSTON AVENUE, NORTH BRUNSWICK, NJ, 08902

NTEE Category

Code: J22 - Employment

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