Overview
What is Laborers Local 17 Training & Educational Trust Fund?
The Laborers Local 17 Training & Educational Trust Fund is a nonprofit organization dedicated to the learning and development of union members affiliated with Laborers' International Union of North America Local 17. Through their mission, they provide comprehensive training and educational programs, aiming to enhance the skills and knowledge of their members. This nonprofit is an essential resource for union workers, contributing to their professional growth and personal development within their respective industries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Laborers Local 17 Training & Educational Trust Fund has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in certain areas. The overall score of 62% reflects strengths primarily in accountability and finance, where they achieved a perfect score in several categories, suggesting a well-managed financial oversight and a commitment to integrity.
However, the organization struggles significantly with board independence, scoring 0 out of 8 points in that category, which raises concerns about governance and decision-making transparency. Additionally, the program expense ratio is notably low at 1 out of 25 points, suggesting that a very small portion of their expenditures is directed towards direct programming, which could limit their impact in the community they serve.
While the organization has established strong policies regarding conflicts of interest and whistleblower protections, the lack of independent board members and low program expenditure efficiency highlight critical areas for improvement. Addressing these issues could enhance the organization's effectiveness and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Laborers Local 17 Training & Educational Trust Fund legitimate?
Laborers Local 17 Training & Educational Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laborers Local 17 Training & Educational 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: $233,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $662,958
For more financial information, click here
What is the mission statement of Laborers Local 17 Training & Educational Trust Fund?
The Laborers Local 17 Training & Educational Trust Fund is committed to educating and training union members associated with the Laborers' International Union of North America Local 17. Their mission is to equip these members with necessary skills and knowledge, thereby empowering them in their respective professions. The fund focuses on providing comprehensive educational programs and training sessions to ensure that the union members remain competent and up-to-date in their respective fields. By investing in the education and development of its members, the Laborers Local 17 Training & Educational Trust Fund aims to contribute to the overall growth and success of the union.
Who is the CEO of Laborers Local 17 Training & Educational Trust Fund?
Wayne K Mackey is the Board Chairm of Laborers Local 17 Training & Educational Trust Fund.
What is the revenue of Laborers Local 17 Training & Educational Trust Fund?
Laborers Local 17 Training & Educational Trust Fund's revenue in 2022 was $2,161,675.
Who are the executives of Laborers Local 17 Training & Educational Trust Fund and what are their salaries?
The average compensation at Laborers Local 17 Training & Educational Trust Fund during 2022 was $40,742. There are 22 employees at Laborers Local 17 Training & Educational Trust Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $297,278
- Other: $143,354
- Compensation: $0
- Related: $213,775
- Other: $113,149
- Compensation: $0
- Related: $210,496
- Other: $111,692
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $169,498
- Related: $10,100
- Other: $64,124
Where can I find the form 990 for Laborers Local 17 Training & Educational Trust Fund?
Laborers Local 17 Training & Educational Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laborers Local 17 Training & Educational Trust Fund
The Laborers Local 17 Training & Educational Trust Fund is committed to educating and training union members affiliated with Laborers' International Union of North America Local 17. This nonprofit organization aims to equip its members with the necessary skills and knowledge to excel in their respective fields. By providing comprehensive training programs, the Trust Fund empowers its members to enhance their professional capabilities, thereby contributing positively to their respective unions and industries. Through continuous education, the Trust Fund fosters a culture of growth and development within the union, ensuring its members are well-equipped to face the challenges of the modern workforce.
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Impact
October, 2024
Laborers Local 17 Training & Educational Trust Fund significantly enhances the skill sets and career prospects of union members from Laborers' International Union of North America Local 17. By providing comprehensive training and educational programs, the fund equips members with the necessary tools to excel in their careers and adapt to the ever-changing demands of the labor market.
Based in Newburgh, NY, the Trust Fund offers a structured approach to professional development, ensuring that members are not only proficient in their trades but also knowledgeable about safety standards and industry best practices. This focus on education leads to a more competent workforce, promoting job stability and higher wages for members.
Moreover, the training programs foster a sense of community and solidarity among members, reinforcing the union's collective strength. By investing in education and skill development, Laborers Local 17 Training & Educational Trust Fund plays a crucial role in enhancing employment opportunities and advocating for the professional growth of its members.
This information is meant to be a general summary of Laborers Local 17 Training & Educational 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: $109,900
- Program Service Revenue: $1,581,350
- Gross Receipts: $2,519,679
Assets and Liabilities:
- Total Assets: $6,786,711
- Total Liabilities: $607,043
- Net Assets: $6,179,668
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$1,581,350
Organization Details
Founding Year
1984
Phone
(845) 562-1121Principal Officer
Wayne K Mackey
Main Address
451C LITTLE BRITAIN ROAD, NEWBURGH, NY, 12550
NTEE Category
Code: J22Z - Employment
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