Overview
What is Local Union 102 Joint Apprenticeship Training Fund?
Local Union 102 Joint Apprenticeship Training Fund is a nonprofit organization primarily focused on providing comprehensive training for both apprentices and journeymen in the electrical field. Their mission is centered around educating and preparing individuals for careers in electrician work, ensuring a skilled workforce in this sector. The organization's activities encompass the training and development of both beginner apprentices and experienced journeymen, thereby contributing to the continuous growth and advancement of the electrical industry.
Is Local Union 102 Joint Apprenticeship Training Fund legitimate?
Local Union #102 Joint Apprenticeship Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local Union #102 Joint Apprenticeship Training 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: $199,109
Professional Fundraising Fees: $0
Other Salaries and Wages: $859,817
For more financial information, click here
What is the mission statement of Local Union 102 Joint Apprenticeship Training Fund?
The Local Union 102 Joint Apprenticeship Training Fund is committed to providing comprehensive training for both apprentices and journeymen in the field of electrician work. Their mission, in essence, is to equip and empower individuals in this trade, fostering their growth and development. The primary focus of their activities is to impart practical and theoretical knowledge, ensuring that trainees are well-prepared to excel in their chosen profession. This commitment to education and skill development is instrumental in strengthening the electrician workforce, contributing positively to various industries and communities.
Who is the CEO of Local Union 102 Joint Apprenticeship Training Fund?
Michael Scotto is the Trustee of Local Union #102 Joint Apprenticeship Training Fund.
What is the revenue of Local Union 102 Joint Apprenticeship Training Fund?
Local Union 102 Joint Apprenticeship Training Fund's revenue in 2022 was $2,716,680.
Who are the executives of Local Union 102 Joint Apprenticeship Training Fund and what are their salaries?
The average compensation at Local Union 102 Joint Apprenticeship Training Fund during 2022 was $40,728. There are 26 employees at Local Union 102 Joint Apprenticeship Training Fund.
Here are 14 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $5,934
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- Other: $3,323
- Compensation: $24,435
- Related: $0
- Other: $13,684
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $199,109
- Related: $0
- Other: $111,501
- Compensation: $142,588
- Related: $0
- Other: $79,849
- Compensation: $148,714
- Related: $0
- Other: $83,280
- Compensation: $142,588
- Related: $0
- Other: $79,849
- Compensation: $142,588
- Related: $0
- Other: $79,849
Where can I find the form 990 for Local Union 102 Joint Apprenticeship Training Fund?
Local Union 102 Joint Apprenticeship Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local Union 102 Joint Apprenticeship Training Fund
Local Union 102 Joint Apprenticeship Training Fund is dedicated to providing comprehensive training for aspiring electricians and journeymen in their field. This nonprofit organization's mission is centered around equipping individuals with the necessary skills and knowledge to succeed as electricians. By offering apprentice and journeyman training programs, Local Union 102 Joint Apprenticeship Training Fund is committed to fostering a workforce that is both skilled and competent in the electrical industry. The organization's mission is to provide a solid foundation for electricians, ensuring they can meet the demands of the industry and contribute to its growth.
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Impact
October, 2024
The Local Union 102 Joint Apprenticeship Training Fund significantly impacts the community by providing comprehensive apprenticeship and journeyman training for electricians. This program equips individuals with the essential skills and knowledge needed to excel in the electrical trade, promoting workforce development and economic stability in the area.
By training apprentices, the fund not only enhances job readiness but also ensures a steady supply of qualified electricians, which is crucial for meeting the growing demands of the construction and maintenance industries. The program fosters career growth, offering participants a path to well-paying jobs while contributing to the overall safety and efficiency of electrical work in the community.
Moreover, by investing in workforce training, the Local Union 102 Joint Apprenticeship Training Fund helps reduce unemployment rates, strengthens the local economy, and supports the organization's mission to elevate industry standards through skilled labor. This holistic approach not only benefits individuals seeking employment but also bolsters the community's infrastructure and economic resilience.
This information is meant to be a general summary of Local Union 102 Joint Apprenticeship Training 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: $173,187
- Program Service Revenue: $2,865,766
- Gross Receipts: $3,559,641
Assets and Liabilities:
- Total Assets: $7,313,076
- Total Liabilities: $1,838,171
- Net Assets: $5,474,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,865,766
Organization Details
Founding Year
1966
Phone
(973) 887-1718Principal Officer
Michael Scotto
Main Address
50 PARSIPPANY ROAD, Parsippany, NJ, 07054
NTEE Category
Code: J40 - Employment
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