Overview
What is Iuoe Local 158 Training Fund?
Iuoe Local 158 Training Fund is a nonprofit organization situated in Cicero, New York, with a modest workforce of 15 individuals. Its primary mission is to offer apprentice training, skill enhancement, and safety education to eligible participants. By providing these resources, the organization aims to empower individuals and contribute to their professional growth and safety. The Training Fund's purpose is to equip participants with the necessary skills to excel in their respective fields, ultimately benefiting the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Iuoe Local 158 Training Fund has achieved an impressive four-star rating from Charity Navigator, indicating a high level of accountability and financial health. The score is noteworthy as it reflects a 100% accountability and finance score, demonstrating the organization's commitment to transparency and effective management of its resources.
The fund displays strong governance features, with a board comprised entirely of independent members, which enhances its integrity. The organization has implemented robust policies, including those for conflict of interest and whistleblower protections, ensuring a solid framework for ethical operations. Additionally, it has a healthy liabilities to assets ratio and a high program expense ratio, suggesting that the majority of its funds are directed toward its mission.
There are no significant limitations or concerns noted in the available data regarding the Iuoe Local 158 Training Fund, making it a reliable choice for donors looking to support a nonprofit with strong governance and financial stewardship. Overall, the organization’s performance indicates a dedicated effort to effectively train and support its constituents.
This AI summary has been generated from information found on Charity Navigator.
Is Iuoe Local 158 Training Fund legitimate?
Iuoe Local 158 Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iuoe Local 158 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $643,088
For more financial information, click here
What is the mission statement of Iuoe Local 158 Training Fund?
The Iuoe Local 158 Training Fund is committed to providing apprentice training, enhancing skills, and educating participants on safety matters. This mission is geared towards eligible individuals, aiming to equip them with the necessary competencies and safety awareness to excel in their respective fields.
What is the revenue of Iuoe Local 158 Training Fund?
Iuoe Local 158 Training Fund's revenue in 2023 was $2,660,371.
Who are the executives of Iuoe Local 158 Training Fund and what are their salaries?
The average compensation at Iuoe Local 158 Training Fund during 2023 was $40,193. There are 16 employees at Iuoe Local 158 Training Fund.
Here are 15 key members and their salaries:
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- Compensation: $123,870
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- Other: $68,338
- Compensation: $122,721
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- Other: $68,338
- Compensation: $112,046
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- Other: $66,039
Where can I find the form 990 for Iuoe Local 158 Training Fund?
Iuoe Local 158 Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Iuoe Local 158 Training Fund
Iuoe Local 158 Training Fund is dedicated to delivering apprentice training, skill enhancement, and safety education to eligible participants. This nonprofit organization's mission is centered around equipping individuals with the necessary skills and knowledge to excel in their respective trades. Through its training programs, Iuoe Local 158 Training Fund aims to foster a safe working environment and promote continuous learning within the eligible participant community. By providing comprehensive training, this nonprofit empowers its participants to improve their skills and advance in their careers.
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Impact
October, 2024
Iuoe Local 158 Training Fund significantly enhances the workforce in Cicero, NY, by providing essential apprentice training, skill improvement, and safety education to eligible participants. This initiative ensures that individuals are not only equipped with technical skills necessary for their roles but also understand the importance of safety in the workplace.
The program cultivates a well-trained workforce that meets industry demands, contributing to higher employment rates and improved job performance. Participants gain valuable hands-on experience and knowledge, making them competitive candidates in the job market. Moreover, by emphasizing safety education, the training fund plays a vital role in promoting workplace safety, reducing the likelihood of accidents, and fostering a culture of health and well-being among workers.
The impact is evident through the transformation of individuals into skilled professionals who contribute positively to their communities and the economy, ultimately raising standards within the industry.
This information is meant to be a general summary of Iuoe Local 158 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 2023.
- Investment Income: $143,691
- Program Service Revenue: $2,244,217
- Gross Receipts: $2,851,662
Assets and Liabilities:
- Total Assets: $9,017,637
- Total Liabilities: $102,725
- Net Assets: $8,914,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS CONTRIB.
Revenue
$2,175,970
RENT FROM AFFIL. ORG
Revenue
$68,247
Organization Details
Founding Year
1984
Principal Officer
Theron H Hogle
NTEE Category
Code: J22 - Employment
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