Overview
What is Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund?
Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund is a nonprofit organization dedicated to the education and skill development of apprentices in the sheet metal industry. Their mission is to transform apprentices into fully qualified journeymen and to enhance the abilities of existing journeymen. This is achieved through comprehensive training programs designed to equip them with the necessary skills to excel in their respective roles within the industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's score is exclusively based on this beacon, showcasing its commitment to transparency and responsible management of funds. The FY2023 financial data indicates a well-managed organization, with a very low liability to assets ratio of 0.96%, ensuring financial stability.
Strengths of the organization include a fully independent board with 100% independent members, highlighting a governance structure that promotes unbiased decision-making. Additionally, the charity has established robust policies for conflict of interest, whistleblowing, and document retention, which further enhance its accountability. With program expenses comprising 76.95% of total expenditures, the charity demonstrates its focus on delivering its mission effectively.
While the financial health and governance practices are commendable, it is important to remain aware of the overall impact and effectiveness of the programs offered. As with any organization, continuous evaluation and adaptation to the needs of the community served will be essential for sustained success.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund legitimate?
Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Workers' Local Union No 17 Apprentice & Training 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: $684,325
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,745
For more financial information, click here
What is the mission statement of Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund?
The Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund is committed to educating apprentices, enabling them to attain the qualification of journeymen in the sheet metal industry. Additionally, the organization focuses on upgrading the skills of existing journeymen, aiming to enhance their proficiency within the sector. By providing this education and skill enhancement, the union aims to foster a skilled workforce within the sheet metal industry.
Who is the CEO of Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund?
John Martin is the Trustee of Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund.
What is the revenue of Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund?
Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund's revenue in 2022 was $3,955,612.
Who are the executives of Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund and what are their salaries?
The average compensation at Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund during 2022 was $61,205. There are 15 employees at Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund.
Here are 10 key members and their salaries:
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- Compensation: $184,817
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- Other: $125,078
- Compensation: $138,162
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- Other: $125,183
- Compensation: $139,129
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- Other: $114,900
- Compensation: $134,229
- Related: $0
- Other: $116,909
Where can I find the form 990 for Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund?
Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund
Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund is committed to educating apprentices in the sheet metal industry, with the ultimate goal of transforming them into fully-qualified journeymen. Beyond this, the organization also focuses on upgrading the skills of existing journeymen, ensuring they remain competitive in their respective fields. By investing in the education and development of its members, Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund is playing a vital role in fostering a skilled workforce within the sheet metal industry.
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Impact
October, 2024
The Sheet Metal Workers' Local Union No 17 Apprentice & Training Trust Fund plays a vital role in shaping the future of the sheet metal industry. By providing comprehensive training for apprentices, the organization ensures that individuals develop the skills necessary to become qualified journeymen. This education not only enhances individual competency but also supports the overall quality and efficiency of the workforce within the industry.
Additionally, the trust fund offers opportunities for journeymen to upgrade their skills, keeping them informed about the latest techniques and technologies in sheet metal work. This continuous professional development fosters a culture of excellence and adaptability, which benefits employers and contributes to the integrity of the industry as a whole. As a result, the trust fund helps build a skilled labor force that is equipped to meet the evolving demands of the market in Dorchester, MA, and beyond, thereby enhancing employment prospects for participants and aiding economic growth.
This information is meant to be a general summary of Sheet Metal Workers' Local Union No 17 Apprentice & Training 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: $205,490
- Program Service Revenue: $3,749,622
- Gross Receipts: $3,966,198
Assets and Liabilities:
- Total Assets: $11,992,078
- Total Liabilities: $402,368
- Net Assets: $11,589,710
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,749,622
Organization Details
Founding Year
1985
Phone
(617) 298-0850Principal Officer
John Martin
Main Address
1181 ADAMS STREET, DORCHESTER, MA, 021245710
NTEE Category
Code: J22 - Employment
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