Overview
What is Sheet Metal Workers Local 27 Educational Trust Fund?
The Sheet Metal Workers Local 27 Educational Trust Fund is a nonprofit organization situated in Farmingdale, New Jersey. Its primary purpose is to offer a comprehensive five-year curriculum for apprentices enrolled in the union's apprentice program. This training aims to ensure that all participants receive the highest caliber of education and instruction. Beyond apprentices, the fund also provides continuing education for journeyworkers, ensuring they remain at the forefront of their respective fields. The Trust Fund's mission is to deliver educational programs and instruction, thereby equipping both apprentices and journeyworkers with the necessary skills to excel in their chosen profession. The organization employs a team of 12 individuals dedicated to this cause.
Official website here: www.smwlu27.org/funds.html
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Sheet Metal Workers Local 27 Educational Trust Fund has received a Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This score is primarily based on the organization’s accountability and finance practices, indicating a strong commitment to financial transparency and responsible management. The absence of material asset diversion and a high program expense ratio suggests that funds are being effectively utilized for their intended educational programs.
The organization demonstrates strengths in governance, notably with an independent board size consisting of three independent members, which is favorable for decision-making. They also excel in their financial oversight, with a robust audit and oversight committee. However, the charity has room for improvement as it lacks a whistleblower policy and a document retention and destruction policy.
While the charity's financial practices appear sound, the missing policies indicate a need for stronger internal controls and ethical guidelines. Overall, the Sheet Metal Workers Local 27 Educational Trust Fund shows promise, but addressing these limitations could enhance its governance and accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Workers Local 27 Educational Trust Fund legitimate?
Sheet Metal Workers Local 27 Educational Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Workers Local 27 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: $347,531
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,396
For more financial information, click here
Official website here: www.smwlu27.org/funds.html
What is the mission statement of Sheet Metal Workers Local 27 Educational Trust Fund?
The Sheet Metal Workers Local 27 Educational Trust Fund is committed to providing educational programs and instruction for union apprentices and participants who have been accepted into the apprentice program. The primary objective of the fund is to offer a mandatory 5-year curriculum for these apprentices. Furthermore, the trust fund provides continuing education and instruction to journeyworkers to ensure that all participants receive the best possible training. The purpose of these educational initiatives is to equip them with the necessary skills to succeed in their respective careers within the sheet metal industry.
Official website here: www.smwlu27.org/funds.html
Who is the CEO of Sheet Metal Workers Local 27 Educational Trust Fund?
Christopher W George is the Trustee of Sheet Metal Workers Local 27 Educational Trust Fund.
Official website here: www.smwlu27.org/funds.html
What is the revenue of Sheet Metal Workers Local 27 Educational Trust Fund?
Sheet Metal Workers Local 27 Educational Trust Fund's revenue in 2022 was $1,391,614.
Official website here: www.smwlu27.org/funds.html
Who are the executives of Sheet Metal Workers Local 27 Educational Trust Fund and what are their salaries?
The average compensation at Sheet Metal Workers Local 27 Educational Trust Fund during 2022 was $41,911. There are 12 employees at Sheet Metal Workers Local 27 Educational Trust Fund.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $195,820
- Other: $122,626
- Compensation: $0
- Related: $158,471
- Other: $115,705
- Compensation: $0
- Related: $158,471
- Other: $115,754
- Compensation: $173,761
- Related: $19,115
- Other: $118,580
- Compensation: $173,770
- Related: $0
- Other: $109,572
Official website here: www.smwlu27.org/funds.html
Where can I find the form 990 for Sheet Metal Workers Local 27 Educational Trust Fund?
Sheet Metal Workers Local 27 Educational Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smwlu27.org/funds.html
Learn more at the official website: www.smwlu27.org/funds.html
Mission Statement of Sheet Metal Workers Local 27 Educational Trust Fund
The Sheet Metal Workers Local 27 Educational Trust Fund is committed to providing education and training for union apprentices and participants. Their mission, in essence, is to offer educational programs and instruction to journeyworkers and apprentices who have been accepted into the apprentice program. The primary objective of this fund is to establish a mandatory five-year curriculum for apprentices entering the program and to deliver continuing education and instruction to journeyworkers. This approach ensures that all participants receive the highest level of training, enabling them to excel in their respective fields.
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Impact
October, 2024
The Sheet Metal Workers Local 27 Educational Trust Fund significantly enhances workforce development through its dedicated education and training programs for union apprentices and participants. By providing a comprehensive five-year curriculum for apprentices accepted into the program, it ensures that new entrants to the industry receive rigorous and structured training.
Additionally, the Trust Fund emphasizes the importance of lifelong learning by offering continuing education and instruction for journeymen. This commitment to skill enhancement guarantees that all participants remain current with industry standards and practices, ultimately leading to a more skilled and competitive workforce.
Located in Farmingdale, NJ, the Trust Fund’s mission to deliver high-quality educational programs fosters professional growth and ensures that its members are equipped with the necessary skills and knowledge to excel in their careers. The impact of this initiative resonates not only within the community but also contributes to the overall advancement of the sheet metal industry.
This information is meant to be a general summary of Sheet Metal Workers Local 27 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: $16,919
- Program Service Revenue: $960,227
- Gross Receipts: $1,391,614
Assets and Liabilities:
- Total Assets: $1,844,597
- Total Liabilities: $373,613
- Net Assets: $1,470,984
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$960,227
Organization Details
Founding Year
1984
Phone
(732) 919-1988Principal Officer
Christopher W George
Main Address
PO BOX 847, FARMINGDALE, NJ, 077270847
Website
www.smwlu27.org/funds.htmlNTEE Category
Code: B60 - Education
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