Overview
What is New Jersey Chapter American Concrete Institute?
The New Jersey Chapter of the American Concrete Institute is a nonprofit organization located in Ringoes, New Jersey. Their primary focus is on providing certification programs for contractors in the concrete industry. They have certified numerous individuals in various roles, including field test technicians, lab testing technicians, concrete strength testing technicians, and concrete construction special inspectors. The organization generates funds through these certification programs, which are then utilized to grant scholarships to students, thereby supporting their career advancement in the concrete sector. With a small team, they contribute significantly to the professional development of individuals in the concrete industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The New Jersey Chapter of the American Concrete Institute has received a Two-Star out of Four Star rating, with an overall score of 67%. This rating highlights some strengths, particularly in board independence, as 93% of its board members are independent. The organization also reports a strong program expense ratio of nearly 79%, indicating that a significant portion of its funds is directed toward its programs and services.
However, there are notable weaknesses in terms of accountability and financial transparency. The organization has not provided financial statements, which has resulted in a low score in that area. Additionally, essential governance policies, such as conflict of interest and whistleblower policies, are missing, which raises concerns about the organization's operational rigor and oversight.
Overall, while the New Jersey Chapter of the American Concrete Institute demonstrates strong programmatic focus and board independence, the lack of financial documentation and governance policies indicates an area in need of improvement in order to bolster trust and accountability within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is New Jersey Chapter American Concrete Institute legitimate?
New Jersey Chapter American Concrete Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Chapter American Concrete Institute 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: $67,117
For more financial information, click here
What is the mission statement of New Jersey Chapter American Concrete Institute?
The New Jersey Chapter of the American Concrete Institute has a mission to offer certification programs for contractors. The earnings from these programs are then utilized to grant scholarships to students, aiming to boost their careers in the field. By providing these educational opportunities, the organization contributes to the advancement of concrete construction and technology. The chapter has successfully certified numerous professionals, including field test technicians, lab testing technicians, concrete strength testing technicians, and concrete construction special inspectors.
Who is the CEO of New Jersey Chapter American Concrete Institute?
Joe Tedesco is the Exec. Director of New Jersey Chapter American Concrete Institute.
What is the revenue of New Jersey Chapter American Concrete Institute?
New Jersey Chapter American Concrete Institute's revenue in 2022 was $579,313.
Who are the executives of New Jersey Chapter American Concrete Institute and what are their salaries?
The average compensation at New Jersey Chapter American Concrete Institute during 2022 was $67,117. There is 1 employee at New Jersey Chapter American Concrete Institute.
Here are 15 key members and their salaries:
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- Compensation: $96,840
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Where can I find the form 990 for New Jersey Chapter American Concrete Institute?
New Jersey Chapter American Concrete Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Jersey Chapter American Concrete Institute
The New Jersey Chapter of the American Concrete Institute is committed to providing education programs that lead to the certification of contractors. The primary objective of these programs is to generate funds, which are then utilized to grant scholarships to students. By offering these scholarships, the organization aims to aid in the advancement of their careers. Through its certification programs, the New Jersey Chapter of the American Concrete Institute has certified various professionals, including 278 Field Test Technicians, 13 Lab Testing Technicians, 49 Concrete Strength Testing Technicians, and 120 Concrete Construction Special Inspectors. These certifications not only benefit the individuals but also contribute to the overall development and advancement of the concrete industry.
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Impact
July, 2024
New Jersey Chapter American Concrete Institute's impact lies in its provision of education programs for certifying contractors in the field of concrete work. This certification program has led to the accreditation of numerous professionals, including 278 field test technicians, 13 lab testing technicians, and 49 concrete strength testing technicians. Additionally, 120 concrete construction special inspectors have also been certified through this program. Furthermore, the organization utilizes the proceeds generated from these certification programs to fund scholarships for students, enabling them to further their careers in the construction industry. This dual approach of certifying professionals and supporting students showcases the organization's commitment to advancing the quality and expertise within the concrete construction field, ultimately contributing to the overall improvement of the community.
This information is meant to be a general summary of New Jersey Chapter American Concrete Institute. 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: $41,503
- Program Service Revenue: $526,000
- Gross Receipts: $596,212
Assets and Liabilities:
- Total Assets: $1,824,568
- Total Liabilities: $0
- Net Assets: $1,824,568
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACI CERTIFICATION SEMI
Revenue
$442,886
PROGRAM SERVICES
Revenue
$75,117
ACI CERTIFICATION EXAM
Revenue
$7,997
Organization Details
Founding Year
1963
Phone
(732) 940-1803Principal Officer
Joe Tedesco
Main Address
PO BOX 638, RINGOES, NJ, 08551
NTEE Category
Code: S40Z - Community improvement
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