Overview
What is Joint Apprenticeship Training Fund Of Local Union 164?
The Joint Apprenticeship Training Fund of Local Union 164 is a nonprofit organization situated in Paramus, New Jersey. With a workforce of 234 individuals, their primary mission is to provide electrical training for members of Local 164. This training is not only educational but also financially supported, as they offer wages and benefits to trainees during their classes. The fund's activities are geared towards enhancing the professional skills of its members in the electrical field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Joint Apprenticeship Training Fund of Local Union 164 has received an overall score of 82%, which reflects a strong commitment to accountability and financial transparency. This rating is based entirely on its Accountability & Finance score, showcasing the organization’s effective management of resources and adherence to best practices in financial oversight.
The organization demonstrates significant strengths, with a high percentage of independent board members and effective financial statements backed by an audit and oversight committee. Its program expense ratio is commendable at 83.31%, indicating that a substantial portion of its funds is directed towards its core programs rather than administrative costs.
While the rating is positive, potential donors may want to consider the overall impact of the programs offered, as the score focuses primarily on financial accountability. However, the absence of any material diversion of assets and the documentation of board meeting minutes suggest a well-managed and trustworthy organization.
This AI summary has been generated from information found on Charity Navigator.
Is Joint Apprenticeship Training Fund Of Local Union 164 legitimate?
Joint Apprenticeship Training Fund Of Local Union #164 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joint Apprenticeship Training Fund Of Local Union #164 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: $1,095,146
For more financial information, click here
What is the mission statement of Joint Apprenticeship Training Fund Of Local Union 164?
The Joint Apprenticeship Training Fund of Local Union 164's mission is centered around providing wages and benefits to its members while they undergo electrical training. This organization is dedicated to empowering Local 164 members by offering them the opportunity to acquire electrical skills through structured training classes. The primary goal is to equip these individuals with the necessary knowledge and practical experience in the electrical field, thereby enhancing their employability and career prospects.
Who is the CEO of Joint Apprenticeship Training Fund Of Local Union 164?
Warren Becker is the Trustee of Joint Apprenticeship Training Fund Of Local Union #164.
What is the revenue of Joint Apprenticeship Training Fund Of Local Union 164?
Joint Apprenticeship Training Fund Of Local Union 164's revenue in 2022 was $4,579,435.
Who are the executives of Joint Apprenticeship Training Fund Of Local Union 164 and what are their salaries?
The average compensation at Joint Apprenticeship Training Fund Of Local Union 164 during 2022 was $4,680. There are 234 employees at Joint Apprenticeship Training Fund Of Local Union 164.
Here are 12 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $240,019
- Other: $141,941
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $178,126
- Related: $0
- Other: $108,657
- Compensation: $141,667
- Related: $0
- Other: $86,417
- Compensation: $148,539
- Related: $0
- Other: $90,609
- Compensation: $104,700
- Related: $0
- Other: $63,867
- Compensation: $153,983
- Related: $0
- Other: $93,929
Where can I find the form 990 for Joint Apprenticeship Training Fund Of Local Union 164?
Joint Apprenticeship Training Fund Of Local Union 164's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Joint Apprenticeship Training Fund Of Local Union 164
The Joint Apprenticeship Training Fund of Local Union 164 is dedicated to providing a unique service to its members. Its primary mission is to offer financial remuneration and benefits to individuals while they undergo training classes. This organization is particularly focused on providing electrical training to the members of Local Union 164. By offering wages and benefits during the training period, the Joint Apprenticeship Training Fund of Local Union 164 aims to make the pursuit of electrical skills more accessible and financially viable for its members. This approach not only supports the professional development of its members but also ensures they can maintain a stable income during their training.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Joint Apprenticeship Training Fund of Local Union 164 significantly impacts the community by providing essential electrical training for its members in Paramus, New Jersey. By offering wages and benefits while members attend training classes, it not only supports their financial stability but also encourages participation in skill development. This initiative enhances the workforce's capabilities and prepares individuals for successful careers in the electrical industry. Through this structured training program, Local Union 164 fosters a skilled labor force, contributing to the overall economic health of the region.
This information is meant to be a general summary of Joint Apprenticeship Training Fund Of Local Union 164. 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: $383,600
- Program Service Revenue: $4,031,549
- Gross Receipts: $4,778,029
Assets and Liabilities:
- Total Assets: $16,852,868
- Total Liabilities: $206,738
- Net Assets: $16,646,130
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTOR CONTRIBUTIO
Revenue
$4,031,549
Organization Details
Founding Year
1987
Phone
(201) 225-1641Principal Officer
Warren Becker
Main Address
65 WEST CENTURY ROAD, PARAMUS, NJ, 07652
NTEE Category
Code: B60 - Education
If you are a representative of Joint Apprenticeship Training Fund Of Local Union 164 and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.