Ironworkers Local 11 Training Program Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 226065408 ✦ Springfield, NJ ✦ Designated as a 501(c)(5)

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Overview

What is Ironworkers Local 11 Training Program Trust?

Ironworkers Local 11 Training Program Trust is a nonprofit organization situated in Springfield, New Jersey, specifically at 12 Edison Place. The trust primarily serves the Ironworkers community by maintaining a training facility and running educational programs for its members and apprentices. These programs are funded through contributions from employers with collective bargaining agreements with the District Council of New Jersey. The key mission of the trust is to provide comprehensive training to its members, ensuring they are equipped with the necessary skills for their profession. With a team of 17 dedicated individuals, the trust is committed to fostering professional growth within the Ironworkers Local 11 community.


Official website here: www.ironworkersfunds.com

Is Ironworkers Local 11 Training Program Trust legitimate?

Ironworkers Local 11 Training Program Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ironworkers Local 11 Training Program Trust 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: $625,557

For more financial information, click here


Official website here: www.ironworkersfunds.com

What is the mission statement of Ironworkers Local 11 Training Program Trust?

The Ironworkers Local 11 Training Program Trust is committed to providing training for apprentices and employee members. This mission is carried out through the operation of training programs at a dedicated facility. The trust's activities are funded by contributions from employers with collective bargaining agreements in New Jersey. The primary goal is to equip these individuals with the necessary skills, thereby contributing to their professional growth and development within the ironworking industry.


Official website here: www.ironworkersfunds.com

Who is the CEO of Ironworkers Local 11 Training Program Trust?

William Kolfenbach Jr is the Employer Trustee of Ironworkers Local 11 Training Program Trust.


Official website here: www.ironworkersfunds.com

What is the revenue of Ironworkers Local 11 Training Program Trust?

Ironworkers Local 11 Training Program Trust's revenue in 2022 was $1,165,987.


Official website here: www.ironworkersfunds.com

Who are the executives of Ironworkers Local 11 Training Program Trust and what are their salaries?

The average compensation at Ironworkers Local 11 Training Program Trust during 2022 was $36,797. There are 17 employees at Ironworkers Local 11 Training Program Trust.


Here are 10 key members and their salaries:


Jack Kocsis Jr (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Archer (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Shaw (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Murawski (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Sangle (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Sweeney (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Woodall (Union Trustee)
  • Compensation: $0
  • Related: $191,148
  • Other: $140,481
John Wade Jr (Union Trustee)
  • Compensation: $0
  • Related: $191,468
  • Other: $140,481
Richard Malcolm (Union Trustee)
  • Compensation: $0
  • Related: $191,468
  • Other: $140,481
Michael Leslie (Union Trustee)
  • Compensation: $0
  • Related: $192,968
  • Other: $140,481


Official website here: www.ironworkersfunds.com

Where can I find the form 990 for Ironworkers Local 11 Training Program Trust?

Ironworkers Local 11 Training Program Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ironworkersfunds.com

Learn more at the official website: www.ironworkersfunds.com

Mission Statement of Ironworkers Local 11 Training Program Trust

The Ironworkers Local 11 Training Program Trust is dedicated to providing training opportunities for apprentices and employee members. This nonprofit organization maintains a training facility and operates various programs to equip ironworkers with the necessary skills. The funding for these initiatives comes from contributions made by employers who have collective bargaining agreements with the District Council of New Jersey.

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Impact




October, 2024

The Ironworkers Local 11 Training Program Trust plays a crucial role in enhancing the skills and employability of apprentices and current ironworkers. By maintaining a dedicated training facility and offering comprehensive training programs, it ensures that members are well-prepared to meet industry standards and safety protocols.

Funded through contributions from employers under collective bargaining agreements, the Trust not only focuses on the technical competencies required for ironworking but also promotes career advancement opportunities for its members. This investment in education directly impacts the local workforce, contributing to a skilled labor pool that can tackle the demands of modern construction projects.

Overall, the Trust’s commitment to ongoing training helps strengthen the ironworking community, improves job security for its members, and supports the construction industry in New Jersey by fostering a highly skilled and knowledgeable workforce.




This information is meant to be a general summary of Ironworkers Local 11 Training Program Trust. 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.

Revenue
$1,165,987 (2022)
Expenses
$1,346,967 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$4,384
  • Program Service Revenue: $979,247
  • Gross Receipts: $1,294,023

Assets and Liabilities:

  • Total Assets: $524,064
  • Total Liabilities: $53,637
  • Net Assets: $470,427

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$966,437

DELINQUENT INTEREST

Revenue

$12,810

Organization Details

Founding Year

1963

Principal Officer

William Kolfenbach Jr

Main Address

12 EDISON PLACE, SPRINGFIELD, NJ, 07081

NTEE Category

Code: J40 - Employment

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