Overview
What is Bac Adc Of New Jersey Apprentice Training And Educational Fund?
The Bac Adc Of New Jersey Apprentice Training And Educational Fund is a nonprofit organization situated in Bordentown, New Jersey. With a modest workforce of 11 individuals, their primary focus is on providing comprehensive training for apprentices in various trades that fall under the jurisdiction of the Bricklayers & Allied Craftworkers Administrative District Council of New Jersey. Their mission is centered around equipping these apprentices with the necessary skills, thereby contributing to the development of the construction industry in the state.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Bac Adc Of New Jersey Apprentice Training And Educational Fund has received an 82% rating from Charity Navigator, which translates to a Three-Star designation. This score reflects a strong performance in the Accountability & Finance category, indicating that the organization is effectively managing its resources and adhering to sound financial practices.
Strengths of the organization include a fully independent board, with all eight members meeting the criteria for independence. Additionally, the organization has demonstrated solid financial oversight, as evidenced by its perfect scores in areas such as the audit and oversight committee's functioning and the absence of material diversion of assets. The program expense ratio is notably high at 80.48%, suggesting that a significant portion of its funds is allocated to its mission-driven activities.
However, while the organization excels in accountability and financial management, potential donors may want to consider the overall impact and outreach of its programs, as these aspects are not reflected in the rating. Overall, it appears to be a well-managed nonprofit with a commitment to maintaining transparency and accountability in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Bac Adc Of New Jersey Apprentice Training And Educational Fund legitimate?
Bac Adc Of New Jersey Apprentice Training And Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bac Adc Of New Jersey Apprentice Training And Educational 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,927
For more financial information, click here
What is the mission statement of Bac Adc Of New Jersey Apprentice Training And Educational Fund?
The Bac Adc of New Jersey Apprentice Training and Educational Fund is dedicated to providing education and training for apprentices in various crafts, within the purview of the Bricklayers & Allied Craftworkers Administrative District Council of New Jersey. Their primary mission is to equip these apprentices with the necessary skills, ensuring they are well-prepared for their respective trades. This is achieved through a focused curriculum and hands-on training, ultimately contributing to the growth and development of the workforce in these specific fields.
Who is the CEO of Bac Adc Of New Jersey Apprentice Training And Educational Fund?
John F Capo is the Trustee of Bac Adc Of New Jersey Apprentice Training And Educational Fund.
What is the revenue of Bac Adc Of New Jersey Apprentice Training And Educational Fund?
Bac Adc Of New Jersey Apprentice Training And Educational Fund's revenue in 2022 was $518,724.
Who are the executives of Bac Adc Of New Jersey Apprentice Training And Educational Fund and what are their salaries?
The average compensation at Bac Adc Of New Jersey Apprentice Training And Educational Fund during 2022 was $14,084. There are 11 employees at Bac Adc Of New Jersey Apprentice Training And Educational Fund.
Here are 9 key members and their salaries:
- Compensation: $119,256
- Related: $0
- Other: $67,311
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bac Adc Of New Jersey Apprentice Training And Educational Fund?
Bac Adc Of New Jersey Apprentice Training And Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bac Adc Of New Jersey Apprentice Training And Educational Fund
Bac Adc of New Jersey Apprentice Training and Educational Fund is committed to educating and training apprentices in various crafts that fall under the jurisdiction of the Bricklayers & Allied Craftworkers Administrative District Council of New Jersey. This nonprofit organization's mission is centered around providing hands-on, practical training to aspiring craftsmen, expanding their skill sets and preparing them for a successful career within their chosen field. By offering comprehensive apprenticeship programs, Bac Adc of New Jersey Apprentice Training and Educational Fund contributes to the development of a skilled workforce, fostering growth and advancement in various crafts industries within the state.
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Impact
July, 2024
The impact of the Bac Adc Of New Jersey Apprentice Training And Educational Fund is significant in equipping apprentices with the skills and knowledge necessary for various crafts within the jurisdiction of the Bricklayers & Allied Craftworkers Administrative District Council of NJ. By providing training in these specialized fields, the organization contributes to the development of a skilled workforce, thereby enhancing employment opportunities for individuals seeking careers in these industries. Ultimately, the Fund's efforts help to meet the demand for skilled labor in the region and support the growth of the construction sector.
This information is meant to be a general summary of Bac Adc Of New Jersey Apprentice Training And Educational 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: $39,740
- Program Service Revenue: $467,892
- Gross Receipts: $2,412,277
Assets and Liabilities:
- Total Assets: $4,796,348
- Total Liabilities: $1,665,043
- Net Assets: $3,131,305
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$323,596
IMI Program Grants
Revenue
$129,283
Other Income
Revenue
$15,013
Organization Details
Founding Year
1969
Phone
(609) 324-9681Principal Officer
John F Capo
Main Address
3281 Route 206, Bordentown, NJ, 08505
NTEE Category
Code: J22 - Employment
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