Overview
What is Plumbers Local Union No 690 Apprenticeship Training Fund?
Plumbers Local Union No 690 Apprenticeship Training Fund is a nonprofit organization situated in Philadelphia, Pennsylvania. Their primary mission is to support the training of plumber apprentices by covering related costs and expenses. This is the sole program and service they offer, with all their revenues and expenses being directed towards this purpose. The organization strives to equip the next generation of plumbers, ensuring they receive comprehensive training to excel in their profession.
Is Plumbers Local Union No 690 Apprenticeship Training Fund legitimate?
Plumbers Local Union No 690 Apprenticeship Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Plumbers Local Union No 690 Apprenticeship Training 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: $812,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,951
For more financial information, click here
What is the mission statement of Plumbers Local Union No 690 Apprenticeship Training Fund?
The Plumbers Local Union No 690 Apprenticeship Training Fund is established with a mission to cover the expenses related to the training of plumber apprentices. This is the primary objective and the sole program service of the organization. All the revenues and expenditures are allocated towards this purpose, ensuring the effective training of future plumbers. The fund aims to contribute to the skill development in the plumbing industry, thereby fostering a workforce capable of meeting the industry's demands.
Who is the CEO of Plumbers Local Union No 690 Apprenticeship Training Fund?
Thomas J Mcnulty is the Co-Chairman of Plumbers Local Union No 690 Apprenticeship Training Fund.
What is the revenue of Plumbers Local Union No 690 Apprenticeship Training Fund?
Plumbers Local Union No 690 Apprenticeship Training Fund's revenue in 2022 was $1,521,167.
Who are the executives of Plumbers Local Union No 690 Apprenticeship Training Fund and what are their salaries?
Here are 11 key members and their salaries:
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- Compensation: $10,678
- Related: $159,599
- Other: $105,145
- Compensation: $153,353
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- Other: $115,668
- Compensation: $145,896
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- Other: $113,985
- Compensation: $150,227
- Related: $0
- Other: $115,816
Where can I find the form 990 for Plumbers Local Union No 690 Apprenticeship Training Fund?
Plumbers Local Union No 690 Apprenticeship Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers Local Union No 690 Apprenticeship Training Fund
Plumbers Local Union No 690 Apprenticeship Training Fund is established with a primary objective. Its mission is to cover the expenses and costs associated with the training of plumber apprentices. This is the primary program and service offered by the organization, with all revenues and expenditures directed towards this purpose. The fund serves as a crucial resource, ensuring that future plumbers receive the necessary training to excel in their field.
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Impact
October, 2024
Plumbers Local Union No 690 Apprenticeship Training Fund significantly contributes to the plumbing industry by offsetting the costs associated with training plumber apprentices. This initiative ensures aspiring plumbers receive comprehensive training and education in their craft, which is crucial for maintaining high standards in the profession.
By defraying training expenses, the Fund enhances access to apprenticeship opportunities, allowing more individuals to enter the plumbing workforce. This not only helps meet the increasing demand for skilled tradespeople but also supports the long-term sustainability of the plumbing industry.
The Fund's focus on providing financial support for training ensures that apprentices can gain essential skills while minimizing their financial burden. As a result, participants are better prepared to contribute effectively to their communities and the economy upon completion of their training. Overall, the Plumbers Local Union No 690 Apprenticeship Training Fund plays a vital role in workforce development and the improvement of plumbing services in Philadelphia and beyond.
This information is meant to be a general summary of Plumbers Local Union No 690 Apprenticeship Training 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: $36,385
- Program Service Revenue: $1,480,782
- Gross Receipts: $1,622,887
Assets and Liabilities:
- Total Assets: $1,926,712
- Total Liabilities: $53,786
- Net Assets: $1,872,926
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,442,061
REGISTRATION FEES
Revenue
$30,530
SALE OF IPADS
Revenue
$4,875
SALE OF TEXTBOOKS
Revenue
$2,630
EXPENSE REIMBURSEMENT
Revenue
$671
Organization Details
Founding Year
1955
Phone
(215) 677-6900Principal Officer
Thomas J Mcnulty
Main Address
2791 SOUTHAMPTON ROAD, PHILADELPHIA, PA, 19154
NTEE Category
Code: J40 - Employment
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