Overview
What is Finishing Trades Institute Of The Mid-Atlantic Region?
The Finishing Trades Institute of the Mid-Atlantic Region is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary objective is to offer organized training and educational programs for apprentices and journey-level workers through a multi-employer collectively bargained plan. This institute, affiliated with the International Union of Painters and Allied Trades Construction Industries, aims to equip individuals with necessary skills for career advancement to journey-person status and further education. By doing so, it supports the success of various skill trade unions and contractor associations in the region. The institute operates with a workforce of 82 dedicated employees.
Official website here: www.dc21.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Finishing Trades Institute Of The Mid-Atlantic Region has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. With a score of 96% in the Accountability & Finance category, the organization demonstrates strong governance practices, including a fully independent board and effective financial oversight. This high rating reflects their commitment to transparency and responsible use of resources.
One of the notable strengths of the institute is its robust financial practices, evidenced by a program expense ratio of 83.03%, which suggests that a significant majority of its expenditures directly support its programs. Additionally, the absence of any material diversion of assets demonstrates a solid commitment to fiduciary responsibility. The organization also maintains a comprehensive set of policies such as conflict of interest and whistleblower protections, further enhancing its credibility.
While the data does not highlight specific programs or outcomes, the strong financial metrics and governance structure signal a well-managed organization. Stakeholders can have confidence in the effectiveness and integrity of the Finishing Trades Institute, knowing their contributions are likely to be utilized effectively in support of its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Finishing Trades Institute Of The Mid-Atlantic Region?
90% of those who reviewed on Facebook recommend the Finishing Trades Institute of the Mid-Atlantic Region. Here’s what they have to say: Enthusiastic support is evident from a member who has been with the organization since its inception, expressing love for the union and hope for the prosperity of its members.
The reviews reflect a strong sense of community and pride among supporters, who seem to have confidence in the organization's mission and impact. The passion for the union's work and dedication towards helping its members achieve success is a recurring theme.
Overall, the sentiment is overwhelmingly positive, indicating that individuals appreciate the services and support provided by the Finishing Trades Institute. Many appear to feel a strong connection to the organization’s goals and activities.
This AI summary has been generated from reviews found on Facebook.
Is Finishing Trades Institute Of The Mid-Atlantic Region legitimate?
Finishing Trades Institute Of The Mid-Atlantic Region is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finishing Trades Institute Of The Mid-Atlantic Region 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: $1,931,528
For more financial information, click here
Official website here: www.dc21.org
What is the mission statement of Finishing Trades Institute Of The Mid-Atlantic Region?
The Finishing Trades Institute of the Mid-Atlantic Region is dedicated to providing essential skills to individuals, enabling their career advancement towards journeyperson status and continued education within the International Union of Painters and Allied Trades construction industries. This commitment to apprentice and journeyperson education and training is crucial for the success of various skill trade unions and contractor associations. The institute's mission is focused on fostering the growth and development of skilled workers in the industry, thereby contributing to its overall prosperity.
Official website here: www.dc21.org
Who is the CEO of Finishing Trades Institute Of The Mid-Atlantic Region?
Fran Mclaughlin is the Employer Trustee/Co-Chairm of Finishing Trades Institute Of The Mid-Atlantic Region.
Official website here: www.dc21.org
What is the revenue of Finishing Trades Institute Of The Mid-Atlantic Region?
Finishing Trades Institute Of The Mid-Atlantic Region's revenue in 2022 was $5,233,981.
Official website here: www.dc21.org
Who are the executives of Finishing Trades Institute Of The Mid-Atlantic Region and what are their salaries?
The average compensation at Finishing Trades Institute Of The Mid-Atlantic Region during 2022 was $23,555. There are 82 employees at Finishing Trades Institute Of The Mid-Atlantic Region.
Here are 29 key members and their salaries:
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Official website here: www.dc21.org
Where can I find the form 990 for Finishing Trades Institute Of The Mid-Atlantic Region?
Finishing Trades Institute Of The Mid-Atlantic Region's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dc21.org
Learn more at the official website: www.dc21.org
Mission Statement of Finishing Trades Institute Of The Mid-Atlantic Region
The Finishing Trades Institute of the Mid-Atlantic Region is committed to equipping individuals with essential skills, facilitating their advancement to journeyperson status, and providing continuous education in the construction industries affiliated with the International Union of Painters and Allied Trades. This organization acknowledges the importance of apprentice and journeyperson education and training, recognizing its significant role in the success of various skill trade unions and contractor associations. By offering this vital training, the Finishing Trades Institute of the Mid-Atlantic Region contributes to the growth and development of its industry, empowering individuals to excel in their chosen careers.
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Impact
October, 2024
The Finishing Trades Institute of the Mid-Atlantic Region plays a crucial role in enhancing workforce development within the construction industry by providing comprehensive training and educational programs. It equips individuals with the necessary skills for career advancement to journeyperson status. This focus on apprenticeship and ongoing education directly contributes to the growth and success of various skilled trade unions and contractor associations.
By offering structured training opportunities through a collectively bargained plan, the institute not only helps individuals gain valuable trade skills but also ensures that the workforce remains competitive and knowledgeable in the ever-evolving construction environment. This commitment to education strengthens the industry as a whole, promoting higher standards of workmanship and safety.
Moreover, the institute fosters economic growth in the region by preparing a skilled labor force that meets the demands of employers. Graduates of the program are better positioned to find stable employment, contributing to their communities and the broader economy. Overall, the Finishing Trades Institute of the Mid-Atlantic Region is vital to developing highly skilled professionals who support the sustainable growth of the construction sector.
This information is meant to be a general summary of Finishing Trades Institute Of The Mid-Atlantic Region. 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: $166,342
- Program Service Revenue: $4,577,258
- Gross Receipts: $5,234,864
Assets and Liabilities:
- Total Assets: $12,373,178
- Total Liabilities: $635,388
- Net Assets: $11,737,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$4,572,668
APPLICATION FEES
Revenue
$4,590
Organization Details
Founding Year
1968
Phone
(215) 501-0130Principal Officer
Fran Mclaughlin
Main Address
2190 HORNIG ROAD, PHILADELPHIA, PA, 19116
Website
www.dc21.orgNTEE Category
Code: J22 - Employment
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