Overview
What is National Elevator Industry Educational Program?
The National Elevator Industry Educational Program (NEIEP) is a nonprofit organization based in Attleboro Falls, Massachusetts. Its mission is to enhance the knowledge and skills of industry members, benefiting not just the individuals but also their employers and the elevator industry as a whole. NEIEP achieves this by offering education and training programs for elevator constructor mechanics, assistant mechanics, helpers, and apprentices. This is primarily funded through employer contributions to a trust fund, aptitude test receipts, and reimbursements for educational materials. The organization's efforts promote industry advancement and improve the overall quality of work within the elevator sector.
Official website here: www.neiep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Stars
The National Elevator Industry Educational Program holds a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization showcases a strong governance structure, with 100% of its board members being independent and a high score in financial audits, reflecting effective financial management practices.
Despite its strengths, there are some areas for improvement. The absence of a conflict of interest policy, whistleblower policy, and document retention policy suggests potential gaps in governance practices. Additionally, the lack of publicly available tax forms on the nonprofit's website may limit transparency for stakeholders.
Overall, while the organization demonstrates a commitment to financial accountability with a high program expense ratio, addressing the noted governance deficiencies could enhance its credibility and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is National Elevator Industry Educational Program legitimate?
National Elevator Industry Educational Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Elevator Industry Educational Program 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: $671,549
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,954,195
For more financial information, click here
Official website here: www.neiep.org
What is the mission statement of National Elevator Industry Educational Program?
The National Elevator Industry Educational Program (NEIEP) is dedicated to enhancing the knowledge and skills of industry members, extending beyond personal gains to benefit their employers and the elevator industry as a whole. Through employer contributions to a trust fund, NEIEP offers education and training programs designed for elevator constructor mechanics, assistant mechanics, helpers, and apprentices. These resources include aptitude test receipts and reimbursements for educational materials. The primary objective of the organization is to provide valuable learning opportunities that strengthen industry expertise, leading to improved safety, efficiency, and overall success.
Official website here: www.neiep.org
Who is the CEO of National Elevator Industry Educational Program?
David Morgan is the Trustee of National Elevator Industry Educational Program.
Official website here: www.neiep.org
What is the revenue of National Elevator Industry Educational Program?
National Elevator Industry Educational Program's revenue in 2022 was $36,648,824.
Official website here: www.neiep.org
Who are the executives of National Elevator Industry Educational Program and what are their salaries?
The average compensation at National Elevator Industry Educational Program during 2022 was $21,642. There are 722 employees and 530 volunteers at National Elevator Industry Educational Program.
Here are 19 key members and their salaries:
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- Compensation: $166,971
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- Other: $67,555
Official website here: www.neiep.org
Where can I find the form 990 for National Elevator Industry Educational Program?
National Elevator Industry Educational Program's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neiep.org
Learn more at the official website: www.neiep.org
Mission Statement of National Elevator Industry Educational Program
The National Elevator Industry Educational Program (NEIEP) is dedicated to enhancing the expertise and abilities of industry members, benefiting not only the individuals but also their employers and the elevator construction sector as a whole. The primary objective of this organization is to facilitate education and training for elevator constructor mechanics, assistant mechanics, helpers, and apprentices.
To achieve this mission, NEIEP relies on contributions from employers into a trust fund. This financial support enables the provision of diverse educational and training programs for the aforementioned professionals. The trust fund covers various expenses, including aptitude test receipts and reimbursements for necessary educational materials. The organization's sole purpose is to support its members in their professional growth, ensuring a skilled and knowledgeable workforce within the elevator industry.
In summary, the National Elevator Industry Educational Program (NEIEP) plays a pivotal role in elevating the skills and knowledge of industry members. By relying on employer contributions, the program offers various educational and training opportunities for elevator constructor mechanics, assistant mechanics, helpers, and apprentices. This commitment to improving the workforce not only benefits individual professionals but also contributes to the overall success and safety of the elevator construction industry.
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Impact
October, 2024
The National Elevator Industry Educational Program (NEIEP) significantly enhances the knowledge and skills of industry members, fostering professional development that benefits both individuals and their employers. By focusing on education and training for elevator constructor mechanics, assistant mechanics, helpers, and apprentices, the program addresses the critical need for a skilled workforce in the elevator industry.
Through a structured approach, NEIEP ensures that members receive comprehensive training funded by employer contributions to a dedicated trust fund. The educational programs cover essential topics and practical skills necessary for safe and effective elevator installation, maintenance, and repair. By providing access to aptitude tests and reimbursements for educational materials, NEIEP supports continuous learning and skill advancement.
The impact of these initiatives is profound; as industry members become more knowledgeable and proficient, they contribute to improved workplace safety, increased efficiency, and enhanced service quality. This not only elevates the standards within the elevator industry but also promotes a culture of ongoing professional development, ensuring that both employees and employers benefit from a well-trained workforce. Ultimately, NEIEP's commitment to education strengthens the entire industry, helping to meet the evolving demands of technology and safety standards in elevator operations.
This information is meant to be a general summary of National Elevator Industry Educational Program. 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: $4,272,372
- Program Service Revenue: $32,367,614
- Gross Receipts: $119,131,047
Assets and Liabilities:
- Total Assets: $171,436,015
- Total Liabilities: $8,755,232
- Net Assets: $162,680,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RECEIPTS FROM EMPLOYERS
Revenue
$32,105,452
REIMB. FOR EDUCATIONAL MATERIALS
Revenue
$141,737
APTITUDE TEST RECEIPTS
Revenue
$120,425
Organization Details
Founding Year
1967
Phone
(508) 699-2200Principal Officer
David Morgan
Main Address
11 LARSEN WAY, ATTLEBORO FALLS, MA, 02763
Website
www.neiep.orgNTEE Category
Code: J22 - Employment
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