Overview
What is Plumbers And Pipefitters Local 9 Education Fund?
Plumbers and Pipefitters Local 9 Education Fund is a nonprofit organization situated in West Trenton, New Jersey. With a team of fifteen dedicated individuals, their primary mission is to provide comprehensive apprenticeship training and continuing education opportunities to eligible journeymen within the plumbing and pipefitting sector. By investing in this educational growth, they aim to equip and empower local professionals to maintain and advance their skills in this vital trade.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Plumbers And Pipefitters Local 9 Education Fund has received an 82% rating, reflecting strong performance in accountability and finance. This score is based entirely on their accountability practices, indicating a solid foundation in managing resources effectively. The organization boasts a fully independent board, which is a positive sign for governance and decision-making transparency.
The financial health of the nonprofit appears robust, with a low liabilities-to-assets ratio of 0.65%, suggesting that they manage their debts effectively. Additionally, they have a high program expense ratio of 84.84%, meaning a significant portion of their funds goes directly towards their educational initiatives, which aligns well with their mission of supporting education in the plumbing and pipefitting trades.
No major issues were noted, such as material diversion of assets, and they have transparent practices in place, including maintaining documented board meeting minutes. Overall, the Plumbers And Pipefitters Local 9 Education Fund demonstrates strong accountability and a commitment to their educational objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Plumbers And Pipefitters Local 9 Education Fund legitimate?
Plumbers And Pipefitters Local 9 Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plumbers And Pipefitters Local 9 Education 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: $636,911
For more financial information, click here
What is the mission statement of Plumbers And Pipefitters Local 9 Education Fund?
The Plumbers and Pipefitters Local 9 Education Fund is committed to offering apprenticeship training and ongoing education for eligible participants. Their primary objective is to empower journeymen in the plumbing and pipefitting field by providing them with the necessary skills and knowledge to excel in their profession. Through this educational program, the fund aims to enhance the competency and expertise of its participants, ultimately contributing to the industry's growth and development. The fund's mission is centered around equipping journeymen with the tools they need to succeed, ensuring a skilled workforce in the field of plumbing and pipefitting.
Who is the CEO of Plumbers And Pipefitters Local 9 Education Fund?
Michael Maloney is the Trustee of Plumbers And Pipefitters Local 9 Education Fund.
What is the revenue of Plumbers And Pipefitters Local 9 Education Fund?
Plumbers And Pipefitters Local 9 Education Fund's revenue in 2022 was $1,779,011.
Who are the executives of Plumbers And Pipefitters Local 9 Education Fund and what are their salaries?
The average compensation at Plumbers And Pipefitters Local 9 Education Fund during 2022 was $42,461. There are 15 employees at Plumbers And Pipefitters Local 9 Education Fund.
Here are 16 key members and their salaries:
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- Related: $173,412
- Other: $105,488
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- Related: $157,270
- Other: $104,228
- Compensation: $1,675
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- Other: $1,469
- Compensation: $3,120
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- Compensation: $124,591
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- Other: $96,400
- Compensation: $118,035
- Related: $0
- Other: $96,170
- Compensation: $129,767
- Related: $0
- Other: $96,170
- Compensation: $132,140
- Related: $0
- Other: $96,170
Where can I find the form 990 for Plumbers And Pipefitters Local 9 Education Fund?
Plumbers And Pipefitters Local 9 Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers And Pipefitters Local 9 Education Fund
Plumbers and Pipefitters Local 9 Education Fund is dedicated to providing comprehensive apprenticeship training and continuing education opportunities for eligible journeymen. This nonprofit organization's mission is centered around empowering individuals in the plumbing and pipefitting field by offering them the necessary skills and knowledge through structured training programs and ongoing educational resources. By investing in the development of its participants, Plumbers and Pipefitters Local 9 Education Fund is contributing to the advancement of the industry and the career growth of its members.
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Impact
October, 2024
The Plumbers and Pipefitters Local 9 Education Fund significantly contributes to the skilled workforce in the plumbing and pipefitting industry. By providing apprenticeship training and ongoing education for eligible participants, the fund ensures that workers can develop and enhance their skills, maintaining high standards of workmanship. This training is vital for journeymen who seek to stay current with industry practices and innovations.
Through its programs, the fund plays a crucial role in fostering a skilled labor force in West Trenton, NJ, and surrounding areas, directly impacting employment opportunities. By equipping individuals with the knowledge and skills necessary to excel in their professions, the fund enhances workforce development and helps secure a steady pipeline of qualified professionals in the plumbing and pipefitting sector. This not only supports individual careers but also strengthens the overall economy by ensuring that the industry meets the demands of quality work in home and commercial improvements.
This information is meant to be a general summary of Plumbers And Pipefitters Local 9 Education 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: $49,080
- Program Service Revenue: $1,729,931
- Gross Receipts: $1,779,011
Assets and Liabilities:
- Total Assets: $4,034,899
- Total Liabilities: $31,726
- Net Assets: $4,003,173
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,572,867
NET RENTAL INCOME
Revenue
$94,876
GRANTS
Revenue
$42,036
PROGRAM REIMBURSEMENTS
Revenue
$20,152
Organization Details
Founding Year
1977
Phone
(609) 718-1323Principal Officer
Michael Maloney
Main Address
830 BEAR TAVERN ROAD P O BOX 1028, WEST TRENTON, NJ, 08628
NTEE Category
Code: J22I - Employment
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