Overview
What is Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co?
Refrigeration Ac & Service Div(Ua-NJ) Education Fund, under the care of Ie Shaffer & Co, is a nonprofit organization situated in West Trenton, New Jersey. Their primary mission is to offer apprenticeship training and continuous education for eligible journeymen within the refrigeration and air conditioning sector. By providing this valuable service, they contribute to the professional development of skilled workers in this field, thereby fostering a well-equipped workforce.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
The Refrigeration Ac & Service Div (Ua-Nj) Education Fund has received an 82% score from Charity Navigator, indicating a solid level of accountability and financial health. The organization boasts a 100% independent board with a total of ten members, demonstrating strong governance practices. With no reported material diversion of assets and comprehensive internal oversight, the charity shows a commitment to transparency and responsible management.
Financially, the organization performs well, with a high program expense ratio of 90.87%, meaning that the vast majority of its funds are allocated directly to its charitable programs. The low liabilities to assets ratio of 0.74% suggests a strong financial position, enabling the organization to sustain its activities and support its mission effectively.
While the overall rating is commendable, potential donors and stakeholders might want to consider keeping an eye on ongoing operations and strategic initiatives. Continuous monitoring of the charity's performance and impact will ensure that it remains focused on its goals and effectively utilizes its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co legitimate?
Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co 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: $809,073
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co?
The Refrigeration AC & Service Div(Ua-Nj) Education Fund, managed by Ie Shaffer & Co, is committed to providing apprenticeship training and continuing education opportunities for eligible journeymen. Their primary mission is to equip these individuals with the necessary skills and knowledge to excel in their field. Through this initiative, they aim to foster growth and development within the refrigeration and service division, ultimately benefiting both the participants and the industry as a whole. The fund's activities encompass both initial apprenticeship training and ongoing education, providing a holistic approach to skill enhancement.
What is the revenue of Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co?
Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co's revenue in 2024 was $2,051,050.
Who are the executives of Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co and what are their salaries?
Here are 18 key members and their salaries:
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- Compensation: $140,816
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- Other: $57,803
Where can I find the form 990 for Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co?
Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co
Refrigeration Ac & Service Div(Ua-Nj) Education Fund, overseen by Ie Shaffer & Co, is committed to providing valuable apprenticeship training and continuous education to eligible journeymen. Their mission is centered around equipping these individuals with the necessary skills and knowledge to excel in their field. By offering comprehensive training programs, the fund aims to foster the growth and development of journeymen, ultimately contributing to the overall strength of the industry. This nonprofit organization is dedicated to investing in the future of skilled workers, recognizing the importance of ongoing education in maintaining a high level of competence and expertise.
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Impact
October, 2024
The Refrigeration AC & Service Division (UA-NJ) Education Fund - C/O Ie Shaffer & Co significantly impacts the workforce by offering apprenticeship training and continuing education for journeymen in the HVACR industry. By fostering skill development among eligible participants, the program enhances job readiness and promotes professional growth. This initiative addresses the critical need for skilled technicians in a rapidly evolving field, thereby contributing to improved service quality and safety standards in the refrigeration and air conditioning sectors. Moreover, it supports economic stability by equipping participants with the knowledge and experience needed to thrive in their careers, ultimately benefiting the broader community and industry.
This information is meant to be a general summary of Refrigeration Ac & Service Div(Ua-Nj) Education Fund - C/O Ie Shaffer & Co. 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 2024.
- Investment Income: $49,472
- Program Service Revenue: $2,001,272
- Gross Receipts: $2,051,050
Assets and Liabilities:
- Total Assets: $3,392,113
- Total Liabilities: $25,391
- Net Assets: $3,366,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,909,618
REIMBURSEMENTS
Revenue
$70,746
GRANT
Revenue
$20,908
Organization Details
Founding Year
1969
Principal Officer
Dennis Whitby
NTEE Category
Code: J22 - Employment
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