Overview
What is Baltimore Washington Laborers' Joint Training Fund?
Baltimore Washington Laborers' Joint Training Fund is a nonprofit organization situated in Baltimore, Maryland. Their primary focus is to provide training opportunities for construction laborers, enabling them to acquire new skills or enhance their existing ones. This organization aims to ensure that every union laborer in their community has the necessary skills to maintain stable employment, work safely, and offer their employers a competitive edge over nonunion employers. The training fund operates with a team of six dedicated individuals.
Official website here: www.dcltf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Baltimore Washington Laborers' Joint Training Fund has achieved an impressive rating of 96%, reflecting strong performance in Accountability & Finance. This high score is driven entirely by the organization's commitment to transparency and proper financial management, demonstrating a robust structure in governance and oversight.
The evaluation highlights the effectiveness of the fund's leadership, with a fully independent board and stringent policies in place, including conflict of interest and whistleblower protections. Additionally, the organization has maintained a low liabilities-to-assets ratio, suggesting sound financial health and sustainability.
Although the data does not provide insight into program impact or community outcomes, the high percentage of program expenses indicates that a significant portion of the fund's resources is directed toward its mission. Overall, the Baltimore Washington Laborers' Joint Training Fund exemplifies a well-managed nonprofit dedicated to its training objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Washington Laborers' Joint Training Fund legitimate?
Baltimore Washington Laborers' Joint Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Washington Laborers' Joint 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: $196,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $350,149
For more financial information, click here
Official website here: www.dcltf.org
What is the mission statement of Baltimore Washington Laborers' Joint Training Fund?
The Baltimore Washington Laborers' Joint Training Fund is committed to ensuring that every union laborer possesses the necessary skills. This aim is multifaceted, encompassing the maintenance of secure employment, promoting safe work environments, and providing employers with a competitive edge over non-union counterparts. The fund achieves this objective by offering nonprofit training programs that allow construction craft laborers to acquire new skills or enhance their existing ones. These enhanced abilities enable newcomers to enter the construction industry with confidence.
Official website here: www.dcltf.org
What is the revenue of Baltimore Washington Laborers' Joint Training Fund?
Baltimore Washington Laborers' Joint Training Fund's revenue in 2023 was $1,769,222.
Official website here: www.dcltf.org
Who are the executives of Baltimore Washington Laborers' Joint Training Fund and what are their salaries?
The average compensation at Baltimore Washington Laborers' Joint Training Fund during 2023 was $91,066. There are 6 employees at Baltimore Washington Laborers' Joint Training Fund.
Here are 13 key members and their salaries:
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- Compensation: $140,790
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- Other: $55,456
Official website here: www.dcltf.org
Where can I find the form 990 for Baltimore Washington Laborers' Joint Training Fund?
Baltimore Washington Laborers' Joint Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dcltf.org
Learn more at the official website: www.dcltf.org
Mission Statement of Baltimore Washington Laborers' Joint Training Fund
The Baltimore Washington Laborers' Joint Training Fund is committed to ensuring that every union laborer in their purview possesses the necessary skills to maintain secure employment, work safely, and provide their employers with a competitive edge over non-union employers. This mission-driven organization focuses on offering construction craft laborers training programs to acquire new skills or enhance their existing ones, thereby equipping them confidently to enter the construction industry. The Baltimore Washington Laborers' Joint Training Fund serves as a vital resource for union laborers, enabling them to uphold high standards of safety and efficiency in the workplace.
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Impact
October, 2024
The Baltimore Washington Laborers' Joint Training Fund significantly enhances the skill set of union laborers in the construction industry, ensuring that they are well-equipped to meet the demands of their jobs. By providing comprehensive training programs, it helps laborers acquire new skills or upgrade their existing ones, thereby fostering a safer work environment and promoting sound employment practices.
This targeted training not only empowers workers but also gives employers a competitive advantage over nonunion counterparts. As laborers are trained to work effectively and safely, the overall quality of construction projects improves, resulting in better outcomes for both workers and employers alike. Ultimately, the Fund plays a crucial role in supporting the construction workforce and elevating the standards within the industry.
This information is meant to be a general summary of Baltimore Washington Laborers' Joint 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 2023.
- Investment Income: $120,529
- Program Service Revenue: $1,651,351
- Gross Receipts: $3,179,043
Assets and Liabilities:
- Total Assets: $9,542,351
- Total Liabilities: $148,223
- Net Assets: $9,394,128
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,651,351
Organization Details
Founding Year
1969
Principal Officer
Ryan Boyer
Website
www.dcltf.orgNTEE Category
Code: J220 - Employment
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