Operating Engineers Local 17 Training Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237087500 ✦ Lake view, NY ✦ Designated as a 501(c)(3)

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Overview

What is Operating Engineers Local 17 Training Fund?

Operating Engineers Local 17 Training Fund is a nonprofit organization situated in Lake View, New York. Their primary mission is to educate and train apprentices and existing members of Local 17, with the objectives of enhancing skills, improving safety education, and certifying/recertifying members in essential areas. This nonprofit organization, with a workforce of eight individuals, offers various courses throughout the fiscal year to help members excel in their professions, ensuring they maintain the necessary certifications.


Official website here: www.iuoe-17.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Operating Engineers Local 17 Training Fund has achieved an impressive 96% rating from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects the organization’s commitment to transparency and effective governance, with a board that is entirely independent and consists of nine members. The organization has established policies such as conflict of interest and whistleblower protections, which further reinforce its dedication to ethical practices.

Financially, the Training Fund demonstrates exceptional efficiency, with a program expense ratio of 95.02%, meaning the vast majority of funds are directed toward its programs rather than administrative costs. Additionally, the organization has a very low liabilities to assets ratio of 1.45%, suggesting a strong financial position and minimal risk regarding its obligations. This prudent financial management allows the organization to focus on its core mission.

There are no notable limitations or concerns reported in the data, reinforcing the organization's reputation as a responsible and effective nonprofit. Overall, the Operating Engineers Local 17 Training Fund stands out as a well-managed and impactful organization, making it a worthy option for potential donors or partners.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Operating Engineers Local 17 Training Fund?

Everyone seems very enthusiastic about the Operating Engineers Local 17 Training Fund. Here's a summary based on user reviews:

Participants have expressed a high level of appreciation for the friendly and supportive environment at the training fund. They highlight how well the staff addressed questions and facilitated interactions, particularly with various types of equipment. Young attendees were especially engaged, with hands-on experiences and opportunities to explore different trades, indicating that the event is not just informative but also inspiring.

The organization’s ability to create a space that promotes learning and exposure to various career paths is a consistent theme in the reviews. Many parents noted the positive impact this experience had on their children, suggesting a strong commitment from both the current workers and retirees to guide and support the younger generation. Overall, it appears that the Training Fund effectively provides valuable experiences that resonate deeply with attendees and their families.


This AI summary has been generated from reviews found on Facebook.

Is Operating Engineers Local 17 Training Fund legitimate?

Operating Engineers Local 17 Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Local 17 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: $206,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $429,215

For more financial information, click here


Official website here: www.iuoe-17.com

What is the mission statement of Operating Engineers Local 17 Training Fund?

The Operating Engineers Local 17 Training Fund is dedicated to providing education and training for apprentices and members. This non-profit organization conducts training courses to equip apprentices with necessary skills during the fiscal year. Additionally, it offers courses to other members of Local 17 to enhance their abilities, improve safety education, and certify/recertify them in essential areas. The mission of the Operating Engineers Local 17 Training Fund is primarily focused on fostering personal growth and professional development among its members.


Official website here: www.iuoe-17.com

Who is the CEO of Operating Engineers Local 17 Training Fund?

James A Smolinski Jr is the Union Trst./ of Operating Engineers Local 17 Training Fund.


Official website here: www.iuoe-17.com

What is the revenue of Operating Engineers Local 17 Training Fund?

Operating Engineers Local 17 Training Fund's revenue in 2023 was $1,782,917.


Official website here: www.iuoe-17.com

Who are the executives of Operating Engineers Local 17 Training Fund and what are their salaries?

The average compensation at Operating Engineers Local 17 Training Fund during 2023 was $79,461. There are 8 employees at Operating Engineers Local 17 Training Fund.


Here are 10 key members and their salaries:


James A Smolinski Jr (Union Trst./)
  • Compensation: $120,050
  • Related: $0
  • Other: $89,482
Brian Benchley (Employer Tru)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Fekete (Union Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hopkins (Union Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
James C Logan (Employer Tru)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas May (Employer Tru)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Osinski (Employer Tru)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Palmeri (Union Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Salvadore (Employer Tru)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Swain (Union Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iuoe-17.com

Where can I find the form 990 for Operating Engineers Local 17 Training Fund?

Operating Engineers Local 17 Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.iuoe-17.com

Learn more at the official website: www.iuoe-17.com

Mission Statement of Operating Engineers Local 17 Training Fund

The Operating Engineers Local 17 Training Fund is committed to providing education and training opportunities for apprentices and members. Their mission is centered around enhancing the skills of its members, improving safety education, and certifying or recertifying them in necessary areas. This nonprofit organization conducts various training courses during the fiscal year, catering not only to apprentices but also to other members of Local 17 to help them advance in their respective fields. By doing so, the Operating Engineers Local 17 Training Fund contributes to the professional development of its members, ensuring they remain competent in their roles and adhere to safety standards.

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Impact




October, 2024

The Operating Engineers Local 17 Training Fund significantly enhances the skills and safety qualifications of its apprentices and members, directly impacting the workforce in the construction and heavy equipment operation sectors. By offering comprehensive training courses, the fund helps apprentices gain the necessary skills to excel in their careers, ensuring they are well-prepared for real-world challenges.

In addition to supporting apprentices, the training fund provides essential courses for existing members, enhancing their skill sets and promoting ongoing professional development. This commitment to education not only improves individual competencies but also elevates overall safety standards within the industry. Certifications and recertifications ensure that all members adhere to the latest safety protocols and industry best practices.

Located in Lake View, NY, the fund's mission contributes to a more competent and safety-conscious workforce, which ultimately benefits employers and the community alike by reducing workplace accidents and improving operational efficiency. The focus on continuous learning supports career advancement and employment opportunities for current and future operators, making a lasting impact on the local economy.




This information is meant to be a general summary of Operating Engineers Local 17 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.

Revenue
$1,782,917 (2023)
Expenses
$1,636,041 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $27,053
  • Program Service Revenue: $1,617,069
  • Gross Receipts: $1,996,340

Assets and Liabilities:

  • Total Assets: $3,986,551
  • Total Liabilities: $57,914
  • Net Assets: $3,928,637

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$1,617,069

Organization Details

Founding Year

1968

Principal Officer

James A Smolinski Jr

Main Address

2342 PLEASANT AVE, LAKE VIEW, NY, 14085

NTEE Category

Code: J22 - Employment

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