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Florida West Coast Operating Engineers Apprenticeship Trust Fund

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

EIN: 237090197 ✦ Sparks, MD ✦ Designated as a 501(c)(3)

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Overview

What is Florida West Coast Operating Engineers Apprenticeship Trust Fund?

The Florida West Coast Operating Engineers Apprenticeship Trust Fund is a nonprofit organization located in Sparks, Maryland. Its primary mission is to offer cutting-edge training to apprentices in the field of heavy equipment operation. With a team of eight dedicated individuals, the trust fund ensures that its trainees receive the latest education and instruction needed to excel in their chosen profession. The organization's focus on up-to-date training equips apprentices with the necessary skills to contribute effectively to the heavy equipment operation industry.


Official website here: www.iuoe487.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

The Florida West Coast Operating Engineers Apprenticeship Trust Fund has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a 96% score, the organization has demonstrated solid governance practices, including a fully independent board and comprehensive policies that address conflicts of interest and whistleblower protections.

The fund's financial management is noteworthy, as it maintains a low liabilities to assets ratio of 1.04% and allocates a significant portion of its expenses, approximately 86.49%, directly to programs. This indicates a strong focus on impact and efficient use of resources, which is critical for nonprofits aiming to maximize their contributions to the community.

While there are no notable limitations mentioned in the available data, the organization appears to be well-managed and transparent in its operations. This robust evaluation by Charity Navigator suggests that donors can have confidence in the Florida West Coast Operating Engineers Apprenticeship Trust Fund's ability to effectively carry out its mission and utilize funds responsibly.


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

Is Florida West Coast Operating Engineers Apprenticeship Trust Fund legitimate?

Florida West Coast Operating Engineers Apprenticeship Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida West Coast Operating Engineers Apprenticeship Trust 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: $286,804

For more financial information, click here


Official website here: www.iuoe487.org

What is the mission statement of Florida West Coast Operating Engineers Apprenticeship Trust Fund?

The Florida West Coast Operating Engineers Apprenticeship Trust Fund is committed to providing contemporary education and instruction for apprentices in the field of heavy equipment operation. Their primary mission is to equip these apprentices with the latest skills and knowledge necessary for their careers. Through up-to-date training, they aim to prepare them effectively for their roles in the heavy equipment industry. This organization is dedicated to ensuring the success and competence of its apprentices, thereby contributing to the overall growth and development of the sector.


Official website here: www.iuoe487.org

Who is the CEO of Florida West Coast Operating Engineers Apprenticeship Trust Fund?

Mark Schaunaman is the Chairman of Florida West Coast Operating Engineers Apprenticeship Trust Fund.


Official website here: www.iuoe487.org

What is the revenue of Florida West Coast Operating Engineers Apprenticeship Trust Fund?

Florida West Coast Operating Engineers Apprenticeship Trust Fund's revenue in 2023 was $700,036.


Official website here: www.iuoe487.org

Who are the executives of Florida West Coast Operating Engineers Apprenticeship Trust Fund and what are their salaries?

The average compensation at Florida West Coast Operating Engineers Apprenticeship Trust Fund during 2023 was $35,850. There are 8 employees at Florida West Coast Operating Engineers Apprenticeship Trust Fund.


Here are 6 key members and their salaries:


Mark Schaunaman (Chairman)
  • Compensation: $0
  • Related: $135,183
  • Other: $53,297
James Junecko (Vice Chairman)
  • Compensation: $0
  • Related: $91,567
  • Other: $45,664
Preston Taylor (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Carmack (Vice Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dylan Sherman (Trustee)
  • Compensation: $0
  • Related: $97,517
  • Other: $46,706
Jason Dixon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iuoe487.org

Where can I find the form 990 for Florida West Coast Operating Engineers Apprenticeship Trust Fund?

Florida West Coast Operating Engineers Apprenticeship Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.iuoe487.org

Learn more at the official website: www.iuoe487.org

Mission Statement of Florida West Coast Operating Engineers Apprenticeship Trust Fund

The Florida West Coast Operating Engineers Apprenticeship Trust Fund is devoted to providing contemporary education and instruction for apprentices in the domain of heavy equipment operation. Their primary mission is to equip these apprentices with the latest skills and knowledge necessary to excel in their respective fields. By offering up-to-date training, the fund aims to prepare these individuals for the challenges and opportunities they may encounter in their careers, ultimately contributing to the overall advancement of the heavy equipment operation industry.

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Impact




July, 2024

The impact of Florida West Coast Operating Engineers Apprenticeship Trust Fund is significant in the field of heavy equipment operation. By providing up-to-date training for apprentices, the trust fund plays a crucial role in ensuring that individuals entering this profession are well-equipped with the necessary skills and knowledge. This not only benefits the apprentices by enhancing their career prospects but also contributes to the overall efficiency and safety in the heavy equipment operation industry. The trust fund's commitment to training and instruction helps in bridging the skills gap in this field and ensures a steady supply of competent professionals in the workforce.




This information is meant to be a general summary of Florida West Coast Operating Engineers Apprenticeship Trust 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
$700,036 (2023)
Expenses
$787,773 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$98,573
  • Gross Receipts: $1,366,438

Assets and Liabilities:

  • Total Assets: $2,411,512
  • Total Liabilities: $35,796
  • Net Assets: $2,375,716

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Organization Details

Founding Year

1970

Principal Officer

Mark Schaunaman

Main Address

911 RIDGEBROOK RD, SPARKS, MD, 21152

NTEE Category

Code: B60 - Education

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