Overview
What is Asbestos Workers Local No 42 Apprenticeship Training & Education Fund?
Asbestos Workers Local No 42 Apprenticeship Training & Education Fund is a nonprofit organization situated in Englewood Cliffs, New Jersey, at 140 Sylvan Avenue. Their primary purpose is to offer a comprehensive training and educational program for apprentices, and at the discretion of their trustees, for journeyworkers. This fund aims to equip and empower individuals in the asbestos industry with the necessary skills and knowledge to excel in their careers. Their mission, as stated in the information provided, is to serve as a platform for providing educational opportunities, fostering growth, and enhancing the proficiency of aspiring and experienced workers in the field. With a modest workforce of four employees, this fund plays a significant role in shaping the future of the asbestos industry by investing in its people.
Is Asbestos Workers Local No 42 Apprenticeship Training & Education Fund legitimate?
Asbestos Workers Local No 42 Apprenticeship Training & Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbestos Workers Local No 42 Apprenticeship Training & 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: $19,368
For more financial information, click here
What is the mission statement of Asbestos Workers Local No 42 Apprenticeship Training & Education Fund?
The Asbestos Workers Local No 42 Apprenticeship Training & Education Fund is established with the mission to offer a comprehensive training and educational program for apprentices. At the discretion of the trustees, the fund also extends this opportunity to journeymen. The primary objective is to enhance the skills and knowledge of these individuals, thereby contributing to their professional growth and development. The fund serves as a vital resource in equipping the workforce with the necessary tools to excel in their respective fields.
Who is the CEO of Asbestos Workers Local No 42 Apprenticeship Training & Education Fund?
Preston Iii Smith is the Union Trustee of Asbestos Workers Local No 42 Apprenticeship Training & Education Fund.
What is the revenue of Asbestos Workers Local No 42 Apprenticeship Training & Education Fund?
Asbestos Workers Local No 42 Apprenticeship Training & Education Fund's revenue in 2022 was $110,334.
Who are the executives of Asbestos Workers Local No 42 Apprenticeship Training & Education Fund and what are their salaries?
The average compensation at Asbestos Workers Local No 42 Apprenticeship Training & Education Fund during 2022 was $4,842. There are 4 employees at Asbestos Workers Local No 42 Apprenticeship Training & Education Fund.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Asbestos Workers Local No 42 Apprenticeship Training & Education Fund?
Asbestos Workers Local No 42 Apprenticeship Training & Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Asbestos Workers Local No 42 Apprenticeship Training & Education Fund
Asbestos Workers Local No 42 Apprenticeship Training & Education Fund is dedicated to offering a comprehensive training and educational program for both apprentices and, at the discretion of its trustees, journeymen. The exempt purpose of this fund is to equip these individuals with the necessary skills and knowledge to excel in their respective fields. The program is designed to cater to the needs of both apprentices, who are just beginning their careers, and journeymen, who seek to advance their skills. The trustees of the fund have the discretion to extend these opportunities, ensuring a continuous learning environment and fostering professional growth.
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Impact
October, 2024
Asbestos Workers Local No 42 Apprenticeship Training & Education Fund significantly impacts the workforce by delivering specialized training and educational opportunities tailored for apprentices and, when deemed appropriate, journeymen. This structured program equips participants with essential skills and knowledge pertinent to asbestos removal and handling, ensuring a high standard of safety and professionalism within the industry.
By investing in education, the Fund enhances the capabilities of its workers, increasing employability and fostering a culture of continuous learning. The program's emphasis on skilled training not only strengthens individual careers but also contributes positively to workplace safety and compliance with regulatory standards in the construction and renovation sectors. The Fund's efforts in developing a knowledgeable and skilled workforce ensure that the local community benefits from well-trained professionals committed to maintaining safe environments.
This information is meant to be a general summary of Asbestos Workers Local No 42 Apprenticeship Training & 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.
- Program Service Revenue: $101,237
- Gross Receipts: $110,334
Assets and Liabilities:
- Total Assets: $202,393
- Total Liabilities: $2,584
- Net Assets: $199,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$101,237
Organization Details
Founding Year
1970
Phone
(717) 681-5760Principal Officer
Preston Iii Smith
Main Address
140 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NJ, 07632
NTEE Category
Code: J22Z - Employment
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