Overview
What is Plumbers & Pipefitters Local 162 Apprenticeship Tr?
Plumbers & Pipefitters Local 162 Apprenticeship Training is a nonprofit organization situated in Dayton, Ohio. Its primary mission is to provide comprehensive educational opportunities for individuals pursuing careers in plumbing, pipefitting, refrigeration, heating, air conditioning, and allied industries. Specifically, it offers both classroom and on-the-job training for apprentices and continuing education for journey-level workers. The organization also sponsors and finances activities that aim to enhance the knowledge and skills of employees within these industries. With a team of 19 dedicated individuals, Plumbers & Pipefitters Local 162 Apprenticeship Training is committed to fostering professional growth and development within the plumbing and pipefitting sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The Plumbers & Pipefitters Local 162 Apprenticeship Training program has achieved a strong rating of 94%, indicating a high level of accountability and financial health. This score, which is entirely based on the Accountability & Finance beacon, reflects the organization's commitment to transparency and effective management of resources. A Four-Star rating suggests that donors can have confidence that their contributions are being utilized wisely.
The organization boasts a fully independent board, with 100% of members serving without conflicts of interest. Additionally, its financial oversight mechanisms are robust, as evidenced by a perfect score in areas such as audit and oversight, material diversion of assets, and policies for whistleblower protection. The program expense ratio of 77.58% further indicates that a significant portion of funding directly supports its training initiatives.
While the data does not highlight major limitations, it is important to note that the high accountability and finance scores do not provide insights into programmatic outcomes or community impact. Therefore, stakeholders are encouraged to consider both financial health and program effectiveness when assessing the overall efficacy of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Plumbers & Pipefitters Local 162 Apprenticeship Tr legitimate?
Plumbers & Pipefitters Local 162 Apprenticeship Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plumbers & Pipefitters Local 162 Apprenticeship Tr 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: $162,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,282
For more financial information, click here
What is the mission statement of Plumbers & Pipefitters Local 162 Apprenticeship Tr?
The Plumbers & Pipefitters Local 162 Apprenticeship Training establishes a school for the education and training of apprentices and journeyworkers in various industries such as plumbing, pipefitting, refrigeration, heating, air conditioning, and allied trades. The Education Trust Fund, a part of this organization, adopts programs, policies, rules, regulations, and procedures for the admission, education, and training of employees. Furthermore, the fund sponsors or finances activities aimed at enhancing the knowledge and skills of employees associated with the plumbing and pipefitting industries, as deemed necessary by the trustees.
Who is the CEO of Plumbers & Pipefitters Local 162 Apprenticeship Tr?
Ryan Haskins is the Trustee of Plumbers & Pipefitters Local 162 Apprenticeship Tr.
What is the revenue of Plumbers & Pipefitters Local 162 Apprenticeship Tr?
Plumbers & Pipefitters Local 162 Apprenticeship Tr's revenue in 2023 was $583,402.
Who are the executives of Plumbers & Pipefitters Local 162 Apprenticeship Tr and what are their salaries?
The average compensation at Plumbers & Pipefitters Local 162 Apprenticeship Tr during 2023 was $18,543. There are 19 employees at Plumbers & Pipefitters Local 162 Apprenticeship Tr.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $102,747
- Other: $85,314
- Compensation: $0
- Related: $102,516
- Other: $84,380
- Compensation: $100,677
- Related: $0
- Other: $61,364
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Plumbers & Pipefitters Local 162 Apprenticeship Tr?
Plumbers & Pipefitters Local 162 Apprenticeship Tr's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Plumbers & Pipefitters Local 162 Apprenticeship Tr
Plumbers & Pipefitters Local 162 Apprenticeship Training establishes and maintains a school for the education and training of apprentices and journey workers in the plumbing, pipe fitting, refrigeration, heating, air conditioning, and allied industries. The Education Trust Fund, initiated by Plumbers & Pipefitters Local 162 Apprenticeship Training, adopts programs, plans, policies, rules, regulations, and procedures for the admission, education, and training of its employees. Furthermore, this fund sponsors and finances activities that, in the trustees' opinion, will enhance the knowledge and skills of employees associated with the plumbing and pipe fitting industries. In essence, Plumbers & Pipefitters Local 162 Apprenticeship Training is committed to equipping its employees with the necessary skills and knowledge to excel in their respective fields, contributing to the growth and development of the plumbing and pipe fitting industries.
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Impact
July, 2024
Plumbers & Pipefitters Local 162 Apprenticeship Training Program has a significant impact on the plumbing and pipefitting industries by providing valuable training and education to individuals seeking to become apprentices and journeymen. Through its education trust fund, the program establishes a school for training in plumbing, pipe fitting, refrigeration, heating, air conditioning, and related fields. By offering both classroom instruction and on-the-job training, the program ensures that participants receive a well-rounded education that prepares them for successful careers in these industries.
The hands-on training provided by Plumbers & Pipefitters Local 162 helps individuals develop the necessary knowledge and skills to excel in their roles, contributing to a skilled workforce in the plumbing and pipefitting sectors. Through their commitment to continuing education for journeymen, the program also helps experienced professionals stay up-to-date with the latest industry practices and technologies.
Overall, the impact of Plumbers & Pipefitters Local 162 Apprenticeship Training Program is evident in the growth and development of a highly skilled workforce, supporting employment opportunities and professional advancement in the plumbing and pipefitting industries.
This information is meant to be a general summary of Plumbers & Pipefitters Local 162 Apprenticeship Tr. 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: -$2,179
- Program Service Revenue: $563,581
- Gross Receipts: $1,087,142
Assets and Liabilities:
- Total Assets: $964,713
- Total Liabilities: $3,645
- Net Assets: $961,068
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTOR CONTRIBUTIONS
Revenue
$481,355
CUYAHOGA COMMUNITY COLLEGE
Revenue
$63,744
STUDENT TEXTBOOKS & FEES
Revenue
$11,613
MISCELLANEOUS REVENUE
Revenue
$6,869
Organization Details
Founding Year
1896
Principal Officer
Ryan Haskins
Main Address
1200 E 2ND STREET, DAYTON, OH, 45403
NTEE Category
Code: J22 - Employment
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