Overview
What is Iron Workers Local No 383 Training Program Trust?
Iron Workers Local No 383 Training Program Trust is a nonprofit organization situated in Madison, Wisconsin. Their primary focus is to offer comprehensive training programs for apprentices and journey-level iron workers affiliated with Local 383. This nonprofit organization is dedicated to equipping its members with essential skills and knowledge to excel in their respective roles within the ironworking industry. With a modest workforce of 11 individuals, this trust aims to empower its members and contribute to the overall growth and development of the local ironworking community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Iron Workers Local No 383 Training Program Trust has achieved an 82% score, reflecting a solid level of accountability and finance management. This rating is solely based on their Accountability & Finance score, which indicates a well-structured organization with strong oversight. The charity boasts a fully independent board with eight members, ensuring decisions are made without conflicts of interest.
One of the notable strengths of this organization is its outstanding financial health, demonstrated by a perfect liabilities to assets ratio of 0.00%. Additionally, the program expense ratio is high at 91.10%, suggesting that most of its resources are efficiently directed towards its programs rather than administrative costs. This bodes well for stakeholders seeking transparency and effective use of donations.
While the overall score is commendable, it is important to note that the rating does not encompass other factors like program impact or community feedback. However, the absence of any material diversion of assets and the documented board meeting minutes indicate a high degree of operational integrity and commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Iron Workers Local No 383 Training Program Trust legitimate?
Iron Workers Local No 383 Training Program Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Workers Local No 383 Training Program Trust 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: $24,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,216
For more financial information, click here
What is the mission statement of Iron Workers Local No 383 Training Program Trust?
The Iron Workers Local No 383 Training Program Trust is committed to offering educational programs for apprentices and journey-level iron workers affiliated with Local 383. Their primary mission is to provide comprehensive training that equips these individuals with the necessary skills to excel in their profession. By offering these programs, the trust aims to enhance the overall proficiency and competence of the iron workers, thereby contributing to the growth and development of the industry. The training programs are designed to meet the evolving needs of the iron working industry, ensuring that the participants are always up-to-date with the latest techniques and technologies. The trust also serves as a resource hub, offering continuous support and guidance to its trainees throughout their career journey.
Who is the CEO of Iron Workers Local No 383 Training Program Trust?
Tim Deminter is the Trustee of Iron Workers Local No 383 Training Program Trust.
What is the revenue of Iron Workers Local No 383 Training Program Trust?
Iron Workers Local No 383 Training Program Trust's revenue in 2022 was $515,642.
Who are the executives of Iron Workers Local No 383 Training Program Trust and what are their salaries?
The average compensation at Iron Workers Local No 383 Training Program Trust during 2022 was $18,026. There are 11 employees and 6 volunteers at Iron Workers Local No 383 Training Program Trust.
Here are 7 key members and their salaries:
- Compensation: $21,780
- 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 Iron Workers Local No 383 Training Program Trust?
Iron Workers Local No 383 Training Program Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iron Workers Local No 383 Training Program Trust
Iron Workers Local No 383 Training Program Trust is committed to providing comprehensive training programs for both apprentices and journeyman iron workers associated with Local 383. This nonprofit organization's primary goal is to equip these individuals with the necessary skills and knowledge required for their roles in the iron working industry. Through their training programs, they aim to ensure that the workforce is well-equipped, capable, and ready to contribute effectively to their respective projects. The mission of Iron Workers Local No 383 Training Program Trust is to foster growth and development within the iron working community by investing in high-quality, specialized training programs.
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Impact
July, 2024
Iron Workers Local No 383 Training Program Trust's impact lies in providing high-quality training programs for apprentices and journeyman iron workers of Local 383 in Madison, WI. By offering such programs, they contribute to the professional development and expertise of individuals in the ironworking industry. This training equips workers with the necessary skills and knowledge to excel in their field, ultimately leading to improved job performance and enhanced career opportunities. Through their focused efforts, they support the growth and success of iron workers in the local community, facilitating employment and economic stability for individuals involved in this specialized trade.
This information is meant to be a general summary of Iron Workers Local No 383 Training Program Trust. 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: $515,642
- Gross Receipts: $515,642
Assets and Liabilities:
- Total Assets: $573,064
- Total Liabilities: $0
- Net Assets: $573,064
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$515,642
Organization Details
Founding Year
1971
Phone
(608) 278-9500Principal Officer
Tim Deminter
Main Address
2901 WEST BELTLINE, MADISON, WI, 537134226
NTEE Category
Code: J22 - Employment
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