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Laborers Training Trust Fund

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

EIN: 237222294 ✦ Reno, NV ✦ Designated as a 501(c)(5)

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Overview

What is Laborers Training Trust Fund?

The Laborers Training Trust Fund is a nonprofit organization located in Reno, Nevada, with a specific address at 445 Apple Street. Their primary mission is to offer training benefits to eligible participants, as part of the Laborers and National Apprenticeship Training Program. Their activities are centered around providing these benefits, contributing to the personal and professional development of their participants. The organization employs a modest workforce of five individuals, demonstrating their commitment to delivering these benefits efficiently.

Is Laborers Training Trust Fund legitimate?

Laborers Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Laborers Training 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: $284,538

For more financial information, click here

What is the mission statement of Laborers Training Trust Fund?

The Laborers Training Trust Fund's mission is centered around providing training benefits for its participating plan members. This organization strives to offer comprehensive training programs, as outlined in their mission description and core activity. Their primary goal is to empower individuals through skill development, enhancing their prospects and contributions in the workforce. The Laborers and National Apprenticeship Training Program, a key component of their offerings, is specifically designed for eligible participants, underscoring their commitment to workforce education and development.

Who is the CEO of Laborers Training Trust Fund?

Eloy Jara is the Trustee of Laborers Training Trust Fund.

What is the revenue of Laborers Training Trust Fund?

Laborers Training Trust Fund's revenue in 2022 was $1,301,594.

Who are the executives of Laborers Training Trust Fund and what are their salaries?

The average compensation at Laborers Training Trust Fund during 2022 was $56,908. There are 5 employees at Laborers Training Trust Fund.


Here are 7 key members and their salaries:


Richard Skip Daly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Madole (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Reeder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eloy Jara (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Elizondo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kinney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarrett Rosenau (Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laborers Training Trust Fund?

Laborers Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laborers Training Trust Fund

The Laborers Training Trust Fund, as its name suggests, is committed to providing training benefits for its plan participants. This nonprofit organization undertakes this mission with a focus on eligible participants through the Laborers and National Apprenticeship Training Program. By offering this training, the Laborers Training Trust Fund aims to equip its members with the necessary skills and knowledge to excel in their respective fields, thereby enhancing their career prospects and contributing positively to their communities. The organization's activities revolve around providing training benefits, making it a valuable resource for individuals seeking to enhance their skills and advance in their careers.

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Impact




October, 2024

The Laborers Training Trust Fund significantly impacts the workforce by providing essential training benefits to eligible participants in the labor industry. Through its comprehensive laborers and national apprenticeship training programs, it equips individuals with the skills and knowledge necessary to excel in their careers. By focusing on training, the Trust Fund enhances employability, promotes safety standards, and contributes to the overall quality of work within the construction and labor sectors. Additionally, its presence in Reno, NV, strengthens the local economy by creating a more skilled workforce, ultimately leading to better job opportunities and improved earning potential for participants.




This information is meant to be a general summary of Laborers Training 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
$1,301,594 (2022)
Expenses
$948,794 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,069
  • Program Service Revenue: $1,259,863
  • Gross Receipts: $1,301,594

Assets and Liabilities:

  • Total Assets: $5,132,736
  • Total Liabilities: $33,459
  • Net Assets: $5,099,277

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,259,863

Organization Details

Founding Year

1970

Principal Officer

Eloy Jara

Main Address

445 APPLE STREET, Reno, NV, 89510

NTEE Category

Code: J40 - Employment

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