Overview
What is Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund?
The Operating Engineers Local 318 Joint Apprenticeship and Advanced Training Fund is a nonprofit organization that focuses on educating and preparing individuals for operating heavy machinery. Situated within their Apprenticeship program, this labor union organization provides comprehensive training to its apprentices. Their mission is to equip individuals with the necessary skills to operate various types of equipment effectively. This nonprofit organization is dedicated to fostering growth and development in the field of heavy machinery operation, thereby strengthening the workforce in this sector.
Is Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund legitimate?
Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Operating Engineers Local 318 Joint Apprenticeship & Advanced Training 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: $305,189
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,993
For more financial information, click here
What is the mission statement of Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund?
The Operating Engineers Local 318 Joint Apprenticeship and Advanced Training Fund is dedicated to educating and preparing apprentices for the operation of heavy machinery. Through its Apprenticeship program, this labor union organization offers comprehensive training to individuals, equipping them with the necessary skills to operate various types of equipment effectively. The mission of the fund is to contribute to the development of a skilled workforce in the field of heavy machinery operation. By providing quality training, the fund aims to ensure that its apprentices are well-equipped to meet the demands of the industry. The ultimate goal is to foster a safe and efficient work environment, benefiting both the apprentices and the organizations they will eventually serve.
What is the revenue of Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund?
Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund's revenue in 2024 was $1,954,988.
Who are the executives of Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund and what are their salaries?
The average compensation at Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund during 2024 was $99,046. There are 4 employees at Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $123,163
- Other: $79,536
- Compensation: $105,844
- Related: $0
- Other: $79,437
- Compensation: $124,476
- Related: $0
- Other: $79,536
- Compensation: $0
- Related: $109,727
- Other: $79,536
- 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: $108,352
- Related: $0
- Other: $79,437
Where can I find the form 990 for Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund?
Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund
The Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund is committed to educating and preparing apprentices in the operation of heavy machinery. This labor union organization, through its Apprenticeship program, offers comprehensive training to individuals, equipping them with the necessary skills to operate various types of equipment effectively. By providing this service, the Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund plays a significant role in nurturing and shaping the future workforce in the field of equipment operation.
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Impact
October, 2024
The Operating Engineers Local 318 Joint Apprenticeship & Advanced Training Fund significantly impacts the workforce by providing specialized training for apprentices in the operation of heavy machinery. Based in Marion, IL, the organization equips individuals with the skills necessary to excel in equipment operation, meeting the demands of the construction and heavy equipment industries.
Through its comprehensive apprenticeship programs, the Fund ensures that new operators are well-prepared for the challenges of the job, promoting safety and efficiency on worksites. This initiative not only enhances the employability of participants but also contributes to a skilled labor force, driving economic growth in the region. By investing in training, the Fund helps create a pathway to stable employment, empowering individuals and strengthening the community. Combining hands-on experience with rigorous classroom instruction, the organization fosters a culture of excellence in the operation of heavy machinery, ultimately benefiting both the workers and the employers they serve.
This information is meant to be a general summary of Operating Engineers Local 318 Joint Apprenticeship & Advanced Training 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 2024.
- Investment Income: $113,566
- Program Service Revenue: $1,766,906
- Gross Receipts: $1,973,225
Assets and Liabilities:
- Total Assets: $4,483,864
- Total Liabilities: $11,294
- Net Assets: $4,472,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER ASSESSMENTS
Revenue
$1,766,906
Organization Details
Founding Year
1970
Principal Officer
Ronald Stahlhut
NTEE Category
Code: J40 - Employment
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