Overview
What is Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg?
Operating Engineers Local 406 St. of La Apprentice & Educational Training Program is a nonprofit institution situated in Louisiana. Its primary focus is on offering comprehensive training and education to both apprentices and journey-level engineers specializing in operating and stationary engineering. The program establishes schools, equips them with necessary resources such as books and equipment, and provides additional training in related skills to enhance the craftsmanship of its members. This continuous learning and skill development are crucial for the professional growth of the engineers and the success of the industry as a whole.
Official website here: www.iuoelocal406.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Operating Engineers Local 406 St Of La Apprentice & Educational Training Program has received a Three-Star rating, indicating a solid level of accountability and financial health. The organization scores particularly well in areas such as having a majority of independent board members and effective oversight committees, which are essential for maintaining trust and transparency within nonprofit governance.
The financial metrics are generally favorable, with a program expense ratio of 66%, suggesting a commitment to direct programmatic spending; however, there is room for improvement in this area. The organization demonstrates strong practices in terms of policies regarding conflicts of interest and whistleblower protections, further enhancing its accountability profile.
Despite its strengths, the program expense ratio falls short of the optimal benchmark for nonprofit organizations, highlighting a potential area for growth. Overall, the Operating Engineers Local 406 shows a high level of transparency and responsible financial management, making it a trustworthy choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg legitimate?
Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg 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: $145,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,355
For more financial information, click here
Official website here: www.iuoelocal406.org
What is the mission statement of Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg?
Operating Engineers Local 406's Apprentice & Educational Training Program is committed to providing both apprentices and journeymen in the field of operating and stationary engineering with comprehensive training and education. This is achieved through the establishment of educational facilities, the provision of necessary books and equipment, and offering specialized training in various related craft skills. The program's goal is to equip these individuals with the necessary skills to excel in their respective fields.
Official website here: www.iuoelocal406.org
Who is the CEO of Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg?
D Jason Billings is the Trustee/Chairman of Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg.
Official website here: www.iuoelocal406.org
What is the revenue of Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg?
Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg's revenue in 2022 was $609,759.
Official website here: www.iuoelocal406.org
Who are the executives of Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg and what are their salaries?
The average compensation at Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg during 2022 was $26,250. There are 10 employees at Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $141,844
- Other: $50,910
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $130,871
- Other: $36,799
- Compensation: $0
- Related: $108,983
- Other: $39,065
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $86,184
- Other: $33,315
- Compensation: $105,379
- Related: $0
- Other: $39,763
Official website here: www.iuoelocal406.org
Where can I find the form 990 for Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg?
Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iuoelocal406.org
Learn more at the official website: www.iuoelocal406.org
Mission Statement of Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg
Operating Engineers Local 406 St of La Apprentice & Educational Training Program is committed to providing both apprentices and journeymen in the field of Operating and Stationary Engineering with comprehensive training and education. The organization establishes schools, equips them with necessary books and tools, and offers specialized training in various related skills of the craft. In essence, Operating Engineers Local 406 St of La Apprentice & Educational Training Program is dedicated to nurturing and empowering the next generation of engineers in the industry, equipping them with the necessary skills and knowledge to excel in their chosen field.
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Impact
July, 2024
Operating Engineers Local 406 St Of La Apprentice & Educational Training Program has a significant impact on the development and skill enhancement of both apprentices and journeymen in the field of Operating and Stationary Engineering. By establishing schools, providing essential books and equipment, and offering specialized training in various craft skills, the program plays a crucial role in preparing individuals for successful careers in this industry. Through its focus on training and education, Operating Engineers Local 406 St Of La Apprentice & Educational Training Program contributes to the growth of a skilled workforce in Metairie, LA, and beyond, ultimately supporting employment opportunities for individuals pursuing careers in this field.
This information is meant to be a general summary of Operating Engineers Local 406 St Of La Apprentice & Educational Training Prg. 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.
- Investment Income: $24,852
- Program Service Revenue: $580,618
- Gross Receipts: $613,259
Assets and Liabilities:
- Total Assets: $2,953,594
- Total Liabilities: $18,324
- Net Assets: $2,935,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$580,618
Organization Details
Founding Year
1973
Phone
(504) 241-1311Principal Officer
D Jason Billings
Main Address
PO BOX 7610, METAIRIE, LA, 70010
Website
www.iuoelocal406.orgNTEE Category
Code: J22Z - Employment
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