Plumbers & Steamfitters Union Lc No 10 Apprentice Fund

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

EIN: 237411075 ✦ Goodlettsville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Plumbers & Steamfitters Union Lc No 10 Apprentice Fund?

Plumbers & Steamfitters Union Lc No 10 Apprentice Fund is a nonprofit organization situated in Goodlettsville, Tennessee. Their primary objective is to offer comprehensive training to apprentices and journey-level members affiliated with Plumbers and Steamfitters Union Local No. 10. By providing this education, they aim to enhance the skills and expertise of their members in the plumbing and steamfitting trades. The fund operates with a team of 27 individuals, committed to fostering professional growth and development within the union.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

The Plumbers & Steamfitters Union Local No 10 Apprentice Fund has achieved a high score of 94%, indicating strong performance in accountability and finance. This score reflects the organization's commitment to maintaining transparency and effective management of resources, which is essential for building trust with donors and stakeholders.

One of the notable strengths of this nonprofit is its governance structure, with a fully independent board comprising 100% independent members. The organization also demonstrates robust financial oversight, supported by an audit and oversight committee, which contributes to its overall fiscal health. They maintain a low liabilities to assets ratio of 0.65% and a strong program expense ratio of 88.81%, showcasing their focus on maximizing the impact of their financial resources on their programs.

While the organization has received high marks for its financial practices and governance, it is essential to note that the rating is based solely on financial accountability metrics. Further insights into programmatic effectiveness and community impact would provide a more comprehensive understanding of the organization's overall performance.


This AI summary has been generated from information found on Charity Navigator.

Is Plumbers & Steamfitters Union Lc No 10 Apprentice Fund legitimate?

Plumbers & Steamfitters Union Lc No 10 Apprentice Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plumbers & Steamfitters Union Lc No 10 Apprentice 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: $324,651

For more financial information, click here

What is the mission statement of Plumbers & Steamfitters Union Lc No 10 Apprentice Fund?

The Plumbers & Steamfitters Union Lc No 10 Apprentice Fund is committed to providing apprentice and journeyman training to its members. Its primary mission is to equip the members of the Plumbers and Steamfitters Union Local No. 10 with the necessary skills and knowledge in their respective trades. The fund aims to contribute to the professional development of its members, ensuring they remain competent and up-to-date with industry standards and advancements. By offering comprehensive training programs, the Plumbers & Steamfitters Union Lc No 10 Apprentice Fund plays a crucial role in nurturing the next generation of skilled tradespeople.

Who is the CEO of Plumbers & Steamfitters Union Lc No 10 Apprentice Fund?

Nathan Davenport is the Chairman of Plumbers & Steamfitters Union Lc No 10 Apprentice Fund.

What is the revenue of Plumbers & Steamfitters Union Lc No 10 Apprentice Fund?

Plumbers & Steamfitters Union Lc No 10 Apprentice Fund's revenue in 2022 was $939,613.

Who are the executives of Plumbers & Steamfitters Union Lc No 10 Apprentice Fund and what are their salaries?

The average compensation at Plumbers & Steamfitters Union Lc No 10 Apprentice Fund during 2022 was $12,024. There are 27 employees at Plumbers & Steamfitters Union Lc No 10 Apprentice Fund.


Here are 6 key members and their salaries:


Nathan Davenport (Chairman)
  • Compensation: $720
  • Related: $0
  • Other: $0
Michael Pantele (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Branch (Trustee)
  • Compensation: $12,255
  • Related: $0
  • Other: $0
William Dunn Jr (Trustee)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
Eric Gauker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neale Kelley (Trustee)
  • Compensation: $32,240
  • Related: $0
  • Other: $10,404
Where can I find the form 990 for Plumbers & Steamfitters Union Lc No 10 Apprentice Fund?

Plumbers & Steamfitters Union Lc No 10 Apprentice Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Plumbers & Steamfitters Union Lc No 10 Apprentice Fund

The Plumbers & Steamfitters Union Lc No 10 Apprentice Fund is dedicated to providing comprehensive training for both apprentices and journey-level plumbers and steamfitters who are members of Plumbers and Steamfitters Union Local No. 10. This mission aims to equip these individuals with the necessary skills to excel in their respective roles within the plumbing and steamfitting industries. By offering a structured training program, the fund ensures that its members remain competent and up-to-date with industry standards and advancements. This commitment to continuous learning and skill development is essential in maintaining a proficient and well-equipped workforce within the union.

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Impact




October, 2024

The Plumbers & Steamfitters Union Local No. 10 Apprentice Fund plays a critical role in workforce development by offering apprenticeship and journeyman training opportunities to its members. This training enhances the skills and knowledge of aspiring plumbers and steamfitters, enabling them to meet industry standards and requirements.

By focusing on comprehensive educational programs, the fund not only empowers individuals with the necessary technical skills but also contributes to the overall quality of service within the plumbing and steamfitting industries. This targeted training helps ensure that the workforce is equipped to tackle modern challenges, fostering a highly skilled labor pool.

Moreover, the fund promotes employment opportunities, supporting economic growth within the community of Goodlettsville, TN, and beyond. Its mission to strengthen the workforce through rigorous training ultimately benefits both the members of the union and the industries they serve, creating a more robust and efficient labor market.




This information is meant to be a general summary of Plumbers & Steamfitters Union Lc No 10 Apprentice 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
$939,613 (2022)
Expenses
$773,841 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $100
  • Program Service Revenue: $856,068
  • Gross Receipts: $939,613

Assets and Liabilities:

  • Total Assets: $2,068,755
  • Total Liabilities: $13,647
  • Net Assets: $2,055,108

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$856,068

Organization Details

Founding Year

1963

Principal Officer

Nathan Davenport

Main Address

PO BOX 1449, GOODLETTSVILLE, TN, 370701449

NTEE Category

Code: J22 - Employment

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