Sheet Metal Industry Apprentice & Training Fund

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

EIN: 237412739 ✦ Rocky hill, CT ✦ Designated as a 501(c)(5)

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Overview

What is Sheet Metal Industry Apprentice & Training Fund?

The Sheet Metal Industry Apprentice & Training Fund is a nonprofit organization situated in Rocky Hill, Connecticut. Their primary objective is to offer training and apprentice programs to journeyworkers and apprentices within the sheet metal industry. Specifically, they focus on providing education and resources to Local 40 sheet metal workers, aiming to enhance their skills and expertise. The fund is managed by a small team of five individuals.

Is Sheet Metal Industry Apprentice & Training Fund legitimate?

Sheet Metal Industry Apprentice & Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheet Metal Industry Apprentice & 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $193,890

For more financial information, click here

What is the mission statement of Sheet Metal Industry Apprentice & Training Fund?

The Sheet Metal Industry Apprentice & Training Fund is committed to providing training for Union members affiliated with Local 40 in the sheet metal work field. Their mission is to offer apprentice programs and educational resources to journeyworkers and apprentices, aiming to equip them with the necessary skills to excel in their craft. The fund's objective is to contribute to the professional growth and development of its members, thereby strengthening the sheet metal industry as a whole.

What is the revenue of Sheet Metal Industry Apprentice & Training Fund?

Sheet Metal Industry Apprentice & Training Fund's revenue in 2023 was $598,366.

Who are the executives of Sheet Metal Industry Apprentice & Training Fund and what are their salaries?

The average compensation at Sheet Metal Industry Apprentice & Training Fund during 2023 was $24,236. There are 8 employees at Sheet Metal Industry Apprentice & Training Fund.

Here are 9 key members and their salaries:


John M Beal (Labor Trustee)
  • Compensation: $5,230
  • Related: $0
  • Other: $0
John Nimmons (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Thompson (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth R Kleeberg (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ferrucci (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Butler (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Descy (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Burgess (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason M Sherman (Training Coordinator)
  • Compensation: $112,369
  • Related: $0
  • Other: $94,194
Where can I find the form 990 for Sheet Metal Industry Apprentice & Training Fund?

Sheet Metal Industry Apprentice & Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sheet Metal Industry Apprentice & Training Fund

The Sheet Metal Industry Apprentice & Training Fund is committed to providing education and training to union members belonging to Local 40 in the sheet metal working field. Their primary mission is to equip these workers with the necessary skills and knowledge through apprentice programs. This nonprofit organization aims to foster the professional development of journeypersons and apprentices, ensuring they are well-equipped to excel in their respective roles within the sheet metal industry.

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Impact




October, 2024

The Sheet Metal Industry Apprentice & Training Fund significantly enhances the skills and employability of Local 40 sheet metal workers through structured training and apprenticeship programs. By equipping journeypersons and apprentices with essential skills, the program plays a crucial role in elevating workforce quality and ensuring that individuals are well-prepared to meet industry standards. This not only benefits the workers by providing them with valuable credentials and career advancement opportunities but also strengthens the sheet metal industry as a whole by creating a more skilled labor pool. Operating in Rocky Hill, CT, these initiatives ultimately contribute to economic growth and employment stability within the region.




This information is meant to be a general summary of Sheet Metal Industry Apprentice & 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.

Revenue
$598,366 (2023)
Expenses
$614,622 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $16,273
  • Program Service Revenue: $525,578
  • Gross Receipts: $598,366

Assets and Liabilities:

  • Total Assets: $788,004
  • Total Liabilities: $16,073
  • Net Assets: $771,931

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$525,578

Organization Details

Founding Year

1971

Principal Officer

John Nimmons

NTEE Category

Code: J22 - Employment

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