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National Utility Industry Training Fund

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

EIN: 263189488 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is National Utility Industry Training Fund?

The National Utility Industry Training Fund is a nonprofit organization situated in Washington, D.C., specifically at 900 SEVENTH STREET NW 3RD FLOOR. Their primary objective is to address the workforce development needs of utility companies by providing a centralized platform for both recruitment and training for the utility trades. Their strategy involves operating four regional training centers, which are strategically located for easy access via highways, airports, and accommodations. These centers offer classroom facilities and an outdoor training yard that simulates a real-world work environment. The National Utility Industry Training Fund aims to offer cost-effective skills training to the employees of utility companies and beyond, ensuring they are well-equipped to perform their roles effectively.


Official website here: www.nuitf.org

Is National Utility Industry Training Fund legitimate?

National Utility Industry Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Utility Industry 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: $132,827

For more financial information, click here


Official website here: www.nuitf.org

What is the mission statement of National Utility Industry Training Fund?

The National Utility Industry Training Fund's mission is centered around providing affordable skill development opportunities. It aims to cater to the workforce needs of utility companies by offering a comprehensive training solution. Four regional training centers serve as a central hub for recruiting and training individuals in the utility trades. These centers provide a consistent learning environment, ensuring maximum utilization of resources. The program offers classroom facilities and an outdoor training yard that mimics a real-world work environment, thereby enhancing practical skills.


Official website here: www.nuitf.org

Who is the CEO of National Utility Industry Training Fund?

Mark Baker is the Co-Chairman of National Utility Industry Training Fund.


Official website here: www.nuitf.org

What is the revenue of National Utility Industry Training Fund?

National Utility Industry Training Fund's revenue in 2022 was $362,039.


Official website here: www.nuitf.org

Who are the executives of National Utility Industry Training Fund and what are their salaries?

The average compensation at National Utility Industry Training Fund during 2022 was $33,207. There are 4 employees and 8 volunteers at National Utility Industry Training Fund.


Here are 9 key members and their salaries:


Kenneth Cooper (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Marbutt (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Peoples (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hager (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Schultz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnie Colston (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Vanness (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Baker (Executive Director)
  • Compensation: $194,097
  • Related: $0
  • Other: $0


Official website here: www.nuitf.org

Where can I find the form 990 for National Utility Industry Training Fund?

National Utility Industry Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nuitf.org

Learn more at the official website: www.nuitf.org

Mission Statement of National Utility Industry Training Fund

The National Utility Industry Training Fund, as its name suggests, is committed to providing cost-effective skills training for employees of utility companies and beyond. Its mission is centered around addressing the workforce development needs of these industries. To accomplish this, the organization operates four regional training centers, each serving as a one-stop shopping venue for recruiting and training within the utility trades. These training centers, strategically located with easy access to highways, airports, and accommodations, ensure uniformity in training and maximize utilization. Each center offers classroom facilities and a fully stocked outdoor training yard, replicating a real-life work environment, thereby preparing employees effectively for their roles.

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Impact




October, 2024

The National Utility Industry Training Fund significantly enhances the workforce development needs of utility companies by offering cost-effective skills training tailored for employees in the utility sector. Through its four regional training centers, it facilitates a centralized approach to recruitment and training, which helps ensure uniformity in education and skill acquisition across the industry.

These training centers are strategically located with easy access to highways, airports, and accommodations, maximizing convenience for trainees. Each center features classroom facilities along with fully stocked outdoor training yards that simulate real-life work environments, allowing employees to acquire practical skills crucial for their roles in the utility trades.

This initiative not only equips workers with the necessary competencies but also strengthens the overall workforce in the utility sector, fostering a more skilled, efficient, and prepared labor force. As a result, utility companies can enhance their operational effectiveness and service delivery, ultimately benefiting both employees and the communities they serve.




This information is meant to be a general summary of National Utility Industry 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
$362,039 (2022)
Expenses
$492,638 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $826
  • Program Service Revenue: $326,740
  • Gross Receipts: $362,039

Assets and Liabilities:

  • Total Assets: $370,717
  • Total Liabilities: $41,925
  • Net Assets: $328,792

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Programs

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

NJATC BOOK SALES

Revenue

$220,659

CORE TRAINING INSTRUCT

Revenue

$106,081

Organization Details

Founding Year

2008

Principal Officer

Mark Baker

Main Address

900 SEVENTH STREET NW 3RD FLOOR, WASHINGTON, DC, 20001

NTEE Category

Code: J22 - Employment

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