Overview
What is Abc Craftmasters Training Trust C/O Associated Builders And Contractors?
Abc Craftmasters Training Trust, affiliated with Associated Builders and Contractors, is a nonprofit organization situated in Beltsville, Maryland. Their primary focus is on education and training, specifically in the field of construction trades. They offer pre-apprenticeship and apprenticeship programs, as well as continuing education for individuals working in various construction trades. This training is designed to provide workers with a significant advantage over those trained informally. By enhancing productivity, safety, and promoting future workforce development for the construction industry, Abc Craftmasters Training Trust plays a crucial role in upskilling the construction workforce. With a team of 13 dedicated individuals, they strive to empower individuals in the construction industry through comprehensive and specialized training.
Official website here: www.abcmetrowashington.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Abc Craftmasters Training Trust has received a solid rating of 81%, indicating a good level of accountability and financial health. The organization has demonstrated strong governance practices, with 100% of its board members being independent and showing an impressive adherence to conflict of interest and whistleblower policies. Furthermore, there is no indication of material diversion of assets, which reflects a commitment to ethical management.
Financially, the organization maintains a favorable liabilities to assets ratio of 45.88%, suggesting a stable fiscal position. The program expense ratio is also commendable at 79.67%, indicating that a significant portion of its expenditures goes directly towards its programs. This financial prudence can enhance donor confidence and support for its initiatives.
While the overall score is positive, ongoing transparency and continued adherence to best practices in governance and finance will be essential for maintaining and potentially improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Abc Craftmasters Training Trust C/O Associated Builders And Contractors legitimate?
Abc Craftmasters Training Trust C/O Associated Builders And Contractors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abc Craftmasters Training Trust C/O Associated Builders And Contractors 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: $21,291
Professional Fundraising Fees: $0
Other Salaries and Wages: $265,267
For more financial information, click here
Official website here: www.abcmetrowashington.org
What is the mission statement of Abc Craftmasters Training Trust C/O Associated Builders And Contractors?
The mission of Abc Craftmasters Training Trust, affiliated with Associated Builders and Contractors, is centered around providing education and training in various construction trades. Their primary objective is to offer apprenticeship programs and construction craft training, which provides a significant advantage to construction workers over those trained informally. This training enhances productivity and safety on construction sites, while also nurturing a future workforce for the construction industry. The organization's activities include pre-apprenticeship and apprenticeship programs, as well as training for various construction trades.
Official website here: www.abcmetrowashington.org
What is the revenue of Abc Craftmasters Training Trust C/O Associated Builders And Contractors?
Abc Craftmasters Training Trust C/O Associated Builders And Contractors's revenue in 2024 was $1,148,033.
Official website here: www.abcmetrowashington.org
Who are the executives of Abc Craftmasters Training Trust C/O Associated Builders And Contractors and what are their salaries?
The average compensation at Abc Craftmasters Training Trust C/O Associated Builders And Contractors during 2024 was $22,043. There are 13 employees and 19 volunteers at Abc Craftmasters Training Trust C/O Associated Builders And Contractors.
Here are 14 key members and their salaries:
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- Compensation: $8,913
- Related: $219,125
- Other: $35,063
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- Compensation: $47
- Related: $138,297
- Other: $32,180
- Compensation: $118
- Related: $126,887
- Other: $13,902
- Compensation: $1,474
- Related: $109,876
- Other: $18,124
- Compensation: $10,502
- Related: $93,496
- Other: $16,166
Official website here: www.abcmetrowashington.org
Where can I find the form 990 for Abc Craftmasters Training Trust C/O Associated Builders And Contractors?
Abc Craftmasters Training Trust C/O Associated Builders And Contractors's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.abcmetrowashington.org
Learn more at the official website: www.abcmetrowashington.org
Mission Statement of Abc Craftmasters Training Trust C/O Associated Builders And Contractors
Abc Craftmasters Training Trust C/O Associated Builders And Contractors is committed to providing education and training in the construction trades. Their mission is to offer apprenticeship and specialized craft training in various trades. This form of training provides construction workers with a significant advantage over those trained through informal means. The training provided by Abc Craftmasters increases productivity and safety in the construction industry, while simultaneously aiding in the development of a future workforce for this sector. Their training and education programs include pre-apprenticeship and apprenticeship programs, as well as courses for construction trades.
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Impact
October, 2024
Abc Craftmasters Training Trust, operating through Associated Builders and Contractors, plays a crucial role in shaping the construction workforce in Beltsville, MD. By offering comprehensive pre-apprenticeship and apprenticeship programs, the organization equips aspiring construction professionals with the essential skills and knowledge required in various specialty trades.
The training provided significantly enhances the abilities of construction workers, resulting in higher productivity and safer work environments. In an industry where practical skills can vary widely, the structured training creates a distinct advantage for those who participate, ensuring they are well-prepared to meet the demands of modern construction projects.
Moreover, the trust contributes to the development of a skilled future workforce, addressing the growing need for qualified professionals in the construction sector. This commitment not only enriches the local economy by fostering employment opportunities but also strengthens the overall safety and quality standards within the industry. Through its targeted educational initiatives, Abc Craftmasters Training Trust is instrumental in building a robust and capable construction workforce.
This information is meant to be a general summary of Abc Craftmasters Training Trust C/O Associated Builders And Contractors. 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: $2,192
- Program Service Revenue: $1,026,159
- Gross Receipts: $1,191,900
Assets and Liabilities:
- Total Assets: $689,851
- Total Liabilities: $278,503
- Net Assets: $411,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$950,253
REGISTRATION FEES
Revenue
$75,906
Organization Details
Founding Year
2009
Principal Officer
Dan Bond
Website
www.abcmetrowashington.orgNTEE Category
Code: J22 - Employment
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