Overview
What is Associated Builders And Contractors Craft Training Trust Of Baltimore?
The Associated Builders and Contractors Craft Training Trust of Baltimore is a nonprofit organization situated in Baltimore, Maryland. Its primary mission is to offer specialized training in various trades such as carpentry, electrical work, HVAC, plumbing, and sheet metal, catering to approximately 500 full-time employees of construction companies. This is achieved through a combination of textbook learning and hands-on workshops. The purpose of this training is to help individuals expand their understanding of the construction industry.
Official website here: www.abcbaltimore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Star rating)
The Associated Builders And Contractors Craft Training Trust Of Baltimore received a low rating of 58%, indicating concerns regarding its financial accountability and transparency. Although the organization boasts a fully independent board, critical areas such as financial statements and key policies, including a whistleblower policy, are missing, which significantly impacts their overall score.
Strengths of the organization include a high program expense ratio of 70.43%, demonstrating a commitment to its mission by allocating a significant portion of its budget to programmatic activities. The absence of any material diversion of assets also reflects positively on its integrity in financial management. However, the high liabilities to assets ratio of 70.97% raises red flags about its financial health and sustainability.
The lack of transparency in financial reporting, as evidenced by missing financial statements and incomplete policy documentation, could deter potential donors and stakeholders. Addressing these shortcomings would be crucial for improving their rating and ensuring more robust community trust and support in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Associated Builders And Contractors Craft Training Trust Of Baltimore legitimate?
Associated Builders And Contractors Craft Training Trust Of Baltimore is a legitimate nonprofit organization registered as a 501(c)(3) entity. Associated Builders And Contractors Craft Training Trust Of Baltimore 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: $0
For more financial information, click here
Official website here: www.abcbaltimore.org
What is the mission statement of Associated Builders And Contractors Craft Training Trust Of Baltimore?
The Associated Builders and Contractors Craft Training Trust of Baltimore aims to provide training opportunities for individuals, expanding their knowledge within the construction industry. This organization offers specialized education in various trades such as carpentry, electrical work, HVAC, plumbing, and sheet metal. The training is provided to approximately 500 full-time employees of construction companies, utilizing both textbook learning and workshop sessions.
Official website here: www.abcbaltimore.org
What is the revenue of Associated Builders And Contractors Craft Training Trust Of Baltimore?
Associated Builders And Contractors Craft Training Trust Of Baltimore's revenue in 2024 was $1,702,123.
Official website here: www.abcbaltimore.org
Who are the executives of Associated Builders And Contractors Craft Training Trust Of Baltimore and what are their salaries?
There 30 volunteers at Associated Builders And Contractors Craft Training Trust Of Baltimore.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $187,470
- Other: $37,114
Official website here: www.abcbaltimore.org
Where can I find the form 990 for Associated Builders And Contractors Craft Training Trust Of Baltimore?
Associated Builders And Contractors Craft Training Trust Of Baltimore's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.abcbaltimore.org
Learn more at the official website: www.abcbaltimore.org
Mission Statement of Associated Builders And Contractors Craft Training Trust Of Baltimore
The Associated Builders and Contractors Craft Training Trust of Baltimore is committed to a mission that focuses on providing training opportunities for individuals in the construction industry. The primary objective of this organization is to expand the knowledge and skills of approximately 500 full-time employees from construction companies. This is achieved through specialized training programs in various trades, such as carpentry, electrical work, HVAC, plumbing, and sheet metal. This training is delivered using a combination of textbook learning and practical workshops, providing hands-on experience and comprehensive education. The Associated Builders and Contractors Craft Training Trust of Baltimore aims to equip its trainees with the necessary skills to excel in the construction industry, thereby contributing to its overall growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Associated Builders and Contractors Craft Training Trust of Baltimore significantly impacts the construction industry by equipping approximately 500 full-time employees with essential skills through specialized training programs. These programs cover a range of trades, including carpentry, electrical work, HVAC, plumbing, and sheet metal, enhancing the workforce's expertise and efficiency. By combining textbook learning with hands-on workshops, the Trust not only increases individual knowledge but also elevates the overall standards of the industry. This investment in training helps to create a more skilled labor pool, ultimately benefiting construction companies and the broader economy in Baltimore and beyond.
This information is meant to be a general summary of Associated Builders And Contractors Craft Training Trust Of Baltimore. 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.
- Program Service Revenue: $1,387,167
- Gross Receipts: $1,790,998
Assets and Liabilities:
- Total Assets: $4,015,814
- Total Liabilities: $2,824,681
- Net Assets: $1,191,133
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,387,167
Organization Details
Founding Year
2008
Principal Officer
Mike Henderson
Website
www.abcbaltimore.orgNTEE Category
Code: J20 - Employment
If you are a representative of Associated Builders And Contractors Craft Training Trust Of Baltimore and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.