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Local 1010 Apprenticeship Skill Improvement And Training Fund

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

EIN: 273157473 ✦ Whitestone, NY ✦ Designated as a 501(c)(5)

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Overview

What is Local 1010 Apprenticeship Skill Improvement And Training Fund?

The Local 1010 Apprenticeship Skill Improvement and Training Fund is a nonprofit organization situated in White Stone, New York. Its primary purpose is to offer apprenticeship and training benefits to employees covered under collective bargaining agreements. This fund also extends its benefits to other employees bound by the agreement and declaration of trust. The organization's mission is centered around enhancing the skills and capabilities of its employees, promoting professional growth and development within the covered workforce.

Is Local 1010 Apprenticeship Skill Improvement And Training Fund legitimate?

Local 1010 Apprenticeship Skill Improvement And Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local 1010 Apprenticeship Skill Improvement And 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: $683,079

For more financial information, click here

What is the mission statement of Local 1010 Apprenticeship Skill Improvement And Training Fund?

The Local 1010 Apprenticeship Skill Improvement and Training Fund is dedicated to providing apprenticeship and training benefits to employees covered by collective bargaining agreements and to other employees bound by the agreement and declaration of trust. Their mission is to foster personal and professional growth among these employees by offering them comprehensive training programs. The fund aims to equip them with the necessary skills and knowledge to excel in their respective fields, thereby contributing positively to their organizations and careers. It serves as a strategic investment in human capital, ensuring a skilled workforce that can adapt to the evolving demands of the industry.

Who is the CEO of Local 1010 Apprenticeship Skill Improvement And Training Fund?

Unavailable

What is the revenue of Local 1010 Apprenticeship Skill Improvement And Training Fund?

Local 1010 Apprenticeship Skill Improvement And Training Fund's revenue in 2023 was $2,738,286.

Who are the executives of Local 1010 Apprenticeship Skill Improvement And Training Fund and what are their salaries?

The average compensation at Local 1010 Apprenticeship Skill Improvement And Training Fund during 2023 was $170,770. There are 4 employees at Local 1010 Apprenticeship Skill Improvement And Training Fund.


Here are 7 key members and their salaries:


Keith Loscalzo (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco Fernandez (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Sigmond (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wessels (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Barbosa (Instructor)
  • Compensation: $204,286
  • Related: $0
  • Other: $115,686
Armando J Valeriano (Instructor)
  • Compensation: $203,178
  • Related: $0
  • Other: $115,692
John Sestayo (Instructor)
  • Compensation: $166,171
  • Related: $0
  • Other: $104,006
Where can I find the form 990 for Local 1010 Apprenticeship Skill Improvement And Training Fund?

Local 1010 Apprenticeship Skill Improvement And Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Local 1010 Apprenticeship Skill Improvement And Training Fund

Local 1010 Apprenticeship Skill Improvement and Training Fund is committed to providing apprenticeship and training benefits to employees who are covered by collective bargaining agreements and to other employees bound by the agreement and declaration of trust. The organization's mission is to equip these employees with the necessary skills and knowledge to enhance their professional growth and contribute effectively to their respective workplaces. By offering apprenticeship and training benefits, Local 1010 Apprenticeship Skill Improvement and Training Fund aims to foster a workforce that is well-equipped, skilled, and capable of meeting the evolving demands of the modern world. This not only benefits the employees but also contributes to the overall success and productivity of the organizations they are employed with. The fund's mission is to bridge the gap between theoretical knowledge and practical skills, ensuring that employees are well-prepared to excel in their respective fields.

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Impact




October, 2024

The Local 1010 Apprenticeship Skill Improvement And Training Fund plays a crucial role in enhancing the workforce's skills and competencies within the context of the collective bargaining agreements. By providing apprenticeship and training benefits, it supports employees in acquiring the knowledge and skills needed to advance in their careers. This directly impacts job performance, increases employability, and contributes to overall workforce stability in the region.

Employers benefit from a more skilled labor pool that can adapt to the demands of the industry, leading to improved productivity and efficiency. Additionally, the fund fosters a culture of continuous learning and development, which helps mitigate skills gaps and ensures that employees remain competitive in a rapidly evolving job market. Overall, the fund positively influences both individual career trajectories and the broader economic landscape.




This information is meant to be a general summary of Local 1010 Apprenticeship Skill Improvement And 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
$2,738,286 (2023)
Expenses
$2,181,104 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$114,872
  • Program Service Revenue: $2,833,458
  • Gross Receipts: $10,194,163

Assets and Liabilities:

  • Total Assets: $10,064,506
  • Total Liabilities: $612,260
  • Net Assets: $9,452,246

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,833,458

Organization Details

Founding Year

2010

Main Address

17-20 WHITESTONE EXPRESSWAY, WHITESTONE, NY, 11357

NTEE Category

Code: J22 - Employment

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