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Umbc Training Enterprises Inc

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

EIN: 300027408 ✦ Columbia, MD ✦ Designated as a 501(c)(3)

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Overview

What is Umbc Training Enterprises Inc?

UMBC Training Enterprises Inc, based in the Mid-Atlantic region, is a prominent nonprofit organization renowned for delivering technical, engineering, and professional skills training to individuals, businesses, non-profits, and government agencies. Their mission is twofold: to promote education and support UMBC (University of Maryland, Baltimore County). Through their premier training programs, they empower individuals to enhance their expertise and enable organizations to foster workforce development.


Official website here: www.umbctraining.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Umbc Training Enterprises Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in certain operational areas. The organization scored 74% overall, reflecting a strong commitment to transparency and accountability, particularly with its independent board structure, which is fully independent. The presence of policies regarding conflict of interest, whistleblowing, and document retention further supports its governance framework.

However, the nonprofit faces challenges in financial reporting, specifically in the area of financial statements, where it did not receive any points. Additionally, the absence of the tax form on its website raises concerns about fiscal transparency. While the program expense ratio is commendable at 98.77%, suggesting that most funds are directed toward its core mission, the liabilities to assets ratio of 59.16% indicates a substantial level of financial obligations compared to its assets.

In summary, while Umbc Training Enterprises Inc demonstrates strong governance and a high level of commitment to program funding, it must address its financial reporting practices and ensure that essential documents are accessible to the public to enhance its overall transparency and accountability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Umbc Training Enterprises Inc?

84% of 15 reviewers on Facebook recommend Umbc Training Enterprises Inc. Here is a summary of their reviews:

Overall, respondents have expressed satisfaction with the organization's staff, highlighting their friendliness and courteousness. The positive interactions with personnel seem to play a significant role in the positive experiences reported.

While the sample size is relatively small, the general sentiment indicates that users appreciate the supportive environment fostered by the team at Umbc Training Enterprises Inc. This suggests a commitment to customer service that resonates well with those they serve.


This AI summary has been generated from reviews found on Facebook.

Is Umbc Training Enterprises Inc legitimate?

Umbc Training Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Umbc Training Enterprises Inc 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: $290,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,210,947

For more financial information, click here


Official website here: www.umbctraining.com

What is the mission statement of Umbc Training Enterprises Inc?

UMBC Training Enterprises Inc is dedicated to promoting education and supporting UMBC (University of Maryland, Baltimore County) through providing top-notch technical, engineering, and professional skills training. This organization caters to individuals, businesses, non-profits, and government agencies across the Mid-Atlantic region. By offering comprehensive training programs, they aim to equip the workforce with essential skills to thrive in their respective industries. UMBC Training Centers stands out as a leading provider, dedicated to fostering growth and development in the Mid-Atlantic community.


Official website here: www.umbctraining.com

Who is the CEO of Umbc Training Enterprises Inc?

Kathy Dettloff is the Chair of Umbc Training Enterprises Inc.


Official website here: www.umbctraining.com

What is the revenue of Umbc Training Enterprises Inc?

Umbc Training Enterprises Inc's revenue in 2022 was $14,812,129.


Official website here: www.umbctraining.com

Who are the executives of Umbc Training Enterprises Inc and what are their salaries?

The average compensation at Umbc Training Enterprises Inc during 2022 was $83,362. There are 54 employees at Umbc Training Enterprises Inc.


Here are 10 key members and their salaries:


Philip Rous (Chair)
  • Compensation: $0
  • Related: $356,817
  • Other: $29,670
Lynne Schaefer (Pres & Treas)
  • Compensation: $0
  • Related: $322,364
  • Other: $22,947
Greg Simmons (Secretary)
  • Compensation: $0
  • Related: $297,377
  • Other: $26,335
Jon Lau (Pres Umbc Tc)
  • Compensation: $290,596
  • Related: $0
  • Other: $14,029
Kathy Dettloff (Pres & Treas)
  • Compensation: $0
  • Related: $255,426
  • Other: $23,116
Homer Minnick (Dir Cyb Umbc)
  • Compensation: $267,181
  • Related: $0
  • Other: $120
Marc Kolp (Dir Cli Umbc)
  • Compensation: $162,360
  • Related: $0
  • Other: $13,038
Thomas Cain (Dir Cs Umbc)
  • Compensation: $154,489
  • Related: $0
  • Other: $13,038
Emily Branchaw (Dir Ops Umb)
  • Compensation: $153,231
  • Related: $0
  • Other: $120
Deborah Davis (Ctroller Umb)
  • Compensation: $147,557
  • Related: $0
  • Other: $4,295


Official website here: www.umbctraining.com

Where can I find the form 990 for Umbc Training Enterprises Inc?

Umbc Training Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.umbctraining.com

Learn more at the official website: www.umbctraining.com

Mission Statement of Umbc Training Enterprises Inc

UMBC Training Enterprises Inc, a leading nonprofit organization, is dedicated to promoting education and supporting UMBC (University of Maryland, Baltimore County) through the provision of top-notch technical, engineering, and professional skills training. Based in the Mid-Atlantic region, this esteemed institution caters to individuals, businesses, non-profit organizations, and government agencies.

UMBC Training Centers' mission is to empower individuals by equipping them with essential skills necessary to excel in their chosen fields. By offering a diverse range of training programs, the organization plays a significant role in bridging the skills gap and enhancing workforce development. The nonprofit organization's commitment to excellence and innovation sets it apart as the premier training provider in the Mid-Atlantic region.

UMBC Training Centers' team of dedicated professionals and industry experts ensures that the training programs meet the current demands and expectations of various industries. The organization's flexible training formats cater to diverse learning styles, allowing participants to acquire new skills at their own pace. The comprehensive training programs offered by UMBC Training Enterprises Inc contribute to the overall growth and competitiveness of the workforce in the Mid-Atlantic region.

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Impact




October, 2024

UMBC Training Enterprises Inc plays a significant role in enhancing education and professional development in the Mid-Atlantic region. It serves as the leading provider of technical, engineering, and professional skills training, catering to the needs of individuals, businesses, non-profit organizations, and government agencies. By offering high-quality training programs, UMBC Training Enterprises Inc empowers participants to improve their skills, advance their careers, and adapt to the evolving demands of the workforce.

The organization supports economic growth by equipping local talent with the necessary skills to excel in various industries, fostering innovation, and enhancing productivity. Its focus on accessible education facilitates lifelong learning, ensuring that professionals remain competitive and relevant in their fields. Through strategic partnerships and community engagement, UMBC Training Enterprises Inc contributes to building a robust and skilled workforce, ultimately benefiting both individuals and organizations in the region.




This information is meant to be a general summary of Umbc Training Enterprises Inc. 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
$14,812,129 (2022)
Expenses
$13,483,335 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,111
  • Program Service Revenue: $14,004,498
  • Gross Receipts: $14,812,129

Assets and Liabilities:

  • Total Assets: $4,967,521
  • Total Liabilities: $2,414,076
  • Net Assets: $2,553,445

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Programs

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

TUITION

Revenue

$13,998,500

FACILITY TRAINING

Revenue

$5,150

CEU INCOME

Revenue

$848

Organization Details

Founding Year

2002

Principal Officer

Kathy Dettloff

Main Address

6996 COLUMBIA GATEWAY DRIVE, COLUMBIA, MD, 21046

NTEE Category

Code: B60 - Education

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