Overview
What is Finishing Trades Institute Of The West Virginia Region Inc?
Finishing Trades Institute of the West Virginia Region Inc. is a nonprofit organization situated in Charleston, West Virginia. Their primary mission is to operate an apprenticeship and vocational training trust fund, aimed at enhancing the knowledge and skills of individuals in various industries associated with painting and allied trades. This initiative encourages entry into these trades for anyone interested, providing them with the necessary training to excel in painting and allied trade positions. The institute also addresses technological advancements and the application of new products, ensuring that all training programs are executed at the highest level of quality. With a small workforce of five employees, the Finishing Trades Institute of the West Virginia Region Inc. contributes to the development and success of individuals in these trades, fostering a skilled workforce in the region.
Official website here: www.paintersuniondistrict53.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Finishing Trades Institute of the West Virginia Region Inc has received an 84% rating from Charity Navigator, which indicates a solid level of accountability and finance management. The rating reflects a strong emphasis on these aspects, with the organization scoring well in areas such as having a fully independent board and an excellent financial statement audit.
Despite its strengths, there are notable limitations that the organization should address. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy points to gaps in governance practices. Additionally, the failure to post the tax form on its website may affect transparency.
The organization has a commendable program expense ratio of 79.88%, demonstrating a commitment to utilizing funds effectively for its programs. Overall, while the Finishing Trades Institute shows considerable positive attributes, it could enhance its governance framework to further strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Finishing Trades Institute Of The West Virginia Region Inc legitimate?
Finishing Trades Institute Of The West Virginia Region Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finishing Trades Institute Of The West Virginia Region 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,246
For more financial information, click here
Official website here: www.paintersuniondistrict53.org
What is the mission statement of Finishing Trades Institute Of The West Virginia Region Inc?
The Finishing Trades Institute of the West Virginia Region Inc operates an apprenticeship and vocational training trust fund. Their mission is to enhance the knowledge and training among individuals in various industries associated with painting and allied trades. This organization encourages entry into these trades for all interested individuals, providing them with the necessary skills to successfully carry out duties in painting and allied trade positions. The institute stays updated with technological developments and the application of new products in the industry. Furthermore, they ensure that all training and apprenticeship programs are carried out at the highest level of quality.
Official website here: www.paintersuniondistrict53.org
Who is the CEO of Finishing Trades Institute Of The West Virginia Region Inc?
Brian Stanley is the Co-Chair Uni of Finishing Trades Institute Of The West Virginia Region Inc.
Official website here: www.paintersuniondistrict53.org
What is the revenue of Finishing Trades Institute Of The West Virginia Region Inc?
Finishing Trades Institute Of The West Virginia Region Inc's revenue in 2022 was $718,253.
Official website here: www.paintersuniondistrict53.org
Who are the executives of Finishing Trades Institute Of The West Virginia Region Inc and what are their salaries?
The average compensation at Finishing Trades Institute Of The West Virginia Region Inc during 2022 was $39,249. There are 5 employees and 11 volunteers at Finishing Trades Institute Of The West Virginia Region Inc.
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Official website here: www.paintersuniondistrict53.org
Where can I find the form 990 for Finishing Trades Institute Of The West Virginia Region Inc?
Finishing Trades Institute Of The West Virginia Region Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paintersuniondistrict53.org
Learn more at the official website: www.paintersuniondistrict53.org
Mission Statement of Finishing Trades Institute Of The West Virginia Region Inc
The Finishing Trades Institute of the West Virginia Region Inc is committed to operating an apprenticeship and vocational training trust fund. Their mission, in essence, is to establish and manage a comprehensive training program aimed at enhancing the knowledge and skills of individuals within various industries falling under the painting and allied trades. This initiative encourages entry into these trades for anyone interested, providing them with the necessary training to excel in painting and allied trade positions.
The Finishing Trades Institute takes into account advancements in technology and the application of new products. By incorporating these developments into their programs, they ensure that the training provided remains up-to-date and relevant to the evolving needs of the industries. Moreover, the Institute ensures that all training and apprenticeship programs are carried out to the highest standard of quality, ensuring that participants gain a solid foundation in their chosen trade. Their dedication to providing high-quality education and training equips individuals with the necessary skills to succeed in their chosen careers.
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Impact
October, 2024
The Finishing Trades Institute of the West Virginia Region Inc significantly enhances the skill set and professional readiness of individuals in the painting and allied trades. By operating a comprehensive apprenticeship and vocational training program, the Institute addresses the growing need for skilled labor in these industries.
Through its structured training initiatives, the Institute equips participants with essential skills and knowledge, ensuring they can adeptly perform their roles and adapt to advancements in technology and materials. This not only uplifts the standard of workmanship in the field but also encourages a diverse range of individuals to enter these trades, promoting inclusivity and broadening the talent pool.
Moreover, the Institute's commitment to high-quality training programs ensures that graduates are well-prepared to meet the demands of the industry, ultimately contributing to the overall economic development of the West Virginia region. By fostering a skilled workforce, the Institute plays a crucial role in sustaining and advancing the painting and allied trades sector, benefiting both the individuals trained and the communities they serve.
This information is meant to be a general summary of Finishing Trades Institute Of The West Virginia Region 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,951
- Program Service Revenue: $696,302
- Gross Receipts: $718,253
Assets and Liabilities:
- Total Assets: $591,010
- Total Liabilities: $33,981
- Net Assets: $557,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$696,103
REIMBURSED EXPENSES
Revenue
$199
Organization Details
Founding Year
2002
Phone
(304) 343-8250Principal Officer
Brian Stanley
Main Address
1591 WASHINGTON STREET EAST, CHARLESTON, WV, 25311
NTEE Category
Code: B30 - Education
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