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Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund

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

EIN: 310619811 ✦ Springdale, OH ✦ Designated as a 501(c)(3)

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Overview

What is Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund?

Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund is a nonprofit organization headquartered in Springdale, Ohio. Its primary mission is to provide education and training for apprentices and journey-level workers in the pipe fitting, plumbing, heating, refrigeration, air-conditioning, and allied industries. The Trust Fund, established with this purpose, adopts programs, plans, and policies, sets rules, regulations, and procedures for the admission, education, and training of employees in these industries. The organization also procures equipment, tools, materials, and pays salaries and faculty expenses. Furthermore, it sponsors and finances activities that, in the trustees' opinion, enhance the knowledge and skills of employees associated with the pipe fitting and plumbing industry. The Trust Fund operates with a team of 62 dedicated individuals.


Official website here: www.jatc392.com

What are the reviews and ratings of this charity?

88% rating from Charity Navigator indicates that Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund demonstrates a solid performance in accountability and finance, earning a Three-Star out of Four Star rating. This score reflects positive practices in financial management and governance, showing a commitment to transparency and responsible stewardship of funds.

The organization excels in having a majority of independent board members and maintains a low ratio of liabilities to assets, which signifies financial stability. Their program expenses stand at a commendable 75.30%, indicating that a significant portion of their resources is directed towards their mission-related activities. Additionally, they have strong policies in place regarding document retention and maintaining board meeting records.

However, there are noted limitations, specifically the absence of a conflict of interest policy and a whistleblower policy, which could enhance their governance framework. While the charity performs well overall, addressing these gaps could further strengthen their accountability practices.


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

Is Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund legitimate?

Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust 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: $169,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $426,054

For more financial information, click here


Official website here: www.jatc392.com

What is the mission statement of Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund?

The Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund was established with the goal of establishing a training school for apprentices and journeymen in the pipe fitting, plumbing, heating, refrigeration, air conditioning, and allied industries. The fund aims to adopt programs, plans, policies, rules, regulations, and procedures for the admission, education, and training of employees associated with this sector. It also has the authority to purchase necessary equipment, tools, materials, and pay salaries and faculty expenses. Furthermore, the trust fund sponsors and finances activities deemed beneficial by its trustees in order to enhance the knowledge and skills of employees within the pipe fitting and plumbing industry.


Official website here: www.jatc392.com

Who is the CEO of Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund?

Matthew Taylor is the Training Dir of Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund.


Official website here: www.jatc392.com

What is the revenue of Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund?

Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund's revenue in 2023 was $1,985,811.


Official website here: www.jatc392.com

Who are the executives of Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund and what are their salaries?

The average compensation at Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund during 2023 was $9,600. There are 62 employees at Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund.


Here are 7 key members and their salaries:


Matthew Taylor (Training Dir)
  • Compensation: $92,485
  • Related: $0
  • Other: $5,374
Donald Knight (Secretary)
  • Compensation: $9,753
  • Related: $0
  • Other: $0
Tim Kelsey (Trustee)
  • Compensation: $8,978
  • Related: $0
  • Other: $0
Roman Doggett (Trustee)
  • Compensation: $4,436
  • Related: $0
  • Other: $0
Clem Fennel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Perkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Read (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jatc392.com

Where can I find the form 990 for Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund?

Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.jatc392.com

Learn more at the official website: www.jatc392.com

Mission Statement of Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund

Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund was established with the purpose of creating a training school for apprentices and journey-level workers in the pipe fitting, plumbing, heating, refrigeration, air conditioning, and allied industries. The fund aims to adopt programs, plans, policies, rules, regulations, and procedures for the admission, education, and training of employees associated with these industries. Furthermore, the Trust Fund is responsible for purchasing necessary equipment, tools, materials, and covering salaries and faculty expenses. Additionally, it sponsors and finances any activity that, in the opinion of the trustees, will enhance the knowledge and skills of employees in the pipe fitting and plumbing industry.

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Impact




October, 2024

The Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust Fund plays a vital role in enhancing the skills and competencies of apprentices and journeymen in the plumbing and pipefitting industries. By establishing a specialized training school, it ensures that upcoming professionals receive comprehensive education and hands-on experience in essential areas, such as plumbing, heating, refrigeration, and air conditioning.

This initiative is pivotal not just for individual career development but also for maintaining high standards within the industry. The Trust Fund adopts various programs, policies, and regulations aimed at streamlining the admission and training process for employees. It invests in purchasing the necessary equipment, tools, and materials, as well as covering salaries and faculty expenses, ensuring that learners receive quality instruction from experienced professionals.

Furthermore, by sponsoring activities that enhance knowledge and skills, the Trust Fund fosters a culture of continuous learning, adapting to the ever-evolving challenges faced in the piping and plumbing sectors. Ultimately, its impact is felt through the improvement of workforce capabilities, contributing to safer, more efficient practices in plumbing and allied trades within the community.




This information is meant to be a general summary of Plumbers Pipe Fitters & Mes Local Union No 392 Education Trust 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
$1,985,811 (2023)
Expenses
$1,409,414 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,954,811
  • Gross Receipts: $1,985,811

Assets and Liabilities:

  • Total Assets: $4,290,184
  • Total Liabilities: $349,471
  • Net Assets: $3,940,713

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Programs

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

CONTRACTOR CONTRIBUTION

Revenue

$1,781,075

OWENS COMMUNITY COLLEGE

Revenue

$111,113

TEXT AND LAB FEES

Revenue

$29,480

DONATED EQUIPMENT

Revenue

$21,619

WELDING REIMBURSEMENT

Revenue

$6,235

Organization Details

Founding Year

1961

Principal Officer

Matthew Taylor

Main Address

1300 CENTURY CIRCLE N, SPRINGDALE, OH, 45246

NTEE Category

Code: B99 - Education

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