Overview
What is Ohio Valley Construction Education Foundation?
The Ohio Valley Construction Education Foundation is a nonprofit organization situated in Springboro, Ohio. Its primary mission is to educate and train construction workers in southwestern Ohio. They offer registered apprenticeship training in six trades at two locations, accommodating up to 200 students annually. The tuition fee is set at $2,000 per year. Additionally, students are required to participate in core classes held at ABC for an additional $750 per session, typically before commencing the apprenticeship program. The foundation is committed to equipping and nurturing the construction workforce in the area.
Official website here: www.ovcef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Ohio Valley Construction Education Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 81% overall, reflecting a strong commitment to transparency and responsible financial practices, with a particular emphasis on their accountability metrics.
A significant strength of the foundation is its governance structure, boasting a fully independent board with 15 members. It has also effectively demonstrated the absence of material diversion of assets, which contributes positively to its financial integrity. Their commitment to maintaining essential policies, such as conflict of interest and whistleblower policies, further enhances their operational credibility.
While the foundation shows robust financial management, potential supporters should be aware of the single beacon score indicating that the rating is entirely based on accountability and finance metrics. Other aspects like programmatic outcomes or impact measures were not accounted for in this rating, which may be an area for future improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Valley Construction Education Foundation legitimate?
Ohio Valley Construction Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Valley Construction Education Foundation 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.
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Official website here: www.ovcef.org
What is the mission statement of Ohio Valley Construction Education Foundation?
The Ohio Valley Construction Education Foundation is committed to educating and training construction workers in Southwestern Ohio. Their mission is to provide registered apprenticeship training in six trades at two locations, catering to approximately 200 students annually. The foundation charges a tuition fee of $2,000 per year, and in addition to this, students are required to complete core courses provided by ABC for an additional $750 per session, which typically consists of three classes.
Official website here: www.ovcef.org
Who is the CEO of Ohio Valley Construction Education Foundation?
John Morris is the Board Member of Ohio Valley Construction Education Foundation.
Official website here: www.ovcef.org
What is the revenue of Ohio Valley Construction Education Foundation?
Ohio Valley Construction Education Foundation's revenue in 2022 was $1,568,993.
Official website here: www.ovcef.org
Who are the executives of Ohio Valley Construction Education Foundation and what are their salaries?
There 13 volunteers at Ohio Valley Construction Education Foundation.
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Official website here: www.ovcef.org
Where can I find the form 990 for Ohio Valley Construction Education Foundation?
Ohio Valley Construction Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ovcef.org
Learn more at the official website: www.ovcef.org
Mission Statement of Ohio Valley Construction Education Foundation
The Ohio Valley Construction Education Foundation, a notable entity, is dedicated to the education and training of construction workers residing in southwestern Ohio. Its primary mission is to equip these individuals with the necessary skills and knowledge required for their craft, thereby contributing to the industry's growth and development. To achieve this goal, the foundation provides registered apprenticeship training in six different trades at two distinct locations, accommodating around 200 students annually.
The training program is comprehensive, encompassing not only on-site learning but also theoretical instruction. The foundation's curriculum is structured in a way that allows students to gain hands-on experience while simultaneously acquiring theoretical knowledge. The cost of tuition is set at $2,000 per year, which is a substantial investment in the future of these aspiring construction workers. In addition to the foundation's in-house training, students are also required to complete core courses held at ABC. These sessions, which cost $750 per session and consist of three classes, serve as an essential supplement to the apprenticeship program.
In essence, the Ohio Valley Construction Education Foundation is a vital resource for individuals seeking to embark on a career in the construction industry. By providing a well-rounded education and training program, the foundation is instrumental in nurturing the next generation of skilled construction workers, thereby ensuring the continued success and growth of the industry in southwestern Ohio.
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Impact
October, 2024
The Ohio Valley Construction Education Foundation has a significant impact on the construction workforce in Southwestern Ohio by providing essential education and training for aspiring construction professionals. Through its registered apprenticeship program, it offers comprehensive training in six different trades, serving around 200 students annually.
The foundation's structured approach includes a tuition fee of $2,000 per year, alongside a core curriculum that requires students to participate in three sessions at ABC, each costing $750. This training model not only equips students with practical skills but also prepares them to meet the demands of the construction industry.
By investing in the education of construction workers, the foundation plays a crucial role in enhancing employment opportunities in the region, fostering a skilled workforce that can drive economic growth and meet the needs of the local construction market.
This information is meant to be a general summary of Ohio Valley Construction Education Foundation. 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.
- Program Service Revenue: $1,407,202
- Gross Receipts: $1,568,993
Assets and Liabilities:
- Total Assets: $1,310,427
- Total Liabilities: $660,002
- Net Assets: $650,425
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION, BOOKS & FEES
Revenue
$1,326,692
SAFETY DAY INCOME
Revenue
$80,510
Organization Details
Founding Year
1993
Phone
(937) 704-0111Principal Officer
John Morris
Main Address
33 GREENWOOD LANE, SPRINGBORO, OH, 45066
Website
www.ovcef.orgNTEE Category
Code: J22 - Employment
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