Overview
What is Ohio Operating Engineers Apprenticeship Fund?
The Ohio Operating Engineers Apprenticeship Fund is a trust dedicated to the training and development of apprentices within the Union of Ohio Operating Engineers. Based in Columbus, Ohio, the Fund's primary mission is to foster, plan, supervise, and provide various aspects of training for apprentices, enabling them to grow into skilled Operating Engineers. With a team of 75 individuals, the Fund ensures a comprehensive learning experience for its apprentices, ultimately contributing to their professional growth within the organization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The Ohio Operating Engineers Apprenticeship Fund has received an 86% score, indicating a solid level of performance in terms of accountability and finance. This score is based on key metrics that assess the charity's financial health and governance practices. The high rating reflects a strong commitment to transparency and responsible management, which is essential for donor trust.
The organization boasts an independent board with all members contributing to robust governance practices. With a low liabilities-to-assets ratio and a high program expense ratio, it demonstrates effective use of funds towards its mission. The absence of material diversion of assets further emphasizes the organization's integrity in financial management.
While the score is commendable, it is primarily focused on financial accountability, and potential donors may want to consider additional factors such as program impact and effectiveness in achieving its goals. Overall, the Ohio Operating Engineers Apprenticeship Fund is positioned as a trustworthy organization with a strong emphasis on financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Operating Engineers Apprenticeship Fund legitimate?
Ohio Operating Engineers Apprenticeship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Operating Engineers Apprenticeship 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: $152,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,316,368
For more financial information, click here
What is the mission statement of Ohio Operating Engineers Apprenticeship Fund?
The Ohio Operating Engineers Apprenticeship Fund is dedicated to fostering the development and training of apprentices in the Union of Ohio Operating Engineers. Their mission is to provide comprehensive planning, supervision, and resources for the trainees, enabling them to grow into skilled operating engineers. Through this trust fund, the apprenticeship program offers a structured learning experience, ensuring a strong foundation for a successful career in the industry. The ultimate goal is to equip these individuals with the necessary skills and knowledge to excel in their chosen field. The Ohio Operating Engineers Apprenticeship Fund is committed to delivering high-quality training, preparing the next generation of operating engineers for the challenges and opportunities of their profession.
Who is the CEO of Ohio Operating Engineers Apprenticeship Fund?
Donald R Black is the Director Of Operations of Ohio Operating Engineers Apprenticeship Fund.
What is the revenue of Ohio Operating Engineers Apprenticeship Fund?
Ohio Operating Engineers Apprenticeship Fund's revenue in 2023 was $13,249,969.
Who are the executives of Ohio Operating Engineers Apprenticeship Fund and what are their salaries?
The average compensation at Ohio Operating Engineers Apprenticeship Fund during 2023 was $59,590. There are 75 employees and 10 volunteers at Ohio Operating Engineers Apprenticeship Fund.
Here are 11 key members and their salaries:
- Compensation: $145,755
- Related: $0
- Other: $7,120
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ohio Operating Engineers Apprenticeship Fund?
Ohio Operating Engineers Apprenticeship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ohio Operating Engineers Apprenticeship Fund
The Ohio Operating Engineers Apprenticeship Fund is a trust dedicated to the fostering, planning, and supervising, and in other ways providing the training of apprentices. This nonprofit organization is committed to developing skilled operating engineers through a comprehensive apprenticeship program.
By investing in the future of the Ohio Operating Engineers Union, the Apprenticeship Fund ensures a steady supply of well-trained professionals. These apprentices learn the ins and outs of operating engineering, gaining valuable hands-on experience and theoretical knowledge. The Fund's mission is to transform raw talent into skilled engineers, equipped to tackle the demands of the industry.
In essence, the Ohio Operating Engineers Apprenticeship Fund functions as a nurturing ground for aspiring engineers. It provides the resources, guidance, and opportunities necessary for apprentices to thrive and grow, ultimately contributing to the Union's long-term success. Through its dedicated approach to training, the Fund is instrumental in ensuring the Union remains at the forefront of the operating engineering industry.
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Impact
October, 2024
The Ohio Operating Engineers Apprenticeship Fund plays a crucial role in developing a skilled workforce for the construction industry by providing comprehensive training for apprentices. By fostering, planning, and supervising educational programs, it equips individuals with the necessary skills and knowledge required to excel as operating engineers. This initiative not only enhances the employability of apprentices but also contributes to the overall efficiency and safety of construction projects throughout Ohio.
The impact of the fund is far-reaching: it addresses the growing demand for qualified operating engineers, improves job opportunities for local residents, and enhances the economic landscape by ensuring a steady supply of skilled labor. As apprentices progress through their training, they gain valuable hands-on experience and industry insights, ultimately leading to a more competent workforce that can meet the evolving challenges of the industry. This investment in workforce development strengthens the union and promotes stability within the construction sector, benefiting both workers and employers alike.
This information is meant to be a general summary of Ohio Operating Engineers Apprenticeship 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $202,882
- Program Service Revenue: $13,030,791
- Gross Receipts: $13,361,331
Assets and Liabilities:
- Total Assets: $28,978,169
- Total Liabilities: $930,726
- Net Assets: $28,047,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$12,491,438
INDUSTRY TRAINING PROGRAM
Revenue
$416,252
COLLEGE INCOME
Revenue
$116,012
LATE CHARGES
Revenue
$7,089
Organization Details
Founding Year
1965
Phone
(614) 488-0708Principal Officer
Donald R Black
Main Address
1180 DUBLIN ROAD, COLUMBUS, OH, 43215
NTEE Category
Code: J22I - Employment
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