Overview
What is District Council 50 Joint Apprenticeship & Training Fund?
District Council 50 Joint Apprenticeship & Training Fund is a nonprofit organization situated in Honolulu, Hawaii. With a workforce of 35 individuals, their primary mission is to provide educational benefits to participants and their beneficiaries, subject to certain eligibility requirements. They aim to achieve this by investing the contributions they receive, utilizing the funds exclusively for benefiting participants and their dependents while managing reasonable administrative expenses. The organization's activities encompass compliance training, worth $73,600, and upgrade training, costing $56,556.
Is District Council 50 Joint Apprenticeship & Training Fund legitimate?
District Council 50 Joint Apprenticeship & Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. District Council 50 Joint Apprenticeship & Training 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $597,826
For more financial information, click here
What is the mission statement of District Council 50 Joint Apprenticeship & Training Fund?
The District Council 50 Joint Apprenticeship & Training Fund's mission is centered around utilizing contributions received for providing benefits to its participants and their beneficiaries. The primary objective is to satisfy certain eligibility requirements while also covering reasonable administrative expenses. The fund invests in educational benefits, specifically compliance and upgrade training, as part of its commitment to its participants. In essence, the fund's mission is to contribute positively to the professional development and well-being of its participants.
What is the revenue of District Council 50 Joint Apprenticeship & Training Fund?
District Council 50 Joint Apprenticeship & Training Fund's revenue in 2023 was $3,047,829.
Who are the executives of District Council 50 Joint Apprenticeship & Training Fund and what are their salaries?
The average compensation at District Council 50 Joint Apprenticeship & Training Fund during 2023 was $18,682. There are 32 employees at District Council 50 Joint Apprenticeship & Training Fund.
Here are 19 key members and their salaries:
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- Compensation: $111,683
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- Other: $73,131
- Compensation: $106,683
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- Other: $77,762
- Compensation: $106,683
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- Other: $66,064
Where can I find the form 990 for District Council 50 Joint Apprenticeship & Training Fund?
District Council 50 Joint Apprenticeship & Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of District Council 50 Joint Apprenticeship & Training Fund
District Council 50 Joint Apprenticeship & Training Fund is an organization with a mission to provide educational benefits to its participants and their beneficiaries, subject to specific eligibility requirements. To accomplish this, the fund utilizes and invests the contributions it receives, using the income solely for the purpose of offering benefits to its participants and their dependents, as well as covering the reasonable expenses associated with administering the organization. The fund's activities primarily focus on providing compliance training and upgrading training, as indicated by the figures of $73,600 for compliance training and $56,556 for upgrade training, which are part of its offerings.
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Impact
October, 2024
The District Council 50 Joint Apprenticeship & Training Fund significantly enhances the workforce by providing educational benefits to participants and their beneficiaries. With a focus on compliance training and upgrade training, the fund allocates substantial resources—$73,600 for compliance training and $56,556 for upgrade training. These efforts not only equip participants with essential skills but also promote career advancement and stability within the industry. The mission is clear: to diligently invest contributions to provide meaningful benefits to participants, ensuring they are well-prepared for the evolving demands of their professions while supporting effective administration. Operating from Honolulu, HI, the program plays a critical role in fostering employment opportunities and professional growth in the region.
This information is meant to be a general summary of District Council 50 Joint Apprenticeship & Training 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: $195,325
- Program Service Revenue: $2,966,138
- Gross Receipts: $11,763,532
Assets and Liabilities:
- Total Assets: $6,689,802
- Total Liabilities: $0
- Net Assets: $6,689,802
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS' CONTRIBUTIONS
Revenue
$2,964,322
LIQUIDATED DAMAGES
Revenue
$1,816
Organization Details
Founding Year
2012
Principal Officer
John Frigillana Jr Lar
NTEE Category
Code: J22 - Employment
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