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Boilermakers Local No 85 Joint Training And Educational 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: 341201109 ✦ Rossford, OH ✦ Designated as a 501(c)(3)

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Overview

What is Boilermakers Local No 85 Joint Training And Educational Trust Fund?

Boilermakers Local No 85 Joint Training and Educational Trust Fund is a nonprofit organization situated in Rossford, Ohio (43460). With a team of 16 dedicated individuals, this organization is committed to providing comprehensive training programs for boilermaker apprentices and upgrading journey-level boilermakers. Their mission encompasses equipping these professionals with the necessary skills to excel in their respective fields, thereby contributing positively to the industry.


Official website here: www.bl85tc.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star Rating

Boilermakers Local No 85 Joint Training And Educational Trust Fund has achieved an impressive 96% rating, reflecting its strong commitment to accountability and finance. The organization is recognized for its high standards, with a perfect score for having a majority of independent board members and a robust oversight structure. This demonstrates a significant level of transparency and governance that donors can trust.

The charity's financial health is notable, maintaining a low liabilities-to-assets ratio of only 2.02% and an efficient program expense ratio of 88.98%. This indicates that the majority of its resources are dedicated to its mission-driven programs, enhancing its credibility among stakeholders. Additionally, the charity has established comprehensive policies, such as conflict of interest and whistleblower protections, ensuring ethical operations.

While the data reflects a strong organizational framework and financial stability, it is essential for potential donors to consider the overall impact of the programs funded by this trust. Continued transparency and effective communication about program outcomes will further strengthen donor confidence and support for the charity's initiatives.


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

Is Boilermakers Local No 85 Joint Training And Educational Trust Fund legitimate?

Boilermakers Local No 85 Joint Training And Educational Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boilermakers Local No 85 Joint Training And Educational 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: $5,202
Professional Fundraising Fees: $0
Other Salaries and Wages: $289,078

For more financial information, click here


Official website here: www.bl85tc.net

What is the mission statement of Boilermakers Local No 85 Joint Training And Educational Trust Fund?

The Boilermakers Local No 85 Joint Training And Educational Trust Fund is dedicated to providing Boilermaker Apprenticeship Training and Journeyman Upgrading Programs. Their mission is to equip and enhance the skills of Boilermakers through comprehensive training programs, fostering their professional growth and development. This organization focuses on both apprentices and experienced Journeymen, ensuring they stay updated with the latest industry standards and techniques. The goal is to equip Boilermakers with the necessary skills to excel in their respective fields, thereby contributing positively to their respective industries.


Official website here: www.bl85tc.net

Who is the CEO of Boilermakers Local No 85 Joint Training And Educational Trust Fund?

Tim Timmons is the Trustee of Boilermakers Local No 85 Joint Training And Educational Trust Fund.


Official website here: www.bl85tc.net

What is the revenue of Boilermakers Local No 85 Joint Training And Educational Trust Fund?

Boilermakers Local No 85 Joint Training And Educational Trust Fund's revenue in 2023 was $582,718.


Official website here: www.bl85tc.net

Who are the executives of Boilermakers Local No 85 Joint Training And Educational Trust Fund and what are their salaries?

The average compensation at Boilermakers Local No 85 Joint Training And Educational Trust Fund during 2023 was $18,392. There are 16 employees at Boilermakers Local No 85 Joint Training And Educational Trust Fund.


Here are 8 key members and their salaries:


Kenneth Mccarthy (Trustee)
  • Compensation: $4,311
  • Related: $0
  • Other: $0
Eric Riley (Alt Trustee)
  • Compensation: $810
  • Related: $0
  • Other: $0
Steve Coffman (Trustee)
  • Compensation: $81
  • Related: $0
  • Other: $0
Robert Dzierzak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Horner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Saloff (Alt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Timmons (Financial-Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Watson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bl85tc.net

Where can I find the form 990 for Boilermakers Local No 85 Joint Training And Educational Trust Fund?

Boilermakers Local No 85 Joint Training And Educational Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bl85tc.net

Learn more at the official website: www.bl85tc.net

Mission Statement of Boilermakers Local No 85 Joint Training And Educational Trust Fund

Boilermakers Local No 85 Joint Training and Educational Trust Fund is committed to providing comprehensive apprenticeship training and journey-level upgrading programs for individuals in the boilermaker trade. The mission of this organization is to equip aspiring boilermakers with the necessary skills and knowledge required to excel in their profession, while also offering opportunities for experienced boilermakers to upgrade their skills. By offering these programs, Boilermakers Local No 85 Joint Training and Educational Trust Fund aims to ensure a highly skilled workforce in the boilermaker industry, contributing to the overall efficiency and safety of various industries that rely on boilermaker expertise.

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Impact




July, 2024

The impact of Boilermakers Local No 85 Joint Training And Educational Trust Fund lies in providing high-quality education and training programs for aspiring boilermakers. Through their apprenticeship training and journeyman upgrading programs, the trust fund equips individuals with the necessary skills and knowledge to succeed in the field of boiler making. By focusing on education and skill development, this organization contributes to the growth and expertise of the workforce in this specialized industry, ultimately helping to meet the demands of the sector and ensure the continued success of boilermakers in ROSSFORD, OH.




This information is meant to be a general summary of Boilermakers Local No 85 Joint Training And Educational 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
$582,718 (2023)
Expenses
$711,905 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $107,081
  • Program Service Revenue: $359,777
  • Gross Receipts: $582,718

Assets and Liabilities:

  • Total Assets: $3,226,920
  • Total Liabilities: $65,191
  • Net Assets: $3,161,729

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$359,777

Organization Details

Founding Year

1976

Principal Officer

Tim Timmons

Main Address

319 GLENWOOD RD PO BOX 95, ROSSFORD, OH, 43460

NTEE Category

Code: B99 - Education

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