Overview
What is Finishing Trades Institute Of The Ohio Region?
The Finishing Trades Institute of the Ohio Region is a nonprofit organization situated in Strongsville, Ohio. With a team of 15 dedicated individuals, their primary focus is to enhance the skills and knowledge of pre-apprentices, apprentices, and journey persons who are members of the organization. This is achieved through various training programs and skill upgrading initiatives. Moreover, the institution is committed to researching health and safety concerns specific to the painting and allied trades industry. This holistic approach equips the workforce with the necessary tools and knowledge, ensuring a safe and efficient work environment within the industry.
Official website here: www.iupat-dc6.org/training-and-education
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
The Finishing Trades Institute of the Ohio Region has achieved a commendable Four-Star rating from Charity Navigator, with an overall score of 92%. This rating is primarily derived from its strong performance in the Accountability & Finance category. The organization demonstrates robust financial practices and transparency, ensuring that donations are utilized effectively to support its mission.
One of the organization’s notable strengths is its governance structure, with an independent board that consists of 100% independent members. Additionally, it maintains a solid financial health profile, evidenced by a low liabilities-to-assets ratio of 0.37% and a program expense ratio of 74.05%. These figures suggest that the majority of its resources are directed towards its programs, reinforcing its commitment to its goals.
However, there is a minor limitation noted in the absence of a whistleblower policy, which received a score of zero out of four points. While this does not significantly detract from the overall financial accountability, it indicates an area for potential improvement in governance practices. Overall, the Finishing Trades Institute of the Ohio Region appears to be a well-managed organization with a strong commitment to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Finishing Trades Institute Of The Ohio Region legitimate?
Finishing Trades Institute Of The Ohio Region is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finishing Trades Institute Of The Ohio Region 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: $129,935
Professional Fundraising Fees: $0
Other Salaries and Wages: $403,445
For more financial information, click here
Official website here: www.iupat-dc6.org/training-and-education
What is the mission statement of Finishing Trades Institute Of The Ohio Region?
The Finishing Trades Institute of the Ohio Region is dedicated to training pre-apprentices, enhancing the skills of journeyworkers, and conducting research on health and safety issues specific to the painting and allied trades industry. Their mission is centered around providing necessary training, upgrading skills, and investigating safety concerns for members belonging to the organization, which includes pre-apprentices, apprentices, and journeyworkers. The organization's financial resources are utilized to support this primary mission, contributing to the professional development and safety of individuals within the industry.
Official website here: www.iupat-dc6.org/training-and-education
Who is the CEO of Finishing Trades Institute Of The Ohio Region?
James Sherwood is the Trustee of Finishing Trades Institute Of The Ohio Region.
Official website here: www.iupat-dc6.org/training-and-education
What is the revenue of Finishing Trades Institute Of The Ohio Region?
Finishing Trades Institute Of The Ohio Region's revenue in 2022 was $1,175,818.
Official website here: www.iupat-dc6.org/training-and-education
Who are the executives of Finishing Trades Institute Of The Ohio Region and what are their salaries?
The average compensation at Finishing Trades Institute Of The Ohio Region during 2022 was $35,559. There are 15 employees at Finishing Trades Institute Of The Ohio Region.
Here are 21 key members and their salaries:
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- Compensation: $88,822
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- Other: $41,114
Official website here: www.iupat-dc6.org/training-and-education
Where can I find the form 990 for Finishing Trades Institute Of The Ohio Region?
Finishing Trades Institute Of The Ohio Region's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iupat-dc6.org/training-and-education
Learn more at the official website: www.iupat-dc6.org/training-and-education
Mission Statement of Finishing Trades Institute Of The Ohio Region
The Finishing Trades Institute of the Ohio Region is dedicated to serving pre-apprentices, apprentices, and journeyworkers within the painting and allied trades industry. Their mission is threefold: firstly, they focus on providing training to pre-apprentices, ensuring they gain the necessary skills to begin their career. Secondly, they aim to enhance the skills of journeyworkers, keeping them up-to-date with the evolving demands of their profession. Lastly, they are committed to researching health and safety issues specific to the painting and allied trades industry, striving to improve the well-being and safety of its members. The organization's resources are utilized to fund these endeavors, contributing to the continuous development and safety of its members.
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Impact
October, 2024
The Finishing Trades Institute of the Ohio Region plays a vital role in enhancing the skills and knowledge of individuals in the painting and allied trades industry. By offering training programs for pre-apprentices and journeypersons, the Institute equips its members with the necessary expertise to excel in their crafts. This investment in skill development not only improves individual careers but also elevates the overall standards of the industry.
Additionally, the Institute's commitment to researching health and safety issues contributes to creating safer work environments, ensuring that workers are equipped with the latest information and practices for their protection. This focus on safety enhances the wellbeing of both workers and clients, fostering a culture of responsibility and care within the trade.
Overall, the impact of the Finishing Trades Institute of the Ohio Region extends beyond education; it cultivates a highly skilled workforce, promotes safety, and supports the continual advancement of practices within the painting and allied trades industry.
This information is meant to be a general summary of Finishing Trades Institute Of The Ohio Region. 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.
- Investment Income: -$5,597
- Program Service Revenue: $1,181,415
- Gross Receipts: $1,374,109
Assets and Liabilities:
- Total Assets: $1,393,842
- Total Liabilities: $3,680
- Net Assets: $1,390,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$1,030,881
PROGRAM FEES
Revenue
$150,534
Organization Details
Founding Year
1999
Phone
(440) 239-4575Principal Officer
James Sherwood
Main Address
8257 DOW CIRCLE, STRONGSVILLE, OH, 44136
NTEE Category
Code: B30 - Education
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