Overview
What is Local 697 Ibew Apprentice?
Local 697 IBEW Apprentice is a nonprofit organization situated in Merrillville, Indiana. Their primary focus is on delivering electrical apprenticeship training and educational opportunities to eligible individuals. Moreover, the organization offers retraining programs for journeymen within the electrical field. By providing these services, Local 697 IBEW Apprentice aims to contribute to the development and advancement of electrical professionals in the area.
What are the reviews and ratings of this charity?
Charity Navigator rating: 94%, Four-Star out of Four Star rating.
Local 697 Ibew Apprentice has achieved an impressive 94% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization excels with a perfect score in key governance areas, including having a fully independent board and robust financial oversight. These factors contribute to the high trust placed in its operations and management.
The nonprofit maintains exemplary financial health, with a liabilities to assets ratio of just 0.02%, indicating strong financial stability. Furthermore, it allocates a significant 71.90% of its expenses directly to its programs, demonstrating a focus on its mission-driven activities rather than administrative costs.
However, while the financials and governance are well-rated, further insights into the direct impact of its programs and community feedback could provide a more comprehensive understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Local 697 Ibew Apprentice legitimate?
Local 697 Ibew Apprentice is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local 697 Ibew Apprentice 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: $202,173
Professional Fundraising Fees: $0
Other Salaries and Wages: $564,384
For more financial information, click here
What is the mission statement of Local 697 Ibew Apprentice?
Local 697 IBEW Apprentice's mission is centered around offering electrical apprenticeship training and education to eligible candidates. Furthermore, they also provide retraining opportunities for journeymen. The organization's primary goal is to equip these individuals with the necessary skills in the electrical field. Located in Merrillville, IN, Local 697 IBEW Apprentice contributes to the development of a skilled workforce within the electrical industry. Their mission is instrumental in fostering both personal and professional growth among apprentices and journeymen, thereby enhancing their career prospects.
Who is the CEO of Local 697 Ibew Apprentice?
Joe Dancho is the Trustee of Local 697 Ibew Apprentice.
What is the revenue of Local 697 Ibew Apprentice?
Local 697 Ibew Apprentice's revenue in 2023 was $2,430,138.
Who are the executives of Local 697 Ibew Apprentice and what are their salaries?
The average compensation at Local 697 Ibew Apprentice during 2023 was $47,910. There are 16 employees at Local 697 Ibew Apprentice.
Here are 11 key members and their salaries:
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- Other: $0
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- Compensation: $135,116
- Related: $0
- Other: $64,557
- Compensation: $107,935
- Related: $0
- Other: $64,557
- Compensation: $108,285
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- Other: $64,557
- Compensation: $114,235
- Related: $0
- Other: $60,424
- Compensation: $103,835
- Related: $0
- Other: $64,557
Where can I find the form 990 for Local 697 Ibew Apprentice?
Local 697 Ibew Apprentice's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Local 697 Ibew Apprentice
Local 697 IBEW Apprentice is committed to delivering electrical apprenticeship training and education to eligible apprentices and journeymen. This nonprofit organization's mission is to equip individuals with the necessary skills to excel in the electrical field. By offering apprenticeship programs, Local 697 IBEW Apprentice aims to provide a comprehensive learning experience, ensuring that its trainees are well-equipped to meet the demands of the industry. Furthermore, the organization also provides retraining opportunities for journeymen, allowing them to stay updated with the latest advancements in electrical technology. In doing so, Local 697 IBEW Apprentice plays a vital role in fostering a skilled workforce in the electrical sector.
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Impact
October, 2024
Local 697 IBEW Apprentice plays a significant role in shaping the future of the electrical industry by providing comprehensive apprenticeship training and education to eligible individuals. Located in Merrillville, IN, it focuses on equipping apprentices with the essential skills and knowledge needed to thrive in the electrical trade. This rigorous training program not only prepares newcomers for a career in the electrical field but also offers retraining opportunities for journeymen, ensuring that they stay updated with the latest technologies and practices.
By fostering a skilled workforce, Local 697 IBEW Apprentice directly impacts employment in the region, enhancing job prospects for participants and contributing to the overall growth of the local economy. Through hands-on training and educational resources, the organization supports the professional development of its members, ultimately strengthening the electrical industry's standards and capabilities.
This information is meant to be a general summary of Local 697 Ibew Apprentice. 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: $201,972
- Program Service Revenue: $2,223,290
- Gross Receipts: $2,430,138
Assets and Liabilities:
- Total Assets: $11,931,296
- Total Liabilities: $2,719
- Net Assets: $11,928,577
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,629,224
VOCATIONAL TECH COLLEG
Revenue
$579,466
APPLICATION INCOME
Revenue
$14,600
Organization Details
Founding Year
1964
Phone
(219) 845-3454Principal Officer
Joe Dancho
Main Address
7200 MISSISSIPPI ST 100, MERRILLVILLE, IN, 46410
NTEE Category
Code: J22 - Employment
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