Overview
What is Iron Workers 395 Trust Joint Apprenticeship Training Committee?
The Iron Workers 395 Trust Joint Apprenticeship Training Committee is a nonprofit entity situated in Lake Station, Indiana, specifically at 890 EAST 25TH AVENUE. Their primary focus is to provide comprehensive training programs for apprentices and journey-level workers within the ironworking industry. This commitment encompasses equipping individuals with the necessary skills to excel in their respective roles, thereby contributing to the growth and development of the industry as a whole. With a team of six dedicated professionals, they are dedicated to fostering a skilled workforce and ensuring the continuity of the ironworking trade.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Iron Workers 395 Trust Joint Apprenticeship Training Committee received a two-star rating from Charity Navigator, indicating significant areas for improvement in their operations. While the organization showcases strong accountability through a fully independent board and a favorable liabilities to assets ratio, several critical policies and financial transparency issues are noted. Specifically, they lack a conflict of interest policy, a whistleblower policy, and a document retention protocol, which raises concerns about governance practices.
Financially, the organization appears to allocate a substantial portion of its funding towards program expenses, with a program expense ratio of 83.10%. This is a positive indicator of their commitment to their mission. However, the absence of financial statements and a missing website listed on their tax form suggest transparency issues that could hinder stakeholder trust and engagement.
Overall, while the Iron Workers 395 Trust Joint Apprenticeship Training Committee demonstrates strengths in certain accountability metrics, the lack of essential policies and financial documentation presents a challenge. Addressing these shortcomings will be crucial for improving their overall rating and fostering greater donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Iron Workers 395 Trust Joint Apprenticeship Training Committee legitimate?
Iron Workers 395 Trust Joint Apprenticeship Training Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Workers 395 Trust Joint Apprenticeship Training Committee 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: $245,709
Professional Fundraising Fees: $0
Other Salaries and Wages: $393,681
For more financial information, click here
What is the mission statement of Iron Workers 395 Trust Joint Apprenticeship Training Committee?
The Iron Workers 395 Trust Joint Apprenticeship Training Committee's primary objective is to offer comprehensive training programs for both apprentices and journey-level workers in the iron working trade. Their mission is centered around equipping these individuals with the necessary skills and knowledge to excel in their respective roles. This commitment to education and skill development is aimed at ensuring a proficient workforce within the iron working industry. The training committee also focuses on upgrading existing skills, thereby fostering continuous growth and development among its trainees.
Who is the CEO of Iron Workers 395 Trust Joint Apprenticeship Training Committee?
Andrew Thomas is the Board Member/Bm of Iron Workers 395 Trust Joint Apprenticeship Training Committee.
What is the revenue of Iron Workers 395 Trust Joint Apprenticeship Training Committee?
Iron Workers 395 Trust Joint Apprenticeship Training Committee's revenue in 2022 was $2,024,734.
Who are the executives of Iron Workers 395 Trust Joint Apprenticeship Training Committee and what are their salaries?
The average compensation at Iron Workers 395 Trust Joint Apprenticeship Training Committee during 2022 was $106,565. There are 6 employees at Iron Workers 395 Trust Joint Apprenticeship Training Committee.
Here are 8 key members and their salaries:
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- Compensation: $119,678
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- Other: $87,907
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Where can I find the form 990 for Iron Workers 395 Trust Joint Apprenticeship Training Committee?
Iron Workers 395 Trust Joint Apprenticeship Training Committee's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iron Workers 395 Trust Joint Apprenticeship Training Committee
The Iron Workers 395 Trust Joint Apprenticeship Training Committee is dedicated to providing comprehensive training programs for both apprentices and journey-level workers in their field. Their primary mission is to equip individuals with the necessary skills and knowledge required to excel in the ironworking industry. This commitment to education and skill development is integral to ensuring a steady workforce that can meet the demands of the industry. By offering apprenticeship and journey-level training, the Iron Workers 395 Trust Joint Apprenticeship Training Committee plays a crucial role in fostering the growth and development of its members, thereby contributing to the overall strength and success of the industry.
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Impact
October, 2024
The Iron Workers 395 Trust Joint Apprenticeship Training Committee plays a significant role in developing skilled professionals in the ironworking industry. By offering comprehensive apprenticeship and journeyman training programs, it equips individuals with the necessary skills and knowledge to excel in their careers.
Located in Lake Station, IN, the committee addresses the demand for trained ironworkers, ensuring that the local workforce is adept and competent. This not only enhances individual employment opportunities but also contributes to the overall quality and safety standards within the construction industry.
The training provided by the committee prepares apprentices for the intricate challenges of ironworking, cultivating a highly skilled workforce that can meet the evolving needs of the industry. As a result, the committee's initiatives foster economic growth and stability in the region while promoting a culture of lifelong learning and professional development.
This information is meant to be a general summary of Iron Workers 395 Trust Joint Apprenticeship Training Committee. 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: $78,523
- Program Service Revenue: $1,897,166
- Gross Receipts: $2,024,734
Assets and Liabilities:
- Total Assets: $4,788,595
- Total Liabilities: $37,229
- Net Assets: $4,751,366
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,846,310
IVY TECH GRANT
Revenue
$50,856
Organization Details
Founding Year
1954
Phone
(219) 962-7675Principal Officer
Andrew Thomas
Main Address
890 EAST 25TH AVENUE, LAKE STATION, IN, 46405
NTEE Category
Code: J22 - Employment
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