Overview
What is Operating Engineers Local 103 Apprentshp & Trng Prgm?
Operating Engineers Local 103 Apprenticeship & Training Program is a job training initiative situated in Anderson, Indiana. Its primary objective is to provide an apprenticeship program for individuals interested in becoming Operating Engineers. This program aims to equip trainees with the necessary skills and knowledge required for this profession. The organization's mission is clearly defined, focusing on offering employment opportunities and practical training to individuals interested in this field.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)
Operating Engineers Local 103 Apprenticeship & Training Program has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization boasts a strong score in various financial metrics, reflecting its commitment to responsible management of resources and transparency in operations.
The program excels in governance, with 100% of its board members being independent and robust policies in place for conflict of interest and whistleblower protections. Such strong oversight not only enhances its credibility but also assures stakeholders that the charity operates with integrity and accountability.
While the program demonstrates an impressive program expense ratio of 88.42%, indicating that a significant portion of its funds directly supports its mission, the low liabilities to assets ratio of 0.19% further underscores its financial stability. Overall, the organization appears well-positioned to effectively serve its mission while maintaining the trust of its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Operating Engineers Local 103 Apprentshp & Trng Prgm legitimate?
Operating Engineers Local 103 Apprentshp & Trng Prgm is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Local 103 Apprentshp & Trng Prgm 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: $184,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,069,815
For more financial information, click here
What is the mission statement of Operating Engineers Local 103 Apprentshp & Trng Prgm?
The Operating Engineers Local 103 Apprenticeship & Training Program is committed to offering an apprenticeship program for Operating Engineers. Its mission is to provide employment or job training opportunities, fostering the development of skilled Operating Engineers. This program aims to equip individuals with the necessary knowledge and skills required in the field, thereby contributing to the industry's workforce.
What is the revenue of Operating Engineers Local 103 Apprentshp & Trng Prgm?
Operating Engineers Local 103 Apprentshp & Trng Prgm's revenue in 2024 was $5,457,702.
Who are the executives of Operating Engineers Local 103 Apprentshp & Trng Prgm and what are their salaries?
The average compensation at Operating Engineers Local 103 Apprentshp & Trng Prgm during 2024 was $59,708. There are 21 employees at Operating Engineers Local 103 Apprentshp & Trng Prgm.
Here are 16 key members and their salaries:
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- Compensation: $120,727
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- Compensation: $109,460
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- Compensation: $110,531
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- Compensation: $111,038
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- Other: $61,860
- Compensation: $101,289
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- Other: $55,354
- Compensation: $108,462
- Related: $0
- Other: $61,449
Where can I find the form 990 for Operating Engineers Local 103 Apprentshp & Trng Prgm?
Operating Engineers Local 103 Apprentshp & Trng Prgm's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Operating Engineers Local 103 Apprentshp & Trng Prgm
Operating Engineers Local 103 Apprenticeship & Training Program is a committed employment or job training initiative. Its primary objective is to provide an apprenticeship program for Operating Engineers, equipping individuals with the necessary skills for a successful career in this field. This program serves as a stepping stone for individuals seeking to enter the operating engineer industry, offering them a structured learning environment that combines on-the-job training with classroom instruction. Through this apprenticeship program, Operating Engineers Local 103 Apprenticeship & Training Program aims to foster the growth and development of future operating engineers, contributing to the industry's workforce and promoting professional advancement.
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Impact
October, 2024
The Operating Engineers Local 103 Apprenticeship & Training Program plays a crucial role in workforce development by providing structured training for aspiring operating engineers. By offering hands-on experience and educational resources, this program equips participants with the skills necessary to excel in the construction and heavy equipment operating industries.
The program's focus on practical training ensures that apprentices become highly proficient in operating various machinery safely and effectively, which enhances overall job site productivity. This training not only benefits the individual apprentices by opening pathways to stable employment and career advancement but also strengthens the local economy by fostering a skilled workforce.
Moreover, the initiative promotes safety and best practices in the field, thereby contributing to reduced accident rates and improved workplace conditions. The Operating Engineers Local 103 Apprenticeship & Training Program serves as a vital link between aspiring engineers and the employment opportunities available in the industry, helping to build a more competent and reliable labor force in the region.
This information is meant to be a general summary of Operating Engineers Local 103 Apprentshp & Trng Prgm. 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 2024.
- Investment Income: $154,092
- Program Service Revenue: $5,328,181
- Gross Receipts: $6,027,213
Assets and Liabilities:
- Total Assets: $12,042,478
- Total Liabilities: $8,568
- Net Assets: $12,033,910
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTOR ASSESSMENTS
Revenue
$4,936,089
IVY TECH ASSESMENTS
Revenue
$392,092
Organization Details
Founding Year
1967
Principal Officer
James R Ratican
NTEE Category
Code: J22Z - Employment
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