Overview
What is Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust?
The Sheet Metal Workers' Local No 20 Apprenticeship and Training Trust is a nonprofit organization associated with the Sheet Metal Workers' International Association (SMWIA). This association aims to safeguard and improve the living standards of approximately 150,000 skilled workers in various sectors, such as construction, manufacturing, service, railroad, and shipyard industries, across the United States, Canada, and Puerto Rico. The trust's primary focus is providing training for individuals in the sheet metal industry to ensure they maintain their highly skilled workforce. The SMWIA works towards establishing favorable working conditions for its members, emphasizing comfort, happiness, and security to recognize their valuable contributions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust has received a strong Four-Star rating from Charity Navigator, reflecting its high standards of accountability and financial management. With an overall score of 94%, the organization excels in various metrics, including a perfect score for its independent board composition and policies related to conflict of interest and whistleblower protections.
The organization demonstrates a commitment to transparency and responsible governance, as evidenced by its full compliance in areas like audit oversight and financial statements. Its program expense ratio of 92.60% indicates that a significant portion of its funds is directed toward programmatic activities, which is a positive sign for potential donors and stakeholders.
However, while the ratings and strengths highlight solid operational practices, specific user feedback on the impact and community engagement of the apprenticeship program was not detailed in the provided information. This could be an area for further exploration for those interested in the organization's outcomes and effectiveness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust legitimate?
Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust 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: $187,275
Professional Fundraising Fees: $0
Other Salaries and Wages: $959,916
For more financial information, click here
What is the mission statement of Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust?
The Sheet Metal Workers' Local No 20 Apprenticeship and Training Trust is dedicated to providing training for individuals in the sheet metal industry. This organization aligns with the broader mission of the Sheet Metal Workers' International Association (SMWIA), which aims to improve working conditions and living standards for over 150,000 skilled workers in various industries across the United States, Canada, and Puerto Rico. The training trust, in particular, strives to equip its trainees with the necessary skills for the sheet metal sector, ultimately contributing to the association's goal of ensuring desirable working conditions for its members.
Who is the CEO of Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust?
Jason Benson is the Trustee of Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust.
What is the revenue of Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust?
Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust's revenue in 2022 was $3,929,061.
Who are the executives of Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust and what are their salaries?
The average compensation at Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust during 2022 was $34,763. There are 33 employees at Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust.
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- Compensation: $120,221
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- Compensation: $102,454
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- Other: $73,021
Where can I find the form 990 for Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust?
Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust
The Sheet Metal Workers' Local No 20 Apprenticeship and Training Trust is dedicated to providing training for individuals working in the sheet metal industry. This organization, aligned with the Sheet Metal Workers' International Association (SMWIA), aims to enhance the living standards and protect the interests of over 150,000 skilled professionals employed across various sectors, including construction, manufacturing, service, railroad, and shipyard industries. The Sheet Metal Workers' Local No 20 Apprenticeship and Training Trust strives to foster favorable working conditions for its members, ensuring they receive a fair wage and benefits in return for their highly skilled labor. By establishing and maintaining such desirable work environments, the organization enables its members to enjoy a comfortable, happy, and secure life.
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Impact
October, 2024
The Sheet Metal Workers' Local No 20 Apprenticeship and Training Trust significantly impacts the sheet metal industry by providing comprehensive training and educational resources to aspiring sheet metal workers. This program elevates the skill level of participants, enabling them to meet the industry's high standards and demands. By focusing on both technical skills and safety practices, the trust ensures that apprentices are well-equipped for careers in construction, manufacturing, service, railroad, and shipyard industries.
Moreover, this training empowers individuals to secure stable employment, contributing to improved living standards for themselves and their families. As a result, the trust not only enhances the professional capabilities of its members but also fosters a sense of community and solidarity among skilled laborers. The commitment to establishing and maintaining desirable working conditions further supports members in achieving a comfortable and secure livelihood in their trades.
This information is meant to be a general summary of Sheet Metal Workers' Local No 20 Apprenticeship And Training Trust. 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: $15,495
- Program Service Revenue: $3,793,134
- Gross Receipts: $3,951,462
Assets and Liabilities:
- Total Assets: $6,462,738
- Total Liabilities: $0
- Net Assets: $6,462,738
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,521,558
IVY TECH SUBSIDIES/REI
Revenue
$236,026
STUDENT TOOL SALES
Revenue
$35,550
Organization Details
Founding Year
1968
Phone
(317) 541-0050Principal Officer
Jason Benson
Main Address
2828 E 45TH STREET NO A, INDIANAPOLIS, IN, 46205
NTEE Category
Code: B30 - Education
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