Overview
What is Operating Engineers Local 181 Appr & Train Prog?
Operating Engineers Local 181 Apprenticeship and Training Program is a vital initiative aimed at enhancing the skills and motivation of its members. This program, which operates in collaboration with Local 181's Building Association and Highway Association, is a key element in their mission. The purpose of the program is to provide comprehensive and high-quality apprentice and journeyman training to its members, ensuring they are adequately equipped for their roles. This joint administration allows for a well-rounded and effective training program that benefits Local 181's members in the long run.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Operating Engineers Local 181 Apprenticeship and Training Program received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is derived entirely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible management of resources.
The nonprofit excels in several areas, including having a fully independent board with all members meeting accountability standards. Their financial oversight is robust, with a high score in financial statements and a clear absence of asset diversions. The organization also demonstrates effective financial practices, maintaining a low liabilities-to-assets ratio and a strong program expense ratio, ensuring that most of their expenditures directly support their programs.
There are no significant limitations noted in the ratings, suggesting a strong operational framework and adherence to best practices in governance. Overall, the organization appears to be well-managed and dedicated to its mission, making it a reliable choice for stakeholders considering support or involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Operating Engineers Local 181 Appr & Train Prog legitimate?
Operating Engineers Local #181 Appr & Train Prog is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Local #181 Appr & Train Prog 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,060,676
For more financial information, click here
What is the mission statement of Operating Engineers Local 181 Appr & Train Prog?
The Operating Engineers Local 181 Apprenticeship and Training Program serves as a crucial element in fostering the skills and motivation of its members. This joint initiative, overseen by Local 181, Building Association, and Highway Association, is primarily focused on providing comprehensive training for apprentices and journeyworkers in the operating engineering field. The program's objective is to ensure that the local union's workforce remains highly skilled and motivated, thereby contributing to the overall success of the organization.
Who is the CEO of Operating Engineers Local 181 Appr & Train Prog?
Unavailable
What is the revenue of Operating Engineers Local 181 Appr & Train Prog?
Operating Engineers Local 181 Appr & Train Prog's revenue in 2023 was $4,562,161.
Who are the executives of Operating Engineers Local 181 Appr & Train Prog and what are their salaries?
The average compensation at Operating Engineers Local 181 Appr & Train Prog during 2023 was $70,712. There are 15 employees at Operating Engineers Local 181 Appr & Train Prog.
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Where can I find the form 990 for Operating Engineers Local 181 Appr & Train Prog?
Operating Engineers Local 181 Appr & Train Prog's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Operating Engineers Local 181 Appr & Train Prog
The Operating Engineers Local 181 Apprentice and Training Program is a vital initiative, aimed at ensuring the skillset and motivation of its members. This program is a collaborative effort between Local 181, Building Association, and Highway Association, working together to elevate the competence of their members. The mission of this program is to provide a comprehensive, jointly-managed apprenticeship and journeyman training scheme, thereby ensuring that the members of Operating Engineers Local 181 are well-equipped and motivated in their respective professions.
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Impact
October, 2024
The Operating Engineers Local 181 Apprenticeship and Training Program plays a crucial role in fostering a highly skilled workforce in the construction industry. By providing comprehensive training for both apprentices and journeymen, the program ensures that members of Local 181 possess the necessary skills, knowledge, and motivation to excel in their roles. This training not only enhances individual career prospects but also contributes to the overall efficiency and safety of construction projects in the region.
The program's administration through collaboration with local builders and highway associations strengthens community ties and ensures that the curriculum is relevant to current industry needs. As a result, the training program helps to maintain high standards of workmanship and professionalism, which ultimately benefits employers and the economy. By investing in the development of skilled engineers, the program supports sustainable employment opportunities and workforce development in Henderson, Kentucky, and beyond.
This information is meant to be a general summary of Operating Engineers Local 181 Appr & Train Prog. 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: $257,833
- Program Service Revenue: $4,081,164
- Gross Receipts: $4,562,161
Assets and Liabilities:
- Total Assets: $7,930,028
- Total Liabilities: $10,480
- Net Assets: $7,919,548
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP ASSESSMENTS
Revenue
$3,771,767
IVY TECH PROCEEDS
Revenue
$308,447
APPLICATION FEES
Revenue
$950
Organization Details
Founding Year
1975
Phone
(270) 826-2704Main Address
PO BOX 34, HENDERSON, KY, 42419
NTEE Category
Code: J22 - Employment
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