Indiana Laborers Training Trust Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 356079079 ✦ Bedford, IN ✦ Designated as a 501(c)(5)

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Overview

What is Indiana Laborers Training Trust Fund?

Indiana Laborers Training Trust Fund is a nonprofit organization located in Bedford, Indiana. Their primary mission is to offer continuous pre-job training, retraining, and upgrading programs for personnel working in the construction industry within the state. They have successfully facilitated approximately 4,400 course completions through their apprenticeship training and instruction. With a workforce of 47 employees, they are dedicated to enhancing the skills and capabilities of individuals in the construction sector, thereby contributing to the industry's growth and development in Indiana.


Official website here: www.indianalaborers.org

Is Indiana Laborers Training Trust Fund legitimate?

Indiana Laborers Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Indiana Laborers Training Trust Fund 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: $180,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,599,276

For more financial information, click here


Official website here: www.indianalaborers.org

What is the mission statement of Indiana Laborers Training Trust Fund?

The Indiana Laborers Training Trust Fund is committed to providing continuous pre-job training, retraining, and upgrading programs for personnel employed in the construction industry. Their mission is to enhance the skills and expertise of these individuals, thereby contributing to the industry's growth and development. The organization has successfully facilitated approximately 4,400 course completions in apprenticeship training and instruction. This underscores their dedication to equipping the construction workforce with the necessary skills for their roles.


Official website here: www.indianalaborers.org

What is the revenue of Indiana Laborers Training Trust Fund?

Indiana Laborers Training Trust Fund's revenue in 2024 was $8,008,011.


Official website here: www.indianalaborers.org

Who are the executives of Indiana Laborers Training Trust Fund and what are their salaries?

The average compensation at Indiana Laborers Training Trust Fund during 2024 was $66,181. There are 42 employees at Indiana Laborers Training Trust Fund.

Here are 13 key members and their salaries:


Rick Henson Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ferrara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Abel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Brickey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Meyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Short (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Bolk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wiseman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramon Mendoza (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Timmerman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Brown (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Frye (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Coakley (Director)
  • Compensation: $110,639
  • Related: $0
  • Other: $69,681


Official website here: www.indianalaborers.org

Where can I find the form 990 for Indiana Laborers Training Trust Fund?

Indiana Laborers Training Trust Fund's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.indianalaborers.org

Learn more at the official website: www.indianalaborers.org

Mission Statement of Indiana Laborers Training Trust Fund

The Indiana Laborers Training Trust Fund is dedicated to offering continuous programs of pre-employment training, retraining, and upgrading for individuals working in the construction industry within Indiana. Their mission is centered around equipping and empowering these personnel with the necessary skills to excel in their respective roles, ensuring a thriving workforce in the construction sector. The organization has successfully provided approximately 4,400 course completions in apprenticeship training and instruction, demonstrating its commitment to this cause.

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Impact




October, 2024

The Indiana Laborers Training Trust Fund plays a crucial role in the state's construction industry by providing comprehensive pre-job training, retraining, and skill upgrading for workers. With approximately 4,400 course completions in apprenticeship training and instruction, it ensures that personnel are well-equipped to meet industry demands. This continuous education not only enhances the workforce's skills but also improves overall safety and efficiency on job sites. As a result, the Trust Fund significantly contributes to the professional development of construction workers in Indiana, fostering a more skilled and competitive labor market.




This information is meant to be a general summary of Indiana Laborers Training Trust Fund. 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.

Revenue
$8,008,011 (2024)
Expenses
$8,517,111 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $452,351
  • Gross Receipts: $12,355,351

Assets and Liabilities:

  • Total Assets: $20,408,470
  • Total Liabilities: $512,847
  • Net Assets: $19,895,623

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Organization Details

Founding Year

1968

Principal Officer

Sean Coakley

NTEE Category

Code: J22 - Employment

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