Overview
What is Finishing Trades Institute Of Dc 14 Chicago?
Finishing Trades Institute of DC 14 Chicago, located in Berkeley, Illinois, is a nonprofit organization primarily focused on professional trade education. Their mission is to prepare individuals for employment in the field. With an impressive revenue generation of $5,912,221 last year, the institute plays a significant role in the Chicago area's workforce development, offering a comprehensive apprenticeship and training program in painting and decorating trades.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars) from Charity Navigator
The Finishing Trades Institute of DC 14 Chicago has achieved a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The rating is based entirely on their impressive accountability and finance score of 94%, reflecting a high level of transparency and responsible management of resources.
The organization demonstrates exceptional governance practices, with a fully independent board and robust financial oversight mechanisms. Key strengths include a 100% independent board, comprehensive conflict of interest and whistleblower policies, and a strong record of financial performance, as evidenced by a low liabilities-to-assets ratio and a high program expense ratio.
Despite these strengths, the summary does not highlight any specific limitations or areas for improvement, suggesting that the organization operates effectively and responsibly within its financial framework. Overall, this rating signifies that the Finishing Trades Institute of DC 14 Chicago is a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Finishing Trades Institute Of Dc 14 Chicago legitimate?
Finishing Trades Institute Of Dc 14 Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finishing Trades Institute Of Dc 14 Chicago 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: $1,066,535
For more financial information, click here
What is the mission statement of Finishing Trades Institute Of Dc 14 Chicago?
The Finishing Trades Institute of DC 14 Chicago, through its Chicago Area Painting and Decorating Joint Apprenticeship and Trust, is primarily focused on providing professional trade education. Its mission is to prepare individuals for employment in the relevant field. This organization generates significant revenue, as evidenced by earning $5,912,221 last year. However, the mission statement itself does not explicitly state specific objectives beyond employment training.
Who is the CEO of Finishing Trades Institute Of Dc 14 Chicago?
Miles Beatty is the Former Trustee of Finishing Trades Institute Of Dc 14 Chicago.
What is the revenue of Finishing Trades Institute Of Dc 14 Chicago?
Finishing Trades Institute Of Dc 14 Chicago's revenue in 2022 was $6,486,254.
Who are the executives of Finishing Trades Institute Of Dc 14 Chicago and what are their salaries?
The average compensation at Finishing Trades Institute Of Dc 14 Chicago during 2022 was $96,958. There are 11 employees at Finishing Trades Institute Of Dc 14 Chicago.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $147,908
- Related: $0
- Other: $95,398
- Compensation: $143,929
- Related: $0
- Other: $94,097
- Compensation: $140,897
- Related: $0
- Other: $91,674
- Compensation: $120,530
- Related: $0
- Other: $62,154
- Compensation: $142,976
- Related: $0
- Other: $84,477
Where can I find the form 990 for Finishing Trades Institute Of Dc 14 Chicago?
Finishing Trades Institute Of Dc 14 Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Finishing Trades Institute Of Dc 14 Chicago
The Finishing Trades Institute of DC 14 Chicago, in its mission, focuses on professional trade education. This nonprofit organization is dedicated to training individuals, preparing them for employment in their respective fields. By providing a comprehensive and structured apprenticeship program, the institute equips individuals with the necessary skills and knowledge required to excel in their chosen trades. This nonprofit's mission is instrumental in bridging the gap between job seekers and the demand for skilled labor in various industries, thereby contributing to a stronger and more skilled workforce.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Finishing Trades Institute Of DC 14 Chicago plays a crucial role in professional trade education, specifically within the painting and decorating sector. By offering comprehensive training programs, it equips individuals with essential skills for employment, fostering a skilled workforce in the area. Located in Berkeley, IL, the institute not only boosts the local economy but also ensures that the community has access to well-trained professionals who can meet the demands of the industry. With significant revenues indicating the institute's robust operations, it demonstrates a commitment to enhancing career prospects for individuals while contributing to the overall growth of the trade.
This information is meant to be a general summary of Finishing Trades Institute Of Dc 14 Chicago. 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: $464,078
- Program Service Revenue: $6,022,176
- Gross Receipts: $12,307,396
Assets and Liabilities:
- Total Assets: $20,378,907
- Total Liabilities: $1,404,861
- Net Assets: $18,974,046
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$6,016,776
REGISTRATION & OTHER FEES
Revenue
$5,400
Organization Details
Founding Year
1919
Phone
(708) 449-5282Principal Officer
Miles Beatty
Main Address
1101 N TAFT AVENUE, BERKELEY, IL, 601631041
NTEE Category
Code: B30 - Education
If you are a representative of Finishing Trades Institute Of Dc 14 Chicago and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.