The Apprentice Training Fund For Local 1 Of The Iabsoiw

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

EIN: 362405186 ✦ Forest park, IL ✦ Designated as a 501(c)(5)

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Overview

What is The Apprentice Training Fund For Local 1 Of The Iabsoiw?

The Apprentice Training Fund for Local 1 of the IABSOIW, located in Forest Park, Illinois, is a nonprofit organization with a mission to educate and equip ironworkers with the necessary skills to thrive in a swift-paced workforce. With a team of nine dedicated individuals, the fund focuses on training apprentice ironworkers, transforming them into efficient and productive workers. The organization's activities are centered around this mission, providing an environment that fosters the growth and development of the next generation of skilled workers in the ironworking industry.


Official website here: www.iwlocal1.com

Is The Apprentice Training Fund For Local 1 Of The Iabsoiw legitimate?

The Apprentice Training Fund For Local 1 Of The Iabsoiw is a legitimate nonprofit organization registered as a 501(c)(5) entity. The Apprentice Training Fund For Local 1 Of The Iabsoiw 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: $195,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,283

For more financial information, click here


Official website here: www.iwlocal1.com

What is the mission statement of The Apprentice Training Fund For Local 1 Of The Iabsoiw?

The Apprentice Training Fund for Local 1 of the IABSOWI is committed to training apprentice ironworkers, enabling them to become productive workers in a fast-paced workforce. This mission aims to equip these individuals with the necessary skills to thrive in their respective fields, ensuring they can contribute effectively to the workforce. The training program is designed to prepare apprentices for the demanding nature of the industry, ultimately fostering a skilled workforce capable of meeting the needs of the sector.


Official website here: www.iwlocal1.com

Who is the CEO of The Apprentice Training Fund For Local 1 Of The Iabsoiw?

Robert Bass is the Chairperson of The Apprentice Training Fund For Local 1 Of The Iabsoiw.


Official website here: www.iwlocal1.com

What is the revenue of The Apprentice Training Fund For Local 1 Of The Iabsoiw?

The Apprentice Training Fund For Local 1 Of The Iabsoiw's revenue in 2022 was $976,118.


Official website here: www.iwlocal1.com

Who are the executives of The Apprentice Training Fund For Local 1 Of The Iabsoiw and what are their salaries?

The average compensation at The Apprentice Training Fund For Local 1 Of The Iabsoiw during 2022 was $39,811. There are 9 employees and 6 volunteers at The Apprentice Training Fund For Local 1 Of The Iabsoiw.


Here are 7 key members and their salaries:


Patrick Clark (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Caballero (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Mcgee Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Austin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig A Satalic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bass (Coordinator)
  • Compensation: $195,014
  • Related: $0
  • Other: $97,146


Official website here: www.iwlocal1.com

Where can I find the form 990 for The Apprentice Training Fund For Local 1 Of The Iabsoiw?

The Apprentice Training Fund For Local 1 Of The Iabsoiw's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iwlocal1.com

Learn more at the official website: www.iwlocal1.com

Mission Statement of The Apprentice Training Fund For Local 1 Of The Iabsoiw

The Apprentice Training Fund for Local 1 of the IABSOIW is dedicated to a significant mission. Their primary focus is on training apprentice ironworkers to become productive workers in a fast-paced workforce. By providing comprehensive training programs, this organization aims to equip these apprentices with the necessary skills and knowledge to excel in their respective fields. The ultimate goal is to foster a workforce that can adapt and thrive in the dynamic construction industry.

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Impact




October, 2024

The Apprentice Training Fund for Local 1 of the Ironworkers Association plays a vital role in shaping the future of the ironworking trade. By focusing on training apprentice ironworkers, the program ensures that new workers develop the skills necessary to thrive in a fast-paced workforce. This hands-on training equips apprentices with practical experience and knowledge, which enhances their productivity and employability in an industry that demands precision and expertise.

Located in Forest Park, IL, the Fund fosters local employment by preparing a highly skilled workforce tailored to the needs of the ironworking sector. By investing in the development of apprentices, the program not only meets the industry's demand for qualified workers but also contributes to the overall growth of the regional economy. The impact is profound, as it supports job creation, promotes safe practices, and cultivates a sense of professionalism among ironworkers, ultimately benefiting both the workforce and the construction industry as a whole.




This information is meant to be a general summary of The Apprentice Training Fund For Local 1 Of The Iabsoiw. 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
$976,118 (2022)
Expenses
$865,432 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,013
  • Program Service Revenue: $902,774
  • Gross Receipts: $976,118

Assets and Liabilities:

  • Total Assets: $3,879,134
  • Total Liabilities: $81,483
  • Net Assets: $3,797,651

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$861,934

GRANT SUPPORT

Revenue

$40,840

Organization Details

Founding Year

1953

Principal Officer

Robert Bass

Main Address

7740 INDUSTRIAL DRIVE, FOREST PARK, IL, 60130

NTEE Category

Code: J40 - Employment

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