Overview
What is Three Rivers Manufacturers' Association?
Three Rivers Manufacturers' Association, based in Joliet, Illinois, functions as a nonprofit organization dedicated to serving the needs of local manufacturers in Will and Grundy Counties. Comprising a mix of small and large companies, including numerous national and international corporations, this association offers a range of programs to benefit its member organizations, regardless of size. Its primary focus is on promoting manufacturing excellence among its members and improving the overall manufacturing climate within the communities it serves. To achieve these goals, Three Rivers Manufacturers' Association provides top-notch safety and health training to all contractors and industry personnel. An advisory committee overseeing the quality of training ensures continuous improvement and offers input on the daily operations of the safety center, ensuring that the association remains at the forefront of safety standards. With a team of 14 dedicated individuals, Three Rivers Manufacturers' Association is committed to fostering a safer and more efficient manufacturing environment.
Official website here: www.trma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating.
The Three Rivers Manufacturers' Association has received an impressive score of 96%, which reflects its strong performance in accountability and finance. This rating is significant as it indicates the organization's commitment to transparency and effective management of its resources. The evaluation is based entirely on their accountability and finance score, showcasing their dedication to responsible governance.
Key strengths identified include a fully independent board, with all eight members having no conflicts of interest. Additionally, the organization has robust financial oversight with no material diversion of assets reported, indicating a high level of integrity in its financial practices. Furthermore, the program expense ratio of 82.23% demonstrates a strong focus on utilizing funds directly for its mission-related activities.
There are no noted limitations in the data provided, as the organization has established comprehensive policies for conflict of interest, whistleblowing, and document retention. This solid framework further enhances the association's credibility and reinforces its commitment to ethical operations. Overall, the Three Rivers Manufacturers' Association exemplifies strong governance and financial responsibility, making it a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Three Rivers Manufacturers' Association legitimate?
Three Rivers Manufacturers' Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Three Rivers Manufacturers' Association 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: $158,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $440,403
For more financial information, click here
Official website here: www.trma.org
What is the mission statement of Three Rivers Manufacturers' Association?
The Three Rivers Manufacturers' Association, comprising both small and large companies, strives to serve the needs of its members in Will and Grundy Counties. Its mission is to promote manufacturing excellence among its members and enhance the overall manufacturing climate within the communities it serves. To accomplish this, the association provides various programs aimed at benefiting all member organizations, irrespective of their size. One of its key initiatives involves offering quality safety and health training to contractors and industry personnel. An advisory committee oversees this training, ensuring continuous improvement and offering input on the daily operations of the safety center.
Official website here: www.trma.org
Who is the CEO of Three Rivers Manufacturers' Association?
Raymond Woodworth is the Chair of Three Rivers Manufacturers' Association.
Official website here: www.trma.org
What is the revenue of Three Rivers Manufacturers' Association?
Three Rivers Manufacturers' Association's revenue in 2022 was $1,572,612.
Official website here: www.trma.org
Who are the executives of Three Rivers Manufacturers' Association and what are their salaries?
The average compensation at Three Rivers Manufacturers' Association during 2022 was $42,778. There are 14 employees and 14 volunteers at Three Rivers Manufacturers' Association.
Here are 15 key members and their salaries:
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- Compensation: $158,495
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Official website here: www.trma.org
Where can I find the form 990 for Three Rivers Manufacturers' Association?
Three Rivers Manufacturers' Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trma.org
Learn more at the official website: www.trma.org
Mission Statement of Three Rivers Manufacturers' Association
Three Rivers Manufacturers' Association, a collective of both small and large companies, including numerous national and international corporations, is dedicated to serving the needs of its members in Will and Grundy Counties. The organization's mission is multifaceted, aiming to promote manufacturing excellence among its members and enhance the overall manufacturing climate within the communities it serves. By offering a variety of programs, Three Rivers Manufacturers' Association strives to benefit all member organizations, regardless of their size.
In pursuit of its mission, Three Rivers Manufacturers' Association places a significant emphasis on safety and health training. They provide quality training to all contractors and industry personnel, ensuring that the highest standards are upheld in the field. An advisory committee is instrumental in this endeavor, monitoring the quality of the training, driving continuous improvement, and providing valuable input on the daily operations of the Safety Center. This commitment to safety and training not only benefits the members but also contributes to the overall improvement of the manufacturing climate within the served communities.
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Impact
October, 2024
Three Rivers Manufacturers' Association (TRMA) significantly impacts local manufacturers in Will and Grundy counties by serving their diverse needs, facilitating community growth, and enhancing manufacturing excellence. Comprising both small and large companies, including numerous national and international corporations, TRMA fosters collaboration and knowledge-sharing among its member organizations.
One of TRMA’s key contributions is its emphasis on quality safety and health training for contractors and industry personnel. Through a dedicated advisory committee that monitors and ensures the effectiveness of these training programs, TRMA promotes a culture of safety and continuous improvement. This investment in education not only protects workers but also enhances operational efficiency and productivity within the manufacturing sector.
Moreover, TRMA is dedicated to creating a favorable manufacturing environment in the communities it serves. By advocating for industry needs, providing resources, and promoting best practices, TRMA plays a crucial role in strengthening the overall manufacturing climate, ensuring its members remain competitive and successful in an ever-evolving market. Overall, TRMA's impact extends beyond individual member organizations, contributing to the economic vitality and growth of the region.
This information is meant to be a general summary of Three Rivers Manufacturers' Association. 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: $17,789
- Program Service Revenue: $1,175,272
- Gross Receipts: $1,648,096
Assets and Liabilities:
- Total Assets: $2,298,464
- Total Liabilities: $944,878
- Net Assets: $1,353,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$468,210
SITE SPECIFIC FEES
Revenue
$342,820
BACKGROUND CHECKS
Revenue
$266,640
MEETINGS AND SEMINARS
Revenue
$97,602
Organization Details
Founding Year
1959
Phone
(815) 774-6070Principal Officer
Raymond Woodworth
Main Address
1615 WEST JEFFERSON STREET, JOLIET, IL, 60435
Website
www.trma.orgNTEE Category
Code: B99 - Education
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