Cement Masons Local 502 Apprentice Educational & Training

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

EIN: 362487783 ✦ Bellwood, IL ✦ Designated as a 501(c)(5)

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Overview

What is Cement Masons Local 502 Apprentice Educational & Training?

Cement Masons Local 502 Apprentice Educational & Training is a nonprofit organization situated in Bellwood, Illinois, dedicated to the education and development of cement mason apprentices. Through a range of tailored programs, the organization aims to foster their growth into skilled professionals within the field. The primary objective is to deliver top-notch education, ensuring a successful career for these apprentices. The organization's training center serves as a hub for this mission.

Is Cement Masons Local 502 Apprentice Educational & Training legitimate?

Cement Masons Local 502 Apprentice Educational & Training is a legitimate nonprofit organization registered as a 501(c)(5) entity. Cement Masons Local 502 Apprentice Educational & Training 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: $199,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,448

For more financial information, click here

What is the mission statement of Cement Masons Local 502 Apprentice Educational & Training?

Cement Masons Local 502 Apprentice Educational & Training is committed to educating and training cement mason apprentices. Their primary goal is to offer the highest quality of education to these individuals, enabling them to become proficient professionals in their field. Through various programs, they focus on the apprentices' development, aiming to prepare them for successful careers in cement masonry. The organization is dedicated to providing its trainees with the necessary skills and knowledge to excel in their chosen field.

Who is the CEO of Cement Masons Local 502 Apprentice Educational & Training?

Kevin Farley is the Trustee of Cement Masons Local 502 Apprentice Educational & Training.

What is the revenue of Cement Masons Local 502 Apprentice Educational & Training?

Cement Masons Local 502 Apprentice Educational & Training's revenue in 2022 was $1,887,454.

Who are the executives of Cement Masons Local 502 Apprentice Educational & Training and what are their salaries?

The average compensation at Cement Masons Local 502 Apprentice Educational & Training during 2022 was $69,621. There are 7 employees at Cement Masons Local 502 Apprentice Educational & Training.


Here are 8 key members and their salaries:


Lawrence Picardi Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Lundsberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Diekemper - Past (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Baumgartner (Alternate Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Manley (Alternate Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Farley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Hornaday - New (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Acevedo (Training Coordinator)
  • Compensation: $138,224
  • Related: $0
  • Other: $62,674
Where can I find the form 990 for Cement Masons Local 502 Apprentice Educational & Training?

Cement Masons Local 502 Apprentice Educational & Training's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cement Masons Local 502 Apprentice Educational & Training

Cement Masons Local 502 Apprentice Educational & Training is dedicated to educating and training cement mason apprentices. This nonprofit organization's primary mission is to equip these individuals with the necessary skills to become proficient professionals in their field. Through various programs, it focuses on the development of its apprentices, aiming to provide them with the best possible education. The organization's commitment to its mission is evident in its approach, which prioritizes quality education and fosters the growth of its apprentices.

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Impact




October, 2024

Cement Masons Local 502 Apprentice Educational & Training significantly impacts the construction industry by equipping the next generation of cement masons with the skills and knowledge necessary to excel in their trade. Located in Bellwood, IL, the training center offers a variety of programs designed to foster the development of apprentices, ensuring that they receive comprehensive education tailored to meet industry standards and demands.

Through hands-on training and theoretical education, the program cultivates a workforce of highly skilled professionals, enhancing the overall quality of workmanship in the cement masonry field. Graduates from this program not only gain valuable practical skills but also develop a deep understanding of safety practices, technical applications, and project management. This commitment to training helps address labor shortages and contributes to building a more competent and reliable workforce.

By investing in the development of apprentices, Cement Masons Local 502 strengthens the local economy, promotes career advancement, and elevates industry standards, ultimately leading to better construction outcomes and safer working environments. The organization’s emphasis on education and skill development allows individuals to pursue sustainable careers while also benefiting society at large through improved infrastructure and construction quality.




This information is meant to be a general summary of Cement Masons Local 502 Apprentice Educational & Training. 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
$1,887,454 (2022)
Expenses
$1,477,004 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $97,990
  • Program Service Revenue: $1,789,464
  • Gross Receipts: $1,887,454

Assets and Liabilities:

  • Total Assets: $5,962,518
  • Total Liabilities: $246,365
  • Net Assets: $5,716,153

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Programs

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

CONTRACTOR CONTRIBUTIO

Revenue

$1,734,440

REIMBURSED ADMINISTRAT

Revenue

$47,778

REIMBURSED TRAINING EX

Revenue

$7,246

Organization Details

Founding Year

1962

Principal Officer

Kevin Farley

Main Address

739 SOUTH 25TH AVENUE, BELLWOOD, IL, 60104

NTEE Category

Code: J40 - Employment

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