Ibb Lodge 1 Training & Education Fund

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

EIN: 363143870 ✦ St charles, IL ✦ Designated as a 501(c)(5)

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Overview

What is Ibb Lodge 1 Training & Education Fund?

The Ibb Lodge 1 Training & Education Fund is a nonprofit organization situated in St. Charles, Illinois. Their primary mission is to offer educational and training opportunities to members of IBB Local Lodge No. One. With a small team of four dedicated individuals, they aim to enrich the knowledge and skills of their members, contributing to their personal and professional growth. The fund does not provide details on the nature of the training or education, but its focus on community development within IBB Local Lodge No. One is evident.

Is Ibb Lodge 1 Training & Education Fund legitimate?

Ibb Lodge 1 Training & Education Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibb Lodge 1 Training & Education 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: $6,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,800

For more financial information, click here

What is the mission statement of Ibb Lodge 1 Training & Education Fund?

The Ibb Lodge 1 Training & Education Fund is committed to providing educational and training opportunities for its members. This organization's primary mission is to equip its members with the necessary skills and knowledge, fostering personal growth and development within the community. The fund's activities are geared towards this mission, ensuring that its members have access to resources that will enhance their capabilities and contribute positively to their personal and professional lives.

Who is the CEO of Ibb Lodge 1 Training & Education Fund?

Eric Davis is the Employer Trustee of Ibb Lodge 1 Training & Education Fund.

What is the revenue of Ibb Lodge 1 Training & Education Fund?

Ibb Lodge 1 Training & Education Fund's revenue in 2022 was $1,121,730.

Who are the executives of Ibb Lodge 1 Training & Education Fund and what are their salaries?

The average compensation at Ibb Lodge 1 Training & Education Fund during 2022 was $42,675. There are 4 employees at Ibb Lodge 1 Training & Education Fund.


Here are 8 key members and their salaries:


Joseph Reynolds (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Hoveke (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert C Gabrysiak (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Davis (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Riel (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Crandall (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Traxler (Administrator)
  • Compensation: $4,800
  • Related: $25,200
  • Other: $0
Timothy Metcalf (Training Instructor)
  • Compensation: $118,446
  • Related: $0
  • Other: $67,918
Where can I find the form 990 for Ibb Lodge 1 Training & Education Fund?

Ibb Lodge 1 Training & Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibb Lodge 1 Training & Education Fund

The Ibb Lodge 1 Training & Education Fund is dedicated to delivering educational and training opportunities to its members from IBB Local Lodge No. One. This nonprofit organization's primary mission is to equip and empower its members with the necessary skills and knowledge, fostering personal growth and development within the community. By providing a comprehensive range of educational programs, the Ibb Lodge 1 Training & Education Fund aims to enhance the capabilities and competencies of its members, ultimately contributing to a stronger and more capable community.

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Impact




October, 2024

Ibb Lodge 1 Training & Education Fund significantly enhances the skills and knowledge of its members through focused educational programs and training initiatives. By prioritizing the development of its members from IBB Local Lodge No. One, the fund fosters a more competent workforce, ultimately leading to improved job performance and career advancement opportunities.

The dedicated resources and training opportunities equip members with the necessary tools to excel in their respective roles, promoting a culture of continuous learning and professional growth. This commitment not only uplifts individual members but also strengthens the community overall by ensuring that workers are better prepared to meet the demands of an evolving job market. Additionally, by focusing on employment-related education, the Fund plays a critical role in enhancing job security and satisfaction among its members in St. Charles, IL.




This information is meant to be a general summary of Ibb Lodge 1 Training & Education 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
$1,121,730 (2022)
Expenses
$613,639 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,857
  • Program Service Revenue: $1,084,427
  • Gross Receipts: $2,792,347

Assets and Liabilities:

  • Total Assets: $1,364,026
  • Total Liabilities: $27,263
  • Net Assets: $1,336,763

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$981,508

REIMBURSEMENTS FROM OTHER TRAININ

Revenue

$102,919

Organization Details

Founding Year

1979

Principal Officer

Eric Davis

Main Address

PO BOX 6054, ST CHARLES, IL, 60174

NTEE Category

Code: J22 - Employment

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