Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund

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

EIN: 366127341 ✦ Bellwood, IL ✦ Designated as a 501(c)(5)

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Overview

What is Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund?

The Sheet Metal Workers' Local 73 Apprentice Fund and Journeymen's Training Fund is a nonprofit organization dedicated to supporting, maintaining, and administering a program focused on the training of both apprentices and journeymen in the field of sheet metal work. This organization's mission is to ensure the continuity and success of skilled workers in the sheet metal industry, providing them with the necessary education and resources to excel in their craft.


Official website here: www.jatc73.org

Is Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund legitimate?

Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training 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: $244,911
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,882,963

For more financial information, click here


Official website here: www.jatc73.org

What is the mission statement of Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund?

The Sheet Metal Workers' Local 73 Apprentice Fund and Journeymen's Training Fund is committed to ensuring the well-being and management of a program designed for the training of apprentices and journeymen in the field of sheet metal work. Their primary mission is to provide necessary support and resources to facilitate this training program's operation and success. This includes maintaining and administering the program effectively, ensuring that both apprentices and journeymen receive the necessary education and skills to excel in their careers.


Official website here: www.jatc73.org

Who is the CEO of Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund?

Joseph Passannante is the Trustee of Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund.


Official website here: www.jatc73.org

What is the revenue of Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund?

Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund's revenue in 2023 was $3,274,309.


Official website here: www.jatc73.org

Who are the executives of Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund and what are their salaries?

The average compensation at Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund during 2023 was $13,468. There are 158 employees at Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund.


Here are 11 key members and their salaries:


Raymond Suggs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike May (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Ahern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Manta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cesak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Passannante (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Mulhearn (Apprentice Coordinator)
  • Compensation: $146,152
  • Related: $0
  • Other: $95,636
Patricia Hoffman (Instructor)
  • Compensation: $131,482
  • Related: $0
  • Other: $100,741
Clifford Brooks (Instructor)
  • Compensation: $123,262
  • Related: $0
  • Other: $94,800
Leo Thier (Instructor)
  • Compensation: $125,554
  • Related: $0
  • Other: $96,466
Damian Zermeno (Instructor)
  • Compensation: $124,700
  • Related: $0
  • Other: $96,114


Official website here: www.jatc73.org

Where can I find the form 990 for Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund?

Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.jatc73.org

Learn more at the official website: www.jatc73.org

Mission Statement of Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training Fund

The Sheet Metal Workers' Local 73 Apprentice Fund and Journeymen's Training Fund is dedicated to supporting, maintaining, and overseeing a program designed for the education and skill development of apprentices and journeymen in the sheet metal work industry. Their mission is geared towards ensuring the proper administration and upkeep of this training program, thereby equipping individuals with the necessary skills to excel in their respective careers. By providing for the necessary resources and supervision, this organization plays a vital role in fostering the growth and success of its members in the sheet metal work field.

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Impact




October, 2024

The Sheet Metal Workers' Local 73 Apprentice Fund and Journeymen's Training Fund significantly impacts the workforce by ensuring high standards of training and skill development for both apprentices and journeymen in the sheet metal industry. By providing comprehensive support and resources, this fund plays a crucial role in maintaining a skilled labor force that meets the demands of the industry.

The program focuses on the rigorous training necessary for apprentices to acquire essential skills, preparing them for successful careers. Additionally, it supports ongoing education for journeymen, enabling them to stay current with evolving technologies and practices in the field. This commitment to education not only enhances the quality of work but also boosts overall productivity and safety in the industry.

By fostering a well-trained workforce, the fund helps create a stable employment landscape, ultimately benefiting both workers and employers in the Bellwood, IL area and beyond. The emphasis on training contributes to a stronger economy and helps to elevate the standards of craftsmanship within the sheet metal sector.




This information is meant to be a general summary of Sheet Metal Workers' Local 73 Apprentice Fund And Journeymen's Training 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
$3,274,309 (2023)
Expenses
$3,667,820 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $189,240
  • Program Service Revenue: $3,035,835
  • Gross Receipts: $6,140,743

Assets and Liabilities:

  • Total Assets: $6,878,471
  • Total Liabilities: $365,701
  • Net Assets: $6,512,770

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Programs

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

CONTRACTOR'S CONTRIBUTIONS

Revenue

$3,031,655

SCHOOL REGISTRATION FEES

Revenue

$4,180

Organization Details

Founding Year

1942

Principal Officer

Joseph Passannante

Main Address

2701 WEST VAN BUREN, BELLWOOD, IL, 601042458

NTEE Category

Code: J40 - Employment

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