Overview
What is Operating Engineers Apprenticeship & Skill Imp Committee - Central Il?
The Operating Engineers Apprenticeship & Skill Imp Committee - Central Il is a nonprofit organization situated in Springfield, Illinois. Their primary focus is to provide an apprenticeship training program for new union members. This involves conducting classes to equip these individuals with necessary skills. The organization manages the revenue and expenses associated with these training sessions. With a team of ten employees, they are committed to fostering the development of skilled union members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The Operating Engineers Apprenticeship & Skill Improvement Committee - Central Illinois has received a commendable rating of 94%, indicating a strong level of accountability and transparency in its operations. This high score reflects the organization’s commitment to maintaining an independent board, with 60% of its members being independent, as well as effective financial oversight through a thorough audit and oversight committee.
Strengths of the organization include its excellent financial health, as demonstrated by a low liabilities to assets ratio of 0.12% and a program expense ratio of 82.59%, suggesting that the majority of funds are directed towards its programs. Additionally, the presence of various governance policies, such as conflict of interest and whistleblower policies, enhances its operational integrity.
While the organization showcases robust financial practices and governance, consistent monitoring of these practices will be vital for sustaining its positive reputation. Overall, the Operating Engineers Apprenticeship & Skill Improvement Committee stands out as a reliable nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Operating Engineers Apprenticeship & Skill Imp Committee - Central Il legitimate?
Operating Engineers Apprenticeship & Skill Imp Committee - Central Il is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Apprenticeship & Skill Imp Committee - Central Il 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $780,064
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What is the mission statement of Operating Engineers Apprenticeship & Skill Imp Committee - Central Il?
The Operating Engineers Apprenticeship & Skill Imp Committee, without specifying a particular location, is committed to providing an apprentice training program for new union members. This mission is carried out by organizing and financing the necessary classes and covering the associated costs. The objective is to equip these new members with the necessary skills to contribute effectively to their respective trades within the union. The program aims to equip the apprentices with the necessary theoretical and practical knowledge to become competent professionals in their respective fields.
Who is the CEO of Operating Engineers Apprenticeship & Skill Imp Committee - Central Il?
Bret Scaggs is the Chairman of Operating Engineers Apprenticeship & Skill Imp Committee - Central Il.
What is the revenue of Operating Engineers Apprenticeship & Skill Imp Committee - Central Il?
Operating Engineers Apprenticeship & Skill Imp Committee - Central Il's revenue in 2021 was $1,686,187.
Who are the executives of Operating Engineers Apprenticeship & Skill Imp Committee - Central Il and what are their salaries?
Where can I find the form 990 for Operating Engineers Apprenticeship & Skill Imp Committee - Central Il?
Operating Engineers Apprenticeship & Skill Imp Committee - Central Il's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Operating Engineers Apprenticeship & Skill Imp Committee - Central Il
The Operating Engineers Apprenticeship & Skill Improvement Committee in Central Il is committed to providing an apprentice training program for new union members. This mission is aimed at equipping these new members with the necessary skills and knowledge required for their respective roles within the union. The committee's primary activity is to organize and conduct apprenticeship training classes, ensuring that the participants acquire the necessary skills and competencies to excel in their chosen fields. The committee also manages the financial aspects of the apprenticeship program, covering the costs of holding the classes and other related expenses. Through this initiative, the Operating Engineers Apprenticeship & Skill Improvement Committee in Central Il plays a crucial role in fostering the professional development of new union members, thereby strengthening the union as a whole.
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Impact
October, 2024
The Operating Engineers Apprenticeship & Skill Imp Committee - Central IL plays a significant role in workforce development by providing a comprehensive apprenticeship training program tailored for new union members. This initiative facilitates the acquisition of essential skills necessary for operating engineers, ensuring that trainees receive hands-on experience and theoretical knowledge.
By focusing on skill development, the program not only enhances the qualifications of participants but also contributes to the overall improvement of safety and efficiency in the construction and heavy equipment operation sectors. The training helps bridge the gap between education and employment, effectively preparing apprentices for successful careers in the industry.
Moreover, the apprenticeships foster a strong sense of community and support among union members, strengthening labor representation and advocating for workers' rights in the region. The Committee’s efforts also positively impact the local economy by equipping a skilled workforce that can meet industry demands, thus promoting job growth and stability in Central Illinois.
This information is meant to be a general summary of Operating Engineers Apprenticeship & Skill Imp Committee - Central Il. 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 2021.
- Investment Income: $33,493
- Program Service Revenue: $1,636,634
- Gross Receipts: $1,689,187
Assets and Liabilities:
- Total Assets: $1,861,371
- Total Liabilities: $4,728
- Net Assets: $1,856,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,636,634
Organization Details
Founding Year
1968
Phone
(217) 498-7798Principal Officer
Bret Scaggs
Main Address
3520 EAST COOK, SPRINGFIELD, IL, 62703
NTEE Category
Code: J22Z - Employment
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