Overview
What is Local 63 Educational Trust Fund?
Local 63 Educational Trust Fund is a nonprofit organization situated in East Peoria, Illinois, with a specific focus on educating apprentice plumbers. Through a well-structured training program, they aim to instill professional techniques and adhere to industry standards within their apprenticeship. The trust fund employs a team of 12 individuals, dedicated to this essential mission.
Is Local 63 Educational Trust Fund legitimate?
Local #63 Educational Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local #63 Educational Trust 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: $10,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,522
For more financial information, click here
What is the mission statement of Local 63 Educational Trust Fund?
The Local 63 Educational Trust Fund's mission is centered around providing educational training to apprentice plumbers. Through a structured program, they aim to instruct these aspiring plumbers in professional techniques and standards, thereby equipping them with the necessary skills for their future careers. This initiative is essential in maintaining high-quality plumbing work and ensuring that the industry continues to thrive. The trust fund's primary objective is to contribute to the professional development of apprentice plumbers, thereby strengthening the plumbing workforce and enhancing the overall standard of plumbing services.
What is the revenue of Local 63 Educational Trust Fund?
Local 63 Educational Trust Fund's revenue in 2024 was $348,564.
Who are the executives of Local 63 Educational Trust Fund and what are their salaries?
The average compensation at Local 63 Educational Trust Fund during 2024 was $11,290. There are 10 employees at Local 63 Educational Trust Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,293
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $7,904
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $38,012
- Related: $0
- Other: $0
Where can I find the form 990 for Local 63 Educational Trust Fund?
Local 63 Educational Trust Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Local 63 Educational Trust Fund
The Local 63 Educational Trust Fund is dedicated to educating and training apprentice plumbers, instilling in them professional techniques and standards. Their mission is to provide a comprehensive program that equips these aspiring plumbers with the necessary skills and knowledge required for their future careers in the plumbing industry. By offering this training, the Local 63 Educational Trust Fund plays a vital role in ensuring that the plumbing profession maintains high standards and continues to grow with a skilled workforce.
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Impact
October, 2024
The Local 63 Educational Trust Fund significantly enhances the plumbing profession by providing structured training programs for apprentice plumbers. Through its instruction on professional techniques and industry standards, the Trust Fund equips new entrants with essential skills, ensuring they are well-prepared to meet the demands of the trade. This commitment to education not only elevates individual apprentices but also strengthens the overall quality of plumbing services in the community. By fostering a skilled workforce, the Trust Fund contributes to job readiness, economic stability, and the maintenance of high standards in the plumbing industry throughout East Peoria, IL.
This information is meant to be a general summary of Local 63 Educational Trust 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $6,297
- Program Service Revenue: $341,566
- Gross Receipts: $348,564
Assets and Liabilities:
- Total Assets: $928,515
- Total Liabilities: $9,694
- Net Assets: $918,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS FROM EMP
Revenue
$290,767
LEASE INCOME
Revenue
$44,510
BOOK FEES
Revenue
$5,952
APPRENTICE APPLICATION
Revenue
$337
Organization Details
Founding Year
1980
Principal Officer
David Maroon Jr
NTEE Category
Code: J40 - Employment
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