Overview
What is Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund?
Sheet Metal Workers' Local 218(S) Apprentice Training and Development Fund is a nonprofit organization situated in Springfield, Illinois. Their primary purpose is to offer job training programs specifically for members of Sheet Metal Workers' Local 218. Their mission encompasses providing the necessary skills and education to its members, thereby contributing to their professional growth and development within the sheet metal industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Sheet Metal Workers' Local 218(S) Apprentice Training and Development Fund has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The organization scores 80% overall, primarily due to its strong performance in financial accountability metrics, which reflect responsible stewardship of resources.
Strengths of the organization include a fully independent board, with 80% of its members being independent, and an excellent record of no material diversions of assets. Their conflict of interest policy is well documented, and they maintain transparency through documented board meeting minutes. Additionally, they invest a significant portion of their budget, approximately 79.65%, into program expenses, demonstrating a commitment to their mission.
While the organization has performed well in various aspects of financial management, further details on program outcomes and community impact would provide a more comprehensive view of their effectiveness. Nonetheless, the positive financial practices and governance structure indicate a responsible organization dedicated to its training and development objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund legitimate?
Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Workers' Local 218(S) Apprentice Training And Development 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: $43,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,879
For more financial information, click here
What is the mission statement of Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund?
The Sheet Metal Workers' Local 218 Apprentice Training and Development Fund is committed to providing training for its members. Its primary objective is to equip the members with necessary skills to excel in their respective trades. The fund aims to foster a learning environment, enabling members to improve their professional capabilities and stay updated with the latest industry trends. This training not only enhances their job performance but also provides a competitive edge in the job market. The fund's mission is centered around the development and growth of its members, ensuring they are well-equipped to meet the demands of their profession.
What is the revenue of Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund?
Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund's revenue in 2024 was $250,892.
Who are the executives of Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund and what are their salaries?
The average compensation at Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund during 2024 was $4,699. There are 18 employees at Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund.
Here are 9 key members and their salaries:
- Compensation: $1,808
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $17,895
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $11,013
- Related: $0
- Other: $0
- Compensation: $10,592
- Related: $0
- Other: $0
Where can I find the form 990 for Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund?
Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Sheet Metal Workers' Local 218(S) Apprentice Training And Development Fund
Sheet Metal Workers' Local 218, through its Apprentice Training and Development Fund, is committed to offering comprehensive training opportunities for its members. This nonprofit organization's primary mission is to empower its members by providing them with the necessary skills and knowledge within the field of sheet metal work. By offering this training, Sheet Metal Workers' Local 218 aims to prepare its members for successful careers in this industry, ultimately contributing to their professional growth and development.
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Impact
October, 2024
The Sheet Metal Workers' Local 218(S) Apprentice Training and Development Fund plays a crucial role in enhancing the skill sets of its members through comprehensive training programs. By providing targeted education and training opportunities, the Fund ensures that the local workforce is well-prepared to meet the demands of the industry.
In Springfield, IL, this program focuses on developing proficient sheet metal workers, equipping them with the necessary tools and knowledge to excel in their craft. The emphasis on practical skills not only benefits the individual apprentices but also enhances the overall quality of work produced by Local 218 members.
Moreover, the impact of the training extends to the community and economy by fostering a highly skilled labor force that can contribute effectively to various projects. This initiative not only supports individual career growth but also strengthens the industry’s standards, ensuring that Local 218 members remain competitive and capable in an evolving job market.
This information is meant to be a general summary of Sheet Metal Workers' Local 218(S) Apprentice Training And Development 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: $9,155
- Program Service Revenue: $224,470
- Gross Receipts: $250,892
Assets and Liabilities:
- Total Assets: $597,413
- Total Liabilities: $8,509
- Net Assets: $588,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$224,470
Organization Details
Founding Year
1968
Principal Officer
Rich Manka
NTEE Category
Code: J22 - Employment
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