Overview
What is Sheet Metal Local 80 Joint Apprenticeship Fund?
The Sheet Metal Local 80 Joint Apprenticeship Fund is a vital training institution situated in Warren, Michigan. It operates as a Joint Apprentice School, serving as the focal point for educating approximately 58 aspiring sheet metal workers. This nonprofit organization plays a significant role in the industry, providing comprehensive training programs to equip and prepare the next generation of skilled tradespeople in the sheet metal field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating. The Sheet Metal Local 80 Joint Apprenticeship Fund holds a solid score of 82%, reflecting a commendable emphasis on accountability and finance. This rating indicates that the organization generally manages its funds effectively and adheres to key financial practices.
The strengths of the organization are highlighted by a perfect score in several areas, including financial statements oversight and a favorable liabilities to assets ratio. Furthermore, the program expense ratio is strong, suggesting that a substantial portion of its budget is dedicated to its programs. However, the organization faces challenges, particularly in governance, as it lacks independent board members and is missing key policies such as those addressing conflicts of interest and whistleblower protections.
While the organization demonstrates good financial oversight, the absence of a majority of independent board members and certain governance policies raises concerns about potential biases in decision-making. Addressing these limitations could enhance the organization's transparency and strengthen its overall governance practices in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Local 80 Joint Apprenticeship Fund legitimate?
Sheet Metal Local 80 Joint Apprenticeship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Local 80 Joint Apprenticeship 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: $114,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,120
For more financial information, click here
What is the mission statement of Sheet Metal Local 80 Joint Apprenticeship Fund?
The Sheet Metal Local 80 Joint Apprenticeship Fund operates as a training center, dedicated to educating and developing approximately 58 sheet metal apprentices. Its primary mission is to serve as an industry hub, providing the necessary skills and knowledge for these trainees in the field of sheet metal work. The organization's role is instrumental in fostering the growth and expertise of future professionals in this sector, contributing to the overall development of the industry.
Who is the CEO of Sheet Metal Local 80 Joint Apprenticeship Fund?
Timothy Mulligan is the Trustee of Sheet Metal Local 80 Joint Apprenticeship Fund.
What is the revenue of Sheet Metal Local 80 Joint Apprenticeship Fund?
Sheet Metal Local 80 Joint Apprenticeship Fund's revenue in 2022 was $1,241,968.
Who are the executives of Sheet Metal Local 80 Joint Apprenticeship Fund and what are their salaries?
The average compensation at Sheet Metal Local 80 Joint Apprenticeship Fund during 2022 was $82,524. There are 5 employees at Sheet Metal Local 80 Joint Apprenticeship Fund.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $158,015
- Other: $0
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- Other: $0
- Compensation: $108,154
- Related: $0
- Other: $0
- Compensation: $114,502
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $115,104
- Related: $0
- Other: $0
- Compensation: $4,078
- Related: $0
- Other: $0
Where can I find the form 990 for Sheet Metal Local 80 Joint Apprenticeship Fund?
Sheet Metal Local 80 Joint Apprenticeship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Local 80 Joint Apprenticeship Fund
The Sheet Metal Local 80 Joint Apprenticeship Fund, acting as an industry-leading training center, is dedicated to educating and nurturing approximately 58 sheet metal apprentices. In this role, it functions as a Joint Apprentice School, providing a comprehensive and specialized learning environment for individuals seeking a career in the sheet metal industry. This nonprofit organization is committed to equipping its trainees with the necessary skills and knowledge to succeed in their chosen profession.
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Impact
July, 2024
The Sheet Metal Local 80 Joint Apprenticeship Fund's impact is significant in providing industry-leading training and education to approximately 58 sheet metal apprentices. Through its Joint Apprentice School in Warren, MI, the program equips individuals with the skills and knowledge needed to succeed in the sheet metal industry. By offering apprenticeships, the fund contributes to creating a skilled workforce, fostering employment opportunities, and supporting the growth and sustainability of the sheet metal sector.
This information is meant to be a general summary of Sheet Metal Local 80 Joint Apprenticeship 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 2022.
- Investment Income: $89,925
- Program Service Revenue: $1,152,043
- Gross Receipts: $1,836,022
Assets and Liabilities:
- Total Assets: $3,575,409
- Total Liabilities: $41,115
- Net Assets: $3,534,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,145,843
REIMBURSED EXPENSES
Revenue
$6,200
Organization Details
Founding Year
1965
Phone
(586) 979-5190Principal Officer
Timothy Mulligan
Main Address
32700 DEQUINDRE ROAD, WARREN, MI, 48092
NTEE Category
Code: J22 - Employment
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