Overview
What is Ann Arbor Student Building Industry Program Inc?
Ann Arbor Student Building Industry Program Inc is a nonprofit organization based in Ann Arbor, Michigan, with an address at 179 Little Lake Drive. Their primary mission is to provide high school students in the Ann Arbor school system with hands-on experience in construction. They offer scholarships to students who have successfully completed their program. The organization aims to introduce students to potential careers in the construction industry, fostering education and skill development in this field.
Official website here: www.aastudentbuilding.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
The Ann Arbor Student Building Industry Program Inc has received a 69% rating, signaling a need for improvement in certain areas of accountability and finance. With a strong program expense ratio of 95.56%, the organization demonstrates effective use of its funds towards its mission. Additionally, it maintains a fully independent board, which is a positive indicator of governance.
However, the nonprofit has notable deficiencies, including the absence of essential policies such as a conflict of interest policy and a whistleblower policy, which received a score of zero. This lack of crucial policies could raise concerns about transparency and accountability within the organization. Despite these issues, the organization has shown no material diversion of assets, highlighting good financial integrity.
Overall, while the Ann Arbor Student Building Industry Program Inc shows strengths in its program expense management and board independence, the identified gaps in policy development may affect stakeholder trust. It is vital for the organization to address these shortcomings to enhance its overall rating and efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Ann Arbor Student Building Industry Program Inc legitimate?
Ann Arbor Student Building Industry Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ann Arbor Student Building Industry Program Inc 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.
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For more financial information, click here
Official website here: www.aastudentbuilding.org
What is the mission statement of Ann Arbor Student Building Industry Program Inc?
The Ann Arbor Student Building Industry Program Inc is committed to educating and introducing high school students to careers in construction. This is achieved through providing hands-on experience in constructing houses, with the program selling these houses as part of the learning process. Each year, scholarships are awarded to students who have successfully completed the program, demonstrating their dedication and skills in the construction field. The organization's mission is essentially geared towards fostering the next generation of construction professionals by offering a practical and rewarding learning experience.
Official website here: www.aastudentbuilding.org
Who is the CEO of Ann Arbor Student Building Industry Program Inc?
Ryan Lucchesi is the President of Ann Arbor Student Building Industry Program Inc.
Official website here: www.aastudentbuilding.org
What is the revenue of Ann Arbor Student Building Industry Program Inc?
Ann Arbor Student Building Industry Program Inc's revenue in 2022 was $7,676.
Official website here: www.aastudentbuilding.org
Who are the executives of Ann Arbor Student Building Industry Program Inc and what are their salaries?
Here are 26 key members and their salaries:
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Official website here: www.aastudentbuilding.org
Where can I find the form 990 for Ann Arbor Student Building Industry Program Inc?
Ann Arbor Student Building Industry Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aastudentbuilding.org
Learn more at the official website: www.aastudentbuilding.org
Mission Statement of Ann Arbor Student Building Industry Program Inc
Ann Arbor Student Building Industry Program Inc, as its mission statement suggests, is dedicated to providing education and introducing high school students to the realm of construction careers. By engaging in the construction and sale of houses, this nonprofit organization offers hands-on experience in home construction to students within the Ann Arbor school system. Each year, scholarships are awarded to students who have successfully completed the program, further encouraging their pursuit of a career in the construction industry.
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Impact
August, 2024
The impact of Ann Arbor Student Building Industry Program Inc is significant in providing high school students in the Ann Arbor School system with hands-on experience in home construction. By engaging students in the construction and sale of houses, the program introduces them to potential careers in the construction industry. Additionally, the program awards scholarships to students who have completed the program, further supporting their educational and career pursuits. Overall, the organization plays a crucial role in educating and preparing students for construction careers, ultimately contributing to the development of skilled professionals in the industry.
This information is meant to be a general summary of Ann Arbor Student Building Industry Program Inc. 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: $1,489
- Gross Receipts: $7,676
Assets and Liabilities:
- Total Assets: $984,681
- Total Liabilities: $0
- Net Assets: $984,681
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Organization Details
Founding Year
1970
Phone
(734) 822-2269Principal Officer
Ryan Lucchesi
Main Address
179 LITTLE LAKE DR, ANN ARBOR, MI, 48103
Website
www.aastudentbuilding.orgNTEE Category
Code: B25I - Education
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