Overview
What is Michigan Bac Apprenticeship & Training Fund?
The Michigan Bac Apprenticeship & Training Fund is a nonprofit organization situated in Lansing, Michigan. Their primary mission revolves around the collection and administration of contributions, with a focus on instructing and training participants. Specifically, the fund defrays the training costs for apprentices and journey-level workers, ensuring they gain essential skills and knowledge in their respective trades. With a small workforce of three individuals, they contribute to the development of skilled labor force in Michigan.
Is Michigan Bac Apprenticeship & Training Fund legitimate?
Michigan Bac Apprenticeship & Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Bac Apprenticeship & Training 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,907
For more financial information, click here
What is the mission statement of Michigan Bac Apprenticeship & Training Fund?
The Michigan Bac Apprenticeship & Training Fund's mission is centered around providing financial assistance for the training costs of apprentices and journeyworkers. Specifically, the fund collects and administers contributions, and is responsible for instructing and training participants in their respective trades. This commitment aims to support the development and growth of skilled workforce in various industries, thereby contributing to the overall economic prosperity.
Who is the CEO of Michigan Bac Apprenticeship & Training Fund?
Same As C Above is the Principal Officer of Michigan Bac Apprenticeship & Training Fund.
What is the revenue of Michigan Bac Apprenticeship & Training Fund?
Michigan Bac Apprenticeship & Training Fund's revenue in 2022 was $314,091.
Who are the executives of Michigan Bac Apprenticeship & Training Fund and what are their salaries?
The average compensation at Michigan Bac Apprenticeship & Training Fund during 2022 was $20,302. There are 3 employees at Michigan Bac Apprenticeship & Training Fund.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $101,620
- Other: $50,125
- Compensation: $0
- Related: $97,613
- Other: $47,946
- Compensation: $0
- Related: $97,613
- Other: $47,946
- Compensation: $0
- Related: $97,613
- Other: $47,946
- Compensation: $0
- Related: $128,070
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Michigan Bac Apprenticeship & Training Fund?
Michigan Bac Apprenticeship & Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Michigan Bac Apprenticeship & Training Fund
Michigan Bac Apprenticeship & Training Fund is committed to a mission that involves covering the expenses associated with training for apprentices and journeyworkers. By collecting and managing contributions, this organization plays a crucial role in instructing and educating its participants, thereby contributing to their professional development. The primary aim of Michigan Bac Apprenticeship & Training Fund is to facilitate the learning process for apprentices and journeyworkers, thereby empowering them to advance in their respective fields.
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Impact
October, 2024
The Michigan Bac Apprenticeship & Training Fund significantly impacts the workforce by alleviating training costs for apprentices and journeymen in the building and construction industries. By collecting and administering contributions, the fund ensures that individuals engaged in these trades receive the necessary instruction and training to develop their skills effectively.
This support not only enhances the capabilities of the workforce but also contributes to a more skilled labor pool in Michigan. As a result, employers benefit from highly trained workers, which can lead to increased efficiency and productivity on job sites. Additionally, providing financial assistance helps to attract new entrants into the trades, fostering a sustainable future for the industry.
Overall, the Michigan Bac Apprenticeship & Training Fund is vital in promoting quality training, advancing careers in the construction sector, and strengthening the state's economy through employment opportunities.
This information is meant to be a general summary of Michigan Bac Apprenticeship & Training 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: $12,285
- Program Service Revenue: $215,000
- Gross Receipts: $314,091
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$215,000
Organization Details
Founding Year
1968
Phone
(517) 321-7502Principal Officer
Same As C Above
Main Address
6525 CENTURION DRIVE, LANSING, MI, 48917
NTEE Category
Code: J22 - Employment
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