Overview
What is Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity?
The Pipefitting Industry Educational Trust Fund of Detroit and Vicinity is a nonprofit organization situated in Troy, Michigan. With a team of six dedicated individuals, their primary focus is providing educational programs for pipefitters. Specifically, they run an apprentice training program and a continuing education program for journey-level pipefitters. This training school aims to equip and empower pipefitters, fostering their professional growth and development within the industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (74%)
The Pipefitting Industry Educational Trust Fund of Detroit and Vicinity has received a two-star rating from Charity Navigator, indicating there are areas for improvement in accountability and financial practices. The organization shows a strong commitment to programs, with a high program expense ratio of 87.73%, demonstrating that a significant portion of funds is directed towards its mission. However, the lack of a majority of independent board members raises concerns about governance and oversight.
Several key areas highlight the organization's weaknesses, particularly in its policies related to conflict of interest, whistleblower protections, and document retention, all scoring zero. Furthermore, the absence of its website listed on the tax form and failure to post tax documents on its website suggests a lack of transparency. These deficiencies could undermine trust among potential donors and stakeholders.
Overall, while the organization effectively allocates resources to its programs, it is essential for the Pipefitting Industry Educational Trust Fund to enhance its governance practices and transparency efforts to foster greater trust and credibility in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity legitimate?
Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity 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: $167,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $632,978
For more financial information, click here
What is the mission statement of Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity?
The Pipefitting Industry Educational Trust Fund of Detroit and Vicinity is committed to providing education and training for pipefitters. Their mission, specifically, is centered around nurturing apprentice and journeyman pipefitters through a structured training program and continuing education courses. This educational endeavor aims to equip pipefitters with the necessary skills and knowledge to excel in their profession. The trust fund focuses on the pipefitting trade, offering a comprehensive apprentice training program and ongoing education opportunities for journeymen.
Who is the CEO of Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity?
James Wilson is the Trustee of Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity.
What is the revenue of Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity?
Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity's revenue in 2022 was $2,259,236.
Who are the executives of Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity and what are their salaries?
The average compensation at Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity during 2022 was $133,472. There are 6 employees at Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity.
Here are 8 key members and their salaries:
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- Compensation: $167,851
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- Other: $0
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Where can I find the form 990 for Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity?
Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity
The Pipefitting Industry Educational Trust Fund of Detroit and Vicinity is committed to providing education and training for pipefitters, specifically focusing on apprentices and journey-level pipefitters. Its mission is to establish and operate a training school that equips individuals with the necessary skills and knowledge required to excel in the pipefitting industry. The organization offers a comprehensive Apprentice Training Program, designed to introduce novices to the field, and a Continuing Education Program for journey-level pipefitters, aimed at enhancing their existing skills and keeping them updated with the latest industry developments. This nonprofit organization plays a vital role in the development and advancement of pipefitters, ensuring a skilled workforce that can meet the demands of the industry.
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Impact
July, 2024
The impact of the Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity is evident in its commitment to providing high-quality training to apprentice and journeyman pipefitters. By offering a comprehensive apprentice training program and continuing education for journeyman pipefitters, the organization plays a vital role in preparing skilled professionals for the industry. This not only benefits the individuals involved by enhancing their knowledge and skills but also contributes to the overall workforce development and employment opportunities in the field. Through its focused mission of education and training in pipefitting, the Trust Fund helps shape the future of the industry and promotes a skilled workforce for the region.
This information is meant to be a general summary of Pipefitting Industry Educational Trust Fund Of Detroit And Vicinity. 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: $4,267
- Program Service Revenue: $2,231,500
- Gross Receipts: $2,499,236
Assets and Liabilities:
- Total Assets: $4,075,314
- Total Liabilities: $148,549
- Net Assets: $3,926,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND BOOKS
Revenue
$123,811
EMPLOYER CONTRIBUTIONS
Revenue
$2,107,689
MISCELLANEOUS INCOME
Organization Details
Founding Year
1936
Phone
(248) 585-0636Principal Officer
James Wilson
Main Address
636 EXECUTIVE DRIVE, TROY, MI, 48083
NTEE Category
Code: J22 - Employment
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