Overview
What is Sheet Metal Industry Reimbursement?
Sheet Metal Industry Reimbursement is a nonprofit entity dedicated to supporting apprenticeship training programs within the sheet metal industry. Their primary role involves collecting fees and providing reimbursements to employers for the time invested in these educational initiatives. The purpose of these programs is to empower individuals in the sheet metal sector by offering them comprehensive on-the-job training, thereby enhancing their skills and career prospects.
Is Sheet Metal Industry Reimbursement legitimate?
Sheet Metal Industry Reimbursement is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheet Metal Industry Reimbursement 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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What is the mission statement of Sheet Metal Industry Reimbursement?
Sheet Metal Industry Reimbursement's mission revolves around managing fees and providing reimbursements to employers. This is done in support of apprenticeship training programs, which are crucial for the development of skilled workers in the sheet metal industry. By reimbursing employers for the time spent in these programs, Sheet Metal Industry Reimbursement aims to encourage and facilitate the continuous training of the workforce, thereby contributing to the growth and sustainability of the industry.
Who is the CEO of Sheet Metal Industry Reimbursement?
Geoffrey Kimmel is the Chairman of Sheet Metal Industry Reimbursement.
What is the revenue of Sheet Metal Industry Reimbursement?
Sheet Metal Industry Reimbursement's revenue in 2022 was $1,350,814.
Who are the executives of Sheet Metal Industry Reimbursement and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Sheet Metal Industry Reimbursement?
Sheet Metal Industry Reimbursement's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Industry Reimbursement
Sheet Metal Industry Reimbursement, in essence, is an entity that plays a crucial role in the apprenticeship training programs within the sheet metal industry. Their primary mission is to collect fees and then reimburse employers for the time they invest in these educational programs. This mechanism allows employers to invest in the professional development of their employees without bearing the full financial burden, thereby fostering a skilled and competent workforce within the sheet metal industry.
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Impact
October, 2024
The Sheet Metal Industry Reimbursement program significantly impacts the workforce by supporting employers engaged in apprenticeship training programs. By reimbursing employers for time spent on training apprentices, the program alleviates financial burdens, making it more feasible for companies to invest in developing skilled labor. This fosters a more competent workforce, addressing skill shortages in the sheet metal industry. As a result, businesses can maintain higher productivity levels, improve safety standards, and ensure that their employees are up-to-date with the latest techniques and technologies. Overall, the program enhances employment opportunities while promoting the growth and sustainability of the sheet metal sector in Troy, MI, and beyond.
This information is meant to be a general summary of Sheet Metal Industry Reimbursement. 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: $165,690
- Program Service Revenue: $1,185,124
- Gross Receipts: $1,350,814
Assets and Liabilities:
- Total Assets: $2,512,329
- Total Liabilities: $162,130
- Net Assets: $2,350,199
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$1,185,124
Organization Details
Phone
(248) 649-5450Principal Officer
Geoffrey Kimmel
Main Address
3221 W BIG BEAVER SUITE 305, TROY, MI, 480842896
NTEE Category
Code: J22 - Employment
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