Overview
What is Finishing Trades Institute Of The Great Lakes?
The Finishing Trades Institute of the Great Lakes is a nonprofit organization located in Southfield, Michigan. With a modest workforce of eight individuals, their primary focus is on providing apprentice training for union members in the painting and drywall industries. Specifically, they cater to members of the Painters Union District Council 1M, offering extensive educational programs that aim to equip them with the necessary skills for their respective careers. This institute plays a crucial role in cultivating and nurturing talent within these industries, contributing to the overall growth and development of the workforce in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
The Finishing Trades Institute of the Great Lakes holds a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. With an overall score of 79%, the organization demonstrates strong practices in various areas, including governance and audits, achieving full points for its financial statements and oversight committees.
Strengths of the organization include a robust conflict of interest policy and effective whistleblower protections, both of which contribute to a transparent operational structure. Additionally, the organization has a favorable liabilities to assets ratio, showcasing its financial health and sustainability. The high program expense ratio reflects a commitment to ensuring that funds are directed towards their mission and activities.
While the rating is commendable, there is always room for improvement in any nonprofit organization. Continuous efforts to sustain and enhance governance practices will further strengthen the trust and support they receive from donors and stakeholders. Overall, the Finishing Trades Institute of the Great Lakes appears to be managing its resources effectively while focusing on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Finishing Trades Institute Of The Great Lakes legitimate?
Finishing Trades Institute Of The Great Lakes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finishing Trades Institute Of The Great Lakes 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: $2,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $296,471
For more financial information, click here
What is the mission statement of Finishing Trades Institute Of The Great Lakes?
The Finishing Trades Institute Of The Great Lakes is dedicated to providing apprentice training for members of the Painters Union District Council 1M. Their primary objective is to equip these union members with the necessary skills for the painting and drywall industries. The institution serves as a platform for these individuals to gain practical and theoretical knowledge, thereby enhancing their professional growth and contribution to their respective fields. The institute's mission aligns with the goal of upholding the standards of these industries and ensuring a skilled workforce for the future.
Who is the CEO of Finishing Trades Institute Of The Great Lakes?
Donna Pardonnet is the Secretary of Finishing Trades Institute Of The Great Lakes.
What is the revenue of Finishing Trades Institute Of The Great Lakes?
Finishing Trades Institute Of The Great Lakes's revenue in 2022 was $824,381.
Who are the executives of Finishing Trades Institute Of The Great Lakes and what are their salaries?
The average compensation at Finishing Trades Institute Of The Great Lakes during 2022 was $37,424. There are 8 employees at Finishing Trades Institute Of The Great Lakes.
Here are 14 key members and their salaries:
- Compensation: $1,915
- Related: $189,593
- Other: $0
- Compensation: $1,008
- Related: $99,773
- 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
- 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 Finishing Trades Institute Of The Great Lakes?
Finishing Trades Institute Of The Great Lakes's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Finishing Trades Institute Of The Great Lakes
The Finishing Trades Institute of the Great Lakes is committed to providing apprentice training for its members, specifically those affiliated with the Painters Union District Council 1M. This nonprofit organization's mission is centered around the development of skilled professionals in the painting and drywall industries. Through its apprentice training program, Finishing Trades Institute of the Great Lakes aims to equip its union members with the necessary skills and knowledge to excel in their respective fields, ultimately contributing to the growth and success of these industries.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Finishing Trades Institute Of The Great Lakes has a significant impact on the painting and drywall industries by providing apprentice training for members of the Painters Union District Council 1M. This training helps to enhance the skills and knowledge of union members, ultimately leading to increased employment opportunities within these trades. Through their mission of apprentice training, the institute contributes to the growth and development of the workforce in Southfield, MI, and beyond.
This information is meant to be a general summary of Finishing Trades Institute Of The Great Lakes. 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: $264
- Program Service Revenue: $823,976
- Gross Receipts: $824,381
Assets and Liabilities:
- Total Assets: $2,218,319
- Total Liabilities: $24,362
- Net Assets: $2,193,957
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTORS PREMIUMS
Revenue
$823,976
Organization Details
Founding Year
1954
Principal Officer
Donna Pardonnet
Main Address
26877 NORTHWESTERN HWY STE 100, SOUTHFIELD, MI, 48033
NTEE Category
Code: J40Z - Employment
If you are a representative of Finishing Trades Institute Of The Great Lakes and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.