Overview
What is Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd?
Iron Workers Local Union 8 Joint Apprenticeship & Training Fund is a nonprofit organization located at 12034 West Adler Lane, Milwaukee, Wisconsin, 53214. Their primary focus is on the training and retraining of apprentices and journey-level iron workers. With a workforce of 22 individuals, they are dedicated to enhancing the skills and competencies of iron workers in the field. Their mission is centered around providing comprehensive education and development opportunities for both new and experienced iron workers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 67%)
Iron Workers Local Union 8 Joint Apprenticeship and Advancement Journey Training Trust Fund has received a two-star rating from Charity Navigator, indicating a need for improvement in various governance and transparency aspects. The organization holds a score of 67%, reflecting some strengths in financial oversight, including a perfect score for its audit and oversight committee and no material diversion of assets.
Despite these positive financial indicators, the organization faces significant challenges in governance. It has a 0% score for independent board members and lacks essential policies such as conflict of interest, whistleblower, and document retention policies. Additionally, key documentation, including the tax form on its website and other transparency measures, are missing, which raises concerns about accountability and ethical governance practices.
On a positive note, the organization demonstrates a solid program expense ratio of 75.97%, indicating that a significant portion of its funding is directed toward its programs. However, the lack of independent oversight and transparency measures could hinder trust and support from potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd legitimate?
Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd 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: $194,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,105
For more financial information, click here
What is the mission statement of Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd?
The mission of Iron Workers Local Union 8 Joint Apprenticeship and Advanced Journeyman Training Fund is centered around the training and retraining of apprentices and journeyworkers in the iron working field. Their objective is to equip these individuals with the necessary skills and knowledge to excel in their profession, ensuring continuous growth and development within the industry. This organization plays a significant role in fostering a skilled workforce, contributing to the overall success of the iron working sector.
Who is the CEO of Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd?
Charlie Falkner is the Employer Trustee of Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd.
What is the revenue of Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd?
Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd's revenue in 2022 was $1,448,530.
Who are the executives of Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd and what are their salaries?
The average compensation at Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd during 2022 was $17,812. There are 22 employees at Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd.
Here are 11 key members and their salaries:
- Compensation: $2,612
- Related: $0
- Other: $0
- Compensation: $240
- Related: $0
- Other: $0
- Compensation: $240
- Related: $0
- Other: $0
- Compensation: $220
- Related: $0
- Other: $0
- Compensation: $160
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $180
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $160
- Related: $0
- Other: $0
- Compensation: $220
- Related: $0
- Other: $0
- Compensation: $116,633
- Related: $0
- Other: $73,683
Where can I find the form 990 for Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd?
Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd
Iron Workers Local Union 8 Joint Apprenticeship and Training Fund is dedicated to the training and retraining of apprentices and journeyworkers in the iron working industry. Their mission is centered around providing these individuals with the necessary skills and knowledge to excel in their respective roles. This union aim to continue equipping these workers with the latest techniques and safety procedures, ensuring they remain competitive and up-to-date in the ever-evolving construction industry. By investing in their members' education and development, Iron Workers Local Union 8 Joint Apprenticeship and Training Fund contributes to the overall growth and success of the iron working sector.
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Impact
July, 2024
The Iron Workers Local Union 8 Joint Apprenticeship and Advanced Journeyman Training Trust Fund's impact is centered around training and retraining apprentices and journeyman iron workers in Milwaukee, WI. Through their programs, they strive to equip individuals with the necessary skills and knowledge to excel in their trade, ultimately leading to increased employment opportunities and career advancement for participants. This training initiative directly contributes to building a skilled workforce in the ironworking industry and supports the livelihoods of workers in the region.
This information is meant to be a general summary of Iron Workers Local Union 8 Joint Apprntcshp&Adv Jrnymn Trng Tr Fd. 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: $6,375
- Program Service Revenue: $1,413,485
- Gross Receipts: $1,448,530
Assets and Liabilities:
- Total Assets: $2,616,825
- Total Liabilities: $5,482
- Net Assets: $2,611,343
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,413,485
Organization Details
Founding Year
1972
Phone
(414) 476-9372Principal Officer
Charlie Falkner
Main Address
12034 WEST ADLER LANE, MILWAUKEE, WI, 53214
NTEE Category
Code: J22 - Employment
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