Overview
What is Sheet Metal Workers Local 18 El & W Local Training Fund?
Sheet Metal Workers Local 18 El & W Local Training Fund is a nonprofit organization situated in Waukesha, Wisconsin, with a focus on providing educational and training programs for individuals involved in the sheet metal trade or related occupations. Their mission is to foster excellence in both academic knowledge and practical skills, aiming to prepare each apprentice to become a successful sheet metal journeyman upon completion of their training program. The organization operates with a team of five dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Sheet Metal Workers Local 18 El & W Local Training Fund has received a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and finance management. This rating is particularly significant as it indicates the organization’s commitment to transparency and effective use of funds, with a score based entirely on Accountability & Finance metrics.
One of the key strengths highlighted in the evaluation is the governance structure, featuring a majority independent board, which ensures unbiased decision-making. The organization has also implemented robust policies, such as a conflict of interest policy and a whistleblower policy, contributing to its strong accountability standards. Additionally, the financial health of the organization is solid, with a low liabilities-to-assets ratio and a significant portion of expenses directed towards programs.
However, while the program expense ratio is commendable, indicating that a substantial percentage of financial resources are allocated to its mission, it slightly fell short of the maximum score in this area. Overall, the organization demonstrates a strong commitment to ethical management and financial responsibility, positioning itself as a trustworthy entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Workers Local 18 El & W Local Training Fund legitimate?
Sheet Metal Workers Local 18 El & W Local Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Workers Local 18 El & W Local 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: $146,484
For more financial information, click here
What is the mission statement of Sheet Metal Workers Local 18 El & W Local Training Fund?
The Sheet Metal Workers Local 18 El & W Local Training Fund is dedicated to the pursuit of excellence in both academic knowledge and practical skills for apprentices. Their mission is to equip each apprentice with the necessary skills to become a successful sheet metal journeyman upon completion of their training. They achieve this by offering educational and training programs in the sheet metal trade or craft and related occupations to their members. This comprehensive approach aims to ensure that the individuals in this field are well-equipped to excel in their chosen profession.
Who is the CEO of Sheet Metal Workers Local 18 El & W Local Training Fund?
Craig Wagner is the Co-Chairman of Sheet Metal Workers Local 18 El & W Local Training Fund.
What is the revenue of Sheet Metal Workers Local 18 El & W Local Training Fund?
Sheet Metal Workers Local 18 El & W Local Training Fund's revenue in 2022 was $530,608.
Who are the executives of Sheet Metal Workers Local 18 El & W Local Training Fund and what are their salaries?
The average compensation at Sheet Metal Workers Local 18 El & W Local Training Fund during 2022 was $29,297. There are 5 employees and 5 volunteers at Sheet Metal Workers Local 18 El & W Local Training Fund.
Here are 6 key members and their salaries:
- Compensation: $1,591
- 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 Sheet Metal Workers Local 18 El & W Local Training Fund?
Sheet Metal Workers Local 18 El & W Local Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers Local 18 El & W Local Training Fund
Sheet Metal Workers Local 18 El & W Local Training Fund is committed to achieving excellence in both academic knowledge and practical skills for its apprentices. The ultimate goal is to equip each apprentice with the necessary competencies to become a successful sheet metal journeyman. This nonprofit organization offers educational and training programs specifically tailored to the sheet metal trade or craft and related occupations, aiming to provide its members with the tools they need to excel in their careers.
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Impact
July, 2024
Sheet Metal Workers Local 18 El & W Local Training Fund has a significant impact on the sheet metal industry in Waukesha, WI. By providing educational and training programs to its members, the fund helps individuals develop the knowledge and skills necessary to excel in the sheet metal trade. This not only benefits the apprentices who participate in the programs but also contributes to the overall quality and professionalism of the sheet metal workforce in the region. Ultimately, the impact of Sheet Metal Workers Local 18 El & W Local Training Fund can be seen in the successful careers and job opportunities it helps create for its members.
This information is meant to be a general summary of Sheet Metal Workers Local 18 El & W Local 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: -$334
- Program Service Revenue: $513,515
- Gross Receipts: $531,343
Assets and Liabilities:
- Total Assets: $821,274
- Total Liabilities: $26,359
- Net Assets: $794,915
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$495,215
TUITION AND FEES
Revenue
$18,300
Organization Details
Founding Year
1984
Phone
(715) 498-1615Principal Officer
Craig Wagner
Main Address
2201 SPRINGDALE ROAD, WAUKESHA, WI, 53186
NTEE Category
Code: J22 - Employment
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