Overview
What is Madison Area Sheet Metal Workers Educational Trust?
The Madison Area Sheet Metal Workers Educational Trust is a nonprofit organization situated in Waukesha, Wisconsin. With a team of 12 dedicated individuals, their primary mission is to offer educational programs and training for apprentices and journey-level sheet metal workers in the Madison area and its surroundings. They strive to enhance the skills and knowledge of these professionals within the sheet metal industry, thereby contributing to its growth and development.
Official website here: www.madisonsmjatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
The Madison Area Sheet Metal Workers Educational Trust has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 93% in this category and has demonstrated solid governance practices, with an independent board that fully meets the criteria for size and majority independence.
Notably, the trust has implemented rigorous oversight measures, including a fully audited financial statement and various policies regarding conflict of interest and whistleblower protections. Its financial health is further indicated by a high program expense ratio of 87.78%, showing a significant commitment to its charitable mission.
However, while the organization performs well overall, its liabilities to assets ratio stands at 54.16%, which may warrant monitoring. Despite this, the trust's policies and practices contribute to a transparent and responsible operational framework, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Area Sheet Metal Workers Educational Trust legitimate?
Madison Area Sheet Metal Workers Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Area Sheet Metal Workers Educational Trust 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: $17,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $305,364
For more financial information, click here
Official website here: www.madisonsmjatc.org
What is the mission statement of Madison Area Sheet Metal Workers Educational Trust?
The Madison Area Sheet Metal Workers Educational Trust is dedicated to offering educational programs and training for apprentices and journeyworkers in the sheet metal work field. Their mission involves providing an educational environment that fosters the growth and development of these individuals, thereby enhancing their skills and career prospects in the industry. The Trust focuses on delivering comprehensive educational programs that cater to the needs of both apprentices and journeyworkers, enabling them to excel in their respective roles. Through these programs, the Trust aims to contribute to the overall strength and proficiency of the sheet metal workforce, benefiting both the individuals and the industry as a whole.
Official website here: www.madisonsmjatc.org
What is the revenue of Madison Area Sheet Metal Workers Educational Trust?
Madison Area Sheet Metal Workers Educational Trust's revenue in 2023 was $1,307,649.
Official website here: www.madisonsmjatc.org
Who are the executives of Madison Area Sheet Metal Workers Educational Trust and what are their salaries?
The average compensation at Madison Area Sheet Metal Workers Educational Trust during 2023 was $24,846. There are 13 employees and 3 volunteers at Madison Area Sheet Metal Workers Educational Trust.
Here are 6 key members and their salaries:
- Compensation: $17,634
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $110,117
- Related: $0
- Other: $62,508
- Compensation: $102,152
- Related: $0
- Other: $62,508
Official website here: www.madisonsmjatc.org
Where can I find the form 990 for Madison Area Sheet Metal Workers Educational Trust?
Madison Area Sheet Metal Workers Educational Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.madisonsmjatc.org
Learn more at the official website: www.madisonsmjatc.org
Mission Statement of Madison Area Sheet Metal Workers Educational Trust
Madison Area Sheet Metal Workers Educational Trust is dedicated to providing educational programs and training for apprentices and journeymen in the field of sheet metal work. The trust's mission is to equip these individuals with the necessary skills and knowledge to excel in their respective careers. Through its educational programs, the trust aims to foster a strong workforce in the sheet metal industry, ensuring that it remains competitive and innovative. The trust's commitment to education and training is evident in its activities during the year, where it provides opportunities for apprentices and journeymen to hone their skills and advance their careers.
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Impact
July, 2024
Madison Area Sheet Metal Workers Educational Trust's impact can be seen in the opportunities it provides for apprentices and journeymen in Madison and the surrounding area to access educational programs and training in the field of sheet metal work. By offering these resources, the trust plays a crucial role in enhancing the skills and knowledge of individuals in the industry, ultimately helping to support employment within this sector. This targeted approach contributes to the growth and development of the workforce in Madison, WI, and the surrounding region.
This information is meant to be a general summary of Madison Area Sheet Metal Workers Educational Trust. 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 2023.
- Investment Income: $1,225
- Program Service Revenue: $1,242,149
- Gross Receipts: $1,319,763
Assets and Liabilities:
- Total Assets: $3,379,495
- Total Liabilities: $1,963,900
- Net Assets: $1,415,595
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL FUND CONTR
Revenue
$1,155,530
TUITION
Revenue
$86,619
Organization Details
Founding Year
1981
Principal Officer
Scott Bartz
Website
www.madisonsmjatc.orgNTEE Category
Code: J22 - Employment
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