Overview
What is Minneapolis Electrical Joint Apprenticeship & Training Tr Fund?
The Minneapolis Electrical Joint Apprenticeship & Training TR Fund, situated in St. Michael, MN, functions as an employment or vocational training program. Its primary objective is to promote apprenticeship and training opportunities. This nonprofit organization is dedicated to fostering a learning environment that equips individuals with the necessary skills in the electrical sector, thereby contributing to their professional growth. While specific details about the extent of its reach or collaborations are not provided, the information implies that it is focused on offering apprenticeship and training within the electrical industry in the Minneapolis area.
Official website here: www.mplsjatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Minneapolis Electrical Joint Apprenticeship & Training Trust Fund has received a high rating of 96% from Charity Navigator, indicating strong accountability and financial health. This score reflects the organization's commitment to transparent governance, as evidenced by its 100% independent board members and robust financial oversight mechanisms. The charity has effectively demonstrated its dedication to ethical practices through established policies on conflict of interest and whistleblower protections.
One of the notable strengths of the organization is its financial management, with a low liabilities-to-assets ratio of 7.44% and a program expense ratio of 72.15%. These figures suggest that the charity is effectively utilizing its resources to support its programs, which is a positive indicator for potential donors and stakeholders. The presence of a well-structured audit and oversight committee further reinforces the organization's financial integrity.
While the data indicates a strong performance overall, the summary does not mention any specific limitations or areas for improvement. The charity's focus on maintaining high standards of accountability and service delivery positions it well in the nonprofit sector, making it a trustworthy option for contributors seeking to support vocational training initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Minneapolis Electrical Joint Apprenticeship & Training Tr Fund?
Three reviewers on Facebook have shared their experiences with the Minneapolis Electrical Joint Apprenticeship & Training Trust Fund. Their comments reflect a positive sentiment, particularly highlighting the quality of the apprenticeship program. One reviewer expressed gratitude for the "awesome teachers" they encountered during their four-year journey, indicating a strong support system within the organization.
Overall, the feedback suggests that participants appreciate the educational aspects of the program. Although the number of reviews is limited, the emphasis on the instructors and the effectiveness of the training indicates that the nonprofit is making a positive impact on the lives of its apprentices.
This AI summary has been generated from reviews found on Facebook.
Is Minneapolis Electrical Joint Apprenticeship & Training Tr Fund legitimate?
Minneapolis Electrical Joint Apprenticeship & Training Tr Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis Electrical Joint Apprenticeship & Training Tr 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: $1,542,524
For more financial information, click here
Official website here: www.mplsjatc.org
What is the mission statement of Minneapolis Electrical Joint Apprenticeship & Training Tr Fund?
The Minneapolis Electrical Joint Apprenticeship & Training Tr Fund is dedicated to providing apprenticeship and training opportunities. Their mission, in simple terms, is to operate an apprenticeship and training program. This initiative aims to equip individuals with the necessary skills for electrical work, enhancing their employment prospects in this field. The fund prioritizes the development of apprentices, contributing to the growth of skilled labor force in relevant industries. It's important to note that this summary is based solely on the provided information and does not include any additional context or details.
Official website here: www.mplsjatc.org
Who is the CEO of Minneapolis Electrical Joint Apprenticeship & Training Tr Fund?
Jeffrey Heimerl is the Trustee of Minneapolis Electrical Joint Apprenticeship & Training Tr Fund.
Official website here: www.mplsjatc.org
What is the revenue of Minneapolis Electrical Joint Apprenticeship & Training Tr Fund?
Minneapolis Electrical Joint Apprenticeship & Training Tr Fund's revenue in 2022 was $3,993,532.
Official website here: www.mplsjatc.org
Who are the executives of Minneapolis Electrical Joint Apprenticeship & Training Tr Fund and what are their salaries?
The average compensation at Minneapolis Electrical Joint Apprenticeship & Training Tr Fund during 2022 was $53,190. There are 29 employees at Minneapolis Electrical Joint Apprenticeship & Training Tr Fund.
Here are 14 key members and their salaries:
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- Compensation: $135,616
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- Other: $50,138
- Compensation: $125,826
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- Other: $53,478
- Compensation: $146,921
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- Other: $52,046
- Compensation: $142,334
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- Other: $53,275
- Compensation: $121,735
- Related: $0
- Other: $51,885
Official website here: www.mplsjatc.org
Where can I find the form 990 for Minneapolis Electrical Joint Apprenticeship & Training Tr Fund?
Minneapolis Electrical Joint Apprenticeship & Training Tr Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mplsjatc.org
Learn more at the official website: www.mplsjatc.org
Mission Statement of Minneapolis Electrical Joint Apprenticeship & Training Tr Fund
The Minneapolis Electrical Joint Apprenticeship & Training Tr Fund is committed to providing employment and job training opportunities through an Apprenticeship and Training Fund. This nonprofit organization's mission is to equip individuals with the necessary skills and knowledge in the electrical field, fostering a pathway to successful careers. By offering apprenticeship training, the Minneapolis Electrical Joint Apprenticeship & Training Tr Fund empowers individuals to acquire practical experience and theoretical knowledge, ultimately preparing them for sustainable careers in the electrical industry.
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Impact
July, 2024
The Minneapolis Electrical Joint Apprenticeship & Training Tr Fund provides crucial skills and job training opportunities in the field of electrical work. By offering apprenticeships and training programs, the organization equips individuals with the knowledge and experience needed to succeed in this specialized industry. Through its initiatives, the fund not only helps individuals advance their careers but also contributes to the overall workforce development of the community. This impact is vital in addressing the demand for skilled workers in the electrical field and in promoting economic growth in the region.
This information is meant to be a general summary of Minneapolis Electrical Joint Apprenticeship & Training Tr 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: $2,172
- Program Service Revenue: $3,971,176
- Gross Receipts: $3,993,532
Assets and Liabilities:
- Total Assets: $7,123,310
- Total Liabilities: $469,197
- Net Assets: $6,654,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,168,327
STUDENT STIPENDS
Revenue
$696,429
CONTINUING EDUCATION
Revenue
$75,245
APPLICATION FEES
Revenue
$24,175
MINNESOTA GI BILL PROG
Revenue
$7,000
Organization Details
Founding Year
1968
Phone
(763) 497-0072Principal Officer
Jeffrey Heimerl
Main Address
13100 FRANKFORT PARKWAY, ST MICHAEL, MN, 55376
Website
www.mplsjatc.orgNTEE Category
Code: J22 - Employment
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