Overview
What is Twin City Floor Covering Industry Fringe Benefit Trust Fund?
Twin City Floor Covering Industry Fringe Benefit Trust Fund is a nonprofit organization situated in Bloomington, Minnesota. With a small team of two employees, their primary mission is to offer an apprenticeship program to eligible members in the floor covering industry. This program aims to provide practical training and education, equipping members with the necessary skills to excel in their respective fields. The Trust Fund does not disclose further details about its operations, funding sources, or other services it may provide.
Is Twin City Floor Covering Industry Fringe Benefit Trust Fund legitimate?
Twin City Floor Covering Industry Fringe Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Twin City Floor Covering Industry Fringe Benefit Trust 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: $189,916
For more financial information, click here
What is the mission statement of Twin City Floor Covering Industry Fringe Benefit Trust Fund?
The Twin City Floor Covering Industry Fringe Benefit Trust Fund is dedicated to providing an apprenticeship program for its eligible members. This mission is carried out by offering a comprehensive training program to approximately 95 individuals, aiming to equip them with necessary skills and knowledge in the floor covering industry. The goal is to foster the professional development of its members, thereby contributing to their career growth and success within the industry.
Who is the CEO of Twin City Floor Covering Industry Fringe Benefit Trust Fund?
Rick Battis is the Employer Trustee/Chairman of Twin City Floor Covering Industry Fringe Benefit Trust Fund.
What is the revenue of Twin City Floor Covering Industry Fringe Benefit Trust Fund?
Twin City Floor Covering Industry Fringe Benefit Trust Fund's revenue in 2022 was $614,154.
Who are the executives of Twin City Floor Covering Industry Fringe Benefit Trust Fund and what are their salaries?
The average compensation at Twin City Floor Covering Industry Fringe Benefit Trust Fund during 2022 was $94,958. There are 2 employees and 6 volunteers at Twin City Floor Covering Industry Fringe Benefit Trust Fund.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $306,303
- Other: $136,436
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $125,787
- Other: $76,775
- Compensation: $0
- Related: $125,787
- Other: $67,930
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $158,565
- Other: $90,367
- Compensation: $0
- Related: $161,065
- Other: $90,992
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $101,057
- Related: $0
- Other: $17,690
Where can I find the form 990 for Twin City Floor Covering Industry Fringe Benefit Trust Fund?
Twin City Floor Covering Industry Fringe Benefit Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Twin City Floor Covering Industry Fringe Benefit Trust Fund
Twin City Floor Covering Industry Fringe Benefit Trust Fund is an organization that focuses on providing an apprenticeship program for its eligible members. This nonprofit's mission is centered around offering a comprehensive training program, aimed at equipping its members with the necessary skills in their respective field. Through this apprenticeship, approximately 95 individuals have the opportunity to gain practical experience and theoretical knowledge, thereby enhancing their professional growth. The program serves as a stepping stone for these members, providing them with a solid foundation to build their careers in the floor covering industry.
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Impact
October, 2024
The Twin City Floor Covering Industry Fringe Benefit Trust Fund significantly impacts the local workforce by offering an apprenticeship program to approximately 95 eligible members. This program equips individuals with essential skills and knowledge in the floor covering industry, enhancing their employability and professional growth. By fostering a well-trained workforce, the trust fund contributes to the overall economic development of the Bloomington area and supports the sustainability of the industry. The emphasis on apprenticeship also promotes mutual benefit among industry members, ensuring a continuous supply of qualified workers to meet market demands.
This information is meant to be a general summary of Twin City Floor Covering Industry Fringe Benefit Trust 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: $299
- Program Service Revenue: $613,855
- Gross Receipts: $614,154
Assets and Liabilities:
- Total Assets: $964,244
- Total Liabilities: $29,199
- Net Assets: $935,045
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$613,855
Organization Details
Founding Year
1954
Phone
(952) 854-0795Principal Officer
Rick Battis
Main Address
3001 METRO DRIVE 500, BLOOMINGTON, MN, 55425
NTEE Category
Code: Y40 - Mutual benefit
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