Overview
What is South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund?
The South Central Minn Elec Industry Joint Apprenticeship and Train Trust Fund is a nonprofit organization that serves the electrical contracting industry under the jurisdiction of International Brotherhood of Electrical Workers local union no. 343. Their primary objective is to offer comprehensive training opportunities for both apprentices and journeymen, aiming to enhance their skills in the field. Through education courses, they strive to equip individuals with the necessary skills to excel in their careers within the electrical sector.
Official website here: www.scmnjatc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
The South Central Minnesota Electrical Industry Joint Apprenticeship & Training Trust Fund has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With an overall score derived entirely from a single beacon focused on financial health, this nonprofit demonstrates a high level of transparency and governance.
The organization excels in several key areas, including having a majority of independent board members and effective financial oversight, which indicates a robust governance structure. Its program expense ratio of 85.38% shows that a significant portion of its resources is directed towards its training programs, underscoring its mission-driven focus.
Despite these strengths, the data does not highlight any specific limitations or challenges faced by the organization. Overall, the strong financial ratios and governance policies suggest that the South Central Minnesota Electrical Industry Joint Apprenticeship & Training Trust Fund is well-managed and dedicated to its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund legitimate?
South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Central Minn Elec Industry Joint Apprentshp & Train 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: $15,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $530,517
For more financial information, click here
Official website here: www.scmnjatc.org
What is the mission statement of South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund?
The South Central Minn Elec Industry Joint Apprenticeship & Train Trust Fund is committed to offering educational opportunities for individuals in the electrical contracting industry. Falling under the jurisdiction of International Brotherhood of Electrical Workers local union no. 343, the organization provides apprenticeships and training programs. Its mission is centered around enhancing the skills of both apprentices and journeymen through various courses, aiming to contribute to their professional growth within the electrical field.
Official website here: www.scmnjatc.org
Who is the CEO of South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund?
Kristin Causby is the Trustee of South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund.
Official website here: www.scmnjatc.org
What is the revenue of South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund?
South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund's revenue in 2022 was $1,078,051.
Official website here: www.scmnjatc.org
Who are the executives of South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund and what are their salaries?
The average compensation at South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund during 2022 was $60,655. There are 9 employees at South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund.
Here are 10 key members and their salaries:
- Compensation: $4,339
- Related: $0
- Other: $1,678
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,561
- Related: $0
- Other: $1,281
- Compensation: $2,715
- Related: $0
- Other: $1,032
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $111,147
- Related: $0
- Other: $41,909
- Compensation: $107,015
- Related: $0
- Other: $40,203
Official website here: www.scmnjatc.org
Where can I find the form 990 for South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund?
South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scmnjatc.org
Learn more at the official website: www.scmnjatc.org
Mission Statement of South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund
The South Central Minn Elec Industry Joint Apprenticeship & Train Trust Fund is committed to providing educational opportunities for individuals within the electrical contracting industry, under the jurisdiction of International Brotherhood of Electrical Workers local union no. 343. Their mission, in essence, is to empower both apprentices and journeymen in this field by offering comprehensive training courses to improve their skills and expertise. By doing so, the South Central Minn Elec Industry Joint Apprenticeship & Train Trust Fund aims to foster a workforce that is well-equipped to excel in the electrical industry.
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Impact
July, 2024
The impact of the South Central Minn Elec Industry Joint Apprentshp & Train Trust Fund is significant in the electrical contracting industry. By offering apprenticeships and training programs for individuals under the International Brotherhood of Electrical Workers local union no. 343, the organization plays a crucial role in enhancing the skills and knowledge of apprentices and journeymen in the field. This contributes to the professional development and growth of workers in the industry, ultimately leading to a more skilled and competent workforce. Through its education courses, the Trust Fund helps to prepare individuals for successful careers and advancement opportunities within the electrical contracting sector.
This information is meant to be a general summary of South Central Minn Elec Industry Joint Apprentshp & Train 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: $27,586
- Program Service Revenue: $1,032,044
- Gross Receipts: $1,078,051
Assets and Liabilities:
- Total Assets: $1,317,240
- Total Liabilities: $32,501
- Net Assets: $1,284,739
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$955,019
SALE OF BOOKS/SUPPLIES
Revenue
$72,981
JOURNEYMAN TRAINING CLASS FEES
Revenue
$3,044
MN GI BILL INCOME
Revenue
$1,000
Organization Details
Founding Year
1977
Phone
(507) 529-7721Principal Officer
Kristin Causby
Main Address
9 - 80TH STREET SE B, ROCHESTER, MN, 55904
Website
www.scmnjatc.orgNTEE Category
Code: J22Z - Employment
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