Overview
What is Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program?
Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program is a nonprofit organization committed to offering Apprenticeship and Training opportunities. Their primary objective is to establish a trust fund for the recruitment, apprenticeship, and training of operating engineers. Additionally, they provide retraining or refresher training for employees of the employers under agreements. This program aims to empower and upskill individuals within the industry, contributing to their professional growth and development.
Official website here: www.local49training.org
What are the reviews and ratings of this charity?
Charity Navigator gives the Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program a robust Four-Star out of Four Star rating with an impressive score of 96%. This high score reflects exceptional accountability and financial management practices, with the organization holding a perfect 100% in this category. Key indicators of success include an independent board of directors and sound oversight practices that ensure proper use of funds.
The organization demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 81.56%, indicating that the majority of its funding is allocated directly to its programs. Additionally, policies regarding conflict of interest and whistleblower protection are well-established, showcasing effective governance practices. However, certain areas such as impact measurement and organizational culture have not been scored, which could offer further insight into the nonprofit’s overall effectiveness.
User reviews from GreatNonprofits could not be fetched, leaving a gap in community feedback to assess public sentiment. Overall, the nonprofit appears to be well-managed and financially responsible, focusing on delivering training and apprenticeship opportunities for individuals in the construction industry.
This AI summary has been generated from information found on Charity Navigator.
Is Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program legitimate?
Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program 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: $2,549,282
For more financial information, click here
Official website here: www.local49training.org
What is the mission statement of Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program?
The Iuoe & Assoc General Contractors of MN Apprenticeship & Training Program is committed to its mission of offering Apprenticeship and Training opportunities. The program has established a trust fund to support the recruitment, Apprenticeship, and retraining or refresher Training for operating engineers, ensuring that those employed by the participating employers benefit from these resources under the agreed terms.
Official website here: www.local49training.org
Who is the CEO of Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program?
Jason George is the Chairman of Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program.
Official website here: www.local49training.org
What is the revenue of Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program?
Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program's revenue in 2022 was $8,702,467.
Official website here: www.local49training.org
Who are the executives of Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program and what are their salaries?
The average compensation at Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program during 2022 was $46,351. There are 55 employees at Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program.
Here are 19 key members and their salaries:
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- Compensation: $108,966
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- Other: $61,469
Official website here: www.local49training.org
Where can I find the form 990 for Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program?
Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.local49training.org
Learn more at the official website: www.local49training.org
Mission Statement of Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program
Iuoe & Associates General Contractors of MN Apprenticeship & Training Program is dedicated to its mission of offering apprenticeship and training opportunities for operating engineers. The organization has established a trust fund specifically designed to fund various aspects related to recruiting, apprenticeship, and retraining or refresher training for individuals employed by employers under agreement. By doing so, it aims to equip and empower operating engineers with the necessary skills and knowledge to excel in their respective fields. The program's goal is to contribute to the continuous improvement and development of the workforce in the industry.
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Impact
July, 2024
The impact of IUOE & Assoc General Contractors of MN Apprenticeship & Training Program is significant in providing crucial skills and training to individuals seeking to become operating engineers. By offering apprenticeships and training opportunities, the program plays a vital role in addressing the skills gap in the construction industry and ensuring a steady supply of qualified workers. This enables individuals to gain valuable experience and expertise, ultimately leading to increased employment opportunities and economic stability for both the workforce and the industry as a whole.
This information is meant to be a general summary of Iuoe & Assoc General Contractors Of Mn Apprenticeship & Training Program. 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: $225,316
- Program Service Revenue: $8,368,361
- Gross Receipts: $8,778,599
Assets and Liabilities:
- Total Assets: $26,199,271
- Total Liabilities: $274,030
- Net Assets: $25,925,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,230,685
TRAINING FEES
Revenue
$132,400
LIQUIDATED DAMAGES
Revenue
$5,276
Organization Details
Founding Year
1978
Phone
(320) 384-7093Principal Officer
Jason George
Main Address
40276 FISHTAIL ROAD, HINCKLEY, MN, 55037
Website
www.local49training.orgNTEE Category
Code: J22Z - Employment
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