Sheetmetal Local 10 Training Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411472350 ✦ Rochester, MN ✦ Designated as a 501(c)(5)

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Overview

What is Sheetmetal Local 10 Training Fund?

Sheetmetal Local 10 Training Fund is a nonprofit organization located at 7240 DRESSER DRIVE NE, ROCHESTER, MN, 55906. Their primary mission is to provide education and work experience through a training program for apprentices and journeymen in the current year. This program aims to equip and develop skilled individuals within the sheetmetal industry. With a team of 11 employees, the Sheetmetal Local 10 Training Fund is dedicated to fostering professional growth and advancing the career prospects of its participants.

Is Sheetmetal Local 10 Training Fund legitimate?

Sheetmetal Local 10 Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheetmetal Local 10 Training 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: $102,226

For more financial information, click here

What is the mission statement of Sheetmetal Local 10 Training Fund?

The Sheetmetal Local 10 Training Fund is dedicated to providing education and practical work experience for apprentices and journeymen in their current training program. This is achieved through a structured training program designed specifically for these individuals. The primary objective of the fund is to equip them with the necessary skills and knowledge to excel in their respective fields. The training program aims to bridge the gap between theoretical learning and practical application, thereby enhancing the trainees' overall competence.

What is the revenue of Sheetmetal Local 10 Training Fund?

Sheetmetal Local 10 Training Fund's revenue in 2024 was $377,129.

Who are the executives of Sheetmetal Local 10 Training Fund and what are their salaries?

The average compensation at Sheetmetal Local 10 Training Fund during 2024 was $7,864. There are 13 employees at Sheetmetal Local 10 Training Fund.

Here are 9 key members and their salaries:


Aaron Myhre (Business Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Damman (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Erding (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Vitse (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxanne Stewart (Mgmt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Parsons (Mgmt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Plachecki (Mgmt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Fairbanks (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Bestor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sheetmetal Local 10 Training Fund?

Sheetmetal Local 10 Training Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Sheetmetal Local 10 Training Fund

Sheetmetal Local 10 Training Fund is committed to providing education and work experience for apprentices and journeymen in their current training program through a structured program. Their mission is to equip these individuals with the necessary skills and practical experience, ensuring they are well-equipped for their respective roles in the sheetmetal industry. By offering comprehensive training, the fund aims to contribute to the continuous development of the workforce, fostering a skilled and capable generation in the field.

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Impact




October, 2024

The Sheetmetal Local 10 Training Fund significantly impacts the local workforce by providing comprehensive education and work experience for apprentices and journeymen in the Rochester, MN area. Through its training program, participants gain essential skills and hands-on experience that prepare them for successful careers in the sheet metal industry. This initiative not only enhances the qualifications of individuals but also strengthens the local economy by ensuring a skilled workforce that meets industry demands. By focusing on both education and practical training, the fund plays a crucial role in developing the next generation of skilled tradespeople, contributing to employment growth and stability in the region.




This information is meant to be a general summary of Sheetmetal Local 10 Training 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.

Revenue
$377,129 (2024)
Expenses
$325,427 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,767
  • Program Service Revenue: $372,362
  • Gross Receipts: $377,129

Assets and Liabilities:

  • Total Assets: $1,887,216
  • Total Liabilities: $1,039,189
  • Net Assets: $848,027

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRIBUTIONS UNIONS

Revenue

$368,067

TUITION FROM STUDENTS

Revenue

$4,295

Organization Details

Founding Year

1940

Principal Officer

Aaron Myhre

NTEE Category

Code: J40 - Employment

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