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Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund

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

EIN: 411515215 ✦ White bear lake, MN ✦ Designated as a 501(c)(3)

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Overview

What is Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund?

The Metropolitan Sheet Metal Journeyman and Apprentice Training Trust Fund is a nonprofit organization situated in White Bear Lake, Minnesota. Their primary mission is to develop and oversee an apprenticeship program, ensuring the education and training of apprentices in the sheet metal workers profession. This includes establishing eligibility criteria, registration procedures, educational standards, wage structures, working hours, and conditions for these apprentices. The Trust Fund's activities are geared towards providing comprehensive training programs for journey-level sheet metal workers, as well as supporting apprentices and other professionals in this field. As of the provided information, the organization has a workforce of 25 individuals.


Official website here: www.smw10.org/training.htm

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score is primarily derived from a perfect accountability and finance score of 96%, indicating that the organization operates with a high level of transparency and financial health.

The organization demonstrates robust governance with a board that is composed entirely of independent members, ensuring impartiality in decision-making. Metrics such as a 93.65% program expense ratio highlight its commitment to effectively utilizing resources for its training programs. Furthermore, the organization has established sound policies regarding conflict of interest, whistleblower protocols, and asset management, which further contribute to its strong rating.

Overall, the Trust Fund appears to be well-managed with no reported issues regarding the diversion of assets, showcasing a commendable level of integrity in its operations. As with any nonprofit, ongoing transparency and adherence to its mission will be vital for maintaining this high rating and trust from supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund legitimate?

Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Sheet Metal Journeyman And Apprentice Training 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: $1,401
Professional Fundraising Fees: $0
Other Salaries and Wages: $655,386

For more financial information, click here


Official website here: www.smw10.org/training.htm

What is the mission statement of Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund?

The Metropolitan Sheet Metal Journeyman and Apprentice Training Trust Fund is committed to providing training for journeymen, apprentices, and other individuals working in the sheet metal workers profession. This is achieved by formulating an apprenticeship program that includes all necessary rules and regulations governing the eligibility, registration, education, transfer, wages, hours, and working conditions of apprentices. The goal is to equip these individuals with the necessary skills and knowledge to excel in their field. The trust fund is dedicated to fostering growth and development in the sheet metal industry by offering comprehensive training programs.


Official website here: www.smw10.org/training.htm

Who is the CEO of Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund?

Matthew Fairbanks is the Secretary of Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund.


Official website here: www.smw10.org/training.htm

What is the revenue of Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund?

Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund's revenue in 2022 was $1,899,247.


Official website here: www.smw10.org/training.htm

Who are the executives of Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund and what are their salaries?

The average compensation at Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund during 2022 was $26,271. There are 25 employees at Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund.


Here are 14 key members and their salaries:


John Quarnstrom (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Kath (Trustee)
  • Compensation: $1,401
  • Related: $0
  • Other: $0
Matthew Fairbanks (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Chase (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Parsons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcgrath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Olson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Vogel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Gibbons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Damman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Albers (Trustee - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Nelson (Training Coordinator)
  • Compensation: $110,589
  • Related: $0
  • Other: $79,187
Donaven Chase (Instructor)
  • Compensation: $112,158
  • Related: $0
  • Other: $85,846
Richard Ventrelli (Instructor)
  • Compensation: $107,733
  • Related: $0
  • Other: $82,764


Official website here: www.smw10.org/training.htm

Where can I find the form 990 for Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund?

Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.smw10.org/training.htm

Learn more at the official website: www.smw10.org/training.htm

Mission Statement of Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund

Metropolitan Sheet Metal Journeyman and Apprentice Training Trust Fund is committed to providing training programs for individuals working in the sheet metal workers profession. Its mission is twofold: firstly, it aims to formulate an apprenticeship program that ensures the education and development of apprentices. This includes establishing the necessary regulations governing their eligibility, registration, education, transfer, wages, hours, and working conditions. Secondly, the Trust Fund is dedicated to educating and training journeymen, apprentices, and other professionals in the sheet metal industry, contributing to their career growth and development. By offering a comprehensive apprenticeship program, Metropolitan Sheet Metal Journeyman and Apprentice Training Trust Fund plays a significant role in equipping the next generation of skilled sheet metal workers.

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Impact




July, 2024

Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund has a significant impact on the sheet metal workers profession by providing comprehensive training programs for apprentices and journeymen. The trust fund's commitment to formulating apprenticeship programs ensures that individuals receive the necessary education and skills to succeed in this specialized field. Through their focus on eligibility, education, wages, and working conditions, the trust fund plays a vital role in shaping the next generation of sheet metal workers. Their dedication to training and education in the industry helps to maintain high standards of professionalism and expertise among workers, ultimately benefiting both the individuals involved and the overall quality of work in the profession.




This information is meant to be a general summary of Metropolitan Sheet Metal Journeyman And Apprentice Training 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.

Revenue
$1,899,247 (2022)
Expenses
$1,693,238 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,507
  • Program Service Revenue: $1,873,409
  • Gross Receipts: $2,175,038

Assets and Liabilities:

  • Total Assets: $6,518,542
  • Total Liabilities: $1,005,649
  • Net Assets: $5,512,893

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,627,994

TUITION RECEIVED

Revenue

$112,181

TRAINING REIMBURSEMENT

Revenue

$95,122

SALE OF SUPPLIES

Revenue

$25,296

ABSENCE ASSESSMENT

Revenue

$9,800

Organization Details

Founding Year

1995

Principal Officer

Matthew Fairbanks

Main Address

3554 WHITE BEAR AVENUE NORTH, WHITE BEAR LAKE, MN, 55110

NTEE Category

Code: B60B - Education

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