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
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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $647,375
For more financial information, click here
Official website here: www.smw10.org
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
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 2024 was $2,150,632.
Official website here: www.smw10.org
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 2024 was $28,147. There are 23 employees and 10 volunteers at Metropolitan Sheet Metal Journeyman And Apprentice Training Trust Fund.
Here are 13 key members and their salaries:
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- Compensation: $121,470
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- Compensation: $120,129
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- Other: $63,453
- Compensation: $116,076
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- Other: $61,349
Official website here: www.smw10.org
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 2024 and can be accessed here.
Official website here: www.smw10.org
Learn more at the official website: www.smw10.org
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $76,635
- Program Service Revenue: $2,044,049
- Gross Receipts: $3,723,160
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
$1,589,075
GRANTS AND REIMBURSEMENTS
Revenue
$393,768
TUITIONS FORTFEITURES
Revenue
$37,212
SALES OF SUPPLIES
Revenue
$16,149
ABSENCE ASSESMENTS
Revenue
$4,845
Organization Details
Founding Year
1995
Principal Officer
Matthew Fairbanks
Website
www.smw10.orgNTEE Category
Code: B60B - Education
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