Construction Laborers Education And Training Fund Of Mnesota & N Dkota

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

EIN: 411661947 ✦ Lino lakes, MN ✦ Designated as a 501(c)(9)

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Overview

What is Construction Laborers Education And Training Fund Of Mnesota & N Dkota?

Construction Laborers Education and Training Fund of Minnesota & North Dakota is a nonprofit organization situated at 2350 Main Street, Lino Lakes, Minnesota. Their primary mission is to establish, operate, and maintain a school and educational programs for unskilled workers and trainees in the construction industry and related occupations. This includes skill improvement, safety, and training. They also offer employee or instructor training, organizing courses, conferences, and educational meetings. The fund aims to provide eligible participants with education, training, and apprenticeship programs in the construction sector, contributing to the growth and development of the workforce. They currently employ 25 individuals.


Official website here: www.ltcmn.org

Is Construction Laborers Education And Training Fund Of Mnesota & N Dkota legitimate?

Construction Laborers Education And Training Fund Of Mnesota & N Dkota is a legitimate nonprofit organization registered as a 501(c)(9) entity. Construction Laborers Education And Training Fund Of Mnesota & N Dkota 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: $1,677,772

For more financial information, click here


Official website here: www.ltcmn.org

What is the mission statement of Construction Laborers Education And Training Fund Of Mnesota & N Dkota?

The Construction Laborers Education and Training Fund of Minnesota & North Dakota has a mission to provide eligible participants with education, training, and apprenticeship programs in the construction industry and related occupations. They establish and maintain a school and education and training programs for participants, focusing on skill improvement, safety, and training for unskilled workers and trainees. Additionally, they offer employee or instructor training in the construction industry and related occupations, providing courses of instruction, institutes, conferences, and educational meetings. All expenditures for the operation and maintenance of these schools or training programs are covered by the fund.


Official website here: www.ltcmn.org

Who is the CEO of Construction Laborers Education And Training Fund Of Mnesota & N Dkota?

Joe Fowler is the Trustee of Construction Laborers Education And Training Fund Of Mnesota & N Dkota.


Official website here: www.ltcmn.org

What is the revenue of Construction Laborers Education And Training Fund Of Mnesota & N Dkota?

Construction Laborers Education And Training Fund Of Mnesota & N Dkota's revenue in 2022 was $6,769,789.


Official website here: www.ltcmn.org

Who are the executives of Construction Laborers Education And Training Fund Of Mnesota & N Dkota and what are their salaries?

The average compensation at Construction Laborers Education And Training Fund Of Mnesota & N Dkota during 2022 was $67,111. There are 25 employees at Construction Laborers Education And Training Fund Of Mnesota & N Dkota.


Here are 13 key members and their salaries:


Stacey Karels (Trustee)
  • Compensation: $0
  • Related: $136,263
  • Other: $85,940
Joe Fowler (Chairman)
  • Compensation: $0
  • Related: $184,337
  • Other: $107,613
Chris Peltier (Trustee)
  • Compensation: $0
  • Related: $130,740
  • Other: $83,494
Shawn Braford (Trustee)
  • Compensation: $0
  • Related: $130,923
  • Other: $81,837
Fred Chase (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Fritz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bartz (Trustee-Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norm Everson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Kromroy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Olson (Trustee)
  • Compensation: $0
  • Related: $30,028
  • Other: $34,575
Martha Henrickson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Smith (Trustee)
  • Compensation: $0
  • Related: $186,858
  • Other: $108,941
Jerry Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ltcmn.org

Where can I find the form 990 for Construction Laborers Education And Training Fund Of Mnesota & N Dkota?

Construction Laborers Education And Training Fund Of Mnesota & N Dkota's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ltcmn.org

Learn more at the official website: www.ltcmn.org

Mission Statement of Construction Laborers Education And Training Fund Of Mnesota & N Dkota

Construction Laborers Education and Training Fund of MN & ND, as its mission statement suggests, is committed to providing eligible participants with education, training, and apprenticeship programs in the construction industry and related occupations. The primary objective of this fund is to establish, operate, and maintain a school and educational and training programs for participants, focusing on skill improvement, safety training, and instructor training in the construction industry and related occupations. This includes offering courses of instruction, institutes, conferences, and educational meetings to unskilled workers and trainees, aiming to equip them with necessary skills and knowledge to excel in their respective roles. Furthermore, the fund also invests in employee or instructor training to strengthen the workforce in the construction industry and related occupations, ensuring a skilled and competent workforce for the future.

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Impact




October, 2024

The Construction Laborers Education and Training Fund of Minnesota & North Dakota has a significant impact on the construction industry by providing essential education and training for workers. Its apprenticeship training programs focus on skill improvement, safety, and specialized training for unskilled workers and trainees.

By establishing and maintaining a dedicated school and training programs, the fund equips participants with the necessary skills to succeed in the construction sector. This includes not only foundational training but also ongoing education through various courses, institutes, and conferences tailored to enhance the competencies of workers and instructors alike.

The initiative fosters a safer and more skilled workforce, ultimately contributing to higher standards in the construction industry. It empowers eligible participants to build rewarding careers while addressing the industry's need for qualified labor, creating a mutual benefit for workers and employers in the region.




This information is meant to be a general summary of Construction Laborers Education And Training Fund Of Mnesota & N Dkota. 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
$6,769,789 (2022)
Expenses
$4,742,537 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $386,158
  • Program Service Revenue: $6,381,343
  • Gross Receipts: $6,769,789

Assets and Liabilities:

  • Total Assets: $33,363,262
  • Total Liabilities: $11,978,220
  • Net Assets: $21,385,042

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$6,318,856

TRAINING REIMBURSEMENT

Revenue

$50,900

GRANT REIMBURSEMENT

Revenue

$11,587

Organization Details

Founding Year

1989

Principal Officer

Joe Fowler

Main Address

2350 MAIN STREET, LINO LAKES, MN, 55038

NTEE Category

Code: Y40 - Mutual benefit

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