Overview
What is Carpenters Joint Apprenticeship & Training Program Building Corporation?
The Carpenters Joint Apprenticeship & Training Program Building Corporation is a nonprofit entity established for a specific purpose. It primarily holds the title to property and collects income generated from it. The Corporation then remits the income, after deducting expenses, to an organization that is exempt from federal income taxation. This organization utilizes the collected funds for the Carpenters and Joiners Apprenticeship and Journeymen Training fund, providing facilities for their programs. The Building Corporation serves as a vital financial intermediary, supporting the educational and training initiatives for carpenters and joiners.
Is Carpenters Joint Apprenticeship & Training Program Building Corporation legitimate?
Carpenters Joint Apprenticeship & Training Program Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Carpenters Joint Apprenticeship & Training Program Building Corporation 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.
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What is the mission statement of Carpenters Joint Apprenticeship & Training Program Building Corporation?
The Carpenters Joint Apprenticeship & Training Program Building Corporation is established with the primary objective of managing property and generating income. The corporation's main purpose is to hand over the income, after deducting expenses, to an organization that is exempt from federal income taxation. This income is then utilized to provide facilities for the Carpenters and Joiners Apprenticeship and Journeymen Training Fund. The corporation's role is purely financial, serving to support the training program for carpenters and joiners.
Who is the CEO of Carpenters Joint Apprenticeship & Training Program Building Corporation?
Tom Dykhoff is the Chairman of Carpenters Joint Apprenticeship & Training Program Building Corporation.
What is the revenue of Carpenters Joint Apprenticeship & Training Program Building Corporation?
Carpenters Joint Apprenticeship & Training Program Building Corporation's revenue in 2022 was $42,843.
Who are the executives of Carpenters Joint Apprenticeship & Training Program Building Corporation and what are their salaries?
Here are 22 key members and their salaries:
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- Related: $161,092
- Other: $68,196
Where can I find the form 990 for Carpenters Joint Apprenticeship & Training Program Building Corporation?
Carpenters Joint Apprenticeship & Training Program Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carpenters Joint Apprenticeship & Training Program Building Corporation
The Carpenters Joint Apprenticeship & Training Program Building Corporation is established with a specific mission. Its primary objective is to hold property titles and generate income from these properties. The corporation then proceeds to remit the income, after deducting expenses, to an organization that is exempt from federal income taxation. This organization, in turn, utilizes the funds for the benefit of the Carpenters and Joiners Apprenticeship and Journeymen Training fund. The facilities derived from these properties serve as crucial resources for the training program, thereby contributing to the skill development and professional growth of carpenters and joiners.
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Impact
October, 2024
The Carpenters Joint Apprenticeship & Training Program Building Corporation significantly contributes to the development of skilled labor in the construction industry. By managing property and collecting income designated for training facilities, the corporation plays a critical role in supporting the Carpenters and Joiners Apprenticeship and Journeymen Training Fund. This initiative ensures that apprentices receive high-quality training and resources, which enhances their skills and prepares them for successful careers in carpentry.
In St. Paul, MN, the corporation's focus on community improvement fosters economic growth by creating a well-trained workforce that meets the demands of the construction sector. Overall, its impact extends beyond just education; it helps elevate the standards of craftsmanship while promoting sustainable practices and safety in the industry. By investing in the next generation of carpenters, the corporation contributes to the long-term vitality of the local economy and the construction landscape.
This information is meant to be a general summary of Carpenters Joint Apprenticeship & Training Program Building Corporation. 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: $82
- Program Service Revenue: $42,761
- Gross Receipts: $42,843
Assets and Liabilities:
- Total Assets: $3,238,552
- Total Liabilities: $289,436
- Net Assets: $2,949,116
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$42,761
Organization Details
Founding Year
1993
Phone
(651) 646-7337Principal Officer
Tom Dykhoff
Main Address
740 OLIVE STREET, ST PAUL, MN, 55130
NTEE Category
Code: S47 - Community improvement
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