Overview
What is Construction Education Foundation Of Minnesota?
Construction Education Foundation of Minnesota is a nonprofit organization based in Eden Prairie, Minnesota, dedicated to advancing knowledge in the construction industry. They offer various educational programs, including craft training, registered apprenticeships in both Minnesota and North Dakota, merit shop scholarships, safety services, safety training, STEP support, safety committee meetings, MNOSHA partnership, management training, and community outreach. The foundation collaborates with Project Build MN and industry partners to provide opportunities for learning and professional growth in construction and safety fields. Their mission is to enhance the skills and expertise of individuals within the construction industry, ultimately contributing to safer and more efficient work environments.
Official website here: www.mnabc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Construction Education Foundation of Minnesota boasts an impressive rating of 97%, indicating a strong commitment to accountability and finance. The organization achieves this high score primarily through its excellent performance across various metrics, particularly in governance, with a fully independent board and no material diversion of assets. This level of oversight contributes significantly to the organization's financial health and operational transparency.
In terms of program expenses, 84.87% of the foundation's expenditures are directed towards its programs, reflecting a solid focus on fulfilling its mission. Additionally, the presence of well-defined policies, such as conflict of interest and whistleblower protections, highlights the organization's dedication to ethical practices and safeguarding its stakeholders' interests. These elements enhance trust and confidence among donors and supporters.
Despite these strengths, the summary does not indicate any specific limitations or areas for improvement within the organization's operations. Overall, the Construction Education Foundation of Minnesota stands out as a well-managed nonprofit that effectively allocates resources to achieve its educational objectives in the construction sector.
This AI summary has been generated from information found on Charity Navigator.
Is Construction Education Foundation Of Minnesota legitimate?
Construction Education Foundation Of Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Construction Education Foundation Of Minnesota 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.mnabc.com
What is the mission statement of Construction Education Foundation Of Minnesota?
The Construction Education Foundation of Minnesota is committed to providing educational programs aimed at expanding knowledge in construction and construction safety areas. This is achieved through various initiatives. One such initiative is the craft training program, which provides ABC members with access to and support for utilizing the NCCER curriculum to train their non-registered apprentice craftspeople. The foundation also establishes a system of voluntary contributions from contributing employers to fund apprenticeship and craft training programs related to the construction industry. Scholarships are offered to ABC members' participants, and safety services and training are provided to members at a discount, with profits going back to the foundation. The foundation supports ABC members in completing their STEP applications, organizes safety committee meetings, assists in MNOSHA partnership applications, and provides management training opportunities for ABC member companies.
Official website here: www.mnabc.com
Who is the CEO of Construction Education Foundation Of Minnesota?
Nate Basinger is the Chairman of Construction Education Foundation Of Minnesota.
Official website here: www.mnabc.com
What is the revenue of Construction Education Foundation Of Minnesota?
Construction Education Foundation Of Minnesota's revenue in 2022 was $473,132.
Official website here: www.mnabc.com
Who are the executives of Construction Education Foundation Of Minnesota and what are their salaries?
There 7 volunteers at Construction Education Foundation Of Minnesota.
Here are 6 key members and their salaries:
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Official website here: www.mnabc.com
Where can I find the form 990 for Construction Education Foundation Of Minnesota?
Construction Education Foundation Of Minnesota's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnabc.com
Learn more at the official website: www.mnabc.com
Mission Statement of Construction Education Foundation Of Minnesota
The Construction Education Foundation of Minnesota, a nonprofit organization, is dedicated to providing educational programs aimed at expanding knowledge in the construction and construction safety sectors. Its mission is to serve as a resource for its affiliated members, primarily from the Minnesota Chapter of Associated Builders and Contractors, Inc., by offering various training programs.
The foundation's offerings include craft training, where it supports members in utilizing the National Center for Construction Education and Research (NCCER) curriculum to educate their non-registered apprentice craftspeople. Furthermore, the foundation is involved in registered apprenticeship programs in both Minnesota and North Dakota, registering apprentices with the respective state or federal labor departments under the organization's standards of apprenticeship.
Moreover, the Construction Education Foundation of Minnesota manages scholarships for deserving students through its Merit Shop Scholarship Program. It also provides safety services and training to its members, selling bulk service hours at a discount and tracking progress. The foundation supports its members in completing their STEP applications and organizes safety committee meetings to discuss current issues and promote best practices.
Additionally, the organization helps members participate in the MinnesotaOSHA Partnership, attends cooperative compliance partnership jobsite safety audits, and prepares certificates for participating companies. It offers management training opportunities for members' field and office leaders, delivered by third-party providers or compensated instructors from the foundation itself. Lastly, the Construction Education Foundation of Minnesota actively participates in community outreach events, representing the organization at career fairs, training programs, and conferences.
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Impact
July, 2024
The Construction Education Foundation Of Minnesota provides a wide range of educational programs aimed at expanding knowledge in construction and construction safety areas. These programs include craft training, registered apprenticeship programs in Minnesota and North Dakota, a merit shop scholarship program, safety services and training, support for the STEP program, safety committee organization, and management training for field and office leaders. The foundation also engages in community outreach activities, such as participating in outreach events and making presentations at career fairs and training programs. Through its initiatives, the Construction Education Foundation Of Minnesota plays a crucial role in developing the skills and knowledge of individuals in the construction industry.
This information is meant to be a general summary of Construction Education Foundation Of Minnesota. 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: $163
- Program Service Revenue: $461,443
- Gross Receipts: $473,132
Assets and Liabilities:
- Total Assets: $685,046
- Total Liabilities: $175,570
- Net Assets: $509,476
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$461,443
Organization Details
Founding Year
1996
Phone
(952) 941-8693Principal Officer
Nate Basinger
Main Address
10193 CROSSTOWN CIRCLE, EDEN PRAIRIE, MN, 55344
Website
www.mnabc.comNTEE Category
Code: B20 - Education
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