Overview
What is Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund?
The Carpenters and Joiners Apprenticeship and Journeymen Training Trust Fund is a nonprofit organization dedicated to offering training and education for prospective and current Journeymen Carpenters, millwrights, floor coverers, and pile drivers. Based on the provided information, this trust fund's primary focus lies in apprenticeship and ongoing training for its targeted workforce. Its mission emphasizes the importance of continuous learning and skill enhancement to ensure the success and competency of its members. Through the trust fund, Journeymen are provided with opportunities to develop their expertise and maintain industry knowledge.
Official website here: www.carpenterstraininginstitute.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.
The Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund has received a Four-Star rating, signifying high standards in accountability and finance. This rating reflects a strong commitment to transparency, with 100% of its board members being independent and a robust audit and oversight committee in place.
The organization shows excellent financial health, evidenced by a low liabilities to assets ratio of 21.92% and a program expense ratio of 74.54%, indicating that a significant portion of its budget is allocated directly to its programs. Additionally, it has well-documented policies including a conflict of interest policy and a whistleblower policy, which further demonstrates its dedication to ethical practices.
While the organization excels in financial accountability, it is important for potential donors to consider how effectively these financial resources translate into impactful programs within the community. Overall, the Trust Fund stands out as a reliable and responsible nonprofit dedicated to training in the carpentry and joinery trade.
This AI summary has been generated from information found on Charity Navigator.
Is Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund legitimate?
Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carpenters And Joiners Apprenticeship And Journeymen 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: $246,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,412,847
For more financial information, click here
Official website here: www.carpenterstraininginstitute.com
What is the mission statement of Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund?
The Carpenters and Joiners Apprenticeship and Journeymen Training Trust Fund focuses on the recruitment and training of prospective Journeymen, as well as offering retraining and refresher courses for experienced Carpenters, millwrights, floor coverers, and pile drivers. The organization's core mission revolves around the importance of apprenticeship and journeymen training. By providing comprehensive training programs, the Trust Fund aims to equip the workforce with the necessary skills to excel in their respective trades. This commitment to continuous learning helps maintain the industry's high standards and ensures a skilled labor force for the future.
Official website here: www.carpenterstraininginstitute.com
What is the revenue of Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund?
Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund's revenue in 2023 was $19,023,257.
Official website here: www.carpenterstraininginstitute.com
Who are the executives of Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund and what are their salaries?
The average compensation at Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund during 2023 was $78,347. There are 85 employees at Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund.
Here are 31 key members and their salaries:
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- Compensation: $175,700
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- Compensation: $166,292
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- Other: $52,462
- Compensation: $143,410
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- Compensation: $135,822
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- Other: $52,059
Official website here: www.carpenterstraininginstitute.com
Where can I find the form 990 for Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund?
Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.carpenterstraininginstitute.com
Learn more at the official website: www.carpenterstraininginstitute.com
Mission Statement of Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund
The Carpenters and Joiners Apprentice and Journeymen Training Trust Fund is dedicated to the recruitment and training of prospective Journeymen in the fields of Carpentry, Millwright, Flooring, and Pile Driving. This Trust Fund places a strong emphasis on apprenticeship and journeymen training, with a mission to equip experienced workers with the necessary skills for career advancement.
By providing training, retraining, and refresher courses, the Carpenters and Joiners Apprentice and Journeymen Training Trust Fund empowers Journeymen to enhance their expertise and adapt to industry changes. The organization's focus on apprenticeship ensures a continuous supply of skilled labor, enabling businesses to maintain a strong workforce and, in turn, contributing to the growth of the construction industry.
Additionally, the Carpenters and Joiners Apprentice and Journeymen Training Trust Fund offers tailored programs to meet the unique needs of each trade, ensuring that Journeymen receive the most comprehensive and specialized training possible. This commitment to providing quality training not only benefits individuals by enhancing their careers but also contributes to the overall improvement of the construction industry by promoting a skilled and capable workforce.
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Impact
October, 2024
The Carpenters And Joiners Apprenticeship And Journeymen Training Trust Fund plays a critical role in fostering a skilled workforce in the carpentry and joinery sectors. By recruiting and training prospective Journeymen, the program ensures that there is a steady influx of well-trained professionals who are equipped with the necessary skills to meet industry demands.
Through comprehensive training initiatives, the Trust Fund not only supports new apprentices but also provides retraining and refresher courses for current Journeymen Carpenters, millwrights, floor coverers, and pile drivers. This commitment to ongoing education helps workers remain competitive, adapt to evolving industry standards, and embrace new techniques and technologies.
The impact extends beyond individual skill development; it enhances overall workplace safety and efficiency, leading to higher quality work within the community. As more skilled labor enters the market, it contributes to the local economy and addresses the labor shortages that often challenge the construction and carpentry industries. The Trust Fund ultimately cultivates a robust pipeline of talent, ensuring that the next generation of carpentry professionals is ready to meet the challenges of the field.
This information is meant to be a general summary of Carpenters And Joiners Apprenticeship And Journeymen 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 2023.
- Investment Income: $509,464
- Program Service Revenue: $17,837,572
- Gross Receipts: $21,038,254
Assets and Liabilities:
- Total Assets: $24,598,290
- Total Liabilities: $5,394,240
- Net Assets: $19,204,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$17,152,453
CTIF REIMBURSEMENTS
Revenue
$685,119
Organization Details
Founding Year
1971
Principal Officer
Wayne Nordin
NTEE Category
Code: J40 - Employment
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