Overview
What is Roofers Local No 96 Apprentice Training Fund?
Roofers Local No 96 Apprentice Training Fund is a nonprofit organization dedicated to offering educational and training programs for apprentices and journeymen in the union's territorial jurisdiction. The primary focus of this fund is to enhance the skills of roofers through a structured training program, aimed at both apprentices and experienced journeymen. The fund plays a significant role in the development and advancement of the roofing industry by providing opportunities for continuous learning and skill improvement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%
Roofers Local No 96 Apprentice Training Fund has earned an impressive Four-Star out of Four Star rating, indicating a strong commitment to accountability and finance. With a score of 92%, the organization demonstrates a high level of financial health and transparency. It maintains an independent board with 83% of its members being independent, which enhances its governance and oversight capabilities.
The organization has received full marks in several key areas, including its audit and oversight committee, conflict of interest policy, and whistleblower policy. Additionally, there are no reported material diversions of assets, reinforcing the trustworthiness of its financial practices. The program expense ratio stands at a commendable 77.50%, indicating that a significant portion of its expenses is directed towards its mission.
While the overall financial health appears robust, the liabilities to assets ratio of 52.51% suggests the organization is managing a considerable amount of debt relative to its assets. This indicates the need for ongoing vigilance in financial management to ensure the sustainability of its programs in the long term. Overall, the Roofers Local No 96 Apprentice Training Fund displays a strong operational framework, marked by effective governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Roofers Local No 96 Apprentice Training Fund legitimate?
Roofers Local No 96 Apprentice Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roofers Local No 96 Apprentice Training 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: $162,716
For more financial information, click here
What is the mission statement of Roofers Local No 96 Apprentice Training Fund?
The Roofers Local No 96 Apprentice Training Fund is established with the primary objective of delivering a comprehensive training and educational program. This program is designed specifically for apprentices and journeymen within its territorial jurisdiction. The fund's purpose is to equip these individuals with the necessary skills in the roofing trade. The training program offered by the fund aims to enhance the proficiency of both apprentices and journeymen in their respective roles, thereby contributing to the overall growth and development of the roofing industry.
Who is the CEO of Roofers Local No 96 Apprentice Training Fund?
Mark Conroy is the Trustee - Chairman of Roofers Local No 96 Apprentice Training Fund.
What is the revenue of Roofers Local No 96 Apprentice Training Fund?
Roofers Local No 96 Apprentice Training Fund's revenue in 2022 was $934,170.
Who are the executives of Roofers Local No 96 Apprentice Training Fund and what are their salaries?
The average compensation at Roofers Local No 96 Apprentice Training Fund during 2022 was $32,543. There are 5 employees at Roofers Local No 96 Apprentice Training Fund.
Here are 10 key members and their salaries:
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- Other: $492
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Where can I find the form 990 for Roofers Local No 96 Apprentice Training Fund?
Roofers Local No 96 Apprentice Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Roofers Local No 96 Apprentice Training Fund
Roofers Local No 96 Apprentice Training Fund is a dedicated organization with a mission to offer a comprehensive training and education program for both apprentices and journeymen within its territorial jurisdiction. The primary goal of this fund is to focus on the development and enhancement of the skills of roofers, catering to both the beginners and the experienced professionals in the field. The fund's purpose is to provide a well-structured training program, ensuring that the roofers in its jurisdiction are equipped with the necessary knowledge and skills to excel in their craft. The Roofers Local No 96 Apprentice Training Fund plays a crucial role in fostering a skilled workforce in the roofing industry, thereby contributing to the overall growth and progression of the sector.
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Impact
July, 2024
The Roofers Local No 96 Apprentice Training Fund has a significant impact on the roofing industry by providing a robust training and education program for apprentices and journeymen within the union's territorial jurisdiction. By offering specialized training for individuals entering the field as well as those looking to advance their skills, the Fund plays a pivotal role in ensuring a skilled and competent workforce in the roofing sector. This not only benefits the union members and their professional development but also contributes to the overall quality and safety of roofing projects in the community.
This information is meant to be a general summary of Roofers Local No 96 Apprentice Training 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 2022.
- Investment Income: $745
- Program Service Revenue: $908,425
- Gross Receipts: $934,170
Assets and Liabilities:
- Total Assets: $4,020,854
- Total Liabilities: $2,111,450
- Net Assets: $1,909,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$882,978
RENTAL INCOME
Revenue
$25,447
Organization Details
Founding Year
1974
Phone
(952) 854-0795Principal Officer
Mark Conroy
Main Address
3001 METRO DRIVE 500, BLOOMINGTON, MN, 55425
NTEE Category
Code: J22 - Employment
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