Iowa Laborers' Education And Training Trust Fund

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

EIN: 421103470 ✦ Indianola, IA ✦ Designated as a 501(c)(5)

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Overview

What is Iowa Laborers' Education And Training Trust Fund?

The Iowa Laborers' Education and Training Trust Fund is a nonprofit organization situated in Indianola, Iowa. With a team of seven dedicated individuals, their primary mission is to deliver high-quality education and training for individuals entering the laborers trade industry. Their activities are centered around this mission, focusing on providing education and training within the laborers trade sector. The organization's goal is to equip its members with the necessary skills and knowledge to excel in their respective careers, contributing positively to the industry.

Is Iowa Laborers' Education And Training Trust Fund legitimate?

Iowa Laborers' Education And Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Iowa Laborers' Education And 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: $121,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,222

For more financial information, click here

What is the mission statement of Iowa Laborers' Education And Training Trust Fund?

The Iowa Laborers' Education and Training Trust Fund is committed to educating and training individuals in the laborers trade. Their mission is to provide high-quality training for those joining the laborers trade industry. The primary objective of this organization is to equip its members with the necessary skills and knowledge required for success in their chosen field. This is achieved through various educational and training programs aimed at enhancing the competence and proficiency of the members.

Who is the CEO of Iowa Laborers' Education And Training Trust Fund?

Ed Ely is the Trustee of Iowa Laborers' Education And Training Trust Fund.

What is the revenue of Iowa Laborers' Education And Training Trust Fund?

Iowa Laborers' Education And Training Trust Fund's revenue in 2022 was $870,017.

Who are the executives of Iowa Laborers' Education And Training Trust Fund and what are their salaries?

The average compensation at Iowa Laborers' Education And Training Trust Fund during 2022 was $53,103. There are 7 employees at Iowa Laborers' Education And Training Trust Fund.


Here are 9 key members and their salaries:


Dan Prymek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Penn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Hemminger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Tuthill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Weckman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Piazza Jr (Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Ferguson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Ely (Director)
  • Compensation: $98,932
  • Related: $0
  • Other: $32,171
Where can I find the form 990 for Iowa Laborers' Education And Training Trust Fund?

Iowa Laborers' Education And Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iowa Laborers' Education And Training Trust Fund

Iowa Laborers' Education and Training Trust Fund is committed to educating and training individuals in the laborers trade industry. Their mission is to provide high-quality training programs for those entering this field, aiming to equip them with the necessary skills and knowledge to succeed. By offering comprehensive education and training, the organization contributes to the growth and development of the laborers trade industry, ensuring a skilled workforce that can meet the demands of the industry.

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Impact




October, 2024

The Iowa Laborers' Education and Training Trust Fund has a significant impact on the laborers' trade industry by providing quality education and training for individuals entering the field. Located in Indianola, Iowa, its mission focuses on enhancing the skills and knowledge of members involved in labor-intensive professions.

By offering specialized training programs, the Trust Fund plays a vital role in preparing workers for the demands of the laborers' trade, ensuring they are equipped with the necessary expertise to excel in their roles. This education not only boosts the employability of participants but also contributes to the overall improvement of workforce standards within the industry.

As a result, the Trust Fund fosters a more skilled labor force, which can lead to increased safety, efficiency, and productivity in the workplace. The training initiatives promote professional development, ultimately benefiting both workers and employers alike. Through its commitment to education and training, the Iowa Laborers' Education and Training Trust Fund helps build a stronger, more competent workforce in the laborers' trade.




This information is meant to be a general summary of Iowa Laborers' Education And 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.

Revenue
$870,017 (2022)
Expenses
$1,076,288 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,570
  • Program Service Revenue: $816,140
  • Gross Receipts: $1,117,718

Assets and Liabilities:

  • Total Assets: $2,445,972
  • Total Liabilities: $1,520,561
  • Net Assets: $925,411

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$816,140

Organization Details

Founding Year

1978

Principal Officer

Ed Ely

Main Address

1707 N 14TH STREET, INDIANOLA, IA, 50125

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