Overview
What is Local 125 Jatc Fund?
The Local 125 Jatc Fund is a nonprofit organization situated in Cedar Rapids, Iowa, with a specific focus on providing plumbing and pipefitting training for apprentices and journey-level workers in the eastern region of the state. This collective bargaining agreement between various employers ensures comprehensive educational opportunities for skilled tradespersons in the plumbing and pipefitting industries. With a dedicated workforce of 17 individuals, the Local 125 Jatc Fund plays a crucial role in fostering professional growth and development in these fields.
Official website here: www.ualocal125.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Local 125 Jatc Fund has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high rating is based solely on its impressive accountability practices, showcasing its commitment to transparency and responsible management of resources. The organization has no material diversion of assets and maintains a robust financial oversight structure.
Strengths highlighted in the data include an entirely independent board of directors, which strengthens governance and decision-making. The fund scored full points in various categories related to conflict of interest, whistleblower policies, and financial audits, indicating a thorough approach to ethical standards and oversight. Additionally, its program expense ratio of 73.78% suggests a focus on delivering services and fulfilling its mission effectively.
While the data does not specifically address other aspects such as program impact or community feedback, the strong financial health and governance practices indicate a well-managed organization. Overall, the Local 125 Jatc Fund demonstrates a commendable commitment to accountability and effective resource management.
This AI summary has been generated from information found on Charity Navigator.
Is Local 125 Jatc Fund legitimate?
Local 125 Jatc Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local 125 Jatc 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: $175,443
Professional Fundraising Fees: $0
Other Salaries and Wages: $535,347
For more financial information, click here
Official website here: www.ualocal125.org/
What is the mission statement of Local 125 Jatc Fund?
The Local 125 JATC Fund is committed to providing plumbing and pipefitting training for both apprentices and journey-level professionals in a multi-employer setting, located in Eastern Iowa. This collectively bargained program offers comprehensive training services, aiming to equip these individuals with the necessary skills to excel in their respective fields. By offering this training, the Local 125 JATC Fund contributes to the development of a skilled workforce in the plumbing and pipefitting sector.
Official website here: www.ualocal125.org/
Who is the CEO of Local 125 Jatc Fund?
William Wilkins is the Training Dir of Local 125 Jatc Fund.
Official website here: www.ualocal125.org/
What is the revenue of Local 125 Jatc Fund?
Local 125 Jatc Fund's revenue in 2023 was $1,968,399.
Official website here: www.ualocal125.org/
Who are the executives of Local 125 Jatc Fund and what are their salaries?
The average compensation at Local 125 Jatc Fund during 2023 was $41,811. There are 17 employees at Local 125 Jatc Fund.
Here are 14 key members and their salaries:
- Compensation: $102,661
- Related: $0
- Other: $44,488
- Compensation: $2,833
- Related: $0
- Other: $0
- Compensation: $1,922
- Related: $0
- Other: $0
- Compensation: $1,185
- Related: $0
- Other: $513
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ualocal125.org/
Where can I find the form 990 for Local 125 Jatc Fund?
Local 125 Jatc Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ualocal125.org/
Learn more at the official website: www.ualocal125.org/
Mission Statement of Local 125 Jatc Fund
Local 125 Jatc Fund, a collectively bargained multi-employer plan, is dedicated to providing comprehensive training for apprentices and journey-level plumbers and pipefitters in Eastern Iowa. This nonprofit organization's mission is to equip these individuals with the necessary skills to excel in their respective fields, contributing to the industry's overall growth and development. By offering specialized training services, Local 125 Jatc Fund plays a crucial role in fostering a skilled workforce, thereby ensuring the continued demand for plumbing and pipefitting services in the region.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Local 125 Jatc Fund's impact is significant in providing essential plumbing and pipefitting training for apprentices and journeymen in Eastern Iowa. By offering training services for individuals looking to excel in the plumbing and pipefitting industry, this organization plays a crucial role in enhancing the skills and expertise of workers in these trades. Through its mission to provide quality training opportunities, Local 125 Jatc Fund contributes to the development of a skilled workforce in the region, ultimately benefiting the industry and the community as a whole.
This information is meant to be a general summary of Local 125 Jatc 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: $8,111
- Program Service Revenue: $1,774,472
- Gross Receipts: $1,968,399
Assets and Liabilities:
- Total Assets: $4,985,941
- Total Liabilities: $138,858
- Net Assets: $4,847,083
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,656,934
BOOK AND FEE INCOME
Revenue
$117,538
Organization Details
Founding Year
2002
Phone
(319) 362-9259Principal Officer
William Wilkins
Main Address
5101 J STREET SW, CEDAR RAPIDS, IA, 52404
Website
www.ualocal125.org/NTEE Category
Code: B30 - Education
If you are a representative of Local 125 Jatc Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.