Construction Industry Laborers Training Fund

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

EIN: 430949394 ✦ Belton, MO ✦ Designated as a 501(c)(3)

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Overview

What is Construction Industry Laborers Training Fund?

The Construction Industry Laborers Training Fund is a nonprofit organization situated in Belton, Missouri. With a team of 11 dedicated individuals, their primary mission is to offer comprehensive training opportunities for individuals associated with the laborers union. By providing this education, they aim to enhance the skills and capabilities of their members, thereby contributing to the growth and development of the construction industry.


Official website here: www.mokanltc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that the Construction Industry Laborers Training Fund has room for improvement in its accountability and financial practices. While the organization has secured perfect scores in several areas such as the majority independent board members and material diversion of assets, it has notable deficiencies in transparency measures like missing conflict of interest and whistleblower policies.

The organization demonstrates strong governance with an independent board and good financial ratios, reflecting sound fiscal management. With a program expense ratio of 25 out of 25 points, it shows dedication to its mission through effective allocation of resources towards its training programs. These strengths contribute positively to the overall impact the organization aims to make in the construction labor industry.

However, the absence of certain policies critical for accountability raises concerns regarding its operational transparency. The lack of a posted tax form on the nonprofit's website further limits public insight into its financial practices. Addressing these gaps could significantly enhance its rating and trustworthiness among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Construction Industry Laborers Training Fund legitimate?

Construction Industry Laborers Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Construction Industry Laborers 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: $453,316

For more financial information, click here


Official website here: www.mokanltc.com

What is the mission statement of Construction Industry Laborers Training Fund?

The Construction Industry Laborers Training Fund is committed to providing training opportunities for individuals within the laborers union. Their mission is centered around equipping these individuals with the necessary skills and knowledge needed for their respective roles in the construction industry. By offering comprehensive training programs, the fund aims to enhance the proficiency and competence of its beneficiaries, thereby contributing to the overall growth and development of the construction sector. The training provided by the fund is designed to meet the evolving needs and demands of the industry, ensuring that its trainees remain up-to-date and well-equipped to face the challenges of the modern construction landscape.


Official website here: www.mokanltc.com

Who is the CEO of Construction Industry Laborers Training Fund?

Gabriel Jones is the Trustee of Construction Industry Laborers Training Fund.


Official website here: www.mokanltc.com

What is the revenue of Construction Industry Laborers Training Fund?

Construction Industry Laborers Training Fund's revenue in 2022 was $1,312,506.


Official website here: www.mokanltc.com

Who are the executives of Construction Industry Laborers Training Fund and what are their salaries?

The average compensation at Construction Industry Laborers Training Fund during 2022 was $41,211. There are 11 employees and 9 volunteers at Construction Industry Laborers Training Fund.


Here are 9 key members and their salaries:


Derrick Barnes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Estes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Fahey (Trustee, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barclay Hornung (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabriel Jones (Trustee, Chairmain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Kaaz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Kendall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Tillman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Philgreen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mokanltc.com

Where can I find the form 990 for Construction Industry Laborers Training Fund?

Construction Industry Laborers Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mokanltc.com

Learn more at the official website: www.mokanltc.com

Mission Statement of Construction Industry Laborers Training Fund

The Construction Industry Laborers Training Fund, as its name suggests, is committed to providing educational opportunities for individuals within the laborers union. Their mission is centered around offering comprehensive training programs to union members, aiming to equip them with the necessary skills to excel in their respective roles within the construction industry. By offering this training, the Construction Industry Laborers Training Fund plays a vital role in upskilling the workforce, ensuring that they remain competitive and proficient in their chosen fields.

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Impact




July, 2024

The Construction Industry Laborers Training Fund impacts individuals in the laborers union by providing essential training programs. Through these programs, members are equipped with the skills and knowledge necessary to excel in the construction industry. This training not only enhances the professional capabilities of the individuals but also contributes to the overall growth and success of the union. By investing in the development of its members, the Construction Industry Laborers Training Fund plays a crucial role in shaping a skilled and competent workforce that positively impacts the construction industry.




This information is meant to be a general summary of Construction Industry Laborers 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.

Revenue
$1,312,506 (2022)
Expenses
$1,283,956 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,426
  • Program Service Revenue: $1,290,603
  • Gross Receipts: $1,312,506

Assets and Liabilities:

  • Total Assets: $4,288,533
  • Total Liabilities: $71,884
  • Net Assets: $4,216,649

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,290,603

Organization Details

Founding Year

1970

Principal Officer

Gabriel Jones

Main Address

21201 S MULLEN ROAD, BELTON, MO, 64012

NTEE Category

Code: J22 - Employment

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