Overview
What is Site Advancement Foundation?
The Site Advancement Foundation is a nonprofit organization situated in St. Charles, Missouri. Their primary mission is to contribute positively to the construction, erection, and improvement of various construction sites, highways, bridges, and specialty tasks. They strive to advance the common good of all individuals involved in these projects by promoting and fostering training activities. These activities aim to enhance and boost the construction industry, ensuring it stays dynamic and effective. The Foundation has conducted seminars and training sessions for involved labor unions and organizations, such as Cement Masons, Laborers, and Operating Engineers, to continuously develop and improve the construction sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Site Advancement Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid performance in key areas of accountability and finance. With an overall score of 79%, the organization demonstrates a commitment to maintaining financial health and operational transparency, which is crucial for donor trust and support.
One of the organization's notable strengths is its governance structure, featuring a fully independent board composed of 14 members. Additionally, it has effectively implemented policies such as conflict of interest, whistleblower, and document retention, all of which contribute to a robust ethical framework. The foundation's financial ratios also indicate sound management, with a low liabilities to assets ratio and an impressive program expense ratio of 100%, signifying that all of its expenditures are directed towards its mission.
While the organization shows strong performance in its financial accountability and governance practices, the overall rating suggests there may still be areas for improvement. However, the absence of material diversion of assets and the comprehensive documentation of board meetings highlight the foundation's commitment to ethical practices. Overall, the Site Advancement Foundation appears to be a responsible nonprofit organization, effectively managing its resources for its stated objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Site Advancement Foundation legitimate?
Site Advancement Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Site Advancement Foundation 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.
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What is the mission statement of Site Advancement Foundation?
The Site Advancement Foundation's mission is centered around improving the construction industry. Their objective is to advance the common good of all individuals involved in constructing, erecting, and improving construction sites, highways, and bridges, as well as specialty tasks. This is achieved by promoting and propagating training activities that enhance and boost the construction industry. The foundation is committed to fostering growth and development within the construction sector. Regular training activities, such as seminars, are conducted by organizations like Cement Masons Laborers (Local 42,53 & 110), Laborers Local 660, and Operating Engineers Construction Advancement, to further their mission.
Who is the CEO of Site Advancement Foundation?
Patrick Moriarity is the President of Site Advancement Foundation.
What is the revenue of Site Advancement Foundation?
Site Advancement Foundation's revenue in 2022 was $1,460,222.
Who are the executives of Site Advancement Foundation and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Site Advancement Foundation?
Site Advancement Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Site Advancement Foundation
The Site Advancement Foundation, in its mission, strives to advance the general welfare of individuals engaged in the construction, erection, and improvement of construction sites, highways, and bridges, as well as specialty tasks. This organization aims to promote and propagate training activities that enhance and elevate the construction industry. By doing so, they seek to better the lives of those involved in this field, fostering a more skilled and efficient industry overall. To achieve this goal, the Foundation has organized training activities and seminars, involving unions such as Cement Masons Laborers (Local 42,53 & 110), Laborers Local 660, and Operating Engineers Construction Advancement. These events serve to enhance the capabilities and knowledge of professionals within the construction industry, thereby contributing to its overall progress and success.
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Impact
July, 2024
The Site Advancement Foundation plays a crucial role in advancing the common good of individuals involved in construction, erection, and improvement projects, particularly in the construction industry. Through training programs and seminars, the foundation aims to enhance the skills and knowledge of cement masons, laborers, and operating engineers, thereby contributing to the overall development and progress of the construction sector. By focusing on promoting training activities and professional growth, the foundation positively impacts the workforce and helps to elevate standards within the construction industry.
This information is meant to be a general summary of Site Advancement Foundation. 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: $66,879
- Program Service Revenue: $1,199,717
- Gross Receipts: $1,700,046
Assets and Liabilities:
- Total Assets: $3,585,066
- Total Liabilities: $66,253
- Net Assets: $3,518,813
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,199,717
Organization Details
Founding Year
2004
Phone
(314) 966-2950Principal Officer
Patrick Moriarity
Main Address
2071 EXCHANGE DRIVE, ST CHARLES, MO, 63303
NTEE Category
Code: J22 - Employment
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