Overview
What is New Orleans Education League Of The Construction Industry?
The New Orleans Education League of the Construction Industry, based in Metairie, Louisiana, is a nonprofit organization dedicated to educating and enlightening both contractors and the public about advanced, ethical contracting practices within the construction and housing industries. Through their mission, they conduct thorough research in these sectors to promote professional growth and best practices. Their primary objective is to empower and inform individuals, ultimately contributing to a more proficient and responsible construction industry in New Orleans.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
The New Orleans Education League Of The Construction Industry has received a low rating of 52%, which reflects significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, which is a positive indicator of governance, it fails to provide financial statements or fulfill several transparency criteria, resulting in a poor score in several areas.
Strengths noted include a commendable program expense ratio of 91.68%, indicating that a significant portion of its expenditures is directed towards its programs. However, the absence of critical policies such as conflict of interest and whistleblower protections, along with missing financial disclosures on its website, raises questions about its operational transparency and financial management.
The organization's high liabilities to assets ratio of 111.84% is particularly concerning, suggesting that it may have financial sustainability issues. Overall, while there are some positive aspects regarding board independence and program spending, the lack of financial transparency and missing governance policies are critical areas that potential donors and stakeholders should consider carefully.
This AI summary has been generated from information found on Charity Navigator.
Is New Orleans Education League Of The Construction Industry legitimate?
New Orleans Education League Of The Construction Industry is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Orleans Education League Of The Construction Industry 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of New Orleans Education League Of The Construction Industry?
The New Orleans Education League of the Construction Industry is committed to educating and informing both contractors and the general public about advanced professional practices within the construction and housing industries. They undertake research related to these sectors to promote industry-leading standards and best practices. Their mission is to contribute to the betterment of the construction industry by fostering knowledge and innovation.
Who is the CEO of New Orleans Education League Of The Construction Industry?
Roy Olsen is the President of New Orleans Education League Of The Construction Industry.
What is the revenue of New Orleans Education League Of The Construction Industry?
New Orleans Education League Of The Construction Industry's revenue in 2022 was $524,078.
Who are the executives of New Orleans Education League Of The Construction Industry and what are their salaries?
There 20 volunteers at New Orleans Education League Of The Construction Industry.
Here are 7 key members and their salaries:
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Where can I find the form 990 for New Orleans Education League Of The Construction Industry?
New Orleans Education League Of The Construction Industry's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Orleans Education League Of The Construction Industry
The New Orleans Education League of the Construction Industry is committed to enlightening and instructing both contractors and the public at large about advanced, ethical contracting practices within the construction and housing industries. This nonprofit organization also dedicates its resources to conducting thorough research in these sectors, with the aim of promoting industry-leading standards and best practices. By educating and informing various stakeholders, the New Orleans Education League of the Construction Industry aims to contribute to the betterment of the construction industry, ultimately benefiting both professionals and the wider community.
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Impact
July, 2024
The New Orleans Education League Of The Construction Industry plays a pivotal role in educating contractors and the general public about industry-leading professional contracting practices and conducting research related to the construction and housing industries. Through its mission to promote education in these fields, this organization has had a significant impact on improving the quality of construction work, fostering innovation, and enhancing industry standards. Its efforts contribute to the overall growth and development of the construction sector in the region, ensuring that best practices are disseminated and utilized for the benefit of both professionals and consumers. The League's focus on education not only helps contractors enhance their skills and knowledge but also raises awareness among the public about the importance of high-quality construction practices.
This information is meant to be a general summary of New Orleans Education League Of The Construction Industry. 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.
- Gross Receipts: $524,078
Assets and Liabilities:
- Total Assets: $64,304
- Total Liabilities: $71,922
- Net Assets: -$7,618
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Organization Details
Founding Year
1948
Principal Officer
Roy Olsen
Main Address
2424 North Arnoult Road, Metairie, LA, 70001
NTEE Category
Code: B99 - Education
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