Overview
What is Business Training & Resource Center?
Business Training & Resource Center, identified as Impact Utah in the provided data, is a nonprofit organization dedicated to empowering businesses through training. They have a significant impact on the community, working with 123 manufacturing establishments, 98 of which are located in urban areas and 25 in rural regions. In 2021 alone, their efforts resulted in an equivalent of 1009 jobs and over $270 million in sales, showcasing their substantial impact on local economies. The center's mission is to provide business training, thereby contributing to the growth and success of these establishments.
What are the reviews and ratings of this charity?
79% rating from Charity Navigator indicates that Business Training & Resource Center has achieved a Three-Star out of Four Star rating, reflecting a solid performance in terms of accountability and finance. The score derives entirely from a strong accountability and finance assessment, showcasing the organization's commitment to transparency and effective management.
The organization demonstrates excellent governance practices, highlighted by a board comprised entirely of independent members and a strong policy framework that includes conflict of interest and whistleblower policies. Additionally, the organization has shown no material diversion of assets, indicating sound financial stewardship.
On the financial side, Business Training & Resource Center maintains a favorable liabilities to assets ratio of 42.19%, indicating a sustainable financial position. The organization allocates 100% of its expenses towards programs, underscoring its dedication to fulfilling its mission effectively. Overall, while the organization shows strong accountability, the limited rating scope suggests potential areas for growth in other performance metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Business Training & Resource Center legitimate?
Business Training & Resource Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Training & Resource Center 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: $2,310,708
For more financial information, click here
What is the mission statement of Business Training & Resource Center?
The Business Training & Resource Center is dedicated to providing business training to its clients. Their mission is to positively impact businesses, working with a diverse range of manufacturing establishments, both urban and rural. In 2021, their efforts resulted in an impact equivalent to 1009 jobs and over $270 million in sales. The center's primary objective is to contribute to the growth and success of these businesses.
Who is the CEO of Business Training & Resource Center?
Rob Haertel is the Trustee of Business Training & Resource Center.
What is the revenue of Business Training & Resource Center?
Business Training & Resource Center's revenue in 2022 was $4,810,688.
Who are the executives of Business Training & Resource Center and what are their salaries?
The average compensation at Business Training & Resource Center during 2022 was $121,616. There are 19 employees and 16 volunteers at Business Training & Resource Center.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Business Training & Resource Center?
Business Training & Resource Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Business Training & Resource Center
The Business Training & Resource Center, as its name suggests, is dedicated to providing business training. This organization has a significant impact on its clients, working with 123 manufacturing establishments scattered across urban and rural counties. In 2021 alone, their efforts resulted in an equivalent of 1009 jobs and over $270 million in sales. This nonprofit organization plays a crucial role in supporting these businesses, contributing to their growth and success.
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Impact
July, 2024
The Business Training & Resource Center's impact in Utah is significant. They provide business training to clients, particularly in the manufacturing sector. In 2021, they worked with 123 client manufacturing establishments, with 98 in urban counties and 25 in rural counties. Their work directly led to the creation of the equivalent of 1009 jobs and generated over $270 million in sales. This has not only boosted the local economy but has also contributed to the overall growth and development of businesses in Utah.
This information is meant to be a general summary of Business Training & Resource Center. 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: $4,810,688
Assets and Liabilities:
- Total Assets: $2,561,146
- Total Liabilities: $1,080,754
- Net Assets: $1,480,392
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Organization Details
Founding Year
2014
Principal Officer
Rob Haertel
Main Address
815 WEST 1250 SOUTH, OREM, UT, 84058
NTEE Category
Code: S40 - Community improvement
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