Contractors Laborers Training Fund

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

EIN: 470577167 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Contractors Laborers Training Fund?

The Contractors Laborers Training Fund is a nonprofit organization situated in Omaha, Nebraska. With a modest workforce of three individuals, their primary mission is to provide upskilling opportunities for journeyworkers and train apprentices within their field. By offering comprehensive training programs, they aim to enhance the skills and capabilities of their members, contributing to the advancement of their respective professions.

Is Contractors Laborers Training Fund legitimate?

Contractors Laborers Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Contractors 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: $128,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,923

For more financial information, click here

What is the mission statement of Contractors Laborers Training Fund?

The Contractors Laborers Training Fund is committed to providing journeymen laborers with necessary training, as well as training apprentices. Their mission, in essence, is to upskill existing laborers and equip new apprentices with the necessary knowledge and skills. They have successfully upgraded training for 400 journeymen members and offered apprenticeship training to 6 apprentices.

Who is the CEO of Contractors Laborers Training Fund?

Sam Renshaw is the Trustee of Contractors Laborers Training Fund.

What is the revenue of Contractors Laborers Training Fund?

Contractors Laborers Training Fund's revenue in 2022 was $326,530.

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

The average compensation at Contractors Laborers Training Fund during 2022 was $70,430. There are 3 employees at Contractors Laborers Training Fund.


Here are 6 key members and their salaries:


Doug Sea (Training Director)
  • Compensation: $115,367
  • Related: $0
  • Other: $29,438
Sam Renshaw (Trustee)
  • Compensation: $13,000
  • Related: $0
  • Other: $0
Joe Hansen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Kaminski (Chmn Bot)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Edick (Secretary Bot)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Bardeson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Contractors Laborers Training Fund?

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

Mission Statement of Contractors Laborers Training Fund

The Contractors Laborers Training Fund is committed to a significant mission. In essence, it strives to equip journeymen laborers with necessary training and also educates apprentices. This organization diligently provides upgrading training to 400 of its journeyman laborer members, demonstrating its dedication to continuous learning and skill enhancement. Furthermore, it extends its educational reach to apprentices, offering them comprehensive training programs. By doing so, the Contractors Laborers Training Fund plays a crucial role in nurturing the next generation of skilled laborers, ensuring a steady supply of well-trained professionals in the industry.

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Impact




October, 2024

The Contractors Laborers Training Fund plays a vital role in enhancing the skills and capabilities of journeymen laborers and apprentices in the construction industry. By offering upgrade training programs to 400 members, the fund ensures that experienced workers can stay current with industry standards and practices, ultimately improving job performance and safety on construction sites.

Additionally, the fund's focus on training six apprentices creates a pathway for new entrants into the workforce, equipping them with essential skills that promote career advancement and job readiness. This dual approach not only strengthens the workforce in Omaha, NE but also contributes to a more skilled labor market, fostering economic growth and enhancing overall productivity in the construction sector.




This information is meant to be a general summary of Contractors 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
$326,530 (2022)
Expenses
$475,083 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,673
  • Program Service Revenue: $423,391
  • Gross Receipts: $326,530

Assets and Liabilities:

  • Total Assets: $1,657,416
  • Total Liabilities: $1,130
  • Net Assets: $1,656,286

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Programs

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

CONTRACTOR CONTRIBUTION

Revenue

$423,391

Organization Details

Founding Year

1976

Principal Officer

Sam Renshaw

Main Address

5626 SORENSEN PARKWAY, OMAHA, NE, 68152

NTEE Category

Code: J22 - Employment

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