Overview
What is Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund?
Michigan Statewide Carpenters and Millwrights Joint Apprentice Training Fund is a nonprofit organization located in Lansing, Michigan, with an address at 6525 Centurion Drive. Their primary mission is to offer education, training, and related benefits to eligible participants through a Taft Hartley collectively bargained agreement. This collaborative agreement facilitates the provision of essential resources, ensuring the growth and development of the workforce within the carpentry and millwright industries in Michigan. The organization, also known as MSCM JATF, has a team of 38 employees dedicated to this cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund has earned a commendable Three-Star rating from Charity Navigator, reflecting strong accountability and financial management practices. The organization has secured an impressive score of 88 in Accountability & Finance, indicating a solid commitment to transparency and responsible stewardship of resources.
Key strengths highlighted in the review include a fully independent board and a robust audit and oversight committee, both crucial for maintaining integrity and ensuring that funds are being utilized effectively. Additionally, the charity demonstrates a high program expense ratio of 94.20%, suggesting that a significant portion of its expenditures goes directly toward fulfilling its mission rather than administrative costs.
While the organization shows no significant material diversions of assets and adheres to conflict of interest policies, its liabilities to assets ratio is 53.04%, which is generally acceptable but does indicate room for improvement. Overall, the Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund demonstrates strong performance in financial accountability, though stakeholders may want to stay informed about its financial health in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund legitimate?
Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Statewide Carpenters And Millwrights Joint Appr Train 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: $246,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,316,625
For more financial information, click here
What is the mission statement of Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund?
The Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund is dedicated to delivering education, training, and associated benefits to eligible participants, as outlined in a Taft Hartley collectively bargained agreement. The primary objective of this organization is to equip eligible individuals with the necessary skills and resources to enhance their professional growth and development. Through this collective agreement, participants gain access to comprehensive training programs designed to advance their careers in the carpentry and millwright industries. Moreover, the fund offers related benefits, ensuring a holistic approach to the welfare of its members. By providing these opportunities, the Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund plays a crucial role in fostering a skilled and proficient workforce within the trades sector.
Who is the CEO of Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund?
Michael Barnwell is the Secretary of Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund.
What is the revenue of Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund?
Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund's revenue in 2022 was $12,507,573.
Who are the executives of Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund and what are their salaries?
The average compensation at Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund during 2022 was $67,439. There are 38 employees and 38 volunteers at Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund.
Here are 25 key members and their salaries:
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- Related: $185,062
- Other: $114,068
- Compensation: $0
- Related: $121,440
- Other: $101,317
- Compensation: $0
- Related: $124,202
- Other: $77,871
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- Related: $253,110
- Other: $126,389
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- Related: $108,352
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- Related: $118,846
- Other: $82,302
- Compensation: $0
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- Other: $0
- Compensation: $140,435
- Related: $1,500
- Other: $116,593
- Compensation: $0
- Related: $141,743
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $128,434
- Other: $0
- Compensation: $0
- Related: $77,541
- Other: $53,961
Where can I find the form 990 for Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund?
Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Michigan Statewide Carpenters And Millwrights Joint Appr Train Fund
Michigan Statewide Carpenters and Millwrights Joint Apprentice Training Fund is a nonprofit organization dedicated to providing education, training, and related benefits to eligible participants through a Taft Hartley collectively bargained agreement. This organization serves as a vital resource for individuals looking to advance their skills and knowledge in the carpentry and millwright trades.
The Michigan Statewide Carpenters and Millwrights Joint Apprentice Training Fund's mission is to invest in the future of its participants by offering comprehensive education and training programs. Through this collaborative agreement, the Fund is able to provide high-quality, industry-specific instruction that helps individuals develop the necessary skills to excel in their chosen trade. Additionally, the organization offers related benefits, ensuring that participants have the resources they need to succeed both personally and professionally.
By offering education and training opportunities, the Michigan Statewide Carpenters and Millwrights Joint Apprentice Training Fund plays a crucial role in strengthening the workforce and ensuring that the carpentry and millwright industries remain competitive. The organization's commitment to the development of its participants contributes to the growth and success of both the individual workers and the industries they serve. This mission is carried out through a collective bargaining agreement, which ensures that the programs are tailored to the needs of the trades and that the training provided is of the highest quality.
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Impact
October, 2024
Michigan Statewide Carpenters and Millwrights Joint Apprenticeship Training Fund significantly enhances the workforce's skills and competencies in the carpentry and millwright trades. By offering structured education and training, it equips eligible participants with the practical skills necessary for high-demand jobs in the construction industry.
The fund operates under a collectively bargained agreement, ensuring that the training provided meets industry standards and workforce needs. Participants benefit not only from technical training but also from related benefits aimed at fostering their careers. This initiative creates a more proficient workforce, boosts employment opportunities, and contributes to the overall economic development of Michigan by ensuring that skilled labor is available for ongoing and future construction projects.
This information is meant to be a general summary of Michigan Statewide Carpenters And Millwrights Joint Appr Train 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,546,393
- Program Service Revenue: $10,629,786
- Gross Receipts: $15,350,855
Assets and Liabilities:
- Total Assets: $50,142,323
- Total Liabilities: $28,065,949
- Net Assets: $22,076,374
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$10,629,786
Organization Details
Founding Year
2014
Phone
(248) 541-2740Principal Officer
Michael Barnwell
Main Address
6525 CENTURION DRIVE, LANSING, MI, 489179275
NTEE Category
Code: J22 - Employment
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