Overview
What is Ibew Local No 252 Apprentice School Fund?
Ibew Local No 252 Apprentice School Fund is a nonprofit organization situated in Ann Arbor, Michigan. Its primary purpose is to support the vocational training of apprentices through a reimbursement program. Employers pay their apprentices while they learn on the job, and the fund reimburses the employers for the wages they pay during the apprenticeship period while the apprentices are in school. This initiative aims to make vocational education more accessible and affordable, benefiting both the apprentices and their employers.
Is Ibew Local No 252 Apprentice School Fund legitimate?
Ibew Local No 252 Apprentice School Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew Local No 252 Apprentice School 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:
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What is the mission statement of Ibew Local No 252 Apprentice School Fund?
The Ibew Local No 252 Apprentice School Fund's primary objective is to support the training of apprentices in their respective fields. This is achieved by reimbursing employers for the wages they pay to apprentices during their time in school. This arrangement allows apprentices to earn a living while gaining practical knowledge and skills, thereby ensuring a smooth transition from education to employment. The fund serves as a bridge between the academic world and the professional realm, fostering the growth of skilled workers in various industries.
Who is the CEO of Ibew Local No 252 Apprentice School Fund?
Rick Plisko is the Trustee of Ibew Local No 252 Apprentice School Fund.
What is the revenue of Ibew Local No 252 Apprentice School Fund?
Ibew Local No 252 Apprentice School Fund's revenue in 2022 was $782,978.
Who are the executives of Ibew Local No 252 Apprentice School Fund and what are their salaries?
There 7 volunteers at Ibew Local No 252 Apprentice School Fund.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Ibew Local No 252 Apprentice School Fund?
Ibew Local No 252 Apprentice School Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ibew Local No 252 Apprentice School Fund
Ibew Local No 252 Apprentice School Fund is an organization that has a unique mission. It was established to provide a reimbursement program for employers who hire apprentices. The fund aims to cover the wages paid to these apprentices during their time in school, ensuring that they can earn a living while gaining valuable skills and knowledge. By doing so, the organization supports the growth and development of future professionals in various trades, ultimately contributing to a skilled workforce. The Apprentice School Fund serves as a bridge between learning and employment, enabling apprentices to gain practical experience while minimizing the financial burden on their employers.
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Impact
October, 2024
The IBEW Local No. 252 Apprentice School Fund significantly enhances workforce development by providing a financial mechanism that supports employers who invest in the training of apprentices. By reimbursing employers for the wages they pay to apprentices while they are in school, the Fund alleviates some of the financial burden associated with training new talent. This encourages more employers to hire apprentices, which ultimately expands job opportunities in the electrical trade.
This model not only equips apprentices with hands-on experience and skills but also promotes a well-trained workforce that meets the industry's demands. The Fund fosters a collaborative environment between employers and apprentices, enhancing the quality of training and ensuring that apprentices contribute to their workplaces while learning. As a result, the initiative bolsters local economies, particularly in areas like Ann Arbor, MI, by creating a sustainable cycle of employment and skill development in the electrical sector.
This information is meant to be a general summary of Ibew Local No 252 Apprentice School 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: $60,633
- Gross Receipts: $1,034,274
Assets and Liabilities:
- Total Assets: $1,136,439
- Total Liabilities: $84,621
- Net Assets: $1,051,818
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Organization Details
Founding Year
1974
Phone
(734) 424-0978Principal Officer
Rick Plisko
Main Address
7920 JACKSON RD, ANN ARBOR, MI, 48103
NTEE Category
Code: J40 - Employment
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