Overview
What is Glaziers Union Local No 27 Apprenticeship Fund?
Glaziers Union Local No 27 Apprenticeship Fund is a small, nonprofit organization situated in Lyons, Illinois. With a modest workforce of five individuals, their primary mission is to educate and equip apprentices with the necessary skills in the field of glazing. Through comprehensive apprenticeship programs, they aim to nurture the talents of selected individuals, enabling them to excel in this specialized trade. The organization's activities are centered around teaching glazing techniques, providing a vital contribution to the industry and the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Glaziers Union Local No 27 Apprenticeship Fund has earned an 86% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization boasts a fully independent board, with all eight members meeting the criteria for independence. Key financial indicators like a 72.09% program expense ratio and a low liabilities to assets ratio of 17.53% further illustrate its effective management of resources towards its mission.
While the organization demonstrates strong financial oversight and transparency through its independent board and absence of material asset diversion, it does have some areas for improvement. Notably, the lack of a whistleblower policy and a document retention and destruction policy suggests potential gaps in governance practices. Additionally, while it maintains documentation for board meeting minutes, the absence of these policies may raise concerns regarding internal accountability and operational integrity.
Overall, the Glaziers Union Local No 27 Apprenticeship Fund shows a commitment to its mission and financial health, but addressing the noted governance deficiencies could enhance its overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Glaziers Union Local No 27 Apprenticeship Fund legitimate?
Glaziers Union Local No 27 Apprenticeship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glaziers Union Local No 27 Apprenticeship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $457,076
For more financial information, click here
What is the mission statement of Glaziers Union Local No 27 Apprenticeship Fund?
The Glaziers Union Local No 27 Apprenticeship Fund is dedicated to instructing individuals chosen for apprenticeship positions in the art of glazing. Their primary mission is to impart the necessary skills required for this profession, aiming to equip the apprentices with the necessary expertise to excel in their chosen field. The fund's activities revolve around providing comprehensive glazing training, ensuring that each apprentice is well-equipped to contribute effectively to the glazing industry.
Who is the CEO of Glaziers Union Local No 27 Apprenticeship Fund?
Michael Mabus is the Chairman - Past of Glaziers Union Local No 27 Apprenticeship Fund.
What is the revenue of Glaziers Union Local No 27 Apprenticeship Fund?
Glaziers Union Local No 27 Apprenticeship Fund's revenue in 2022 was $1,133,768.
Who are the executives of Glaziers Union Local No 27 Apprenticeship Fund and what are their salaries?
The average compensation at Glaziers Union Local No 27 Apprenticeship Fund during 2022 was $91,415. There are 5 employees at Glaziers Union Local No 27 Apprenticeship Fund.
Here are 12 key members and their salaries:
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- Compensation: $130,390
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- Other: $87,910
- Compensation: $128,242
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- Other: $87,945
Where can I find the form 990 for Glaziers Union Local No 27 Apprenticeship Fund?
Glaziers Union Local No 27 Apprenticeship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Glaziers Union Local No 27 Apprenticeship Fund
Glaziers Union Local No 27 Apprenticeship Fund is dedicated to educating individuals selected for apprenticeship positions in the skill of glazing. This nonprofit organization's primary mission is to impart the necessary knowledge and techniques required for glazing work to its apprentices. By doing so, it contributes to the development of skilled laborers in the glazing industry. The fund's activities are centered around teaching the intricacies of glazing, enabling apprentices to become proficient in their craft. This mission aligns with the broader objective of ensuring a sustained and skilled workforce in the glazing sector.
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Impact
July, 2024
The Glaziers Union Local No 27 Apprenticeship Fund has a significant impact on individuals selected for apprenticeship positions by providing them with the necessary skills and training in glazing. Through this program, individuals can learn the specialized skills required for a career in the glazier industry, helping them secure employment and develop a sustainable livelihood. The apprenticeship fund plays a crucial role in supporting economic growth by fostering a skilled workforce in the glazing trade, contributing to the overall success of the construction industry.
This information is meant to be a general summary of Glaziers Union Local No 27 Apprenticeship 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: $3,641
- Program Service Revenue: $1,107,097
- Gross Receipts: $2,322,946
Assets and Liabilities:
- Total Assets: $1,247,643
- Total Liabilities: $218,716
- Net Assets: $1,028,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,106,197
APPLICATION FEES
Revenue
$900
Organization Details
Founding Year
1970
Phone
(708) 443-9000Principal Officer
Michael Mabus
Main Address
4225 LAWNDALE AVENUE, LYONS, IL, 60534
NTEE Category
Code: B30 - Education
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