Overview
What is Operating Engineers Local No 37 Apprenticeship And Training Fund?
Operating Engineers Local No 37 Apprenticeship and Training Fund is a nonprofit organization dedicated to offering educational opportunities to its participants. Their primary mission is to provide comprehensive training, equipping individuals with the necessary skills to excel in their respective fields. By doing so, they contribute significantly to the workforce, ensuring a steady supply of proficient operating engineers. The fund's activities revolve around this mission, providing a platform for learning and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Operating Engineers Local No 37 Apprenticeship And Training Fund has received a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. The organization demonstrates high marks in several key areas, including a 94% score for Accountability & Finance, which indicates robust governance and management practices.
One of the notable strengths of the organization is its governance structure, featuring 83% independent board members and a well-defined conflict of interest policy. Financial oversight is also commendable, with a perfect score in audit and oversight, as well as a low liabilities to assets ratio of just 0.32%. Furthermore, a significant portion of its expenses, 72.37%, is directed towards program services, showcasing effective resource allocation toward its mission.
Overall, the organization is well-positioned in terms of transparency and accountability, with no reported material diversion of assets. While the data highlights strong governance and financial performance, continuous efforts in maintaining these standards will be essential for ongoing success and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Operating Engineers Local No 37 Apprenticeship And Training Fund legitimate?
Operating Engineers Local No 37 Apprenticeship And Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Local No 37 Apprenticeship And 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: $161,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $255,662
For more financial information, click here
What is the mission statement of Operating Engineers Local No 37 Apprenticeship And Training Fund?
The Operating Engineers Local No 37 Apprenticeship and Training Fund is committed to providing training opportunities for its participants. Their mission is centered around equipping individuals with the necessary skills and knowledge to excel in their respective fields. By offering comprehensive training programs, they aim to contribute to the personal and professional growth of their trainees, ultimately enhancing their employability and career prospects. The fund's activities are geared towards empowering individuals to reach their full potential in the operating engineers sector.
Who is the CEO of Operating Engineers Local No 37 Apprenticeship And Training Fund?
Robert Holsey is the Chairman of Operating Engineers Local No 37 Apprenticeship And Training Fund.
What is the revenue of Operating Engineers Local No 37 Apprenticeship And Training Fund?
Operating Engineers Local No 37 Apprenticeship And Training Fund's revenue in 2022 was $1,123,498.
Who are the executives of Operating Engineers Local No 37 Apprenticeship And Training Fund and what are their salaries?
The average compensation at Operating Engineers Local No 37 Apprenticeship And Training Fund during 2022 was $83,411. There are 5 employees at Operating Engineers Local No 37 Apprenticeship And Training Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $129,202
- Other: $60,566
- Compensation: $0
- Related: $109,710
- Other: $60,759
- Compensation: $102,280
- Related: $0
- Other: $59,114
- 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 Operating Engineers Local No 37 Apprenticeship And Training Fund?
Operating Engineers Local No 37 Apprenticeship And Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Operating Engineers Local No 37 Apprenticeship And Training Fund
Operating Engineers Local No 37 Apprenticeship and Training Fund is committed to providing training opportunities for its participants. This nonprofit organization's mission is to equip individuals with the necessary skills and knowledge in their respective fields. By offering comprehensive training programs, it empowers its participants to excel in their careers and contribute positively to their communities. The fund's activities are centered around providing a platform for learning and growth, ensuring that its beneficiaries are well-equipped to meet the demands of their professions.
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Impact
July, 2024
Operating Engineers Local No 37 Apprenticeship And Training Fund's impact lies in providing valuable training to fund participants, equipping them with the skills and knowledge necessary to excel in their chosen field. Through this program, individuals are given the opportunity to enhance their employability and advance their careers, ultimately contributing to a more skilled and competent workforce. By investing in the development of individuals, the fund plays a crucial role in fostering economic growth and prosperity within the community.
This information is meant to be a general summary of Operating Engineers Local No 37 Apprenticeship And 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$7,342
- Program Service Revenue: $1,130,840
- Gross Receipts: $1,159,656
Assets and Liabilities:
- Total Assets: $5,943,606
- Total Liabilities: $19,354
- Net Assets: $5,924,252
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,130,840
Organization Details
Founding Year
1966
Phone
(410) 254-9595Principal Officer
Robert Holsey
Main Address
3615 NORTH POINT BOULEVARD NO C, BALTIMORE, MD, 21222
NTEE Category
Code: J22 - Employment
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