Overview
What is Iupat - Finishing Trades Institute?
Iupat - Finishing Trades Institute is a prominent nonprofit organization situated in Hanover, Maryland. Their primary mission is to fostering the development, promotion, and conduct of training and educational programs, including courses, conferences, seminars, contests, and awards for workers within the trades represented by the International Union of Painters and Allied Trades, AFL-CIO. The institute aims to enhance the job skills of both novice and experienced union members. Their purpose extends beyond just training, as they also maintain and uphold joint apprenticeship and vocational training, education, and retraining programs throughout the United States and Canada, ensuring the programs' quality is consistently at its best. The institute is staffed by 16 dedicated individuals.
Official website here: www.ifti.edu/
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)**
The IUPAT - Finishing Trades Institute holds a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in Accountability and Finance. A majority of its board members are independent, and it demonstrates strong financial practices, with no material asset diversion reported. However, it lacks essential governance policies like conflict of interest and whistleblower policies, which may raise concerns about its operational transparency.
While the organization shows a good program expense ratio, indicating a significant allocation of funds towards its mission, the absence of scores for Impact & Measurement, Culture & Community, and Leadership & Adaptability suggests areas that could benefit from improvement. This underscores the need for the organization to develop more comprehensive metrics to gauge its effectiveness and community engagement.
User reviews from GreatNonprofits are not available at this time, leaving a gap in firsthand feedback from participants or stakeholders. Nonetheless, the overall rating points to a nonprofit that is financially accountable but may need to enhance its governance policies and impact assessment mechanisms.
This AI summary has been generated from information found on Charity Navigator.
Is Iupat - Finishing Trades Institute legitimate?
Iupat - Finishing Trades Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iupat - Finishing Trades Institute 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: $1,663,455
For more financial information, click here
Official website here: www.ifti.edu/
What is the mission statement of Iupat - Finishing Trades Institute?
The Iupat - Finishing Trades Institute's primary objective is to establish and maintain top-tier joint apprenticeship and vocational training, education, and retraining programs. This mission extends across the United States and Canada, ensuring that all training and apprenticeship programs maintain a high standard of quality. The institute also develops, promotes, and conducts various educational courses, seminars, and events to teach the trades represented by the International Union of Painters and Allied Trades, AFL-CIO, and enhance the job skills of experienced union members.
Official website here: www.ifti.edu/
Who is the CEO of Iupat - Finishing Trades Institute?
James A Williams Jr is the Co-Chairman (P) of Iupat - Finishing Trades Institute.
Official website here: www.ifti.edu/
What is the revenue of Iupat - Finishing Trades Institute?
Iupat - Finishing Trades Institute's revenue in 2022 was $8,227,781.
Official website here: www.ifti.edu/
Who are the executives of Iupat - Finishing Trades Institute and what are their salaries?
The average compensation at Iupat - Finishing Trades Institute during 2022 was $103,966. There are 16 employees at Iupat - Finishing Trades Institute.
Here are 25 key members and their salaries:
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- Compensation: $82,297
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- Compensation: $125,503
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- Other: $35,681
Official website here: www.ifti.edu/
Where can I find the form 990 for Iupat - Finishing Trades Institute?
Iupat - Finishing Trades Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ifti.edu/
Learn more at the official website: www.ifti.edu/
Mission Statement of Iupat - Finishing Trades Institute
Iupat - Finishing Trades Institute, a renowned organization, is committed to establishing and maintaining high-quality joint apprenticeship and vocational training, education, and retraining programs. Their mission is twofold: firstly, they strive to ensure that all such programs across the United States and Canada are maintained at an exceptionally high level of quality. Secondly, they develop, promote, and conduct various training and education courses, conferences, seminars, contests, and awards. These initiatives aim to educate workers in the trades represented by the International Union of Painters and Allied Trades, AFL-CIO, enhancing the job skills of experienced union members. In essence, Iupat - Finishing Trades Institute is dedicated to fostering excellence in vocational training and skill development within its represented trades.
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Impact
July, 2024
Iupat - Finishing Trades Institute's impact lies in establishing and maintaining high-quality apprenticeship and vocational training programs for workers in the United States and Canada. By providing education and retraining opportunities, FTI enhances the job skills of union members in the trades represented by the International Union of Painters and Allied Trades, AFL-CIO. This effort ultimately contributes to the improvement of employment prospects and the overall competence of workers in these industries.
This information is meant to be a general summary of Iupat - Finishing Trades Institute. 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: $123,037
- Program Service Revenue: $7,703,596
- Gross Receipts: $10,760,236
Assets and Liabilities:
- Total Assets: $15,978,358
- Total Liabilities: $991,245
- Net Assets: $14,987,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$7,684,950
EXPENSE REIMBURSEMENTS
Revenue
$18,646
Organization Details
Founding Year
1995
Phone
(410) 564-5850Principal Officer
James A Williams Jr
Main Address
7230 PARKWAY DRIVE, HANOVER, MD, 21076
Website
www.ifti.edu/NTEE Category
Code: J22 - Employment
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