Overview
What is Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities?
The Finishing Trades Institute of Maryland, Virginia, Washington D.C., and its surrounding areas is a nonprofit organization dedicated to providing apprenticeship and vocational training programs. Their primary objective is to establish and maintain education, retraining, and joint apprenticeship programs, aimed at upskilling individuals in their respective trades. The institute's mission is to foster a supportive learning environment, equipping individuals with the necessary skills to thrive in their respective professions. By offering these programs, the Finishing Trades Institute plays a significant role in promoting skilled labor and workforce development in the specified regions.
Official website here: www.iupatdc51.com/dc51pg5.htm
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Finishing Trades Institute of Maryland, Virginia, Washington DC, and Vicinities has achieved a commendable score of 88%, reflecting its strong performance in accountability and finance. This score is largely driven by its high marks in several key areas, including a solid program expense ratio of 84.02%, indicating that a substantial portion of its budget is allocated to its programs rather than administrative costs.
Strengths of the organization include having a majority of independent board members, which supports governance and oversight. Additionally, the charity has demonstrated effective financial practices, with no reported material diversion of assets and a favorable liabilities-to-assets ratio of 35.60%. These factors contribute to a transparent and responsible financial structure.
However, there are notable limitations, particularly the absence of a conflict of interest policy and a whistleblower policy, which could impact governance effectiveness. Furthermore, the organization has not posted its tax form on its website, which is a missed opportunity for transparency. While the overall score is strong, addressing these areas could enhance trust and accountability with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities legitimate?
Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities 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: $391,149
For more financial information, click here
Official website here: www.iupatdc51.com/dc51pg5.htm
What is the mission statement of Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities?
The Finishing Trades Institute, in its mission, strives to establish and preserve joint apprenticeship and vocational training programs. Its primary objective is to offer education, retraining, and joint apprenticeship opportunities, ensuring the continuity of these initiatives. The organization's programs aim to provide a platform for skill development and career advancement in various trades.
Official website here: www.iupatdc51.com/dc51pg5.htm
Who is the CEO of Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities?
Brian Courtien is the Trustee-Labor of Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities.
Official website here: www.iupatdc51.com/dc51pg5.htm
What is the revenue of Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities?
Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities's revenue in 2022 was $1,146,031.
Official website here: www.iupatdc51.com/dc51pg5.htm
Who are the executives of Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities and what are their salaries?
The average compensation at Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities during 2022 was $65,192. There are 6 employees at Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $117,943
- Other: $47,924
- Compensation: $0
- Related: $107,411
- Other: $44,301
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $140,178
- Other: $55,171
- Compensation: $0
- Related: $107,281
- Other: $44,301
Official website here: www.iupatdc51.com/dc51pg5.htm
Where can I find the form 990 for Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities?
Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iupatdc51.com/dc51pg5.htm
Learn more at the official website: www.iupatdc51.com/dc51pg5.htm
Mission Statement of Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities
The Finishing Trades Institute of Maryland, Virginia, Washington D.C., and Vicinities is dedicated to fulfilling a mission that involves establishing and maintaining joint apprenticeship and vocational training, education, and retraining programs. This nonprofit organization works tirelessly to provide individuals with the necessary skills and knowledge through these programs, aiming to ensure that education, retraining, and joint apprenticeship opportunities are readily available. By doing so, the Finishing Trades Institute contributes to the development of a skilled workforce, thus strengthening various industries.
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Impact
July, 2024
The impact of the Finishing Trades Institute of Maryland Virginia Washington DC and Vicinities is significant in providing apprenticeship and vocational training programs. By offering these programs, the institute contributes to the development of skilled workers in the finishing trades industry. Through education, retraining, and joint apprenticeship initiatives, the institute helps individuals gain the necessary skills and knowledge to secure employment and excel in their careers. This impact not only benefits the individuals who undergo training but also supports the growth and success of the finishing trades sector in the region.
This information is meant to be a general summary of Finishing Trades Institute Of Maryland Virginia Washington Dc And Vicinities. 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.
- Program Service Revenue: $982,425
- Gross Receipts: $1,146,031
Assets and Liabilities:
- Total Assets: $2,436,121
- Total Liabilities: $901,315
- Net Assets: $1,534,806
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$972,948
REIMBURSEMENTS
Revenue
$6,437
DRUG TESTING FEES
Revenue
$3,040
Organization Details
Founding Year
1955
Phone
(301) 420-0205Principal Officer
Brian Courtien
Main Address
4700 BOSTON WAY, LANHAM, MD, 20706
NTEE Category
Code: J22 - Employment
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