Carpenters International Training Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 526447063 ✦ Las vegas, NV ✦ Designated as a 501(c)(5)

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Overview

What is Carpenters International Training Fund?

The Carpenters International Training Fund is a nonprofit organization based in Las Vegas, Nevada, with a workforce of 28 employees. Their primary role is to establish a central support structure for affiliated joint apprenticeship and training, as well as health and safety education committees. This means they provide essential resources and guidance to help these committees function effectively. Their mission is to foster a robust, skilled workforce within the carpentry industry, ensuring a safe and productive work environment for all.

What are the reviews and ratings of this charity?

The Carpenters International Training Fund is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization, which limits the types of evaluations it can receive. The absence of this rating does not imply any judgment on the organization's impact or effectiveness; it merely reflects that it falls outside the current rating system's scope.

Charity Navigator primarily evaluates organizations based on various metrics like accountability, finance, and other operational factors but cannot do so for this fund due to its classification. This could mean that the fund operates independently of certain financial and accountability disclosures required by 501(c)(3) organizations.

Since the organization is not rated by Charity Navigator and has no reviews on GreatNonprofits, it is challenging to provide an overall assessment or derive specific insights into its activities, strengths, or areas for improvement. Stakeholders might benefit from reaching out directly to the fund for more information or seeking alternate sources that might provide testimonials or operational insights.


This AI summary has been generated from information found on Charity Navigator.

Is Carpenters International Training Fund legitimate?

Carpenters International Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Carpenters International 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: $343,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,534,365

For more financial information, click here

What is the mission statement of Carpenters International Training Fund?

The Carpenters International Training Fund serves as a central support system for affiliated joint apprenticeship and training, as well as health and safety education committees. Its mission is to provide essential resources and structure, facilitating the effective functioning of these committees. The organization focuses on enhancing the quality of training programs and ensuring the implementation of rigorous health and safety standards within the carpentry industry. Through its support, the committees can efficiently deliver valuable skills training and promote a safer working environment for carpenters.

Who is the CEO of Carpenters International Training Fund?

Douglas J Mccarron is the Chairman of Carpenters International Training Fund.

What is the revenue of Carpenters International Training Fund?

Carpenters International Training Fund's revenue in 2022 was $50,975,321.

Who are the executives of Carpenters International Training Fund and what are their salaries?

The average compensation at Carpenters International Training Fund during 2022 was $102,789. There are 28 employees at Carpenters International Training Fund.


Here are 18 key members and their salaries:


Douglas J Mccarron (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Donahou (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Flynn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Rowe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Spencer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tharp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Borck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Coar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Hedman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard G Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Clemens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Royce Peters (Executive Director)
  • Compensation: $250,415
  • Related: $0
  • Other: $93,300
Douglas Fagan (Ojt Instructor)
  • Compensation: $148,965
  • Related: $0
  • Other: $28,815
Daniel Armenta (Ojt Instructor)
  • Compensation: $148,965
  • Related: $0
  • Other: $28,815
Chad Mcdonald (Sr. Tech Coordinator)
  • Compensation: $177,745
  • Related: $0
  • Other: $78,785
Andrew Carr (Sr. Tech Coordinator)
  • Compensation: $185,854
  • Related: $0
  • Other: $80,761
Alfonso Bastidos (Ojt Instructor)
  • Compensation: $143,292
  • Related: $0
  • Other: $71,900
Where can I find the form 990 for Carpenters International Training Fund?

Carpenters International Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Carpenters International Training Fund

The Carpenters International Training Fund serves as a central hub for the affiliated joint apprenticeship and training committees, as well as health and safety education committees. In this capacity, it offers essential support to ensure the effective functioning of these entities.

Established with the purpose of providing crucial assistance to its affiliated groups, the Carpenters International Training Fund plays a pivotal role in fostering a robust training infrastructure for the carpentry industry. By offering centralized support, it enables these committees to focus on their primary mission: equipping the next generation of carpenters with the skills and knowledge they need to excel in their craft and build successful careers.

Moreover, the Carpenters International Training Fund's commitment to health and safety education is evident in its mission. By offering centralized resources and expertise, it ensures that the carpentry industry adheres to the highest standards for workplace safety. This not only benefits individual workers but also contributes to the overall well-being of the industry as a whole.

In summary, the Carpenters International Training Fund is a critical partner to the affiliated joint apprenticeship and training committees and health and safety education committees within the carpentry industry. Its central role involves providing essential support structures and resources, enabling these entities to thrive and deliver on their missions. This, in turn, ensures that the carpentry industry remains competitive, innovative, and committed to the professional development and well-being of its workforce.

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Impact




October, 2024

Carpenters International Training Fund significantly enhances the skilled labor landscape by providing vital support to affiliated joint apprenticeship and training programs. By establishing a central support structure, it facilitates effective training and education for apprentices, ensuring they receive high-quality instruction in carpentry and related fields.

In addition to this training support, the organization places a strong emphasis on health and safety education, equipping apprentices and skilled workers with the knowledge and practices necessary to maintain safe working environments. This dual focus not only fosters the professional growth of individuals but also contributes to overall workplace safety standards.

Located in Las Vegas, Nevada, the fund plays a crucial role in bridging the gap between aspiring carpenters and the skills needed in the employment market. Its efforts directly impact workforce preparedness and contribute to the development of a robust, skilled labor force that meets industry demands. Through these initiatives, Carpenters International Training Fund reinforces the value of education and safety in shaping a successful career in the carpentry trade.




This information is meant to be a general summary of Carpenters International 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.

Revenue
$50,975,321 (2022)
Expenses
$43,558,657 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,541,723
  • Program Service Revenue: $48,241,617
  • Gross Receipts: $85,642,873

Assets and Liabilities:

  • Total Assets: $132,329,138
  • Total Liabilities: $16,912,500
  • Net Assets: $115,416,638

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$48,241,617

Organization Details

Founding Year

1990

Principal Officer

Douglas J Mccarron

Main Address

212 CARPENTERS UNION WAY, LAS VEGAS, NV, 89119

NTEE Category

Code: J22 - Employment

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