Overview
What is Heating Piping & Refrigeration Training Fund?
The Heating Piping & Refrigeration Training Fund is a nonprofit organization dedicated to providing education and training programs for apprentice and journeymen steamfitters. Based in Landover, Maryland, with the address 8509 Ardwick Ardmore Road, the organization has a mission to contribute to a trust fund for these purposes. With a team of 97 employees, the Fund focuses on the essential development and skill enhancement of steamfitters, ensuring they meet industry standards and excel in their professions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Heating Piping & Refrigeration Training Fund has earned an 82% rating from Charity Navigator, reflecting a solid level of accountability and finance management. This score is derived entirely from one beacon score, emphasizing the importance of financial health and governance practices within the organization.
The nonprofit demonstrates strong governance, featuring a fully independent board of members and comprehensive audit oversight. With no material diversion of assets reported and well-documented board meeting minutes, it shows a commitment to transparency and responsible management of resources. The program expense ratio of 77.94% indicates a significant portion of funds is directed toward its mission-related activities.
However, there are no specific notes on the organization's program outcomes or community impact in the data reviewed. While financially sound, further information on effectiveness and reach could provide a clearer picture of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Heating Piping & Refrigeration Training Fund legitimate?
Heating Piping & Refrigeration Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heating Piping & Refrigeration 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: $1,106,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $916,653
For more financial information, click here
What is the mission statement of Heating Piping & Refrigeration Training Fund?
The Heating Piping & Refrigeration Training Fund is dedicated to supplying education and training programs for apprentice and journeymen steamfitters. Through donations to a trust fund, this organization facilitates the development and growth of skilled steamfitters in their profession. By offering comprehensive training, it empowers these individuals to excel and contribute effectively to the heating piping and refrigeration industry. The primary goal is to ensure that apprentices and journeymen receive the necessary knowledge and skills to succeed and advance in their careers as steamfitters.
Who is the CEO of Heating Piping & Refrigeration Training Fund?
Christopher Madello is the Training Director of Heating Piping & Refrigeration Training Fund.
What is the revenue of Heating Piping & Refrigeration Training Fund?
Heating Piping & Refrigeration Training Fund's revenue in 2022 was $12,123,226.
Who are the executives of Heating Piping & Refrigeration Training Fund and what are their salaries?
The average compensation at Heating Piping & Refrigeration Training Fund during 2022 was $20,857. There are 97 employees and 6 volunteers at Heating Piping & Refrigeration Training Fund.
Here are 11 key members and their salaries:
- Compensation: $147,322
- Related: $0
- Other: $105,815
- Compensation: $136,392
- Related: $0
- Other: $91,700
- Compensation: $130,786
- Related: $0
- Other: $92,017
- Compensation: $112,758
- Related: $0
- Other: $77,945
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Heating Piping & Refrigeration Training Fund?
Heating Piping & Refrigeration Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heating Piping & Refrigeration Training Fund
The Heating Piping & Refrigeration Training Fund is a nonprofit organization committed to providing education and training programs for apprentice and journeymen steamfitters. Through contributions to a trust fund, this essential institution ensures the availability of valuable learning opportunities, ultimately contributing to the professional growth and development of individuals in this field.
Investing in the future of steamfitting, the Heating Piping & Refrigeration Training Fund prioritizes the education and training of its apprentices and journeymen. By allocating resources towards these programs, it fosters a skilled workforce, enhancing the industry's ability to meet the demands of various projects and maintaining a high standard of craftsmanship.
This philanthropic endeavor is dedicated to empowering the next generation of steamfitters, providing them with the tools and knowledge necessary to excel in their chosen profession. The organization's unwavering commitment to education and training is an investment in the future, not only for the individuals it serves but also for the industry as a whole.
By offering education and training programs, the Heating Piping & Refrigeration Training Fund plays a pivotal role in the development of the steamfitting industry. It ensures that the workforce remains skilled, knowledgeable, and up-to-date with the latest techniques and technologies, perpetuating a cycle of continuous improvement and innovation.
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Impact
October, 2024
The Heating Piping & Refrigeration Training Fund plays a crucial role in the development and advancement of skilled labor in the steamfitting industry. By providing education and training programs for apprentice and journeyman steamfitters, the fund ensures that workers are equipped with the latest techniques and knowledge essential for their profession. This investment in workforce training not only enhances individual skills but also significantly contributes to the overall quality and safety of installations and systems in the heating and refrigeration sectors. The fund's focus on educational programs ultimately leads to a more competent workforce, fostering better job opportunities and economic growth within the community of Landover, MD, and beyond.
This information is meant to be a general summary of Heating Piping & Refrigeration 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: $277,949
- Program Service Revenue: $11,811,402
- Gross Receipts: $12,632,553
Assets and Liabilities:
- Total Assets: $43,256,129
- Total Liabilities: $468,579
- Net Assets: $42,787,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$11,743,851
BOOK/SUPPLY SALES
Revenue
$36,256
APPLICATION FEES
Revenue
$21,350
GRADUATION TICKETS SALES
Revenue
$9,945
Organization Details
Founding Year
1955
Phone
(301) 333-2356Principal Officer
Christopher Madello
Main Address
8509 ARDWICK ARDMORE ROAD, LANDOVER, MD, 20785
NTEE Category
Code: J22 - Employment
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