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Plumbers & Steamfitters Local 184 Education And 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: 610723681 ✦ Paducah, KY ✦ Designated as a 501(c)(3)

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Overview

What is Plumbers & Steamfitters Local 184 Education And Training Fund?

Plumbers & Steamfitters Local 184 Education and Training Fund is a nonprofit organization situated in Paducah, Kentucky, with a focus on promoting advancement in the pipe fitting industry. They achieve this goal by negotiating collective bargaining agreements that offer benefits to union members, including job placements and other perks. The organization's primary mission is to administer and operate an apprenticeship training program for the plumbing and pipefitting industry. With a workforce of 17 dedicated individuals, they contribute to the skilled workforce development in this sector.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% - Four-Star out of Four Star Rating

Plumbers & Steamfitters Local 184 Education And Training Fund has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 90% overall, with its evaluation predominantly based on its accountability and finance practices. This high score indicates a commitment to transparency and good financial management, which are critical for building trust with donors and stakeholders.

The organization demonstrates notable strengths, including a fully independent board of directors and excellent oversight with 100% of its board members being independent. It has also established effective governance policies, such as conflict of interest and whistleblower policies, ensuring ethical standards are upheld. Furthermore, the Fund shows strong fiscal health, with a low liabilities to assets ratio of 3.07% and a high program expense ratio of 92.50%, indicating that it dedicates a significant portion of its resources directly to its educational and training initiatives.

While the data points to a well-managed organization, a deeper analysis of its program outcomes and community impact would provide a more comprehensive view of its effectiveness. However, based solely on financial and governance metrics, the Plumbers & Steamfitters Local 184 Education And Training Fund stands out as a reliable nonprofit committed to its mission.


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

Is Plumbers & Steamfitters Local 184 Education And Training Fund legitimate?

Plumbers & Steamfitters Local 184 Education And Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plumbers & Steamfitters Local 184 Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $422,184

For more financial information, click here

What is the mission statement of Plumbers & Steamfitters Local 184 Education And Training Fund?

The Plumbers & Steamfitters Local 184 Education and Training Fund is dedicated to overseeing an apprenticeship training program within the plumbing and pipefitting industry. Their mission is to stimulate the progress of the pipefitting sector through collective bargaining agreements, which offer various benefits to union members. These benefits encompass job placement opportunities and additional advantages. The primary goal of this organization is to advance the plumbing and pipefitting industry through comprehensive training programs.

Who is the CEO of Plumbers & Steamfitters Local 184 Education And Training Fund?

Keith Murt is the Trustee of Plumbers & Steamfitters Local 184 Education And Training Fund.

What is the revenue of Plumbers & Steamfitters Local 184 Education And Training Fund?

Plumbers & Steamfitters Local 184 Education And Training Fund's revenue in 2023 was $1,401,005.

Who are the executives of Plumbers & Steamfitters Local 184 Education And Training Fund and what are their salaries?

The average compensation at Plumbers & Steamfitters Local 184 Education And Training Fund during 2023 was $24,834. There are 17 employees at Plumbers & Steamfitters Local 184 Education And Training Fund.


Here are 7 key members and their salaries:


Derek Sanderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Murt (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rory Toombs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Farris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Richardson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Defew (Training Director)
  • Compensation: $96,065
  • Related: $0
  • Other: $0
Where can I find the form 990 for Plumbers & Steamfitters Local 184 Education And Training Fund?

Plumbers & Steamfitters Local 184 Education And Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Plumbers & Steamfitters Local 184 Education And Training Fund

Plumbers & Steamfitters Local 184 Education and Training Fund is dedicated to advancing the piping industry through its operation and administration of an apprenticeship training program. This nonprofit organization, with a mission in third person, aims to promote the plumbing and pipefitting sector by leveraging collective bargaining agreements. These agreements provide numerous benefits to union members, including securing job placements and other perks, thereby contributing significantly to the growth and development of the pipefitting industry.

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Impact




July, 2024

Plumbers & Steamfitters Local 184 Education And Training Fund plays a crucial role in advancing the plumbing and pipefitting industry through its administration and operation of an apprenticeship training program. By providing structured training and education opportunities, the fund equips individuals with the necessary skills and knowledge to excel in these industries. This not only benefits the apprentices themselves by enhancing their job prospects and earning potential but also contributes to the overall growth and professionalism of the plumbing and pipefitting sector. Through its focus on education and training, Plumbers & Steamfitters Local 184 Education And Training Fund creates a positive impact on the individuals, the industry, and the community as a whole.




This information is meant to be a general summary of Plumbers & Steamfitters Local 184 Education 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.

Revenue
$1,401,005 (2023)
Expenses
$1,433,806 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,870
  • Program Service Revenue: $1,385,814
  • Gross Receipts: $1,401,005

Assets and Liabilities:

  • Total Assets: $2,522,623
  • Total Liabilities: $77,631
  • Net Assets: $2,444,992

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Programs

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

CONTRACTOR CONTRIBUTIO

Revenue

$776,123

REIMBURSEMENT GRANT

Revenue

$548,131

KY APPRENTICESHIP CONT

Revenue

$40,080

REGULAR FEES

Revenue

$16,830

PLUMBERS CONTINUING ED

Revenue

$3,040

Organization Details

Founding Year

1970

Principal Officer

Keith Murt

Main Address

5820 BENTON ROAD, PADUCAH, KY, 42003

NTEE Category

Code: B99 - Education

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