Overview
What is Mid-South Carpenters Regional Council Training Trust Fund?
The Mid-South Carpenters Regional Council Training Trust Fund is a nonprofit organization situated in Chattanooga, Tennessee. Their primary mission is to empower individuals in the carpenter and millwright trades by providing them with qualified instructors, resources like books, materials, and equipment. These resources are essential for apprentice and journeyman training programs, ensuring a comprehensive education and refresher training for skilled workers in these trades. With a staff of 42, this nonprofit is committed to nurturing and supporting the professional development of its members, thereby strengthening the carpentry and millwright industries in the Mid-South region.
Official website here: www.mscrcttf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Mid-South Carpenters Regional Council Training Trust Fund has achieved a remarkable 97% score, earning it a Four-Star rating from Charity Navigator. This high rating is primarily based on the charity's outstanding performance in accountability and finance, reflecting a strong commitment to transparency and responsible financial management. The organization boasts a fully independent board, rigorous oversight practices, and a robust set of policies to govern its operations.
One of the organization's key strengths is its impressive program expense ratio of 81.55%, indicating that a significant portion of its funds directly supports its mission. Additionally, the fundraising efficiency ratio is notably low, at $0.002, suggesting that the organization is effective in its fundraising efforts while keeping costs minimal. The financial health of the organization is further underscored by a healthy working capital ratio of 5.01 years, ensuring it is well-positioned for future sustainability.
While the data does not highlight any limitations or concerns, the overall picture painted by these ratings and metrics indicates a well-managed nonprofit that prioritizes accountability and effective resource allocation. This strong foundation sets a positive example for similar organizations in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-South Carpenters Regional Council Training Trust Fund legitimate?
Mid-South Carpenters Regional Council Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-South Carpenters Regional Council Training Trust 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: $156,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,219,427
For more financial information, click here
Official website here: www.mscrcttf.org
What is the mission statement of Mid-South Carpenters Regional Council Training Trust Fund?
The Mid-South Carpenters Regional Council Training Trust Fund's mission is centered around providing necessary resources for the education and continuous training of eligible individuals in the carpenter and millwright trades. This includes qualified instructors, relevant books, materials, and equipment for both apprentice and journeyman training programs, as well as refresher courses for journey persons. The primary goal is to enhance the skills and knowledge of these professionals, thereby contributing to the growth and development of the carpentry and millwright industries.
Official website here: www.mscrcttf.org
Who is the CEO of Mid-South Carpenters Regional Council Training Trust Fund?
Rickey Moore is the Management Trustee of Mid-South Carpenters Regional Council Training Trust Fund.
Official website here: www.mscrcttf.org
What is the revenue of Mid-South Carpenters Regional Council Training Trust Fund?
Mid-South Carpenters Regional Council Training Trust Fund's revenue in 2022 was $5,900,913.
Official website here: www.mscrcttf.org
Who are the executives of Mid-South Carpenters Regional Council Training Trust Fund and what are their salaries?
The average compensation at Mid-South Carpenters Regional Council Training Trust Fund during 2022 was $32,755. There are 42 employees and 15 volunteers at Mid-South Carpenters Regional Council Training Trust Fund.
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- Compensation: $132,347
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- Other: $23,920
Official website here: www.mscrcttf.org
Where can I find the form 990 for Mid-South Carpenters Regional Council Training Trust Fund?
Mid-South Carpenters Regional Council Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mscrcttf.org
Learn more at the official website: www.mscrcttf.org
Mission Statement of Mid-South Carpenters Regional Council Training Trust Fund
The Mid-South Carpenters Regional Council Training Trust Fund is committed to providing qualified instructors, essential study materials, equipment, and resources for individuals eligible to participate in apprentice and journeyman training programs in the carpenter and millwright trades. Their mission is centered around educating and offering refresher training for journey persons in these trades, ensuring they maintain and enhance their skills. The organization provides the necessary tools and resources, contributing to the development and advancement of skilled workers in the carpenter and millwright industries.
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Impact
July, 2024
The Mid-South Carpenters Regional Council Training Trust Fund has a significant impact on the education and training of individuals in the carpenter and millwright trades. By providing qualified instructors, books, materials, and equipment to those eligible to participate in apprentice and journeyman training programs, as well as offering education and refresher training to journey persons, the Trust Fund plays a crucial role in developing skilled workers in these industries. Their dedication to ensuring high-quality training opportunities contributes to the growth and success of the carpentry and millwright sectors, ultimately benefiting both individuals and the broader community.
This information is meant to be a general summary of Mid-South Carpenters Regional Council Training Trust 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: $6,732
- Gross Receipts: $5,900,913
Assets and Liabilities:
- Total Assets: $16,837,106
- Total Liabilities: $3,336,379
- Net Assets: $13,500,727
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Organization Details
Founding Year
1967
Phone
(423) 892-5282Principal Officer
Rickey Moore
Main Address
6136 AIRWAYS BOULEVARD, CHATTANOOGA, TN, 374212969
Website
www.mscrcttf.orgNTEE Category
Code: B60 - Education
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