Overview
What is Alabama Afl-Cio Labor Institute For Training Inc?
Alabama Afl-Cio Labor Institute for Training Inc is a nonprofit organization, specifically focusing on employment, training, and workforce development. Their mission, as detailed, is not explicitly provided in the information, but it can be inferred that they aim to enhance job opportunities and workforce skills through training programs. The organization's activities are within this realm, suggesting a commitment to fostering a skilled and employable workforce in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
The Alabama Afl-Cio Labor Institute For Training Inc has received a Zero-Star out of Four Star rating from Charity Navigator, primarily due to its low score in Accountability & Finance. This rating indicates significant concerns regarding the financial management and transparency of the organization, which can affect potential donors’ trust and willingness to contribute.
While the organization scores well in certain areas such as having a majority of independent board members and maintaining a conflict of interest policy, it falls short in critical aspects such as the size of its independent board and its website presence. Additionally, issues were noted in key financial metrics, including a troubling liabilities to assets ratio and an inadequate program expense ratio, which raise questions about the effective use of resources.
Overall, while the Alabama Afl-Cio Labor Institute For Training Inc demonstrates some commitment to governance, its financial practices and transparency measures require significant improvement to foster confidence among stakeholders and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Alabama Afl-Cio Labor Institute For Training Inc legitimate?
Alabama Afl-Cio Labor Institute For Training Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama Afl-Cio Labor Institute For Training Inc 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: $106,540
For more financial information, click here
What is the mission statement of Alabama Afl-Cio Labor Institute For Training Inc?
Alabama Afl-Cio Labor Institute For Training Inc's primary focus is on employment, training, and workforce development. Their mission, as stated, is to promote this area, likely aiming to enhance employment opportunities and improve the skills of individuals in the workforce. However, due to the limited information provided, the specific details of their mission, such as the goals they aim to achieve or the population they serve, remain unclear.
Who is the CEO of Alabama Afl-Cio Labor Institute For Training Inc?
Rickey Kornegay is the President of Alabama Afl-Cio Labor Institute For Training Inc.
What is the revenue of Alabama Afl-Cio Labor Institute For Training Inc?
Alabama Afl-Cio Labor Institute For Training Inc's revenue in 2022 was $195,298.
Who are the executives of Alabama Afl-Cio Labor Institute For Training Inc and what are their salaries?
The average compensation at Alabama Afl-Cio Labor Institute For Training Inc during 2022 was $53,270. There are 2 employees at Alabama Afl-Cio Labor Institute For Training Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $78,916
- Other: $37,256
- Compensation: $0
- Related: $74,854
- Other: $36,695
Where can I find the form 990 for Alabama Afl-Cio Labor Institute For Training Inc?
Alabama Afl-Cio Labor Institute For Training Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alabama Afl-Cio Labor Institute For Training Inc
Alabama Afl-Cio Labor Institute For Training Inc is dedicated to employment, training, and workforce development. Their mission is to contribute positively to this field, likely by offering educational programs and resources to help individuals acquire the skills necessary to secure and maintain employment. The institute may also focus on workforce development, aiming to prepare individuals for the evolving job market and improve the overall productivity of the workforce. The exact activities and services offered by the institute remain unclear from the provided information.
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Impact
October, 2024
Alabama Afl-Cio Labor Institute For Training Inc plays a crucial role in employment, training, and workforce development in Montgomery, Alabama. By offering resources and training programs, it empowers individuals with the skills needed to secure better job opportunities. This initiative enhances workforce readiness, contributing to the local economy and supporting community growth. Through education and training, the institute fosters a more skilled labor force, which is essential for attracting businesses and improving job prospects in the region.
This information is meant to be a general summary of Alabama Afl-Cio Labor Institute For Training Inc. 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.
- Gross Receipts: $195,298
Assets and Liabilities:
- Total Assets: $24,598
- Total Liabilities: $17,000
- Net Assets: $7,598
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Organization Details
Founding Year
1999
Phone
(334) 834-1061Principal Officer
Rickey Kornegay
Main Address
435 SOUTH MCDONOUGH STREET, MONTGOMERY, AL, 361044225
NTEE Category
Code: B99 - Education
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