Overview
What is Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus?
Associated Builders & Contractors Apprenticeship & Craft Training Education Trust, based in St. Rose, Louisiana (101 Riverbend Drive, LA 70087), is a nonprofit organization dedicated to educating individuals in various crafts essential for the construction industry. Their mission is to assist in the training and development of individuals, enabling them to enhance or acquire necessary skills in sectors such as carpentry, sheet metal work, electrical work, and more. The organization offers a range of educational resources to its members, aiming to bolster the construction industry by providing a skilled workforce. With a team of 28 employees, they strive to contribute significantly to the development of the construction sector.
Official website here: www.abcbayou.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Associated Builders & Contractors Apprenticeship & Craft Training Education Trust has received an 83% rating from Charity Navigator, which translates to a Three-Star rating. This score reflects a strong performance in the Accountability & Finance category, indicating that the organization maintains good practices in financial oversight and governance.
Key strengths of the organization include a fully independent board, which scored 100% on majority independent board members, and a solid financial management structure, including a low liabilities-to-assets ratio of 3.88%. The charity has also demonstrated comprehensive governance policies, such as having a conflict of interest policy and a whistleblower policy in place, all of which contribute to its accountability.
However, the organization did receive a lower score in the Program Expense Ratio, which stands at 59.58%. This suggests that a significant portion of their expenses may not be directed toward program services, potentially raising questions about the efficiency of funds used for their intended educational purposes. Overall, while the charity shows strong governance, there may be areas for improvement in maximizing the impact of its expenditures.
This AI summary has been generated from information found on Charity Navigator.
Is Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus legitimate?
Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus 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: $106,200
For more financial information, click here
Official website here: www.abcbayou.org
What is the mission statement of Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus?
The Associated Builders & Contractors Apprenticeship & Craft Training Education Trust's mission is focused on aiding in the education and skill development of individuals within the construction industry. This is achieved by providing its members with a wealth of educational resources encompassing various crafts commonly utilized in construction, such as carpentry, sheet metal work, and electrical work, among others. The trust's goal is to equip individuals with the necessary skills, thereby enhancing their capabilities in the construction sector.
Official website here: www.abcbayou.org
Who is the CEO of Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus?
Byron Ragan is the Trustee of Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus.
Official website here: www.abcbayou.org
What is the revenue of Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus?
Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus's revenue in 2022 was $673,692.
Official website here: www.abcbayou.org
Who are the executives of Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus and what are their salaries?
The average compensation at Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus during 2022 was $3,793. There are 28 employees at Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus.
Here are 7 key members and their salaries:
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- Related: $110,954
- Other: $10,883
Official website here: www.abcbayou.org
Where can I find the form 990 for Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus?
Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abcbayou.org
Learn more at the official website: www.abcbayou.org
Mission Statement of Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus
The Associated Builders & Contractors Apprenticeship & Craft Training Education Trust is committed to assisting in the training and development of individuals, helping them to acquire or enhance their skills in various crafts utilized within the construction industry. With this mission in mind, the organization provides its members with educational resources in all crafts, ensuring a well-equipped workforce for the construction sector. By educating apprentices and other individuals in trades such as carpentry, sheet metal work, electrical work, and more, the Trust contributes to the continuous growth and success of the construction industry.
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Impact
July, 2024
The impact of the Associated Builders & Contractors Apprenticeship & Craft Training Education Trust is significant in the construction industry. By providing educational resources and training programs in various crafts such as carpentry, sheet metal work, electrical, and more, the trust equips individuals with the skills needed to excel in these fields. This not only benefits the individuals by enhancing their competencies but also contributes to the overall quality of work in the construction sector. The trust's focus on training and development plays a crucial role in preparing a skilled workforce to meet the demands of the industry, ultimately fostering growth and excellence in construction practices.
This information is meant to be a general summary of Associated Builders & Contractors Appren Ticeship & Craft Training Education Trus. 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: $256
- Program Service Revenue: $622,491
- Gross Receipts: $727,764
Assets and Liabilities:
- Total Assets: $1,490,855
- Total Liabilities: $57,899
- Net Assets: $1,432,956
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION AND TUITI
Revenue
$504,908
BOOK SERVICE FEES
Revenue
$49,273
MANAGEMENT EDUCATION
Revenue
$39,540
WELDING CONSUMABLES
Revenue
$28,770
Organization Details
Founding Year
2004
Phone
(504) 468-3188Principal Officer
Byron Ragan
Main Address
101 RIVERBEND DRIVE, ST ROSE, LA, 70087
Website
www.abcbayou.orgNTEE Category
Code: T03 - Philanthropy
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