Overview
What is Pipeliners Voluntary Fund?
The Pipeliners Voluntary Fund is a charitable organization, functioning as a public entity, dedicated to providing aid to individuals experiencing financial hardships. It offers support to eligible workers and their families who have encountered job losses, injuries on the job, or other financial adversities. Moreover, this nonprofit organization awards scholarships to deserving students, including members' family members and grandchildren, during their initial college semesters to motivate their pursuit of academic and career goals. By doing so, the Pipeliners Voluntary Fund aims to contribute positively to the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
The Pipeliners Voluntary Fund has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. With a score of 67%, the organization shows strong financial management, particularly in program spending, where 99.42% of its expenses are directed toward its programs. However, the lack of independent board members and various missing policies raise concerns about governance.
Significant weaknesses were noted in the areas of board independence and policy documentation. The charity has no independent members on its board, which could affect decision-making and oversight. Additionally, essential documents such as conflict of interest and whistleblower policies are missing, which are crucial for maintaining transparency and accountability within the organization.
While the charity has solid financial practices, including no material diversion of assets and a good liabilities to assets ratio, the overall governance issues could impact donor confidence. Addressing these gaps in governance and policy documentation would be beneficial for enhancing the organization's credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pipeliners Voluntary Fund legitimate?
Pipeliners Voluntary Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pipeliners Voluntary 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: $0
For more financial information, click here
What is the mission statement of Pipeliners Voluntary Fund?
The Pipeliners Voluntary Fund is committed to providing charitable aid to individuals who have experienced economic hardships. This assistance is extended to qualified workers and their families, including those who have been injured on the job, lost their employment, or faced financial challenges due to various circumstances. Additionally, the fund offers scholarships to eligible students, encouraging them to pursue their academic goals with determination. By providing this aid and educational support, the Pipeliners Voluntary Fund aims to assist those in need and foster the growth and success of future generations.
Who is the CEO of Pipeliners Voluntary Fund?
Justin Wallace is the Director of Pipeliners Voluntary Fund.
What is the revenue of Pipeliners Voluntary Fund?
Pipeliners Voluntary Fund's revenue in 2022 was $567,454.
Who are the executives of Pipeliners Voluntary Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $328,814
- Other: $164,712
- Compensation: $0
- Related: $317,746
- Other: $163,644
- Compensation: $0
- Related: $6,900
- Other: $0
Where can I find the form 990 for Pipeliners Voluntary Fund?
Pipeliners Voluntary Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pipeliners Voluntary Fund
The Pipeliners Voluntary Fund is a charitable organization dedicated to providing aid to individuals who have experienced economic hardship. This nonprofit extends its support to qualified workers and their families, offering assistance on an as-needed basis. The circumstances that may lead to a person seeking aid can range from job loss to injuries sustained on the job. Beyond offering charitable aid, the Pipeliners Voluntary Fund also awards scholarships to deserving students. These scholarships are available to members' families, including their spouses, children, and grandchildren, who are enrolled in their first semester of college. This initiative encourages students to strive towards their career goals while alleviating some of the financial burden associated with higher education.
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Impact
July, 2024
Pipeliners Voluntary Fund's impact can be seen in its provision of charitable aid to qualified individuals facing economic hardship and its awarding of scholarships to deserving students. By offering assistance to working individuals and families in times of need, including those who have been injured on the job or experienced financial setbacks, the organization plays a crucial role in supporting the well-being of its community members. Furthermore, through its scholarship program, Pipeliners Voluntary Fund helps individuals pursue their educational goals and work towards fulfilling career aspirations. This dual approach of providing financial assistance to those in need and investing in the education of future professionals exemplifies the organization's commitment to making a positive impact on society.
This information is meant to be a general summary of Pipeliners Voluntary 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: $133,394
- Gross Receipts: $581,983
Assets and Liabilities:
- Total Assets: $3,761,442
- Total Liabilities: $0
- Net Assets: $3,761,442
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Organization Details
Founding Year
2001
Phone
(918) 622-1900Principal Officer
Justin Wallace
Main Address
4823 S 83RD EAST AVE, TULSA, OK, 74145
NTEE Category
Code: B82 - Education
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