Overview
What is Sheet Metal Workers J&A Train Tr Fund?
Sheet Metal Workers J&A Train Tr Fund is a nonprofit entity situated in San Antonio, Texas, at 11 Burwood Lane. Its primary mission is to offer educational opportunities to approximately 160 apprentices who are affiliated with the Sheet Metal Workers Local Union No. 67. The fund's activities are geared towards the professional growth and development of its members, with 20 apprentices graduating during the previous academic year. The organization's efforts contribute to the advancement and skills enhancement of the sheet metal workforce in the local union.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
The Sheet Metal Workers J&A Train Tr Fund has received a low rating of 54%, resulting in a One-Star designation. This rating reflects significant concerns primarily related to the organization's financial metrics, which have heavily influenced its overall score. While the charity has a strong accountability and finance structure, it has failed to demonstrate effective program spending, which is crucial for nonprofit sustainability.
The organization exhibits some strengths, including a fully independent board consisting of 12 members, an effective audit and oversight committee, and comprehensive governance policies such as conflict of interest and whistleblower protections. These factors contribute positively to the charity's governance score. However, the organization’s program expense ratio is notably low at 45.62%, which raises questions about its efficiency in using funds for its stated mission.
In addition to the low program expense ratio, the charity has a concerning liabilities to assets ratio of 0.32%, indicating potential financial vulnerability. Furthermore, the absence of its tax form on the nonprofit's website could signal issues with transparency. Overall, while the charity has solid governance practices, its financial metrics suggest important improvements are needed to enhance its effectiveness and accountability in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Workers J&A Train Tr Fund legitimate?
Sheet Metal Workers J&A Train Tr Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Workers J&A Train Tr 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: $264,479
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,480
For more financial information, click here
What is the mission statement of Sheet Metal Workers J&A Train Tr Fund?
The Sheet Metal Workers J&A Train Tr Fund's mission is centered around education. Specifically, it aims to offer educational opportunities to apprentices and journeyworkers who are part of the Sheet Metal Workers Local Union No. 67. The fund provides education to approximately 160 apprentices within this union, with around 20 graduating each school year. This educational initiative is a key part of the fund's mission, aiming to support and develop the skills of its members in the sheet metal work trade.
Who is the CEO of Sheet Metal Workers J&A Train Tr Fund?
Doug John is the Training Coordinator of Sheet Metal Workers J&A Train Tr Fund.
What is the revenue of Sheet Metal Workers J&A Train Tr Fund?
Sheet Metal Workers J&A Train Tr Fund's revenue in 2022 was $1,541,750.
Who are the executives of Sheet Metal Workers J&A Train Tr Fund and what are their salaries?
The average compensation at Sheet Metal Workers J&A Train Tr Fund during 2022 was $20,476. There are 23 employees and 12 volunteers at Sheet Metal Workers J&A Train Tr Fund.
Here are 16 key members and their salaries:
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- Compensation: $96,592
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- Other: $25,240
- Compensation: $9,899
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Where can I find the form 990 for Sheet Metal Workers J&A Train Tr Fund?
Sheet Metal Workers J&A Train Tr Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers J&A Train Tr Fund
The Sheet Metal Workers J&A Train Tr Fund is dedicated to providing education to its members, specifically focused on the apprentices and journeymen of the Sheet Metal Workers Local Union No. 67. This nonprofit organization's mission is to equip these individuals with the necessary skills and knowledge required for their respective roles in the sheet metal industry. Through its educational programs, the Sheet Metal Workers J&A Train Tr Fund aims to foster growth and development among its members, ultimately contributing to the overall success of the union and the industry as a whole. During the school year, the fund provides education to approximately 160 apprentices who are part of the Sheet Metal Workers Local Union No. 67. Out of these, 20 apprentices successfully graduate, demonstrating the effectiveness of the educational initiatives offered by the Sheet Metal Workers J&A Train Tr Fund.
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Impact
July, 2024
The Sheet Metal Workers J&A Train Tr Fund directly impacts approximately 160 apprentices who are members of the Sheet Metal Workers Local Union No. 67 by providing education and training opportunities. The organization plays a crucial role in preparing these apprentices for successful careers in the sheet metal industry. Additionally, the Trust's effort resulted in 20 apprentices graduating during a recent school year, highlighting its effectiveness in advancing the skills and knowledge of its members. Through its mission to provide education to apprentices and journeymen, the Sheet Metal Workers J&A Train Tr Fund actively contributes to the development of a skilled workforce within the industry.
This information is meant to be a general summary of Sheet Metal Workers J&A Train Tr 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: $92
- Program Service Revenue: $1,329,141
- Gross Receipts: $1,541,750
Assets and Liabilities:
- Total Assets: $3,270,279
- Total Liabilities: $5,366
- Net Assets: $3,264,913
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,329,141
Organization Details
Founding Year
1971
Phone
(210) 349-3350Principal Officer
Doug John
Main Address
11 BURWOOD LANE, SAN ANTONIO, TX, 78216
NTEE Category
Code: J22 - Employment
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