Overview
What is Local 44 Jatc Educational Development Trust?
Local 44 Jatc Educational Development Trust is a nonprofit organization situated in Spokane, Washington, with a postal address at 3915 E Main Avenue. Its primary mission is to offer perpetual financial aid for the advancement and updating of apprentice and journeyman training programs in the plumbing and pipefitting sector. By collectively bargained contributions, the trust aims to develop, maintain, and manage these educational programs for the employees of participating employers, thereby strengthening the industry and its workforce.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Local 44 Jatc Educational Development Trust has received a solid Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. With a rating of 86%, the organization demonstrates effective financial management and transparency, essential for fostering donor trust and maintaining operational integrity.
One of the significant strengths is the high percentage of independent board members, which stands at 75%. This independence contributes to sound governance practices, alongside strong financial reporting and a robust conflict of interest policy. The charity also exhibits an impressive program expense ratio of 97.36%, indicating that a substantial portion of its funds is directed towards its mission rather than administrative costs.
While the organization has shown commendable financial practices, the overall rating is based solely on the Accountability & Finance beacon. This could suggest that other areas such as Impact and Innovation may not be evaluated, which might limit a comprehensive assessment of the charity's overall effectiveness and outcomes in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Local 44 Jatc Educational Development Trust legitimate?
Local 44 Jatc Educational Development Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local 44 Jatc Educational Development Trust 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 Local 44 Jatc Educational Development Trust?
The Local 44 JATC Educational Development Trust's primary mission is to collectively gather contributions for the purpose of developing, maintaining, and managing apprentice and journeyman training programs for employees of participating employers in the plumbing and pipefitting industry. This mission is carried out by providing continuous financial support for apprentice training and updating journeyman-level training programs. The Trust's objective is to ensure the continuous growth and development of skilled workers in these industries.
Who is the CEO of Local 44 Jatc Educational Development Trust?
Brett Wideman is the Trustee of Local 44 Jatc Educational Development Trust.
What is the revenue of Local 44 Jatc Educational Development Trust?
Local 44 Jatc Educational Development Trust's revenue in 2022 was $690,304.
Who are the executives of Local 44 Jatc Educational Development Trust and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $900
- Other: $0
- Compensation: $0
- Related: $131,594
- Other: $76,206
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Local 44 Jatc Educational Development Trust?
Local 44 Jatc Educational Development Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 44 Jatc Educational Development Trust
Local 44 Jatc Educational Development Trust is a dedicated organization with a mission to provide ongoing support for the training programs of apprentices and journeymen in the plumbing and pipefitting industry. Through its operations, the Trust collectively gathers agreed-upon contributions to establish, sustain, and manage these educational initiatives. The primary focus of the Trust is to finance the continuous development of apprentice training and to ensure that journeyman level training remains up-to-date, thus ensuring a skilled workforce in the plumbing and pipefitting sector.
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Impact
July, 2024
The impact of Local 44 JATC Educational Development Trust is significant in providing continuous financial support for apprentice and journeyman training programs in the plumbing and pipefitting industry. This support enables employees to receive necessary training updates to enhance their skills and knowledge in their respective fields. Through its mission of developing, maintaining, and administering training programs, the Trust plays a crucial role in ensuring that workers are well-equipped to meet the demands of their profession.
This information is meant to be a general summary of Local 44 Jatc Educational Development Trust. 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: $20,217
- Gross Receipts: $1,064,679
Assets and Liabilities:
- Total Assets: $2,214,827
- Total Liabilities: $0
- Net Assets: $2,214,827
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Organization Details
Founding Year
2004
Phone
(509) 624-5101Principal Officer
Brett Wideman
Main Address
3915 E Main Avenue, Spokane, WA, 99202
NTEE Category
Code: B30 - Education
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