Overview
What is Michigan Construction Workforce Development Corporation?
Michigan Construction Workforce Development Corporation is a nonprofit organization situated in Okemos, Michigan. Its primary mission is to bolster the Michigan construction industry by attracting potential employees and connecting them with suitable employers. To achieve this goal, the corporation utilizes various resources such as the internet, broadcast media, and digital platforms. It serves as a bridge between construction industry contractors, educational and training institutions, and workers' organizations, promoting a positive image of Michigan's construction industry. The organization's objective is to attract, recruit, educate, train, and support new workers, thereby contributing to the development of a qualified workforce within the industry. It operates under the name Michigan Construction Foundation.
Official website here: www.michiganconstruction.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Star rating)
The Michigan Construction Workforce Development Corporation has received a One-Star rating from Charity Navigator, reflecting a score of 52%. This rating indicates significant concerns regarding the organization's accountability and financial practices. While the organization has a fully independent board and complies with some transparency measures, several critical policies are missing, including those for conflict of interest and whistleblower protections.
Strengths noted in the evaluation include a complete independent board and no material diversion of assets, which suggests a solid governance structure. The organization also has a relatively high program expense ratio of 62.68%, indicating that a significant portion of its expenditures is directed towards its mission-related activities. However, the high liabilities to assets ratio of 208.91% raises concerns about financial stability.
On the downside, the absence of essential policies and missing documentation, such as the tax form on its website, highlights areas needing improvement. The lack of a conflict of interest policy and whistleblower protections may undermine trust and accountability. Overall, while the organization has some strengths, there are crucial gaps that could affect its effectiveness and reliability in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Construction Workforce Development Corporation legitimate?
Michigan Construction Workforce Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Construction Workforce Development Corporation 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
Official website here: www.michiganconstruction.com
What is the mission statement of Michigan Construction Workforce Development Corporation?
The Michigan Construction Workforce Development Corporation serves as an educational resource, aiming to strengthen the Michigan construction industry's workforce. Utilizing the internet, broadcast, digital media, and other resources, the corporation connects contractors, educational institutions, and worker organizations with potential employees. Their primary goal is to foster a positive image of the construction industry, attracting, recruiting, educating, training, and supporting new workers. The corporation's activities are geared towards attracting and equipping a skilled workforce for the Michigan construction sector.
Official website here: www.michiganconstruction.com
Who is the CEO of Michigan Construction Workforce Development Corporation?
Daniel M Degraaf is the President of Michigan Construction Workforce Development Corporation. The CEO's salary of Michigan Construction Workforce Development Corporation is $0 and their total compensation is $0.
Official website here: www.michiganconstruction.com
What is the revenue of Michigan Construction Workforce Development Corporation?
Michigan Construction Workforce Development Corporation's revenue in 2022 was $66,900.
Official website here: www.michiganconstruction.com
Who are the executives of Michigan Construction Workforce Development Corporation and what are their salaries?
There 7 volunteers at Michigan Construction Workforce Development Corporation.
Here are 8 key members and their salaries (Michigan Construction Workforce Development Corporation's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
Official website here: www.michiganconstruction.com
Where can I find the form 990 for Michigan Construction Workforce Development Corporation?
Michigan Construction Workforce Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.michiganconstruction.com
Learn more at the official website: www.michiganconstruction.com
Mission Statement of Michigan Construction Workforce Development Corporation
Michigan Construction Workforce Development Corporation, as an educational service, aims to assist in developing a skilled workforce for the Michigan construction industry. Utilizing various resources such as the internet, broadcast media, and digital platforms, the corporation connects construction industry contractors, educational and training institutions, and workers' organizations with prospective employees. By promoting a positive image of Michigan's construction industry, the corporation attracts, recruits, educates, trains, and supports new workers, thereby contributing to the industry's growth and development.
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Impact
August, 2024
The Michigan Construction Workforce Development Corporation plays a crucial role in building a qualified workforce for the Michigan construction industry. Through its educational services and innovative approach utilizing internet, broadcast, and digital media, the corporation effectively connects construction industry contractors, educational and training institutions, and workers organizations with prospective employees. By promoting a positive image of Michigan's construction industry, the corporation attracts, recruits, educates, trains, and supports new workers, thus contributing to the growth and success of the construction sector in the state.
This information is meant to be a general summary of Michigan Construction Workforce Development Corporation. 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: $66,900
Assets and Liabilities:
- Total Assets: $46,954
- Total Liabilities: $107,442
- Net Assets: -$60,488
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Organization Details
Founding Year
2016
Phone
(517) 347-7720Principal Officer
Daniel M Degraaf
Main Address
2937 ATRIUM DRIVE 200, OKEMOS, MI, 48864
Website
www.michiganconstruction.comNTEE Category
Code: B60 - Education
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