Overview
What is Iuoe Training And Education Center Inc?
Iuoe Training and Education Center Inc, based in Washington D.C., serves as a specialized vocational training hub for operating engineers and related fields. The nonprofit organization develops and maintains up-to-date, industry-relevant educational curriculums, utilizing subject matter experts to review equipment and facility requirements. It operates a 501(c)(3) qualified training facility exempt from state property tax, providing a secure and safe environment for students. The center offers specialized training spaces, necessary infrastructure, and on-site housing and meals for a full-time body of operating engineer students. Its primary mission is to improve and expand the skills of operating engineers through comprehensive training programs.
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 2 Stars (Needs Improvement)**
The Iuoe Training and Education Center Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization needs improvement in its overall operations. The rating is primarily based on its accountability and finance metrics, where it scored 64%. Key indicators such as the absence of independent board members and missing financial documents on their website have impacted their score considerably, despite strengths in areas like financial oversight and a lack of asset diversion.
While the charity demonstrates strong program expense ratios, reflecting a significant focus on programmatic spending, concerns regarding their governance structure and transparency remain. The high salaries of key personnel may also raise questions about compensation practices in relation to the charity's financial performance. This situation highlights a need for enhanced accountability and clarity in their financial reporting.
User reviews from GreatNonprofits are currently not available for analysis. Therefore, we recommend potential donors and interested parties consider these factors carefully and seek additional information to fully understand the organization's impact and leadership effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Iuoe Training And Education Center Inc legitimate?
Iuoe Training And Education Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iuoe Training And Education Center Inc 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: $206,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,647,150
For more financial information, click here
What is the mission statement of Iuoe Training And Education Center Inc?
The Iuoe Training and Education Center Inc is committed to providing a specialized vocational training facility for operating engineers and related fields. Their mission involves developing and approving up-to-date, standardized educational curriculums relevant to the organized operating engineer industry. They also employ subject matter experts to review equipment and facility requirements, ensuring a consistent supply of qualified instructors. The center operates a secure and safe training environment, equipped with necessary infrastructure to support high-quality training, practical spaces, and student housing and meals. Its primary objective is to enhance and expand the skills of operating engineers, contributing to the broader operating engineer training and educational programs.
Who is the CEO of Iuoe Training And Education Center Inc?
James Callahan is the Chairman of Iuoe Training And Education Center Inc.
What is the revenue of Iuoe Training And Education Center Inc?
Iuoe Training And Education Center Inc's revenue in 2022 was $7,229,291.
Who are the executives of Iuoe Training And Education Center Inc and what are their salaries?
The average compensation at Iuoe Training And Education Center Inc during 2022 was $19,934. There are 93 employees at Iuoe Training And Education Center Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $476,129
- Other: $164,998
- Compensation: $0
- Related: $370,976
- Other: $134,545
- Compensation: $0
- Related: $109,378
- Other: $36,709
- Compensation: $0
- Related: $246,483
- Other: $116,884
- Compensation: $0
- Related: $2,425
- Other: $972
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $109,378
- Other: $36,709
- Compensation: $152,679
- Related: $0
- Other: $54,063
Where can I find the form 990 for Iuoe Training And Education Center Inc?
Iuoe Training And Education Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iuoe Training And Education Center Inc
Iuoe Training and Education Center Inc is dedicated to providing a specialized training facility and education for operating engineers and related fields. Their mission is to improve and expand the skills of these professionals by developing and approving up-to-date standardized educational curriculums relevant to the organized operating engineer industry. They achieve this by employing subject matter experts to review equipment and facility requirements, ensuring a consistent supply of qualified instructors to deliver high-quality training and education.
Located in a secure and safe training environment, Iuoe Training and Education Center Inc operates a 501(c)(3) qualified training and education facility. This facility supports its educational functions as well as those of related operating engineer training and educational programs. Equipped with training and educational equipment, specialized classrooms, practical training spaces, and on-site student housing and meals, the center provides an all-encompassing learning experience for its students. By offering a full-time body of operating engineer students regular access to these resources, Iuoe Training and Education Center Inc is committed to equipping its students with the necessary skills to excel in their respective fields.
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Impact
July, 2024
The impact of Iuoe Training And Education Center Inc can be seen in the improved and expanded skills of operating engineers and related fields. By providing specialized vocational training and education, the organization equips individuals with the knowledge and expertise needed to excel in the industry. Through up-to-date standardized educational curriculums, subject matter experts, and qualified instructors, Iuoe Training And Education Center Inc ensures that high-quality training and education are consistently available to the student body. By owning and operating a dedicated training facility, the organization creates a secure and safe environment for learning, fostering a culture of excellence in the field of operating engineering. Overall, Iuoe Training And Education Center Inc plays a vital role in shaping the future of the industry by empowering individuals with the skills and knowledge necessary for success.
This information is meant to be a general summary of Iuoe Training And Education Center Inc. 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: $335,002
- Program Service Revenue: $6,570,610
- Gross Receipts: $7,792,897
Assets and Liabilities:
- Total Assets: $145,489,863
- Total Liabilities: $190,167,635
- Net Assets: -$44,677,772
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING CENTER OPERAT
Revenue
$6,570,610
Organization Details
Founding Year
2016
Phone
(202) 429-9100Principal Officer
James Callahan
Main Address
1125 17TH STREET NW, WASHINGTON, DC, 20036
NTEE Category
Code: B60 - Education
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