Overview
What is Service Workers Training And Education Partnership Fund?
The Service Workers Training and Education Partnership Fund is a nonprofit organization situated in Columbia, Maryland, specifically at 7130 Columbia Gateway Drive Suite A. Their primary objective is to offer diverse training and scholarship benefits, as agreed upon in collective bargaining agreements. The fund aims to equip apprentices with essential skills needed to fulfill their employment duties. Additionally, it provides scholarship opportunities for eligible dependents, fostering their education and professional growth. With a small workforce of two individuals, the Service Workers Training and Education Partnership Fund is dedicated to empowering and uplifting its members through comprehensive training and educational support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Service Workers Training And Education Partnership Fund has received a solid score of 82%, indicating a strong performance in accountability and finance. This rating is primarily based on their 100% score in the Accountability & Finance category, showcasing their commitment to transparency and sound financial practices. The organization benefits from a fully independent board, which is a positive indicator of governance and oversight.
Among the strengths highlighted, the organization excels in areas such as the material diversion of assets, financial statement oversight, and maintaining a low liabilities-to-assets ratio. Their program expense ratio is impressively high at 100%, meaning all expenditures are directed toward their programs, maximizing the impact of donations received.
While the overall score is commendable, it is important to note that the rating is solely based on one beacon score, which may limit the assessment of other operational areas. Nonetheless, the results reflect a well-managed nonprofit with a focus on accountability and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Service Workers Training And Education Partnership Fund legitimate?
Service Workers Training And Education Partnership Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Service Workers Training And Education Partnership 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: $196,882
For more financial information, click here
What is the mission statement of Service Workers Training And Education Partnership Fund?
The Service Workers Training and Education Partnership Fund's mission is to provide both education and training opportunities for apprentices, enabling them to acquire the necessary skills to perform their employment duties effectively. Additionally, the fund offers scholarship opportunities to eligible dependents, further supporting the development of the apprentices' support system. Through these initiatives, the fund aims to empower and equip service workers with the necessary skills and resources to excel in their careers.
Who is the CEO of Service Workers Training And Education Partnership Fund?
Charles Hendricks is the Secretary of Service Workers Training And Education Partnership Fund.
What is the revenue of Service Workers Training And Education Partnership Fund?
Service Workers Training And Education Partnership Fund's revenue in 2022 was $926,727.
Who are the executives of Service Workers Training And Education Partnership Fund and what are their salaries?
The average compensation at Service Workers Training And Education Partnership Fund during 2022 was $98,441. There are 2 employees at Service Workers Training And Education Partnership Fund.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Service Workers Training And Education Partnership Fund?
Service Workers Training And Education Partnership Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Service Workers Training And Education Partnership Fund
The Service Workers Training and Education Partnership Fund, as per its collective bargaining agreements, is dedicated to providing both education and training to apprentices. This initiative enables these individuals to acquire the essential skills required to successfully carry out their employment duties. Additionally, the fund offers scholarship opportunities to eligible dependents, furthering its mission of nurturing and empowering the next generation. Through its various training and scholarship benefits, negotiated under collective bargaining agreements, the Service Workers Training and Education Partnership Fund plays a significant role in equipping and supporting its beneficiaries, thereby fostering their professional growth and development.
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Impact
July, 2024
The Service Workers Training And Education Partnership Fund provides education and training to apprentices, allowing them to acquire the necessary skills to execute their employment duties. Additionally, the fund offers scholarship opportunities to eligible dependents. This support helps individuals in the workforce to advance their skills and opportunities, ultimately strengthening the workforce and contributing to economic growth.
This information is meant to be a general summary of Service Workers Training And Education Partnership 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: $79,972
- Program Service Revenue: $606,903
- Gross Receipts: $926,727
Assets and Liabilities:
- Total Assets: $3,688,859
- Total Liabilities: $112,466
- Net Assets: $3,576,393
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$606,903
Organization Details
Founding Year
2015
Phone
(888) 490-8800Principal Officer
Charles Hendricks
Main Address
7130 Columbia Gateway Drive Suite A, Columbia, MD, 21046
NTEE Category
Code: B60 - Education
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