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Texas Iron Workers Training Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813682610 ✦ Sugar land, TX ✦ Designated as a 501(c)(3)

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Overview

What is Texas Iron Workers Training Trust?

Texas Iron Workers Training Trust is a nonprofit organization situated in Sugar Land, Texas. With a workforce of 49 individuals, their primary mission is to offer comprehensive apprenticeship and journeyman training, testing, education, and job skill development programs for individuals involved in the ironworkers trades. Their objective is to equip these professionals with the necessary skills to excel in their respective fields, ultimately enhancing their employability and career growth. The Trust is dedicated to fostering a skilled workforce within the ironworkers industry in Texas.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star Rating

The Texas Iron Workers Training Trust has achieved an impressive 94% rating from Charity Navigator, signifying strong accountability and financial health. This rating is based entirely on its Accountability & Finance metrics, reflecting the organization's commitment to transparency and responsible management of funds.

One of the standout features of the organization is its governance structure, with 100% independent board members and a solid board size, ensuring diverse oversight and minimizing conflicts of interest. The charity has also established comprehensive policies, including for whistleblowing and document retention, which enhance its operational integrity.

However, while the rating highlights many strengths, it is important for potential donors and supporters to recognize that the metrics focus solely on financial accountability. Further insights into program effectiveness and impact could provide a more rounded view of the nonprofit's overall performance and mission success.


This AI summary has been generated from information found on Charity Navigator.

Is Texas Iron Workers Training Trust legitimate?

Texas Iron Workers Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Iron Workers Training 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: $664,061

For more financial information, click here

What is the mission statement of Texas Iron Workers Training Trust?

The Texas Iron Workers Training Trust is committed to providing comprehensive training, testing, education, and job skill development for individuals in the ironworkers trades. Their mission is to enhance the skills and capabilities of these tradespeople, ensuring they are equipped with the necessary knowledge and abilities to excel in their careers. The trust provides apprenticeship and journeyman training, as well as ongoing education and testing, thereby fostering continuous growth and improvement within the ironworkers industry.

What is the revenue of Texas Iron Workers Training Trust?

Texas Iron Workers Training Trust's revenue in 2023 was $1,630,413.

Who are the executives of Texas Iron Workers Training Trust and what are their salaries?

The average compensation at Texas Iron Workers Training Trust during 2023 was $14,436. There are 46 employees at Texas Iron Workers Training Trust.

Here are 4 key members and their salaries:


Charles Schneider (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Fryar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Colvin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bosworth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Texas Iron Workers Training Trust?

Texas Iron Workers Training Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Texas Iron Workers Training Trust

The Texas Iron Workers Training Trust is committed to providing comprehensive education and skill development for individuals in the ironworkers trades. Their mission is centered around offering apprenticeship and journeyman training, testing, and education to help enhance the skills of those working in this field. Through their programs, the organization aims to equip ironworkers with the necessary job skills, ensuring they are well-equipped to excel in their careers. The Texas Iron Workers Training Trust is dedicated to the continuous development and enhancement of the skills of ironworkers, thereby contributing to the growth and success of the trade.

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Impact




July, 2024

Texas Iron Workers Training Trust's impact is significant in providing apprenticeship and journeyman training, testing, education, and job skill development for ironworkers in the trades industry. By offering these essential services in Sugar Land, TX, the trust plays a crucial role in enhancing the skills and capabilities of ironworkers, ultimately contributing to the growth and sustainability of the ironworking profession. Through its mission to provide comprehensive training and education, the trust supports the advancement and success of individuals pursuing careers in the ironworking sector.




This information is meant to be a general summary of Texas Iron Workers Training 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.

Revenue
$1,630,413 (2023)
Expenses
$1,714,003 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $35,373
  • Program Service Revenue: $1,411,143
  • Gross Receipts: $2,025,356

Assets and Liabilities:

  • Total Assets: $4,198,392
  • Total Liabilities: $70,608
  • Net Assets: $4,127,784

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACTOR FUNDING

Revenue

$1,411,143

Organization Details

Founding Year

2018

Principal Officer

Eric Fryar

NTEE Category

Code: B30 - Education

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