Overview
What is Bluegrass Training Consortium?
Bluegrass Training Consortium is a statewide membership organization based in Georgetown, Kentucky. Established to cater to the manufacturing sector, it serves as a hub for addressing training needs among its members. The consortium's primary objective is to promote growth, improvements, and the adoption of best practices in the industry. By implementing principles of growth, lean, and quality systems, Bluegrass Training Consortium has helped increase employee salaries and added value to employers. The organization achieves this by facilitating the adoption of modern methodologies, thereby boosting productivity, reducing costs, and enhancing competitiveness. Its initiatives have a significant impact on the local manufacturing sector, driving advancements and promoting industry growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (73%)
The Bluegrass Training Consortium has received a two-star rating from Charity Navigator, indicating a need for improvement. With an overall score of 73%, the organization demonstrates solid accountability and finance practices, including a perfect score for having a fully independent board and no material diversion of assets. Its liabilities to assets ratio stands at an impressive 0.00%, and it allocates a significant 93.15% of its budget to program expenses, reflecting a strong commitment to its mission.
Despite these strengths, the rating suggests that there may be areas requiring further enhancement to bolster its overall effectiveness and impact. While the organization shows excellence in governance and financial management, potential donors and stakeholders may want to consider how these factors translate into program delivery and community outcomes.
Continuous improvement is essential for organizations like Bluegrass Training Consortium to maintain donor trust and support. Engaging with stakeholders and addressing any existing gaps will be crucial for enhancing its overall rating and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Bluegrass Training Consortium legitimate?
Bluegrass Training Consortium is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bluegrass Training Consortium 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
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What is the mission statement of Bluegrass Training Consortium?
The Bluegrass Training Consortium is a membership-only organization dedicated to addressing the training needs of manufacturing businesses. Its mission is to promote growth, improvements, and the adoption of best practices within these companies. By facilitating these aspects, the consortium aims to increase productivity, reduce costs, and enhance competitiveness. It achieves this by bringing relevant training opportunities to its members, thereby enabling them to improve their operations and ultimately their bottom line. The consortium has successfully trained 303 employees in principles of growth, lean, and quality systems, leading to higher salaries and added value for their employers.
Who is the CEO of Bluegrass Training Consortium?
Tricia Broughton is the Director of Bluegrass Training Consortium.
What is the revenue of Bluegrass Training Consortium?
Bluegrass Training Consortium's revenue in 2023 was $149,775.
Who are the executives of Bluegrass Training Consortium and what are their salaries?
There 7 volunteers at Bluegrass Training Consortium.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Bluegrass Training Consortium?
Bluegrass Training Consortium's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bluegrass Training Consortium
The Bluegrass Training Consortium, a statewide membership-only organization, is dedicated to serving its members by addressing their manufacturing training needs. Its mission is to facilitate growth, improvements, and the adoption of best practices within these industries. By doing so, the Consortium aims to increase productivity, reduce costs, and enhance competitiveness for its member companies. This mission is accomplished by providing training in principles such as Lean and Quality Systems, which in turn leads to higher employee salaries and added value for employers.
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Impact
October, 2024
The Bluegrass Training Consortium (BCT) has significantly impacted the manufacturing sector by addressing training needs that enhance organizational growth and efficiency. By focusing on essential areas such as principles of growth, lean methodologies, and quality systems, BCT has successfully trained 303 employees, resulting in increased salaries and heightened value for their employers.
This statewide consortium fosters an environment where best practices are adopted, leading to improved productivity and competitiveness among its members. By facilitating improvements and reducing operational costs, BCT ensures that its members are not only equipped with the latest skills but are also better positioned in the marketplace, ultimately contributing to a more robust manufacturing economy in Kentucky.
This information is meant to be a general summary of Bluegrass Training Consortium. 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 2023.
- Program Service Revenue: $149,775
- Gross Receipts: $149,775
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING
Revenue
$149,775
Organization Details
Founding Year
2017
Phone
(814) 505-3784Principal Officer
Tricia Broughton
Main Address
143 E MAIN, GEORGETOWN, KY, 40324
NTEE Category
Code: J22 - Employment
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