Overview
What is Minnesota Training Partnership Inc?
Minnesota Training Partnership Inc is a nonprofit organization based in Saint Paul, Minnesota, with a workforce of five individuals. Their primary mission is to offer training services to employees and unemployed workers in the state, catering to various audiences such as incumbent workers upskilling, youth transitioning out of high school, and under-served communities of color. Their training activities encompass a range of educational programs tailored to specific industries and workforce needs, spanning from one week to 18 months. These programs include establishing apprenticeship programs, job readiness, life skills, and safety training. Their initial focus is on the manufacturing and hospitality sectors, providing apprenticeship programs for industrial manufacturing technicians and pre-employment training for hospitality job placements. The employer and, if applicable, the labor union are involved in the planning and implementation of these programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Minnesota Training Partnership Inc has achieved an 82% score, translating to a Three-Star rating, which reflects a strong performance in accountability and finance. This score is derived entirely from a single beacon focused on accountability, indicating that the organization maintains a high standard of financial integrity and transparency. This rating signifies a commitment to responsible financial management and effective oversight.
The organization demonstrates commendable governance practices, with an entirely independent board of directors, scoring 8 out of 8 points for majority independent board members. Additionally, it has a solid structure with 11 independent members, contributing to its high scores in independent board size and audit and oversight committee ratings. These factors illustrate a dedication to maintaining a well-managed and accountable organization.
One of the notable strengths is the organization's program expense ratio of 88.38%, indicating that a substantial portion of its expenses is directed towards its programs. Furthermore, the absence of any material diversion of assets confirms its financial stability. Overall, while the organization shows robust financial practices, ongoing attention to sustaining these standards will be crucial for future success.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Training Partnership Inc legitimate?
Minnesota Training Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Training Partnership 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,728
For more financial information, click here
What is the mission statement of Minnesota Training Partnership Inc?
Minnesota Training Partnership Inc. is committed to providing training services to both employed and unemployed workers in various sectors, with a focus on under-served communities of color. Their mission involves offering a range of educational activities tailored to the industry and workforce needs, including apprenticeship programs, job readiness, life skills, and safety training. The length of training varies, ranging from one week to 18 months, depending on the type and subject matter. Currently, their services are being provided in the first sectors of manufacturing and hospitality, with an apprenticeship program for industrial manufacturing technicians and pre-employment training in hospitality. The employer and labor union (if present) authorize and are involved in the planning and implementation of these training programs.
Who is the CEO of Minnesota Training Partnership Inc?
Bernie Burnham is the Director of Minnesota Training Partnership Inc.
What is the revenue of Minnesota Training Partnership Inc?
Minnesota Training Partnership Inc's revenue in 2022 was $542,748.
Who are the executives of Minnesota Training Partnership Inc and what are their salaries?
The average compensation at Minnesota Training Partnership Inc during 2022 was $60,346. There are 5 employees at Minnesota Training Partnership Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Minnesota Training Partnership Inc?
Minnesota Training Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Minnesota Training Partnership Inc
Minnesota Training Partnership Inc is committed to providing training services to employed and unemployed workers in Minnesota. Their audience encompasses a wide range of individuals, including incumbent workers upgrading their skills, youth who have recently left high school, individuals re-entering the workforce, and under-served communities of color. The organization's mission is to offer a variety of educational activities tailored to specific industries and the needs of the workforce and employers.
The training provided by Minnesota Training Partnership Inc is diverse and adaptable, encompassing apprenticeship programs, job readiness, life skills, and safety training. The length of the training can vary significantly, ranging from one week to 18 months, depending on the nature and subject matter of the program. In the manufacturing and hospitality sectors, the organization is currently providing services. In manufacturing, they are establishing apprenticeship programs in specific industries or companies, while in hospitality, their focus is on pre-employment training for interested workers with the aim of securing them hospitality jobs. These programs are filling an unmet need, including the development of innovative training and apprenticeship programs. The employer and labor union (if present) authorize and are involved in the planning and implementation of these training programs.
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Impact
July, 2024
Minnesota Training Partnership Inc has a significant impact on the workforce in the state of Minnesota, providing essential training services to a diverse range of individuals. These services include job readiness, life skills, and safety training, as well as the establishment of apprenticeship programs tailored to specific industries and the needs of both workers and employers.
By focusing on sectors such as manufacturing and hospitality, Minnesota Training Partnership Inc is actively addressing the skills gap in these industries and facilitating the placement of individuals into employment opportunities. Their programs cater to various groups, including incumbent workers looking to upgrade their skills, youth transitioning from high school, and under-served communities of color seeking access to training and career advancement opportunities.
Overall, the organization's work contributes to the development of a more skilled and competitive workforce in Minnesota, benefiting both individuals seeking employment and the industries in need of qualified workers.
This information is meant to be a general summary of Minnesota Training Partnership 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.
- Gross Receipts: $542,748
Assets and Liabilities:
- Total Assets: $814,140
- Total Liabilities: $155,415
- Net Assets: $658,725
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Organization Details
Founding Year
2017
Principal Officer
Bernie Burnham
Main Address
175 AURORA AVENUE, SAINT PAUL, MN, 551032356
NTEE Category
Code: B99 - Education
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