Overview
What is Construction Education Center Inc?
Construction Education Center Inc, located in Plainville, Connecticut, is a nonprofit organization dedicated to advancing the construction industry within and beyond the state. Their primary mission is to provide standardized training, preparing individuals for gainful employment and long-term opportunities in the construction sector. By operating a business and vocational school, they offer craft training and education to apprentices, journey-persons, and supervisors of construction companies. Their goal is to enhance the quality, safety, and competitiveness of Connecticut constructors, aiming to equip a workforce of 11 dedicated individuals to excel in the construction industry.
Official website here: www.thinkconstruction.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Construction Education Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in its accountability and finances, with an overall score of 81%. This rating reflects a focus on transparency and sound financial practices, which are critical for donor trust and organizational sustainability. The charity's strong governance is highlighted by having a fully independent board and various policies in place, contributing to its positive assessment.
The organization demonstrates effective financial management, with a program expense ratio of 80.48%. This suggests that a significant portion of its funding is allocated directly to its programs, which is a positive indicator of its commitment to delivering on its mission. The charity also maintains comprehensive financial statements and has measures for safeguarding resources, such as a conflict of interest policy and whistleblower protections.
However, it’s important to note that the charity has a liabilities to assets ratio of 119.26%, which raises concerns about its financial stability. This indicates that the organization's liabilities exceed its assets, potentially impacting its long-term sustainability. Overall, while Construction Education Center Inc showcases several strengths in governance and program expenditure, its financial leverage should be monitored carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Construction Education Center Inc legitimate?
Construction Education Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Construction 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: $92,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $152,154
For more financial information, click here
Official website here: www.thinkconstruction.org
What is the mission statement of Construction Education Center Inc?
The Construction Education Center's mission is to offer standardized training, preparing individuals for gainful employment and long-term opportunities in the construction industry. This mission aims to advance the construction sector by providing high-quality educational training for apprentices, journey persons, and supervisors of construction companies. The center strives to enhance the quality, safety, and competitiveness of constructors, not only within the state but also beyond.
Official website here: www.thinkconstruction.org
Who is the CEO of Construction Education Center Inc?
Marcie Addy is the Education Direc of Construction Education Center Inc.
Official website here: www.thinkconstruction.org
What is the revenue of Construction Education Center Inc?
Construction Education Center Inc's revenue in 2023 was $522,270.
Official website here: www.thinkconstruction.org
Who are the executives of Construction Education Center Inc and what are their salaries?
The average compensation at Construction Education Center Inc during 2023 was $22,250. There are 11 employees at Construction Education Center Inc.
Here are 12 key members and their salaries:
- Compensation: $73,967
- Related: $0
- Other: $0
- Compensation: $18,633
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thinkconstruction.org
Where can I find the form 990 for Construction Education Center Inc?
Construction Education Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thinkconstruction.org
Learn more at the official website: www.thinkconstruction.org
Mission Statement of Construction Education Center Inc
Construction Education Center Inc, with a mission to stand out in the field, aims to provide standardized training. Their objective is to prepare individuals for gainful employment and long-term opportunities within the construction industry. By offering quality educational training, they strive to advance the construction sector in the state. The center is dedicated to enhancing the quality, safety, and competitiveness of Connecticut constructors, both within and beyond the state's borders.
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Impact
July, 2024
Construction Education Center Inc's impact can be seen in its efforts to advance the construction industry in Connecticut by providing quality educational training for apprentices, journeypersons, and supervisors of construction companies. By offering standardized training, the center prepares individuals for gainful employment and long-term opportunities in the construction industry. This not only enhances the quality, safety, and competitiveness of Connecticut constructors within and outside the state but also contributes to the overall growth and development of the construction sector in the region.
This information is meant to be a general summary of Construction 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 2023.
- Investment Income: $3
- Program Service Revenue: $495,060
- Gross Receipts: $522,270
Assets and Liabilities:
- Total Assets: $218,033
- Total Liabilities: $260,038
- Net Assets: -$42,005
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$495,060
Organization Details
Founding Year
2006
Phone
(860) 529-5886Principal Officer
Marcie Addy
Main Address
35A ROBERT JACKSON WAY, PLAINVILLE, CT, 06062
Website
www.thinkconstruction.orgNTEE Category
Code: B300 - Education
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