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Boilermakers Local 549 Apprenticeship And Training Trust Fund

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

EIN: 830487824 ✦ Pittsburg, CA ✦ Designated as a 501(c)(3)

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Overview

What is Boilermakers Local 549 Apprenticeship And Training Trust Fund?

Boilermakers Local 549 Apprenticeship and Training Trust Fund is a nonprofit organization dedicated to providing comprehensive training services to boilermaker apprentices who are part of Local 549. The trust fund's primary mission is to enhance the skills and competencies of its members through various training programs. By offering apprentice training services, the trust fund plays a crucial role in fostering the growth and development of its members, contributing to the boilermaking industry as a whole. The trust fund's activities are focused on the professional advancement of boilermaker apprentices, ensuring they are well-equipped to meet the challenges and demands of their career.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%

Boilermakers Local 549 Apprenticeship And Training Trust Fund has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The charity's overall score is derived entirely from its accountability and finance metrics, showcasing a robust focus on transparency and responsible financial management.

The organization boasts a 100% independent board, which indicates a commitment to governance and oversight. Additionally, it maintains essential policies, including conflict of interest and whistleblower protections, and has no reported material diversion of assets. The fiscal health is further evidenced by a favorable liabilities to assets ratio of 29.92% and a program expense ratio of 76.91%, suggesting that a significant portion of its expenses directly supports its mission.

While the data highlights numerous strengths, the summary does not indicate any specific limitations or concerns regarding the organization's operations. Overall, the Boilermakers Local 549 Apprenticeship And Training Trust Fund demonstrates a solid commitment to accountability and effective use of resources in its apprenticeship training initiatives.


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

Is Boilermakers Local 549 Apprenticeship And Training Trust Fund legitimate?

Boilermakers Local 549 Apprenticeship And Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boilermakers Local 549 Apprenticeship And Training Trust 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: $451,709

For more financial information, click here

What is the mission statement of Boilermakers Local 549 Apprenticeship And Training Trust Fund?

The Boilermakers Local 549 Apprenticeship and Training Trust Fund is dedicated to providing comprehensive training services for apprentice members affiliated with Local 549. Their mission is centered around equipping these apprentices with the necessary skills and knowledge, enabling them to excel in their boilermaker careers. The trust fund offers various training programs to support the professional development of its members, thereby fostering their growth and success within the boilermaker industry.

Who is the CEO of Boilermakers Local 549 Apprenticeship And Training Trust Fund?

Randy Thomas is the Coordinator of Boilermakers Local 549 Apprenticeship And Training Trust Fund.

What is the revenue of Boilermakers Local 549 Apprenticeship And Training Trust Fund?

Boilermakers Local 549 Apprenticeship And Training Trust Fund's revenue in 2022 was $3,571,551.

Who are the executives of Boilermakers Local 549 Apprenticeship And Training Trust Fund and what are their salaries?

The average compensation at Boilermakers Local 549 Apprenticeship And Training Trust Fund during 2022 was $45,171. There are 10 employees at Boilermakers Local 549 Apprenticeship And Training Trust Fund.


Here are 5 key members and their salaries:


Randy Thomas (Coordinator)
  • Compensation: $179,346
  • Related: $0
  • Other: $80,041
Tom Baca (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Mcwhorter (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Jefferies (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hamilton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Boilermakers Local 549 Apprenticeship And Training Trust Fund?

Boilermakers Local 549 Apprenticeship And Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Boilermakers Local 549 Apprenticeship And Training Trust Fund

The Boilermakers Local 549 Apprenticeship and Training Trust Fund is dedicated to providing educational and training services for its member boilermaker apprentices from Local 549. This nonprofit organization's mission lies in offering specialized training programs to help its apprentice members develop the necessary skills and knowledge required for their profession. By offering these training services, the Boilermakers Local 549 Apprenticeship and Training Trust Fund plays a crucial role in nurturing the growth and development of its members, ultimately contributing to the success of both the individual apprentices and the boilermaker industry as a whole.

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Impact




July, 2024

Boilermakers Local 549 Apprenticeship And Training Trust Fund has a significant impact on the development and skill-building of boilermaker apprentices in the local 549 community. By providing comprehensive training services, the trust fund equips apprentice members with the necessary knowledge and expertise to excel in their craft. This focused approach not only enhances the individual capabilities of apprentices but also fosters a culture of excellence and professionalism within the boilermaker industry. Overall, the trust fund plays a vital role in shaping the future workforce of boilermakers and contributing to the continuous growth and success of the industry.




This information is meant to be a general summary of Boilermakers Local 549 Apprenticeship And Training Trust 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.

Revenue
$3,571,551 (2022)
Expenses
$1,745,820 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,652
  • Program Service Revenue: $3,539,899
  • Gross Receipts: $3,571,551

Assets and Liabilities:

  • Total Assets: $9,856,143
  • Total Liabilities: $2,949,024
  • Net Assets: $6,907,119

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Programs

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

Employer Contributions

Revenue

$2,727,955

Expense Refunds

Revenue

$3,894

Montoya Training Funds

Revenue

$20,632

JAC Reimbursements

Revenue

$780,052

Most Training Reimbursements

Revenue

$7,158

Organization Details

Founding Year

2007

Principal Officer

Randy Thomas

Main Address

2191 PIEDMONT WAY, PITTSBURG, CA, 94565

NTEE Category

Code: B99 - Education

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