Overview
What is Machinists Institute?
The Machinists Institute, based in Seattle, Washington, is a nonprofit organization committed to empowering workers by offering top-notch education, training, and union rights in the workplace. They serve approximately 300 individuals annually, including apprentices, pre-apprentices, and incumbent workers, through various programs. The institute plans to establish a training center in the South Seattle area and explore the possibility of opening a childcare site in the Puget Sound area for workers with non-standard hours. To support its students, Machinists Institute provides assistance with tuition, childcare, housing, transportation, and food. Additionally, they offer pre-apprenticeship training for individuals in the Greater Puget Sound area. Collaborating with CAEL and area community and technical colleges, they aim to create a multi-occupational degree pathway for apprentices, enabling them to earn a 2-year AA degree upon completion of their 4-year on-the-job training.
Official website here: www.machinistsinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Machinists Institute has achieved an 81% rating from Charity Navigator, reflecting a solid level of accountability and financial transparency. This score is derived entirely from the Accountability & Finance beacon, highlighting the organization’s commitment to maintaining strong governance practices and fiscal responsibility.
The nonprofit demonstrates a significant commitment to independent oversight, with 71% of its board members being independent. Additionally, it has received full points for its audit and oversight committee, conflict of interest policy, and whistleblower policy, indicating robust internal controls and ethical practices. The program expense ratio of 71.70% suggests that a substantial portion of its resources is directed towards fulfilling its mission.
While the overall rating is commendable, it solely reflects financial aspects, with no insights provided into the organization's programmatic impact or effectiveness. This limitation means potential donors and supporters may need to seek additional information regarding the Machinists Institute's operational outcomes beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Machinists Institute legitimate?
Machinists Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Machinists Institute 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: $180,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $911,837
For more financial information, click here
Official website here: www.machinistsinstitute.org
What is the mission statement of Machinists Institute?
The Machinists Institute's mission is to empower workers across various industries by providing world-class, accessible, and affordable education and training. This is achieved by offering pathways to develop the necessary skills for IAM members and the community in need of workplace opportunities and rights. The institute serves around 100 apprentices, 100 pre-apprentices, and 200 incumbent workers annually. They aim to open a training center in the South Seattle area and establish a childcare site in the Puget Sound area for workers with non-standard hours. The institute also enhances its website to showcase current events and classes, provides student support services, offers pre-apprenticeship training, and collaborates with community and technical colleges to create a multi-occupational degree pathway for apprentices.
Official website here: www.machinistsinstitute.org
Who is the CEO of Machinists Institute?
Jon Holden is the President of Machinists Institute.
Official website here: www.machinistsinstitute.org
What is the revenue of Machinists Institute?
Machinists Institute's revenue in 2022 was $5,139,039.
Official website here: www.machinistsinstitute.org
Who are the executives of Machinists Institute and what are their salaries?
The average compensation at Machinists Institute during 2022 was $78,050. There are 14 employees at Machinists Institute.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $190,344
- Other: $8,556
- Compensation: $0
- Related: $176,341
- Other: $24,943
- Compensation: $0
- Related: $8,586
- Other: $2,118
- Compensation: $0
- Related: $9,498
- Other: $2,015
- Compensation: $0
- Related: $11,499
- Other: $6,962
- Compensation: $0
- Related: $10,839
- Other: $1,957
- Compensation: $0
- Related: $18,380
- Other: $1,747
- Compensation: $0
- Related: $14,200
- Other: $547
- Compensation: $0
- Related: $14,266
- Other: $547
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $148,184
- Related: $0
- Other: $32,683
Official website here: www.machinistsinstitute.org
Where can I find the form 990 for Machinists Institute?
Machinists Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.machinistsinstitute.org
Learn more at the official website: www.machinistsinstitute.org
Mission Statement of Machinists Institute
The Machinists Institute, a nonprofit organization, is committed to empowering workers to build a better future. Their mission is achieved through world-class education, training, and advocacy for union rights in the workplace. They envision prosperity for workers across various industries by providing accessible and affordable education and training, creating pathways for skill development for IAM members and the community in need of opportunities.
The institute serves several groups, including 100 apprentices, 100 pre-apprentices, and 200 incumbent workers annually. They also plan to open a training center in the South Seattle area to cater to all these categories. Furthermore, the Machinists Institute aims to establish a childcare site in the Puget Sound area, focusing on hours for workers with non-standard hours from all trades and occupations.
To enhance its reach and impact, the institute is working on enhancing its website to reflect current events and classes. They also offer student support services, providing assistance in the form of tuition, childcare, housing, transportation, and food assistance. Additionally, the Machinists Institute provides pre-apprenticeship training for anyone in the Greater Puget Sound area. In a collaborative effort with CAEL and area community and technical colleges, they are working towards creating a multi-occupational degree pathway, where apprentices who have completed four years of on-the-job training can acquire their two-year AA degree through EVCC by enhancing their RSI instruction to meet the requirements of EVCC's basic degree completion classes, such as communication, English, and math.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Machinists Institute in Seattle, Washington, is making a significant impact by empowering workers to build a better future through world-class education, training, and union rights on the job. They serve a wide range of individuals, including apprentices, pre-apprentices, and incumbent workers, with a focus on providing accessible and affordable education and training opportunities.
One key aspect of their impact is the training programs they offer, serving around 100 apprentices, 100 pre-apprentices, and 200 incumbent workers each year. Additionally, they are planning to open a training center in the South Seattle area to expand their reach and cater to more individuals.
Furthermore, their efforts to research and establish a childcare site in the Puget Sound area would address a significant need for workers with non-standard hours across various trades and occupations. By enhancing their website, providing student support services, and offering pre-apprenticeship training to a broader audience, Machinists Institute is creating pathways for individuals to develop the skills necessary for success in their careers.
Overall, Machinists Institute's commitment to providing quality education, training, and support to workers is contributing to the prosperity of individuals across multiple industries, building a skilled and empowered workforce in the Seattle area.
This information is meant to be a general summary of Machinists Institute. 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.
- Investment Income: $108,867
- Program Service Revenue: $135,878
- Gross Receipts: $9,010,794
Assets and Liabilities:
- Total Assets: $11,480,036
- Total Liabilities: $8,180,225
- Net Assets: $3,299,811
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM REVENUE
Revenue
$132,274
APPRENTICESHIP TUITION
Revenue
$3,604
Organization Details
Founding Year
2018
Phone
(206) 764-0329Principal Officer
Jon Holden
Main Address
9125 15TH PLACE SOUTH, SEATTLE, WA, 98108
Website
www.machinistsinstitute.orgNTEE Category
Code: B99 - Education
If you are a representative of Machinists Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.