Overview
What is Mid Coast Construction Academy Trust?
Mid Coast Construction Academy Trust is a nonprofit organization situated in Victoria, Texas, with its headquarters at 1408 N BEN JORDAN. Their primary mission is to foster education and promote the construction industry, equipping both high school students and adults with essential skills. They achieve this goal through a comprehensive pre-apprenticeship and apprenticeship program for plumbers and electricians, collaborating with industry professionals. The Academy's activities aim to enlighten individuals about the construction sector and nurture a skilled workforce, thereby contributing to the industry's growth with a total of 9 employees.
Official website here: www.mcacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Mid Coast Construction Academy Trust has received a commendable score of 85%, reflecting a solid level of accountability and transparency in its operations. The organization boasts a fully independent board, which is instrumental in ensuring unbiased decision-making and governance, earning them full marks in that category. Financially, the charity demonstrates sound practices with no recorded material diversion of assets and a favorable liabilities to assets ratio of 1.32%.
However, while the program expense ratio stands at 61.41%, indicating that a significant portion of its budget is allocated to programmatic activities, there is room for improvement in this area. The reliance on a higher percentage of administrative expenses may raise questions about the effectiveness of resource allocation towards direct services. Nonetheless, the presence of comprehensive policies regarding conflict of interest, whistleblower protection, and document retention indicates a commitment to ethical standards and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Mid Coast Construction Academy Trust legitimate?
Mid Coast Construction Academy Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid Coast Construction Academy Trust 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: $69,456
For more financial information, click here
Official website here: www.mcacademy.org
What is the mission statement of Mid Coast Construction Academy Trust?
The Mid Coast Construction Academy Trust's mission is focused on promoting and educating both students and job seekers about the construction industry. Their primary goal is to develop a skilled labor force by offering pre-apprenticeship and apprenticeship programs. The organization collaborates with industry professionals to provide training programs for high school students and adults, equipping them with necessary skills in plumbing and electrical work. This initiative aims to bridge the gap between the construction industry's demand for skilled labor and the availability of qualified workers.
Official website here: www.mcacademy.org
Who is the CEO of Mid Coast Construction Academy Trust?
Mike Weaver is the Chairman of Mid Coast Construction Academy Trust.
Official website here: www.mcacademy.org
What is the revenue of Mid Coast Construction Academy Trust?
Mid Coast Construction Academy Trust's revenue in 2023 was $902,574.
Official website here: www.mcacademy.org
Who are the executives of Mid Coast Construction Academy Trust and what are their salaries?
The average compensation at Mid Coast Construction Academy Trust during 2023 was $7,717. There are 9 employees at Mid Coast Construction Academy Trust.
Here are 8 key members and their salaries:
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Official website here: www.mcacademy.org
Where can I find the form 990 for Mid Coast Construction Academy Trust?
Mid Coast Construction Academy Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mcacademy.org
Learn more at the official website: www.mcacademy.org
Mission Statement of Mid Coast Construction Academy Trust
Mid Coast Construction Academy Trust is dedicated to fostering awareness and knowledge about the construction industry among students and job seekers. Their primary objective is to cultivate a skilled workforce by offering pre-apprenticeship and apprenticeship programs. This organization collaborates with industry professionals to provide training in trades such as plumbing and electricity. Their mission is geared towards educating both high school students and adults, aiming to equip them with the necessary skills to excel in the construction industry.
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Impact
July, 2024
Mid Coast Construction Academy Trust's impact is significant in educating students and job seekers about the construction industry and developing skilled labor through pre-apprenticeships and apprenticeships. By providing training programs for plumbers and electricians, including high school students and adults in partnership with industry professionals, the organization plays a crucial role in bridging the skills gap in the construction sector. Through its efforts, Mid Coast Construction Academy Trust is helping individuals gain valuable skills and access employment opportunities in a critical industry.
This information is meant to be a general summary of Mid Coast Construction Academy Trust. 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: $125,484
- Gross Receipts: $902,574
Assets and Liabilities:
- Total Assets: $676,246
- Total Liabilities: $8,983
- Net Assets: $667,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$125,484
Organization Details
Founding Year
2018
Phone
(361) 572-0299Principal Officer
Mike Weaver
Main Address
1408 N BEN JORDAN, VICTORIA, TX, 77901
Website
www.mcacademy.orgNTEE Category
Code: J22 - Employment
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