Pipe Industry Education & Training Fund

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

EIN: 846038302 ✦ Colorado springs, CO ✦ Designated as a 501(c)(5)

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Overview

What is Pipe Industry Education & Training Fund?

The Pipe Industry Education & Training Fund is a nonprofit organization situated in Colorado Springs, Colorado. Their primary focus is on supporting union members in the pipe industry by offering licensing and training opportunities. This encompasses the acquisition of licenses and advancement to master licenses, as well as providing specialized training in areas such as orbital welding and labor safety. The organization's mission is to aid the local union in equipping its members with the necessary skills and safety knowledge, ensuring they remain competent and compliant in their respective roles.

Is Pipe Industry Education & Training Fund legitimate?

Pipe Industry Education & Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Pipe Industry Education & Training 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: $127,967
Professional Fundraising Fees: $0
Other Salaries and Wages: $484,258

For more financial information, click here

What is the mission statement of Pipe Industry Education & Training Fund?

The Pipe Industry Education & Training Fund's mission is centered around assisting local unions in licensing and training their union members, with a specific focus on labor safety training. This organization aims to help apprentices and journeyworkers obtain licenses or advance to master licenses, providing them with essential skills such as orbital welding. Additionally, the Fund offers gas and safety awareness classes to ensure the safety and competence of its trainees.

Who is the CEO of Pipe Industry Education & Training Fund?

Harold Thrower is the Trustee of Pipe Industry Education & Training Fund.

What is the revenue of Pipe Industry Education & Training Fund?

Pipe Industry Education & Training Fund's revenue in 2023 was $1,668,313.

Who are the executives of Pipe Industry Education & Training Fund and what are their salaries?

The average compensation at Pipe Industry Education & Training Fund during 2023 was $19,132. There are 32 employees at Pipe Industry Education & Training Fund.


Here are 12 key members and their salaries:


Adam Larson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Hall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Trapp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Rasmussen (Secretary)
  • Compensation: $523
  • Related: $0
  • Other: $0
Brandon Cavender (Trustee)
  • Compensation: $7,915
  • Related: $0
  • Other: $0
Chris Lalond (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Thrower (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Casias (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Sundheim (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alberto Herrera (Training Director)
  • Compensation: $114,738
  • Related: $0
  • Other: $60,998
Dee Sharp (Assistant Coordinator)
  • Compensation: $103,264
  • Related: $0
  • Other: $57,714
Where can I find the form 990 for Pipe Industry Education & Training Fund?

Pipe Industry Education & Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Pipe Industry Education & Training Fund

The Pipe Industry Education & Training Fund, as a nonprofit organization, is dedicated to assisting local unions in the licensing and training of their union members. A significant aspect of their mission involves providing labor safety training to ensure the well-being and safety of these members. Through their initiatives, apprentices and journeyworkers have been able to obtain licenses or advance to master licenses, indicating a successful completion of their training programs. Additionally, the organization offers educational courses in specialized areas such as orbital welding and gas safety, equipping union members with essential skills for their respective roles.

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Impact




October, 2024

The Pipe Industry Education & Training Fund significantly impacts the workforce by providing essential licensing and training for union members. Through comprehensive programs, apprentices and journeymen enhance their skills and qualifications, notably advancing to master licenses. The Fund's focus on specialized training, including orbital welding and gas and safety awareness, ensures that members are well-prepared for the demands of their roles. This commitment to labor safety and skills development not only strengthens the individual careers of union members but also bolsters the overall safety and efficiency of the industry in Colorado Springs and beyond. By fostering a skilled workforce, the Fund plays a crucial role in enhancing employment opportunities and promoting workplace safety.




This information is meant to be a general summary of Pipe Industry Education & Training 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
$1,668,313 (2023)
Expenses
$1,571,885 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $114
  • Program Service Revenue: $1,219,645
  • Gross Receipts: $1,668,313

Assets and Liabilities:

  • Total Assets: $2,381,412
  • Total Liabilities: $309,267
  • Net Assets: $2,072,145

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Programs

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

WORKING ASSESSMENTS

Revenue

$1,061,150

TUITION, FEES, AND BOO

Revenue

$155,793

MISCELLANEOUS

Revenue

$2,702

Organization Details

Founding Year

1974

Principal Officer

Harold Thrower

Main Address

2864 JANITELL ROAD, COLORADO SPRINGS, CO, 80906

NTEE Category

Code: J22 - Employment

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