Overview
What is Abc - Rgc Construction Education Apprenticeship & Training Trust?
Abc - Rgc Construction Education Apprenticeship & Training Trust is a nonprofit organization located in Albuquerque, New Mexico, specifically at 2821 Broadway Blvd NE. Their primary mission is to provide educational apprenticeship programs, helping in the training and development of individuals to become skilled employees within the construction industry. They vary the number of apprentices they train, ensuring a continuous growth in the construction sector. Their activities are focused on offering educational opportunities that equip individuals with the necessary skills for employment in the construction industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating
The Abc - Rgc Construction Education Apprenticeship & Training Trust has achieved a solid rating of 86%, reflecting a commitment to accountability and financial health. With a perfect score for board independence and a strong audit performance, the organization demonstrates effective governance and fiscal responsibility. The absence of material diversion of assets and a well-documented conflict of interest policy further enhance its credibility.
The organization allocates a significant portion of its expenses to programs, with a program expense ratio of 83.59%. This indicates that most of its funds are directed towards its educational and training initiatives, which is a positive sign for donors looking for impactful investments. Additionally, the low liabilities to assets ratio of 41.81% suggests a stable financial position, enabling the nonprofit to operate effectively.
While the organization shows strong marks in several key areas, it's essential for potential donors and supporters to continue monitoring their financial practices and program effectiveness over time. Overall, Abc - Rgc Construction Education Apprenticeship & Training Trust appears to be a well-managed nonprofit dedicated to its mission within the construction education sector.
This AI summary has been generated from information found on Charity Navigator.
Is Abc - Rgc Construction Education Apprenticeship & Training Trust legitimate?
Abc - Rgc Construction Education Apprenticeship & Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abc - Rgc Construction Education Apprenticeship & Training 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: $0
For more financial information, click here
What is the mission statement of Abc - Rgc Construction Education Apprenticeship & Training Trust?
The mission of ABC - RGC Construction Education Apprenticeship & Training Trust is centered around providing educational apprenticeship programs. Their primary objective is to aid in the training and development of individuals, enabling their employment within the construction industry. By offering these programs, they aim to contribute to the skill development and future growth of the construction sector. The trust invests in training various numbers of apprentices in different construction trades, thereby equipping them with the necessary skills for their roles.
Who is the CEO of Abc - Rgc Construction Education Apprenticeship & Training Trust?
Carla M Kugler is the President of Abc - Rgc Construction Education Apprenticeship & Training Trust.
What is the revenue of Abc - Rgc Construction Education Apprenticeship & Training Trust?
Abc - Rgc Construction Education Apprenticeship & Training Trust's revenue in 2022 was $961,907.
Who are the executives of Abc - Rgc Construction Education Apprenticeship & Training Trust and what are their salaries?
There 100 volunteers at Abc - Rgc Construction Education Apprenticeship & Training Trust.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $94,704
- Other: $9,470
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- Related: $65,742
- Other: $14,908
- Compensation: $0
- Related: $11,880
- Other: $0
- Compensation: $0
- Related: $9,930
- Other: $0
- Compensation: $0
- Related: $9,840
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Abc - Rgc Construction Education Apprenticeship & Training Trust?
Abc - Rgc Construction Education Apprenticeship & Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Abc - Rgc Construction Education Apprenticeship & Training Trust
ABC - RGC Construction Education Apprenticeship & Training Trust is committed to providing educational apprenticeship programs to aid in the training and development of individuals as employees within the construction industry. Their mission, in essence, is to foster a workforce that is well-equipped and skilled in the construction sector. By offering apprenticeship programs, they aim to bridge the gap between theoretical knowledge and practical skills, ensuring that individuals are adequately prepared to embark on their careers in construction. The trust's activities are geared towards the training of varying numbers of apprentices in the construction trades, thereby contributing to the growth and competitiveness of the construction industry as a whole.
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Impact
July, 2024
Abc - Rgc Construction Education Apprenticeship & Training Trust's impact lies in its pivotal role in shaping the future of the construction industry workforce. By providing educational apprenticeship programs, the organization helps individuals gain hands-on training and development needed to excel as employees in the construction sector. Through this initiative, Abc - Rgc Construction Education Apprenticeship & Training Trust contributes to the growth and sustainability of the industry by equipping aspiring professionals with the skills and knowledge necessary for success.
This information is meant to be a general summary of Abc - Rgc Construction Education Apprenticeship & Training 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 2022.
- Investment Income: $45
- Program Service Revenue: $800,235
- Gross Receipts: $961,907
Assets and Liabilities:
- Total Assets: $4,170,771
- Total Liabilities: $1,744,026
- Net Assets: $2,426,745
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPRENTICESHIP TUITION
Revenue
$707,584
RENTAL INCOME
Revenue
$45,553
APPRENTICESHIP GRADUATION
Revenue
$32,574
LAB EQUIPMENT ASSESSMENT
Revenue
$14,524
Organization Details
Founding Year
2000
Phone
(505) 830-4222Principal Officer
Carla M Kugler
Main Address
2821 BROADWAY BLVD NE, ALBUQUERQUE, NM, 87107
NTEE Category
Code: B30 - Education
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