Overview
What is Stationary Engineers Training Trust?
Stationary Engineers Training Trust is a nonprofit organization situated in Mercer Island, Washington. With just two employees, it serves union members in good standing by offering limited reimbursements for costs associated with training in their field as stationary engineers. The organization's mission is to improve the quality and safety of individuals working within the industry through these reimbursements, ensuring that they have up-to-date certifications. The trust's primary activity revolves around funding the training and certification of stationary engineers, contributing to the overall development and professional growth of the sector.
Official website here: www.iuoe302.org/
Is Stationary Engineers Training Trust legitimate?
Stationary Engineers Training Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Stationary Engineers 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: $126,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,824
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Official website here: www.iuoe302.org/
What is the mission statement of Stationary Engineers Training Trust?
The Stationary Engineers Training Trust is an organization with a mission to reimburse stationary engineers for costs related to their industry training. This mission is funded by the revenue collected for this specific purpose, allowing for the exemption of the organization. The Trust provides limited financial assistance to union members in good standing, covering the expenses they incur while pursuing training to become stationary engineers. This training enhances the quality and safety standards within the industry, ultimately benefiting both the workers and the industry as a whole.
Official website here: www.iuoe302.org/
Who is the CEO of Stationary Engineers Training Trust?
Daren Konopaski is the Trust Chairman of Stationary Engineers Training Trust.
Official website here: www.iuoe302.org/
What is the revenue of Stationary Engineers Training Trust?
Stationary Engineers Training Trust's revenue in 2022 was $370,527.
Official website here: www.iuoe302.org/
Who are the executives of Stationary Engineers Training Trust and what are their salaries?
The average compensation at Stationary Engineers Training Trust during 2022 was $72,151. There are 2 employees and 6 volunteers at Stationary Engineers Training Trust.
Here are 7 key members and their salaries:
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- Compensation: $83,124
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- Other: $48,019
Official website here: www.iuoe302.org/
Where can I find the form 990 for Stationary Engineers Training Trust?
Stationary Engineers Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iuoe302.org/
Learn more at the official website: www.iuoe302.org/
Mission Statement of Stationary Engineers Training Trust
The Stationary Engineers Training Trust, as its name suggests, is an organization dedicated to providing financial reimbursements for the training and certification of stationary engineers. The primary purpose of collecting revenues for this trust is to facilitate these reimbursements, which are essential for covering the expenses incurred during the training process in the industry. This exemption-granting organization aims to enhance the quality and safety of individuals working in the industry by offering limited financial assistance to union members in good standing for the costs associated with their training as stationary engineers. This training is crucial for improving their skills and competence, ultimately benefiting the industry as a whole.
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Impact
October, 2024
The Stationary Engineers Training Trust significantly enhances the professional landscape for stationary engineers by providing financial support for training and certification. By facilitating reimbursements for union members in good standing, the Trust ensures that engineers have access to essential educational resources. This investment in training not only elevates individual skill levels but also improves overall industry safety and quality standards. As a result, the Trust plays a crucial role in fostering a highly skilled workforce, contributing to more efficient and safer operations within the stationary engineering field. The impact is felt not only by the individuals receiving training but also by employers and communities who benefit from improved performance and safety in industry practices.
This information is meant to be a general summary of Stationary Engineers 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: $3,622
- Program Service Revenue: $366,905
- Gross Receipts: $692,874
Assets and Liabilities:
- Total Assets: $448,572
- Total Liabilities: $5,408
- Net Assets: $443,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$327,905
FACILITY FEE REIMBURSE
Revenue
$27,000
CONSULTING FEE REIMBUR
Revenue
$12,000
Organization Details
Founding Year
1977
Phone
(206) 329-4900Principal Officer
Daren Konopaski
Main Address
7525 SE 24TH STREET SUITE 200, MERCER ISLAND, WA, 98040
Website
www.iuoe302.org/NTEE Category
Code: J22 - Employment
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