Overview
What is Northwest Laborers - Employers Training Trust?
Northwest Laborers - Employers Training Trust is a nonprofit organization dedicated to delivering continuous workforce education and training tailored to industry requirements. Their mission is to build thriving careers and enhance employers' competitive edge by equipping union members with the necessary skills and knowledge. They provide extensive training programs to meet the evolving demands of various industries.
Official website here: www.nwlett.edu/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Northwest Laborers - Employers Training Trust has achieved an impressive 96% rating from Charity Navigator, reflecting strong accountability and financial management. This high score is based entirely on their performance in accountability and finance, showcasing their commitment to transparency and effective usage of funds. The charity is managed by a fully independent board, which ensures unbiased oversight and governance.
The organization excels in several key areas, notably maintaining a program expense ratio of 97.16%, indicating that nearly all of its resources are directed towards its mission-related activities. They have also received full scores for their financial audits, lack of material diversion of assets, and comprehensive policies on conflicts of interest and document retention, further solidifying their credibility.
However, while the data showcases a strong financial framework, it primarily focuses on accountability metrics. There may be limited feedback on the specific impacts of their programs or beneficiary experiences, which would provide a more holistic view of their effectiveness in fulfilling their mission. Overall, the Northwest Laborers - Employers Training Trust demonstrates robust financial stewardship and a commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Laborers - Employers Training Trust legitimate?
Northwest Laborers - Employers Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Laborers - Employers 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: $143,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,117,005
For more financial information, click here
Official website here: www.nwlett.edu/
What is the mission statement of Northwest Laborers - Employers Training Trust?
The Northwest Laborers - Employers Training Trust is dedicated to offering continuous workforce education and training that aligns with industry standards. This mission is aimed at developing the skills and careers of union members, thereby enhancing the competitive edge of their employers. By providing relevant and effective training programs, this organization plays a significant role in preparing the workforce for the demands of the industry. The commitment to ongoing education and skill development creates a win-win situation, benefiting both the laborers and their employers.
Official website here: www.nwlett.edu/
Who is the CEO of Northwest Laborers - Employers Training Trust?
Stacy Martin is the Chairman (Appointed 07/29/21) of Northwest Laborers - Employers Training Trust.
Official website here: www.nwlett.edu/
What is the revenue of Northwest Laborers - Employers Training Trust?
Northwest Laborers - Employers Training Trust's revenue in 2022 was $14,853,369.
Official website here: www.nwlett.edu/
Who are the executives of Northwest Laborers - Employers Training Trust and what are their salaries?
The average compensation at Northwest Laborers - Employers Training Trust during 2022 was $81,929. There are 52 employees at Northwest Laborers - Employers Training Trust.
Here are 19 key members and their salaries:
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- Compensation: $114,300
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- Other: $52,591
Official website here: www.nwlett.edu/
Where can I find the form 990 for Northwest Laborers - Employers Training Trust?
Northwest Laborers - Employers Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwlett.edu/
Learn more at the official website: www.nwlett.edu/
Mission Statement of Northwest Laborers - Employers Training Trust
The Northwest Laborers - Employers Training Trust is a dedicated organization that prioritizes the provision of ongoing education and training for its union members. With a mission to build careers and increase the competitive edge of its employers, the Trust offers continuous learning opportunities that cater to industry requirements.
By investing in the development of its workforce, the Northwest Laborers - Employers Training Trust aims to create a skilled and competent labor force that can adapt to the ever-evolving needs of various industries. This not only benefits individual members by broadening their skill sets and enhancing their employability, but also empowers employers to maintain a competitive edge in their respective markets.
The training programs offered by the Northwest Laborers - Employers Training Trust are meticulously designed to meet the demands of the industry, ensuring that the workforce remains knowledgeable and up-to-date with the latest trends and techniques. This commitment to education and training not only fosters a culture of continuous improvement but also contributes to the ongoing success of the labor movement as a whole.
By providing a robust training infrastructure, the Northwest Laborers - Employers Training Trust plays a vital role in bridging the gap between labor and industry, ensuring that the workforce is well-equipped to face the challenges of the modern job market. The organization's unwavering dedication to workforce development not only strengthens the labor movement but also sets the standard for excellence in the realm of vocational training.
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Impact
October, 2024
The Northwest Laborers - Employers Training Trust significantly impacts the workforce by delivering targeted training and education to union members. By focusing on continuous workforce education, they address industry needs and equip members with essential skills, enhancing their career prospects. This training not only helps individuals build successful careers but also strengthens the competitive advantage of employers in the region. Their efforts foster a skilled workforce that meets the demands of the marketplace, ultimately benefiting both workers and employers alike. Through these initiatives, the Trust plays a crucial role in advancing the labor community in Bothell, WA, and beyond.
This information is meant to be a general summary of Northwest Laborers - Employers 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: $488,939
- Program Service Revenue: $12,581,125
- Gross Receipts: $14,853,369
Assets and Liabilities:
- Total Assets: $25,481,278
- Total Liabilities: $547,472
- Net Assets: $24,933,806
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$12,581,125
Organization Details
Founding Year
1985
Phone
(206) 282-4100Principal Officer
Stacy Martin
Main Address
11724 NORTHEAST 195TH STREET 300, BOTHELL, WA, 98011
Website
www.nwlett.edu/NTEE Category
Code: J22I - Employment
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