Overview
What is Alaska Operating Engineers Employers Training Trust Fund?
The Alaska Operating Engineers Employers Training Trust Fund is a nonprofit organization situated in Palmer, Alaska. Its primary focus is to educate and retain employees, as well as prospective workers, within industries governed by collective bargaining agreements. This entity is committed to equipping Alaskan laborers with the necessary skills to adapt to the continually evolving requirements of the construction-related industries. Based on the provided information, the organization has a workforce of 35 individuals.
Official website here: www.aoeett.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Alaska Operating Engineers Employers Training Trust Fund has achieved a commendable score of 96%, reflecting a strong commitment to accountability and financial integrity. This high rating is entirely derived from their accountability and finance practices, indicating a robust framework for managing their resources effectively.
The organization has demonstrated significant strengths, including a fully independent board with eight members, and effective oversight measures such as an established audit and oversight committee. Their financial health is also noteworthy, with a low liabilities-to-assets ratio and a high percentage of program expenses, ensuring that the majority of their resources are directed towards their mission.
While the data highlights their strong performance in finance and accountability, specific limitations or challenges faced by the organization have not been detailed. Overall, the Trust Fund's commitment to transparency and effective resource management positions it well in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Alaska Operating Engineers Employers Training Trust Fund legitimate?
Alaska Operating Engineers Employers Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Operating Engineers Employers Training Trust 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: $207,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,368,473
For more financial information, click here
Official website here: www.aoeett.org
What is the mission statement of Alaska Operating Engineers Employers Training Trust Fund?
The Alaska Operating Engineers Employers Training Trust Fund's mission is to prepare workers in the construction-related industries with the necessary skills to adapt to the ever-evolving needs of their field. This organization, under a collective bargaining agreement, focuses on training and retaining employees and prospective employees, ensuring they are equipped to excel in their respective industries. By doing so, the fund aims to contribute to the continued success and growth of these industries.
Official website here: www.aoeett.org
Who is the CEO of Alaska Operating Engineers Employers Training Trust Fund?
Michael Holcomb is the Administrator of Alaska Operating Engineers Employers Training Trust Fund.
Official website here: www.aoeett.org
What is the revenue of Alaska Operating Engineers Employers Training Trust Fund?
Alaska Operating Engineers Employers Training Trust Fund's revenue in 2022 was $4,266,613.
Official website here: www.aoeett.org
Who are the executives of Alaska Operating Engineers Employers Training Trust Fund and what are their salaries?
The average compensation at Alaska Operating Engineers Employers Training Trust Fund during 2022 was $45,028. There are 35 employees and 9 volunteers at Alaska Operating Engineers Employers Training Trust Fund.
Here are 13 key members and their salaries:
- Compensation: $136,128
- Related: $0
- Other: $74,913
- Compensation: $108,018
- Related: $0
- Other: $73,638
- Compensation: $107,412
- Related: $0
- Other: $73,509
- Compensation: $107,300
- Related: $0
- Other: $73,460
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.aoeett.org
Where can I find the form 990 for Alaska Operating Engineers Employers Training Trust Fund?
Alaska Operating Engineers Employers Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aoeett.org
Learn more at the official website: www.aoeett.org
Mission Statement of Alaska Operating Engineers Employers Training Trust Fund
The Alaska Operating Engineers Employers Training Trust Fund is committed to a mission that revolves around training and retaining employees and prospective workers in industries operating under a collective bargaining agreement. This nonprofit organization strives to equip Alaskan workers with the necessary skills to adapt to the evolving demands of the construction-related industries. By offering comprehensive training programs, the Alaska Operating Engineers Employers Training Trust Fund aims to prepare the workforce to meet the ever-changing needs of their respective industries, thereby fostering a skilled and adaptable workforce in Alaska.
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Impact
July, 2024
The Alaska Operating Engineers Employers Training Trust Fund plays a crucial role in equipping Alaskan workers with the skills needed to meet the evolving demands of the construction-related industries. Through its training programs, the trust fund contributes to the development of a skilled workforce that can drive innovation and productivity in the sector. By investing in the training and retention of employees and prospective workers in industries covered by collective bargaining agreements, the trust fund helps enhance the quality of the workforce and supports economic growth in Alaska.
This information is meant to be a general summary of Alaska Operating Engineers Employers Training Trust 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$41,044
- Program Service Revenue: $3,907,657
- Gross Receipts: $5,649,088
Assets and Liabilities:
- Total Assets: $12,223,604
- Total Liabilities: $132,780
- Net Assets: $12,090,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING REVENUE
Revenue
$3,907,657
Organization Details
Founding Year
1976
Phone
(907) 746-3117Principal Officer
Michael Holcomb
Main Address
PO Box 0989, Palmer, AK, 99645
Website
www.aoeett.orgNTEE Category
Code: J22I - Employment
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