Overview
What is Alaska Teamster-Employer Service Training Trust?
The Alaska Teamster-Employer Service Training Trust is a nonprofit organization situated in Anchorage, Alaska, specifically at 520 E 34TH AVENUE SUITE 201. Its primary mission is to offer vocational training in various industries, primarily those that fall under collective bargaining agreements. This nonprofit has demonstrated a significant impact, having provided training to over a thousand students. The organization, with a team of eight dedicated employees, contributes to the development of skilled workers in Alaska's workforce.
Official website here: www.akteamsterstraining.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69% overall score)
The Alaska Teamster-Employer Service Training Trust has received a two-star rating from Charity Navigator, indicating that the organization has significant room for improvement, particularly in its accountability and financial reporting practices. While they achieved a strong score in areas such as independent board member composition and program expense ratio, which stands at 74.45%, their financial statements were not available, resulting in a low score in that category.
Strengths of the organization include a fully independent board and effective management of assets, with a favorable liabilities to assets ratio of 4.61%. However, the lack of critical policies such as conflict of interest, whistleblower, and document retention policies raises concerns about governance practices. Furthermore, the absence of published financial documents on their website limits transparency and may affect donor trust.
Overall, while the Alaska Teamster-Employer Service Training Trust demonstrates effective programming through its financial performance, the need for improved accountability and the establishment of essential governance policies remains a key area for development. Without addressing these limitations, the organization may struggle to enhance its reputation and attract additional support.
This AI summary has been generated from information found on Charity Navigator.
Is Alaska Teamster-Employer Service Training Trust legitimate?
Alaska Teamster-Employer Service Training Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Teamster-Employer Service 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: $257,422
For more financial information, click here
Official website here: www.akteamsterstraining.com
What is the mission statement of Alaska Teamster-Employer Service Training Trust?
The Alaska Teamster-Employer Service Training Trust focuses on providing vocational training in various industries, encompassing those covered under collective bargaining agreements. This organization has successfully offered training to over 1000 students, aiming to equip individuals with the necessary skills for their respective industries. The mission of the trust is to contribute to workforce development and skills enhancement, thereby fostering personal and professional growth for its trainees.
Official website here: www.akteamsterstraining.com
Who is the CEO of Alaska Teamster-Employer Service Training Trust?
John Lovdahl is the Trustee of Alaska Teamster-Employer Service Training Trust.
Official website here: www.akteamsterstraining.com
What is the revenue of Alaska Teamster-Employer Service Training Trust?
Alaska Teamster-Employer Service Training Trust's revenue in 2022 was $641,360.
Official website here: www.akteamsterstraining.com
Who are the executives of Alaska Teamster-Employer Service Training Trust and what are their salaries?
The average compensation at Alaska Teamster-Employer Service Training Trust during 2022 was $32,178. There are 8 employees at Alaska Teamster-Employer Service Training Trust.
Here are 6 key members and their salaries:
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Official website here: www.akteamsterstraining.com
Where can I find the form 990 for Alaska Teamster-Employer Service Training Trust?
Alaska Teamster-Employer Service Training Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.akteamsterstraining.com
Learn more at the official website: www.akteamsterstraining.com
Mission Statement of Alaska Teamster-Employer Service Training Trust
The Alaska Teamster-Employer Service Training Trust is committed to providing vocational training in a variety of industries. This nonprofit organization offers its services to students, focusing on industries that are subject to collective bargaining agreements. With a mission to empower individuals, the Trust has successfully trained over 1000 students, equipping them with the necessary skills for their chosen careers.
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Impact
July, 2024
The Alaska Teamster-Employer Service Training Trust's impact is evident in the vocational training it provides in various industries, including those covered under collective bargaining agreements. With over 1000 students receiving training, it plays a crucial role in equipping individuals with the skills needed for employment in these industries. This not only enhances the workforce but also contributes to economic growth and stability by fostering a skilled labor pool.
This information is meant to be a general summary of Alaska Teamster-Employer Service 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: -$117,059
- Program Service Revenue: $99,218
- Gross Receipts: $641,360
Assets and Liabilities:
- Total Assets: $3,016,303
- Total Liabilities: $139,080
- Net Assets: $2,877,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EQUIPMENT RENT
Revenue
$97,862
TRAINING & FEES REVENUE
Revenue
$1,356
Organization Details
Founding Year
1981
Phone
(907) 278-3674Principal Officer
John Lovdahl
Main Address
520 E 34TH AVENUE SUITE 201, ANCHORAGE, AK, 99503
Website
www.akteamsterstraining.comNTEE Category
Code: J22 - Employment
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