Overview
What is Alaska Laborers Construction Industry Training Fund?
Alaska Laborers Construction Industry Training Fund is a nonprofit organization situated in Chugiak, Alaska. With a workforce of 33 individuals, their primary mission is to offer training and retraining programs for Alaska's laborers within the construction industry. This nonprofit's endeavors aim to enhance the skills and capabilities of Alaska's labor force, thereby contributing to the growth and development of the construction sector in the state. The specifics of their programs and services are not provided in the information, but it is clear that they are dedicated to supporting the professional growth of Alaska's construction workforce.
Official website here: www.aklts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
The Alaska Laborers Construction Industry Training Fund has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is based entirely on its accountability and finance practices, reflecting the organization's commitment to transparency and responsible financial management.
The Fund demonstrates strengths in multiple areas, such as having a clean audit with no material diversion of assets and maintaining a low liabilities to assets ratio of 0.23%. Additionally, it scores well on its program expense ratio, allocating 86.51% of its budget to programs, which suggests a strong focus on its mission and effective use of resources.
While the score is commendable, it is primarily driven by financial metrics. There may be other aspects of organizational performance, such as impact and community engagement, that are not covered in this rating. Overall, the Fund appears to be a financially responsible nonprofit with a strong framework for accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Alaska Laborers Construction Industry Training Fund?
94% of 8 reviewers on Facebook recommend the Alaska Laborers Construction Industry Training Fund. The sentiment expressed in the reviews highlights a strong appreciation for the training provided by the organization.
One reviewer noted their experience was "amazing" and expressed eagerness for future training opportunities, suggesting that participants feel well-supported and motivated by the curriculum and instructors. This indicates that the nonprofit successfully meets the needs and expectations of its trainees.
Overall, the organization appears to be delivering valuable training that resonates positively with participants, fostering enthusiasm for continued learning within the construction industry.
This AI summary has been generated from reviews found on Facebook.
Is Alaska Laborers Construction Industry Training Fund legitimate?
Alaska Laborers Construction Industry Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Laborers Construction Industry Training 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $890,104
For more financial information, click here
Official website here: www.aklts.org
What is the mission statement of Alaska Laborers Construction Industry Training Fund?
The Alaska Laborers Construction Industry Training Fund is dedicated to providing training and retraining programs for Alaska's laborers. Their mission is to equip workers with the necessary skills to excel in the construction industry, enhancing their career prospects and contributing to the industry's growth. Through these programs, they aim to foster a skilled workforce, ensuring that construction projects in Alaska are executed efficiently and safely. The fund's activities are centered around providing training, which can include both initial education and continuous skill development, thereby empowering laborers to advance in their careers.
Official website here: www.aklts.org
Who is the CEO of Alaska Laborers Construction Industry Training Fund?
Steve Geraghty is the Trustee, Chairman of Alaska Laborers Construction Industry Training Fund.
Official website here: www.aklts.org
What is the revenue of Alaska Laborers Construction Industry Training Fund?
Alaska Laborers Construction Industry Training Fund's revenue in 2022 was $2,346,727.
Official website here: www.aklts.org
Who are the executives of Alaska Laborers Construction Industry Training Fund and what are their salaries?
The average compensation at Alaska Laborers Construction Industry Training Fund during 2022 was $26,973. There are 33 employees and 8 volunteers at Alaska Laborers Construction Industry Training Fund.
Here are 9 key members and their salaries:
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- Compensation: $124,309
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- Other: $98,938
Official website here: www.aklts.org
Where can I find the form 990 for Alaska Laborers Construction Industry Training Fund?
Alaska Laborers Construction Industry Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aklts.org
Learn more at the official website: www.aklts.org
Mission Statement of Alaska Laborers Construction Industry Training Fund
Alaska Laborers Construction Industry Training Fund is dedicated to providing training and retraining programs for Alaska's laborers. This nonprofit organization's mission is to equip laborers with the necessary skills and knowledge to excel in their respective construction-related fields. By offering a range of training programs, Alaska Laborers Construction Industry Training Fund aims to enhance the competence and efficiency of Alaska's labor force, thereby contributing to the growth and development of the construction industry in the state.
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Impact
July, 2024
Alaska Laborers Construction Industry Training Fund's impact lies in providing vital training and retraining programs for Alaska laborers, thereby equipping them with the necessary skills and knowledge to excel in the construction industry. Through its efforts in Chugiak, AK, this organization has made significant contributions towards enhancing the capabilities and career opportunities of laborers in Alaska. By focusing on education and skill development, the Alaska Laborers Construction Industry Training Fund is playing a crucial role in empowering individuals and promoting a skilled workforce in the region.
This information is meant to be a general summary of Alaska Laborers Construction Industry Training 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: $41,683
- Program Service Revenue: $1,727,420
- Gross Receipts: $3,041,807
Assets and Liabilities:
- Total Assets: $17,947,476
- Total Liabilities: $105,777
- Net Assets: $17,841,699
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,727,420
Organization Details
Founding Year
1967
Phone
(907) 845-8858Principal Officer
Steve Geraghty
Main Address
17805 OLD GLENN HIGHWAY, CHUGIAK, AK, 99567
Website
www.aklts.orgNTEE Category
Code: B30 - Education
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