Overview
What is Sheet Metal Training Fund?
The Sheet Metal Training Fund, located in Portland, Oregon, serves as a prominent figure in the sheet metal industry, providing unparalleled training opportunities. With a team of experienced professionals boasting over 200 years of sheet metal expertise and 40 years of teaching experience, they ensure their apprentices and journey-persons thrive in their careers. The organization's facilities are modern and state-of-the-art, and their areas of instruction include HVAC, architectural, and industrial sheet metal, as well as service. The Sheet Metal Apprenticeship, established over a century ago, has evolved into the comprehensive training program it is today since 1973. With a current Portland campus and an additional one in Springfield, they offer a 5-year program, graduating an average of 75 apprentices annually. Their mission is to be the leading recruiter, educator, and trainer of skilled craftspeople in the sheet metal industry, aiming to provide a high-paying and meaningful career that enriches individuals, families, and communities.
Official website here: www.sheetmetalinstitute.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Sheet Metal Training Fund has achieved a remarkable 96% rating from Charity Navigator, indicating a high level of accountability and finance management. This score is derived entirely from its robust practices, showcasing the organization’s commitment to maintaining transparency and responsible stewardship of resources. The fund has been recognized for having a fully independent board, with all members meeting the criteria for independence, which enhances its governance.
Strengths of the organization include an impressive program expense ratio of 80.90%, signifying that a significant portion of its funds is directly allocated to its programs rather than administrative costs. Additionally, the absence of any material diversion of assets demonstrates a strong financial integrity. The organization also shows comprehensive policies in place for conflicts of interest and whistleblower protections, further reinforcing its accountability practices.
While the overall metrics are highly positive, limitations in donor engagement or programmatic impact were not detailed in the available data. However, the strong financial health and governance exemplified by the Sheet Metal Training Fund set a solid foundation for its ongoing operations and mission fulfillment.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Sheet Metal Training Fund?
90% of the 23 reviewers on Facebook recommend the Sheet Metal Training Fund. Here is a summary of their reviews:
Many commenters express positive sentiments, highlighting the effectiveness of the training programs offered by the organization. Users appreciate the hands-on approach and the knowledgeable instructors, noting that these contribute significantly to skill development in the field.
The overall sentiment reveals a strong satisfaction with the nonprofit's services, indicating that it fulfills its mission and meets the needs of individuals seeking training in sheet metal work.
This AI summary has been generated from reviews found on Facebook.
Is Sheet Metal Training Fund legitimate?
Sheet Metal Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal 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: $177,165
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,123,860
For more financial information, click here
Official website here: www.sheetmetalinstitute.org
What is the mission statement of Sheet Metal Training Fund?
The Sheet Metal Training Fund's mission is centered around leading in the recruitment, education, and training of skilled craftspeople within the sheet metal industry. Their vision is to serve as a gateway to high-paying and fulfilling careers in this sector, enriching not only the individuals but also their families and communities. The organization offers top-notch training in various areas of sheet metal, including HVAC, architectural, and industrial sheet metal, and service. With a dedicated team boasting over 200 years of sheet metal experience and 40 years of teaching expertise, they ensure their apprentices and journeypeople enjoy successful careers. Their facilities are state-of-the-art, and they boast an apprenticeship program that has been in operation for over a century. Annually, they graduate around 75 apprentices, helping to contribute to the industry's skilled workforce.
Official website here: www.sheetmetalinstitute.org
What is the revenue of Sheet Metal Training Fund?
Sheet Metal Training Fund's revenue in 2023 was $3,005,659.
Official website here: www.sheetmetalinstitute.org
Who are the executives of Sheet Metal Training Fund and what are their salaries?
The average compensation at Sheet Metal Training Fund during 2023 was $61,954. There are 21 employees and 23 volunteers at Sheet Metal Training Fund.
Here are 14 key members and their salaries:
- Compensation: $128,796
- Related: $0
- Other: $48,369
- Compensation: $121,014
- Related: $0
- Other: $48,369
- Compensation: $119,105
- Related: $0
- Other: $48,979
- Compensation: $116,528
- Related: $0
- Other: $48,202
- Compensation: $116,096
- Related: $0
- Other: $48,430
- Compensation: $115,754
- Related: $0
- Other: $48,369
- 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.sheetmetalinstitute.org
Where can I find the form 990 for Sheet Metal Training Fund?
Sheet Metal Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sheetmetalinstitute.org
Learn more at the official website: www.sheetmetalinstitute.org
Mission Statement of Sheet Metal Training Fund
The Sheet Metal Training Fund, a renowned organization, is committed to leading the recruitment, education, and training of skilled craftspeople in the sheet metal industry. Their mission is to serve as a gateway to high-paying and meaningful careers in this sector, enriching not only the individuals but also their families and communities. By offering unmatched training, this organization ensures the success of its apprentices and journeyworkers, providing them with the best-trained workforce in the industry. With a dedicated team boasting over 200 years of sheet metal experience and 40 years of teaching expertise, the Sheet Metal Training Fund stands out as an exceptional organization. Their areas of instruction span across HVAC, architectural and industrial sheet metal, and service. Established over a century ago, the union sheet metal apprenticeship program of the Sheet Metal Training Fund has evolved significantly, with the modern apprenticeship training in place since 1973. The organization's commitment to continuous growth is evident in its expansion, moving into its current Portland campus in 1995 and opening a second campus in Springfield, Oregon, in 2011. At any given time, over 300 apprentices are enrolled in the 5-year program, with an average of 75 graduates each year. Through hard work and dedication, these apprentices earn their journey cards, officially becoming journeypersons.
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Impact
July, 2024
The Sheet Metal Training Fund is the leader in the recruitment, education, and training of skilled craftspeople in the sheet metal industry. With state-of-the-art facilities and a dedicated team boasting over 200 years of sheet metal experience, the impact of the Sheet Metal Training Fund is significant.
By offering unmatched training in HVAC, architectural and industrial sheet metal, and service, the Sheet Metal Training Fund ensures that apprentices and journeypersons have successful careers. With over 300 apprentices enrolled in their 5-year program at any given time, and an average of 75 apprentices graduating each year, the Fund plays a crucial role in providing a pathway to high-paying and meaningful careers in the sheet metal industry.
Through their mission to be the gateway to a fulfilling career in sheet metal that enriches individuals, families, and communities, the Sheet Metal Training Fund is making a tangible impact on employment opportunities and the overall quality of the sheet metal workforce.
This information is meant to be a general summary of Sheet Metal 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 2023.
- Investment Income: $112,202
- Program Service Revenue: $2,773,815
- Gross Receipts: $3,090,199
Assets and Liabilities:
- Total Assets: $7,675,025
- Total Liabilities: $214,917
- Net Assets: $7,460,108
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$2,648,970
TRAINING & REIMBURSEME
Revenue
$124,845
Organization Details
Founding Year
1969
Principal Officer
Rob Postma
Website
www.sheetmetalinstitute.orgNTEE Category
Code: J22Z - Employment
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