Employers-Shopmen's Local No 516 Trainee Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 936127035 ✦ Portland, OR ✦ Designated as a 501(c)(5)

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Overview

What is Employers-Shopmen's Local No 516 Trainee Trust?

Employers-Shopmen's Local No 516 Trainee Trust is a nonprofit organization situated in Portland, Oregon. Their primary focus is on providing training and instruction to both apprentices and journeywomen in the ironworking trade. This organization operates with a mission to educate and develop the skills of its members, offering comprehensive training programs. With a team of seven dedicated individuals, they are committed to supporting the growth and development of professionals in the ironworking industry.

Is Employers-Shopmen's Local No 516 Trainee Trust legitimate?

Employers-Shopmen's Local No 516 Trainee Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Employers-Shopmen's Local No 516 Trainee 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: $6,399
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,171

For more financial information, click here

What is the mission statement of Employers-Shopmen's Local No 516 Trainee Trust?

The Employers-Shopmen's Local No 516 Trainee Trust is committed to providing educational training programs for apprentices and journeymen in the iron working trade. Their mission is centered around instructing and educating individuals in this field, aiming to equip them with the necessary skills for their profession. The focus is on the iron working trade, ensuring that the trainees receive specialized and comprehensive education. The trust's activities primarily revolve around offering training and instruction to both apprentices and journeymen in this particular trade.

Who is the CEO of Employers-Shopmen's Local No 516 Trainee Trust?

Laramie Lexow is the Trustee of Employers-Shopmen's Local No 516 Trainee Trust.

What is the revenue of Employers-Shopmen's Local No 516 Trainee Trust?

Employers-Shopmen's Local No 516 Trainee Trust's revenue in 2022 was $37,743.

Who are the executives of Employers-Shopmen's Local No 516 Trainee Trust and what are their salaries?

The average compensation at Employers-Shopmen's Local No 516 Trainee Trust during 2022 was $2,796. There are 7 employees at Employers-Shopmen's Local No 516 Trainee Trust.


Here are 6 key members and their salaries:


Laramie Lexow (Trustee)
  • Compensation: $6,399
  • Related: $0
  • Other: $0
Andrey Deyna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Padilla (Secretary, T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Roth (Chairman, Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Speakman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Fahey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Employers-Shopmen's Local No 516 Trainee Trust?

Employers-Shopmen's Local No 516 Trainee Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Employers-Shopmen's Local No 516 Trainee Trust

Employers-Shopmen's Local No 516 Trainee Trust is committed to providing educational training programs for apprentices and journeymen in the iron working trade. Their mission is centered around equipping individuals with the necessary skills and knowledge required in this trade. Through their programs, they aim to provide both theoretical and practical instruction to journeymen and apprentice shopmen in the iron working field. The ultimate goal of Employers-Shopmen's Local No 516 Trainee Trust is to foster a workforce that is competent and well-equipped to excel in the iron working trade.

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Impact




October, 2024

Employers-Shopmen's Local No 516 Trainee Trust provides essential training and educational programs for apprentices and journeymen in the iron working trade. Based in Portland, Oregon, the Trust focuses on equipping participants with the necessary skills and knowledge to excel in their profession. By offering comprehensive training and instruction, it enhances workforce readiness, promotes safety standards, and cultivates expertise within the industry.

The impact of this initiative extends beyond individual skill development; it strengthens the overall iron working trade community by ensuring a steady pipeline of qualified workers. Furthermore, the Trust contributes to economic stability in the region by fostering job opportunities and enhancing productivity in the construction and manufacturing sectors. Overall, Employers-Shopmen's Local No 516 Trainee Trust plays a crucial role in shaping the future of the iron working workforce, leading to a more skilled and competitive labor market.




This information is meant to be a general summary of Employers-Shopmen's Local No 516 Trainee 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.

Revenue
$37,743 (2022)
Expenses
$47,800 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $495
  • Program Service Revenue: $63,437
  • Gross Receipts: $85,910

Assets and Liabilities:

  • Total Assets: $522,769
  • Total Liabilities: $561
  • Net Assets: $522,208

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$63,437

Organization Details

Founding Year

1977

Principal Officer

Laramie Lexow

Main Address

11620 NE AINSWORTH CIRCLE SUITE 100, PORTLAND, OR, 972209016

NTEE Category

Code: J40 - Employment

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