Overview
What is Sheet Metal Industry Apprenticeship Training Trust Fund?
The Sheet Metal Industry Apprenticeship Training Trust Fund is a nonprofit organization situated in Fresno, California, with a team of five dedicated individuals. Its primary goal is to establish, provide, and support a program aimed at the education and training of apprentices and journeyworkers within the sheet metal industry. This includes offering training classes, providing opportunities for retraining journeyworkers, and testing potential applicants. The trust's mission revolves around fostering professional growth and development within this specific sector, ensuring a skilled and competent workforce for the future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
The Sheet Metal Industry Apprenticeship Training Trust Fund has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an impressive score of 94%, the organization demonstrates effective management and transparency in its operations, which is crucial for building trust among stakeholders and supporters.
Strengths of the organization include a fully independent board with 100% of its members meeting the independence criteria and a robust financial oversight structure, including an Audit and Oversight Committee. The program expense ratio of 76.88% indicates that a significant portion of their funds is directed towards their mission-related programs, demonstrating their focus on educational and training initiatives in the sheet metal industry.
There are no significant limitations noted in the data, as the organization maintains a strong conflict of interest policy, whistleblower protections, and proper document retention practices. Overall, this charity stands out for its solid governance and dedication to providing valuable training resources.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Industry Apprenticeship Training Trust Fund legitimate?
Sheet Metal Industry Apprenticeship Training Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Industry Apprenticeship 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: $189,773
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,188
For more financial information, click here
What is the mission statement of Sheet Metal Industry Apprenticeship Training Trust Fund?
The Sheet Metal Industry Apprenticeship Training Trust Fund was established with a mission to create, provide, and support a program for the training and education of apprentices and journeymen in the sheet metal industry. This mission is fulfilled by offering training classes for apprentices and providing retraining opportunities for journeymen. The trust also involves the testing of potential applicants to ensure they meet the necessary standards. The ultimate goal is to equip these individuals with the necessary skills to excel in their careers in the sheet metal industry.
Who is the CEO of Sheet Metal Industry Apprenticeship Training Trust Fund?
Ken Mcneal is the Trustee of Sheet Metal Industry Apprenticeship Training Trust Fund.
What is the revenue of Sheet Metal Industry Apprenticeship Training Trust Fund?
Sheet Metal Industry Apprenticeship Training Trust Fund's revenue in 2022 was $619,005.
Who are the executives of Sheet Metal Industry Apprenticeship Training Trust Fund and what are their salaries?
The average compensation at Sheet Metal Industry Apprenticeship Training Trust Fund during 2022 was $50,392. There are 5 employees at Sheet Metal Industry Apprenticeship Training Trust Fund.
Here are 9 key members and their salaries:
- Compensation: $114,840
- Related: $0
- Other: $83,967
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sheet Metal Industry Apprenticeship Training Trust Fund?
Sheet Metal Industry Apprenticeship Training Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Industry Apprenticeship Training Trust Fund
The Sheet Metal Industry Apprenticeship Training Trust Fund was established with a mission to create, provide, and support a program aimed at the training and education of apprentices and journeywomen in the sheet metal industry. This nonprofit organization is committed to offering comprehensive training classes for apprentices and retraining opportunities for existing journeywomen, ensuring a skilled workforce in the sheet metal sector. The Trust Fund also includes testing mechanisms for evaluating potential applicants, further strengthening the quality of its training programs.
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Impact
July, 2024
The Sheet Metal Industry Apprenticeship Training Trust Fund has had a significant impact on the sheet metal industry by providing a structured program for the training and education of apprentices and journeymen. Through training classes for apprentices and retraining programs for journeymen, the Trust Fund has played a crucial role in developing skilled professionals in the sheet metal industry. Additionally, by testing applicants and ensuring a high standard of quality in the training process, the Trust Fund helps maintain the industry's excellence and competitiveness. Overall, the Trust Fund's impact can be seen in the development of a highly skilled workforce that contributes to the growth and success of the sheet metal industry.
This information is meant to be a general summary of Sheet Metal Industry Apprenticeship 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: $87
- Program Service Revenue: $618,918
- Gross Receipts: $619,005
Assets and Liabilities:
- Total Assets: $2,243,055
- Total Liabilities: $913,307
- Net Assets: $1,329,748
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$102,285
INSURANCE PROCEEDS
Revenue
$57,712
Membership Dues & Assessments
Revenue
$399,207
OTHER
Revenue
$293
REAL PROPERTY RENTAL
Revenue
$59,421
Organization Details
Founding Year
1983
Phone
(559) 255-3665Principal Officer
Ken Mcneal
Main Address
5410 E HOME, FRESNO, CA, 93727
NTEE Category
Code: J22 - Employment
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