Overview
What is Apprentice & Journeymen Trg Trust Fund?
The Apprentice & Journeymen Trg Trust Fund is a nonprofit organization situated in Van Nuys, California, with a workforce of 202 employees. Their primary mission is to provide educational programs for apprentices and journeymen within the plumbing and piping industry, specifically focusing on the Southern California region. Through these initiatives, they aim to establish, conduct, or participate in educational opportunities, enhancing the skills and knowledge of those working in this field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Apprentice & Journeymen Training Trust Fund has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score indicates a solid emphasis on transparency and responsible financial management, which is crucial for donor confidence and organizational integrity.
One of the organization's key strengths is its fully independent board, with eight out of eight members meeting the criteria for independence. Additionally, the trust fund has implemented comprehensive financial oversight measures, including a dedicated audit and oversight committee, which contributes to its high scores in various accountability metrics. The absence of material asset diversion and the presence of policies for conflict of interest and whistleblowing further enhance its credibility.
However, while the program expense ratio is reasonably high at 67.17%, it reflects room for improvement in aligning more funds directly with programmatic outcomes. Overall, the Apprentice & Journeymen Training Trust Fund demonstrates a strong commitment to financial integrity and effective governance, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Apprentice & Journeymen Trg Trust Fund legitimate?
Apprentice & Journeymen Trg Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apprentice & Journeymen Trg 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: $630,681
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,968,735
For more financial information, click here
What is the mission statement of Apprentice & Journeymen Trg Trust Fund?
The Apprentice & Journeymen Trg Trust Fund focuses on educational programs for apprentices and journeymen in the plumbing industry. Its mission is to establish, conduct, or participate in such programs within the plumbing and piping industry. The organization's efforts aim to enhance the skills and knowledge of those in the trade, contributing to their professional growth and development. Through these educational initiatives, the Trust Fund supports the plumbing industry by fostering a well-informed and competent workforce.
Who is the CEO of Apprentice & Journeymen Trg Trust Fund?
Preston Riehl is the Ceo of Apprentice & Journeymen Trg Trust Fund. The CEO's salary of Apprentice & Journeymen Trg Trust Fund is $193,131 and their total compensation is $324,027.
What is the revenue of Apprentice & Journeymen Trg Trust Fund?
Apprentice & Journeymen Trg Trust Fund's revenue in 2022 was $37,933,791.
Who are the executives of Apprentice & Journeymen Trg Trust Fund and what are their salaries?
The average compensation at Apprentice & Journeymen Trg Trust Fund during 2022 was $47,522. There are 202 employees and 21 volunteers at Apprentice & Journeymen Trg Trust Fund.
Here are 36 key members and their salaries (Apprentice & Journeymen Trg Trust Fund's CEO's salary is $193,131 and their total compensation is $324,027):
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- Other: $67,983
Where can I find the form 990 for Apprentice & Journeymen Trg Trust Fund?
Apprentice & Journeymen Trg Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Apprentice & Journeymen Trg Trust Fund
The Apprentice & Journeymen Trg Trust Fund is a dedicated organization that focuses on education and training for apprentices and journeymen in the plumbing industry. With a mission to establish, conduct, or participate in educational programs in Southern California, this nonprofit plays a crucial role in enhancing the skills and knowledge of those working in the plumbing and piping sector.
Through innovative educational programs tailored to apprentices and journeymen, the Apprentice & Journeymen Trg Trust Fund aims to make a significant difference in the plumbing industry. By investing in the development of these professionals, the organization contributes to the overall growth and success of the industry. The Trust Fund's commitment to education ensures that these individuals have the necessary tools and resources to excel in their careers and provide top-notch services to their clients.
By conducting and participating in educational programs, the Apprentice & Journeymen Trg Trust Fund demonstrates its unwavering dedication to the development of the plumbing industry's workforce. This commitment extends to both apprentices and journeymen, ensuring that professionals at all stages of their careers can benefit from the organization's initiatives. Through these programs, the Trust Fund empowers the next generation of plumbing professionals, fostering a skilled and knowledgeable workforce that is essential for the continued growth and success of the industry.
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Impact
October, 2024
The Apprentice & Journeymen Training Trust Fund significantly impacts the plumbing and piping industry in Southern California by providing essential educational programs for apprentices and journeymen. By offering structured training, it enhances the skills and knowledge of individuals entering or advancing within the trade. This education ensures that workers are well-equipped to meet industry standards and safety regulations, leading to improved workmanship and efficiency.
Furthermore, these programs help to address the skills gap in the plumbing sector by fostering a pipeline of qualified professionals. This not only benefits the individuals who receive training but also contributes to the overall quality of plumbing services available to the community. As a result, the initiative supports employment opportunities, economic growth, and the development of a highly skilled workforce that can adapt to the evolving demands of the industry. Through its efforts, the Trust Fund plays a crucial role in sustaining the plumbing profession and ensuring high standards of service for Southern California residents.
This information is meant to be a general summary of Apprentice & Journeymen Trg 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: $674,379
- Program Service Revenue: $36,119,904
- Gross Receipts: $98,762,652
Assets and Liabilities:
- Total Assets: $140,802,962
- Total Liabilities: $42,702,715
- Net Assets: $98,100,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$25,859,244
TRAINING PROGRAM REIMBURSEMENT
Revenue
$10,260,660
Organization Details
Founding Year
1956
Phone
(310) 604-0892Principal Officer
Preston Riehl
Main Address
7850 HASKELL AVE, VAN NUYS, CA, 91406
NTEE Category
Code: J22I - Employment
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