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Laborers Training & Retraining Trust For Southern California

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

EIN: 952672750 ✦ Covina, CA ✦ Designated as a 501(c)(3)

Overview

What is Laborers Training & Retraining Trust For Southern California?

The Laborers Training & Retraining Trust for Southern California is a trust fund committed to offering training and facilities for construction laborers. Based in Covina, California, this nonprofit organization extends its services to individuals regardless of their sex, race, religion, age, or nationality. Their primary mission revolves around enhancing the skills and knowledge of construction laborers through comprehensive training and retraining programs. The trust fund's objective is to foster a well-equipped and qualified workforce in the construction industry.


Is Laborers Training & Retraining Trust For Southern California legitimate?

Laborers Training & Retraining Trust For Southern California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laborers Training & Retraining Trust For Southern California 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,473,134

For more financial information, click here


What is the mission statement of Laborers Training & Retraining Trust For Southern California?
Who is the CEO of Laborers Training & Retraining Trust For Southern California?
What is the revenue of Laborers Training & Retraining Trust For Southern California?
Who are the executives of Laborers Training & Retraining Trust For Southern California and what are their salaries?

The average compensation at Laborers Training & Retraining Trust For Southern California during 2022 was $93,793. There are 101 employees at Laborers Training & Retraining Trust For Southern California.

Here are 27 key members and their salaries:


Where can I find the form 990 for Laborers Training & Retraining Trust For Southern California?

Mission Statement of Laborers Training & Retraining Trust For Southern California

The Laborers Training & Retraining Trust For Southern California is a pioneering entity dedicated to equipping and enhancing the skills of construction laborers through training and retraining programs. By offering these essential services, the organization fosters the growth and development of the construction workforce, making no distinctions based on sex, race, religion, age, or nationality.

Founded as a trust fund, Laborers Training & Retraining Trust For Southern California has made a significant impact in the southern California region by providing top-notch training facilities for construction laborers. Their unwavering commitment to the labor force is evident in their dedication to offering comprehensive and inclusive training programs that empower individuals to excel in their chosen careers.

The trust fund's mission is twofold. First, it focuses on providing essential training to construction laborers, thereby ensuring they remain competitive and skilled in their respective fields. Second, it offers retraining opportunities for those who may need to adapt to new technologies or techniques. In doing so, Laborers Training & Retraining Trust For Southern California plays a crucial role in fostering a dynamic and adaptable workforce within the construction industry.

Impact

This information is meant to be a general summary of Laborers Training & Retraining Trust For Southern California. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Laborers Training & Retraining Trust for Southern California plays a vital role in enhancing the skills and knowledge of construction laborers in the region. By providing training and retraining facilities, the trust fund equips workers with the necessary tools to excel in their roles on construction sites. This directly contributes to increasing the overall quality and efficiency of the labor force in the construction industry, ultimately leading to safer and more productive worksites. Additionally, by offering training services without discrimination, the trust fund promotes inclusivity and equal opportunities for all individuals seeking to pursue a career in construction.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $-961,790
  • Program Service Revenue: $22,072,409
  • Gross Receipts: $28,218,264

    • Assets and Liabilities:
  • Total Assets: $45,600,553
  • Total Liabilities: $1,906,061
  • Net Assets: $43,694,492
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $19,639,089

    LIQUIDATED DAMAGES

    Revenue

    $39,429

    APPRENTICESHIP PROGRAM REIMBURSEMENTS

    Revenue

    $2,393,891

    Organization Details

    Founding Year

    1970

    Principal Officer

    Robert Glaza

    Main Address

    1123 Park View Drive Ste 200, Covina, CA, 91724

    NTEE Category

    Code: J220 - Employment

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