Overview
What is Oetf Training Llc?
Oetf Training LLC is a title-holding company situated in Alameda, California. It primarily serves as a property holder, specifically for lot 1190 in Kahuku, Oahu, Hawaii, on behalf of its sole member. This sole member is a 501(c)(5) organization dedicated to offering apprentice and journeyman training. The nonprofit entity manages all the revenues and expenses related to its operations, while Oetf Training LLC simply maintains the property title. The sole purpose of Oetf Training LLC is to facilitate property ownership for its nonprofit counterpart, contributing to the organization's training missions.
Is Oetf Training Llc legitimate?
Oetf Training Llc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Oetf Training Llc 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:
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What is the mission statement of Oetf Training Llc?
Oetf Training LLC does not have a clearly defined mission statement as a company, but its purpose can be inferred from its role as a title holding company for a property. The property is used by a 501(c)(5) organization that provides apprentice and journeyman training. While Oetf Training LLC does not engage in direct training activities, it supports this mission by holding the title to the property on behalf of the organization. The revenue and expenditures related to the property are reported by the 501(c)(5) organization, which is the primary entity responsible for the training activities. In essence, Oetf Training LLC provides a necessary service, enabling the training organization to focus on its core mission without being burdened by property-related matters.
What is the revenue of Oetf Training Llc?
Oetf Training Llc's revenue in 2021 was $0.
Who are the executives of Oetf Training Llc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Oetf Training Llc?
Oetf Training Llc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Oetf Training Llc
Oetf Training LLC, as a title holding company, plays a supporting role in the mission of its sole member, a 501(c)(5) organization. This nonprofit organization is dedicated to providing apprentice and journeyman training. While Oetf Training LLC does not directly engage in this mission, its role is vital in ensuring the organization has the necessary property rights to carry out its educational initiatives. The revenues and expenditures related to this property are reported by the sole member, allowing the organization to focus solely on its primary mission of providing valuable training opportunities.
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Impact
October, 2024
Oetf Training LLC plays a significant role in community improvement by holding title to a property in Kahuku, Oahu, Hawaii, which supports the operations of its sole member, a 501(c)(5) organization focused on apprentice and journeyman training. This strategic property management facilitates training programs aimed at enhancing skills and providing career opportunities. By managing this asset, Oetf Training LLC indirectly contributes to the development of a skilled workforce, which is essential for the economic growth of the community. The collaborative efforts between the LLC and its member organization also foster a culture of learning and professional development, ultimately benefiting the local economy and community well-being.
This information is meant to be a general summary of Oetf Training Llc. 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 2021.
Assets and Liabilities:
- Total Assets: $1,841,329
- Total Liabilities: $0
- Net Assets: $1,841,329
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Organization Details
Founding Year
2001
Principal Officer
Ryan Ilacqua
NTEE Category
Code: S47 - Community improvement
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