Sheetmetal Workers Training Fund

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

EIN: 996009480 ✦ Honolulu, HI ✦ Designated as a 501(c)(5)

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Overview

What is Sheetmetal Workers Training Fund?

The Sheetmetal Workers Training Fund, located in Honolulu, Hawaii, serves as a nonprofit organization dedicated to providing training benefits. Its primary mission is to coordinate and conduct an apprenticeship program for eligible employees in the sheet metal industry. The fund aims to offer suitable training opportunities to those who meet its requirements, thereby benefiting both the employees and their respective employers. The Sheetmetal Workers Training Fund plays a crucial role in upskilling the workforce in the sheet metal sector, thereby contributing to the industry's growth and development.

Is Sheetmetal Workers Training Fund legitimate?

Sheetmetal Workers Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheetmetal Workers Training 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,141

For more financial information, click here

What is the mission statement of Sheetmetal Workers Training Fund?

The Sheetmetal Workers Training Fund's mission, as stated, is geared towards providing training benefits. This mission applies to both employees and employers who meet the necessary eligibility requirements. In the former case, the fund aims to enhance their skills and knowledge through training programs. For employers, the fund offers benefits that potentially improve their workforce's competence and effectiveness. Notably, the fund coordinates and conducts the Sheet Metal Apprenticeship Program, which is a key aspect of its training activities.

Who is the CEO of Sheetmetal Workers Training Fund?

Ryan Loeffers is the Admin (Sept-Jan) of Sheetmetal Workers Training Fund.

What is the revenue of Sheetmetal Workers Training Fund?

Sheetmetal Workers Training Fund's revenue in 2023 was $1,581,758.

Who are the executives of Sheetmetal Workers Training Fund and what are their salaries?

There 8 volunteers at Sheetmetal Workers Training Fund.


Here are 12 key members and their salaries:


Rick Paulino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Skye Matsumoto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur B Tolentino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Saito (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanine Lum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Fujikawa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Rifkind (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aldon Kaopuiki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Saito (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Hirayama (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Nagata (Admin (Feb-June))
  • Compensation: $0
  • Related: $89,910
  • Other: $33,344
Ryan Loeffers (Admin (Sept-Jan))
  • Compensation: $0
  • Related: $45,769
  • Other: $10,332
Where can I find the form 990 for Sheetmetal Workers Training Fund?

Sheetmetal Workers Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sheetmetal Workers Training Fund

The Sheetmetal Workers Training Fund is committed to providing training benefits to eligible individuals and employers within its scope. In particular, its mission is to facilitate the Sheet Metal Apprenticeship Program, which involves coordinating and overseeing the training process for eligible employees in the sheet metal industry. By doing so, the fund aims to contribute to the professional development and skill enhancement of its beneficiaries, ultimately fostering a competent workforce in the sector.

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Impact




October, 2024

The Sheetmetal Workers Training Fund significantly enhances the skilled labor force through its apprenticeship training program, which coordinates and conducts extensive training for individuals pursuing careers in the sheet metal industry. By providing training benefits to eligible employees, the Fund equips apprentices with the necessary skills and knowledge, ensuring they are well-prepared to meet the demands of employers in Honolulu and beyond. This investment in workforce development not only elevates individual careers but also strengthens the overall industry by cultivating a proficient and capable labor pool, fostering economic growth and stability in the region.




This information is meant to be a general summary of Sheetmetal Workers Training 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.

Revenue
$1,581,758 (2023)
Expenses
$641,540 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $329,628
  • Program Service Revenue: $1,252,116
  • Gross Receipts: $1,581,758

Assets and Liabilities:

  • Total Assets: $7,959,955
  • Total Liabilities: $107,018
  • Net Assets: $7,852,937

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,251,624

LIQUIDATED DAMAGES

Revenue

$492

Organization Details

Founding Year

1964

Principal Officer

Ryan Loeffers

Main Address

1405 NORTH KING ST 403 403, HONOLULU, HI, 96817

NTEE Category

Code: J22 - Employment

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