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Local 251 Training Fund

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

EIN: 050516080 ✦ Providence, RI ✦ Designated as a 501(c)(3)

Overview

What is Local 251 Training Fund?

The Local 251 Training Fund is a nonprofit organization situated in Providence, Rhode Island (RI). With a team of nine dedicated individuals, their primary mission is to educate and train both their members and unemployed individuals from both RI and Massachusetts (MA). Their goal is to equip these individuals with specialized skills, thereby enhancing their employability prospects. The organization's activities are centered around this objective, providing a platform for individuals to acquire the necessary skills to excel in their respective fields.


Is Local 251 Training Fund legitimate?

Local 251 Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local 251 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,760

For more financial information, click here


What is the mission statement of Local 251 Training Fund?
Who is the CEO of Local 251 Training Fund?
What is the revenue of Local 251 Training Fund?
Who are the executives of Local 251 Training Fund and what are their salaries?
Where can I find the form 990 for Local 251 Training Fund?

Mission Statement of Local 251 Training Fund

Local 251 Training Fund is an organization dedicated to educating and training individuals in specialized skills, with the ultimate goal of preparing them for employment opportunities. This nonprofit focuses on equipping its members and unemployed individuals from the states of Rhode Island and Massachusetts with the necessary skills to qualify for various employment sectors. By providing comprehensive training programs, Local 251 Training Fund plays a significant role in enhancing the employability of its trainees, thereby contributing to their personal and professional growth.

Impact

This information is meant to be a general summary of Local 251 Training Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Local 251 Training Fund's impact is significant in training and educating individuals in specialized skills to qualify for employment. Through its programs, it equips members and unemployed individuals in Rhode Island and Massachusetts with the necessary skills to secure employment opportunities. This initiative is vital in enhancing the workforce and providing individuals with the tools they need to succeed in their careers.





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: $8,411
  • Program Service Revenue: $471,739
  • Gross Receipts: $507,548

    • Assets and Liabilities:
  • Total Assets: $287,654
  • Total Liabilities: $34,102
  • Net Assets: $253,552
  • Programs

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

    Employer contributions

    Revenue

    $59,340

    Miscellaneous

    Revenue

    $1,318

    State of RI reimbursement

    Revenue

    $321,417

    Tuition-member/nonmember

    Revenue

    $89,664

    Organization Details

    Principal Officer

    Matthew Taibi

    Main Address

    1201 Elmwood Avenue, Providence, RI, 02907

    NTEE Category

    Code: B990 - Education

    If you are a representative of Local 251 Training Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.