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Steamfitters Local 420 Apprenticeship And Journeyman Training Fund

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

EIN: 236209472 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Steamfitters Local 420 Apprenticeship And Journeyman Training Fund?

Steamfitters Local 420 Apprenticeship and Journeyman Training Fund is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary focus is providing structured training for apprentices and journeymen in the steamfitters' local union number 420. This training aims to maintain the high level of skill and competence required in the pipe trades. The apprenticeship program is considered the most practical and comprehensive method to prepare individuals for skilled craft work and ensure an adequate supply of skilled workers in the industry. Currently, there are approximately 400 day and evening students enrolled in this program. The organization's mission is entirely dedicated to this purpose, with all revenues and expenses supporting this noble cause.


Is Steamfitters Local 420 Apprenticeship And Journeyman Training Fund legitimate?

Steamfitters Local 420 Apprenticeship And Journeyman Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steamfitters Local 420 Apprenticeship And Journeyman 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: $1,605,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $642,337

For more financial information, click here


What is the mission statement of Steamfitters Local 420 Apprenticeship And Journeyman Training Fund?
Who is the CEO of Steamfitters Local 420 Apprenticeship And Journeyman Training Fund?
What is the revenue of Steamfitters Local 420 Apprenticeship And Journeyman Training Fund?
Who are the executives of Steamfitters Local 420 Apprenticeship And Journeyman Training Fund and what are their salaries?

The average compensation at Steamfitters Local 420 Apprenticeship And Journeyman Training Fund during 2022 was $70,237. There are 32 employees at Steamfitters Local 420 Apprenticeship And Journeyman Training Fund.

Here are 19 key members and their salaries:


Where can I find the form 990 for Steamfitters Local 420 Apprenticeship And Journeyman Training Fund?

Mission Statement of Steamfitters Local 420 Apprenticeship And Journeyman Training Fund

Steamfitters Local 420 Apprenticeship and Journeyman Training Fund recognizes the importance of structured training in maintaining the high level of skill and competence required in the pipe trades. To fulfill this need, the organization offers a registered apprenticeship program, which is considered the most practical and effective method to prepare individuals to become skilled craft workers and ensure an adequate supply of skilled workers within the industry. The primary goal of this nonprofit is to provide a comprehensive education program that equips apprentices and journeymen with the necessary skills and knowledge required in the pipe trades. All revenues and expenses are directed towards this purpose, making this the sole program service provided by Steamfitters Local 420 Apprenticeship and Journeyman Training Fund.

Impact

This information is meant to be a general summary of Steamfitters Local 420 Apprenticeship And Journeyman Training Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Steamfitters Local 420 Apprenticeship And Journeyman Training Fund's impact is significant in providing structured training and education for apprentices and journeymen in the steamfitters' trade. With approximately 400 day and evening students, the organization plays a crucial role in preparing individuals to be skilled craft workers in the pipe trades industry. By offering registered apprenticeship programs, the fund ensures a high level of skill and competence among workers, while also contributing to an adequate supply of skilled workers in the industry. This program is the primary focus of the organization, with all revenues and expenses directed towards this purpose.





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: $-1
  • Program Service Revenue: $3,648,481
  • Gross Receipts: $3,669,571

    • Assets and Liabilities:
  • Total Assets: $3,714,254
  • Total Liabilities: $9,693
  • Net Assets: $3,704,561
  • Programs

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

    RECEIPTS FROM EMPLOYER

    Revenue

    $3,505,174

    STUDENT FEES

    Revenue

    $115,128

    WELDING PROGRAM RECEIP

    Revenue

    $28,179

    Organization Details

    Founding Year

    1955

    Principal Officer

    Thomas F Redden Iii

    Main Address

    14420 TOWNSEND ROAD SUITE C, PHILADELPHIA, PA, 19154

    NTEE Category

    Code: J22Z - Employment

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