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Iron Workers' Local Union No 25 Training Fund

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

EIN: 386056778 ✦ Troy, MI ✦ Designated as a 501(c)(3)

Overview

What is Iron Workers' Local Union No 25 Training Fund?

Iron Workers' Local Union No 25 Training Fund is a nonprofit organization situated in Troy, Michigan. Established through a collective bargaining agreement, its primary mission is to provide comprehensive apprenticeship training for eligible employees. As of April 30, 2022, the program boasts approximately 300 participants. This fund is dedicated to covering training expenses, as outlined in the Apprenticeship Training Program. The organization, with a total of 8 employees, aims to equip its members with the necessary skills to excel in their respective fields.


Official website here: www.iw25fringe.org/

Is Iron Workers' Local Union No 25 Training Fund legitimate?

Iron Workers' Local Union No 25 Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Workers' Local Union No 25 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: $737,816

For more financial information, click here


Official website here: www.iw25fringe.org/

What is the mission statement of Iron Workers' Local Union No 25 Training Fund?

The Iron Workers' Local Union No 25 Training Fund's primary mission is to provide apprenticeship training to eligible employees. This initiative is aimed at defraying the associated training costs, as stipulated in the Apprenticeship Training Program. Established through a collective bargaining agreement, the fund has been instrumental in offering training opportunities for approximately 300 employees as of April 30, 2022.


Official website here: www.iw25fringe.org/

Who is the CEO of Iron Workers' Local Union No 25 Training Fund?

Michael Randick is the Training Coordinator of Iron Workers' Local Union No 25 Training Fund.


Official website here: www.iw25fringe.org/

What is the revenue of Iron Workers' Local Union No 25 Training Fund?

Iron Workers' Local Union No 25 Training Fund's revenue in 2022 was $4,335,147.


Official website here: www.iw25fringe.org/

Who are the executives of Iron Workers' Local Union No 25 Training Fund and what are their salaries?

The average compensation at Iron Workers' Local Union No 25 Training Fund during 2022 was $92,227. There are 8 employees and 18 volunteers at Iron Workers' Local Union No 25 Training Fund.

Here are 7 key members and their salaries:

    Matthew Rajda (Training Coordinator)
  • Compensation: $116,533
  • Related: $0
  • Other: $0

    • Michael Randick (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Sawhill (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Vlk (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Kerney (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Coffell (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Aguirre Ii (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.iw25fringe.org/

    Where can I find the form 990 for Iron Workers' Local Union No 25 Training Fund?

    The Iron Workers' Local Union No 25 Training Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.iw25fringe.org/

    Learn more at the official website: www.iw25fringe.org/

    Mission Statement of Iron Workers' Local Union No 25 Training Fund

    Iron Workers' Local Union No 25 Training Fund, established through a collective bargaining agreement, is dedicated to providing apprenticeship training for eligible employees. The mission of this fund is to defray the costs associated with this training, as outlined in the Apprenticeship Training Program. As of April 30, 2022, approximately 300 employees were enrolled in this program, benefiting from the fund's commitment to their professional development. The fund's purpose is to equip these employees with the necessary skills to excel in their respective roles within the ironworking industry.

    Impact

    This information is meant to be a general summary of Iron Workers' Local Union No 25 Training Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Iron Workers' Local Union No 25 Training Fund's impact is significant in providing apprenticeship training to eligible employees in the ironworking industry. This training fund was established as a result of a collective bargaining agreement to ensure that employees have access to the necessary skills and knowledge required for their profession. With approximately 300 employees enrolled in the program as of April 30, 2022, the fund plays a crucial role in defraying training costs and supporting the professional development of workers in Troy, MI. The training provided by this fund helps individuals enhance their expertise and advance their careers in the ironworking field.





    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: $4,209
  • Program Service Revenue: $4,113,226
  • Gross Receipts: $4,335,147

    • Assets and Liabilities:
  • Total Assets: $7,992,517
  • Total Liabilities: $234,752
  • Net Assets: $7,757,765
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $3,931,532

    TUITION & BOOK REVENUE

    Revenue

    $107,395

    FEES & MISC INCOME

    Revenue

    $74,299

    Organization Details

    Founding Year

    1967

    Principal Officer

    Michael Randick

    Main Address

    700 TOWER DRIVE STE 300, TROY, MI, 48098

    NTEE Category

    Code: B30 - Education

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