Virginia Ship Repair Foundation

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

EIN: 541186058 ✦ Norfolk, VA ✦ Designated as a 501(c)(3)

Overview

What is Virginia Ship Repair Foundation?

Virginia Ship Repair Foundation is a nonprofit organization based in Norfolk, Virginia, with an address at 101 W Main Street Suite 5500. Its mission is to promote workforce development and enhance the viability of the ship repair industry in Virginia. In 2022, they achieved this by conducting virtual career and industry outreach to local schools, hosting a ship repair digital innovation design competition for middle school teams, offering marine trade training courses for entry-level workers in partnership with regional community colleges, organizing tours of ship repair facilities, and partnering with local school systems to provide information about available career pathways. The foundation's primary focus is on educating and developing the existing and future workforce of the ship repair industry.


Is Virginia Ship Repair Foundation legitimate?

Virginia Ship Repair Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Ship Repair Foundation 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: $0

For more financial information, click here


What is the mission statement of Virginia Ship Repair Foundation?
Who is the CEO of Virginia Ship Repair Foundation?
What is the revenue of Virginia Ship Repair Foundation?
Who are the executives of Virginia Ship Repair Foundation and what are their salaries?
Where can I find the form 990 for Virginia Ship Repair Foundation?

Mission Statement of Virginia Ship Repair Foundation

The Virginia Ship Repair Foundation is dedicated to promoting workforce development and other initiatives that enhance the viability of the ship repair industry within Virginia. Their primary objective is to recruit, nurture, and educate the existing and future workforce of the ship repair sector. In pursuit of this mission, the foundation executed various strategies in 2022.

One of the key initiatives was to reach out to local schools through virtual career and industry days. This outreach aimed to introduce students to the various opportunities available within the ship repair industry. Additionally, the foundation organized a Ship Repair Digital Innovation Design Competition, inviting nine middle school teams to participate. This event provided a unique opportunity for approximately 90 students to showcase their creative problem-solving skills in a ship repair-related context.

Furthermore, the Virginia Ship Repair Foundation continued to offer marine trade training courses in collaboration with regional community colleges. These courses covered essential skills such as coating, electrical work, outside machinist, pipefitting, sheet metal, and welding, specifically targeting entry-level workers in the ship repair industry. The foundation also facilitated tours of ship repair facilities, allowing various groups to experience the shipyard environment and engage with incumbent workers.

By partnering with regional school systems in Hampton, Norfolk, Virginia Beach, Chesapeake, and Portsmouth, the Virginia Ship Repair Foundation provided valuable career pathway information to interested students. This proactive approach to workforce development and education is instrumental in ensuring the long-term viability of the ship repair industry in Virginia.

Impact

This information is meant to be a general summary of Virginia Ship Repair Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Virginia Ship Repair Foundation's impact can be seen in the significant strides made in training and developing the workforce for the ship repair industry. Through initiatives like virtual career and industry day outreach to schools, hosting innovative competitions for students, offering training courses in marine trades, facilitating tours of ship repair facilities, and partnering with regional school systems to inform students about career opportunities, the foundation has played a vital role in promoting workforce development in Virginia. By recruiting, developing, and educating individuals for careers in ship repair, the foundation contributes to the viability and growth of the ship repair industry in the region.





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: $7,716
  • Program Service Revenue: $295,935
  • Gross Receipts: $668,631

    • Assets and Liabilities:
  • Total Assets: $1,371,965
  • Total Liabilities: $51,169
  • Net Assets: $1,320,796
  • Programs

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

    PRE-HIRE EDUCATION FEES

    Revenue

    $295,935

    Organization Details

    Founding Year

    2005

    Principal Officer

    William Crow

    Main Address

    101 W Main Street Suite 5500, Norfolk, VA, 23510

    NTEE Category

    Code: J22 - Employment

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