AI Summary
The LOCAL 624 TRAINING FUND is a nonprofit organization dedicated to job training, specifically in heavy equipment operation and maintenance for apprentices. Established as a trust between the International Union of Operating Engineers Local 624 and participating employers, the organization operates with an annual budget of $302.6K and total revenue of $467.6K. The funding is primarily sourced from employer contributions, ensuring that no single funder provides 50% or more of its revenue.
Mission Statement
LOCAL 624 TRAINING PROGRAM IS A TRUST BETWEEN THE INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 624 AND ANY EMPLOYER WHO CONTRIBUTES TO THE TRUST FUND PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS. THE PURPOSE OF THE TRAINING PROGRAM IS TO PROVIDE EDUCATION, TRAINING AND INSTRUCTION FOR HEAVY EQUIPMENT OPERATION AND MAINTENANCE TO APPRENTICES. THE FUNDING IS PROVIDED BY THE EMPLOYERS WHO MAKE PAYMENTS TO THE TRAINING PROGRAM TO PROVIDE BENEFITS TO COVERED EMPLOYEES.
Cause Areas
1
Job training
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Frequently Asked Questions
What is LOCAL 624 TRAINING FUND’s budget?
In 2024, LOCAL 624 TRAINING FUND reported an annual operating budget of around $303 thousand. More detailed financial information is available to registered users.
What causes does LOCAL 624 TRAINING FUND support?
LOCAL 624 TRAINING FUND supports work in Job training.
Where does LOCAL 624 TRAINING FUND operate?
LOCAL 624 TRAINING FUND is headquartered in Richland, MS.