The Massachusetts Laborers Highway Unified Trust

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

EIN: 043408561 ✦ Hopkinton, MA ✦ Designated as a 501(c)(5)

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Overview

What is The Massachusetts Laborers Highway Unified Trust?

The Massachusetts Laborers Highway Unified Trust is a nonprofit organization situated in Hopkinton, Massachusetts, with a small workforce of three individuals. Its primary mission is to offer support and benefit payments to its member employers, thereby ensuring their competitiveness in the industry. To further this goal, the trust focuses on identifying and expanding work opportunities, thereby promoting the economic growth of both the union and its associated employers. The trust's activities center around providing necessary assistance to its member employers, thereby enhancing their overall performance in the industry.

Is The Massachusetts Laborers Highway Unified Trust legitimate?

The Massachusetts Laborers Highway Unified Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. The Massachusetts Laborers Highway Unified Trust 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $346,229

For more financial information, click here

What is the mission statement of The Massachusetts Laborers Highway Unified Trust?

The Massachusetts Laborers Highway Unified Trust's mission is centered around identifying and expanding work opportunities. This is done with the aim of enhancing the economic competitiveness of both the union and the employers associated with it. The trust also provides support and makes benefit payments on behalf of its member employers, ensuring they remain competitive in their respective industries. This approach ultimately benefits the union as a whole, providing its members with ample opportunities and a strong, competitive workforce.

Who is the CEO of The Massachusetts Laborers Highway Unified Trust?

Thomas Andrews is the Trustee of The Massachusetts Laborers Highway Unified Trust.

What is the revenue of The Massachusetts Laborers Highway Unified Trust?

The Massachusetts Laborers Highway Unified Trust's revenue in 2022 was $3,354,313.

Who are the executives of The Massachusetts Laborers Highway Unified Trust and what are their salaries?

The average compensation at The Massachusetts Laborers Highway Unified Trust during 2022 was $115,410. There are 3 employees at The Massachusetts Laborers Highway Unified Trust.


Here are 6 key members and their salaries:


Joseph Bonfiglio (Chairman)
  • Compensation: $0
  • Related: $317,935
  • Other: $0
John Tranghese (Director)
  • Compensation: $162,073
  • Related: $0
  • Other: $96,524
Thomas Andrews (Trustee)
  • Compensation: $0
  • Related: $254,586
  • Other: $0
Gary Krieger (Field Auditor)
  • Compensation: $104,317
  • Related: $0
  • Other: $81,926
Robert Toomey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Straney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Massachusetts Laborers Highway Unified Trust?

The Massachusetts Laborers Highway Unified Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Massachusetts Laborers Highway Unified Trust

The Massachusetts Laborers Highway Unified Trust is dedicated to a mission that involves identifying and expanding work opportunities, with the aim of enhancing the economic competitiveness of the union and its associated employers. This mission is carried out through proactive efforts to support and provide benefit payments on behalf of the member employers. By doing so, the Trust ensures that the union employers remain competitive within their respective industry, ultimately contributing to the overall strength and stability of the labor force.

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Impact




October, 2024

The Massachusetts Laborers Highway Unified Trust significantly enhances work opportunities and boosts the economic competitiveness of union members and their employers. By providing vital support and benefit payments, it ensures that union employers are equipped to compete effectively in the industry. This approach not only strengthens the labor force but also contributes to the overall economic health of the region. Through its efforts, the Trust plays a crucial role in sustaining employment levels and promoting a robust workforce in Massachusetts.




This information is meant to be a general summary of The Massachusetts Laborers Highway Unified Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,354,313 (2022)
Expenses
$1,968,625 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $68,745
  • Gross Receipts: $3,354,313

Assets and Liabilities:

  • Total Assets: $9,117,215
  • Total Liabilities: $4,229,217
  • Net Assets: $4,887,998

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Organization Details

Founding Year

1997

Principal Officer

Thomas Andrews

Main Address

7 Laborers Way, Hopkinton, MA, 01748

NTEE Category

Code: J40 - Employment

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