Overview
What is International Union Of Operating Eng Local 98 Employers Cooperative Trust?
The International Union of Operating Engineers Local 98 Employers Cooperative Trust is a nonprofit organization, situated in Southwick, Massachusetts. Its primary objective is to foster positive labor-management relationships, safeguard employment security, stimulate economic growth within the community, and enhance communication regarding individual advancement. To accomplish these goals, the trust primarily awards grants to employers who have collectively negotiated agreements with the union, aiming to boost the economic competitiveness of operating engineers and their respective employers within the industry.
Official website here: www.iuoelocal98.org
Is International Union Of Operating Eng Local 98 Employers Cooperative Trust legitimate?
International Union Of Operating Eng Local 98 Employers Cooperative Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Union Of Operating Eng Local 98 Employers Cooperative 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:
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Official website here: www.iuoelocal98.org
What is the mission statement of International Union Of Operating Eng Local 98 Employers Cooperative Trust?
The International Union of Operating Engineers Local 98 Employers Cooperative Trust aims to enhance labor-management relations, safeguard employment security, foster economic development within the community, and improve communication regarding individual advancements. Their primary strategy to achieve these goals is by providing grants to eligible employers who have collectively bargained with the union, with the intent of promoting the economic competitiveness of operating engineers and employers in the industry. This cooperative trust seeks to strengthen the industry as a whole.
Official website here: www.iuoelocal98.org
Who is the CEO of International Union Of Operating Eng Local 98 Employers Cooperative Trust?
Kara Richotte is the Union Trustee/Chairman of International Union Of Operating Eng Local 98 Employers Cooperative Trust.
Official website here: www.iuoelocal98.org
What is the revenue of International Union Of Operating Eng Local 98 Employers Cooperative Trust?
International Union Of Operating Eng Local 98 Employers Cooperative Trust's revenue in 2022 was $395,323.
Official website here: www.iuoelocal98.org
Who are the executives of International Union Of Operating Eng Local 98 Employers Cooperative Trust and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $108,282
- Other: $77,163
Official website here: www.iuoelocal98.org
Where can I find the form 990 for International Union Of Operating Eng Local 98 Employers Cooperative Trust?
International Union Of Operating Eng Local 98 Employers Cooperative Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iuoelocal98.org
Learn more at the official website: www.iuoelocal98.org
Mission Statement of International Union Of Operating Eng Local 98 Employers Cooperative Trust
The International Union of Operating Engineers Local 98 Employers Cooperative Trust is dedicated to enhancing labor management relationships, preserving employment security, and fostering economic development within the community. Their primary objective is to promote the economic competitiveness of operating engineers and employers in the industry. They achieve this by awarding grants to eligible employers who have collectively bargained with the union. This approach aims to improve communication regarding individual advancements and strengthen the overall competitiveness of the industry.
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Impact
October, 2024
The International Union Of Operating Engineers Local 98 Employers Cooperative Trust plays a significant role in enhancing labor management relationships and promoting economic development within the community. By focusing on preserving employment security, the Trust fosters a stable workforce, which is crucial for both employees and employers in the operating engineering industry.
Through grants awarded to eligible employers who are part of collective bargaining agreements with the union, the Trust not only supports individual advancement but also encourages businesses to invest in their workforce. This investment helps to cultivate a more skilled and competitive labor pool, ultimately boosting the industry's economic competitiveness.
Furthermore, the Trust enhances communication between workers and employers, facilitating a collaborative environment that addresses challenges and opportunities in the workplace. Overall, the Trust's initiatives contribute to a healthier labor market, support economic growth, and strengthen the community at large.
This information is meant to be a general summary of International Union Of Operating Eng Local 98 Employers Cooperative 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,243
- Program Service Revenue: $393,080
- Gross Receipts: $395,323
Assets and Liabilities:
- Total Assets: $710,837
- Total Liabilities: $22,559
- Net Assets: $688,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS' CONTRIB
Revenue
$393,080
Organization Details
Founding Year
1998
Phone
(413) 998-3230Principal Officer
Kara Richotte
Main Address
PO BOX 1290, SOUTHWICK, MA, 010771290
Website
www.iuoelocal98.orgNTEE Category
Code: J40 - Employment
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