Overview
What is International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust?
The International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust is a nonprofit organization situated in Medway, Massachusetts. Its primary mission is to foster harmonious labor management relationships, safeguard employment opportunities, stimulate community economic development, and enhance communication regarding industry advancements. To achieve these goals, the trust primarily awards grants to employers who have collectively negotiated agreements with the union, thereby promoting the economic competitiveness of both operating engineers and employers in the industry.
Is International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust legitimate?
International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Union Of Operating Engineers Local 4 Labor Mgt Coop 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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What is the mission statement of International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust?
The International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust is committed to enhancing labor management relationships, preserving employment security, and promoting economic development within the community. They aim to improve communication regarding industry advancements and foster economic competitiveness for operating engineers and employers within the industry. This is primarily achieved through the granting of funds to collectively bargained employers who meet the eligibility criteria.
Who is the CEO of International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust?
Gregory A Geiman is the Administrator of International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust.
What is the revenue of International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust?
International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust's revenue in 2022 was $3,083,919.
Who are the executives of International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $240,062
- Other: $60,756
Where can I find the form 990 for International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust?
International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Union Of Operating Engineers Local 4 Labor Mgt Coop Trust
The International Union of Operating Engineers Local 4 Labor Mgt Coop Trust is committed to enhancing labor management relationships, safeguarding employment security, fostering economic development within the community, and improving communication regarding industry advancements. This is primarily achieved by granting funds to employers who have collectively negotiated agreements with the union. The objective is to promote the economic competitiveness of both operating engineers and employers in the industry. By doing so, the trust aims to contribute positively to the overall well-being and growth of the industry.
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Impact
October, 2024
The International Union of Operating Engineers Local 4 Labor Management Cooperative Trust plays a crucial role in shaping labor and economic dynamics within the industry. It focuses on improving labor management relationships, which fosters a cooperative environment that benefits both workers and employers. By prioritizing the preservation of employment security, the trust helps to ensure stable job opportunities for operating engineers, contributing to workforce resilience.
Moreover, the trust actively enhances economic development within the community, promoting a healthier economic ecosystem. This is achieved through strategic initiatives, including grant awards to eligible employers who engage in collective bargaining with the union. Such financial support not only incentivizes fair labor practices but also strengthens the competitiveness of both operating engineers and their employers.
In addition to these initiatives, the trust emphasizes improved communication regarding industry advancements. This commitment helps the workforce stay updated on new technologies and practices, making them more effective and adaptable in their roles. Overall, the International Union of Operating Engineers Local 4 Labor Management Cooperative Trust significantly contributes to the economic viability and competitive edge of the operating engineering sector while advancing community interests.
This information is meant to be a general summary of International Union Of Operating Engineers Local 4 Labor Mgt Coop 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: $235,143
- Program Service Revenue: $2,848,067
- Gross Receipts: $3,097,769
Assets and Liabilities:
- Total Assets: $11,812,219
- Total Liabilities: $4,423,137
- Net Assets: $7,389,082
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,848,067
Organization Details
Founding Year
1993
Phone
(508) 533-9181Principal Officer
Gregory A Geiman
Main Address
16 TROTTER DRIVE, MEDWAY, MA, 02053
NTEE Category
Code: J40 - Employment
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