Overview
What is Roofers Union Local No 33 Thrift Fund?
Roofers Union Local No 33 Thrift Fund is a nonprofit organization that provides annuity and vacation benefits for approximately 1,120 members of the union, located in Stoughton, Massachusetts (02072). The organization collects vacation benefits from members' payroll deductions, and the annuity benefits are funded through employer contributions. The fund administers these benefits on behalf of the members, ensuring they can access their hard-earned benefits when requested.
What are the reviews and ratings of this charity?
The Roofers Union Local No 33 Thrift Fund is not currently rated by Charity Navigator. This nonprofit cannot be evaluated by their standard methodologies because it is not registered as a 501(c)(3) organization, which typically makes entities eligible for tax-exempt status and deductible contributions. The absence of a rating from Charity Navigator does not imply any specific positive or negative connotation.
Charity Navigator requires either an Accountability & Finance beacon or an Impact & Measurement beacon for rating, among others. However, Roofers Union Local No 33 Thrift Fund cannot be assessed under these criteria due to its non-501(c)(3) status. This highlights a limitation in evaluating the organization, as data such as total revenue, expenses, and salary of key persons are not available.
There are no user reviews available on GreatNonprofits for Roofers Union Local No 33 Thrift Fund. Consequently, there is no additional feedback on the organization from individuals familiar with its operations or impact.
This AI summary has been generated from information found on Charity Navigator.
Is Roofers Union Local No 33 Thrift Fund legitimate?
Roofers Union Local No 33 Thrift Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Roofers Union Local No 33 Thrift Fund 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: $0
For more financial information, click here
What is the mission statement of Roofers Union Local No 33 Thrift Fund?
The Roofers Union Local No 33 Thrift Fund offers annuity and vacation benefits to approximately 1,120 union members. These perks are sourced from employer contributions for annuity benefits and payroll deductions for vacation benefits, which are managed and administered by the fund for the members' convenience. The fund ensures that members can enjoy the fruits of their labor through these benefits, providing them with financial security and relaxation during vacation periods.
Who is the CEO of Roofers Union Local No 33 Thrift Fund?
Paul Bickford is the Trustee of Roofers Union Local No 33 Thrift Fund.
What is the revenue of Roofers Union Local No 33 Thrift Fund?
Roofers Union Local No 33 Thrift Fund's revenue in 2022 was $23,819,216.
Who are the executives of Roofers Union Local No 33 Thrift Fund and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,498
- Other: $1,196
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Roofers Union Local No 33 Thrift Fund?
Roofers Union Local No 33 Thrift Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Roofers Union Local No 33 Thrift Fund
The Roofers Union Local No 33 Thrift Fund is a nonprofit organization that offers annuity and vacation benefits to approximately 1,120 members of the roofing union. The fund derives its annuity benefits primarily from employer contributions, while vacation benefits are collected from members' payroll deductions and held by the fund on their behalf.
In essence, the Roofers Union Local No 33 Thrift Fund functions as a safety net for its union members, providing them with financial security and well-deserved breaks. The annuity benefits serve as a retirement fund, ensuring that members have a steady source of income after their working years. On the other hand, the vacation benefits enable members to take a break from work and recharge, enabling them to return to their jobs with renewed energy and focus.
The fund plays a crucial role in enhancing the quality of life for its members, offering them peace of mind and a sense of security. By pooling resources together, the union members are collectively able to secure better benefits than they might have been able to achieve individually. The Roofers Union Local No 33 Thrift Fund's mission is to empower its members by providing them with essential benefits that contribute to their overall well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Roofers Union Local No 33 Thrift Fund plays a crucial role in enhancing the financial security and well-being of its approximately 1,120 members. By providing annuity and vacation benefits, the Fund ensures that members have access to resources that support their long-term financial planning and allow them to take necessary breaks for their health and well-being.
Annuity benefits are generated through employer contributions, directly impacting members' retirement readiness. This financial support helps create a safety net for members as they transition into retirement, ensuring they have funds available to maintain their standard of living.
In addition, the vacation benefits, which are collected through payroll deductions, offer members the opportunity to recuperate and manage work-life balance, essential for maintaining productivity and overall job satisfaction. By administering these benefits effectively, the Fund supports its members in achieving both financial stability and personal well-being, fostering a stronger community within the roofing industry in Stoughton, MA.
This information is meant to be a general summary of Roofers Union Local No 33 Thrift Fund. 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: $12,165,938
- Program Service Revenue: $11,642,212
- Gross Receipts: $23,819,216
Assets and Liabilities:
- Total Assets: $84,710,598
- Total Liabilities: $2,739
- Net Assets: $84,707,859
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,246,918
MEMBER CONTRIBUTIONS
Revenue
$3,395,294
Organization Details
Founding Year
1976
Phone
(781) 341-1657Principal Officer
Paul Bickford
Main Address
53 EVANS DRIVE, STOUGHTON, MA, 020724416
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Roofers Union Local No 33 Thrift Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.