Smart Local Union No 40

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

EIN: 060532495 ✦ Rocky hill, CT ✦ Designated as a 501(c)(5)

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Overview

What is Smart Local Union No 40?

Smart Local Union No 40 is a nonprofit organization situated in Rocky Hill, Connecticut. With a small team of five employees, their primary mission is to safeguard and uphold the interests of their members, simultaneously aiming to improve moral, intellectual, and social conditions. This is achieved through various means, although the specifics are not provided in the information. The organization's headquarters can be found at 110-114 Old Forge Road.


Official website here: www.smwlocal40.org

Is Smart Local Union No 40 legitimate?

Smart Local Union No 40 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Smart Local Union No 40 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: $535,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,103

For more financial information, click here


Official website here: www.smwlocal40.org

What is the mission statement of Smart Local Union No 40?

Smart Local Union No 40's mission is centered around promoting and safeguarding the interests of its members. The organization also strives to enhance moral, intellectual, and social conditions. In essence, its primary goal is to serve its members and contribute positively to their overall well-being. It aims to elevate the standards in these areas, thereby fostering a better environment for its members.


Official website here: www.smwlocal40.org

Who is the CEO of Smart Local Union No 40?

John Beal is the President of Smart Local Union No 40.


Official website here: www.smwlocal40.org

What is the revenue of Smart Local Union No 40?

Smart Local Union No 40's revenue in 2020 was $1,113,608.


Official website here: www.smwlocal40.org

Who are the executives of Smart Local Union No 40 and what are their salaries?

The average compensation at Smart Local Union No 40 during 2020 was $126,603. There are 5 employees at Smart Local Union No 40.


Here are 16 key members and their salaries:


Jason Sherman (Vice President)
  • Compensation: $1,020
  • Related: $0
  • Other: $0
Mark Faticone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Guerrera (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Kirychuk (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Descy (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Steward (Conductor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Dimauro (Warden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clifford Richards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Scott (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Divito (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Nieves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Roche (Business Mgr)
  • Compensation: $106,260
  • Related: $0
  • Other: $47,163
John Nimmons (Business Agent)
  • Compensation: $105,259
  • Related: $0
  • Other: $47,163
John Beal (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Salemi (Recording Sec.)
  • Compensation: $2,450
  • Related: $0
  • Other: $0
Marek Bronhart (Business Agent)
  • Compensation: $106,371
  • Related: $0
  • Other: $47,163


Official website here: www.smwlocal40.org

Where can I find the form 990 for Smart Local Union No 40?

Smart Local Union No 40's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.smwlocal40.org

Learn more at the official website: www.smwlocal40.org

Mission Statement of Smart Local Union No 40

Smart Local Union No 40, as a nonprofit organization, is dedicated to promoting and safeguarding the interests of its members. Their primary objective is to elevate the moral, intellectual, and social conditions of their members. In essence, this union seeks to improve the quality of life for its members by advocating for their needs and fostering an environment that encourages personal growth and development. The union's mission is not just limited to its members, but also extends to helping elevate the broader community, thus contributing to societal betterment.

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Impact




October, 2024

Smart Local Union No 40 significantly impacts its members by promoting and protecting their interests while advancing their moral, intellectual, and social conditions. Based in Rocky Hill, CT, the union serves as a vital support system for its members, ensuring they have access to resources that enhance their working environments and overall quality of life. By advocating for fair labor practices and providing training and education opportunities, Smart Local Union No 40 empowers members to improve their skills and knowledge, ultimately fostering a more skilled workforce. Additionally, the union's efforts strengthen the collective voice of its members, enabling them to negotiate better employment terms and conditions. This collaborative approach enriches not only the individuals involved but also the broader community, as a more educated and equitable workforce contributes to economic stability and growth.




This information is meant to be a general summary of Smart Local Union No 40. 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
$1,113,608 (2020)
Expenses
$1,158,632 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $85,276
  • Program Service Revenue: $992,230
  • Gross Receipts: $4,526,369

Assets and Liabilities:

  • Total Assets: $3,547,438
  • Total Liabilities: $1,159,978
  • Net Assets: $2,387,460

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES AND ASSESSMENTS

Revenue

$992,230

Organization Details

Founding Year

1940

Principal Officer

John Beal

Main Address

110-114 OLD FORGE ROAD, ROCKY HILL, CT, 06067

NTEE Category

Code: J40 - Employment

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