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Sheet Metal Workers Local 40 Labor Management Cooperation Fund

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

EIN: 066468874 ✦ Dorchester, MA ✦ Designated as a 501(c)(5)

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Overview

What is Sheet Metal Workers Local 40 Labor Management Cooperation Fund?

The Sheet Metal Workers Local 40 Labor Management Cooperation Fund is a nonprofit organization situated in Rocky Hill, Connecticut. Its primary objective is to facilitate joint labor management activities, aiming to secure work opportunities for contractors and union members who are signatories to the fund. The organization's mission revolves around promoting collaboration between labor and management, thereby boosting employment prospects in the sheet metal industry.

Is Sheet Metal Workers Local 40 Labor Management Cooperation Fund legitimate?

Sheet Metal Workers Local 40 Labor Management Cooperation Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheet Metal Workers Local 40 Labor Management Cooperation 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 Sheet Metal Workers Local 40 Labor Management Cooperation Fund?

The Sheet Metal Workers Local 40 Labor Management Cooperation Fund's mission involves promoting joint labor management activities. This is aimed at securing work opportunities for signatory contractors and union members. The organization's activities are geared towards fostering collaboration between labor and management, ultimately benefiting both parties in terms of employment. The fund does not specify any particular area of focus or end goal, but its primary objective is to facilitate work acquisition through joint labor management activities.

What is the revenue of Sheet Metal Workers Local 40 Labor Management Cooperation Fund?

Sheet Metal Workers Local 40 Labor Management Cooperation Fund's revenue in 2023 was $538,403.

Who are the executives of Sheet Metal Workers Local 40 Labor Management Cooperation Fund and what are their salaries?

Here are 2 key members and their salaries:


Michael Thompson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Butler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sheet Metal Workers Local 40 Labor Management Cooperation Fund?

Sheet Metal Workers Local 40 Labor Management Cooperation Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sheet Metal Workers Local 40 Labor Management Cooperation Fund

Sheet Metal Workers Local 40 Labor Management Cooperation Fund is an organization dedicated to promoting joint labor management activities. Their primary goal is to support signatory contractors and union members in securing work opportunities. By engaging in joint labor management activities, this organization aims to foster a collaborative environment that benefits both contractors and union members alike. This collaboration can lead to increased work opportunities for union members, ultimately benefiting the entire industry.

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Impact




October, 2024

The Sheet Metal Workers Local 40 Labor Management Cooperation Fund significantly impacts the community by fostering collaboration between labor and management to secure employment opportunities for both union members and signatory contractors. By promoting joint labor-management initiatives, the organization enhances workforce stability and supports the growth of businesses in the region. This cooperative approach helps to create a more efficient labor market, ensuring that skilled workers are matched with quality job opportunities, ultimately benefiting the local economy and strengthening the trade's presence in the industry. Through these efforts, the Fund plays a crucial role in sustaining good jobs and advancing the interests of its members.




This information is meant to be a general summary of Sheet Metal Workers Local 40 Labor Management Cooperation 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.

Revenue
$538,403 (2023)
Expenses
$1,328,586 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $106,872
  • Program Service Revenue: $431,531
  • Gross Receipts: $538,403

Assets and Liabilities:

  • Total Assets: $2,928,190
  • Total Liabilities: $0
  • Net Assets: $2,928,190

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$431,531

Organization Details

Founding Year

1998

Principal Officer

John Nimmons

NTEE Category

Code: J40 - Employment

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