Local 282 Building Trust Fund

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

EIN: 112735144 ✦ Lake success, NY ✦ Designated as a 501(c)(5)

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Overview

What is Local 282 Building Trust Fund?

The Local 282 Building Trust Fund is a nonprofit organization situated in Lake Success, New York. Its primary objective is to maintain ownership of the property that serves as a permanent residence for the International Brotherhood of Teamsters Local Union 282 TCHW. Beyond this, the organization also operates educational and training programs aimed at fulfilling the needs of the local's membership and providing opportunities for capable individuals looking to enter the construction and related industries.


Official website here: www.teamsterslocal282.com

Is Local 282 Building Trust Fund legitimate?

Local 282 Building Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local 282 Building Trust 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


Official website here: www.teamsterslocal282.com

What is the mission statement of Local 282 Building Trust Fund?

The Local 282 Building Trust Fund's mission is centered around holding the property that serves as a permanent home for the International Brotherhood of Teamsters Local Union 282 TCHW. Beyond this, the organization operates educational and training programs aimed at catering to the needs of the local union's membership and individuals with potential in the construction and related industries, seeking to enter these fields.


Official website here: www.teamsterslocal282.com

Who is the CEO of Local 282 Building Trust Fund?

Thomas Gesualdi is the Trustee of Local 282 Building Trust Fund.


Official website here: www.teamsterslocal282.com

What is the revenue of Local 282 Building Trust Fund?

Local 282 Building Trust Fund's revenue in 2022 was $731,502.


Official website here: www.teamsterslocal282.com

Who are the executives of Local 282 Building Trust Fund and what are their salaries?


Here are 3 key members and their salaries:


Louis Bisignano (Trustee)
  • Compensation: $0
  • Related: $261,816
  • Other: $122,016
Michael O'Toole (Trustee)
  • Compensation: $0
  • Related: $251,441
  • Other: $122,016
Thomas Gesualdi (Trustee)
  • Compensation: $0
  • Related: $278,536
  • Other: $122,016


Official website here: www.teamsterslocal282.com

Where can I find the form 990 for Local 282 Building Trust Fund?

Local 282 Building Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamsterslocal282.com

Learn more at the official website: www.teamsterslocal282.com

Mission Statement of Local 282 Building Trust Fund

The Local 282 Building Trust Fund is established with a mission to serve the needs of the International Brotherhood of Teamsters Local Union 282 TCHW and individuals seeking to enter the construction and related industries. This nonprofit organization holds the title to a property that provides a permanent home for the local union, while also operating educational and training programs. These programs are designed to cater to the needs of the local union's membership and capable individuals looking to join the construction industry. The purpose of these programs is to provide a platform for skill development and career advancement, thereby contributing to the overall growth and success of the construction sector.

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Impact




October, 2024

Local 282 Building Trust Fund plays a crucial role in supporting the members of the International Brotherhood of Teamsters Local Union 282 TCHW by providing both a physical space and essential educational resources. By holding title to properties that serve as a permanent home for the union, it ensures stability and a central hub for member activities.

Additionally, the Trust Fund operates various educational and training programs tailored to meet the needs of current members and individuals seeking to enter construction and related industries. This focus on training enhances job readiness, equips individuals with essential skills, and ultimately contributes to a stronger, more skilled workforce in the construction sector. The impact of Local 282 Building Trust Fund is thus seen in the empowerment of workers, improved job opportunities, and the fostering of a well-prepared community ready to thrive in the construction industry.




This information is meant to be a general summary of Local 282 Building Trust 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
$731,502 (2022)
Expenses
$702,665 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,493
  • Program Service Revenue: $729,009
  • Gross Receipts: $731,502

Assets and Liabilities:

  • Total Assets: $3,665,074
  • Total Liabilities: $891,073
  • Net Assets: $2,774,001

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Programs

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

ASSESSMENTS

Revenue

$697,269

RENTAL REVENUE

Revenue

$31,740

Organization Details

Founding Year

1988

Principal Officer

Thomas Gesualdi

Main Address

2500 MARCUS AVENUE, LAKE SUCCESS, NY, 11042

NTEE Category

Code: J40 - Employment

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