Boilermakers Local Lodge No 5 Vacation F

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

EIN: 131951757 ✦ Floral park, NY ✦ Designated as a 501(c)(9)

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Overview

What is Boilermakers Local Lodge No 5 Vacation F?

Boilermakers Local Lodge No 5 Vacation F is a multi-employer nonprofit organization that provides vacation benefits to its members in accordance with the collective bargaining agreement it has established with several employers. This fund serves as a platform for collecting and distributing vacation benefits, ensuring that participating members receive their due entitlements. The organization's activities primarily consist of making vacation payments to its members and managing administrative expenses.

Is Boilermakers Local Lodge No 5 Vacation F legitimate?

Boilermakers Local Lodge No 5 Vacation F is a legitimate nonprofit organization registered as a 501(c)(9) entity. Boilermakers Local Lodge No 5 Vacation F 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 Boilermakers Local Lodge No 5 Vacation F?

Boilermakers Local Lodge No 5 Vacation F serves as a multi-employer plan, its primary mission being to collect and dispense vacation benefits to its participating members, as stipulated in the collective bargaining agreement. This organization operates under a multi-employer structure, ensuring vacation payments to its members while also managing administrative expenses. It serves as a vital resource for workers, providing them with the financial support they need during their time off.

Who is the CEO of Boilermakers Local Lodge No 5 Vacation F?

Steven Ludwigson is the Trustee of Boilermakers Local Lodge No 5 Vacation F.

What is the revenue of Boilermakers Local Lodge No 5 Vacation F?

Boilermakers Local Lodge No 5 Vacation F's revenue in 2022 was $2,123,671.

Who are the executives of Boilermakers Local Lodge No 5 Vacation F and what are their salaries?


Here are 4 key members and their salaries:


Steven Ludwigson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Miriam (Employer Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Valvo (Employer Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Ryan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Boilermakers Local Lodge No 5 Vacation F?

Boilermakers Local Lodge No 5 Vacation F's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Boilermakers Local Lodge No 5 Vacation F

Boilermakers Local Lodge No 5 Vacation F is a mission-driven organization that focuses on providing vacation benefits to its members, as outlined in the collective bargaining agreement it has with multiple employers. This entity operates as a multi-employer plan, with the primary objective of collecting and distributing vacation benefits to its participants. In essence, Boilermakers Local Lodge No 5 Vacation F serves as a platform that ensures workers in the specified industry can enjoy their well-deserved vacations, backed by the collective agreement between their employers. Beyond simply paying vacation benefits, this organization also manages associated administrative expenses, ensuring the smooth operation of its vacation payment programs.

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Impact




October, 2024

Boilermakers Local Lodge No 5 Vacation Fund significantly impacts its members by providing essential vacation benefits, ensuring that workers receive pay during their time off. This support is crucial for members who rely on these benefits for financial stability during vacations, allowing them to recharge without the stress of lost income. The fund operates under a collective bargaining agreement with multiple employers, which facilitates the collection and distribution of funds efficiently. By prioritizing the well-being of its participants, the Vacation Fund fosters a sense of security and mutual benefit within the community, contributing to a healthier work-life balance for its members in Floral Park, NY.




This information is meant to be a general summary of Boilermakers Local Lodge No 5 Vacation F. 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
$2,123,671 (2022)
Expenses
$1,398,655 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,140
  • Program Service Revenue: $2,096,895
  • Gross Receipts: $2,123,671

Assets and Liabilities:

  • Total Assets: $2,400,489
  • Total Liabilities: $11,423
  • Net Assets: $2,389,066

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,096,895

Organization Details

Founding Year

1969

Principal Officer

Steven Ludwigson

Main Address

24 VAN SICLEN AVENUE, FLORAL PARK, NY, 11001

NTEE Category

Code: Y40 - Mutual benefit

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