Textile Converters Liquidation Benefits Fund

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

EIN: 136092225 ✦ Pelham, NY ✦ Designated as a 501(c)(17)

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Overview

What is Textile Converters Liquidation Benefits Fund?

Textile Converters Liquidation Benefits Fund is a pension or retirement fund situated in Pelham, New York. Its primary function is to provide financial assistance to eligible workers who have been part of collective bargaining agreements. This fund is dedicated to fulfilling its mission of making payments to these qualified individuals.

Is Textile Converters Liquidation Benefits Fund legitimate?

Textile Converters Liquidation Benefits Fund is a legitimate nonprofit organization registered as a 501(c)(17) entity. Textile Converters Liquidation Benefits Fund submitted a form 990EZ, 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.

What is the mission statement of Textile Converters Liquidation Benefits Fund?

The Textile Converters Liquidation Benefits Fund, serving as a pension or retirement fund, is committed to making payments to qualified workers who are covered under collective bargaining agreements. Its primary objective is to provide financial support to these workers, ensuring their financial security during their retirement years. The fund is dedicated to fulfilling its mission, offering financial assistance to the eligible workforce.

Who is the CEO of Textile Converters Liquidation Benefits Fund?

Vilma Torres-Mulholland is the Trustee of Textile Converters Liquidation Benefits Fund.

What is the revenue of Textile Converters Liquidation Benefits Fund?

Textile Converters Liquidation Benefits Fund's revenue in 2022 was $1,445.

Who are the executives of Textile Converters Liquidation Benefits Fund and what are their salaries?


Here are 2 key members and their salaries:


Vilma Torres-Mulholland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Siegel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Textile Converters Liquidation Benefits Fund?

Textile Converters Liquidation Benefits Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Textile Converters Liquidation Benefits Fund

The Textile Converters Liquidation Benefits Fund is a dedicated pension or retirement fund with a clear-cut mission. Situated in its operations, this organization's primary goal is to make payments to qualified workers who are covered under collective bargaining agreements. This mission ensures financial security for these individuals in their post-employment years, providing them with a sense of stability and peace of mind. The Textile Converters Liquidation Benefits Fund plays a crucial role in supporting the retirement needs of its beneficiaries, thereby contributing to their overall well-being and quality of life.

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Impact




October, 2024

The Textile Converters Liquidation Benefits Fund plays a crucial role in providing financial security to qualified workers covered by collective bargaining agreements. By facilitating payments to these workers, the fund ensures that they receive the retirement benefits owed to them, contributing to their overall financial stability in their later years. This support is particularly important for those whose livelihoods have been affected by industry changes, enabling them to maintain a decent standard of living post-employment. The fund’s mission directly impacts the well-being of its beneficiaries, fostering a sense of security and enabling a smooth transition into retirement.




This information is meant to be a general summary of Textile Converters Liquidation Benefits 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
$1,445 (2022)
Expenses
$15,810 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,445
  • Gross Receipts: $1,445

Assets and Liabilities:

  • Total Assets: $187,221
  • Total Liabilities: $1,160
  • Net Assets: $186,061

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Organization Details

Principal Officer

Vilma Torres-Mulholland

Main Address

c/o LOCAL 2179 629 FIFTH AVE 228, PELHAM, NY, 10803

NTEE Category

Code: Y30 - Mutual benefit

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