Marble Industry Trust Fund

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

EIN: 136118206 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is Marble Industry Trust Fund?

The Marble Industry Trust Fund is a nonprofit organization situated in New York City, specifically at 253 West 35th Street, 12th Floor. Its primary mission is to offer health care and various other benefits to its participating employees and retirees, who are often covered under collective bargaining agreements. The fund aims to ensure the welfare of its members, providing them with essential benefits and support. The organization, with a total workforce of 110 individuals, serves as a crucial resource for its members in the marble industry.

Is Marble Industry Trust Fund legitimate?

Marble Industry Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Marble Industry 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: $1,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,795

For more financial information, click here

What is the mission statement of Marble Industry Trust Fund?

The Marble Industry Trust Fund was established with the primary objective of offering health care and additional benefits to eligible employees and retirees who are under collective bargaining agreements. The fund's mission is centered around providing comprehensive welfare and benefits to the participants covered under the plan. This includes, but is not limited to, health care provisions. The purpose of the Marble Industry Trust Fund is to ensure the well-being of its beneficiaries, primarily through the provision of these essential services. The fund plays a crucial role in maintaining the health and overall welfare of its members, thus improving their quality of life.

Who is the CEO of Marble Industry Trust Fund?

Matthew Guy is the Payroll Auditor of Marble Industry Trust Fund.

What is the revenue of Marble Industry Trust Fund?

Marble Industry Trust Fund's revenue in 2022 was $11,598,678.

Who are the executives of Marble Industry Trust Fund and what are their salaries?

The average compensation at Marble Industry Trust Fund during 2022 was $3,056. There are 110 employees at Marble Industry Trust Fund.


Here are 12 key members and their salaries:


Eleftherios Vouvoudakis (Payroll Auditor)
  • Compensation: $118,024
  • Related: $0
  • Other: $14,770
Robin Young Tyrrell (Attorney)
  • Compensation: $109,987
  • Related: $0
  • Other: $22,647
Michael Sarosy (Payroll Auditor)
  • Compensation: $106,784
  • Related: $0
  • Other: $22,391
Michael Goedtel (Trustee)
  • Compensation: $1,310
  • Related: $0
  • Other: $0
Christopher Guy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Cusumano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Guy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pena (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marco Berardi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sebastian Virga (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Mizerik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohamed Elkordy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marble Industry Trust Fund?

Marble Industry Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Marble Industry Trust Fund

The Marble Industry Trust Fund, as established, is dedicated to providing health care and various other benefits to eligible employees and retirees who are covered under collective bargaining agreements. This nonprofit organization's primary objective is to ensure the well-being of its participants by offering a comprehensive range of benefits, including healthcare services. In essence, the Marble Industry Trust Fund serves to enhance the lives of its covered participants by offering them essential health, welfare, and other beneficial resources.

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Impact




October, 2024

The Marble Industry Trust Fund has a significant impact on the lives of eligible employees and retirees in the marble industry. By providing essential health care and welfare benefits, it supports individuals and their families who rely on these benefits due to their work in the sector. The trust fund ensures that those covered by collective bargaining agreements have access to necessary resources, which contributes to their overall well-being and security.

Through its targeted initiatives, the fund addresses critical needs in health care, enhancing the quality of life for participants. It fosters a sense of community and mutual support among workers and retirees, emphasizing the importance of safeguarding their health and welfare. In a rapidly changing industry, the Marble Industry Trust Fund plays a vital role in reinforcing the stability and resilience of its workforce, ultimately driving better outcomes for participants in New York and beyond.




This information is meant to be a general summary of Marble Industry 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
$11,598,678 (2022)
Expenses
$11,911,798 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $104,280
  • Program Service Revenue: $11,065,766
  • Gross Receipts: $13,149,018

Assets and Liabilities:

  • Total Assets: $11,911,080
  • Total Liabilities: $3,377,036
  • Net Assets: $8,534,044

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Programs

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

cobra contributions

Revenue

$145,564

Employer contributions

Revenue

$10,920,202

Organization Details

Founding Year

1946

Principal Officer

Matthew Guy

Main Address

253 WEST 35TH STREET 12TH FLOOR, NEW YORK, NY, 10001

NTEE Category

Code: Y43 - Mutual benefit

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