Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund

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

EIN: 136314646 ✦ Bronx, NY ✦ Designated as a 501(c)(9)

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Overview

What is Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund?

The Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund is a nonprofit organization based in the Bronx, New York. Its primary mission is to offer severance benefits to eligible terminated employees and provide holiday benefits to eligible active employees. This fund serves as a form of financial support during significant employment transitions and recognizes the importance of celebrating holidays within the workplace.

Is Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund legitimate?

Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wholesale Wine Salesmen's Union Local 18-D Severance 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: $5,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund?

The Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund is committed to providing support to eligible individuals within its union. This support comes in two forms: severance benefits for terminated employees and holiday benefits for active employees. The trust fund aims to offer financial assistance and boost morale during challenging periods for its union members.

Who is the CEO of Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund?

Thomas J Baffer is the Chairman of Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund.

What is the revenue of Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund?

Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund's revenue in 2022 was $98,156.

Who are the executives of Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund and what are their salaries?


Here are 9 key members and their salaries:


Thomas J Baffer (Chairman)
  • Compensation: $0
  • Related: $197,155
  • Other: $0
Monica Cornacchia (Union Trustee)
  • Compensation: $2,750
  • Related: $0
  • Other: $0
James Natale (Union Trustee)
  • Compensation: $2,750
  • Related: $0
  • Other: $0
John Preston (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Kohn (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Denardo (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Littles (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Guenstler (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Price (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund?

Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund

The Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund is an organization with a specific mission. Its primary goal is to extend severance benefits to eligible terminated employees. Beyond this, the fund also extends holiday benefits to eligible active employees. Essentially, the Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund serves as a safety net for its members, providing financial support during challenging transitions and acknowledging their contributions with holiday benefits. The fund's mission is centered on ensuring the well-being of its members, both during and after their employment.

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Impact




October, 2024

Wholesale Wine Salesmen's Union Local 18-D Severance Trust Fund plays a crucial role in supporting both terminated and active employees within the wine sales industry. By providing severance benefits to eligible individuals who have lost their jobs, the Fund helps ease the transition during a challenging period, offering financial support during unemployment. Additionally, it provides holiday benefits to eligible active employees, contributing to their overall well-being and financial stability. This dual focus on both terminated and active employees fosters a sense of security and community, reinforcing the commitment to the welfare of those in the wholesale wine sector in the Bronx, NY.




This information is meant to be a general summary of Wholesale Wine Salesmen's Union Local 18-D Severance 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
$98,156 (2022)
Expenses
$73,895 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $53,510
  • Program Service Revenue: $44,646
  • Gross Receipts: $335,914

Assets and Liabilities:

  • Total Assets: $822,892
  • Total Liabilities: $96,989
  • Net Assets: $725,903

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$44,646

Organization Details

Founding Year

1969

Principal Officer

Thomas J Baffer

Main Address

3163 E TREMONT AVE, BRONX, NY, 10461

NTEE Category

Code: Y40 - Mutual benefit

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