Overview
What is Central Massachusetts Electrical Labor Management Fund?
Central Massachusetts Electrical Labor Management Fund is a nonprofit organization situated in Worcester, Massachusetts. Its primary mission is to improve labor-management relationships between I.B.E.W. Local 96 and its signatory employers, focusing on mutual interests. The fund serves as a platform for discussions and joint activities, aiming to expand work opportunities and boost efficiency and economic competitiveness. Additionally, the fund promotes organizational effectiveness, enhances economic development, and addresses various matters directly impacting employees' lives and employers' profitability, which are not typically addressed through collective bargaining processes.
Is Central Massachusetts Electrical Labor Management Fund legitimate?
Central Massachusetts Electrical Labor Management Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Central Massachusetts Electrical Labor Management 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:
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What is the mission statement of Central Massachusetts Electrical Labor Management Fund?
The Central Massachusetts Electrical Labor Management Fund's primary mission is to enhance labor-management relations between I.B.E.W. Local 96 and its signatory employers, focusing on mutual interests. The fund serves as a platform for discussing and engaging in joint activities aimed at expanding work opportunities and promoting efficiency and economic competitiveness. Additionally, it strives to improve organizational effectiveness, foster economic development, and address various issues that positively impact the working lives of employees and the profitability of the employers, which may not be readily addressed through the collective bargaining process.
Who is the CEO of Central Massachusetts Electrical Labor Management Fund?
Thomas Maloney is the Secretary of Central Massachusetts Electrical Labor Management Fund.
What is the revenue of Central Massachusetts Electrical Labor Management Fund?
Central Massachusetts Electrical Labor Management Fund's revenue in 2022 was $1,028,766.
Who are the executives of Central Massachusetts Electrical Labor Management Fund and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Central Massachusetts Electrical Labor Management Fund?
Central Massachusetts Electrical Labor Management Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Massachusetts Electrical Labor Management Fund
The Central Massachusetts Electrical Labor Management Fund, in its mission, works towards improving labor-management relationships between I.B.E.W. Local 96 and its signatory employers. By providing a platform for open discussions and joint activities, the fund aims to expand work opportunities and foster efficiency and economic competitiveness. Beyond this, the fund also focuses on promoting organizational effectiveness, enhancing economic development, and addressing various matters that significantly impact the working lives of employees and the profitability of their employers, aspects that may not be readily addressed through the collective bargaining process.
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Impact
October, 2024
The Central Massachusetts Electrical Labor Management Fund significantly enhances labor-management relationships between the International Brotherhood of Electrical Workers (I.B.E.W.) Local 96 and its signatory employers. By providing a platform for dialogue and collaboration, the Fund facilitates joint activities aimed at expanding work opportunities and fostering economic competitiveness.
Its initiatives not only address immediate concerns that fall outside the scope of traditional collective bargaining but also focus on creating lasting improvements in organizational effectiveness. The Fund’s support has proven essential in helping several employers maintain competitiveness against non-union contractors, effectively navigating challenges in the labor market.
In doing so, the Fund enhances both the working lives of employees and the profitability of employers, ultimately contributing to broader economic development within the community. This collaborative approach not only strengthens the local economy but also cultivates a more stable and productive workforce, ensuring mutual benefits for all parties involved.
This information is meant to be a general summary of Central Massachusetts Electrical Labor Management 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,023
- Program Service Revenue: $1,027,743
- Gross Receipts: $1,028,766
Assets and Liabilities:
- Total Assets: $1,648,954
- Total Liabilities: $0
- Net Assets: $1,648,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTOR ASSESSMENTS
Revenue
$1,027,743
Organization Details
Founding Year
2006
Phone
(508) 753-8635Principal Officer
Thomas Maloney
Main Address
242 MILL STREET, WORCESTER, MA, 01608
NTEE Category
Code: S40 - Community improvement
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