Steamfitters Local Union 475 Vacation Fund

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

EIN: 222351279 ✦ Warren, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Steamfitters Local Union 475 Vacation Fund?

Steamfitters Local Union 475 Vacation Fund is a nonprofit organization situated in Warren, New Jersey. Its primary purpose is to accumulate and distribute vacation benefits for eligible union members working in the bargaining unit covered by Local Union #475. This fund operates by having a portion of their wages set aside and invested on their behalf, providing them with a well-deserved break. The fund's mission is to offer a structured method for steamfitters, journeyworkers, and apprentices to save for their vacations, ensuring they can enjoy time off while maintaining their financial stability.

Is Steamfitters Local Union 475 Vacation Fund legitimate?

Steamfitters Local Union #475 Vacation Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Steamfitters Local Union #475 Vacation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Steamfitters Local Union 475 Vacation Fund?

The Steamfitters Local Union 475 Vacation Fund's mission is to establish a mechanism for Steamfitters, journeymen, and apprentices, working within the union's bargaining unit, to have a portion of their wages set aside and invested on their behalf. This fund is designed to provide vacation benefits for eligible members. The fund's primary activity is the accumulation and distribution of these vacation benefits, ensuring that union members can enjoy well-deserved breaks.

Who is the CEO of Steamfitters Local Union 475 Vacation Fund?

Kim Devizio is the Employee Trustee of Steamfitters Local Union #475 Vacation Fund.

What is the revenue of Steamfitters Local Union 475 Vacation Fund?

Steamfitters Local Union 475 Vacation Fund's revenue in 2022 was $3,692,606.

Who are the executives of Steamfitters Local Union 475 Vacation Fund and what are their salaries?


Here are 13 key members and their salaries:


Shaun P Sullivan Sr (Employee Trustee)
  • Compensation: $0
  • Related: $170,735
  • Other: $157,750
Edward A Fraass Jr (Employee Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Holsworth (Employee Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Mcconway (Employee Trustee)
  • Compensation: $0
  • Related: $165,081
  • Other: $152,673
Jonathan Sinnott (Employee Trustee)
  • Compensation: $0
  • Related: $165,100
  • Other: $152,675
Robert B Snyder Jr (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty J Drobny (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Tomaiko (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Evans (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Dipano (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Manning (Employee Trustee)
  • Compensation: $0
  • Related: $165,356
  • Other: $152,672
James Caffrey (Employee Trustee)
  • Compensation: $0
  • Related: $3,516
  • Other: $0
Kim Devizio (Fund Administrator)
  • Compensation: $0
  • Related: $121,723
  • Other: $86,233
Where can I find the form 990 for Steamfitters Local Union 475 Vacation Fund?

Steamfitters Local Union 475 Vacation Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Steamfitters Local Union 475 Vacation Fund

Steamfitters Local Union 475 Vacation Fund is a mission-driven organization aimed at providing vacation benefits to its members. Established with the intention of setting aside a portion of the wages of steamfitters, journeymen, and apprentices employed within its bargaining unit, the fund operates with the objective of accumulating and distributing these vacation benefits to eligible members. By withholding a portion of their wages and investing it in their name, the fund provides a secure and beneficial retirement plan, enabling members to enjoy well-deserved vacations during their working years.

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Impact




October, 2024

The Steamfitters Local Union 475 Vacation Fund significantly enhances the financial well-being of its members by ensuring they receive vacation benefits that accumulate over time. This fund allows steamfitters, journeymen, and apprentices within the bargaining unit to have a portion of their wages withheld and invested for their future vacation needs. This approach not only provides a structured means for members to save for downtime from work but also fosters a sense of financial security and stability.

By facilitating the accumulation and distribution of these vacation benefits, the fund empowers members to take the necessary time off to recharge, ultimately leading to greater job satisfaction and productivity. The strategic investment of their withheld wages further supports their long-term financial goals. Overall, the Steamfitters Local Union 475 Vacation Fund plays a pivotal role in promoting the welfare of its members, helping them balance work and personal life effectively.




This information is meant to be a general summary of Steamfitters Local Union 475 Vacation 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
$3,692,606 (2022)
Expenses
$3,654,107 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,698
  • Program Service Revenue: $3,673,908
  • Gross Receipts: $3,692,606

Assets and Liabilities:

  • Total Assets: $2,998,224
  • Total Liabilities: $2,598,523
  • Net Assets: $399,701

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Programs

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

CONTRACTOR CONTRIBUTIO

Revenue

$3,673,908

Organization Details

Founding Year

1953

Principal Officer

Kim Devizio

Main Address

136 MOUNT BETHEL ROAD, WARREN, NJ, 07060

NTEE Category

Code: Y40 - Mutual benefit

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