Ibew Local 351

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

EIN: 223292075 ✦ Folsom, NJ ✦ Designated as a 501(c)(5)

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Overview

What is Ibew Local 351?

Ibew Local 351 is a local union, situated in Folsom, New Jersey, with the specific address of 1113 Black Horse Pike. This nonprofit organization primarily serves its members by acting as an intermediary between them and building contractors. In the event of disagreements, Ibew Local 351 assists in resolving grievances. Furthermore, it is instrumental in negotiating wages and benefits for its members. The union currently employs a team of 45 individuals, demonstrating its commitment to supporting its members in the construction industry.

Is Ibew Local 351 legitimate?

Ibew Local 351 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew Local 351 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: $1,745,702
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,303

For more financial information, click here

What is the mission statement of Ibew Local 351?

Ibew Local 351 serves as a representation for its members in their dealings with building contractors. One of its primary responsibilities is to help settle grievances that arise between members and contractors. Furthermore, the local union plays a crucial role in negotiating wages and benefits for its members. By doing so, Ibew Local 351 aims to protect the interests of its members and ensure fair treatment in the workplace. The union's activities are centered around advocating for its members and seeking to improve their working conditions and compensation. It serves as a mediator and a voice for its members in the construction industry.

Who is the CEO of Ibew Local 351?

Daniel Cosner is the Bus. Mgr./Financial Sec. of Ibew Local 351.

What is the revenue of Ibew Local 351?

Ibew Local 351's revenue in 2022 was $5,259,580.

Who are the executives of Ibew Local 351 and what are their salaries?

The average compensation at Ibew Local 351 during 2022 was $46,822. There are 45 employees at Ibew Local 351.


Here are 14 key members and their salaries:


Daniel Cosner (Bus. Mgr./Financial Sec.)
  • Compensation: $277,417
  • Related: $0
  • Other: $160,426
Charles Della Vecchia (President/Asst. Bus. Mgr.)
  • Compensation: $241,231
  • Related: $0
  • Other: $145,596
Roy Foster (Asst. Bus. Mgr./E-Board)
  • Compensation: $241,231
  • Related: $0
  • Other: $139,516
Steven Dimatteo (Treasurer/Bus. Agent)
  • Compensation: $192,990
  • Related: $0
  • Other: $120,903
Stephen Gandy (Business Agent/E-Board)
  • Compensation: $192,990
  • Related: $0
  • Other: $120,903
John Gray (Business Agent/Rec. Sec.)
  • Compensation: $192,990
  • Related: $0
  • Other: $117,223
Ryck Signor (Business Agent/Rec. Sec.)
  • Compensation: $192,990
  • Related: $0
  • Other: $120,903
Harry Helsel (Business Agent/E-Board)
  • Compensation: $192,990
  • Related: $0
  • Other: $120,903
John Helsel (Vice President)
  • Compensation: $3,623
  • Related: $0
  • Other: $0
Conrad Schaffer (Executive Board)
  • Compensation: $6,051
  • Related: $0
  • Other: $0
Donald Morgan (Executive Board)
  • Compensation: $6,051
  • Related: $0
  • Other: $0
Kevin Malinowski (Executive Board)
  • Compensation: $3,642
  • Related: $0
  • Other: $0
Scott Groff (Former Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike D'Alessandris (Executive Board)
  • Compensation: $1,506
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 351?

Ibew Local 351's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 351

Ibew Local 351, as a local union, plays a significant role in advocating for its members in the construction industry. Its mission is centered around representing members in their interactions with building contractors, resolving disputes, and negotiating wages and benefits. This union serves as a mediator, ensuring fair treatment for its members and facilitating agreements that are beneficial to both parties. By doing so, Ibew Local 351 works towards fostering a harmonious working environment in the construction sector, where the rights and interests of its members are safeguarded.

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Impact




October, 2024

Ibew Local 351 plays a critical role in enhancing the working conditions and livelihoods of its members. By representing them in negotiations with building contractors, the union ensures that workers receive fair wages and comprehensive benefits. This advocacy extends to addressing and resolving grievances, which helps maintain a positive and equitable work environment. Its presence in Folsom, NJ, strengthens the local construction industry by fostering an organized workforce that prioritizes fair treatment and safety on job sites. Overall, Ibew Local 351 significantly contributes to empowering workers and improving their quality of life through collective bargaining and support.




This information is meant to be a general summary of Ibew Local 351. 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
$5,259,580 (2022)
Expenses
$6,855,434 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $136,714
  • Program Service Revenue: $4,574,397
  • Gross Receipts: $6,736,482

Assets and Liabilities:

  • Total Assets: $17,052,470
  • Total Liabilities: $41,086
  • Net Assets: $17,011,384

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Programs

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

ASSESSMENTS

Revenue

$3,659,302

DUES

Revenue

$915,095

Organization Details

Founding Year

1940

Principal Officer

Daniel Cosner

Main Address

1113 BLACK HORSE PIKE, FOLSOM, NJ, 08037

NTEE Category

Code: J40 - Employment

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