Overview
What is Railway Independent Transit Union?
The Railway Independent Transit Union is a nonprofit organization situated in Colonia, New Jersey, with an address at 60 Inman Avenue. Its primary purpose is to offer support and financial aid to its union members during a strike. In addition to this, the organization serves as a mediator during contract negotiations. The union, with a workforce of 20 employees, aims to ensure its members receive benefits during such circumstances, thereby upholding their welfare and rights as workers.
Is Railway Independent Transit Union legitimate?
Railway Independent Transit Union is a legitimate nonprofit organization registered as a 501(c)(5) entity. Railway Independent Transit Union 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: $71,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Railway Independent Transit Union?
The Railway Independent Transit Union's mission is centered around providing support to its union members in the event of a strike. This includes offering financial aid and acting as an intermediary during contract negotiations. The organization's primary goal is to ensure its members have benefits during such periods of industrial action.
Who is the CEO of Railway Independent Transit Union?
Shaam Somwaru is the General President of Railway Independent Transit Union.
What is the revenue of Railway Independent Transit Union?
Railway Independent Transit Union's revenue in 2021 was $128,623.
Who are the executives of Railway Independent Transit Union and what are their salaries?
The average compensation at Railway Independent Transit Union during 2021 was $3,597. There are 20 employees at Railway Independent Transit Union.
Here are 17 key members and their salaries:
- Compensation: $490
- Related: $0
- Other: $0
- Compensation: $185
- Related: $0
- Other: $0
- Compensation: $846
- Related: $0
- Other: $0
- Compensation: $615
- Related: $0
- Other: $0
- Compensation: $736
- Related: $0
- Other: $0
- Compensation: $20,857
- Related: $0
- Other: $0
- Compensation: $185
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $4,245
- Related: $0
- Other: $0
- Compensation: $2,746
- Related: $0
- Other: $0
- Compensation: $4,186
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $370
- Related: $0
- Other: $0
- Compensation: $1,249
- Related: $0
- Other: $0
- Compensation: $3,958
- Related: $0
- Other: $0
- Compensation: $2,239
- Related: $0
- Other: $0
Where can I find the form 990 for Railway Independent Transit Union?
Railway Independent Transit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Railway Independent Transit Union
The Railway Independent Transit Union, abbreviated as RITU, is an organization with a mission to support its union members in the event of a strike. This nonprofit aims to provide its members with essential benefits during such circumstances. In the role of an intermediary, RITU also engages in contract negotiations, ensuring the interests of its members are represented fairly. The primary goal of RITU is to offer financial aid and other forms of assistance to its union members during a strike, ensuring their well-being and stability during challenging times.
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Impact
October, 2024
The Railway Independent Transit Union plays a crucial role in safeguarding the interests of its members, particularly during times of labor strikes. By providing vital support and financial aid, the union ensures that its members have a safety net when faced with work stoppages. This assistance not only helps individuals maintain some level of financial stability but also encourages solidarity among workers during negotiations.
Moreover, the union acts as an intermediary in contract negotiations, facilitating communication between its members and management. This function is essential in advocating for better working conditions, fair wages, and overall job security. By actively engaging in the negotiation process, the Railway Independent Transit Union empowers its members and strengthens their collective bargaining power.
Operating out of Colonia, NJ, the union's mission emphasizes the importance of protecting workers' rights and providing benefits during strikes, thereby enhancing the resilience of the workforce in the face of adversity. Ultimately, the impact of the Railway Independent Transit Union is significant, as it fosters a supportive environment for workers and promotes a more equitable labor landscape.
This information is meant to be a general summary of Railway Independent Transit Union. 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 2021.
- Investment Income: $2,912
- Gross Receipts: $128,623
Assets and Liabilities:
- Total Assets: $395,467
- Total Liabilities: $8,632
- Net Assets: $386,835
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Organization Details
Founding Year
1994
Phone
(973) 484-7640Principal Officer
Shaam Somwaru
Main Address
60 INMAN AVENUE, COLONIA, NJ, 070671802
NTEE Category
Code: J40 - Employment
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