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Local No 7 Labor Management Cooperation Fund

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

EIN: 223865264 ✦ Springfield, MA ✦ Designated as a 501(c)(5)

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Overview

What is Local No 7 Labor Management Cooperation Fund?

The Local No 7 Labor Management Cooperation Fund is a nonprofit organization situated in Springfield, Massachusetts. Their primary objective is to encourage joint labor management activities, ultimately aiding in securing work opportunities for contractors and union members affiliated with them. This fund actively engages in activities that foster collaboration between labor and management, thereby promoting mutual benefits and prosperity.

Is Local No 7 Labor Management Cooperation Fund legitimate?

Local No 7 Labor Management Cooperation Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local No 7 Labor Management Cooperation 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 Local No 7 Labor Management Cooperation Fund?

The Local No 7 Labor Management Cooperation Fund's mission is centered around promoting joint labor management activities. The primary goal is to facilitate the acquisition of work for signatory contractors and union members. By engaging in these activities, the fund aims to foster a cooperative environment, ultimately benefiting both contractors and union members. The fund does not specify the nature of these activities, but it is implied that they aim to enhance collaboration and opportunities for both parties.

Who is the CEO of Local No 7 Labor Management Cooperation Fund?

Daniel D'Alma is the Trustee of Local No 7 Labor Management Cooperation Fund.

What is the revenue of Local No 7 Labor Management Cooperation Fund?

Local No 7 Labor Management Cooperation Fund's revenue in 2022 was $1,870,904.

Who are the executives of Local No 7 Labor Management Cooperation Fund and what are their salaries?


Here are 7 key members and their salaries:


Daniel D'Alma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Quinn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gour (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Eagan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin O'Donnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Lynch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local No 7 Labor Management Cooperation Fund?

Local No 7 Labor Management Cooperation Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local No 7 Labor Management Cooperation Fund

The Local No 7 Labor Management Cooperation Fund is dedicated to advancing joint labor management activities. Its primary mission is to facilitate the acquisition of work opportunities for contractors who are signatories to agreements and their union members. By promoting collaborative initiatives between labor and management, this fund aims to foster a conducive environment that benefits both parties, ultimately leading to increased employment opportunities.

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Impact




October, 2024

Local No 7 Labor Management Cooperation Fund significantly impacts the labor market in Springfield, MA, by fostering collaboration between labor unions and management. This initiative supports the joint efforts of signatory contractors and union members, ultimately enhancing job opportunities. Through proactive labor-management activities, the Fund facilitates better communication and cooperation, leading to increased work placements for union members and a robust workforce for contractors. This collaborative approach not only helps secure employment but also builds a stronger, more resilient labor community, benefiting both workers and employers alike.




This information is meant to be a general summary of Local No 7 Labor Management Cooperation 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
$1,870,904 (2022)
Expenses
$2,074,171 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,317
  • Program Service Revenue: $1,866,497
  • Gross Receipts: $1,870,904

Assets and Liabilities:

  • Total Assets: $1,932,839
  • Total Liabilities: $0
  • Net Assets: $1,932,839

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Programs

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

Employer Contributions

Revenue

$1,866,497

Organization Details

Founding Year

2002

Principal Officer

Daniel D'Alma

Main Address

95 LIBERTY ST, Springfield, MA, 01104

NTEE Category

Code: J40 - Employment

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