New Jersey Steel Association Advancement Fund Inc

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

EIN: 227241521 ✦ Somerville, NJ ✦ Designated as a 501(c)(6)

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Overview

What is New Jersey Steel Association Advancement Fund Inc?

The New Jersey Steel Association Advancement Fund Inc is a charitable organization situated in Somerville, New Jersey. Its primary objectives include supporting labor negotiations within the steel industry and advocating for the steel association. Moreover, the fund plays a crucial role in enhancing apprentice training by offering supplementary resources. Beyond these efforts, the New Jersey Steel Association Advancement Fund Inc extends its support by providing scholarships to deserving individuals through various programs, such as scholarship contributions and apprentice awards.

Is New Jersey Steel Association Advancement Fund Inc legitimate?

New Jersey Steel Association Advancement Fund Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Jersey Steel Association Advancement Fund Inc 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of New Jersey Steel Association Advancement Fund Inc?

The New Jersey Steel Association Advancement Fund is committed to supporting labor negotiations within the steel industry and promoting the interests of the steel association. Additionally, it aids in supplementing apprentice training and provides financial assistance through scholarships and apprentice awards. This is achieved through various programs such as scholarship contributions and apprentice awards.

Who is the CEO of New Jersey Steel Association Advancement Fund Inc?

Joseph R Pagano is the Fund Trustee of New Jersey Steel Association Advancement Fund Inc.

What is the revenue of New Jersey Steel Association Advancement Fund Inc?

New Jersey Steel Association Advancement Fund Inc's revenue in 2022 was $172,320.

Who are the executives of New Jersey Steel Association Advancement Fund Inc and what are their salaries?


Here are 5 key members and their salaries:


Fred Archer (Fund Trustee)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Stephen Sangle (Treasurer)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Robert Shaw (President)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Joseph R Pagano (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Murawski (Vice President)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Jersey Steel Association Advancement Fund Inc?

New Jersey Steel Association Advancement Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Jersey Steel Association Advancement Fund Inc

The New Jersey Steel Association Advancement Fund is an organization dedicated to supporting the steel association and labor negotiations, as well as enhancing apprentice training. This nonprofit entity accomplishes its mission by offering various programs, such as scholarship contributions and apprentice awards. By doing so, it plays a crucial role in supplementing the education and skills development of future professionals in the steel industry. This mission is aimed at fostering a robust and skilled workforce in the steel sector, thereby contributing to its overall growth and stability.

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Impact




October, 2024

The New Jersey Steel Association Advancement Fund Inc plays a crucial role in enhancing the steel industry's workforce and supporting its future. By providing scholarships and funding for apprentice training, the organization helps to develop skilled professionals who are essential to the industry's sustainability and growth. This investment in education not only benefits individual apprentices but also strengthens the overall workforce, ensuring that the steel sector remains competitive and capable of meeting evolving demands.

Additionally, by supporting labor negotiations, the Fund contributes to a more balanced and fair workplace environment. This focus on collaborative labor practices fosters stronger relationships between employers and employees, promoting job security and a more stable economic landscape. Overall, the Fund's initiatives create a positive impact on the community in Somerville, NJ, as well as the broader steel industry, paving the way for future advancements and success.




This information is meant to be a general summary of New Jersey Steel Association Advancement Fund Inc. 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
$172,320 (2022)
Expenses
$135,389 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,315
  • Program Service Revenue: $164,005
  • Gross Receipts: $172,320

Assets and Liabilities:

  • Total Assets: $608,958
  • Total Liabilities: $5,450
  • Net Assets: $603,508

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$164,005

Organization Details

Founding Year

1971

Principal Officer

Joseph R Pagano

Main Address

CO J PAGANO 50 DIVISION ST 501, SOMERVILLE, NJ, 08876

NTEE Category

Code: J22 - Employment

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