Plumbers Lu 690 Vacation Fund

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

EIN: 232085471 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

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Overview

What is Plumbers Lu 690 Vacation Fund?

Plumbers Lu 690 Vacation Fund is a nonprofit organization located in Philadelphia, Pennsylvania. Its primary mission is to support journeymen plumbers, plumbers, and apprentices by setting aside funds for vacations. This is achieved through payroll deductions, where a portion of their wages is withheld and allocated towards vacation funds. The organization does not seem to offer any other programs or services, with all its revenues and expenses being dedicated to this purpose.

Is Plumbers Lu 690 Vacation Fund legitimate?

Plumbers Lu 690 Vacation Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers Lu 690 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 Plumbers Lu 690 Vacation Fund?

The Plumbers Lu 690 Vacation Fund serves a specific purpose, primarily focused on providing vacation funds for journeymen plumbers, plumbers, and apprentices. They achieve this goal by collecting and disbursing a portion of their wages through payroll deductions. This is the primary program service offered by the organization, and all revenues and expenses are allocated towards this purpose. The fund aims to support these professionals in taking well-deserved vacations, contributing to their overall well-being.

Who is the CEO of Plumbers Lu 690 Vacation Fund?

Thomas J Mcnulty is the Co-Chairman of Plumbers Lu 690 Vacation Fund.

What is the revenue of Plumbers Lu 690 Vacation Fund?

Plumbers Lu 690 Vacation Fund's revenue in 2022 was $3,581,225.

Who are the executives of Plumbers Lu 690 Vacation Fund and what are their salaries?


Here are 8 key members and their salaries:


George C Pegram (Co-Chairman)
  • Compensation: $0
  • Related: $218,804
  • Other: $155,756
James Dougherty (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis X Goldensr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Krzyzanowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
P Darby Doyle (Trustee)
  • Compensation: $0
  • Related: $160,932
  • Other: $129,620
Thomas P Golden (Trustee)
  • Compensation: $0
  • Related: $167,009
  • Other: $132,336
Thomas J Mcnulty (Administrator)
  • Compensation: $0
  • Related: $182,774
  • Other: $116,081
Kevin Dean (Field Representative)
  • Compensation: $0
  • Related: $159,561
  • Other: $108,576
Where can I find the form 990 for Plumbers Lu 690 Vacation Fund?

Plumbers Lu 690 Vacation Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Plumbers Lu 690 Vacation Fund

Plumbers Lu 690 Vacation Fund, a nonprofit organization, is dedicated to serving journeymen plumbers, plumbers, and apprentices by fulfilling its tax-exempt purpose. This purpose is accomplished through the collection and subsequent disbursement of payroll deductions, with the ultimate goal of providing vacation funds for these individuals. By withholding a portion of their wages, the organization ensures that these workers have the opportunity to take much-deserved breaks, enhancing their overall well-being. The Plumbers Lu 690 Vacation Fund's sole program service is centered around this mission, with all revenues and expenses directly supporting this purpose.

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Impact




October, 2024

Plumbers Lu 690 Vacation Fund significantly enhances the quality of life for journeymen, plumbers, and apprentices by facilitating access to vacation funds. Through systematic payroll deductions, the fund accumulates resources specifically designated to support workers in taking much-needed breaks away from their jobs.

This initiative allows members to place a portion of their wages into a dedicated vacation fund, ensuring they can afford time off to recharge and engage in leisure activities. This support not only aids in preventing burnout but also promotes overall well-being, allowing workers to return to their professions refreshed and more productive.

By focusing on this singular purpose of providing vacation funds, the organization reinforces the importance of work-life balance within the plumbing community, contributing to better job satisfaction and retention. The model implemented through payroll deductions simplifies the process for participants, making it easier for them to prioritize their personal time without financial stress. Overall, the Plumbers Lu 690 Vacation Fund plays a vital role in fostering a healthier, more balanced workforce.




This information is meant to be a general summary of Plumbers Lu 690 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
$3,581,225 (2022)
Expenses
$3,402,797 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $221
  • Program Service Revenue: $3,578,896
  • Gross Receipts: $3,581,225

Assets and Liabilities:

  • Total Assets: $1,541,628
  • Total Liabilities: $30,331
  • Net Assets: $1,511,297

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Programs

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

PARTICIPANT CONTRIB.

Revenue

$3,578,896

Organization Details

Founding Year

1969

Principal Officer

Thomas J Mcnulty

Main Address

2791 SOUTHAMPTON ROAD, PHILADELPHIA, PA, 191541296

NTEE Category

Code: Y40 - Mutual benefit

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