Overview
What is Philadelphia Area Labor-Management Committee Inc?
Philadelphia Area Labor-Management Committee Inc is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 731 South Broad Street. Their primary objective is to foster improved labor-management cooperation within Southern Pennsylvania, Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties. They achieve this by promoting open communication between labor and management, establishing in-plant labor management committees, enhancing the skills and productivity of workers and management, and participating in community industrial development activities. The organization's mission is to retain existing industry and attract new investment into the area, thereby contributing to a healthy economy by maintaining employment and providing job opportunities. With a team of four dedicated individuals, Philadelphia Area Labor-Management Committee Inc strives to strengthen and expand businesses in the area.
Official website here: www.palmnet.org
Is Philadelphia Area Labor-Management Committee Inc legitimate?
Philadelphia Area Labor-Management Committee Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Philadelphia Area Labor-Management Committee 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: $254,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,200
For more financial information, click here
Official website here: www.palmnet.org
What is the mission statement of Philadelphia Area Labor-Management Committee Inc?
The Philadelphia Area Labor-Management Committee Inc, established as a nonprofit entity, aims to enhance labor-management communication and relations within the community. Its mission is to foster increased cooperation between labor and management in Southern Pennsylvania, Bucks, Chester, Delaware, Montgomery, and Philadelphia counties. The organization's primary objective is to improve skills and productivity among workers and management, and to stimulate and participate in community industrial development activities, with equal emphasis on retaining existing industry and attracting new investment. The Philadelphia Area Labor-Management Committee Inc works towards promoting a healthy economy by maintaining business and industry stability, enhancing employment, and creating job opportunities.
Official website here: www.palmnet.org
What is the revenue of Philadelphia Area Labor-Management Committee Inc?
Philadelphia Area Labor-Management Committee Inc's revenue in 2024 was $1,052,668.
Official website here: www.palmnet.org
Who are the executives of Philadelphia Area Labor-Management Committee Inc and what are their salaries?
The average compensation at Philadelphia Area Labor-Management Committee Inc during 2024 was $122,449. There are 4 employees at Philadelphia Area Labor-Management Committee Inc.
Here are 2 key members and their salaries:
- Compensation: $202,700
- Related: $0
- Other: $51,895
- Compensation: $130,000
- Related: $0
- Other: $27,198
Official website here: www.palmnet.org
Where can I find the form 990 for Philadelphia Area Labor-Management Committee Inc?
Philadelphia Area Labor-Management Committee Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.palmnet.org
Learn more at the official website: www.palmnet.org
Mission Statement of Philadelphia Area Labor-Management Committee Inc
Philadelphia Area Labor-Management Committee, Inc., strives to bolster labor-management cooperation within Southern Pennsylvania, Bucks, Chester, Delaware, Montgomery, and Philadelphia counties. The organization's mission lies in fostering a harmonious relationship between workers and management, aiming to improve skills, productivity, and communication. By promoting increased cooperation, they aim to contribute positively to the local economy, with a focus on retaining existing industries, strengthening businesses, and attracting new investments. The ultimate goal is to enhance labor stability, ensure employment maintenance, and create job opportunities in the area, thereby stimulating community industrial development activities.
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Impact
October, 2024
The Philadelphia Area Labor-Management Committee Inc plays a pivotal role in enhancing labor-management relations throughout the Delaware Valley region, targeting key areas such as Southern Pennsylvania, Bucks, Chester, Delaware, Montgomery, and Philadelphia counties. By fostering effective communication and cooperation between labor and management, the organization contributes to a more stable and productive workforce.
One of the committee's primary impacts is its support for establishing in-plant labor-management committees, which serve as platforms for addressing workplace issues collaboratively. This initiative not only improves relationships at the workplace level but also enhances the overall skills and productivity of both workers and management. As a result, companies can achieve higher operational efficiency and better job satisfaction among employees.
The committee is also deeply invested in community industrial development, striving to retain existing industries while attracting new investments to the area. This dual focus on retention and attraction helps stimulate local economic growth, leading to increased job opportunities and greater labor stability. By prioritizing a healthy local economy, the committee ensures that employment maintenance remains a top concern, positively affecting the livelihoods of countless individuals in the region.
Overall, the Philadelphia Area Labor-Management Committee Inc significantly impacts the labor landscape by promoting cooperation, enhancing workforce skills, and contributing to the economic vitality of the community.
This information is meant to be a general summary of Philadelphia Area Labor-Management Committee 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,904
- Program Service Revenue: $209,050
- Gross Receipts: $1,052,668
Assets and Liabilities:
- Total Assets: $684,992
- Total Liabilities: $908,017
- Net Assets: -$223,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$149,050
MEMBERSHIP DUES
Revenue
$60,000
Organization Details
Founding Year
1981
Principal Officer
Anthony Wigglesworth
Website
www.palmnet.orgNTEE Category
Code: J40 - Employment
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