Local 1 Of Pa Tmt Vacation Fund

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

EIN: 232215145 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

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Overview

What is Local 1 Of Pa Tmt Vacation Fund?

Local 1 of PA TMT Vacation Fund is a multiemployer benefit fund, specifically focused on providing vacation benefits. This nonprofit organization's primary mission is to offer vacation benefits to its members. While the provided information does not detail the specifics of their activities or the scope of their reach, it is clear that they operate as a vacation fund for their associated members.

Is Local 1 Of Pa Tmt Vacation Fund legitimate?

Local 1 Of Pa Tmt Vacation Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 1 Of Pa Tmt 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 Local 1 Of Pa Tmt Vacation Fund?

The Local 1 Of Pa Tmt Vacation Fund operates as a multiemployer vacation benefit fund. Its primary mission, though not explicitly stated in the provided information, can be inferred to be providing vacation benefits to its members, potentially across various employment sectors. The fund may also aim to ensure the sustainability and fair distribution of these benefits among its participating employers and employees. However, without more specific information, a comprehensive mission statement cannot be accurately summarized.

Who is the CEO of Local 1 Of Pa Tmt Vacation Fund?

Joseph Battaglia is the Trustee of Local 1 Of Pa Tmt Vacation Fund.

What is the revenue of Local 1 Of Pa Tmt Vacation Fund?

Local 1 Of Pa Tmt Vacation Fund's revenue in 2023 was $939,455.

Who are the executives of Local 1 Of Pa Tmt Vacation Fund and what are their salaries?


Here are 2 key members and their salaries:


Joe Battaglia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Cloudy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 1 Of Pa Tmt Vacation Fund?

Local 1 Of Pa Tmt Vacation Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Local 1 Of Pa Tmt Vacation Fund

Local 1 of PA TMT Vacation Fund is a multiemployer organization that serves a unique purpose. Its mission revolves around providing vacation benefits to its members. This fund operates as a resource, offering its members a chance to enjoy well-deserved time off, enhancing their overall quality of life. By functioning as a vacation benefit fund, Local 1 of PA TMT Vacation Fund plays a significant role in promoting work-life balance for its members, thereby contributing to their overall well-being.

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Impact




October, 2024

Local 1 Of Pa Tmt Vacation Fund plays a significant role in supporting workers by providing a structured vacation benefit. This multiemployer vacation benefit fund allows employees to save and access funds specifically designated for their vacation needs, enhancing their overall well-being and work-life balance.

Operating in Philadelphia, PA, the fund serves as a critical resource for individuals in the local workforce, contributing to financial security and encouraging workers to take necessary time off to recharge. By promoting the importance of vacation, the fund helps to foster a healthier workplace ecosystem, ultimately benefiting both employees and employers.

Through its mutual benefit structure, Local 1 Of Pa Tmt Vacation Fund demonstrates a commitment to the communal welfare of its members, ensuring that they have the means to enjoy time away from work without the stress of financial burden.




This information is meant to be a general summary of Local 1 Of Pa Tmt 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
$939,455 (2023)
Expenses
$955,049 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $698
  • Program Service Revenue: $938,757
  • Gross Receipts: $939,455

Assets and Liabilities:

  • Total Assets: $171,636
  • Total Liabilities: $8,000
  • Net Assets: $163,636

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Programs

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

Employer Contributions

Revenue

$938,757

Organization Details

Founding Year

1974

Principal Officer

Joseph Battaglia

Main Address

2706 Black Lake Pl, Philadelphia, PA, 19154

NTEE Category

Code: Y40 - Mutual benefit

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