Overview
What is Minneapolis Electrical Industry Board?
The Minneapolis Electrical Industry Board is a nonprofit organization dedicated to supporting employees of signatory electrical employers. In instances of tool theft or jury duty requirements, the board offers assistance, ensuring financial aid for any lost wages and benefits. Should employers fail to meet their payment obligations, the board steps in to provide necessary compensation. Beyond these aspects, the organization also covers tool replacement costs and jury duty compensation for affiliated electrical employers' staff.
Is Minneapolis Electrical Industry Board legitimate?
Minneapolis Electrical Industry Board is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minneapolis Electrical Industry Board submitted a form 990EZ, 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.
What is the mission statement of Minneapolis Electrical Industry Board?
The Minneapolis Electrical Industry Board's mission is centered around assisting workers from signatory employers who have experienced tool theft or are required to attend jury duty. The board plays a crucial role in providing financial aid, ensuring payment of wages and benefits when employers fail to do so. Furthermore, the organization offers a program for compensating tool losses and providing remuneration for missed work due to jury duty for employees of affiliated electrical companies.
Who is the CEO of Minneapolis Electrical Industry Board?
David Manderson is the Trustee of Minneapolis Electrical Industry Board.
What is the revenue of Minneapolis Electrical Industry Board?
Minneapolis Electrical Industry Board's revenue in 2022 was $7,066.
Who are the executives of Minneapolis Electrical Industry Board and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Minneapolis Electrical Industry Board?
Minneapolis Electrical Industry Board's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Minneapolis Electrical Industry Board
The Minneapolis Electrical Industry Board is an organization dedicated to supporting the employees of its affiliated electrical employers. Its primary mission involves assisting employees who have had tools stolen or are required to participate in jury duty, ensuring they receive compensation for any lost wages and benefits. In such situations, the board steps in to cover these costs, providing a financial safety net for the affected employees.
Furthermore, the Minneapolis Electrical Industry Board's mission extends beyond these specific scenarios. It also includes a program for compensating employees for tool losses, offering financial aid in cases where their tools are stolen or otherwise unavailable. This initiative aims to alleviate the financial burden and inconvenience that such incidents can cause.
In addition to these support services, the Minneapolis Electrical Industry Board also provides benefits to employees when their employers fail to make their required wage and benefit payments. By stepping in to fill this gap, the board ensures that employees do not suffer unduly due to their employers' financial mismanagement or other extenuating circumstances. Overall, the Minneapolis Electrical Industry Board serves as a valuable resource for electrical industry employees, providing a range of support services to help them navigate challenges and maintain financial stability.
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Impact
October, 2024
The Minneapolis Electrical Industry Board plays a crucial role in supporting employees within the electrical industry by providing essential assistance during challenging times. It specifically aids employees of signatory employers who have faced theft of tools or are required to take time off for jury duty. This support extends to ensuring that these employees receive wages and benefits, particularly when their employers fail to meet payment obligations.
By offering programs that compensate for tool losses and jury duty, the Board not only fosters security and stability for workers but also promotes a healthier work environment in the electrical sector. This impact enhances the overall well-being of the workforce, ensuring that employees can focus on their responsibilities without the added stress of financial insecurity due to unforeseen circumstances.
This information is meant to be a general summary of Minneapolis Electrical Industry Board. 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 2022.
- Investment Income: $34
- Program Service Revenue: $7,032
- Gross Receipts: $7,066
Assets and Liabilities:
- Total Assets: $275,071
- Total Liabilities: $0
- Net Assets: $275,071
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Organization Details
Phone
(952) 591-1800Principal Officer
David Manderson
Main Address
600 HIGHWAY 169 SO 640, ST LOUIS PARK, MN, 55426
NTEE Category
Code: J00 - Employment
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