Overview
What is Heat & Frost Insulators Loc 25 Sub Fund?
Heat & Frost Insulators Loc 25 Sub Fund is a nonprofit organization situated in Southfield, MI. Its primary objective is to manage a supplemental unemployment benefits program for members of Heat and Frost Insulators local. This fund is committed to providing financial assistance to its members if the organization ceases operations or sells over a quarter of its assets. Furthermore, it oversees the administration of s.u.bSubu.b. Fund. In essence, Heat & Frost Insulators Loc 25 Sub Fund aims to support its members during periods of unemployment due to organizational changes.
Is Heat & Frost Insulators Loc 25 Sub Fund legitimate?
Heat & Frost Insulators Loc 25 Sub Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Heat & Frost Insulators Loc 25 Sub 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:
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What is the mission statement of Heat & Frost Insulators Loc 25 Sub Fund?
The Heat & Frost Insulators Loc 25 Sub Fund's mission is centered around providing unemployment benefits. In the event that the parent organization ceases operations or disposes of a substantial portion of its assets, the Fund steps in to offer support. Beyond this, the Fund is also responsible for managing the s.u.bSubu.b. Fund. The primary goal of the Heat & Frost Insulators Loc 25 Sub Fund is to ensure financial assistance is available for its members during such challenging circumstances.
Who is the CEO of Heat & Frost Insulators Loc 25 Sub Fund?
Curt Mcglone is the Trustee of Heat & Frost Insulators Loc 25 Sub Fund.
What is the revenue of Heat & Frost Insulators Loc 25 Sub Fund?
Heat & Frost Insulators Loc 25 Sub Fund's revenue in 2022 was $440,016.
Who are the executives of Heat & Frost Insulators Loc 25 Sub Fund and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Heat & Frost Insulators Loc 25 Sub Fund?
Heat & Frost Insulators Loc 25 Sub Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heat & Frost Insulators Loc 25 Sub Fund
The Heat & Frost Insulators Loc 25 Sub Fund is dedicated to carrying out a mission that primarily focuses on providing unemployment benefits. In the event that the Heat and Frost Insulators local discontinues its operations or divests more than 25% of its net assets, this fund steps in to offer supplementary unemployment benefits to its members. Beyond this, the fund is also responsible for the administration of the s.u.bSubu.b. Fund. This organization's mission is essential in providing financial support for its members during challenging times, ensuring their financial stability and well-being.
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Impact
October, 2024
Heat & Frost Insulators Loc 25 Sub Fund plays a crucial role in supporting members of the Heat and Frost Insulators local by providing supplemental unemployment benefits. This program serves as a financial safety net for individuals facing job loss, particularly in situations where the organization may discontinue operations or significantly reduce its net assets. By ensuring that members have access to these essential benefits, the fund helps alleviate economic hardships during unemployment, fostering stability and resilience within the community. Located in Southfield, MI, the organization is dedicated to administering these benefits effectively, reinforcing its commitment to the welfare of its members.
This information is meant to be a general summary of Heat & Frost Insulators Loc 25 Sub 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $134,337
- Program Service Revenue: $482,409
- Gross Receipts: $556,871
Assets and Liabilities:
- Total Assets: $3,146,200
- Total Liabilities: $8,578
- Net Assets: $3,137,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$482,409
Organization Details
Founding Year
1970
Phone
(248) 352-1850Principal Officer
Curt Mcglone
Main Address
21353 BRIDGE STREET, SOUTHFIELD, MI, 48033
NTEE Category
Code: Y40 - Mutual benefit
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