Supplemental Unemployment & Disability Trust Fund Of Local 370

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

EIN: 237314233 ✦ Lansing, MI ✦ Designated as a 501(c)(5)

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Overview

What is Supplemental Unemployment & Disability Trust Fund Of Local 370?

The Supplemental Unemployment & Disability Trust Fund of Local 370 is a nonprofit organization situated in Lansing, Michigan. Their primary mission is to offer supplemental unemployment and disability benefits to around 527 eligible participants. Additionally, they provide voluntary vacation benefits to eligible members. The organization, with a team of 135 employees, is dedicated to serving its members during periods of unemployment or disability, offering financial support and assistance during challenging times.

Is Supplemental Unemployment & Disability Trust Fund Of Local 370 legitimate?

Supplemental Unemployment & Disability Trust Fund Of Local #370 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Supplemental Unemployment & Disability Trust Fund Of Local #370 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 Supplemental Unemployment & Disability Trust Fund Of Local 370?

The Supplemental Unemployment & Disability Trust Fund of Local 370's mission is centered around providing aid to eligible individuals. Specifically, it offers supplemental unemployment benefits to approximately 527 eligible participants and voluntary vacation benefits to eligible members. The fund is committed to providing this support, contributing to the financial security of those in need during challenging times. The primary objective of the trust fund is to offer these benefits, helping to alleviate some of the financial burdens faced by its members.

Who is the CEO of Supplemental Unemployment & Disability Trust Fund Of Local 370?

Daniel Gaudet is the Trustee of Supplemental Unemployment & Disability Trust Fund Of Local #370.

What is the revenue of Supplemental Unemployment & Disability Trust Fund Of Local 370?

Supplemental Unemployment & Disability Trust Fund Of Local 370's revenue in 2022 was $197,539.

Who are the executives of Supplemental Unemployment & Disability Trust Fund Of Local 370 and what are their salaries?

There are 135 employees at Supplemental Unemployment & Disability Trust Fund Of Local 370.


Here are 4 key members and their salaries:


Zach Desrochers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Gaudet (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Bashore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Adams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Supplemental Unemployment & Disability Trust Fund Of Local 370?

Supplemental Unemployment & Disability Trust Fund Of Local 370's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Supplemental Unemployment & Disability Trust Fund Of Local 370

The Supplemental Unemployment & Disability Trust Fund of Local 370 is an organization dedicated to providing supplemental benefits to eligible individuals. Its primary mission is to offer supplemental unemployment benefits to approximately 527 participants who may be facing financial hardships due to job loss or other circumstances. Additionally, the fund extends voluntary vacation benefits to eligible members, providing them with an extra layer of financial support during their time off. The organization's mission is crucial in supporting the financial well-being of its members during challenging times, thereby contributing to their overall stability and peace of mind.

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Impact




October, 2024

The Supplemental Unemployment & Disability Trust Fund of Local 370 plays a crucial role in providing financial support to its members during periods of unemployment and disability. By offering supplemental unemployment benefits, the fund helps alleviate the financial strain that can come from job loss, ensuring that around 527 eligible participants have access to vital resources while they search for new employment opportunities. Additionally, the fund provides disability benefits, allowing members to manage health-related challenges without facing severe economic hardship.

Voluntary vacation benefits further enhance the support network, enabling members to take necessary time off without jeopardizing their financial stability. In a city like Lansing, MI, where job markets can fluctuate, this trust fund serves as a safety net, fostering resilience within the community and enhancing the overall well-being of its members.




This information is meant to be a general summary of Supplemental Unemployment & Disability Trust Fund Of Local 370. 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
$197,539 (2022)
Expenses
$242,508 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $577
  • Program Service Revenue: $196,962
  • Gross Receipts: $197,539

Assets and Liabilities:

  • Total Assets: $871,528
  • Total Liabilities: $25,949
  • Net Assets: $845,579

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Programs

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

Employee contributions

Revenue

$196,962

Organization Details

Founding Year

1972

Principal Officer

Daniel Gaudet

Main Address

6525 Centurion Drive, Lansing, MI, 489179275

NTEE Category

Code: J40 - Employment

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