Overview
What is Pipe Fitters 120 Sub Fund?
The Pipe Fitters 120 Sub Fund is a nonprofit organization based in Cleveland, Ohio, specifically at 6305 Halle Drive. Its primary mission is to offer supplemental unemployment benefits to its members who may find themselves out of work. This support extends to providing weekly unemployment benefits to the unemployed participants and a separation benefit upon termination from the plan. The fund's main activity or mission revolves around providing financial assistance during periods of joblessness, aiming to offer a safety net for its members.
Is Pipe Fitters 120 Sub Fund legitimate?
Pipe Fitters 120 Sub Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pipe Fitters 120 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Pipe Fitters 120 Sub Fund?
The Pipe Fitters 120 Sub Fund's mission is centered around providing support for unemployed participants. Specifically, it aims to provide supplemental unemployment benefits on a weekly basis. Additionally, the fund offers a separation benefit upon termination from the plan. In essence, the fund's primary role is to alleviate financial hardships for its members who find themselves out of work.
Who is the CEO of Pipe Fitters 120 Sub Fund?
Donald Ols is the Trustee-Union of Pipe Fitters 120 Sub Fund.
What is the revenue of Pipe Fitters 120 Sub Fund?
Pipe Fitters 120 Sub Fund's revenue in 2022 was $599,729.
Who are the executives of Pipe Fitters 120 Sub Fund and what are their salaries?
There 6 volunteers at Pipe Fitters 120 Sub Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $145,360
- Other: $88,759
- Compensation: $0
- Related: $3,387
- Other: $0
- Compensation: $0
- Related: $272
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pipe Fitters 120 Sub Fund?
Pipe Fitters 120 Sub Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pipe Fitters 120 Sub Fund
The Pipe Fitters 120 Sub Fund is dedicated to providing supplemental unemployment benefits to its members who find themselves out of work. This nonprofit organization offers weekly unemployment benefits to its unemployed participants, providing a financial safety net during challenging times. Furthermore, upon termination from the plan, the fund also offers a separation benefit. The mission of the Pipe Fitters 120 Sub Fund is to support its members financially during unemployment, ensuring they have access to essential resources during their period of joblessness.
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Impact
October, 2024
The Pipe Fitters 120 Sub Fund significantly impacts the lives of its members by offering essential supplemental unemployment benefits. Located in Cleveland, Ohio, this fund provides financial assistance to individuals in the pipe fitting industry who find themselves unemployed.
By delivering weekly unemployment benefits to those out of work, it helps ease the financial strain during challenging times, allowing members to maintain a degree of stability while they seek new employment opportunities. Additionally, the provision of a separation benefit upon termination further supports individuals during their transition period, ensuring they have resources available as they navigate their next steps.
Overall, the fund plays a critical role in fostering a safety net for workers in the pipe fitting community, promoting economic resilience and mutual support among its participants.
This information is meant to be a general summary of Pipe Fitters 120 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: $120,514
- Program Service Revenue: $479,215
- Gross Receipts: $599,729
Assets and Liabilities:
- Total Assets: $8,293,566
- Total Liabilities: $31,528
- Net Assets: $8,262,038
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTOR CONTRIBUTIO
Revenue
$472,405
Organization Details
Founding Year
1973
Phone
(216) 447-3408Principal Officer
Donald Ols
Main Address
6305 HALLE DRIVE, CLEVELAND, OH, 44125
NTEE Category
Code: Y40 - Mutual benefit
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