Iron Workers Local 401 Vacation Fund

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

EIN: 237649329 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

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Overview

What is Iron Workers Local 401 Vacation Fund?

The Iron Workers Local 401 Vacation Fund is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary purpose is to offer vacation benefits to members who fall under various job classifications regulated by collective bargaining agreements. This fund serves as a source of vacation income for these individuals, ensuring they can enjoy well-deserved breaks during their employment.

Is Iron Workers Local 401 Vacation Fund legitimate?

Iron Workers Local 401 Vacation Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iron Workers Local 401 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 Iron Workers Local 401 Vacation Fund?

The Iron Workers Local 401 Vacation Fund serves as a vacation benefit provider for its members who fall under job classifications governed by collective bargaining agreements. Its primary mission is to offer vacation income opportunities, ensuring that these individuals can enjoy well-deserved time off. The fund, while not explicitly stated, seems to prioritize the financial well-being of its members by providing vacation benefits.

Who is the CEO of Iron Workers Local 401 Vacation Fund?

Kevin Boyle is the Union Trustee of Iron Workers Local 401 Vacation Fund.

What is the revenue of Iron Workers Local 401 Vacation Fund?

Iron Workers Local 401 Vacation Fund's revenue in 2022 was $5,117,801.

Who are the executives of Iron Workers Local 401 Vacation Fund and what are their salaries?


Here are 8 key members and their salaries:


Kevin Boyle (Union Trustee)
  • Compensation: $0
  • Related: $160,662
  • Other: $133,089
William Hunt (Union Trustee)
  • Compensation: $0
  • Related: $149,212
  • Other: $133,089
Timothy Whelan (Past Trustee)
  • Compensation: $0
  • Related: $148,912
  • Other: $133,089
Susan Dachowski (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamal Coles (Union Trustee)
  • Compensation: $0
  • Related: $127,958
  • Other: $113,852
Patricia Ciervo (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lindtrom (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Berk (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iron Workers Local 401 Vacation Fund?

Iron Workers Local 401 Vacation Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iron Workers Local 401 Vacation Fund

The Iron Workers Local 401 Vacation Fund is a dedicated entity, primarily focused on providing vacation benefits to its members. As a vacation income fund, it caters to individuals who fall under job classifications that are covered by collective bargaining agreements. The fund's primary mission is to ensure that its members can take well-deserved breaks, enhancing their overall quality of life. The Iron Workers Local 401 Vacation Fund serves as a crucial support system for its members, offering them the opportunity to rejuvenate and return to their work with renewed energy and focus.

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Impact




October, 2024

The Iron Workers Local 401 Vacation Fund plays a crucial role in providing financial support to its members during their time off from work. By offering vacation benefits, it ensures that individuals in job classifications covered by collective bargaining agreements can enjoy their time away from the job without facing financial strain. This fund serves as a safety net, allowing workers to maintain their income while taking necessary breaks, fostering a healthier work-life balance. Additionally, being located in Philadelphia, PA, it directly impacts the local workforce, enhancing the quality of life for its members and contributing to the overall well-being of the community.




This information is meant to be a general summary of Iron Workers Local 401 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
$5,117,801 (2022)
Expenses
$5,102,415 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,214
  • Program Service Revenue: $5,116,587
  • Gross Receipts: $5,117,801

Assets and Liabilities:

  • Total Assets: $405,657
  • Total Liabilities: $376,508
  • Net Assets: $29,149

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Programs

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

Participant Contributions

Revenue

$5,116,587

Organization Details

Founding Year

1988

Principal Officer

Kevin Boyle

Main Address

11600 NORCOM ROAD, PHILADELPHIA, PA, 19154

NTEE Category

Code: Y40 - Mutual benefit

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