Cost Of Living Fund Of Local 274

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

EIN: 262611534 ✦ Hopatcong, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Cost Of Living Fund Of Local 274?

Cost Of Living Fund Of Local 274 is a nonprofit organization located in Hopatcong, New Jersey, specifically at 36 Hopatcong Road. Their primary mission is to provide cost of living benefits to eligible participants. This support aims to improve the living conditions and financial stability of those who qualify, thereby enhancing their overall quality of life. The specifics of these benefits and the criteria for eligibility are not provided in the information, but it is clear that the organization is dedicated to assisting individuals in need.

Is Cost Of Living Fund Of Local 274 legitimate?

Cost Of Living Fund Of Local 274 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cost Of Living Fund Of Local 274 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 Cost Of Living Fund Of Local 274?

The Cost of Living Fund of Local 274 is committed to providing cost of living benefits to eligible participants. This mission is carried out through the provision of financial aid aimed at assisting individuals in managing their day-to-day expenses. The fund's primary objective is to support those who meet the eligibility criteria, ensuring they have the necessary resources to maintain a decent standard of living. The fund's activities are centered around the distribution of these benefits, aiming to alleviate financial burdens and improve the overall quality of life for its participants.

Who is the CEO of Cost Of Living Fund Of Local 274?

Warren Stella is the Trustee of Cost Of Living Fund Of Local 274.

What is the revenue of Cost Of Living Fund Of Local 274?

Cost Of Living Fund Of Local 274's revenue in 2023 was $207,981.

Who are the executives of Cost Of Living Fund Of Local 274 and what are their salaries?


Here are 8 key members and their salaries:


Warren Stella (Trustee)
  • Compensation: $0
  • Related: $164,091
  • Other: $120,734
Edward Driscoll (Trustee)
  • Compensation: $0
  • Related: $166,295
  • Other: $118,333
Michael Stiles (Trustee)
  • Compensation: $0
  • Related: $137,085
  • Other: $92,064
Chester Rozmus (Trustee)
  • Compensation: $0
  • Related: $44,391
  • Other: $32,791
Timothy Curran (Trustee)
  • Compensation: $0
  • Related: $12,729
  • Other: $9,369
Marty Drobny (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Armistead (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Durr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cost Of Living Fund Of Local 274?

Cost Of Living Fund Of Local 274's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cost Of Living Fund Of Local 274

The Cost of Living Fund of Local 274 is dedicated to providing cost of living benefits to eligible participants. This nonprofit organization's mission is centered around extending a crucial financial aid to individuals who meet the necessary criteria, aiming to assist them in managing their daily expenses. By offering these benefits, the Cost of Living Fund of Local 274 seeks to alleviate financial burdens and provide a degree of financial stability to its recipients.

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Impact




October, 2024

The Cost Of Living Fund Of Local 274 significantly impacts its participants by providing essential financial assistance that helps offset the rising costs of living. By offering cost of living benefits, the fund plays a crucial role in ensuring that eligible individuals can maintain their quality of life, manage daily expenses, and reduce financial stress. This support is particularly vital in a challenging economic climate, where inflation and increased living expenses can burden many families.

Located in Hopatcong, NJ, the fund serves as a mutual benefit resource that fosters community solidarity and assists its members in achieving greater financial stability. By alleviating some of these financial pressures, the Cost Of Living Fund Of Local 274 enhances the well-being of its participants, allowing them to focus on other important aspects of their lives without the constant worry of making ends meet. Ultimately, the fund contributes to a stronger, more resilient community.




This information is meant to be a general summary of Cost Of Living Fund Of Local 274. 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
$207,981 (2023)
Expenses
$201,678 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,216
  • Program Service Revenue: $206,765
  • Gross Receipts: $207,981

Assets and Liabilities:

  • Total Assets: $214,117
  • Total Liabilities: $1,397
  • Net Assets: $212,720

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Programs

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

Employer Contributions

Revenue

$206,765

Organization Details

Founding Year

2008

Principal Officer

Warren Stella

Main Address

36 HOPATCHUNG ROAD, HOPATCONG, NJ, 07843

NTEE Category

Code: Y44 - Mutual benefit

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