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Iatse Local 8 Training Fund

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

EIN: 271612216 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Iatse Local 8 Training Fund?

The IATSE Local 8 Training Fund is a Philadelphia-based nonprofit organization, established through collective bargaining agreements between the organization and its employers. This training association is primarily funded through employer contributions. Its mission is centered around providing educational opportunities, aiming to enhance the skills and abilities of its members in the field. The association operates as a means to foster professional growth and development within the industry, ultimately benefiting both the organization and its employees.

Is Iatse Local 8 Training Fund legitimate?

Iatse Local 8 Training Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iatse Local 8 Training 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: $104,954

For more financial information, click here

What is the mission statement of Iatse Local 8 Training Fund?

The IATSE Local 8 Training Fund serves as a philanthropic organization, primarily funded through employer contributions as stipulated in collective bargaining agreements. Its mission is centered around providing comprehensive training opportunities. The goal is to enhance the skills and knowledge of its members, thereby fostering professional growth and development within the industry. The Training Fund does not specify a particular location in its mission statement.

Who is the CEO of Iatse Local 8 Training Fund?

Michael Barnes is the Trustee of Iatse Local 8 Training Fund.

What is the revenue of Iatse Local 8 Training Fund?

Iatse Local 8 Training Fund's revenue in 2022 was $389,216.

Who are the executives of Iatse Local 8 Training Fund and what are their salaries?

The average compensation at Iatse Local 8 Training Fund during 2022 was $13,119. There are 8 employees at Iatse Local 8 Training Fund.


Here are 6 key members and their salaries:


Michael Barnes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Amadie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Grasso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stevenson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Thiele (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gentile (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iatse Local 8 Training Fund?

Iatse Local 8 Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iatse Local 8 Training Fund

IATSE Local 8 Training Fund is a philanthropic organization that focuses on education and skill development. Funded through employer contributions as per a collectively bargained agreement, this association serves as a dedicated resource for ongoing training in its field. The mission of IATSE Local 8 Training Fund is to provide its members with the necessary tools to excel in their respective professions, continually advancing their skills and staying updated with industry trends. By fostering a culture of continuous learning, this training association aims to empower its members, enhancing their professional growth and overall contribution to their respective industries.

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Impact




October, 2024

The IATSE Local 8 Training Fund plays a crucial role in enhancing the skills and knowledge of workers in the entertainment industry. Based in Philadelphia, this training association is supported by employer contributions as part of a collectively bargained agreement, ensuring that workers receive high-quality education and training opportunities.

By providing targeted training programs, the Fund empowers individuals with the latest techniques and practices necessary for success in various technical roles within the industry. This not only enhances individual careers but also contributes to the overall professionalism and competitiveness of the local entertainment workforce.

Through its initiatives, the IATSE Local 8 Training Fund fosters a culture of continuous learning and improvement, enabling workers to stay current with industry standards and technological advancements. This commitment to education ultimately benefits employers by ensuring a highly skilled and adaptable labor pool, which is essential for meeting the demands of a rapidly evolving industry.




This information is meant to be a general summary of Iatse Local 8 Training 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
$389,216 (2022)
Expenses
$227,769 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $389,216
  • Gross Receipts: $389,216

Assets and Liabilities:

  • Total Assets: $250,808
  • Total Liabilities: $5,000
  • Net Assets: $245,808

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Programs

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

Employer Contributions

Revenue

$389,216

Organization Details

Founding Year

2011

Principal Officer

Michael Barnes

Main Address

2401 Swanson Street, Philadelphia, PA, 19148

NTEE Category

Code: B99 - Education

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