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Industry Promotional Fund Inc

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

EIN: 273338628 ✦ Old bridge, NJ ✦ Designated as a 501(c)(6)

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Overview

What is Industry Promotional Fund Inc?

Industry Promotional Fund Inc is a nonprofit organization situated in Old Bridge, New Jersey. Its primary role involves negotiating and finalizing collective bargaining agreements with diverse unions representing the employees of its member organizations. This organization serves as an intermediary, advocating for its members during negotiations. Furthermore, Industry Promotional Fund Inc disseminates relevant industry-related information to its members, keeping them informed about any potential legal developments that could impact their responsibilities and business operations. By doing so, the organization ensures its members are well-equipped to navigate industry changes effectively.

Is Industry Promotional Fund Inc legitimate?

Industry Promotional Fund Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Industry Promotional Fund Inc 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 Industry Promotional Fund Inc?

Industry Promotional Fund Inc's mission involves negotiating and establishing collective bargaining agreements with various unions on behalf of its member companies' employees. The organization serves to keep its members informed about industry developments and trends, disseminating relevant information to them. Furthermore, Industry Promotional Fund Inc stays updated on legal developments that could impact its members' responsibilities and business operations, and communicates these updates to its membership.

Who is the CEO of Industry Promotional Fund Inc?

Edmund Greco is the President of Industry Promotional Fund Inc.

What is the revenue of Industry Promotional Fund Inc?

Industry Promotional Fund Inc's revenue in 2023 was $58,553.

Who are the executives of Industry Promotional Fund Inc and what are their salaries?


Here are 2 key members and their salaries:


Edmund Greco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Casabona (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Industry Promotional Fund Inc?

Industry Promotional Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Industry Promotional Fund Inc

Industry Promotional Fund Inc, as an organization, is dedicated to negotiating and establishing Collective Bargaining Agreements with various unions. These unions represent the employees of the association's members. By doing so, the organization acts as an intermediary, advocating for the best interests of its members. Additionally, Industry Promotional Fund Inc serves to keep its members informed about developments and advancements within their respective industries. The association disseminates relevant information to its members, ensuring they stay updated on any legal developments that may impact their responsibilities and the conduct of their enterprises.

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Impact




October, 2024

Industry Promotional Fund Inc plays a crucial role in facilitating cooperative relationships between businesses and unions. By negotiating and entering into collective bargaining agreements, the organization ensures that the interests of both employers and employees are represented and protected, fostering a more stable work environment.

The organization's efforts to disseminate valuable industry information keep its members informed about relevant trends and legal developments, empowering them to navigate their responsibilities effectively. This proactive approach enhances the capacity of businesses to operate efficiently while adhering to legal standards and industry norms.

In Old Bridge, NJ, the Industry Promotional Fund Inc contributes to community improvement by promoting fair labor practices and supporting the workforce's welfare. By ensuring that members are well-informed and well-represented, the organization enhances the overall health of the local economy, which ultimately benefits the wider community.




This information is meant to be a general summary of Industry Promotional Fund Inc. 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
$58,553 (2023)
Expenses
$47,754 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,223
  • Program Service Revenue: $57,330
  • Gross Receipts: $58,553

Assets and Liabilities:

  • Total Assets: $295,574
  • Total Liabilities: $2,675
  • Net Assets: $292,899

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$57,330

Organization Details

Founding Year

2010

Principal Officer

Edmund Greco

Main Address

CO MIDHATTAN WW CORP-PO BOX 163, OLD BRIDGE, NJ, 08857

NTEE Category

Code: S41 - Community improvement

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