Iuec Local 20 Defense Fund Trust

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

EIN: 276420074 ✦ Louisville, KY ✦ Designated as a 501(c)(5)

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Overview

What is Iuec Local 20 Defense Fund Trust?

The Iuec Local 20 Defense Fund Trust is a union-affiliated entity, serving as a strike fund for its members. Its primary role is to offer support to union workers who engage in strikes, providing necessary aid during these periods. Notably, there were no strikes requiring its intervention in 2022. This trust fund is an essential resource for Iuec Local 20 members, ensuring they receive assistance during challenging times.

Is Iuec Local 20 Defense Fund Trust legitimate?

Iuec Local 20 Defense Fund Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Iuec Local 20 Defense Fund Trust submitted a form 990EZ, 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.

What is the mission statement of Iuec Local 20 Defense Fund Trust?

The Iuec Local 20 Defense Fund Trust is dedicated to serving as a union strike fund, offering support to members during periods of strike action. Acting as a safety net, the trust fund is intended to provide benefits to these individuals in need. Notably, there were no strikes requiring its services in 2022.

Who is the CEO of Iuec Local 20 Defense Fund Trust?

Vernon Soeder is the Treasurer of Iuec Local 20 Defense Fund Trust.

What is the revenue of Iuec Local 20 Defense Fund Trust?

Iuec Local 20 Defense Fund Trust's revenue in 2022 was $19,643.

Who are the executives of Iuec Local 20 Defense Fund Trust and what are their salaries?


Here are 2 key members and their salaries:


Vernon Soeder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Herth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Iuec Local 20 Defense Fund Trust?

Iuec Local 20 Defense Fund Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Iuec Local 20 Defense Fund Trust

The IUEC Local 20 Defense Fund Trust is a union-affiliated entity that serves a crucial role in supporting its members. Its primary mission is to function as a strike fund, offering benefits to union members who find themselves in a strike situation. During periods of industrial action, the trust fund can provide essential assistance to these members, helping them navigate through challenging times. Notably, in the year 2022, there were no recorded strikes, indicating a period of peace and stability for the union members.

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Impact




October, 2024

The IUEC Local 20 Defense Fund Trust plays a crucial role in supporting union members during strikes by providing essential financial assistance. This strike fund enables members to maintain some financial stability when they are unable to work due to labor disputes. By ensuring that they have access to benefits during these challenging times, the trust fosters solidarity among members and helps to uphold their collective bargaining power. Its existence is significant even in years without strikes, as it prepares the union for potential labor actions, reinforcing the commitment to workers' rights and fair labor practices. This readiness contributes to a stronger, more unified workforce in the building and construction industry in Louisville, KY.




This information is meant to be a general summary of Iuec Local 20 Defense Fund Trust. 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
$19,643 (2022)
Expenses
$13 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,899
  • Gross Receipts: $19,643

Assets and Liabilities:

  • Total Assets: $156,024
  • Total Liabilities: $0
  • Net Assets: $156,024

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Organization Details

Principal Officer

Vernon Soeder

Main Address

7711 BEULAH CHURCH ROAD, LOUISVILLE, KY, 40228

NTEE Category

Code: J40 - Employment

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