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Laborers Industry Stabilization Trust Fund For Northern California

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

EIN: 320182181 ✦ Pleasanton, CA ✦ Designated as a 501(c)(5)

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Overview

What is Laborers Industry Stabilization Trust Fund For Northern California?

The Laborers Industry Stabilization Trust Fund for Northern California is a nonprofit organization situated in Pleasanton, California. Its primary function is to act as a labor-management cooperation committee, aiming to enhance labor-management relationships, ensure job security, and promote economic development within the industry. The trust fund provides funding to the Foundation for Fair Contracting to achieve these objectives. The organization's mission is to foster a collaborative environment, improve labor-management relationships, and contribute to the overall economic growth of the area and industry.

Is Laborers Industry Stabilization Trust Fund For Northern California legitimate?

Laborers Industry Stabilization Trust Fund For Northern California is a legitimate nonprofit organization registered as a 501(c)(5) entity. Laborers Industry Stabilization Trust Fund For Northern California 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 Laborers Industry Stabilization Trust Fund For Northern California?

The Laborers Industry Stabilization Trust Fund for Northern California serves as a platform for fostering better labor-management relationships. Its mission is to enhance job security and stimulate economic development within the industry. Acting as a cooperation committee, it focuses on improving labor-management relations, competitiveness, productivity, organizational effectiveness, and economic development. Furthermore, the trust fund provides financial aid to the Foundation for Fair Contracting.

Who is the CEO of Laborers Industry Stabilization Trust Fund For Northern California?

Oscar De La Torre is the Trustee of Laborers Industry Stabilization Trust Fund For Northern California.

What is the revenue of Laborers Industry Stabilization Trust Fund For Northern California?

Laborers Industry Stabilization Trust Fund For Northern California's revenue in 2022 was $6,056,673.

Who are the executives of Laborers Industry Stabilization Trust Fund For Northern California and what are their salaries?


Here are 4 key members and their salaries:


Oscar De La Torre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Koponen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gorgas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Troup (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laborers Industry Stabilization Trust Fund For Northern California?

Laborers Industry Stabilization Trust Fund For Northern California's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laborers Industry Stabilization Trust Fund For Northern California

The Laborers Industry Stabilization Trust Fund for Northern California serves as a platform for fostering cooperative relationships between labor and management, aiming to enhance job security and stimulate economic development. Acting as a labor-management cooperation committee, this organization strives to improve various aspects of the industry, including labor-management relations, competitiveness, productivity, organizational effectiveness, and overall economic growth. Furthermore, the Trust Fund provides financial support to the Foundation for Fair Contracting, contributing to the betterment of the construction industry in Northern California.

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Impact




October, 2024

The Laborers Industry Stabilization Trust Fund for Northern California significantly enhances labor-management relationships, contributing to job security and economic development within the region. By acting as an area and industry-wide labor-management cooperation committee, it fosters collaboration between labor and management, leading to improved competitiveness and productivity.

The Trust Fund plays a vital role in promoting organizational effectiveness, ensuring that both workers and employers can thrive in a competitive environment. Through its initiatives, it supports the Foundation for Fair Contracting, which aims to uphold fair labor practices and protect job standards. By prioritizing communication and cooperation, the Trust Fund ultimately supports a stable workforce that benefits the broader economy in Northern California.




This information is meant to be a general summary of Laborers Industry Stabilization Trust Fund For Northern California. 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
$6,056,673 (2022)
Expenses
$6,056,673 (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: $6,056,673
  • Gross Receipts: $6,056,673

Assets and Liabilities:

  • Total Assets: $1,048,839
  • Total Liabilities: $1,048,839
  • Net Assets: $0

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$6,030,484

LIQUIDATED DAMAGES

Revenue

$26,189

Organization Details

Founding Year

2006

Principal Officer

Oscar De La Torre

Main Address

5672 Stoneridge Drive Suite 100, Pleasanton, CA, 94588

NTEE Category

Code: J40 - Employment

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