Iron Workers Regional Shop Local Union No 851

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

EIN: 320511014 ✦ Wayne, MI ✦ Designated as a 501(c)(5)

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Overview

What is Iron Workers Regional Shop Local Union No 851?

Iron Workers Regional Shop Local Union No 851 is a nonprofit organization situated in Wayne, Michigan. This union's primary focus is to advocate for and represent its members, ensuring their rights and interests are safeguarded. Additionally, the union provides various benefits to its members. As a local trade union, it plays a significant role in the community, fostering a sense of unity and support among its members. Iron Workers Regional Shop Local Union No 851 contributes positively to the lives of its members and the wider community, promoting a fair and equitable work environment.

Is Iron Workers Regional Shop Local Union No 851 legitimate?

Iron Workers Regional Shop Local Union No 851 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Iron Workers Regional Shop Local Union No 851 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: $133,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,582

For more financial information, click here

What is the mission statement of Iron Workers Regional Shop Local Union No 851?

Iron Workers Regional Shop Local Union No 851 serves as an advocate and representation for its union members. The primary mission of this organization is to safeguard and promote the interests of its members. Beyond advocacy, the union also extends benefits to its members. While the specifics of these benefits aren't provided, it's implied that they aim to enhance the well-being and working conditions of their union members. The union is not specified to be located at any particular place in the provided data.

Who is the CEO of Iron Workers Regional Shop Local Union No 851?

Michael D Baumann is the Pres, Fin Se of Iron Workers Regional Shop Local Union No 851.

What is the revenue of Iron Workers Regional Shop Local Union No 851?

Iron Workers Regional Shop Local Union No 851's revenue in 2023 was $1,178,780.

Who are the executives of Iron Workers Regional Shop Local Union No 851 and what are their salaries?

The average compensation at Iron Workers Regional Shop Local Union No 851 during 2023 was $45,760. There are 6 employees at Iron Workers Regional Shop Local Union No 851.


Here are 2 key members and their salaries:


Michael D Baumann (Pres, Fin Se)
  • Compensation: $77,546
  • Related: $0
  • Other: $0
Jeane Chaffin (Vice Preside)
  • Compensation: $56,432
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iron Workers Regional Shop Local Union No 851?

Iron Workers Regional Shop Local Union No 851's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Iron Workers Regional Shop Local Union No 851

Iron Workers Regional Shop Local Union No 851 is a dedicated organization that champions the cause of its union members. Its primary mission is to advocate for and represent the interests of its members, ensuring their rights and well-being are protected. Beyond this, the union also extends beneficial provisions to its members. This mission is a testament to Iron Workers Regional Shop Local Union No 851's commitment to standing by and supporting its union workforce.

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Impact




October, 2024

Iron Workers Regional Shop Local Union No 851 plays a significant role in advocating for the rights and interests of its members within the ironworking trade. Located in Wayne, MI, the union represents workers in negotiations with employers, ensuring fair wages, safe working conditions, and comprehensive benefits. By providing these essential services, the union strengthens the workforce's bargaining power, fostering a more equitable work environment.

The impact of Local Union No 851 extends beyond individual members; it contributes to the overall stability and growth of the local economy. By supporting skilled labor in the ironworking sector, the union helps maintain high industry standards, which can lead to increased job opportunities and economic development in the area. Moreover, by advocating for training and apprenticeship programs, the union ensures that the workforce remains highly skilled and competitive.

Additionally, Local Union No 851 plays a crucial role in building community among its members through networking and solidarity, creating a supportive environment that enhances the quality of life for workers in the industry. Through these efforts, Iron Workers Regional Shop Local Union No 851 significantly impacts both its members and the broader community in Wayne, MI.




This information is meant to be a general summary of Iron Workers Regional Shop Local Union No 851. 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
$1,178,780 (2023)
Expenses
$1,123,243 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $29,869
  • Program Service Revenue: $1,019,264
  • Gross Receipts: $1,187,447

Assets and Liabilities:

  • Total Assets: $1,640,114
  • Total Liabilities: $2,070
  • Net Assets: $1,638,044

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Programs

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

MEMBERSHIP DUES

Revenue

$1,019,264

Organization Details

Founding Year

2017

Principal Officer

Michael D Baumann

Main Address

36046 W MICHIGAN AVE, WAYNE, MI, 48184

NTEE Category

Code: Z99 - Unknown

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