Painting Industry Funds Inc

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

EIN: 341840443 ✦ Strongsville, OH ✦ Designated as a 501(c)(5)

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Overview

What is Painting Industry Funds Inc?

Painting Industry Funds Inc, situated in Strongsville, Ohio, is a compact nonprofit organization with a staff of four individuals. Their primary focus lies in providing administrative services and functions to tax-exempt fringe benefit plans. This role entails managing and overseeing these plans, ensuring they operate efficiently and effectively. While the organization's primary mission is centered around administrative services, it remains an essential contributor to the functioning of these fringe benefit plans.

Is Painting Industry Funds Inc legitimate?

Painting Industry Funds Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Painting Industry Funds 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: $144,063

For more financial information, click here

What is the mission statement of Painting Industry Funds Inc?

Painting Industry Funds Inc's mission is centered around providing administrative services. More specifically, they focus on managing expenses for tax-exempt fringe benefit plans. Their role primarily involves rendering administrative functions and services to these plans, ensuring they run smoothly and effectively.

What is the revenue of Painting Industry Funds Inc?

Painting Industry Funds Inc's revenue in 2023 was $410,896.

Who are the executives of Painting Industry Funds Inc and what are their salaries?

The average compensation at Painting Industry Funds Inc during 2023 was $28,813. There are 5 employees at Painting Industry Funds Inc.

Here are 9 key members and their salaries:


Gary Brown (Chairman/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Sherwood (Secretary/Treasurer/Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Ferrante (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Black (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Bettac (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Smolik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Fortuna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Boszvai (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn D Kroeger (Administrator)
  • Compensation: $115,553
  • Related: $0
  • Other: $43,512
Where can I find the form 990 for Painting Industry Funds Inc?

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

Mission Statement of Painting Industry Funds Inc

Painting Industry Funds Inc, as a nonprofit organization, is dedicated to providing administrative services, specifically focusing on fringe benefit funds. Their mission is to cover the expenses associated with the administrative functions and services rendered to tax-exempt fringe benefit plans. In simpler terms, this organization serves to manage and finance the administrative tasks required by these plans, ensuring their smooth operation.

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Impact




October, 2024

Painting Industry Funds Inc plays a crucial role in providing administrative services for tax-exempt fringe benefit plans, directly impacting the efficiency and effectiveness of these programs. By managing the intricate details of administrative functions, the organization ensures that funds are allocated properly, allowing for streamlined operations that support various benefits.

Located in Strongsville, Ohio, Painting Industry Funds Inc focuses on enhancing the financial well-being of individuals involved in the painting industry. Their work fosters better management of fringe benefits, which can include health insurance, retirement plans, or other support systems. This not only bolsters the workforce's financial stability but also contributes to the overall sustainability of the painting industry.

In essence, Painting Industry Funds Inc enhances the stability and support structures essential for professionals in the arts, facilitating a thriving environment where workers can focus on their crafts with the assurance that their welfare needs are being met.




This information is meant to be a general summary of Painting Industry Funds 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
$410,896 (2023)
Expenses
$410,896 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $410,896
  • Gross Receipts: $410,896

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

ADMINISTRATIVE INCOME

Revenue

$410,896

Organization Details

Founding Year

1996

Principal Officer

Shawn Kroeger

NTEE Category

Code: A40 - Arts

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