Overview
What is Local 374 Development And Training Fund?
Local 374 Development and Training Fund is a labor union situated in Hobart, Indiana. Established with the primary objective of development and training, this organization is committed to advancing the skills and knowledge of its members. The union's mission focuses on providing opportunities for growth and enhancement, thereby contributing to the betterment of its community.
Is Local 374 Development And Training Fund legitimate?
Local 374 Development And Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local 374 Development And Training Fund 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: $244,131
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What is the mission statement of Local 374 Development And Training Fund?
The Local 374 Development and Training Fund, being a labor union, has a mission centered around development and training. This mission is geared towards fostering personal and professional growth through various training programs. The primary objective of this fund is to equip individuals with the necessary skills and knowledge to enhance their capabilities and contribute positively to their respective fields. The fund may also provide resources and support to facilitate this process, ultimately aiming to empower its members and the community at large.
Who is the CEO of Local 374 Development And Training Fund?
Ismael Sulivan is the Trustee of Local 374 Development And Training Fund.
What is the revenue of Local 374 Development And Training Fund?
Local 374 Development And Training Fund's revenue in 2022 was $1,336,193.
Who are the executives of Local 374 Development And Training Fund and what are their salaries?
The average compensation at Local 374 Development And Training Fund during 2022 was $122,066. There are 2 employees at Local 374 Development And Training Fund.
Here are 7 key members and their salaries:
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- Compensation: $125,883
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- Other: $72,291
Where can I find the form 990 for Local 374 Development And Training Fund?
Local 374 Development And Training Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 374 Development And Training Fund
Local 374 Development and Training Fund, as a labor union, is committed to its Development and Training Fund mission. This mission focuses on providing opportunities for growth and improvement within the union's community. By prioritizing development and training, Local 374 aims to equip its members with the necessary skills and knowledge to excel in their respective fields. The fund serves as a catalyst for personal and professional advancement, fostering an environment where members can thrive and contribute positively to the union and beyond.
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Impact
October, 2024
Local 374 Development and Training Fund plays a crucial role in enhancing employment opportunities and skill development for its members in Hobart, IN. By focusing on training and development, the fund equips individuals with the necessary skills to thrive in their respective industries. This commitment not only fosters personal growth but also contributes to a more skilled workforce, which can lead to increased economic stability for the community.
The fund’s initiatives help to elevate the standards of training in the labor sector, ensuring that workers are well-prepared to meet the demands of the job market. This investment in human capital benefits both employees and employers, as a well-trained workforce can lead to higher productivity and efficiency. Overall, Local 374 Development and Training Fund significantly impacts the local economy by empowering individuals and enhancing their employability.
This information is meant to be a general summary of Local 374 Development And Training Fund. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,023
- Program Service Revenue: $1,241,818
- Gross Receipts: $1,336,193
Assets and Liabilities:
- Total Assets: $1,330,061
- Total Liabilities: $77,158
- Net Assets: $1,252,903
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$779,151
VOCATIONAL TECH COLLEG
Revenue
$238,742
TRAINING REIMBURSEMENT
Revenue
$161,790
IVY TECH SUBSIDIES
Revenue
$62,135
Organization Details
Founding Year
1988
Phone
(219) 844-1000Principal Officer
Ismael Sulivan
Main Address
760 NORTH UNION STREET, HOBART, IN, 46342
NTEE Category
Code: J40 - Employment
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