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Labor-Mgmt Cooperation Cmmttee Of E Ill

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

EIN: 363746549 ✦ Joliet, IL ✦ Designated as a 501(c)(6)

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Overview

What is Labor-Mgmt Cooperation Cmmttee Of E Ill?

The Labor-Mgmt Cooperation Cmmttee Of E Ill is a self-funded nonprofit organization based in Joliet, Illinois. Established with the primary objective of enhancing labor-management communication, it encourages worker involvement in decision-making processes. The committee also promotes union construction by raising public awareness and providing education. Additionally, they have established a bonding program to safeguard the wages and benefits of members of IBEW Local 176. This initiative aims to foster a cooperative environment between labor and management, ultimately benefiting the construction industry in the region.

Is Labor-Mgmt Cooperation Cmmttee Of E Ill legitimate?

Labor-Mgmt Cooperation Cmmttee Of E Ill is a legitimate nonprofit organization registered as a 501(c)(6) entity. Labor-Mgmt Cooperation Cmmttee Of E Ill 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 Labor-Mgmt Cooperation Cmmttee Of E Ill?

The Labor-Mgmt Cooperation Committee of E Ill, in its mission, focuses on fostering and enhancing communication between labor and management. The committee also works towards promoting union construction through public awareness and education. This initiative aims to encourage worker involvement in decision-making processes and supports the Three Rivers Construction Alliance. Additionally, the committee established a self-funded bonding program to safeguard the wages and fringe benefits of members affiliated with IBEW Local 176.

Who is the CEO of Labor-Mgmt Cooperation Cmmttee Of E Ill?

Nick Olsen is the Principal Officer of Labor-Mgmt Cooperation Cmmttee Of E Ill.

What is the revenue of Labor-Mgmt Cooperation Cmmttee Of E Ill?

Labor-Mgmt Cooperation Cmmttee Of E Ill's revenue in 2022 was $355,462.

Who are the executives of Labor-Mgmt Cooperation Cmmttee Of E Ill and what are their salaries?


Here are 7 key members and their salaries:


Nick Olson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Dworschak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Clemmons (Director - Former)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Clennon (Director - Former)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Lockhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Outsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Rico (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Labor-Mgmt Cooperation Cmmttee Of E Ill?

Labor-Mgmt Cooperation Cmmttee Of E Ill's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Labor-Mgmt Cooperation Cmmttee Of E Ill

The Labor-Mgmt Cooperation Committee of E Ill, in its mission, strives to enhance and strengthen the dialogue between labor and management. The committee aims to do this by promoting understanding and collaboration between the two parties, fostering a conducive environment for union construction. One of the ways they achieve this is through public awareness and education campaigns. Furthermore, the committee has established a self-funded bonding program to safeguard the wages and fringe benefits of members associated with IBEW Local 176. This program serves as a protective measure, ensuring that the hard-earned benefits of these workers are preserved. In essence, the Labor-Mgmt Cooperation Committee of E Ill seeks to improve communication between labor and management, boost worker involvement in decision-making processes, and promote union construction, all through public awareness, education, and protective measures.

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Impact




October, 2024

The Labor-Mgmt Cooperation Committee of E Illinois plays a crucial role in enhancing communication between labor and management, leading to a more collaborative work environment. By fostering dialogue, the committee helps address concerns and resolve conflicts, which can significantly improve workplace morale and productivity.

Through initiatives that encourage worker involvement in decision-making, the committee empowers employees, making them feel valued and heard. This not only promotes a sense of ownership among workers but also aligns their interests with that of management, leading to better outcomes for all parties involved.

The committee also promotes union construction by raising public awareness and providing education about the benefits of union labor. By highlighting the value of skilled union workers, the organization helps to enhance the reputation of union construction in the community, fostering a stronger labor market.

Additionally, the self-funded bonding program established by the committee safeguards the wages and fringe benefits of IBEW Local 176 members, providing financial security to workers and reinforcing their rights within the workplace. Overall, the committee's efforts contribute to a more harmonious and effective labor-management relationship, benefiting not only the workers and their unions but also the overall economy in the region.




This information is meant to be a general summary of Labor-Mgmt Cooperation Cmmttee Of E Ill. 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
$355,462 (2022)
Expenses
$155,850 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,500
  • Program Service Revenue: $318,203
  • Gross Receipts: $355,462

Assets and Liabilities:

  • Total Assets: $2,708,904
  • Total Liabilities: $7,626
  • Net Assets: $2,701,278

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Programs

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

CONTRACTOR CONTRIBUTIO

Revenue

$283,953

CONTRACTOR BOND PREMIU

Revenue

$34,250

Organization Details

Founding Year

1990

Principal Officer

Nick Olsen

Main Address

1308 HOUBOLT ROAD, JOLIET, IL, 60431

NTEE Category

Code: J40Z - Employment

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