Smart Local 265 Labor Management Cooperative Committee Trust Fund

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

EIN: 364146794 ✦ Carol stream, IL ✦ Designated as a 501(c)(5)

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Overview

What is Smart Local 265 Labor Management Cooperative Committee Trust Fund?

The Smart Local 265 Labor Management Cooperative Committee Trust Fund is a collaborative entity established in Carol Stream, Illinois. Its primary objective is to serve as a bridge between employers and Smart Local 265, fostering a harmonious relationship on projects of mutual interest. This nonprofit organization aims to assist workers and employers in resolving shared concerns, enhance employment opportunities, expand the construction industry market, improve communication between labor and management, and provide chances for joint problem-solving approaches. Additionally, it offers scholarships for the educational betterment of employees and their families.

Is Smart Local 265 Labor Management Cooperative Committee Trust Fund legitimate?

Smart Local 265 Labor Management Cooperative Committee Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Smart Local 265 Labor Management Cooperative Committee Trust 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: $0

For more financial information, click here

What is the mission statement of Smart Local 265 Labor Management Cooperative Committee Trust Fund?

The Smart Local 265 Labor Management Cooperative Committee Trust Fund's mission is centered around helping workers and employers address mutual concerns, enhance employment prospects for employees, expand the construction industry market, foster better communication between labor and management, and offer opportunities for joint problem-solving approaches. Additionally, they provide scholarships for employees and their families to pursue higher education at various institutions. The primary goal is to improve the working environment and prospects for both laborers and employers within the construction industry.

Who is the CEO of Smart Local 265 Labor Management Cooperative Committee Trust Fund?

John Daniel is the Trustee of Smart Local 265 Labor Management Cooperative Committee Trust Fund.

What is the revenue of Smart Local 265 Labor Management Cooperative Committee Trust Fund?

Smart Local 265 Labor Management Cooperative Committee Trust Fund's revenue in 2022 was $2,172,935.

Who are the executives of Smart Local 265 Labor Management Cooperative Committee Trust Fund and what are their salaries?


Here are 9 key members and their salaries:


John Hopp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Wiesbrook (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ric Dahlman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Artlip (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Shaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mcsherry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Daniel (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Baier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Galass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Smart Local 265 Labor Management Cooperative Committee Trust Fund?

Smart Local 265 Labor Management Cooperative Committee Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Smart Local 265 Labor Management Cooperative Committee Trust Fund

Smart Local 265 Labor Management Cooperative Committee Trust Fund is dedicated to assisting workers and employers in resolving mutual concerns, enhancing employment opportunities for employees, expanding the construction industry's market, improving communication between labor and management, and providing opportunities for workers and employers to explore joint approaches to organization and effectiveness. Furthermore, the Trust Fund offers scholarships for the benefit of employees and their families to pursue their education at various institutions. By engaging in these activities, Smart Local 265 Labor Management Cooperative Committee Trust Fund aims to contribute positively to the construction industry and the lives of its workers and their families.

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Impact




October, 2024

The Smart Local 265 Labor Management Cooperative Committee Trust Fund plays a vital role in fostering collaboration between workers and employers within the construction industry. By addressing shared challenges, it enhances employment opportunities for workers while simultaneously expanding the market landscape for construction businesses.

The Trust Fund improves communication between labor and management, thereby creating a more cohesive working environment. Through joint initiatives, both parties are encouraged to explore innovative approaches to enhance organizational effectiveness. Additionally, the Trust Fund offers scholarships to support employees and their families in pursuing educational opportunities, ultimately contributing to workforce development and skill enhancement.

Overall, the Trust Fund's proactive approach in aligning the interests of workers and employers not only strengthens workforce relations but also drives growth and sustainability in the construction sector.




This information is meant to be a general summary of Smart Local 265 Labor Management Cooperative Committee Trust 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.

Revenue
$2,172,935 (2022)
Expenses
$1,788,527 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,911
  • Program Service Revenue: $2,170,024
  • Gross Receipts: $2,172,935

Assets and Liabilities:

  • Total Assets: $3,304,572
  • Total Liabilities: $108,074
  • Net Assets: $3,196,498

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,998,866

ADMINISTRATION FEE INC

Revenue

$137,900

CONTRACTOR BOND PREMIU

Revenue

$33,258

Organization Details

Founding Year

1997

Principal Officer

John Daniel

Main Address

205 ALEXANDRA WAY, CAROL STREAM, IL, 60188

NTEE Category

Code: J40 - Employment

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