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Local 580 Labor Management Promotion

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

EIN: 364636298 ✦ New york, NY ✦ Designated as a 501(c)(5)

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Overview

What is Local 580 Labor Management Promotion?

Local 580 Labor Management Promotion is a nonprofit organization situated in New York City, specifically at 501 West 42nd Street, New York, NY 10036. Their primary mission is to support and advocate for the architectural, ornamental, and miscellaneous metal work industry in the greater New York area. To achieve this goal, they have established a job targeting program and monitor public works projects to ensure compliance with prevailing wage requirements. This initiative aims to advance the interests of those engaged in this industry.

Is Local 580 Labor Management Promotion legitimate?

Local 580 Labor Management Promotion is a legitimate nonprofit organization registered as a 501(c)(5) entity. Local 580 Labor Management Promotion 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: $92,025

For more financial information, click here

What is the mission statement of Local 580 Labor Management Promotion?

The mission of Local 580 Labor Management Promotion is geared towards advancing the interests of the architectural, ornamental, and miscellaneous metal work industry. This organization aims to support those engaged in this field, working towards its growth and development in a specific area, such as the greater New York area. One of their key objectives is to establish a job targeting program, which is designed to create opportunities within the industry. Additionally, they monitor and track public works projects to ensure compliance with prevailing wage requirements, thereby promoting fair labor practices within the metal work industry.

Who is the CEO of Local 580 Labor Management Promotion?

Brendan Tormey is the Union Trustee of Local 580 Labor Management Promotion.

What is the revenue of Local 580 Labor Management Promotion?

Local 580 Labor Management Promotion's revenue in 2022 was $350,698.

Who are the executives of Local 580 Labor Management Promotion and what are their salaries?


Here are 11 key members and their salaries:


Peter Myers (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Milton (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cumberland (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Nolan (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mckeon (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Maffei - Eff 122 (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Carriero (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey A Heffner (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Ment (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Rubenstein (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Tormey (Fund Administrator)
  • Compensation: $0
  • Related: $171,159
  • Other: $120,323
Where can I find the form 990 for Local 580 Labor Management Promotion?

Local 580 Labor Management Promotion's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 580 Labor Management Promotion

Local 580 Labor Management Promotion, as an organization, is committed to advancing the interests of individuals engaged in the architectural, ornamental, and miscellaneous metal work industry within the greater New York area. Their mission, in essence, is to act as a champion for this specific sector, ensuring its growth and prosperity. To accomplish this, Local 580 Labor Management Promotion has set forth a goal to establish a job targeting program, aimed at creating opportunities within the industry. Furthermore, they monitor and track public works projects to ensure compliance with prevailing wage requirements, ensuring fair and equitable compensation for workers in the field.

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Impact




October, 2024

Local 580 Labor Management Promotion significantly impacts the architectural, ornamental, and miscellaneous metal work industry in the greater New York area by advocating for the interests of workers and employers in this sector. Its efforts in establishing a job targeting program help identify and facilitate employment opportunities within public works projects, ensuring that qualified individuals have access to the necessary jobs.

Additionally, the organization closely monitors these public works projects to ensure compliance with prevailing wage requirements. By doing so, it safeguards workers' rights and promotes fair compensation, which helps elevate industry standards and encourages a more equitable workplace. The commitment to advancing both employment prospects and compliance contributes to a healthier industry landscape, benefiting not only the workers but also the overall community and economy in New York. Through these initiatives, Local 580 plays a crucial role in fostering a sustainable environment for the metal work sector.




This information is meant to be a general summary of Local 580 Labor Management Promotion. 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
$350,698 (2022)
Expenses
$201,300 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,960
  • Program Service Revenue: $333,607
  • Gross Receipts: $2,842,912

Assets and Liabilities:

  • Total Assets: $4,059,500
  • Total Liabilities: $11,041
  • Net Assets: $4,048,459

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$333,607

Organization Details

Founding Year

2009

Principal Officer

Brendan Tormey

Main Address

501 WEST 42ND STREET, NEW YORK, NY, 10036

NTEE Category

Code: J40 - Employment

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