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Marba Industry Advancement Fund

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

EIN: 367255576 ✦ Lansing, MI ✦ Designated as a 501(c)(6)

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Overview

What is Marba Industry Advancement Fund?

The Marba Industry Advancement Fund is a nonprofit organization situated in Lansing, Michigan. Its primary objective is to foster and elevate the construction industry within the Mid-America Regional Bargaining Association. This is achieved through various means, including collecting contributions from various trades and distributing these funds to eight associated organizations annually. The mission of the Marba Industry Advancement Fund primarily aims to advance and promote the construction industry within its regional bargaining association.

Is Marba Industry Advancement Fund legitimate?

Marba Industry Advancement Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Marba Industry Advancement 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 Marba Industry Advancement Fund?

The Marba Industry Advancement Fund is dedicated to promoting and advancing the construction industry within the Mid-America Regional Bargaining Association. Its mission is to foster the interests of construction industry management, encouraging expansion and enhancement of the sector. The fund plays a significant role in negotiating, administrating, and applying the Marba Collective Bargaining Agreements. At the end of each year, it receives contributions from various trades and distributes these funds to eight associated organizations.

What is the revenue of Marba Industry Advancement Fund?

Marba Industry Advancement Fund's revenue in 2023 was $2,158,446.

Who are the executives of Marba Industry Advancement Fund and what are their salaries?

Here are 7 key members and their salaries:


Kathleen Kapovich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Vignocchi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Gudeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Eckardt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Grove (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nora A Degnan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marba Industry Advancement Fund?

Marba Industry Advancement Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Marba Industry Advancement Fund

The Marba Industry Advancement Fund is committed to advancing and promoting the construction industry within the Mid-America Regional Bargaining Association. In pursuit of this mission, the fund works to enhance and expand the industry by negotiating, administering, and applying the Marba Collective Bargaining Agreements. The organization receives contributions from various trades, which are then distributed to eight associations at the end of each year. By doing so, the Marba Industry Advancement Fund plays a significant role in supporting the growth and development of the construction industry within the Mid-America Regional Bargaining Association.

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Impact




October, 2024

The Marba Industry Advancement Fund significantly impacts the construction industry by promoting the interests of industry management and enhancing regional collaboration. By facilitating the negotiation and administration of collective bargaining agreements, the Fund ensures that construction associations can effectively navigate labor relations, fostering a more resilient and cooperative work environment.

Through the contributions it receives from various trades, the Fund allocates financial resources to eight key associations, enabling them to develop initiatives that drive industry growth, workforce training, and community improvement. This strategic funding supports the expansion and enhancement of the construction sector, ensuring that stakeholders are aligned in their goals and equipped to tackle emerging challenges.

Ultimately, the Marba Industry Advancement Fund plays a crucial role in strengthening the construction industry's infrastructure in the Mid-America Regional Bargaining Association, aiding in the sustainable development of the community and improving overall industry standards.




This information is meant to be a general summary of Marba Industry Advancement 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
$2,158,446 (2023)
Expenses
$2,236,935 (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: $2,150,946
  • Gross Receipts: $2,158,446

Assets and Liabilities:

  • Total Assets: $626,563
  • Total Liabilities: $443,068
  • Net Assets: $183,495

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Programs

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

CONTRIBUTIONS

Revenue

$2,150,946

Organization Details

Founding Year

1998

Principal Officer

Nora A Degnan

NTEE Category

Code: S41 - Community improvement

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