Local 309 Vacation Trust Fund

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

EIN: 370799627 ✦ Collinsville, IL ✦ Designated as a 501(c)(9)

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Overview

What is Local 309 Vacation Trust Fund?

Local 309 Vacation Trust Fund is a nonprofit organization situated in Collinsville, Illinois. Its primary mission is to offer and manage vacation benefits for eligible union members. By providing these benefits, the fund aims to enhance the quality of life for its members, offering them well-deserved rest and relaxation. The Trust Fund's activities are centered around administering vacation benefits, ensuring that union members can take advantage of this valuable perk.

Is Local 309 Vacation Trust Fund legitimate?

Local 309 Vacation Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 309 Vacation 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 Local 309 Vacation Trust Fund?

The Local 309 Vacation Trust Fund's primary objective is to provide and oversee vacation benefits for eligible union members. This mission is carried out by administering vacation benefits to the eligible union members, ensuring they can enjoy well-deserved time off. The fund plays a crucial role in facilitating this benefit, enhancing the work-life balance of its union members. The trust fund's activities are centered around managing and distributing these vacation benefits to those who qualify, thereby contributing positively to their overall well-being.

Who is the CEO of Local 309 Vacation Trust Fund?

Matthew Eichholz is the Trustee of Local 309 Vacation Trust Fund.

What is the revenue of Local 309 Vacation Trust Fund?

Local 309 Vacation Trust Fund's revenue in 2023 was $2,028,072.

Who are the executives of Local 309 Vacation Trust Fund and what are their salaries?


Here are 6 key members and their salaries:


Chris Hankins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Busch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Eichholz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom O'Hara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Serbousek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stuart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 309 Vacation Trust Fund?

Local 309 Vacation Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Local 309 Vacation Trust Fund

Local 309 Vacation Trust Fund is committed to providing and administering vacation benefits for eligible union members. This nonprofit organization's mission is centered around ensuring that union members can enjoy well-deserved vacations, enhancing their overall quality of life. By providing vacation benefits, Local 309 Vacation Trust Fund plays a crucial role in recognizing the hard work and dedication of its union members. The organization's primary activity is to manage and distribute these vacation benefits, ensuring that they are available and accessible to eligible union members. In essence, Local 309 Vacation Trust Fund serves as a valuable resource for union members, making vacation time a reality for those who might not otherwise be able to afford it.

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Impact




October, 2024

The Local 309 Vacation Trust Fund plays a crucial role in enhancing the quality of life for eligible union members by providing and administering vacation benefits. This support allows members to take much-needed time off, ensuring they can recharge and maintain a healthy work-life balance. By offering these benefits, the Fund contributes to the overall well-being of union members and their families, promoting job satisfaction and a positive work environment.

Located in Collinsville, IL, the Fund is dedicated to meeting the specific needs of its members, reinforcing the importance of time away from work for relaxation and personal growth. With its focus on mutual benefit, the Trust Fund strengthens solidarity within the union and supports its members in achieving a well-rounded lifestyle.




This information is meant to be a general summary of Local 309 Vacation 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
$2,028,072 (2023)
2011201220132014201520162017201820192020202120222023$0$550k$1.1M$1.65M$2.2M
Expenses
$1,841,189 (2023)
2011201220132014201520162017201820192020202120222023$0$550k$1.1M$1.65M$2.2M
Efficiency
20112012201320142015201620172018201920202021202220230%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $20,646
  • Program Service Revenue: $1,995,195
  • Gross Receipts: $2,028,072

Assets and Liabilities:

  • Total Assets: $2,236,211
  • Total Liabilities: $11,905
  • Net Assets: $2,224,306

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$1,995,195

Organization Details

Founding Year

1964

Principal Officer

Matthew Eichholz

Main Address

2000A MALL STREET STE A, COLLINSVILLE, IL, 62234

NTEE Category

Code: Y40 - Mutual benefit

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