Detroit Federation Of Musicians Local 5

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

EIN: 380478790 ✦ Southfield, MI ✦ Designated as a 501(c)(5)

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Overview

What is Detroit Federation Of Musicians Local 5?

Detroit Federation of Musicians Local 5 is a labor union, headquartered at 20833 Southfield Road, Southfield, MI 48075. With approximately 750 members, their primary objective is to unite musicians in Detroit and its surrounding areas. They maintain a minimum price structure for their services and ensure that contracts are properly enforced. The union's mission is to advance the individual and collective interests of musicians, promoting a sense of fraternity among its members. In addition, they serve around 5 employees to accomplish their objectives.


Official website here: www.detroitmusicians.net

Is Detroit Federation Of Musicians Local 5 legitimate?

Detroit Federation Of Musicians Local 5 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Detroit Federation Of Musicians Local 5 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: $161,029
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,306

For more financial information, click here


Official website here: www.detroitmusicians.net

What is the mission statement of Detroit Federation Of Musicians Local 5?

The Detroit Federation of Musicians Local 5, as a labor union, aims to unite musicians in the local area and its vicinity. One of its primary objectives is to maintain minimum prices for the musical services provided by its members. Additionally, it enforces contracts signed by its members to ensure fair treatment and adherence to agreed-upon terms. The union also works towards advancing the individual and collective interests of its musicians, fostering a sense of camaraderie among its members. Throughout the year, approximately 750 musicians are served by the union, benefiting from its efforts to promote a fraternal atmosphere and protect their professional interests.


Official website here: www.detroitmusicians.net

Who is the CEO of Detroit Federation Of Musicians Local 5?

George Troia Jr is the President of Detroit Federation Of Musicians Local 5.


Official website here: www.detroitmusicians.net

What is the revenue of Detroit Federation Of Musicians Local 5?

Detroit Federation Of Musicians Local 5's revenue in 2023 was $473,846.


Official website here: www.detroitmusicians.net

Who are the executives of Detroit Federation Of Musicians Local 5 and what are their salaries?

The average compensation at Detroit Federation Of Musicians Local 5 during 2023 was $40,867. There are 5 employees at Detroit Federation Of Musicians Local 5.


Here are 8 key members and their salaries:


George Troia (President)
  • Compensation: $74,796
  • Related: $0
  • Other: $0
Michael Mcgowan (Vice President)
  • Compensation: $5,309
  • Related: $0
  • Other: $0
Carl Cafagna (Secretary-Treasurer)
  • Compensation: $70,973
  • Related: $0
  • Other: $0
Alan Ayoub (Director)
  • Compensation: $1,089
  • Related: $0
  • Other: $0
Ralph Armstrong (Director)
  • Compensation: $1,452
  • Related: $0
  • Other: $0
Nancy Chaklos (Director)
  • Compensation: $1,331
  • Related: $0
  • Other: $0
Lynn Marie Mangan (Director)
  • Compensation: $1,310
  • Related: $0
  • Other: $0
Douglas Cornelsen (Director)
  • Compensation: $1,331
  • Related: $0
  • Other: $0


Official website here: www.detroitmusicians.net

Where can I find the form 990 for Detroit Federation Of Musicians Local 5?

Detroit Federation Of Musicians Local 5's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.detroitmusicians.net

Learn more at the official website: www.detroitmusicians.net

Mission Statement of Detroit Federation Of Musicians Local 5

Detroit Federation of Musicians Local 5, as a labor union, is dedicated to uniting musicians in Detroit and its surrounding areas. Its primary objective is to ensure a minimum wage for these musicians, safeguard properly filed contracts, and advocate for the individual and collective interests of its members. By doing so, the union strives to foster a sense of camaraderie among its members, promoting a fraternal atmosphere. During the year, approximately 750 musicians were served by the union.

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Impact




October, 2024

The Detroit Federation of Musicians Local 5 plays a vital role in supporting and empowering musicians in the Detroit area. By uniting musicians and advocating for their collective interests, the union ensures that members receive fair compensation for their work through established minimum prices.

Additionally, the organization enforces properly filed contracts, which provides members with a sense of security and stability in their professional engagements. The union fosters a strong sense of community and camaraderie among musicians, promoting a fraternal spirit that encourages collaboration and support within the local musical landscape.

With approximately 750 members, Local 5 significantly contributes to the advancement of individual and collective interests, helping musicians navigate the complexities of their careers while strengthening the overall vibrancy of Detroit's music scene.




This information is meant to be a general summary of Detroit Federation Of Musicians Local 5. 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
$473,846 (2023)
Expenses
$480,508 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $126
  • Gross Receipts: $518,525

Assets and Liabilities:

  • Total Assets: $672,345
  • Total Liabilities: $317,764
  • Net Assets: $354,581

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Organization Details

Founding Year

1932

Principal Officer

George Troia Jr

Main Address

20833 SOUTHFIELD ROAD, SOUTHFIELD, MI, 48075

NTEE Category

Code: J40 - Employment

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