Overview
What is Bac Local 2 Of Mi Holiday Fund?
Bac Local 2 Of Mi Holiday Fund is a charitable organization established for the purpose of providing holiday pay to employees who are represented by the union and are employed by employers with a collective bargaining agreement with the union. This fund, which is subject to the Federal Taft-Hartley Act, operates as a multi-employer plan. Its primary mission is to ensure that union workers receive their holiday pay, thereby contributing to their overall financial well-being during the holiday season.
Is Bac Local 2 Of Mi Holiday Fund legitimate?
Bac Local 2 Of Mi Holiday Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bac Local 2 Of Mi Holiday 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bac Local 2 Of Mi Holiday Fund?
The Bac Local 2 of Mi Holiday Fund was established with the primary objective of providing holiday pay for employees who are represented by the union and are employed by employers with a collective bargaining agreement with the union. This is a multi-employer plan, subject to the Federal Taft-Hartley Act. The fund's purpose is to ensure that these employees receive their holiday pay, thereby providing financial support during this period. The fund operates under the collective bargaining agreement, ensuring fairness and consistency in holiday pay distribution.
Who is the CEO of Bac Local 2 Of Mi Holiday Fund?
Brett Gierak is the Trustee of Bac Local 2 Of Mi Holiday Fund.
What is the revenue of Bac Local 2 Of Mi Holiday Fund?
Bac Local 2 Of Mi Holiday Fund's revenue in 2022 was $3,146,973.
Who are the executives of Bac Local 2 Of Mi Holiday Fund and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Bac Local 2 Of Mi Holiday Fund?
Bac Local 2 Of Mi Holiday Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bac Local 2 Of Mi Holiday Fund
Bac Local 2 Of Mi Holiday Fund, a multi-employer trust fund, was established with a mission to provide holiday pay for employees who are represented by the union and are employed by employers with a collective bargaining agreement with the union. This organization operates under the Federal Taft-Hartley Act, ensuring that eligible workers receive holiday compensation during the holiday season. The primary purpose of Bac Local 2 Of Mi Holiday Fund is to provide financial support and security to its members during the festive period, fostering a sense of stability and well-being for the individuals and their families.
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Impact
October, 2024
Bac Local 2 Of Mi Holiday Fund significantly impacts the lives of union-represented employees by providing essential holiday pay. This fund ensures that workers employed by companies with collective bargaining agreements receive financial support during the holiday season, fostering a sense of security and well-being. By operating as a multiemployer plan, it creates a structured system that benefits a wide range of employees, enhancing their overall quality of life.
Moreover, this initiative promotes solidarity among workers, as it helps to uphold the agreements made through their union, ensuring fairness and compliance across different employers. The trust reflects a commitment to mutual benefit, illustrating how collective resources can effectively support individual members during crucial times. In doing so, it not only strengthens the union's role in advocating for workers' rights but also contributes to a culture of support and community within the trade. Overall, Bac Local 2 Of Mi Holiday Fund plays a vital role in empowering employees, enabling them to enjoy their holidays with a sense of financial stability.
This information is meant to be a general summary of Bac Local 2 Of Mi Holiday 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,267
- Program Service Revenue: $3,122,706
- Gross Receipts: $3,146,973
Assets and Liabilities:
- Total Assets: $1,614,689
- Total Liabilities: $1,575,009
- Net Assets: $39,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$3,122,706
Organization Details
Founding Year
1957
Phone
(248) 828-6000Principal Officer
Brett Gierak
Main Address
PO BOX 4506, TROY, MI, 480994506
NTEE Category
Code: Y40 - Mutual benefit
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