Brotherhood Maintenance Of Way Employes Div Of Ibt

Strike Fund

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

EIN: 383298072 ✦ Novi, MI ✦ Designated as a 501(c)(5)

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Overview

What is Brotherhood Maintenance Of Way Employes Div Of Ibt?

Brotherhood Maintenance Of Way Employes Div Of Ibt, also known as the Strike Fund, is a nonprofit organization based in Novi, Michigan. Their primary mission is to provide support and benefits to members of the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters who may be affected by strikes. They offer essential services to help these individuals during challenging times, ensuring they have the necessary resources to weather the situation. The organization's address is 41475 Gardenbrook Road, Novi, MI 48375.

Is Brotherhood Maintenance Of Way Employes Div Of Ibt legitimate?

Brotherhood Maintenance Of Way Employes Div Of Ibt is a legitimate nonprofit organization registered as a 501(c)(5) entity. Brotherhood Maintenance Of Way Employes Div Of Ibt 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 Brotherhood Maintenance Of Way Employes Div Of Ibt?

The Brotherhood Maintenance Of Way Employes Divison of IBT, in essence, serves to offer strike benefits to its members who belong to the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters. This organization is dedicated to providing financial aid and support during periods of industrial action, ensuring the well-being of its members during such times. It operates as a vital safety net, upholding the welfare of its members during potential labor disputes.

Who is the CEO of Brotherhood Maintenance Of Way Employes Div Of Ibt?

Freddie N Simpson is the President of Brotherhood Maintenance Of Way Employes Div Of Ibt.

What is the revenue of Brotherhood Maintenance Of Way Employes Div Of Ibt?

Brotherhood Maintenance Of Way Employes Div Of Ibt's revenue in 2022 was $1,833,935.

Who are the executives of Brotherhood Maintenance Of Way Employes Div Of Ibt and what are their salaries?


Here are 5 key members and their salaries:


David D Joynt (Secretary-Treasurer)
  • Compensation: $0
  • Related: $179,073
  • Other: $51,697
Freddie N Simpson (President)
  • Compensation: $0
  • Related: $194,702
  • Other: $32,126
Dennis R Albers (Executive Board Chairman)
  • Compensation: $0
  • Related: $173,689
  • Other: $50,859
Tony D Cardwell (President)
  • Compensation: $0
  • Related: $126,927
  • Other: $43,143
Dale E Bogart Jr (Secretary-Treasurer)
  • Compensation: $0
  • Related: $88,649
  • Other: $36,827
Where can I find the form 990 for Brotherhood Maintenance Of Way Employes Div Of Ibt?

Brotherhood Maintenance Of Way Employes Div Of Ibt's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brotherhood Maintenance Of Way Employes Div Of Ibt

The Brotherhood Maintenance Of Way Employes Division of IBT, as a nonprofit organization, is dedicated to providing strike benefits to its members who belong to the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters. This mission is centered around offering essential support during labor disputes, ensuring that affected workers can maintain their financial stability during challenging times. The organization's role is crucial in upholding the interests of its members during periods of industrial action, thereby fostering a sense of security and resilience within the community.

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Impact




October, 2024

Brotherhood Maintenance Of Way Employes Division of IBT plays a critical role in supporting its members, particularly during labor disputes. By providing strike benefits, the organization ensures that its members have the necessary financial assistance during challenging times, allowing them to stand firm in negotiations for better working conditions, pay, and other benefits. This support not only fosters solidarity among workers but also empowers them to advocate for their rights without the immediate pressure of financial insecurity.

The impact extends beyond individual members; it contributes to the overall strength and cohesiveness of the labor movement. By backing maintenance of way employees, the organization helps maintain standards and protections within the industry, which can ultimately lead to improved working environments and safety for all workers. The mission reinforces the importance of collective bargaining and mutual support among laborers, promoting a culture of cooperation and resilience. In this way, Brotherhood Maintenance Of Way Employes Division of IBT significantly influences the labor landscape, advocating for fairness and equity within the workforce.




This information is meant to be a general summary of Brotherhood Maintenance Of Way Employes Div Of Ibt. 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
$1,833,935 (2022)
Expenses
$153,430 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,833,935
  • Gross Receipts: $7,125,894

Assets and Liabilities:

  • Total Assets: $11,837,673
  • Total Liabilities: $0
  • Net Assets: $11,837,673

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Organization Details

Founding Year

1996

Principal Officer

Freddie N Simpson

Main Address

41475 GARDENBROOK ROAD, NOVI, MI, 48375

NTEE Category

Code: Y40 - Mutual benefit

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