Overview
What is Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund?
Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund is a nonprofit organization, specifically a Taft-Harley multi-employer fund, situated at 700 Tower Drive, Troy, MI 48098. Its primary mission is to offer supplemental unemployment benefits to the members of Plumbers Local 98, in accordance with the collective bargaining agreement. This fund aims to provide additional financial support during periods of job loss, thereby ensuring financial security for its members. The fund employs a total of 265 individuals, demonstrating its commitment and scale in serving the plumbing community.
Is Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund legitimate?
Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers Local No 98 Supplemental Local 98 Sub 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: $43,333
For more financial information, click here
What is the mission statement of Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund?
The Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund serves as a Taft-Harley multi-employer fund, providing supplemental unemployment benefits to the members of Plumbers Local 98, in accordance with the collective bargaining agreement. Its primary mission is to offer additional financial support during periods of unemployment, thereby aiding the beneficiaries during challenging times. The fund operates under the terms of the collective bargaining agreement, ensuring that the benefits are distributed fairly and equitably to the eligible members. The trust aims to provide a safety net for its members, enabling them to maintain a stable financial situation during temporary job loss.
Who is the CEO of Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund?
Jon Deroo is the Chairman of Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund.
What is the revenue of Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund?
Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund's revenue in 2022 was $953,413.
Who are the executives of Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund and what are their salaries?
The average compensation at Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund during 2022 was $164. There are 265 employees and 3 volunteers at Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $102,007
- Other: $0
- Compensation: $0
- Related: $101,007
- Other: $0
- Compensation: $0
- Related: $7,268
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund?
Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund
Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund is a multi-employer fund, established under the Taft-Harley Act. Its primary mission is to provide supplemental unemployment benefits to the members of Plumbers Local 98, in accordance with the collective bargaining agreement. This fund serves as a safety net for the plumbers during periods of unemployment, ensuring that they receive additional financial support during such difficult times. The fund's operations are guided by the collective bargaining agreement, ensuring fairness and consistency in the provision of benefits to its members.
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Impact
October, 2024
Plumbers Local No 98 Supplemental Local 98 Sub Trust Fund offers essential supplemental unemployment benefits to its members, aiding them during times of job loss. This Taft-Hartley multi-employer fund ensures that members of Plumbers Local 98 can navigate unemployment challenges more effectively, providing financial support that complements their primary unemployment benefits. By adhering to the collective bargaining agreement, the fund plays a crucial role in enhancing the economic stability of its members, allowing them to maintain a semblance of financial security while seeking new employment opportunities. Its operations, based in Troy, MI, directly impact the well-being of the plumbing workforce by fostering a safety net that supports them in times of need.
This information is meant to be a general summary of Plumbers Local No 98 Supplemental Local 98 Sub 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $134,719
- Program Service Revenue: $818,694
- Gross Receipts: $953,413
Assets and Liabilities:
- Total Assets: $6,404,112
- Total Liabilities: $11,201
- Net Assets: $6,392,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$818,694
Organization Details
Founding Year
1963
Phone
(248) 813-9800Principal Officer
Jon Deroo
Main Address
700 TOWER DRIVE, TROY, MI, 480982808
NTEE Category
Code: Y43 - Mutual benefit
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