Overview
What is Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan?
The Operating Engineers' Local 324 Vacation and Holiday Fund of Michigan is a fraternal organization based in Troy, MI. Their primary purpose is to collect funds according to a collective bargaining agreement, which will then be distributed to participants. This fund serves as a crucial benefit for the members of Operating Engineers' Local 324.
Is Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan legitimate?
Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan 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 Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan?
The Operating Engineers' Local 324 Vacation and Holiday Fund is a fraternal organization dedicated to collecting funds as part of a collective bargaining agreement. Its primary goal is to distribute these accumulated resources to the members who are part of the local union. This mission serves to provide financial support and benefits to the participating members. The organization's activities focus on the administration and distribution of these funds to ensure the well-being of its union members.
Who is the CEO of Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan?
Scott Hart is the Chairman of Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan.
What is the revenue of Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan?
Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan's revenue in 2022 was $59,619,008.
Who are the executives of Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan and what are their salaries?
There 6 volunteers at Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $141,255
- Other: $74,358
- Compensation: $0
- Related: $134,844
- Other: $74,358
- Compensation: $0
- Related: $126,128
- Other: $74,358
- Compensation: $0
- Related: $102,115
- Other: $70,032
- Compensation: $0
- Related: $98,831
- Other: $69,636
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- 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 Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan?
Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan
The Operating Engineers' Local 324 Vacation and Holiday Fund of Michigan is a fraternal organization dedicated to the collection of funds as outlined in a collective bargaining agreement, with the primary goal of distributing these resources to its participants. In essence, this organization serves as a means for members to come together and pool their resources for the purpose of providing vacation and holiday benefits to one another.
By pooling their funds, the members of Operating Engineers' Local 324 Vacation and Holiday Fund of Michigan ensure that they can enjoy well-deserved time off, as well as celebrate important holidays, with financial security. The organization's mission is a testament to the collective strength and solidarity of its members, as they come together to support one another through the sharing of resources. The Fund provides a sense of community and security for the members, knowing that they have access to benefits that may not be readily available to them otherwise.
The Operating Engineers' Local 324 Vacation and Holiday Fund of Michigan is more than just a resource for its members; it is a symbol of unity and camaraderie. Through this shared commitment to the Fund, members build stronger relationships and a sense of belonging within their local union. The organization's mission is an essential component of the collective bargaining agreement, ensuring that the hardworking members of Operating Engineers' Local 324 have access to the benefits they deserve.
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Impact
October, 2024
Operating Engineers' Local 324 Vacation and Holiday Fund of Michigan plays a vital role in supporting workers by managing funds collected through collective bargaining agreements. This fund ensures that participants receive financial assistance for vacations and holidays, which promotes work-life balance and helps improve overall quality of life for members. By facilitating the distribution of these benefits, the organization fosters a sense of community and solidarity among workers in the industry, reinforcing their rights and enhancing job satisfaction. The fund not only provides financial relief but also contributes to the broader stability and well-being of the workforce, encouraging members to take necessary time off for rest and rejuvenation.
This information is meant to be a general summary of Operating Engineers' Local 324 Vacation And Holiday Fund Of Michigan. 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: $2,203
- Program Service Revenue: $59,602,716
- Gross Receipts: $59,619,008
Assets and Liabilities:
- Total Assets: $25,154,395
- Total Liabilities: $23,615,059
- Net Assets: $1,539,336
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$59,602,716
Organization Details
Founding Year
1968
Phone
(810) 650-9685Principal Officer
Scott Hart
Main Address
5600 NEW KING DRIVE 330, TROY, MI, 48098
NTEE Category
Code: Y40 - Mutual benefit
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