Overview
What is Wisc Laborers-Employers Co-Op & Ed Trust?
The Wisc Laborers-Employers Co-Op & Ed Trust is a nonprofit organization committed to fostering better labor-management cooperation and expanding job prospects. This is achieved by providing top-notch training programs, which are often part of a collective bargaining agreement. The organization's mission is so deeply engrained that it even stipulates the disposal of more than a quarter of its net assets if the organization ceases operations, demonstrating its dedication to its cause.
Is Wisc Laborers-Employers Co-Op & Ed Trust legitimate?
Wisc Laborers-Employers Co-Op & Ed Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Wisc Laborers-Employers Co-Op & Ed Trust 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: $127,726
For more financial information, click here
What is the mission statement of Wisc Laborers-Employers Co-Op & Ed Trust?
The Wisc Laborers-Employers Co-Op & Ed Trust is committed to enhancing labor-management cooperation and expanding work opportunities. This is accomplished through the provision of high-quality training programs, which are typically secured under a collective bargaining agreement. Furthermore, the organization has a stipulation that requires the disposal of over a quarter of its net assets if it ceases operations, aligning with its mission statement.
Who is the CEO of Wisc Laborers-Employers Co-Op & Ed Trust?
John Schmitt is the Trustee of Wisc Laborers-Employers Co-Op & Ed Trust.
What is the revenue of Wisc Laborers-Employers Co-Op & Ed Trust?
Wisc Laborers-Employers Co-Op & Ed Trust's revenue in 2022 was $603,632.
Who are the executives of Wisc Laborers-Employers Co-Op & Ed Trust and what are their salaries?
The average compensation at Wisc Laborers-Employers Co-Op & Ed Trust during 2022 was $127,726. There is 1 employee at Wisc Laborers-Employers Co-Op & Ed Trust.
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- Compensation: $126,795
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- Other: $69,544
Where can I find the form 990 for Wisc Laborers-Employers Co-Op & Ed Trust?
Wisc Laborers-Employers Co-Op & Ed Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wisc Laborers-Employers Co-Op & Ed Trust
The Wisc Laborers-Employers Co-Op & Ed Trust is committed to enhancing labor-management cooperation and expanding work opportunities. By offering high-quality training programs, the organization aims to foster a collaborative environment between laborers and employers, ensuring that both parties benefit from mutual growth and development. The Co-Op and Ed Trust also adheres to a strict financial policy, stipulating that at least 25% of its net assets must be disposed of if it ceases operations, maintaining a close alignment with its mission statement. This commitment to its mission demonstrates the Co-Op and Ed Trust's dedication to its purpose and the communities it serves.
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Impact
October, 2024
The Wisc Laborers-Employers Co-Op & Ed Trust significantly impacts labor-management relations and workforce development in Wisconsin. By promoting improved cooperation between labor and management, the organization fosters an environment where both sides can effectively collaborate, enhancing productivity and job satisfaction.
Through its quality training programs linked to collective bargaining agreements, the Trust equips workers with essential skills that expand their job opportunities and contribute to a more competent workforce. This focus on education and training not only benefits individuals by enhancing their employability but also serves to strengthen the overall labor market in the region.
Furthermore, the Trust's requirement to allocate over 25% of its net assets in the event of discontinuation underscores its commitment to its mission of supporting worker development and labor relations. This ensures that, even in the unlikely event the organization ceases operations, its resources will continue to serve the community in alignment with its objectives. Overall, the Wisc Laborers-Employers Co-Op & Ed Trust plays a crucial role in advancing employment opportunities and fostering a collaborative work environment in Wisconsin.
This information is meant to be a general summary of Wisc Laborers-Employers Co-Op & Ed Trust. 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: $6,791
- Program Service Revenue: $546,841
- Gross Receipts: $603,632
Assets and Liabilities:
- Total Assets: $1,235,137
- Total Liabilities: $69,002
- Net Assets: $1,166,135
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES AND ASSESSMENTS
Revenue
$546,841
Organization Details
Founding Year
1991
Phone
(608) 846-8242Principal Officer
John Schmitt
Main Address
4633 LIUNA WAY 101, DEFOREST, WI, 53532
NTEE Category
Code: J40 - Employment
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