Overview
What is Ua Local Union No 125 Vacation Fund?
Ua Local Union No 125 Vacation Fund is a nonprofit organization, specifically established to offer vacation benefits to approximately 1060 union members. Based in Cedar Rapids, Iowa, this organization operates with a mission to facilitate employee vacation savings. Members contribute towards their vacations through payroll deductions, and the employer then remits these funds. This fund serves as a beneficial resource, enabling union members to enjoy well-deserved time off, enhancing their overall work-life balance.
Is Ua Local Union No 125 Vacation Fund legitimate?
Ua Local Union No 125 Vacation Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ua Local Union No 125 Vacation 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.
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What is the mission statement of Ua Local Union No 125 Vacation Fund?
The Ua Local Union No 125 Vacation Fund's mission is centered around providing vacation benefits for its union members. This is achieved through a unique system where members can save for their vacations via payroll deductions, and the employer then remits these contributions. The primary objective of this fund is to cater to approximately 1060 union members, ensuring they have the opportunity to enjoy well-deserved vacations.
Who is the CEO of Ua Local Union No 125 Vacation Fund?
Michael Sadler Ii is the Trustee - Mgmt of Ua Local Union No 125 Vacation Fund.
What is the revenue of Ua Local Union No 125 Vacation Fund?
Ua Local Union No 125 Vacation Fund's revenue in 2022 was $1,530,796.
Who are the executives of Ua Local Union No 125 Vacation Fund and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Ua Local Union No 125 Vacation Fund?
Ua Local Union No 125 Vacation Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ua Local Union No 125 Vacation Fund
Ua Local Union No 125 Vacation Fund is a mission-driven organization, dedicated to providing vacation benefits for its union members. Through a strategic employment arrangement, the fund enables its approximately 1060 members to set aside a portion of their earnings for future vacations, facilitated by payroll deductions. The employer then remits these contributions to the fund, ensuring that union members can enjoy well-deserved breaks without the need for significant savings accumulation. This thoughtful initiative by Ua Local Union No 125 Vacation Fund serves to enhance the overall quality of life for its members, fostering a sense of security and work-life balance.
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Impact
October, 2024
Ua Local Union No 125 Vacation Fund plays a crucial role in enhancing the quality of life for its approximately 1,060 members by providing structured vacation benefits. The fund operates through an employee vacation savings account system, facilitating contributions via payroll deductions that are then remitted by employers. This system not only encourages members to save for time off but also ensures that they have the financial resources necessary to take breaks from work, ultimately fostering better mental and physical health.
By prioritizing vacation benefits, the fund helps union members recharge and avoid burnout, contributing to overall job satisfaction and productivity. This initiative also promotes a culture of work-life balance, which is increasingly recognized as vital in today’s fast-paced work environments. The Vacation Fund is particularly impactful in Cedar Rapids, IA, as it directly supports local workers, allowing them to plan and enjoy their time away from work without financial strain. Through this program, the Ua Local Union No 125 effectively strengthens the union's mission to advocate for the welfare of its members.
This information is meant to be a general summary of Ua Local Union No 125 Vacation 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: $1,499
- Program Service Revenue: $1,529,297
- Gross Receipts: $1,530,796
Assets and Liabilities:
- Total Assets: $1,121,388
- Total Liabilities: $1,110,521
- Net Assets: $10,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$1,529,297
Organization Details
Founding Year
2014
Phone
(319) 362-6062Principal Officer
Michael Sadler Ii
Main Address
1831 16TH AVENUE SW, CEDAR RAPIDS, IA, 52404
NTEE Category
Code: J40 - Employment
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