Ibew-124 Vacation And Holiday Trust Fund

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

EIN: 430909522 ✦ Kansas city, MO ✦ Designated as a 501(c)(9)

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Overview

What is Ibew-124 Vacation And Holiday Trust Fund?

The Ibew-124 Vacation and Holiday Trust Fund is a nonprofit organization located in Kansas City, Missouri, with the specific address of 305 E 103rd Terrace. Its primary mission is to provide vacation and holiday benefits to approximately 2,300 participants. This charitable entity dedicates its resources to fulfilling this mission, ensuring that the beneficiaries can enjoy well-deserved breaks and holidays. The trust fund is an essential support system for its participants, offering them a chance to rejuvenate and unwind, thereby contributing positively to their overall well-being.

Is Ibew-124 Vacation And Holiday Trust Fund legitimate?

Ibew-124 Vacation And Holiday Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew-124 Vacation And Holiday 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: $0

For more financial information, click here

What is the mission statement of Ibew-124 Vacation And Holiday Trust Fund?

The Ibew-124 Vacation and Holiday Trust Fund's mission is centered around providing vacation and holiday benefits to its participating members. This mission is carried out by offering suitable holiday and vacation benefits to approximately 2,300 individuals. This initiative aims to enhance the leisure and relaxation experiences of its participants, thereby contributing positively to their overall well-being. The trust fund serves as a source of enjoyment and relaxation, allowing its members to take a break from their daily routines and rejuvenate.

Who is the CEO of Ibew-124 Vacation And Holiday Trust Fund?

Kenneth C Borden is the Chairman, Employer Trustee of Ibew-124 Vacation And Holiday Trust Fund.

What is the revenue of Ibew-124 Vacation And Holiday Trust Fund?

Ibew-124 Vacation And Holiday Trust Fund's revenue in 2022 was $10,126,095.

Who are the executives of Ibew-124 Vacation And Holiday Trust Fund and what are their salaries?

There 6 volunteers at Ibew-124 Vacation And Holiday Trust Fund.


Here are 6 key members and their salaries:


Kenneth C Borden (Chairman, Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bo Moreno (Secretary, Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Howerton (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Yates (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Barnes (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Baslock (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew-124 Vacation And Holiday Trust Fund?

Ibew-124 Vacation And Holiday Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew-124 Vacation And Holiday Trust Fund

The Ibew-124 Vacation and Holiday Trust Fund is a nonprofit organization dedicated to providing vacation and holiday benefits to its participants. Its primary mission is to ensure that approximately 2,300 individuals associated with the fund can enjoy well-deserved time off and celebrate holidays with peace of mind. This fund serves as a testament to the organization's commitment to the well-being and relaxation of its members. By offering vacation and holiday benefits, Ibew-124 Vacation and Holiday Trust Fund contributes to the overall happiness and work-life balance of its participants, making their lives more enjoyable and fulfilling.

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Impact




October, 2024

The IBEW-124 Vacation and Holiday Trust Fund significantly impacts its participants by providing timely vacation and holiday benefits to approximately 2,300 individuals. This financial support allows workers to enjoy well-deserved time off without financial strain, enhancing their overall well-being and work-life balance. By ensuring that participants can access these benefits, the fund fosters a sense of security and stability among them, contributing to greater job satisfaction and morale. In turn, this can lead to increased productivity and loyalty within the workforce, creating a positive ripple effect in the community and industry. Additionally, the trust fund helps to promote mutual aid among members, reinforcing a sense of solidarity and collective support within the broader labor movement.




This information is meant to be a general summary of Ibew-124 Vacation And Holiday 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.

Revenue
$10,126,095 (2022)
Expenses
$8,884,825 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,823
  • Program Service Revenue: $10,113,181
  • Gross Receipts: $10,126,095

Assets and Liabilities:

  • Total Assets: $8,746,251
  • Total Liabilities: $77,495
  • Net Assets: $8,668,756

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$10,113,181

Organization Details

Founding Year

1968

Principal Officer

Kenneth C Borden

Main Address

305 E 103RD TERRACE, KANSAS CITY, MO, 64114

NTEE Category

Code: Y40 - Mutual benefit

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