Overview
What is Asbestos Workers Local 1 Vacation Trust Fund?
The Asbestos Workers Local 1 Vacation Trust Fund is a nonprofit organization situated in St. Louis, Missouri. Its primary purpose is to collect vacation monies for distribution as benefits to its members. In essence, the fund serves as a savings scheme for its members, accumulating vacation funds that are later disbursed as per the members' needs. The fund's mission is to manage and distribute these vacation benefits, ensuring fair and efficient distribution to its members. This nonprofit organization plays a crucial role in providing financial support to its members, enhancing their overall well-being.
Is Asbestos Workers Local 1 Vacation Trust Fund legitimate?
Asbestos Workers Local 1 Vacation Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Asbestos Workers Local 1 Vacation 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
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What is the mission statement of Asbestos Workers Local 1 Vacation Trust Fund?
The Asbestos Workers Local 1 Vacation Trust Fund is committed to collecting vacation monies and distributing them as benefits to its members. This mission aims to provide a source of vacation funds for the workers, ensuring they can enjoy time off while being part of the union. The trust fund administers the collection and distribution process, ensuring fairness and transparency in the distribution of benefits. The main objective is to enhance the work-life balance of its members by providing them with vacation funds.
What is the revenue of Asbestos Workers Local 1 Vacation Trust Fund?
Asbestos Workers Local 1 Vacation Trust Fund's revenue in 2023 was $2,448,968.
Who are the executives of Asbestos Workers Local 1 Vacation Trust Fund and what are their salaries?
Here are 4 key members and their salaries:
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- Compensation: $0
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Where can I find the form 990 for Asbestos Workers Local 1 Vacation Trust Fund?
Asbestos Workers Local 1 Vacation Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Asbestos Workers Local 1 Vacation Trust Fund
Asbestos Workers Local 1 Vacation Trust Fund is an organization committed to the collection and distribution of vacation benefits to its members. Its primary mission is to collect vacation monies, which are then distributed to the members as benefits. This fund is instrumental in providing vacation benefits to its members, ensuring they can enjoy well-deserved time off. By administering the collection and distribution of these benefits, the Asbestos Workers Local 1 Vacation Trust Fund plays a significant role in enhancing the quality of life for its members.
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Impact
October, 2024
The Asbestos Workers Local 1 Vacation Trust Fund significantly impacts its members by providing essential financial support through the administration of vacation benefits. By collecting vacation monies, the Trust Fund ensures that members receive these benefits in a timely and efficient manner. This financial assistance allows workers to take time off work without the stress of lost income, ultimately contributing to their overall well-being. Operating out of St. Louis, MO, the Trust Fund plays a vital role in enhancing the quality of life for its members, ensuring they can enjoy necessary rest and relaxation while still being financially secure. As a mutual benefit entity, it fosters a sense of community and support among its members, reinforcing the importance of their collective welfare.
This information is meant to be a general summary of Asbestos Workers Local 1 Vacation 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 2023.
- Investment Income: $9,480
- Program Service Revenue: $2,437,445
- Gross Receipts: $2,448,968
Assets and Liabilities:
- Total Assets: $1,333,463
- Total Liabilities: $1,256,537
- Net Assets: $76,926
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTI
Revenue
$2,382,523
OTHER CONTRIBUTIONS
Revenue
$54,922
Organization Details
Founding Year
1991
Principal Officer
Gary Payeur
NTEE Category
Code: Y40 - Mutual benefit
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