Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1

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

EIN: 436063999 ✦ St louis, MO ✦ Designated as a 501(c)(9)

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Overview

What is Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1?

Board of Trustees Ibew-Neca Holiday Trust Fund - Local 1 is a Saint Louis, Missouri-based nonprofit organization dedicated to granting holiday pay benefits to members of the International Brotherhood of Electrical Workers Local #1. The mission is facilitated through a collective bargaining agreement. This charitable initiative focuses on enhancing the holiday experience for the members, ensuring they receive financial assistance during this time. Founded with the intention of promoting work-life balance and financial security, the organization's efforts are integral to the Local 1 community.

Is Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1 legitimate?

Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1 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: $45,014

For more financial information, click here

What is the mission statement of Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1?

The Board of Trustees Ibew-Neca Holiday Trust Fund is a charitable organization with a mission to grant holiday pay benefits to members of the International Brotherhood of Electrical Workers, specifically Local #1. This mission is executed through collective bargaining agreements. The primary goal is to ensure that the electrical workers under this local union in Saint Louis, MO receive financial support during holidays as part of their compensation package. By providing this benefit, the trust fund aims to enhance the quality of life for the union members and their families, thereby fostering a sense of camaraderie and security within the community.

Who is the CEO of Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1?

Frank Jacobs is the Trustee of Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1.

What is the revenue of Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1?

Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1's revenue in 2022 was $21,740,642.

Who are the executives of Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1 and what are their salaries?


Here are 7 key members and their salaries:


Robert Senf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Martin (Exiting Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Landwehr Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Jacobs (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Chettle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Reinheimer Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Mckenna (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1?

Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1

The Board of Trustees IBEW-NECA Holiday Trust Fund - Local 1 is a mission-driven organization that focuses on granting holiday pay benefits to members of the International Brotherhood of Electrical Workers Local #1. Through a collective bargaining agreement, this fund ensures that the electrical workers under this local union in Saint Louis, MO, receive special compensation during holidays.

This fund acts as a crucial safety net for the union members, providing them with a financial boost during celebratory periods. By doing so, it not only enhances their overall well-being but also fosters a sense of unity and camaraderie within the union community. The trust fund's commitment to offering holiday pay benefits is a testament to its dedication to supporting its members throughout their professional lives.

The Board of Trustees IBEW-NECA Holiday Trust Fund - Local 1 plays a vital role in the collective bargaining agreement between the union and the employers. By facilitating the provision of holiday pay benefits, it helps to maintain a strong workforce by acknowledging and rewarding the hard work and commitment of its members. This, in turn, leads to improved morale and job satisfaction, which can positively impact the productivity and the success of the projects the electrical workers are involved in.

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Impact




October, 2024

The Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1 plays a significant role in enhancing the financial well-being of members of the International Brotherhood of Electrical Workers Local #1 in St. Louis, MO. By providing holiday pay benefits through a collective bargaining agreement, this fund ensures that workers can enjoy their holidays without financial stress. This support fosters a sense of community and solidarity among members, allowing them to focus on family and personal time during the holiday season. Additionally, the fund underscores the importance of fair labor practices, demonstrating the effectiveness of collective bargaining in securing essential benefits for workers. Overall, its impact is felt not only in the immediate financial relief it offers but also in promoting a culture of mutual support and advocacy within the labor community.




This information is meant to be a general summary of Board Of Trustees Ibew-Neca Holiday Trust Fund - Local 1. 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
$21,740,642 (2022)
Expenses
$18,391,098 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $174,289
  • Program Service Revenue: $21,517,649
  • Gross Receipts: $27,154,546

Assets and Liabilities:

  • Total Assets: $23,929,661
  • Total Liabilities: $12,019
  • Net Assets: $23,917,642

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$21,517,649

Organization Details

Founding Year

1966

Principal Officer

Frank Jacobs

Main Address

5735 ELIZABETH AVE, ST LOUIS, MO, 63110

NTEE Category

Code: Y40 - Mutual benefit

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