Overview
What is Teamsters Local Union No 541 Vacation-Holiday Fund?
Teamsters Local Union No 541 Vacation-Holiday Fund is a nonprofit organization that functions as a fraternal beneficiary society and voluntary employee association. Its primary mission is to provide vacation-holiday benefits to its union members. This fund operates as a self-supporting entity, relying on its own resources to fulfill its purpose. The Teamsters Local Union No 541 Vacation-Holiday Fund serves as a valuable resource for its members, offering them a well-deserved break during vacation periods and holidays.
Is Teamsters Local Union No 541 Vacation-Holiday Fund legitimate?
Teamsters Local Union No 541 Vacation-Holiday Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Local Union No 541 Vacation-Holiday 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 Teamsters Local Union No 541 Vacation-Holiday Fund?
The Teamsters Local Union No 541 Vacation-Holiday Fund serves as a fraternal beneficiary society and voluntary employee association, primarily focusing on providing vacation-holiday benefits to its members. As an integral part of its activities, the fund distributes these benefits to its members, promoting a sense of community and support within its membership base. The fund's mission is centered around fulfilling this primary function, ensuring that its members can enjoy well-deserved time off and holidays with peace of mind.
Who is the CEO of Teamsters Local Union No 541 Vacation-Holiday Fund?
Michael Keeran is the Chairman of Teamsters Local Union No 541 Vacation-Holiday Fund.
What is the revenue of Teamsters Local Union No 541 Vacation-Holiday Fund?
Teamsters Local Union No 541 Vacation-Holiday Fund's revenue in 2023 was $940,978.
Who are the executives of Teamsters Local Union No 541 Vacation-Holiday Fund and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
Where can I find the form 990 for Teamsters Local Union No 541 Vacation-Holiday Fund?
Teamsters Local Union No 541 Vacation-Holiday Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Teamsters Local Union No 541 Vacation-Holiday Fund
Teamsters Local Union No 541 Vacation-Holiday Fund serves as a fraternal beneficiary society and voluntary employee association, focusing on the payment of vacation-holiday benefits to its members. In this role, the fund offers financial support to its union members, providing them with well-deserved time off and holiday benefits. By fulfilling this mission, the Teamsters Local Union No 541 Vacation-Holiday Fund enhances the work-life balance of its members, enabling them to rejuvenate and return to their jobs with renewed energy and focus. This initiative underscores the organization's commitment to the welfare and well-being of its membership, fostering a sense of community and camaraderie within the union.
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Impact
October, 2024
The Teamsters Local Union No 541 Vacation-Holiday Fund plays a significant role in enhancing the financial well-being of its members by providing crucial vacation and holiday benefits. By ensuring that members receive compensation during their time off, the fund contributes to a more balanced work-life dynamic, allowing individuals to recharge and spend quality time with their families. This support fosters a sense of security among workers, knowing that they can take necessary breaks without sacrificing their income.
Additionally, the fund strengthens community ties within the union. Members benefit from a shared understanding of the importance of paid time off, promoting solidarity and collective well-being. This mutual benefit enhances not only individual lives but also the overall morale and cohesion within the union, making it a vital resource for workers in the Kansas City area. Ultimately, the Teamsters Local Union No 541 Vacation-Holiday Fund is instrumental in advocating for fair labor practices and improving the quality of life for its members.
This information is meant to be a general summary of Teamsters Local Union No 541 Vacation-Holiday 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: $1,196
- Program Service Revenue: $927,682
- Gross Receipts: $940,978
Assets and Liabilities:
- Total Assets: $378,718
- Total Liabilities: $4,887
- Net Assets: $373,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$927,682
Organization Details
Founding Year
1978
Phone
(816) 756-3313Principal Officer
Michael Keeran
Main Address
PO BOX 909500, KANSAS CITY, MO, 641909500
NTEE Category
Code: Y40 - Mutual benefit
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