Ibew Local 488 Labor Management Cooperation Trust

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

EIN: 462805810 ✦ Monroe, CT ✦ Designated as a 501(c)(5)

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Overview

What is Ibew Local 488 Labor Management Cooperation Trust?

The IBEW Local 488 Labor Management Cooperation Trust is a nonprofit organization dedicated to fostering collaboration between labor and management. Their primary objective is to strengthen communication and encourage worker involvement in decision-making processes that impact their work. By doing so, they aim to enhance Labor-Mgmt cooperation. Furthermore, this trust provides financial and other resources to support programs under the auspices of NEC-IBEW Local 488.

Is Ibew Local 488 Labor Management Cooperation Trust legitimate?

Ibew Local 488 Labor Management Cooperation Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew Local 488 Labor Management Cooperation Trust 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 Local 488 Labor Management Cooperation Trust?

The IBEW Local 488 Labor Management Cooperation Trust aims to foster and enhance the collaboration between Labor and Management. This is achieved by encouraging worker participation in decision-making processes that affect their work environment. The trust's mission is to strengthen Labor-Management cooperation and provide financial and other forms of support for programs under the purview of NEC-IBEW Local 488. The objective is to foster a cooperative environment that benefits both parties, ensuring a smoother working relationship.

Who is the CEO of Ibew Local 488 Labor Management Cooperation Trust?

Daniel Mcinerney is the Management Trustee of Ibew Local 488 Labor Management Cooperation Trust.

What is the revenue of Ibew Local 488 Labor Management Cooperation Trust?

Ibew Local 488 Labor Management Cooperation Trust's revenue in 2022 was $346,558.

Who are the executives of Ibew Local 488 Labor Management Cooperation Trust and what are their salaries?


Here are 4 key members and their salaries:


Michael Murgatroyd (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Moconyi (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Mcinerney (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Cavalli (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 488 Labor Management Cooperation Trust?

Ibew Local 488 Labor Management Cooperation Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 488 Labor Management Cooperation Trust

The IBEW Local 488 Labor Management Cooperation Trust is dedicated to fostering and enhancing collaboration between labor and management by encouraging worker participation in decision-making processes that directly impact their work environment. The primary mission of this trust is to promote Labor-Mgmt cooperation, providing both financial and other forms of support to programs under the umbrella of NEC-IBEW Local 488. By actively involving workers in decision-making processes, this trust aims to strengthen the relationship between labor and management, ultimately benefiting both parties and leading to a more harmonious and productive work environment.

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Impact




October, 2024

The IBEW Local 488 Labor Management Cooperation Trust significantly enhances communication between labor and management within the workplace. By fostering a collaborative environment, it encourages greater worker involvement in decision-making processes that impact their jobs, leading to improved morale and productivity.

Through its programs, the Trust not only strengthens relationships between workers and management but also provides essential financial and logistical support for various initiatives aimed at promoting labor-management cooperation. This cohesive approach benefits both employees and employers, creating a more engaged workforce and a more effective organizational structure. Ultimately, the Trust plays a crucial role in promoting a balanced and harmonious work environment, contributing positively to the overall employment landscape in Monroe, CT, and beyond.




This information is meant to be a general summary of Ibew Local 488 Labor Management Cooperation Trust. 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
$346,558 (2022)
Expenses
$453,717 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,219
  • Program Service Revenue: $343,339
  • Gross Receipts: $346,558

Assets and Liabilities:

  • Total Assets: $1,180,386
  • Total Liabilities: $0
  • Net Assets: $1,180,386

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$343,339

Organization Details

Founding Year

2013

Principal Officer

Daniel Mcinerney

Main Address

721 MAIN STREET RT 25, MONROE, CT, 06468

NTEE Category

Code: J40 - Employment

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