Overview
What is Administrative District Council 1 Of Il Market Recovery Lmcc Trust?
The Administrative District Council 1 of IL Market Recovery LMCC Trust is a nonprofit organization situated in Elmhurst, Illinois. Its primary aim is to enhance employment opportunities for union-represented employees and expand the market within the construction industry. The trust also serves as a platform for collaboration between labor and management, facilitating the resolution of mutual concerns related to work opportunities and improving communication in the process.
Is Administrative District Council 1 Of Il Market Recovery Lmcc Trust legitimate?
Administrative District Council 1 Of Il Market Recovery Lmcc Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Administrative District Council 1 Of Il Market Recovery Lmcc 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.
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What is the mission statement of Administrative District Council 1 Of Il Market Recovery Lmcc Trust?
The Administrative District Council 1 Of Il Market Recovery Lmcc Trust's mission is centered around improving employment opportunities for union-represented workers in the construction industry. The primary goal is to expand the market within this sector. Furthermore, the trust aims to assist both employees and employers in resolving mutual concerns related to work opportunities. Lastly, the trust strives to enhance communication between labor and management, focusing on increasing job prospects.
Who is the CEO of Administrative District Council 1 Of Il Market Recovery Lmcc Trust?
Hector Arellano is the Trustee of Administrative District Council 1 Of Il Market Recovery Lmcc Trust.
What is the revenue of Administrative District Council 1 Of Il Market Recovery Lmcc Trust?
Administrative District Council 1 Of Il Market Recovery Lmcc Trust's revenue in 2022 was $747,968.
Who are the executives of Administrative District Council 1 Of Il Market Recovery Lmcc Trust and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Administrative District Council 1 Of Il Market Recovery Lmcc Trust?
Administrative District Council 1 Of Il Market Recovery Lmcc Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Administrative District Council 1 Of Il Market Recovery Lmcc Trust
The Administrative District Council 1 Of Il Market Recovery Lmcc Trust, in its mission, aims to enhance employment prospects for employees under its union's representation. Additionally, the trust seeks to expand the market for the construction industry. Beyond this, the trust serves as a mediator, assisting both employees and employers in resolving mutual issues concerning the need for work opportunities. Furthermore, the trust works towards fostering better communication between labor and management, with a focus on increasing work opportunities.
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Impact
October, 2024
The Administrative District Council 1 Of IL Market Recovery Lmcc Trust significantly enhances employment prospects for union-represented employees while simultaneously contributing to the growth of the construction industry. By fostering collaborations between workers and employers, the trust addresses mutual concerns regarding work opportunities, effectively facilitating solutions that benefit both parties.
One of its key impacts is the improvement of communication between labor and management, which is vital for addressing challenges in the workforce. This dialogue helps to identify areas for potential job growth and market expansion, leading to a more robust economic environment for the construction sector.
Furthermore, by advocating for increased employment opportunities, the trust plays a crucial role in stabilizing and uplifting the community's workforce, thereby enhancing the overall economic health of the area. Its initiatives not only aid employees in finding work but also support employers in meeting their staffing needs, creating a favorable cycle of employment and market expansion.
This information is meant to be a general summary of Administrative District Council 1 Of Il Market Recovery Lmcc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $747,968
- Gross Receipts: $747,968
Assets and Liabilities:
- Total Assets: $2,812,603
- Total Liabilities: $1,715
- Net Assets: $2,810,888
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$747,968
Organization Details
Founding Year
2014
Phone
(630) 941-2300Principal Officer
Hector Arellano
Main Address
660 NORTH INDUSTRIAL DRIVE, ELMHURST, IL, 60126
NTEE Category
Code: Z99 - Unknown
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