Overview
What is Southern Nevada Painters Market Recovery Trust Fund?
The Southern Nevada Painters Market Recovery Trust Fund is a nonprofit initiative based in Las Vegas, Nevada. Its primary purpose is to offer subsidies on specific construction projects, enabling signatory employers to bid more competitively against non-signatory or competing craft contractors. By strategically selecting certain construction projects, the Trust Fund aims to recover work traditionally performed by employers, ultimately benefiting their employees. This initiative fosters fair competition in the construction sector.
Is Southern Nevada Painters Market Recovery Trust Fund legitimate?
Southern Nevada Painters Market Recovery Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Southern Nevada Painters Market Recovery 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.
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What is the mission statement of Southern Nevada Painters Market Recovery Trust Fund?
The Southern Nevada Painters Market Recovery Trust Fund's mission is to offer subsidies for specific construction projects. This initiative aims to enhance the competitiveness of signatory employers in bidding against non-signatory or competing craft contractors. The trust fund achieves this by strategically selecting certain construction projects to recover work that was traditionally performed by the employers, benefiting their employees. This intervention is intended to support the employees and the industry as a whole by providing a level playing field in bidding processes.
Who is the CEO of Southern Nevada Painters Market Recovery Trust Fund?
Robert Williams is the Co-Chair/Labor Trustee of Southern Nevada Painters Market Recovery Trust Fund.
What is the revenue of Southern Nevada Painters Market Recovery Trust Fund?
Southern Nevada Painters Market Recovery Trust Fund's revenue in 2022 was $0.
Who are the executives of Southern Nevada Painters Market Recovery Trust Fund 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 Southern Nevada Painters Market Recovery Trust Fund?
Southern Nevada Painters Market Recovery Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southern Nevada Painters Market Recovery Trust Fund
The Southern Nevada Painters Market Recovery Trust Fund is a nonprofit entity with a mission to provide subsidies for specific construction projects. This initiative aims to empower signatory employers, enabling them to bid more competitively against non-signatory or competing craft contractors. By making targeted selections of certain construction projects, the Trust Fund aims to recover work traditionally performed by employers, thereby benefiting their employees. This strategy ultimately fosters a more level playing field in the construction industry, promoting fairness and potential growth for all involved parties.
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Impact
October, 2024
The Southern Nevada Painters Market Recovery Trust Fund provides critical subsidies for specific construction projects, enabling signatory employers to enhance their competitiveness in a challenging market. By supporting these employers, the Trust Fund helps recover and retain work that has traditionally been performed by them, directly benefiting their employees.
This strategic financial assistance allows signatory contractors to bid more effectively against non-signatory or competing craft contractors. Consequently, it helps to stabilize the workforce in the construction industry, fostering job security and economic growth in the region. By prioritizing targeted construction projects, the Trust Fund plays a significant role in revitalizing the local economy while ensuring that employees of signatory employers benefit from steady work opportunities.
This information is meant to be a general summary of Southern Nevada Painters Market Recovery 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 2022.
Assets and Liabilities:
- Total Assets: $1,012,879
- Total Liabilities: $0
- Net Assets: $1,012,879
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Organization Details
Founding Year
2015
Phone
(702) 415-2180Principal Officer
Robert Williams
Main Address
8311 W SUNSET ROAD 250, LAS VEGAS, NV, 89113
NTEE Category
Code: P20 - Human services
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