The Labor Institute Inc

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

EIN: 521358059 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Labor Institute Inc?

The Labor Institute Inc, located in New York City, New York, serves as an educational resource for working individuals, community groups, educational organizations, and labor unions. With a focus on job-related health and safety issues and economics, they provide lecture courses and audio-visual displays. Their primary mission is to educate these groups on matters that impact their work lives, fostering a better understanding and advocacy for improved working conditions. With a team of five dedicated individuals, The Labor Institute Inc is committed to empowering the workforce and promoting a safer, more equitable workplace environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%

The Labor Institute Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating reflects a high level of transparency and responsible financial management, with the organization scoring 94% in the accountability and finance category based on their most recent fiscal year (FY2022).

The independent board's composition is noteworthy, as all eight members are independent, demonstrating a commitment to governance and oversight. Furthermore, the charity has robust policies in place, including conflict of interest and whistleblower policies, and has shown no material diversion of assets. Their financial health is solid, with a liabilities to assets ratio of 22.69%, indicating a stable financial position.

Despite its strengths, the summary does not provide information about the effectiveness of the organization's programs or outcomes. While the financial metrics are commendable, potential donors may want to look deeper into the impact of The Labor Institute Inc’s initiatives to ensure their contributions align with their philanthropic goals.


This AI summary has been generated from information found on Charity Navigator.

Is The Labor Institute Inc legitimate?

The Labor Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Labor Institute Inc 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: $256,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,620

For more financial information, click here

What is the mission statement of The Labor Institute Inc?

The Labor Institute Inc's mission is centered around providing education, primarily focusing on job-related health and safety issues and economics. This education is aimed at three key groups: working people, community groups, educational organizations, and labor organizations. By doing so, The Labor Institute aims to equip these groups with the necessary knowledge to navigate their respective fields more effectively. They accomplish this through various means, including lecture courses and audio-visual displays, covering a broad spectrum of topics related to working individuals.

Who is the CEO of The Labor Institute Inc?

Leslie J Leopold is the President of The Labor Institute Inc.

What is the revenue of The Labor Institute Inc?

The Labor Institute Inc's revenue in 2022 was $1,153,840.

Who are the executives of The Labor Institute Inc and what are their salaries?

The average compensation at The Labor Institute Inc during 2022 was $100,615. There are 5 employees at The Labor Institute Inc.


Here are 10 key members and their salaries:


Leslie J Leopold (President)
  • Compensation: $138,835
  • Related: $0
  • Other: $54,605
Jim Young (Secretary)
  • Compensation: $117,619
  • Related: $0
  • Other: $52,175
Sally Silvers (Treasurer)
  • Compensation: $3,816
  • Related: $0
  • Other: $0
Michael Merrill (Chairman Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adolph Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Greenbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Mugar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dudzic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rosen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Wefald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Labor Institute Inc?

The Labor Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Labor Institute Inc

The Labor Institute Inc is committed to educating working people, community groups, educational organizations, and labor unions on job-related health and safety issues, as well as economic matters. Their mission is to provide lectures and visual presentations that explore these topics in detail, aiming to equip individuals with the knowledge necessary to navigate their professional lives more safely and effectively. Through their educational programs, The Labor Institute Inc strives to empower both working individuals and organizations, fostering a more informed and safer workforce.

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Impact




July, 2024

The Labor Institute Inc's impact is evident in its mission to provide education for working people, community groups, educational organizations, and labor organizations on job-related health and safety issues and economics. Through lecture courses and audio-visual displays, The Labor Institute Inc aims to empower individuals with knowledge and support in navigating the complexities of the workplace. Located in New York, NY, the institute's dedication to educating and advocating for the well-being of workers is central to its impact on promoting awareness and action in these crucial areas.




This information is meant to be a general summary of The Labor Institute Inc. 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
$1,153,840 (2022)
Expenses
$1,381,675 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,159
  • Program Service Revenue: $111,734
  • Gross Receipts: $1,153,840

Assets and Liabilities:

  • Total Assets: $1,523,967
  • Total Liabilities: $345,805
  • Net Assets: $1,178,162

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Programs

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

PUBLICATIONS EDUCATION

Revenue

$111,734

Organization Details

Founding Year

1985

Principal Officer

Leslie J Leopold

Main Address

39 BROADWAY 2430, NEW YORK, NY, 10006

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