Umwa Bcoa Training And Education Trust

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

EIN: 521599698 ✦ Triangle, VA ✦ Designated as a 501(c)(9)

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Overview

What is Umwa Bcoa Training And Education Trust?

The Umwa Bcoa Training and Education Trust is a nonprofit organization established to aid unemployed workers and their family members affiliated with UMWA (United Mine Workers of America) and NBCWA (National Bituminous Coal Wage Agreement) through a collective bargaining agreement. Based in Triangle, Virginia, the trust operates under Section 302(c)(6) of the Labor Management Relations Act. Its primary mission is to offer financial assistance for training and education, enabling these individuals to secure employment outside the bituminous coal industry they were previously a part of. The trust aims to support workers represented by Umwa, providing them with opportunities for career advancement and transition.


Official website here: www.umwa-bcoa.com

Is Umwa Bcoa Training And Education Trust legitimate?

Umwa Bcoa Training And Education Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Umwa Bcoa Training And Education 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.umwa-bcoa.com

What is the mission statement of Umwa Bcoa Training And Education Trust?

The Umwa Bcoa Training and Education Trust was established with the mission to offer financial aid for educational and vocational training to unemployed workers affiliated with UMWA (United Mine Workers of America) and NBCWA (National Bituminous Coal Wage Agreement), as well as their family members, under a collective bargaining agreement. The Trust, established under Section 302(c)(6) of the Labor Management Relations Act, aims to assist individuals in the bituminous coal industry to secure employment outside this sector. The objective is to provide these individuals with the necessary skills and education to enhance their employability and enhance their chances of finding employment in different industries.


Official website here: www.umwa-bcoa.com

Who is the CEO of Umwa Bcoa Training And Education Trust?

Jerry D Jones is the Chairman/Union Trustee of Umwa Bcoa Training And Education Trust.


Official website here: www.umwa-bcoa.com

What is the revenue of Umwa Bcoa Training And Education Trust?

Umwa Bcoa Training And Education Trust's revenue in 2023 was $361,466.


Official website here: www.umwa-bcoa.com

Who are the executives of Umwa Bcoa Training And Education Trust and what are their salaries?


Here are 2 key members and their salaries:


Jerry D Jones (Chairman/Union Trustee)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Thomas C Means (Employer Trustee)
  • Compensation: $25,000
  • Related: $0
  • Other: $0


Official website here: www.umwa-bcoa.com

Where can I find the form 990 for Umwa Bcoa Training And Education Trust?

Umwa Bcoa Training And Education Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.umwa-bcoa.com

Learn more at the official website: www.umwa-bcoa.com

Mission Statement of Umwa Bcoa Training And Education Trust

The Umwa Bcoa Training and Education Trust is a nonprofit organization with a mission to extend financial aid for educational and vocational training opportunities to unemployed workers and their family members affiliated with the United Mine Workers of America (UMWA) and National Bituminous Coal Wage Agreement (NBCWA). Established under the Labor Management Relations Act, this trust operates under Section 302(c)(6), aiming to assist individuals from the bituminous coal industry represented by UMWA. The ultimate goal of the Umwa Bcoa Training and Education Trust is to help these individuals secure employment outside the coal industry by providing them with the necessary educational resources. This nonprofit organization serves as a valuable resource for individuals seeking to transition their careers and improve their job prospects.

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Impact




October, 2024

Umwa Bcoa Training And Education Trust significantly transforms the lives of unemployed UMWA and NBCWA workers and their families by providing essential financial assistance for education and training. By focusing on those impacted by the downturn in the bituminous coal industry, the Trust empowers individuals to acquire new skills and knowledge, facilitating their transition into other employment sectors.

The education assistance offered under a collective bargaining agreement not only helps individuals pursue valuable qualifications but also fosters a pathway toward financial stability and independence. This initiative plays a vital role in rebuilding lives and communities affected by economic changes in the coal industry.

By equipping these workers with the tools they need to secure employment elsewhere, the Trust helps to mitigate the long-term effects of unemployment, contributing to a stronger, more resilient workforce. The impact is profound—not only does it uplift individual lives, but it also supports the overall economic health of the region, fostering growth and creating opportunities for future generations.




This information is meant to be a general summary of Umwa Bcoa Training And Education 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
$361,466 (2023)
Expenses
$543,133 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $361,466
  • Gross Receipts: $569,056

Assets and Liabilities:

  • Total Assets: $6,110,372
  • Total Liabilities: $102,026
  • Net Assets: $6,008,346

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Organization Details

Founding Year

1988

Principal Officer

Jerry D Jones

Main Address

18354 QUANTICO GATEWAY DRIVE, TRIANGLE, VA, 221721779

NTEE Category

Code: Y40 - Mutual benefit

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