Elevator Industry Work Preservation Fund

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

EIN: 522051811 ✦ Columbia, MD ✦ Designated as a 501(c)(5)

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Overview

What is Elevator Industry Work Preservation Fund?

The Elevator Industry Work Preservation Fund is a nonprofit organization headquartered at 7154 Columbia Gateway Drive, Columbia, Maryland, 21046. Their primary mission is to facilitate labor-management collaboration and communication. The fund's exempt purpose includes enhancing labor-management relationships, promoting economic development, and addressing various other communication needs between labor and management. With a workforce of 27 employees, the Elevator Industry Work Preservation Fund serves as a crucial platform for fostering productive partnerships within the industry.


Official website here: www.eiwpf.org

What are the reviews and ratings of this charity?

The Elevator Industry Work Preservation Fund is not currently rated by Charity Navigator. This absence of a rating isn't indicative of a positive or negative evaluation; rather, it signifies that the organization lacks the necessary score or structure—namely, a 501(c)(3) status—to be assessed under Charity Navigator's methodologies.

Charity Navigator notes that its traditional ratings focused on Accountability and Finance now include factors such as Leadership and Adaptability and Culture and Community, among others. However, none of these can be applied to this organization due to its IRS status as something other than a 501(c)(3), precluding it from the established evaluation frameworks.

There are no user reviews from GreatNonprofits available for the Elevator Industry Work Preservation Fund, leaving further user-based insights and community feedback unavailable for public consideration at this time.


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

Is Elevator Industry Work Preservation Fund legitimate?

Elevator Industry Work Preservation Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Elevator Industry Work Preservation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $3,772,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,568,099

For more financial information, click here


Official website here: www.eiwpf.org

What is the mission statement of Elevator Industry Work Preservation Fund?

The Elevator Industry Work Preservation Fund serves an essential role in facilitating better communications and cooperation between labor and management. The primary mission of this fund is to enhance labor-management relations and promote economic development. By administering a labor-management cooperation committee, the fund aims to foster improved understanding and collaboration between the two parties. Additionally, the fund's exempt purpose encompasses various other communications, ensuring a more harmonious and productive working environment.


Official website here: www.eiwpf.org

Who is the CEO of Elevator Industry Work Preservation Fund?

R Allen Spears is the Trustee of Elevator Industry Work Preservation Fund.


Official website here: www.eiwpf.org

What is the revenue of Elevator Industry Work Preservation Fund?

Elevator Industry Work Preservation Fund's revenue in 2022 was $29,193,872.


Official website here: www.eiwpf.org

Who are the executives of Elevator Industry Work Preservation Fund and what are their salaries?

The average compensation at Elevator Industry Work Preservation Fund during 2022 was $197,809. There are 27 employees at Elevator Industry Work Preservation Fund.


Here are 16 key members and their salaries:


Frank J Christensen (Trustee)
  • Compensation: $0
  • Related: $417,060
  • Other: $184,258
James K Bender Ii (Trustee)
  • Compensation: $0
  • Related: $385,863
  • Other: $174,840
Larry J Mcgann (Trustee)
  • Compensation: $0
  • Related: $387,770
  • Other: $174,840
R Allen Spears (National Director)
  • Compensation: $287,544
  • Related: $0
  • Other: $91,981
Michael D Morand (Asstant Nat'L Director)
  • Compensation: $230,631
  • Related: $0
  • Other: $81,901
James M Demmel (National Coordinator)
  • Compensation: $225,187
  • Related: $0
  • Other: $76,861
Mark S Mullins (National Coordinator)
  • Compensation: $216,461
  • Related: $0
  • Other: $76,861
Robert S Hultstrom (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861
Alex J Krupski (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861
Carisa H Barrett (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861
John Valone (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861
Kevin P Sullivan (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861
David R Hallmark (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861
Eric Rogers (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861
Donald M Winkle (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861
Howard S Russell (National Coordinator)
  • Compensation: $215,389
  • Related: $0
  • Other: $76,861


Official website here: www.eiwpf.org

Where can I find the form 990 for Elevator Industry Work Preservation Fund?

Elevator Industry Work Preservation Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eiwpf.org

Learn more at the official website: www.eiwpf.org

Mission Statement of Elevator Industry Work Preservation Fund

The Elevator Industry Work Preservation Fund is a unique organization dedicated to fostering better labor-management relations and promoting economic development. By administering a labor-management cooperation committee, this fund strives to bridge the gap between labor and management and enhance communications between the two parties.

In pursuit of this mission, the Elevator Industry Work Preservation Fund is committed to improving the working relationship between labor and management. This not only leads to more harmonious workplaces but also benefits the overall economic development of various industries. Furthermore, the fund's efforts extend beyond labor-management concerns, encompassing various other communications between the two groups.

Through the administration of this labor-management cooperation committee, the Elevator Industry Work Preservation Fund plays a vital role in fostering a collaborative environment that encourages open dialogue and mutual understanding. This, in turn, results in more productive workplaces and a stronger industrial sector. Additionally, the fund's initiatives aim to address potential conflicts and find solutions that benefit both labor and management, ultimately contributing to a more stable and prosperous economic landscape.

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Impact




October, 2024

The Elevator Industry Work Preservation Fund plays a crucial role in enhancing labor-management relations within the elevator industry. By administering a Labor-Management Cooperation Committee, the Fund aims to foster improved communication and collaboration between labor and management. This initiative not only strengthens workplace dynamics but also contributes to economic development by creating a more cohesive and cooperative environment.

The Fund's activities facilitate dialogue and understanding, allowing both parties to address concerns, negotiate effectively, and work towards shared goals. This collaboration can lead to better working conditions, increased job satisfaction, and ultimately, a more productive workforce, benefiting both employees and employers. The emphasis on improving relations directly impacts the industry's ability to adapt to challenges and innovate, ensuring a sustainable future for all stakeholders involved.




This information is meant to be a general summary of Elevator Industry Work Preservation 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.

Revenue
$29,193,872 (2022)
Expenses
$25,150,645 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,260
  • Program Service Revenue: $27,790,879
  • Gross Receipts: $29,193,872

Assets and Liabilities:

  • Total Assets: $81,169,889
  • Total Liabilities: $13,039,997
  • Net Assets: $68,129,892

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Programs

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

RECEIPTS FROM EMPLOYERS

Revenue

$27,790,879

Organization Details

Founding Year

1997

Principal Officer

R Allen Spears

Main Address

7154 COLUMBIA GATEWAY DRIVE, COLUMBIA, MD, 21046

NTEE Category

Code: J40 - Employment

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