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Teamsters' National Pipe Line Labor Management Cooperation Trust

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

EIN: 522299035 ✦ Washington, DC ✦ Designated as a 501(c)(5)

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Overview

What is Teamsters' National Pipe Line Labor Management Cooperation Trust?

Teamsters' National Pipe Line Labor Management Cooperation Trust is a nonprofit organization situated in Washington, D.C. Their primary mission is to facilitate cooperation between union construction and the pipeline industry, aiming to enhance work opportunities and boost efficiency. By fostering a harmonious relationship between the employer association and the union, the trust also strives to safeguard and promote public health and safety. With a modest team of two individuals, the trust plays a vital role in addressing union matters in the pipeline sector.

Is Teamsters' National Pipe Line Labor Management Cooperation Trust legitimate?

Teamsters' National Pipe Line Labor Management Cooperation Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Teamsters' National Pipe Line Labor Management Cooperation 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: $162,293
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,357

For more financial information, click here

What is the mission statement of Teamsters' National Pipe Line Labor Management Cooperation Trust?

The Teamsters' National Pipe Line Labor Management Cooperation Trust exists with the primary objective of increasing work opportunities for union construction within the pipeline industry and enhancing its efficiency. The trust also seeks to foster a harmonious relationship between the employer association and the union. Moreover, it prioritizes the protection and promotion of public health and safety. In terms of its mission, the Labor Management Trust Fund plays a crucial role in managing union-related matters.

Who is the CEO of Teamsters' National Pipe Line Labor Management Cooperation Trust?

Marion Davis is the Co-Chair - Employer (P) of Teamsters' National Pipe Line Labor Management Cooperation Trust.

What is the revenue of Teamsters' National Pipe Line Labor Management Cooperation Trust?

Teamsters' National Pipe Line Labor Management Cooperation Trust's revenue in 2022 was $875,184.

Who are the executives of Teamsters' National Pipe Line Labor Management Cooperation Trust and what are their salaries?

The average compensation at Teamsters' National Pipe Line Labor Management Cooperation Trust during 2022 was $93,825. There are 2 employees at Teamsters' National Pipe Line Labor Management Cooperation Trust.


Here are 8 key members and their salaries:


Robert E Bell (Co-Chair - Employer (P))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Mykyte (Co-Chair - Employer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion D Davis (Co-Chair - Union)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Nunnenkamp (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Laborde (Union Trustee/Pipe Line Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Hancock (Union Trustee (P))
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Ramsey (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Stern (Administrator)
  • Compensation: $162,293
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teamsters' National Pipe Line Labor Management Cooperation Trust?

Teamsters' National Pipe Line Labor Management Cooperation Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Teamsters' National Pipe Line Labor Management Cooperation Trust

Teamsters' National Pipe Line Labor Management Cooperation Trust is an organization with a mission to enhance employment opportunities within the union construction sector and improve the efficiency of the pipeline industry. By fostering a harmonious relationship between the employer association and the union, this trust aims to safeguard and advance public health and safety. The Labor Management Trust Fund serves as a resource to manage union-related matters, playing a crucial role in promoting cooperation and understanding between the two parties.

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Impact




October, 2024

The Teamsters' National Pipe Line Labor Management Cooperation Trust significantly enhances work opportunities in the union construction sector while simultaneously improving the efficiency of the pipeline industry. By fostering strong relationships between employer associations and unions, the Trust ensures that labor negotiations are more collaborative, ultimately leading to better working conditions and job security for workers. Additionally, by prioritizing public health and safety, it proactively addresses industry challenges and supports the implementation of best practices, which benefits both employees and the communities they serve. Through its initiatives, the Trust plays a crucial role in promoting a sustainable and thriving workforce in the pipeline sector.




This information is meant to be a general summary of Teamsters' National Pipe Line Labor Management Cooperation 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
$875,184 (2022)
Expenses
$1,283,572 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $373,939
  • Program Service Revenue: $469,317
  • Gross Receipts: $1,274,943

Assets and Liabilities:

  • Total Assets: $5,586,977
  • Total Liabilities: $30,259
  • Net Assets: $5,556,718

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$469,317

Organization Details

Founding Year

2001

Principal Officer

Marion Davis

Main Address

25 LOUISIANA AVENUE, WASHINGTON, DC, 200012130

NTEE Category

Code: J40 - Employment

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