Overview
What is Laborers Employers Cooperation And Education Trust?
Laborers Employers Cooperation and Education Trust is a nonprofit organization situated in Washington D.C. Their primary objective is to foster business opportunities for union contractors and create job prospects for union members. They achieve this by focusing on various aspects such as communications, market research, marketing, project tracking, and field coordination. Their mission is to enhance and promote new jobs and business opportunities in the traditional construction and emerging environmental remediation industries. The trust aims to maximize project opportunities for signatory contractors and job opportunities for LIUNA members, contributing to the growth and development of these industries. With a workforce of 25 individuals, they strive to improve the job market for union members and support union contractors in securing new projects.
Official website here: www.lecet.org
Is Laborers Employers Cooperation And Education Trust legitimate?
Laborers Employers Cooperation And Education Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Laborers Employers Cooperation 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: $488,011
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,018,458
For more financial information, click here
Official website here: www.lecet.org
What is the mission statement of Laborers Employers Cooperation And Education Trust?
The Laborers Employers Cooperation and Education Trust has a mission to enhance and promote new job opportunities and business prospects in the traditional construction and the emerging environmental remediation industries. Their primary objective is to maximize project chances for contractors who are signatories to the trust and generate job openings for members of the Liuna union. They achieve this by focusing on effective communication, market research, marketing strategies, project tracking, and field coordination.
Official website here: www.lecet.org
What is the revenue of Laborers Employers Cooperation And Education Trust?
Laborers Employers Cooperation And Education Trust's revenue in 2023 was $8,945,985.
Official website here: www.lecet.org
Who are the executives of Laborers Employers Cooperation And Education Trust and what are their salaries?
The average compensation at Laborers Employers Cooperation And Education Trust during 2023 was $92,832. There are 27 employees at Laborers Employers Cooperation And Education Trust.
Here are 30 key members and their salaries:
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- Compensation: $169,776
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Official website here: www.lecet.org
Where can I find the form 990 for Laborers Employers Cooperation And Education Trust?
Laborers Employers Cooperation And Education Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lecet.org
Learn more at the official website: www.lecet.org
Mission Statement of Laborers Employers Cooperation And Education Trust
Laborers Employers Cooperation and Education Trust, in essence, is committed to enhancing and fostering new employment opportunities and businesses in the traditional construction and emerging environmental remediation industries. Their primary mission is to maximize project prospects for signatory contractors and job opportunities for LIUNA members. To achieve this goal, they concentrate on various aspects such as communications, market research, marketing, project tracking, and field coordination. By focusing on these areas, the organization aims to generate business opportunities for union contractors and job openings for union members, thereby contributing positively to the industry and its workforce.
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Impact
October, 2024
Laborers Employers Cooperation And Education Trust significantly impacts the construction and emerging environmental remediation industries by fostering job creation and business opportunities. It focuses on generating business prospects for union contractors while providing valuable job opportunities for union members. The Trust enhances this impact through effective communication strategies, market research, marketing efforts, project tracking, and field coordination. By maximizing project opportunities for signatory contractors and ensuring job availability for Laborers' International Union of North America (LIUNA) members, it plays a crucial role in strengthening the workforce and supporting industry growth, particularly in metropolitan areas like Washington, DC.
This information is meant to be a general summary of Laborers Employers Cooperation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $446,905
- Program Service Revenue: $7,421,525
- Gross Receipts: $14,146,598
Assets and Liabilities:
- Total Assets: $16,412,420
- Total Liabilities: $277,326
- Net Assets: $16,135,094
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGIONAL TRUST FUND CONTRIBUTIONS
Revenue
$6,463,156
CONTRACTOR CONTRIBUTIONS
Revenue
$745,512
DISTRIBUTION CONTRACTORS CONTRIBU
Revenue
$212,857
Organization Details
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