Overview
What is Mid-Atlantic Laborer's Cooperation Trust?
The Mid-Atlantic Laborer's Cooperation Trust, referred to as LECET Mid-Atlantic, is a collaborative nonprofit organization situated in the Mid-Atlantic region. It serves as a bridge between the Laborers' International Union of North America (LIUNA) and its contractor affiliates, fostering mutual benefits for both laborers and employers. By working together, they aim to secure projects, boost the union sector's market share, promote services, develop a skilled workforce, and advance shared market-related interests. This partnership ultimately benefits both parties, ensuring a harmonious and productive work environment.
Official website here: www.lecetmidatlantic.com
Is Mid-Atlantic Laborer's Cooperation Trust legitimate?
Mid-Atlantic Laborer's Cooperation Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. Mid-Atlantic Laborer's 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $890,652
For more financial information, click here
Official website here: www.lecetmidatlantic.com
What is the mission statement of Mid-Atlantic Laborer's Cooperation Trust?
The Mid-Atlantic Laborer's Cooperation Trust, through its Laborers-Employers Cooperation and Education Trust Mid-Atlantic, facilitates collaboration between the Laborers' International Union of North America (LIUNA) and its contractors. Their joint mission is to tackle issues that are significant to both parties. By working together, they aim to secure projects and jobs, enhance their market share, promote their services, develop a skilled workforce, and advance shared interests related to their respective markets. This cooperation is instrumental in addressing mutual concerns and fostering a harmonious working environment.
Official website here: www.lecetmidatlantic.com
What is the revenue of Mid-Atlantic Laborer's Cooperation Trust?
Mid-Atlantic Laborer's Cooperation Trust's revenue in 2023 was $3,762,066.
Official website here: www.lecetmidatlantic.com
Who are the executives of Mid-Atlantic Laborer's Cooperation Trust and what are their salaries?
The average compensation at Mid-Atlantic Laborer's Cooperation Trust during 2023 was $63,618. There are 14 employees at Mid-Atlantic Laborer's Cooperation Trust.
Here are 14 key members and their salaries:
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- Compensation: $192,342
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- Compensation: $117,013
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- Other: $86,202
Official website here: www.lecetmidatlantic.com
Where can I find the form 990 for Mid-Atlantic Laborer's Cooperation Trust?
Mid-Atlantic Laborer's Cooperation Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lecetmidatlantic.com
Learn more at the official website: www.lecetmidatlantic.com
Mission Statement of Mid-Atlantic Laborer's Cooperation Trust
The Mid-Atlantic Laborer's Cooperation Trust, abbreviated as LECET Mid-Atlantic, serves as a platform for fostering collaboration between the Laborers' International Union of North America (LIUNA) and its contractor signatories. Recognizing their shared interests and commonalities, this organization facilitates a united front to secure projects and jobs, boost the union sector's market share, promote their services, develop a skilled workforce, and advocate for mutual market-related interests. By working together, LECET Mid-Atlantic aims to create a harmonious environment that benefits both laborers and employers in the Mid-Atlantic region.
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Impact
October, 2024
The Mid-Atlantic Laborers Cooperation Trust plays a pivotal role in fostering collaboration between laborers and employers in the construction industry. By uniting the Laborers' International Union of North America (LIUNA) with its signatory contractors, the Trust addresses critical issues that affect both parties. This collaboration ensures that laborers secure job opportunities while employers have access to a skilled workforce.
One significant impact of the Trust is its ability to increase the market share of union-sector projects. By working together, laborers and employers can effectively advertise their collective services and secure more contracts. This synergy not only benefits the immediate stakeholders but also enhances the overall stability and growth of the construction industry in the Mid-Atlantic region.
Furthermore, the Trust emphasizes workforce development, ensuring that laborers are equipped with the necessary skills and training to meet the demands of the industry. By prioritizing education and cooperation, the Mid-Atlantic Laborers Cooperation Trust contributes to a more robust and competitive labor market, ultimately leading to improved employment outcomes for workers in the region.
This information is meant to be a general summary of Mid-Atlantic Laborer's 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $411,433
- Program Service Revenue: $2,109,597
- Gross Receipts: $10,855,883
Assets and Liabilities:
- Total Assets: $11,096,901
- Total Liabilities: $0
- Net Assets: $11,096,901
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,109,597
Organization Details
Founding Year
1999
Principal Officer
Dennis Martire
Website
www.lecetmidatlantic.comNTEE Category
Code: J40 - Employment
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