Overview
What is South Atlantic Ila Employers District Escrow Fund?
The South Atlantic ILA Employers District Escrow Fund is a charitable organization based in Jacksonville, Florida. Established as a fraternal beneficiary society and voluntary employees association, they offer various programs, including the Line 24(b): transfer to vacation & holiday Fund. Through this program, they facilitate the payment of vacation and holiday benefits to their members. The organization's primary objective is to support its community by providing essential financial assistance.
What are the reviews and ratings of this charity?
The South Atlantic Ila Employers District Escrow Fund does not currently have a rating on Charity Navigator. This lack of rating is because the organization requires specific beacon scores, such as Accountability & Finance or Impact & Measurement, which are currently not applicable as it is not a 501(c)(3) IRS registered nonprofit. The absence of a rating should not be construed as an indication of the organization's performance; rather, it reflects an inability to evaluate it through the typical parameters used by Charity Navigator.
Historically, Charity Navigator focused on aspects like Accountability and Finance for rating purposes, which are not applicable to this organization due to its foundation status that excludes it from being a 501(c)(3). Consequently, key financial data such as revenue and expenses, and salaries of key persons are not available, limiting the depth of assessment that could otherwise be provided.
Regarding user feedback, no reviews are available on GreatNonprofits. This absence of specific user reviews means that community and service beneficiaries’ perspectives on the organization’s impact and effectiveness are not recorded or available from this particular platform.
This AI summary has been generated from information found on Charity Navigator.
Is South Atlantic Ila Employers District Escrow Fund legitimate?
South Atlantic Ila Employers District Escrow Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. South Atlantic Ila Employers District Escrow 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $384,297
For more financial information, click here
What is the mission statement of South Atlantic Ila Employers District Escrow Fund?
The South Atlantic ILA Employers District Escrow Fund serves as a fraternal beneficiary society and voluntary employees association. It offers programs designed to support its members, including a Line 24(b) fund for transferring vacation and holiday benefits. The organization acts as a safety net for its members, providing them with financial assistance during their time off. By facilitating the payment of vacation and holiday benefits, the South Atlantic ILA Employers District Escrow Fund enhances the work-life balance of its members and contributes to their overall well-being. The fund's primary focus is on enhancing the quality of life for its members by providing essential benefits and programs.
What is the revenue of South Atlantic Ila Employers District Escrow Fund?
South Atlantic Ila Employers District Escrow Fund's revenue in 2023 was $38,718,307.
Who are the executives of South Atlantic Ila Employers District Escrow Fund and what are their salaries?
The average compensation at South Atlantic Ila Employers District Escrow Fund during 2023 was $96,074. There are 4 employees at South Atlantic Ila Employers District Escrow Fund.
Here are 12 key members and their salaries:
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Where can I find the form 990 for South Atlantic Ila Employers District Escrow Fund?
South Atlantic Ila Employers District Escrow Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of South Atlantic Ila Employers District Escrow Fund
The South Atlantic ILA Employers District Escrow Fund is a fraternal beneficiary society and voluntary employees association devoted to offering programs that enhance the work experience and quality of life for its members. One of its primary initiatives is the Line 24(b): transfer to vacation & holiday Fund. In this program, the organization facilitates the payment of vacation and holiday benefits to its members. By doing so, it enables them to enjoy well-deserved time off and create a better work-life balance.
The South Atlantic ILA Employers District Escrow Fund functions as a community that prioritizes its members' well-being. Through its programs and initiatives, it aims to foster a positive and supportive work environment. The fund's mission is rooted in the belief that every employee deserves the opportunity to recharge and rejuvenate during their time away from work. By providing vacation and holiday benefits, it enables its members to improve their overall job satisfaction and productivity.
In summary, the South Atlantic ILA Employers District Escrow Fund is an organization that goes beyond the conventional role of an employers' association. It is a community that values its members and strives to create a better working experience for them. By offering programs like the Line 24(b): transfer to vacation & holiday Fund, it enables its members to prioritize their work-life balance and ultimately, improve their overall well-being.
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Impact
October, 2024
The South Atlantic ILA Employers District Escrow Fund plays a significant role in supporting workers through its various programs designed to enhance their financial stability and well-being. By providing a mechanism for the transfer of funds specifically designated for vacation and holiday benefits, it ensures that employees can enjoy time off without financial strain. This fosters not only personal and familial well-being but also contributes to overall job satisfaction and productivity within the workforce.
Additionally, as a fraternal beneficiary society, the fund cultivates a sense of community and mutual support among members. It offers a network of assistance and resources, reinforcing bonds between workers while enhancing their collective bargaining power. The financial programs facilitated by the fund help mitigate unforeseen financial difficulties, fostering a more secure and motivated workforce in the Jacksonville area. Through these initiatives, the South Atlantic ILA Employers District Escrow Fund significantly impacts the lives of its members, promoting a healthier work-life balance and championing worker rights and benefits.
This information is meant to be a general summary of South Atlantic Ila Employers District Escrow 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $191,657
- Program Service Revenue: $24,977,733
- Gross Receipts: $38,718,307
Assets and Liabilities:
- Total Assets: $39,321,913
- Total Liabilities: $38,821,913
- Net Assets: $500,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$24,977,733
Organization Details
Principal Officer
Alice F Grover
NTEE Category
Code: Y40 - Mutual benefit
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