Overview
What is Ibew Local Union 175 Eiap Fund?
Ibew Local Union 175 Eiap Fund is a nonprofit organization situated in Chattanooga, Tennessee. Their primary mission is to promote employment opportunities for union electrical workers. They achieve this by conducting a collective working assessment, enabling union employers to compete effectively against non-union competitors who offer lower wages and fewer benefits. This program is funded through contributions made by union members' dues.
Is Ibew Local Union 175 Eiap Fund legitimate?
Ibew Local Union 175 Eiap Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew Local Union 175 Eiap 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ibew Local Union 175 Eiap Fund?
The Ibew Local Union 175 Eiap Fund's mission is centered around promoting employment opportunities for union electrical workers. The funds collected as working dues (assessments) from union members are utilized to give union contractors a competitive edge. This enables them to bid for projects against non-union employers who offer lower wages and fewer benefits. The primary goal of the fund is to ensure union electrical workers have a fair chance in the job market. The only program under this trust is actively working towards this objective by implementing a collective assessment on union workers, thereby helping union employers compete more effectively.
Who is the CEO of Ibew Local Union 175 Eiap Fund?
Sterling Shelton is the Trustee of Ibew Local Union 175 Eiap Fund.
What is the revenue of Ibew Local Union 175 Eiap Fund?
Ibew Local Union 175 Eiap Fund's revenue in 2022 was $1,143,362.
Who are the executives of Ibew Local Union 175 Eiap Fund and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Ibew Local Union 175 Eiap Fund?
Ibew Local Union 175 Eiap Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ibew Local Union 175 Eiap Fund
Ibew Local Union 175 Eiap Fund's primary mission is to promote employment opportunities for union electrical workers. This nonprofit organization achieves this goal by collecting working dues, or assessments, from its members. The funds collected are then utilized to help union contractors compete effectively in the job market against non-union employers. These non-union employers often offer lower wages and fewer, if any, employee benefits. By utilizing the funds from the working dues, Ibew Local Union 175 Eiap Fund enables union employers to remain competitive and provide better job prospects for their members. In essence, the fund serves to level the playing field for union workers, ensuring they have access to fair wages and benefits.
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Impact
October, 2024
The IBEW Local Union 175 EIAP Fund plays a crucial role in promoting employment for union electrical workers in Chattanooga, TN. By implementing a collective working assessment program, the fund enables union employers to effectively compete against non-union employers that often offer lower wages and fewer benefits. This unique program is designed to enhance the job opportunities for union workers, ensuring that they are recognized for their skills and receive fair compensation.
Through the contributions of working dues from its members, the fund provides the necessary resources for union contractors to secure work in a competitive market. This strategic support not only strengthens the union's presence but also reinforces the value of fair labor practices in the electrical industry. Ultimately, the fund's efforts contribute to a more sustainable and equitable employment landscape for union electrical workers, fostering a sense of pride and community among its members.
This information is meant to be a general summary of Ibew Local Union 175 Eiap 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 2022.
- Investment Income: -$18,955
- Program Service Revenue: $1,162,317
- Gross Receipts: $1,541,445
Assets and Liabilities:
- Total Assets: $2,143,020
- Total Liabilities: $0
- Net Assets: $2,143,020
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Working Assessments
Revenue
$1,162,317
Organization Details
Founding Year
1993
Phone
(423) 894-3557Principal Officer
Sterling Shelton
Main Address
3922 Volunteer Drive, Chattanooga, TN, 374163901
NTEE Category
Code: J40 - Employment
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