Ibew Local No 134Neca Vacation Savings Fund

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

EIN: 813710750 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local No 134Neca Vacation Savings Fund?

The IBEW Local No 134neca Vacation Savings Fund is a Chicago, IL-based nonprofit program designed to offer vacation benefits to participating members through employer contributions. Contribution rates are determined in collective bargaining agreements. The primary goal of the fund is to establish a Vacation Savings Fund and a Vacation Benefit Plan.

Is Ibew Local No 134Neca Vacation Savings Fund legitimate?

Ibew Local No 134Neca Vacation Savings Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local No 134Neca Vacation Savings 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: $0

For more financial information, click here

What is the mission statement of Ibew Local No 134Neca Vacation Savings Fund?

The IBEW Local No 134neca Vacation Savings Fund is designed to offer vacation benefits to its participants. This program functions based on employer contributions, with the contribution rates determined through collective bargaining agreements. The primary goal is to establish a Vacation Savings Fund that ensures participants receive income for their vacations. The Fund aims to provide financial security and relaxation for its members. Additionally, it offers a Vacation Benefit Plan to enhance the overall vacation experience of the participants.

Who is the CEO of Ibew Local No 134Neca Vacation Savings Fund?

Donald Finn is the Trustee - Chairman of Ibew Local No 134Neca Vacation Savings Fund.

What is the revenue of Ibew Local No 134Neca Vacation Savings Fund?

Ibew Local No 134Neca Vacation Savings Fund's revenue in 2022 was $14,239,910.

Who are the executives of Ibew Local No 134Neca Vacation Savings Fund and what are their salaries?


Here are 4 key members and their salaries:


Donald Finn (Trustee - Chairman)
  • Compensation: $0
  • Related: $213,953
  • Other: $73,460
Kevin Connolly (Trustee)
  • Compensation: $0
  • Related: $149,139
  • Other: $71,569
Eric Nixon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local No 134Neca Vacation Savings Fund?

Ibew Local No 134Neca Vacation Savings Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local No 134Neca Vacation Savings Fund

IBEW Local No 134Neca Vacation Savings Fund is a noteworthy program established to offer vacation benefits to its participants. The mission of this fund is centered around employer contributions, with contribution rates determined in collective bargaining agreements. The primary goal is to provide a Vacation Savings Fund that allows participants to enjoy the fruits of their labor through well-deserved vacations.

IBEW Local No 134Neca Vacation Savings Fund serves as a valuable resource for its members. By pooling together employer contributions, the fund aims to distribute vacation income based on the agreed-upon rates. This fund exists to ensure that hard-working individuals can reap the rewards of their dedication and commitment to their jobs.

The Vacation Savings Fund and Vacation Benefit Plan offered by IBEW Local No 134Neca are essential components of the organization's mission. By providing these benefits, the fund enhances the overall quality of life for its participants. The program's effectiveness and success rely on the collective bargaining agreements, which serve as the foundation for the fund's ability to deliver vacation income to its members.

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Impact




October, 2024

The IBEW Local No 134NECA Vacation Savings Fund significantly impacts its participants by providing a structured means for vacation income through systematic employer contributions. By establishing contribution rates in collective bargaining agreements, the fund ensures that workers can rely on a steady accumulation of savings specifically dedicated to vacation expenses.

This initiative not only enhances financial stability for participants but also encourages a balanced work-life dynamic by facilitating well-deserved time off. Located in Chicago, IL, the fund serves to promote mutual benefit within the local workforce, ultimately contributing to the overall wellbeing of its members. Through the Vacation Savings Fund and the Vacation Benefit Plan, the program fosters a sense of security and financial planning among workers, enabling them to enjoy their vacations without financial strain.




This information is meant to be a general summary of Ibew Local No 134Neca Vacation Savings 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.

Revenue
$14,239,910 (2022)
Expenses
$14,129,814 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $14,239,910
  • Gross Receipts: $14,239,910

Assets and Liabilities:

  • Total Assets: $1,463,319
  • Total Liabilities: $0
  • Net Assets: $1,463,319

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$14,239,910

Organization Details

Founding Year

2016

Principal Officer

Donald Finn

Main Address

2722 SOUTH KING DRIVE, CHICAGO, IL, 60616

NTEE Category

Code: Y43 - Mutual benefit

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