Overview
What is Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund?
Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund is a nonprofit organization based in Alameda, California, specifically located at 1141 Harbor Bay PKWY STE 100. Their mission focuses on providing vacation, holiday, and sick pay benefits to eligible operating engineers during their working years. These benefits are offered under the collective bargaining agreements. This trust fund ensures that covered engineers can take time off for rest and recovery, giving them the opportunity to maintain their wellbeing and productivity while in employment.
Is Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund legitimate?
Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust 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.
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What is the mission statement of Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund?
The Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund aims to enhance the lives of eligible operating engineers by providing vacation, holiday, and sick pay benefits throughout their working years. This trust fund is committed to ensuring that these engineers can take time for rest and recovery when needed, adding to their overall well-being and work-life balance. By offering these essential benefits, the trust fund plays a crucial role in supporting the financial security and stability of the covered operating engineers.
Who is the CEO of Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund?
Dan Reding is the Co-Chairman of Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund.
What is the revenue of Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund?
Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund's revenue in 2022 was $160,649,666.
Who are the executives of Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund?
Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust Fund
Operating Engineers Local Union No 3 Vacation Holiday and Sick Pay Trust Fund is a unique entity dedicated to enhancing the lives of eligible operating engineers under collective bargaining agreements. By providing vacation, holiday, and sick pay benefits during their working years, this trust fund aims to add value to the professional and personal lives of its members.
In simple terms, Operating Engineers Local Union No 3 Vacation Holiday and Sick Pay Trust Fund serves as a safety net for operating engineers, offering them essential benefits that contribute to their overall well-being. These benefits are vital components of a comprehensive employment package, and the trust fund's mission is to ensure that they are accessible to eligible members throughout their careers.
The trust fund's primary focus lies in granting vacation and holiday time, allowing members to rejuvenate and recharge, away from the rigors of their demanding work. Furthermore, sick pay benefits are crucial during periods of illness, providing financial assistance and peace of mind during challenging times. These benefits not only improve the quality of life for operating engineers but also contribute to their mental and physical well-being, ensuring they can focus on their work when healthy and take care of themselves when unwell.
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Impact
October, 2024
The Operating Engineers Local Union No 3 Vacation Holiday and Sick Pay Trust Fund significantly enhances the financial stability and well-being of eligible operating engineers in Alameda, CA. By providing essential vacation, holiday, and sick pay benefits, the fund plays a crucial role in ensuring that workers can take necessary time off without the stress of lost income. This support helps maintain a healthier work-life balance, which can lead to improved job satisfaction and productivity.
Moreover, the trust fund aids in creating a more equitable working environment by ensuring that all eligible operating engineers, covered by collective bargaining agreements, have access to these critical benefits. This structure not only guarantees financial security during unforeseen circumstances, such as illness or family emergencies, but also promotes morale and loyalty among union members. Overall, the fund contributes positively to the overall well-being of the workforce, reinforcing the importance of mutual support within the labor community.
This information is meant to be a general summary of Operating Engineers Local Union No 3 Vacation Holiday And Sick Pay Trust 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: $30,762
- Program Service Revenue: $160,423,629
- Gross Receipts: $160,649,666
Assets and Liabilities:
- Total Assets: $28,962,225
- Total Liabilities: $25,950,972
- Net Assets: $3,011,253
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$160,423,629
Organization Details
Founding Year
2016
Phone
(510) 671-8800Principal Officer
Dan Reding
Main Address
1141 HARBOR BAY PKWY STE 100, ALAMEDA, CA, 94502
NTEE Category
Code: Y35 - Mutual benefit
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