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Iuoe Local 25 Training Fund

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

EIN: 841859580 ✦ Millstone township, NJ ✦ Designated as a 501(c)(5)

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Overview

What is Iuoe Local 25 Training Fund?

The Iuoe Local 25 Training Fund is a nonprofit organization situated in Millstone Township, New Jersey. Its primary mission is to offer educational, continuous education, and training opportunities to individuals working in the dredging industry, who are union members, or aspiring to become part of this sector and join the union. By providing these resources, the organization aims to equip and empower its members, fostering growth and advancement within the dredging industry.

Is Iuoe Local 25 Training Fund legitimate?

Iuoe Local 25 Training Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Iuoe Local 25 Training 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 Iuoe Local 25 Training Fund?

The Iuoe Local 25 Training Fund is dedicated to offering educational, continuous learning, and training opportunities for individuals working in the dredging industry. This includes union members and those aspiring to join the industry and become union members. The primary objective is to equip these individuals with the necessary skills and knowledge to excel in their roles within the dredging industry. The fund serves as a valuable resource for personal growth and professional development within this specific sector.

Who is the CEO of Iuoe Local 25 Training Fund?

Anthony J Gonsiewski Jr is the Trustee of Iuoe Local 25 Training Fund.

What is the revenue of Iuoe Local 25 Training Fund?

Iuoe Local 25 Training Fund's revenue in 2023 was $237,288.

Who are the executives of Iuoe Local 25 Training Fund and what are their salaries?


Here are 3 key members and their salaries:


Anthony J Gonsiewski Jr (Trustee)
  • Compensation: $0
  • Related: $190,390
  • Other: $53,241
Anthony N Stewart (Trustee)
  • Compensation: $0
  • Related: $151,557
  • Other: $50,891
Scott Reeves Sr (Trustee)
  • Compensation: $0
  • Related: $154,056
  • Other: $51,040
Where can I find the form 990 for Iuoe Local 25 Training Fund?

Iuoe Local 25 Training Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Iuoe Local 25 Training Fund

The Iuoe Local 25 Training Fund is committed to offering education, continuous education, and training opportunities for individuals working within the dredging industry. This nonprofit organization extends its services to union members engaged in the dredging sector, as well as to individuals who aspire to join the industry and become union members. The primary objective of Iuoe Local 25 Training Fund is to equip these individuals with the necessary skills and knowledge required to excel in their roles within the dredging industry. By providing this education, the organization aims to foster a skilled workforce that can contribute effectively to this industry's growth and development.

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Impact




October, 2024

The Iuoe Local 25 Training Fund significantly impacts the dredging industry by providing essential education, ongoing training, and skill development for both current union members and individuals seeking to enter the field. By focusing on a specialized sector, this initiative helps create a well-informed and skilled workforce, which is crucial for the successful operation and safety of dredging activities.

Through its comprehensive training programs, the fund empowers workers with the knowledge and skills necessary to excel in their roles, ultimately enhancing productivity and safety standards within the industry. This commitment to education not only benefits individual members—by improving their career prospects and job security—but also strengthens the entire sector by fostering a high level of expertise and professionalism.

Furthermore, by welcoming individuals who wish to become union members, the Iuoe Local 25 Training Fund plays a pivotal role in increasing workforce participation and ensuring that the labor pool remains robust and well-trained. This proactive approach contributes to the overall growth and sustainability of the dredging industry, making it more resilient to challenges and better equipped to meet future demands.




This information is meant to be a general summary of Iuoe Local 25 Training 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
$237,288 (2023)
Expenses
$44,240 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $237,288
  • Gross Receipts: $237,288

Assets and Liabilities:

  • Total Assets: $859,809
  • Total Liabilities: $0
  • Net Assets: $859,809

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Programs

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

PARTICIPANT CONTRIB

Revenue

$133,368

LOCAL 25 CONTRIBUTION

Revenue

$103,920

Organization Details

Founding Year

2019

Principal Officer

Anthony J Gonsiewski Jr

Main Address

463 STATE ROUTE 33, MILLSTONE TOWNSHIP, NJ, 08535

NTEE Category

Code: J40 - Employment

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