Overview
What is Northern Nevada Operating Engineers Contract Compliance Fund Inc?
Northern Nevada Operating Engineers Contract Compliance Fund Inc is a nonprofit organization situated in Reno, Nevada, with a headquarters at 445 Apple Street 109. Their primary mission is to strengthen the implementation of prevailing wage laws, specifically the Davis-Bacon Act and Nevada's prevailing wage law, within the state. This is achieved by collecting contributions from contractors for each hour an operating engineer is employed, in accordance with the union-employer agreement. The contributions contribute to the enforcement of these wage laws, ensuring fair compensation for operating engineers in projects funded by federal and state funds in Nevada. The nonprofit has a small workforce of three individuals dedicated to this cause.
Official website here: www.nnoecc.org
Is Northern Nevada Operating Engineers Contract Compliance Fund Inc legitimate?
Northern Nevada Operating Engineers Contract Compliance Fund Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Northern Nevada Operating Engineers Contract Compliance Fund Inc 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: $429,744
For more financial information, click here
Official website here: www.nnoecc.org
What is the mission statement of Northern Nevada Operating Engineers Contract Compliance Fund Inc?
The Northern Nevada Operating Engineers Contract Compliance Fund Inc is dedicated to strengthening the implementation of prevailing wage laws, specifically the Davis-Bacon Act. Through this mission, they work towards ensuring fair wages for operating engineers in Nevada, by collecting contributions from contractors in accordance with the negotiated rates in the collective bargaining agreement. This organization plays a crucial role in upholding wage equity within the construction industry in Nevada.
Official website here: www.nnoecc.org
What is the revenue of Northern Nevada Operating Engineers Contract Compliance Fund Inc?
Northern Nevada Operating Engineers Contract Compliance Fund Inc's revenue in 2023 was $883,630.
Official website here: www.nnoecc.org
Who are the executives of Northern Nevada Operating Engineers Contract Compliance Fund Inc and what are their salaries?
The average compensation at Northern Nevada Operating Engineers Contract Compliance Fund Inc during 2023 was $107,436. There are 4 employees and 6 volunteers at Northern Nevada Operating Engineers Contract Compliance Fund Inc.
Here are 9 key members and their salaries:
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- Compensation: $164,800
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- Other: $71,315
- Compensation: $154,034
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- Other: $71,315
- Compensation: $101,761
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- Other: $70,523
Official website here: www.nnoecc.org
Where can I find the form 990 for Northern Nevada Operating Engineers Contract Compliance Fund Inc?
Northern Nevada Operating Engineers Contract Compliance Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nnoecc.org
Learn more at the official website: www.nnoecc.org
Mission Statement of Northern Nevada Operating Engineers Contract Compliance Fund Inc
Northern Nevada Operating Engineers Contract Compliance Fund Inc is dedicated to strengthening the implementation of prevailing wage laws, specifically Davis-Bacon and Nevada's own prevailing wage regulations. By collecting contributions from contractors based on the hours worked by operating engineers, as stipulated in the collective bargaining agreement between the union and the employer, the fund aims to ensure that these laws are adhered to meticulously within the state of Nevada. The primary goal of this nonprofit organization is to maintain fair labor practices, ensuring that workers in the construction industry are compensated fairly for their labor, thereby upholding the integrity of the industry as a whole.
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Impact
October, 2024
Northern Nevada Operating Engineers Contract Compliance Fund Inc plays a crucial role in enhancing the enforcement of prevailing wage laws, specifically the Davis-Bacon Act and Nevada's prevailing wage laws. By ensuring that workers are fairly compensated according to the standards set by collective bargaining agreements, the organization helps to promote equitable pay in the construction sector.
The fund collects contributions from contractors for every hour an operating engineer is employed, which supports enforcement initiatives that monitor and uphold wage compliance. This effort not only protects the rights of workers but also fosters an environment of fair competition among contractors, ensuring that those who adhere to legal wage standards are not undercut by those who do not.
Moreover, by advocating for proper wage compliance, the organization contributes to the broader economy by boosting workers' spending power, which can lead to increased demand for goods and services in the community. In essence, Northern Nevada Operating Engineers Contract Compliance Fund Inc is pivotal in creating a fair and just labor market in Nevada's construction industry.
This information is meant to be a general summary of Northern Nevada Operating Engineers Contract Compliance Fund Inc. 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: $37,244
- Program Service Revenue: $839,657
- Gross Receipts: $1,112,932
Assets and Liabilities:
- Total Assets: $1,055,749
- Total Liabilities: -$179
- Net Assets: $1,055,928
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$722,990
INTERNATIONAL GRANTS
Revenue
$116,667
Organization Details
Founding Year
1996
Principal Officer
Craig Madole
Website
www.nnoecc.orgNTEE Category
Code: J40 - Employment
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