Overview
What is Insulation Industry Fund?
The Insulation Industry Fund is a nonprofit organization that serves as a conduit for the distribution of funds. It collects hourly payments, as outlined in a labor agreement between the Associated Insulation Contractors of Or & Wa, Inc. and Heat & Frost Insulators Local Union No 36t, adhering to the terms set in 2021. Following the collection, the payments are subsequently transferred to contractors within the industry. The Insulation Industry Fund's primary function is to facilitate this financial transfer process, ensuring the smooth operation and equitable distribution of funds within the insulation sector.
Is Insulation Industry Fund legitimate?
Insulation Industry Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Insulation Industry Fund submitted a form 990EZ, 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.
What is the mission statement of Insulation Industry Fund?
The Insulation Industry Fund serves a specific purpose by collecting and transferring hourly payments, as per the labor agreement between Associated Insulation Contractors of Oregon and Washington, Inc. and Heat & Frost Insulators Local Union No 36t, based on the terms set in 2021. These payments are subsequently transferred to the contractors. While the Insulation Industry Fund does not have a traditional mission statement in the sense of promoting a cause or supporting a community, its primary function is to facilitate the financial aspects of the labor agreement between the two parties, ensuring the correct distribution of payments to the contractors.
Who is the CEO of Insulation Industry Fund?
Robert G Bergman is the Secretary of Insulation Industry Fund.
What is the revenue of Insulation Industry Fund?
Insulation Industry Fund's revenue in 2022 was $86,746.
Who are the executives of Insulation Industry Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Insulation Industry Fund?
Insulation Industry Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Insulation Industry Fund
The Insulation Industry Fund, as an entity, is primarily tasked with collecting and transferring hourly payments. This operation is facilitated by the labor agreement between Associated Insulation Contractors of Or & Wa, Inc. and Heat & Frost Insulators Local Union No 36t, adhering to the terms set in 2021. Once collected, these payments are then distributed to the contractors. In essence, the Insulation Industry Fund serves as a conduit for these financial transactions, ensuring seamless and timely payment for the labor services provided by the union members to the contractors.
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Impact
October, 2024
The Insulation Industry Fund plays a crucial role in facilitating the financial operations between contractors and the Heat & Frost Insulators Local Union No. 36. By collecting and transferring hourly payments as stipulated in labor agreements, it ensures that wages are properly administered to the insulation workforce. This contributes to stable employment in the insulation industry, supporting the economic well-being of the workers involved and fostering relationships between contractors and unions.
By managing these labor payments effectively, the Fund helps maintain compliance with labor agreements, ensuring that all parties adhere to the agreed-upon terms. This not only enhances trust and cooperation within the industry but also promotes fair labor practices. The Fund's operations ultimately support job security, fair wages, and the sustainability of the insulation sector in the region, contributing to a healthier economy in Salt Lake City and beyond.
This information is meant to be a general summary of Insulation Industry 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: $50
- Gross Receipts: $86,746
Assets and Liabilities:
- Total Assets: $87,508
- Total Liabilities: $0
- Net Assets: $87,508
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Organization Details
Phone
(801) 364-0050Principal Officer
Robert G Bergman
Main Address
669 SOUTH 200 EAST SUITE 200, SALT LAKE CITY, UT, 84111
NTEE Category
Code: J00 - Employment
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